Tuesday, November 11, 2008

TVA fund for cleanup takes a hit

TVA and other utilities have socked away money to shut down and clean up nuclear power plants once they're too old to function, but those trust funds are generally thick with stocks and other investments that have taken an economic beating. TVA's stash has seesawed over the years, losing or gaining more than $100 million at times, with a 9.7 percent drop to $983 million in March from six months earlier.
The Tennessean

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