Iconic hedge-fund billionaire Seth Klarman could have lost nearly $300 million on an ill-timed bet on PG&E (PCG)

2:11pm PST - January 7th, 2019    pg&e - Business Insider

Iconic hedge-fund billionaire Seth Klarman's Baupost Group loaded up on 14,479,790 shares of PG&E, California's biggest utility provider, in the third quarter. The utility has been under pressure, sliding 60% since November, as it may be responsible for the d…