Hedge Funds Cash Out Billions in PG&E Stock. Fire Survivors Suffer and Wait.

By News

Published 3 years ago on

October 11, 2021

Pacific Gas & Electric Company is mired in debt as tens of thousands of survivors of fires sparked by the utility’s equipment are still waiting for promised compensation. Amid all this, several Wall Street hedge funds have dumped their PG&E shares, with at least seven funds having sold off their entire PG&E stake.

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Categories

Tennessee Lawmakers Pass Bill Criminalizing Adults Assisting Minors in Gender-Affirming Care

Wittrup: Vote to Table Bullard Fence Contract Was ‘Retaliatory’

Did Arias ‘Weaponize’ City Attorney’s Office by Requesting Documents from Smittcamp?

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USC Scraps Graduation Ceremony Amid Concerns Over Potential Disruptions from Protests