PG&E seizure: Real threat or a bluff?

Scott Wiener must be a glutton for punishment.
Just last week, the Democratic state senator from San Francisco failed, after repeated attempts and many revisions, to win Senate approval of his ambitious bill to force local communities to accept more multi-family housing.
Four days later, Wiener took on another, equally daunting issue by introducing legislation for a state takeover of bankrupt Pacific Gas & Electric Co. and its transformation into the “Northern California Energy Utility