from Hacker News

PG&E Votes to File for Chapter 11 Bankruptcy

by mbgaxyz on 1/29/19, 7:25 AM with 1 comments

• by masonic on 1/29/19, 7:43 AM

  "California State Senator Bill Dodd, whose district includes areas in Napa and Sonoma counties that were heavily damaged in the Oct. 2017 wildfires, issued a statement after PG&E officials confirmed that they would file for bankruptcy.

  “Given its track record of obfuscation and mismanagement, I’m not surprised PG&E claims it can no longer meet its financial obligations,” the statement read. “It’s extremely disappointing and underscores the need for change at PG&E in both its leadership and culture. Wildfire victims shouldn’t have to deal with the uncertainty this causes, which in many respects re-victimizes them.”

  Bill Dodd just happens to be the same genius who authored(!) SB 901, the PG&E bailout bill, just a few months ago.