Topic: Jerry Brown

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Facebook IPO: Six key dates in its debacle

Facebook's first week as a publicly traded company will go down as a terribly botched corporate launch, perhaps one of the worst in recent history for such a highly visible entity. Eight days ago, it was the tech world's most highly anticipated initial public offering in eight years. Now, the social media company faces mounting legal woes and serves as an embarrassing example of how not to run an IPO. Despite rising insider pessimism about its growth prospects, Facebook kept boosting its asking price and the number of shares it would sell. The result: billions of dollars in losses; investigations by two congressional committees, the Securities and Exchange Commission (SEC), an industry watchdog, and the state of Massachusetts; at least 13 class-action lawsuits; and thousands of resentful shareholders who days later still were unsure how many Facebook shares they had or at what price. Here are six key dates in Facebook's unfolding IPO disaster.
In Pictures: Taking office 2011
Jerry Brown's California: Five big changes from 1975 to 2011
In Pictures: Jerry Brown through the years
Gallery: Election day 2010

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Jerry Brown as California governor, Act 2: Can he save the state?

Jerry Brown may be mellower and more experienced than when he first served as governor in 1975. Now he faces big challenges given California’s more diverse population and flagging economy.
Debt at every turn: New governors attack state debt

The day of reckoning is arriving for indebted states and localities.
Jerry Brown gives California lawmakers budget warning: brace yourself

Gov.-elect Jerry Brown serves notice that he is serious about addressing California's chronic budget crisis, gathering state lawmakers to impress upon them the depth of the problem.
Prop. 8: judges express doubts about California gay marriage ban

Supporters of Prop. 8, the California gay marriage ban, face tough questioning in hearing before an appeals court. They are seeking a reversal of a federal judge's ruling against Prop. 8.
For California Republicans, was Election 2010 debacle a wakeup call?

No Republicans were elected to statewide office in California despite strong gains for Republicans elsewhere. One reason: Republicans ran afoul of the Latino vote in Election 2010.
Meg Whitman settles for $5,500 with former housekeeper

Meg Whitman and her husband Dr. Griffith Harsh IV did not admit any wrongdoing while agreeing to the settlement at a two-hour closed meeting at the California Division of Labor Standards Enforcement.
A modest proposal to balance California's budget

California's financial straits need radical solutions. How about these?
You can't buy love. Usually not elections, either.

The midterm elections were the latest reminder that wealthy candidates who pour their millions into their own campaigns frequently don't win. Why is that?
Big perk for GOP in state election wins: more power in redistricting

Redistricting occurs once each decade, following the US Census, and the party in power at the state level can make it more likely that its own candidates win seats. More states are switching to GOP control after the elections.
In Pictures: Jerry Brown through the years
Governor election results: At least 10 states flip Republican

The issues that mattered most to voters, including sluggish economic growth and the high unemployment rate, figured prominently in the governor election results.
Meg Whitman concedes defeat, asks supporters to unite

Meg Whitman spent a record $142 million of her personal fortune on her campaign, but it was not enough to overcome Democrat Jerry Brown, the 72-year-old state attorney general who was governor from 1975-1983.
After GOP landslide of Election 2010, what next for Obama?

Election 2010 voters sent a strong message of discontent to President Obama on the economy. They also handed him a big political challenge: work toward greater bipartisanship.
California backs Jerry Brown, Barbara Boxer to reject rolling GOP tide

California voters gave Democrats Jerry Brown and Barbara Boxer seats in Sacramento and the US Senate Tuesday, rejecting the inexperience – and the money – of Meg Whitman and Carly Fiorina.
Gallery: Election day 2010
Top 10 mistakes of Election 2010

We all make mistakes. But in the world of politics, it’s an art form. Sometimes they’re game-changers, or at least make the possibility of catching the front-runner more difficult. Some are Hail Mary passes gone terribly wrong. Not everyone will agree that everything here was a mistake. So without further ado, here’s our list of favorites from Election 2010, in no particular order, and focused on mistakes that could affect the outcome of a race. They’re mostly from Senate and governors’ races. We’re sure House candidates made plenty of mistakes, too, but most didn’t get national news coverage.
Gallery: Election Photos of the Week 10/25 - 11/01
How Meg Whitman dropped 10 points behind Jerry Brown

Meg Whitman, the Republican nominee for California governor, has been hurt by an undocumented housekeeper scandal, political inexperience, and perhaps even her own attack ads.
10 races to watch
Meg Whitman declines Jerry Brown challenge to stop negative ads

At a women's conference, moderator Matt Lauer challenges California's gubernatorial candidates to stop negative ads. Jerry Brown said he would if Meg Whitman did. Whitman skirted the issue.
Is Meg Whitman putting herself down in California governor ad?

The latest polls have Meg Whitman trailing Jerry Brown by some 13 percentage points in the California governor's race. She may feel she needs to do something to shake things up.
Gallery: Election Photos of the Week 10/17 - 10/24
Meg Whitman lags behind Jerry Brown in Calif. governor race

Meg Whitman trails Jerry Brown in a new poll of likely California voters. The episode involving her illegal Mexican housekeeper is hurting her, especially among Latino voters.
Obama rallies voters for Senate leader Harry Reid in key race

Senate majority leader Harry Reid has become the focus of the GOP's plan to take over the Senate, but will Obama's show of support help Reid beat his ultraconservative tea party opponent in this close race?
Measure to legalize marijuana trails in California, if polls are right

California's Proposition 19, which would legalize marijuana use for adults, is trailing 51 percent to 39 percent, a poll released Friday shows. But some say polling on this issue may be problematic.