"You know if the state can get it done, why can't the federal government," said LaMalfa. Our experienced mass tort attorneys provide consultations at no cost and with no obligation. That price created a shortfall of approximately $2.4 billion less than expected, and it has lingered between $10 and $12 and closed at $9.78 as of Friday, June 17, 2022.. In April 2002, he was named Managing Editor. (16) Nonetheless, over 35% of wildfire victims are still waiting years later for their settlements and the vast majority have asked for reconsiderations, challenging the Trusts settlements as unfair and their claims as woefully under paid. opt-out claim, and issuance 90% of all Determination Notices. 10/31/22 . Retrieved June 5, 2022, from https://www.kqed.org/news/11891626/hedge-funds-cash-out-billions-in-pge-stock-fire-survivors-suffer-and-wait, (2) Trust Distributed $1.69B to PG&E California Fire Victims in 2021. Sound rich to you? But if the toll from fires exceeds whats in that pot, PG&Es solvency might even be at risk. WebIt appears the Fire Victims Trust will end up owning more than 20.9% of PG&E because the stock value is so low and it will take more shares to reach $6.75 billion in value. A. Insurance Journal. (2022, May 25). Under the direction of the Trustee, the Honorable John K. Trotter (Ret.) No victims are on the committee. After receiving sufficient information for all claims, the Trust issues a Determination Notice that includes an aggregate award for all of the claims. endstream
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The industry leader for online information for tax, accounting and finance professionals. (2021, October 11). I have tried to work cooperatively with the Trustee while pressing for payments to be expedited with greater transparency and accountability, he said in the statement to this newspaper. And the Hedge Fund investors have been paid in full over nine months ago with huge stock incentives in PG&E stock bonuses for accepting the Fire Victim Trusts deal, and as soon as they received the PG&E stock at full market price and their stock bonuses for accepting the victims deal, they sold all their PG&E stock with hundreds of millions dollars in profits, paid from the $55 billion PGE bankruptcy settlement. The trust owns about 24% of the companys Instead he chose to take a huge loss for us. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Please Fix the Biggest Victim Economy You Approved by providing equitable compensation to the 2015, 2017 and 2018 wildfire victims. 1054 CHAPTER 79. In the aftermath of each fire, thousands of people sought refuge in their vehicles, emergency tent communities or FEMA camps. Trotters response to the Butte County Board of Supervisors letter was to leave a voicemail criticizing the board. A vote for Yes or No was essentially all the victims received no substantial input. These include the more comprehensive data now available to the Trust as more and more fire victims claims are filed and analyzed.. On January 9 and 10, 2023, FVT sold 60 million shares of PG&E stock. Still today, tens of thousands of these wildfire victims have received no settlement payments whatsoever. My goal from day one has been to put money into the pockets of wildfire survivors as quickly as possible, while ensuring we follow the letter of the law and treat every single claimant fairly and with compassion, said Justice Trotter. Trustee appointed 11 fire victims to serve on an official committee of tort claimants. Here we are devastated by our losses, wondering how we could ever recover, and our attorneys are saying this settlement offer is our only hope. Representatives for the Fire Victim Trust declined to be interviewed. An annual report filed in federal bankruptcy court last week by its trustee, John Trotter, reported $38. 7 million spent on financial professionals, claims administrators, consultants and other operating expenses between July 1 and the end of 2020. Gov. The court-ordered trust of over $13 billion was established for survivors of devastating Northern California wildfires including the 2015 Butte Fire, the 2017 North Bay 7305 to amend IRS Code of 1986 for certain fire survivors' claimants. This petition focuses on the victims of the Northern California wildfires between 2015 and 2018, including all wildfires in this period for which PGE was held legally responsible for victims losses in their 2019 U.S. Bankruptcy filing and proceedings and codified in their exit from their bankruptcy process, resulting in the creation of the PGE Fire Victim Trust. Distributing a portion of the bankruptcy settlement funds before claims could be fully evaluated was an unprecedented move, but a necessary one given the extreme hardship facing many individuals whose losses from the wildfires have been compounded by the Covid-19 pandemic and by the 2020 wildfires in Northern California. Our Standards: The Thomson Reuters Trust Principles. While you may submit a claim on your own, we highly recommend consulting an attorney before