In PG&E's world in context of this comment thread. Dividends are any payout amount that was not captured in the regulatory framework. Salary is a captured expense. Bonuses are paid from a pool when a surplus is created, or rather a profit is made, or more bluntly when dividends are earned.
Legally, you're correct. PG&E has been operating counter to those rules for a while.
You have to know the context. The bonuses weren't to the PG&E workers that maintained the lines. The bonuses were to the higher managers who made the "clever" cost-cutting decisions.
allannienhuis|6 years ago
uxp|6 years ago
Legally, you're correct. PG&E has been operating counter to those rules for a while.
http://investor.pgecorp.com/news-events/press-releases/press...
https://www.kqed.org/news/11737336/judge-pge-paid-out-stock-...
shortandsweet|6 years ago
joe_the_user|6 years ago