Posts Tagged: auditors

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PUC chief to step down

A devastated zone in San Bruno following the 2010 gas pipeline explosion. (Photo: Brocken Inaglory)

Michael R. Peevey, the beleaguered president of the California Public Utilities Commission who has served under three governors, said Thursday he is stepping down at the end of the year. The move follows turmoil at the powerful regulatory agency that includes state and federal investigations amid complaints that the PUC has been too cozy with Pacific Gas and Electric Co.

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