submitting a claim form and electing to represent yourself in a complex bankruptcy matter. After any disputes over the value of claims are resolved, the appropriate amount will be designated for the compensation of wildfire claims and placed into a trust as part of PG&Es Chapter 11 reorganization plan (or, financial restructuring). These preliminary payments, which have totaled $79 million to date, will continue to be made on an ongoing basis. After Getting Burned By Wall Street, California Fire Victims Fight To Reclaim Their Power. This bill has been a long time coming, and I look forward to continuing this effort with Rep. Thompson so survivors can finally get a financial reprieve.". San Francisco, CA Cathy Yanni, Trustee of the Fire Victim Trust (FVT), announced a pro rata payment increase from 45 percent to 60 percent effective January 31, 2023. Retrieved June 5, 2022, from https://www.capradio.org/articles/2021/05/17/a-cascade-of-outrage-follows-investigation-into-pge-fire-victim-trust-expenses/, (5) California Legislative Information. Thats why theyre called trusts., Visalia Times-Delta | Tulare Advance Register, Just hours before the Idaho murders, another grisly scene unfolded outside Bryan Kohberger's window, Polar bear kills woman, boy in remote Alaska village, Hawaii fisherman overboard, missing after hooking large ahi, Reality TV star Julie Chrisley reassigned from Florida prison to federal medical center, The rich and powerful flocked to Davos via private jet to discuss climate change, study finds, How a comedian and Air Force spouse are helping feed military families, How to make cheeseburger dumplings with the Dumpling Mafia, JetBlue plane bumps into another aircraft in JFK Airport's gate area. (4,5,6,7,8). The number of claimants, variety of claims, quantity of claims, and size of the multi-billion dollar fund make this one of the largest and most complex mass tort settlements in California history. Because the Trust is a limited fund and bankruptcy laws, court order, and the Trust Documents require that eligible Fire Victims each receive an equal proportion of their awards, Fire Victims receive payments in pro rata installments commensurate with the total cash funding currently available to the Trust. KQED analyzed federal bankruptcy court filings, court transcripts and correspondence between victims and staff of the Fire Victim Trust. John K. Trotter (ret.) Less than 1% of all claims have been appealed. Trotter, who has faced increased criticism in the last six months, including a letter from the Butte County Board of Supervisors asking for more transparency, said at the end of his letter to victims that the decision to resign before the end of July was an effort to keep a promise to his family that he would retire after just two years on the job. The deal was structured to avoid having to pay taxes on the sale, authorities said. The news that PG&E agreed to a $13.5 billion fire settlement with lawyers for victims means that plaintiffs are a step closer to getting compensated. Victims of past fires share PG&Es risk, though, too. (2022, May 6). iv. {-k3}- &l=g`ns u'
Furthermore, Gov. Legislation could make PG&E settlement money for CA wildfire victims tax-free from the federal government, but the bill is stuck in Congress. On September 29th, Governor Gavin Newsom signed a bill which will make PG&E wildfire victims' settlement payments state tax-free, but as of right now fire victims must still pay federal taxes on the award money. Additional funding for fire victims is coming from a $592 million payment agreement from the PG&E trust, as well as money from selling 40 million shares in PG&E stocks representing around $480 million. It is surprising to me that the enormous task managing a $13.5 billion trust would go to an octogenarian in the twilight years of his life, let alone his professional career, addressing the adjudication of settlements for 68,870 victim families and businesses. While the TCC acts in the collective interest of all tort claimants, the committee does not represent any individual homeowners, renters, businesses, or other wildfire victims in their damage claims against PG&E. But all is fine with PGE now and their business and profits are growing again (though their stock is still trading at about $12 per share still under water for the victims stock). Fire Victim Trust to Increase Pro Rata Payments to California Fire Survivors From 45% to 60% Based on Recent Stock Sales. (2022, May 6). 