"The current system is why PG&E has literally blown up neighborhoods and burnt down a city, but the investors only got a slap on the wrist."
This is such a strange comment to me. "Investors" use electricity, live in neighborhoods in California, etc. Why would they want to destroy that stuff? Or are you saying that investors that live far away and have a fraction of a percent of their money invested in PG&E through a mutual fund have the desire or the ability to cause PG&E to do bad things? Assuming they do, how do you envision a diversified investor be punished, even if you took away the whole thing?
This is such a strange comment to me. "Investors" use electricity, live in neighborhoods in California, etc. Why would they want to destroy that stuff? Or are you saying that investors that live far away and have a fraction of a percent of their money invested in PG&E through a mutual fund have the desire or the ability to cause PG&E to do bad things? Assuming they do, how do you envision a diversified investor be punished, even if you took away the whole thing?