AARoads Forum

Non-Road Boards => Off-Topic => Topic started by: bing101 on January 15, 2019, 12:10:31 PM

Title: PG&E bankruptcy: California's tough choices for nation's biggest utility
Post by: bing101 on January 15, 2019, 12:10:31 PM
https://www.cbsnews.com/news/pg-e-bankruptcy-california-faces-tough-choices-for-nations-biggest-utility/

https://www.bloomberg.com/news/articles/2019-01-15/insurers-have-limited-exposure-to-pg-e-bonds-goldman-says

PG&E  files Chapter 11 and its a result of the wildfires liability issue.
Title: Re: PG&E bankruptcy: California's tough choices for nation's biggest utility
Post by: US71 on January 15, 2019, 12:20:06 PM
Quote from: bing101 on January 15, 2019, 12:10:31 PM
https://www.cbsnews.com/news/pg-e-bankruptcy-california-faces-tough-choices-for-nations-biggest-utility/

https://www.bloomberg.com/news/articles/2019-01-15/insurers-have-limited-exposure-to-pg-e-bonds-goldman-says

PG&E  files Chapter 11 and its a result of the wildfires liability issue.

and the now ex- CEO got a nice golden parachute
https://www.usatoday.com/story/money/2019/01/15/pg-e-ex-ceo-receives-2-5-million-severance-pay/2578948002/