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08:25 PM
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A Giant Energy Utility in the U.S., PG&E Said to Plan Bankruptcy Notice to Workers As Soon As Monday
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[quote:GSB/LTD:MV8zOTU3NDgxXzcxNTUwMTc0XzM3NDQ2MkI3] [quote:Terrebonne:MV8zOTU3NDgxXzcxNTQwMDMzX0YxRUU3MTk3] [quote:GSB/LTD:MV8zOTU3NDgxXzcxNTM5NzQ0X0VBQUNGN0VD] OH, how I wish California [u]would[/u] secede from the United States and form their own Republic... or whatever those Snowflakes would decide to call it. They would learn very quickly how lenient the rest of us Americans have been. So far. [/quote] California contributes 13.3% to the USA's economy, more then any other state. Texas comes in at 9.5% and NY at 8.1. https://blogs.voanews.com/all-about-america/2015/09/18/heres-how-much-each-state-contributes-to-us-economy/ . [/quote] UMMM: California also "contributes" -by a vast majority- more [u]corruption[/u] and [u]social decay [/u]than any other state... the L.A. basin alone takes that prize! It also just barely qualifies as being a "donor" state. All tings considered the rest of us would be waaaay better off without them AND their liberal bullshit. [/quote]
Original Message
PG&E Corp., the California utility giant facing billions of dollars in wildfire liabilities, may notify employees as soon as Monday that it’s preparing a potential bankruptcy filing, according to people familiar with the situation.
The San Francisco-based utility owner is planning to send the notice to fulfill a state law that requires the company to alert workers at least 15 days before a change of control, said the people, asking not to be identified because the information isn’t public. The notice wouldn’t necessarily make a bankruptcy filing certain and the company could still decide not to if its situation changes, one of the people said.
PG&E declined to provide a statement, saying the company doesn’t comment on rumor or speculation.
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link to www.bloomberg.com (secure)
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