BBS:      TELESC.NET.BR
Assunto:  Re: MS AI Chief: AI will
De:       Mike Powell
Data:     Fri, 27 Feb 2026 10:46:04 -0500
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>  MP> Living in California, Kurt probably knows several good examples
>  MP> regarding Pacific Gas and Electric (PGE).

>  Make stupid deals with Enron.
>  Enron manipulates the market, stupid deals bite PG&E in the ass.
>  PG&E transfers billions to PGE Corp, then files for bankrupcy.
>  Later, in better economic times, buy back the stock to raise prices.
>  Don't spend money on infrastructure maintenance.
>  Fires caused by faulty infrastructure causes millions in damages.
>  Petition the PUC to raise prices to pay for PR ad campaigns and
>  deferred maintenance (which should have been done instead of buying
>  back stock)
>  Encourage electric vehicles and solar buyback programs.
>  Increase EV rates and hamstring residential solar buyback rates.

I knew I could count on you to fill in many details.  I live in Kentucky,
far from California, but even I know there are stories to tell about them,
so you know it cannot be good.  ;)

Mike


 * SLMR 2.1a * Ever notice we park in driveways and drive on parkways?
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 * Origin: Capitol City Online (1:2320/105)

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