PG&E is saying publicly (and the news is reporting) that PG&E has $500
million in cash, and it's payables are $583 M.
"Ronald Carroll" <
rcarroll@bracepatt.com<
01/11/2001 09:05 AM
To: <
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Subject: PG&E Can't Make Next PX Payment
I have been informed that PG&E announced at the CPUC hearing yesterday that
it will not be able to make its next payment to the PX. It owes $500+
million.
