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San Bruno Fire CPUC Penalty Will Not Bankruptcy PG&E; Tony Earley Wrong

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Tony Earley, the PG&E Chairman and Chief Executive Officer, who’s name could be the start of a hip-hop song that goes “Tony Earley. Tony Earley. Tony Earley” is totally wrong when he says that the San Bruno CPUC Penalty for the damage caused by the San Bruno Fire would require PG&E shareholders to sell billions in additional stock and, if shares failed to sell, could land PG&E in bankruptcy.

Tony Earley told that to Bloomberg News on Tuesday, and it seems they bought it hook-line-and-sinker. More at Zennie62.com: Tony Earley: PG&E CEO Wrong; San Bruno Fire CPUC Penalty Will Not Bankruptcy Utility - http://www.zennie62blog.com/2013/08/22/tony-earley-pg-san-bruno-fire-cpuc-penalty-will-not-bankruptcy-utility-87310/

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