January 20, 2019

PG&E's bankruptcy in 2001 and the one to come are at once similar and very different. But we did learn lessons the hard way in 2000 and 2001. Having lived through the last bankruptcy, my suggestion to policymakers is to slow down and conduct a thorough analysis to fully understand the nature of the problem.

San Francisco automatically sets up college savings accounts for every kindergartner in its public schools. If Governor Gavin Newsom gets his way, the model could soon roll out to other cities across California.

A strike by Los Angeles Unified School District teachers and Pacific Gas and Electric's announced intention to declare bankruptcy are symptoms of a larger malady of arrogance and irresponsibility by large institutions.