joining mess join us is, and severin boren stein, ando lore lynch, a former president of the california public utility commission, the state agent taske with regulating. welcome to you all. >>> lisa, letn 'be withu. byonk inevitable, or could a plan prevent that? >> we could see a plan like that. the state could step in, or the administration or al pg & e could decide not to filed, which seems we've also seen shareholder activity in the lastweek. one hedge fund wrote a protest letter, says t bankruptcy is unnecessary. >> loretta, how unlikely is the scenario? pg and e says it has no choice but to do th becau a wildfire liabilities and other liabilities from climate change, wft do you make the company's statement? >> it's absolutely pg & e's strategic choice to perhaps file for bankruptcy in order to leverage the state, the policymakers and get as much money as they can out of the r ratepa pockets. this doesn't need to happen. >> why do you say that? >> pg & e has plenty of money. they're talking about things that haven't been assessed yet, and there's plenty of money to keep the lights