Meg Whitman rules out 2012 Senate bid

◼ Meg Whitman rules out 2012 Senate bid

Ms. Whitman, who was CEO of the online-auction company for a decade until 2008, said that she likely will campaign for Republican Mitt Romney in the next presidential race. She also said she will continue to serve on the boards of several organizations, including the Stanford Institute for Economic Policy Research, which hosted a conference Friday where she moderated a panel discussion on the nation’s long-term fiscal outlook.

During that panel, Ms. Whitman said that she thinks the country’s fiscal situation is going to get worse before it gets better. She predicted there won’t be enough political will to make structural change until Americans more acutely feel the negative consequences of the country’s fiscal woes.