With stocks in California utilities dirt-cheap, why shouldn’t the state just take them over?

  • 📰 latimes
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 82%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

California utility shares are so cheap, the state could afford to buy them up. Column by hiltzikm

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

hiltzikm Yes - because the gov’t always does such a better job than the free market, private sector. 🙄

hiltzikm This may be a bad idea if they're not sold eventually. The state doesn't need more liabilities. It can be a good trade though.

hiltzikm And use the income to pay the teachers.

hiltzikm How much did GavinNewsom pay hiltzikm to write this?

hiltzikm Puerto Rico 2.0

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

California's Biggest Utility Company Faces A Reckoning After Massive Wildfires Across The StateThe future is uncertain for PG&E, as well as the people who say it needs to pay for its role in unprecedented death and destruction.
Source: BuzzFeed - 🏆 730. / 51 Read more »

California utility PG&E's stock falls over 20 percent Monday as company faces wildfire claimsThe utility is facing lawsuits connected to California's deadliest-ever wildfire, the Camp Fire, which killed 86 people in November. People need to go to jail. Wow. naomirwolf End the monopoly.
Source: NBCNews - 🏆 10. / 86 Read more »

CEO of California utility PG&E steps down as company faces potential wildfire liabilitiesCalifornia power company PG&E CEO Geisha Williams has stepped down, the company said on Sunday, as it faces billions of dollars in potential liabilities related to deadly wildfires. Whoa whoa whoa I thought the Gods of the Climate caused this?
Source: CNBC - 🏆 12. / 72 Read more »