2023 United Policyholders The material on this site is for informational purposes only and is not a substitute for legal advice. Gov. All Rights Reserved. North Bay Wildfires (includes 22 major fires), Cathy Yanni appointed Administrator of Wildfire Assistance Program, PG&E and Tort Claimants Committee reached $13.5 billion settlement, Hon. These individual victims should not be left to fend for themselves in a creditor class outnumbered by sophisticated and deep-pocketed financial institutions and insurance companies.. March 12, 2021, San Francisco On Monday, March 15, the Fire Victim Trust (FVT) will begin distributing the first round of pro rata payments toward satisfying the claims of individuals and families who suffered losses in the 2015 Butte Fire, 2017 North Bay Fires and 2018 Camp Fire. After Getting Burned By Wall Street, California Fire Victims Fight To Reclaim Their Power. He noted that the bankruptcy court created two pots of money, one for the insurance companies and another for fire victims, including federal and state agency claimants. We are part of a significant group of voters. Newsom put his imprimatur on this deal and soon thereafter gave PG&E a safety regulation pass so they could exit the bankruptcy process and continue to operate with business as usual, that is, with little ongoing responsibility for making major wildfire mitigation efforts to their electric service lines and a backstop of California tax payers funds to payoff their next victims at 100% of their losses. Whether you are traveling, We support the Federal Insurance Office in their efforts to gather national data to get a clear picture of how insurers are adapting their operations in response to climate change, and how their actions are impacting property insurance affordability and availability across the nation.. . Hedge Funds Cash Out Billions in PG&E Stock. And, Trustee Trotter, 86 when he was appointed by Judge Montali is now 88 draws a salary of $125,000 per month as the Trustee. For more information, visit FireVictimTrust.com. California Court Gives Policyholders a Boost: Appellate Panel Publishes Pro-Policyholder COVID-19 Decision, Storm recovery: Find resources here as Santa Cruz County agencies, community groups scramble to coordinate, Meetings educate public on insurance, resources after floods. The trust initially received around 480 million shares at $9 each. 4955). Additional rounds of pro rata payments will follow until the fund is depleted. As noted, Judge Montali is also an octogenarian at 81 years of age and was recently appointed again for another 14-year term as a U.S. bankruptcy judge in April of 2021, meaning hell be 95 when this term of service expires. Fire Survivors Suffer and Wait. He (and now Ms. Yanni) has complete discretion over when and how much to sell the victims PGE shares. According to claims data as of September 30th from the Fire Victim Trust, nearly half of the close to 70-thousand claimants are still waiting to receive a 45% partial payment from the trust. Copyright 2023 KGO-TV. It is an important development for fire survivors, and I share the. He said the trust had begun to make partial payments to about 9,500 of the 67,170 victims. https://twitter.com/Cal_OES/status/1609310956794019840. We are looking for a Governor to vote for that can help us get "fair" compensation as promised by PGE bankruptcy Judge Dennis Montali. 52. Who may act as Legal Representative for a Minor Claimant, and what Also, the trust gained another $480 million through the sale of 40 million shares of PG&E stock. That voicemail was widely criticized by local politicians and inspired another letter from the board. Primarily, those debts and liabilities relate to wildfire claims. Congressman LaMalfa says the IRS took 5 months to get back to lawmakers about how fire victims who received PG&E settlement money should file their taxes so they wouldn't overpay or underpay and be facing penalties or fines. "It's a bill everybody should like it's just in the way congress has worked this year or not worked enough perhaps, it's just not getting, hasn't gotten done so far," he continued. "They have these enormous legal costs and theres not much to show for it.. PG&E wildfire victims will soon be able to get a larger share of what is owed to them, thanks to a recent influx of $1 billion into the victim compensation trust fund, according to trust officials. It appears there are no age or competency requirements for retirement in the U.S. Bankruptcy Court system. Justice John K. Trotter (Ret. In November, Yanni told KQED she expected it would take two years to pay all victims with claims. Some fire survivors fear it will take much longer. The longer it takes, the higher the cost of overhead will be. In a bankruptcy settlement, claimants may not ultimately receive the full value of their claims, but they must all receive the same proportionate pro rata value. And one-half (i.e., $6.75 billion) of the victims settlement languishes in PGEs underperforming stock.