Back of January 12th I wrote:
“Power remained on in the high-risk area. SoCal Edison is going to be hurting big time. LDDWP has the city to back it up; I doubt Los Angeles will declare bankruptcy.”
Later on January 14th I wrote:
“My bias is that downed power lines were the cause of most of these LA fires, so perhaps it is showing. The Eaton Canyon fire case for power lines seems pretty strong.”
Later that day you asked:
“Right but if they didn’t start the fire why are we even talking about them?”
To which I replied:
“We are talking about them because downed power lines caused at least some of the wildfires. SoCal Edison will probably have to declare bankruptcy.”
DB2