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PG&E Votes to File for Chapter 11 Bankruptcy

https://sanfrancisco.cbslocal.com/2019/01/28/pge-votes-to-file-for-chapter-11-bankruptcy/

by mbgaxyz • 7 years ago

2 1 7 years ago

SA

sanfrancisco.cbslocal.com

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masonic• 7 years ago

"California State Senator Bill Dodd, whose district includes areas in Napa and Sonoma counties that were heavily damaged in the Oct. 2017 wildfires, issued a statement after PG&E officials confirmed that they would file for bankruptcy.

“Given its track record of obfuscation and mismanagement, I’m not surprised PG&E claims it can no longer meet its financial obligations,” the statement read. “It’s extremely disappointing and underscores the need for change at PG&E in both its leadership and culture. Wildfire victims shouldn’t have to deal with the uncertainty this causes, which in many respects re-victimizes them.”

Bill Dodd just happens to be the same genius who authored(!) SB 901, the PG&E bailout bill, just a few months ago.

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