Subject: Re: PG&E Can't Make Next PX Payment
From: [email-masked]
To: [email-masked]
Cc: [email-masked], [email-masked], [email-masked], [email-masked], [email-masked], [email-masked], [email-masked], [email-masked], [email-masked]
Date: Thu, 11 Jan 2001 02:05:00 -0800 (PST)

PG&E is saying publicly (and the news is reporting) that PG&E has $500 
million in cash, and it's payables are $583 M.

	"Ronald Carroll" <[email-masked]>
	01/11/2001 09:05 AM
		 
		 To: <[email-masked]>, <[email-masked]>, <[email-masked]>, 
<[email-masked]>, <[email-masked]>, <[email-masked]>, 
<[email-masked]>, <[email-masked]>, <[email-masked]>
		 cc: 
		 Subject: PG&E Can't Make Next PX Payment

I have been informed that PG&E announced at the CPUC hearing yesterday that 
it will not be able to make its next payment to the PX.  It owes $500+ 
million.