the state could step in, or the administration or also pg & e could decide not to filed,shich seunlikely. 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 mey ashey can out of the ratepayers' pockets. this doesn't need topp . >> why do you say that? >> epg & has plenty of money. they're talking about things that haven'tbeen assessed yet, and there's plenty of money to keep the lights on. this is a strategic corporate choice by a corporation that han proit is out of control. >> what is the role of the california public utilities he commission . you used to be the president. is it possibly to blame, because it is the agency responsible for overseeing the agency? >> absolutely the