EIX is responsible for burning down an entire neighborhood

Posted: Jan 13, 2025

  • Southern California Edison (EIX) potentially responsible for Eaton Canyon Fire
  • Historic winds in Los Angeles caused fires
  • PCG settlement for Camp Fire cost $13.5B, bankrupted PCG
  • Predicting similar settlement for Edison
  • Predicting stock price drop to around $38
  • Tragedy exploited for profit, companies prioritize profits over safety
  • No corporate responsibility or punishment for companies neglecting safety




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