A nickname for the Washington Public Power Supply System, which in the 1970s raised billions of dollars through municipal bond offerings, the projects that never materialized WPPSS defaulted on the payments to bondholders
feelings You say `whoops' to indicate that there has been a slight accident or mistake, or to apologize to someone for it. Whoops, that was a mistake Whoops, it's past 11, I'd better be off home. = oops
A nickname for the Washington public power supply system which in the 1970s raised billions of dollars through municipal bond offerings, but because of bad management, the projects which the offerings were to finance did not materialize and Whoops defaulted on the payments to bondholders