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It would be helpful if the headline had the article's date (2009) in parentheses.
I guess it's safe to say the bet didn't pay off.
> PG&E in recent years has transformed itself under CEO Peter Darbee from a stodgy government-regulated utility Northern Californians love to hate into one of the most environmentally progressive members of the Fortune 500.

This is the same PG&E whose chronically unmaintained power lines have been sparking the worst forest fires in California for the past few years.