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...After fending off challenges to win re-election in 1994 and 1996, Harman declined to run for another Congressional term in 1998, instead launching a bid to become governor of California. She lost the Democratic primary to Gray Davis, and taught at UCLA before winning election to her old Congressional seat...

Author: /time Magazine | Title: California Rep. Jane Harman | 4/22/2009 | See Source »

...best Republican in the Democratic Party." -Referring to herself, in a gaffe committed during her ill-fated 1998 gubernatorial bid. (Los Angeles Times, March...

Author: /time Magazine | Title: California Rep. Jane Harman | 4/22/2009 | See Source »

China plans to compress the decades that Japanese companies needed to build large branded auto firms. It plans to complete the process in a year or two by simply acquiring existing, well-known brands. There is no reason that a Chinese car firm cannot use government money to bid for Chrysler's assets if it is forced into bankruptcy. In France, Citroen and Peugeot are facing financial problems that could get much worse if car sales remain anemic. GM's (GM) Opel unit in Europe needs immediate capital and may be sold at a loss for the No.1...

Author: /time Magazine | Title: China Takes On the Global Car Business | 4/20/2009 | See Source »

...these unanswered questions, the vote of confidence given to the IMF partly reflects its performance over the past few months under Strauss-Kahn, a former French finance minister who made an unsuccessful bid for the French presidency before being appointed to the job. Since the U.S. investment bank Lehman Brothers collapsed in September 2008, the IMF has lifted its game and put together rescue packages totaling more than $50 billion for Hungary, Iceland, Latvia, Ukraine and other financially overstretched countries...

Author: /time Magazine | Title: International Monetary Fund 2.0 | 4/20/2009 | See Source »

...strikes up a conversation with the cashier, a young man he recognizes.“It’s good to see you working,” he says, “This job looks good on you.”During the 2007 election, Ward lost a bid for a council seat. But following the February resignation of Vice Mayor Brian P. Murphy ’86-’87, Ward was appointed to the Council in a special recount, becoming the nine-person body’s third black member.Trained as a guidance counselor and having more...

Author: By Danella H. Debel and Sarah J. Howland, CRIMSON STAFF WRITERSS | Title: New Councillor Seeks Own Niche | 4/19/2009 | See Source »

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