Thread: PG&E Bankrupt
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Old 04-09-2001, 03:36 PM  
Lensman
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Join Date: Jan 2001
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Actually not under, but Chapter 11 reorganization which can make the stock worthless in theory and the company taken over by creditors, in theory.

The good news is that post-bankruptcy suppliers get the highest priority for payment which means maybe fewer blackouts.

I'm glad we've got a couple of generators.

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