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Monday August 16, 2010 at 12:00 pm

Former Harrisburg Authority member Eric Papenfuse explains why the 2007 working capitol loan of $34 million passed by James Ellison and Erica Bryce of the Harrisburg Authority gave an unfair advantage by way of first right of refusal to Covanta, Papenfuse calls the loan "sub-prime" and goes on to say the lender Bear Sterns knew the Authority could not meet the debt obligations.

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