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...Whitney got sent to jail not for any of the shady speculative devices he sanctioned as President of the Exchange during the early thirties, which may have ruined nearly as many small investors as the Great Crash itself, but for stealing money from the New York Yacht Club. The closed circle of the financial elite were willing to forgive Whitney almost anything but stealing from the Yacht Club meant Sing Sing and an end to his membership on Harvard's Ec department Visiting Committee...

Author: NO WRITER ATTRIBUTED | Title: Richard Whitney 1888-1974 | 12/13/1974 | See Source »

...fourth straight race against Australia's Southern Cross by an almost embarrassingly wide margin of 7 min. 19 sec. That ended the best-of-seven America's Cup series and ensured that the old mug would remain bolted to its table in the New York Yacht Club, which has held it for 123 years. All that Courageous Skipper Ted Hood and his eleven-man crew got for their troubles was a few postrace swallows of champagne and a dunking in the soupy waters of Newport harbor. Undaunted, Alan Bond, the Australian real estate operator who had sunk...

Author: /time Magazine | Title: People, Sep. 30, 1974 | 9/30/1974 | See Source »

...showdown worthy of "High Noon," with Bond's 12-meter yacht Southern Cross rated as the best shot in the history of the event to wrest the awkward Silver trophy from its secure position in the headquarters of the New York Yacht Club in Manhattan. Twenty-one other challengers had tried before to take the cup home, but none had succeeded. THIS, the pundits predicted, was to be the year that the United States could lose, and the Cross would be the boat...

Author: By William E. Stedman jr., | Title: 1974 America's Cup Challenge: Bond Bombs in Newport | 9/24/1974 | See Source »

...Well, you took it in four straight," one interested onlooker exclaimed to a syndicate contributer who was wearing the green pants and green pin, with the winning yacht's number 26 emblazoned in gold...

Author: By William E. Stedman jr., | Title: 1974 America's Cup Challenge: Bond Bombs in Newport | 9/24/1974 | See Source »

...want to see for yourself, the Chappaquiddick Bridge still stands, though splintered by souvenir hunters. And if Society is your society, there's a staid yacht club, host to 51 regattas so far and an appropriate number of regatta balls...

Author: By Tom Lee, | Title: No Man Is a Vineyard | 9/18/1974 | See Source »

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