The boardroom mandarin class pushes for power

Don’t look now, but a new legislative push to regulate corporations is here — and it’s promising to do much more harm than good.
Nationally, Sen. Elizabeth Warren, D-Massachusetts, is leading the charge, with legislation that would force corporations with over a billion dollars in revenue to obtain a federal charter to operate — and to let employees elect 40 percent of their boards of directors.
And here in California, lawmakers have sent to Gov. Jerry Brown a bill that w