What is the probability of PG&E's plan succeeding compared to the bondholder plan?
PG&E Stock Has 75% Probability of Going to Zero, Citi Analyst says
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The video discusses the competing plans for PG&E's bankruptcy resolution, highlighting the bondholder plan, which could wipe out equity, and PG&E's plan, which offers compensation to victims. Political factors, including California Governor Gavin Newsom's criticism, complicate the situation. The video also explores future investment opportunities in PG&E's infrastructure post-bankruptcy, emphasizing the role of the California Public Utilities Commission in authorizing necessary investments.
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What challenges does PG&E face in making its case in court during blackouts?
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