Tim Redmond sums up Newsom’s duplicity here.

He quotes Newsom and then opines:

“We will hold them to account,” he says. “We will restructure” the company when it gets out of bankruptcy.

“And then … what?

“How is that “restructuring” going to work if PG&E remains a privately owned utility that sets up its own corporate structure? How are we going to “hold to account” a company when it’s already in total collapse – and Newsom has no plan to address that except to ask Warren Buffett to buy it?

“This is madness.”