[abeppu]

I think in part this is bc PG&E donates to a bunch of political organizations, office holders and candidates. They don't even spend all that much ... But since there's not a "nationalize the utilities" PAC making comparable donations, PG&E will stick around. A few years ago there were stories about how PG&E had continued to make political contributions while their victims/victims families settlement fund was partly in stock bc supposedly PG&E didn't have enough cash.