PG&E Files For Bankruptcy Protection

[wdmso]

PG&E Files For Bankruptcy Protection As Wildfire Claims Total $11.4 Billion

another example of corporate welfare ... going to leave the state and Feds to clean up the mess

More directly affected, of course, are stockholders, bondholders and thousands of PG&E retirees and their families who are casting nervous eyes on the pension fund.

[JohnR]

Originally Posted by wdmso

PG&E Files For Bankruptcy Protection As Wildfire Claims Total $11.4 Billion

another example of corporate welfare ... going to leave the state and Feds to clean up the mess

More directly affected, of course, are stockholders, bondholders and thousands of PG&E retirees and their families who are casting nervous eyes on the pension fund.

Absolutely terrible for those people effected by those fires.

Can't wait until the government that spends way more than it brings in for decades declares bankruptcy

[Cool Beans]

I really don't think bankruptcy should be an option to protect against lawsuits or damage claims like this.....

Hopefully most of the people who lost homes had them insured....