Hacker News Reader

> What did the litigators think would happen?

That PG&E would stop paying out dividends instead of doing the maintenance they are supposed to be doing?

https://www.kqed.org/news/11737336/judge-pge-paid-out-stock-...

Then how about prohibiting dividends, buybacks, and bonuses until they are ready to accept liability -- or some other way of structuring this regulation other than imposing contradictory requirements on them that force blackouts?

Utilities are heavily regulated. Each year, budget has to be approved by Sacramento.

Not fines so much, but payments to insurance companies and others who suffered loses in fires found to be started by PG&E power lines.

That the age old failure of leadership could be blamed on the greed of the corporation. They are all complicit, ain't nothin' new.