OnePercenter
Gold Member
- Apr 10, 2013
- 23,667
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CA will takeover PG&E just as Socialist try to do every other time they come to power. Convincing themselves that greed and capitalism are the problem, within 5 years CA at night will most closely resemble North Korea
No. If the money is right, Berkshire/Hathaway will buy PG&E.
Buffett is too smart to put assets where California politicians can seize them on a whim.
He'll politely say, Fuck No!
Berkshire Hathaway Energy owns CalEnergy as well as Nevada Power which abuts PG&E which makes the buy flow through. If the money is right it's a done deal.