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P.G. And E. Banruptcy Saga Continues

A federal judge is allowing Pacific Gas and Electric Company to continue as the sole designer of a plan to emerge from its 13.2 billion dollar bankruptcy. But U.S. Bankruptcy Judge Dennis Montali is also giving state power regulators nearly a month to show him they can develop an alternative.

This post was last modified on 01/31/2009 5:30 pm