Pacific Electric and Gas Hoping for a Bailout?
Pacific Gas and Electric faces up to $30 billion in potential liability costs as a result of California wildfires. Is their announcement that they’re preparing to file for Chapter 11 bankruptcy real or a thinly veiled plea for a bailout?
(From CNBC.org)
PG&E Corp. stock cratered Monday after the company said it will file for Chapter 11 bankruptcy protection amid the financial anguish stemming from its part in helping spark a wave of historic wildfires in California.There was some speculation that PG&E was bluffing in order to force aid from California.
http://www.againstcronycapitalism.org/
Source: https://www.ac2news.com/2019/01/pacific-electric-and-gas-hoping-for-a-bailout/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).
BS, if they aren’t rolling in money from gouging the public then I miss my guess. Hid it in an account somewhere? One disaster and bet you they collected fees for repairs through the decades, what happened to that. On top of that they charged customers and insurance companies for every repair they could. Now it is time to fix their crap. The people should not fix it for them.