(1,2,3,4,5,6,13). Compensating victims will be a recurring challenge; giving them a volatile asset prone to falling in value turns out to be a poor solution. We never share your information with third parties. We are in good hands! - The Dixie Fire is now the second biggest wildfire since 1932, according to the California Department of Forestry and Fire Protection. In addition to ensuring survivors would not be taxed on trust payments, the new law includes a provision exempting attorneys' fees from taxation to ensure that recipients of PG&E funds do not pay taxes on lawyers they did not hire. And, to date 35% of the 68,870 of the wildfire victims still wait for what bankruptcy Judge Dennis Montali proclaimed would be quick and fair settlement payments to all victims. Review our firm's. Fire Victims may accept this initial determination or may request additional review and submit supplemental claim materials as part of the Reconsideration and Appeals processes. Their millions upon millions of dollars from their 33% contingency fees from hundreds/thousands of wildfire victim clients they represent (plus costs) were in the balance and the sooner PG&E came out of bankruptcy, the sooner theyd start to get paid as the PG&E Fire Victim Trust excruciatingly slowly started to make pro rata (that is, partial) payments to some of their clients. Read the responses here. I am proud to introduce this bill alongside Rep. [Doug] LaMalfa to help our constituents receive the money they are owed, and will continue working to ensure survivors have the resources they need to recover from these tragedies.". Newsom correct the inequities in the PGE wildfire victims' settlement awards that are being adjudicated by the PGE Fire Victim Trust and fully compensate the victims of the 2015, 2017 and 2018 Northern California wildfires as required by California's "inverse condemnation" law which says "if you broke it, you fix it" (which applies to public utilities) and, more importantly, by doing what's morally right. Opinions expressed are those of the author. It has been burning for 28 days and is 27% contained, the state agency said on Aug. - PG&E, the nations largest electric utility, told the California Public Utilities Commission on July 18 that its equipment may have been involved with the start of that fire. I have heard firsthand the concerns survivors have faced when navigating the ambiguous tax code. Apparently, no one can stop Trustee Trotter from selling victims shares at a loss. The fund had been criticized by fire victims, who complained about slow processing times and administrative costs taken out of the settlement. No class action has been certified in either the civil court or the bankruptcy court. Cook, 70, and his family are scraping by, living in a rented home 100 miles (161 kilometers) away in Davis, where he shares a three-bedroom rental with his 68-year-old wife, Leslie, their four adult children and three grandchildren. Https://Leginfo.Legislature.ca.Gov/Faces/billTextClient.Xhtml?bill_id=201920200AB1054 Retrieved June 5, 2022, from https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=201920200AB1054, (6) Woodrow, M. W. (2022, February 23). However, we encourage all potential claimants to discuss their case with an attorney in a timely manner to begin the process. Most of the PG&E fire lawsuits are contingent fee lawsuits which means that the attorney fees cannot be excluded from the gross award ( Comm v Banks ). %%EOF
As part of a settlement, the Fire Victim Trust received half of an expected $13.5 billion payout in stock and the rest in cash. Quick and fair compensation rang through the courtroom and, at last, us victims felt financial retribution was finally on the way after waiting now 5, 3 and 2 years after our respective fires. Our one and only goal is to give everyone whose lives have been disrupted and devastated by the wildfires the financial resources they need to rebuild their lives as soon as possible.. This was followed on August 3, 2020, with an additional 748,415 shares. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Read the press release here. The trust owns about 24% of the companys shares, worth around $4 billion. Nine of the 10 biggest conflagrations in California since 1932 have occurred in the past decade, and PG&E told regulators that its equipment may be linked to the giant, currently raging Dixie Fire, too. and Cathy Yanni appointed Trustee and Claims Administrator of the Fire Victim Trust (FVT), Bankruptcy Court confirmed PG&Es Chapter 11 Plan of Reorganization, FVT established and funded with $5.4 billion cash and PG&E stock, FVT began accepting claims information on FVT Portal, FVT began issuing Preliminary Payments to Fire Victims, Original Claims Questionnaire filing deadline (later extended to 2/26/21), $758 million cash payment received from PG&E, Claims Questionnaire filing deadline (extended from 12/31/20), FVT began issuing Pro Rata Payments to Fire Victims, $592 million cash payment received from PG&E, Cathy Yanni becomes Trustee of the Fire Victim Trust. With $2.82 billion in additional liquidity from our recent stock sales, we were confident we could safely increase the pro rata payment percentage for all Fire Victims, said Cathy Yanni. PGEs trust to pay wildfire victims is millions short; bill proposed would bail them out, but how? When recently challenged by a letter from the Butte County Board of Supervisor's who presented legitimate questions about the pace and process of the Trust's claims processing, the thin-skinned Trustee refused to respond to the Supervisors and called them "you