As in banking, too big to fail means failure for utilities.

Posted on: May 9th, 2014 by rgadmin

The largest public bankruptcy, the largest private equity buyout funny how those two usually don’t go together.

This is perhaps a tale of how “fracking” and perhaps how a viewpoint that natural gas would continue to increase above the rate of inflation; both were shortsighted.

Read the whole New York Times article, Big Texas Utility Files for Bankruptcy

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