Phil Angelides, 40, a Sacramento, Calif., developer; became one of the state's most visible Democrats in 1991 when he was elected chairman of the California Democratic Party, a position he held until April 1993.

That year he announced a bid for lieutenant governor; but changed his mind when state Controller Gray Davis, a fellow Democrat, said he too would try for the post. In January, Angelides announced his entry into the race for treasurer.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.