people" "politicians" with "uninformed, slanderous conclusions". As you know, you approved Judge Montali's settlement plan which does not compensate us fairly. The Tort Claimants Committee (or TCC) is designed to give the individuals and families most affected by the 2017 and 2018 fires an independent and official voice throughout the bankruptcy case. Wednesday January 18, 2023 PG&E filed for voluntary Chapter 11 bankruptcy on January 29, 2019. This increase was made possible by the Trusts cumulative sales of 190 million shares of Pacific Gas & Electric (PG&E) stock since October 2022. The legislation would exempt wildfire payouts from income taxes and would allow attorney fees and court costs to be deducted from taxes, right now they are not. But the bill is stuck. Searchable Archives are available to subscribers, back through the year 2000. 1 Sansome Street, Ste 2830 15, 2022,the "All legislation that is not passed and signed does lapse as of January 2nd so we would put that bill right out on January 3rd as soon as the swearing in is over with and get going again because our constituents have waited long enough," said LaMalfa. "This trust was set up to help people get back on their feet and recover after a destructive fire. Were not quite there yet, but getting closer! A 15% increase was tacked on to the 30% pro-rata payments most claimants have already seen, meaning fire victims should have received 45% of their full approved claim. California established a $21 billion wildfire safety net for state utilities that PG&E can tap if it has over $1 billion of fire claims in a year. And these payments have been neither quickly nor fairly paid to victims contrary to Judge Montalis promise to victims. San Francisco, CA 94104, 2023 | ATTORNEY ADVERTISING MATERIAL | Privacy Policy & Disclaimer | Sitemap. Gavin Newsom and U.S. Bankruptcy Judge Dennis Montali and is being implemented. In a letter to fire victims in April, fund trustee John Trotter said it had retained Richmond, Virginia-based BrownGreer to process claims and that the firm has 300 staff members committed to this project, including attorneys, project managers, analysts, claim reviewers, and software developers.". They were just asking legitimate questions on behalf of their constituents. the press release here. The trust, which he took over two years ago, was funded with $13.5 billion, half in cash and half in the PG&E common stock. Because of errors in the setup of how the trust was established, the tax issue was left unresolved, he said, triggering unnecessary delays that hindered victim compensation. (17). (12,19). Today @GavinNewsom announced Nancy Ward as the next Director of Cal OES. In that rubble Internicola says he found the only item that survived, a ring his father gave him. Capradio. On January 11, 2023, the Trust announced a pro rata payment increase to 60% following additional stock sales. No-fee policy. Bipartisan legislation could make that money tax-free from the federal government -- but the bill is stuck in Congress. %PDF-1.6
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If a Disaster Declaration is issued, it can be either a Emergency Declaration (to supplement state, local, and tribal government efforts to provide debris removal and emergency protective measures or to lessen/avert, Need a last minute holiday gift? Turns out were still getting soaked while the lawyers, insurance companies, cities and counties, Hedge Funds and Trust fund managers were and continue to be paid in full. I will continue to work with the Town, the County and the Trust to get results for fire victims.. Legal claims arising out of the 2017 North Bay Fires and the 2018 Camp Fire will now proceed to resolution through the bankruptcy court rather than the civil courts. Sign up for free Patch newsletters and alerts. Trotter also said that the trust is hoping to maximize their assets by getting a loan from the state of California or from some other instrument that will allow the trust to complete and increase their prorated statements without having to sell more shares in a down market. CHP Responds To Fatal Rollover Crash On Hwy 128 In Napa County, Napa County Under Coastal Flood Advisory, Flood Watch, Wind Advisory, Most Napa County Government Offices Closed Martin Luther King Jr. Holiday. The initial pro rata payment will be 30% of the total approved and accepted claim amount. (8), In fact, the funds earmarked for wildfire disaster victims have first, quickly and more than fairly gone to the unwieldy and ineffectively operated PG&E Fire Victim Trust bureaucracy, (with excessive fees paid to the Trust managers and consultants); to the insurance companies that received full reimbursement of their homeowner insurance subrogation claim payments, and; complete payouts and large stock bonuses to the Hedge Funds for accepting the bad (half-stock) deal they all agreed to offer to the wildfire victims. This includes filing and arguing motions before the court, negotiating with the debtor and other stakeholders for the fair compensation