The campaign triggered a massive surge in illegal production of low-quality home-brewed alcohol.
VOA: standard.2009.10.15
While municipals have undergone significant changes, with some added risks, since the financial meltdown of 2008, massive defaults on quality bonds are not going to happen.
This could look similar to the fall of 2008, when a complete loss of investor confidence and a massive flight to quality brought the global funding markets to a temporary stand-still.
Davy Jones was so eager to cough up its bounty from a massive high-quality reservoir 200 feet thick that McMoran several months ago had to control the flow by filling the hole heavy drilling mud.