Saturday, March 7, 2020

PG&E Unveils Bankruptcy Plan: Ask Wall Street for Another $60 Billion

PG&E Unveils Bankruptcy Plan: Ask Wall Street for Another $60 Billion: The bankrupt utility needs $57.6 billion to pull itself out of Chapter 11 bankruptcy. Investors would probably hook them up, but exasperated state regulators may put the kibosh on it.

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