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PG&E asks California regulators to approve a 22% rate hike
(www.nbcbayarea.com)
Discussion for all things Bay Area.
They didn't "declare bankruptcy," they filed for Chapter 11 which is meant for reorganizing. It puts a hold on collections to allow the company to get its finances in order. It's not for outright dismissing debts the way personal bankruptcy would.
Do me a favor and finish the statement, "They filed for Chapter 11 b-------cy."
Bitch Nancy?