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Enterprising Investor

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Re: russian roullette post# 1015

Wednesday, 03/06/2019 4:36:10 PM

Wednesday, March 06, 2019 4:36:10 PM

Post# of 3055
Judge Alsup is prepared to order PG&E to keep its dividend payments suspended until the utility trims trees around its power lines to comply with state rules.

Earlier, he wanted the entire power grid inspected and repaired before the fire season begins, an effort PG&E said would cost $150B.

Even if the actual cost of landscaping comes in at only $15B, equity will be impacted without paying a dime for fire claims.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

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