Dan Margalit Eliora, Margalit married Dana, a lecturer at Ariel University. In 1977, while serving as Washington correspondent of "Haaretz", he revealed that Leah Rabin, wife of prime minister Yitzhak Rabin, had a United States bank account, illegal in Israel at the time. The story, known as the Dollar Account affair, led to Rabin's resignation and the nomination of Shimon Peres as the Alignment's candidate for prime minister. In 1992 he was appointed editor of "Maariv" by publisher Ofer Nimrodi, but he resigned six months later. In June 2007, Margalit began to write for "Israel HaYom", a new free daily newspaper in
Yitzhak Rabin with the PLO. From 1990 to 1992, Rabin again served as a Knesset member and sat on the Foreign Affairs and Defense Committee. In 1992 Rabin was elected as chairman of the Labor Party, winning against Shimon Peres. In the elections that year his party, strongly focusing on the popularity of its leader, managed to win a clear victory over the Likud of incumbent Prime Minister Yitzhak Shamir. However, the left-wing bloc in the Knesset only won an overall narrow majority, facilitated by the disqualification of small nationalist parties that did not manage to pass the electoral threshold. Rabin formed