This sounds similar to the scheme that sunk Insurance Commish Chuck Quackenbush a few years back.
This sounds so familiar.
In commentary I read yesterday or the day before, it was speculated that the reason Arnold appointed the La Raza socialist, Joe Nunez, to the board was to grease the skids to get CFR globalist Alan Bersin confirmed. I wish I could remember the source. The bottom line was that Bersin wasn't worth the trade-off. Now, he may end up without Bersin and be stuck with Union thug Nunez anyway. Another opportunity lost--or two!.