PG&E Reportedly Planning Bankruptcy Announcement To Workers As Soon As Monday
Zero Hedge -

18 years after becoming one of America's largest bankruptcies, the writing is on the wall for California's utility giant after its cash-collateral-call triggering second downgrade to junk has led to reports that PG&E may notify employees as soon as Monday that it’s preparing a potential bankruptcy filing, according to people familiar with the situation.

California passed legislation last year in the aftermath of the deadly Wine Country fires requiring utilities to post public notices for...

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