Replies to post #989 on Pacific Gas & Electric Co (PCG)

[syffud]

Getting a bailout doesn't mean it's all of a sudden magically good for the shareholders.

Look at the GM bailout. See how well that went for shareholders:

https://money.usnews.com/money/blogs/flowchart/2009/05/19/who-will-lose-the-most-from-a-gm-bankruptcy

https://www.quora.com/Did-GM-stock-owners-lose-money-on-GMs-chapter-11-reorganization-in-2009