http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2001/01/16/MN184364.DTL
describes one of the more interesting side notes in all of this, how PG & E's
corporate restructuring allows them to retain profits. Among the many comical
notes is that about half of the debt PG & E owes is to itself.
regards,
Ted Hardie