Description: Pacific Gas & Electric and California Gov. Gavin Newsom announced a deal Friday for the nation’s largest utility to emerge from bankruptcy triggered by massive liabilities from wildfires.
Source: CNBC.com – video report
Date: Mar 20, 2020
Questions for discussion:
- What are the implications for Californians going forward?
- How will management decisions be affected as a result of the deal?
- What could previous management have done better to restructure operations and safety?