Flutterby™! : PG&E paid dividends

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PG&E paid dividends

2019-04-03 19:53:34.56591+02 by Dan Lyke 0 comments

The problem with limited liability companies is that it's easy to extract value and leave others holding the externalities: Judge: PG&E Paid Out Stock Dividends Instead of Trimming Trees

PG&E remains on probation for the 2010 pipeline explosion, which killed eight people and leveled a neighborhood. State fire investigators also blamed PG&E for 18 of the more than 170 wildfires that swept Northern California in October 2017. And the utility has acknowledged that its equipment likely started the 2018 Camp Fire in Butte County, which destroyed nearly 14,000 homes in the town of Paradise and killed 85 people.

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