If you're an executive who doesn't feel like making tough decisions about corporate priorities — like PG&E's potential climate liabilities or Citgo's Venezuela ties — there's always an alternative: file for bankruptcy.
My thought bubble: These problems are not what America's bankruptcy regime was designed to solve. Bankruptcy is messy and expensive; what's more, judges don't tend to make great corporate executives. But it's easy to see why an executive holding a hot potato might be tempted to pass it on to someone — anyone — else.