Inside Larry Elder’s Bad Bets: How The Candidate For California Governor Lost One House And Nearly Lost Another

<p>Larry Elder, the leading Republican challenger in California’s gubernatorial recall election, has made his living preaching fiscal responsibility. Meanwhile, little is known about Elder’s own finances—which he has managed to keep hidden. Property records reviewed by <em>Forbes </em>suggest that, on at least two occasions, Elder has succumbed to the same sort of financial mismanagement he derides.</p>