Dubroff: Restructuring might be best path forward for PG&E
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By Henry Dubroff Friday, January 11th, 2019
Henry Dubroff Paying the price for more than a decade of terrible management, PG&E has seen its stock plunge, its credit rating reduced to junk bond status, and there have been calls for the state’s largest utility to seek bankruptcy protection. PG&E faces perhaps $20 billion in liabilities for the Camp Fire that destroyed the…