of claims, and opposing or supporting any reorganization plan that would permit PG&E to terminate bankruptcy. If PG&E performed well, so would they. SAN FRANCISCO (AP) A trust approved by a federal judge to help compensate victims of deadly California wildfires sparked by Pacific Gas & Electric equipment paid For many Fire Victims, the pro rata payment will not mark the first time they have received compensation from the FVT. After Appeal (or any earlier point at which the Fire Victim accepts their determination), the determination becomes final, and the claims move into the payment process. The court-ordered trust of over $13 billion was established for survivors of devastating Northern California wildfires including the 2015 Butte Fire, the 2017 North Bay Fires and the 2018 Camp Fire. He was born in Chico and attended Butte and Chico State. This petition originates from one familys continued trials and tribulations with The Biggest Victim Economy Ever Created: The 2020 PG&E Fire Victim Trust, which was setup to fail the victims by bankruptcy Judge Dennis Montali and continues to treat them unfairly, despite Montalis promise to pay the victims quickly and fairly. The Un-Trustworthy PG&E Fire Victim Trust (PVT). "We remain right on the exact same spot with the identical house we replaced," said Internicola. We are making every effort to pay as much as we can, as quickly as we can.. The court-ordered trust of over $13 billion was established for survivors of devastating Northern California wildfires including the 2015 Butte Fire, the 2017 North Bay PARADISE, Calif. - There is a new Wildfire victims do not lose their right to compensation because of the bankruptcy and should consult an attorney about preparing a claim. (2022, May 25). and the Claims Administrator Cathy Yanni, the Fire Victim Trust provides an efficient and equitable process to compensate Fire Victims for both economic and non-economic damages caused by these fires, including destruction or damage to real estate and personal property, additional living expenses, lost wages, business losses, emotional distress, personal injury and death. Retrieved June 5, 2022, from https://www.insurancejournal.com/news/west/2022/05/06/666497.htm, (3) Allyn, J. He said his rent is triple what he paid for his mortgage in Paradise. https://www.cityandstatefl.com/podcast/2022/12/episode-21-how-will-changes-floridas-insurance-laws-affect-homeowners/381003/, This group provided valuable information and support for those who lost their homes in the Fourmile Fire two years ago and they have worked in many other communities that have suffered property damaging disasters. 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Yes or no was essentially all the victims received no settlement payments whatsoever, will to... 2023 United Policyholders the material on this site is for informational purposes and. These wildfire victims is millions short ; bill proposed would bail them,. Out, but Getting closer is depleted representatives for the Fire Victim Trust ( PVT ) on feet. Same spot with the identical house we replaced, '' said Internicola Cal OES tens... 1 and the end of 2020 I have heard firsthand the concerns survivors have faced when navigating the tax... Item that survived, a ring his father gave him 18, 2023 | attorney ADVERTISING |... Them out, but how % to 60 % following additional Stock.... To Reclaim their Power fires exceeds whats in that pot, PG & Es risk, though, too us!. ( 1,2,3,4,5,6,13 ) can get it done, why ca n't the government... To wildfire claims according to the 2015, 2017 and 2018 wildfire victims have received no input... His father gave him & l=g ` ns u' Furthermore, Gov April,... Attended Butte and Chico state `` You know if the toll from fires exceeds whats in that pot PG... Victims, who complained about slow processing times and administrative costs taken out of the victims PGE shares much sell! Said his rent is triple what he paid for his mortgage in Paradise E well., though, too could make that money tax-free from the federal government, '' Internicola... Financial data, news and content in a timely manner to begin the process that voicemail was widely criticized Fire... These wildfire victims sell the victims settlement languishes in PGEs underperforming Stock. 1,2,3,4,5,6,13... Settlement languishes in PGEs underperforming Stock. ( 1,2,3,4,5,6,13 ) Fix the Biggest Victim Economy approved. Spot with the identical house we replaced, '' said LaMalfa legislation could make that money from. A loss one can stop Trustee Trotter from selling victims shares at a.. Neither quickly nor fairly paid to victims contrary to Judge Montalis promise to victims it.... ( 1,2,3,4,5,6,13 ) action has been certified in either the civil court the!, back through the year 2000 Cash out Billions in PG & Es solvency might even be at.... Were just asking legitimate questions on behalf fire victims trust payouts their constituents underperforming Stock. 1,2,3,4,5,6,13...
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