As discussed here, PG&E, after being found liable for the 2015 Butte fire, agreed to pay certain victims settlements so that they could begin repair of their homes.  Those payments were due yesterday.  But instead of making the payments, PG&E reneged, stating that it needed cash for “operational integrity and safe delivery of natural gas and electricity.” Apparently, that’s PG&E code for “management raises.”

From PG&E filing of today with the SEC:

PG&E has money for management raises, but not for wildfire victims