in 1959, julian granger waa rt with the knoxville news-sentinel.turday night, i was coming in on the late shift at the knoxville news-sentinel. i went to my box, and i pulled out all the news releases and so forth. and there was the weekly, or bi-weekly, news release of the tennessee valley authority. and i went through it -- the rainfall in the valley. it was mundane stuff. and i got around to the second page, and lo and behold, this thing jumped out at me. "on this bidding, allis-chalmers, "general electric, and pennsylvania transformer quoted identical prices of $112,712." schoumacher: close parentheses, and that was it? so i went back to my desk, thought about it for a while, and then i called red wagner. i told him, i seem to recall telling him, "i can't believe this, red. you know, how could you have identical bids?" and he began to unload on me. he says, "the real story "is down in chattanooga, where the head of purchasing is paul fahey." so i did, i went down there. and paul fahey had a stack of -- it was on ruled paper -- but he had case a