What happens if PG&E goes bankrupt?
The century-old PG&E—which employs 20,000 workers and is slated to play an integral role in California’s clean energy future—also has a checkered history and little goodwill to spare with the public. On Thursday, the PUC launched an investigation into the utility’s safety record and corporate structure, as Bay Area residents shouted, protested and urged commissioners not to give them a bailout.