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California Power Woes Continue.(Pacific Gas and Electric Co., Southern California Edison)(Brief Article)

Government Finance Review

| February 01, 2001 | COPYRIGHT 2001 Government Finance Officers Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

The fallout of the electricity crisis in California broadened in January. Two major utilities defaulted on short-term debt issues of commercial paper, which may have an impact on investors who have purchased these securities (and possibly many public-sector investors in commercial paper). Southern California Edison defaulted on $32 million of commercial paper in ...

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