Los-Angeles-Shooter wrote:
When can bloated govt bureaucracies do ANYTHING better than the private sector? Compare, for example, the Postal Service w/ UPS or FedEx? Or the notorious affirmative-action M. L. King hospital with ANY other hospital. (M L King Hospital is known locally as "K**ler King" because it is so bad.)
PG&E is a privately-controlled, public utility that is publicly traded. It has essentially run amok for decades taking taxpayer money. It filed bankruptcy last January.
This company is the perfect example of capitalism gone wild without consequence for decades.