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.”