“Buffett verbally saying the word “bankruptcy” indicates Berkshire will contemplate giving the keys to the suit holders and the State of Oregon. As a Berkshire shareholder I am in favor of management giving the “keys” to those parties if necessary.”

Totally agree! Very glad Warren “hit them between the eyes” They know Warren will certainly back it up when he said simply “we’re not going to throw good money after bad” and risk the subsidiary “going broke” and trusting shareholders having a “zero” ROE with the increased risks/wildfires from climate change.

No team it seems would have more relationships & influence/clout than Buffett & Abel appeal to the authorities. If they are sensible, they will continue to listen attentively and do what’s best for the public & what is fair and appropriate for BHE. A transition from private to public enterprise would be painful and more costly.

Berkshire Hathaway FAQ

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