PG&E Shareholders Spooked Over Bankruptcy Prospects

Posted on 01/07/2019


The embattled California utility giant PG&E Corporation could seek bankruptcy protection. PG&E is mired in potential wildfire liabilities. The newly sworn-in California Governor Gavin Newsome could work with legislators for a potential bailout of PG&E at the cost of California’s taxpayers. In 2010, a PG&E gas pipeline exploded in the Bay Area that killed 8 […]