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Some donors are angry about the mismanagement that led to the fund-raising scandal; others are skittish about the scrutiny any large gift will now receive. Democratic co-chairman Steven Grossman contends that contributors are responding to his pitch about investing in the party's grass roots and that the debt "is absolutely manageable," but for now the D.N.C. must resort to the tricks of the overextended. Payments to vendors are late; some donors to last week's gala were asked to send their checks overnight to help the party make its payroll...

Author: /time Magazine | Title: A DEFICIT OF THEIR VERY OWN | 5/12/1997 | See Source »

Fortunately for him, he had a lot of those. A major Democratic Party fund raiser, who with his father gave $195,000 in 1992-94, Opperman enjoyed a decades-old friendship with Al Gore and served as campaign-finance co-chairman for California Senator Dianne Feinstein in 1994. At a Democratic fund raiser that fall, Opperman took the opportunity to collar Bill Clinton and, as Democratic officials told TIME, asked him point-blank, "Can you get the Justice Department off my back?" Opperman recalls seeing Clinton but denies asking for a favor. He remembers how agitated...

Author: /time Magazine | Title: THE CHEERFUL GIVER | 4/21/1997 | See Source »

Modernization turned out to be a digital Tower of Babel. Treasury Deputy Secretary Lawrence Summers, charged with looking after the IRS, says, "I think modernization has gone way off track. They tried to build the Taj Mahal." Senator Bob Kerrey, co-chairman of the restructuring commission, describes tax modernization as a failure. Says Kerrey: "While the world has moved into the wireless age with home banking, atms on every corner and stock investing over the Internet, IRS technology has remained stagnant...

Author: /time Magazine | Title: AN OVERTAXED IRS | 4/7/1997 | See Source »

Your basic movie-mogul breakfast menu would include strawberries, decaf, a splash of Evian, maybe a Diet Coke. But Harvey Weinstein has never got with fit-for-life cuisine. One morning at the recent Sundance Film Festival, the co-chairman of Miramax Films eagerly devoured a greasy omelette (the secret ingredient: cholesterol) while schmoozing with a reporter about art, movies and life in general. It's been said that a family of four could subsist for a month on the crumbs that stick to Weinstein's shirt. That family may soon need to find other means of dietary support...

Author: /time Magazine | Title: CINEMA: INDEPENDENTS' DAY | 2/24/1997 | See Source »

...party, nearly $1 million more than previously reported. How much Trie raised still isn't known, but the documents show that from one dinner alone, he raised $100,000. He was so successful that Fowler wrote Trie to thank him, noting approvingly that he had been named a co-chairman of a special Asian-American fund-raising-event. Fowler urged Trie to ask for help "if there is anything...

Author: /time Magazine | Title: A FRIEND IN NEED | 12/30/1996 | See Source »

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