My wife and I just watched this PBS Frontline special from February. It explains what happened last year in great detail and is worth watching. It is about an hour.
http://www.pbs.org/wgbh/pages/frontline/meltdown/view/
Inside the Meltdown - PBS Frontline
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slideman67
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Inside the Meltdown - PBS Frontline
If the devil had a name, it'd be Chuck Finley.