Michele Kearney's Nuclear Wire - Major Energy and Environmental News and Commentary affecting the Nuclear Industry. Nuclear Activities
Thursday, March 26, 2020
PG&E Fire Victims Warn Market Turmoil Endangers Settlement
PG&E Fire Victims Warn Market Turmoil Endangers Settlement: (Bloomberg) -- Market turmoil from the coronavirus is spilling into the bankruptcy of California power giant PG&E Corp.Victims of wildfires blamed on PG&E’s equipment are concerned the sell-off on Wall Street could hobble stock payments that make up half of a $13.5 billion settlement over claims from
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