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...sure as Brewster could remember was not sure enough. The committee investigators had been able to trace from beginning to end only one check attributed by Local 174 to its "Special Fund." That check, for $4,000, was signed by Frank Brewster and had been cashed as a part down payment on his Palm Springs house...

Author: /time Magazine | Title: National Affairs: Cash on the Whang Bang | 4/1/1957 | See Source »

...McClellan committee also found that the Teamsters had assigned some $60,000 to an "Unemployment Relief Fund" that did not exist in bank records. But Frank Brewster, who by week's end had admitted that as of Dec. 31, 1956 he owed his union $79,000 and some-odd dollars, was soon being questioned about some of the oddest of those dollars...

Author: /time Magazine | Title: National Affairs: Cash on the Whang Bang | 4/1/1957 | See Source »

...said Brewster, he and Seattle Insurance Man George Newell purchased Los Angeles County property (near the Santa Anita race track) for $6,050 each, soon sold it for $12,500 each and pooled the money to start the Breel Racing Stables. After that, Newell furnished almost everything that was spent for the upkeep of the stables. He also paid Brewster $5,000 a year. Brewster earned the $5,000, as he himself told the story, for getting up at 4:30 a.m. to see "what horses needed to be walked...

Author: /time Magazine | Title: National Affairs: Cash on the Whang Bang | 4/1/1957 | See Source »

...When the Brewster-Newell horse partnership broke up in 1955, Newell, who had put in most of the money, emerged with a $40,000 loss. Brewster, who insisted that sometimes he really walked the horses, somehow came out with a $44,000 profit. The Brewster-Newell accounts still have not been finally settled because of an argument about the disposition of a mare named Whang Bang. Asked Committee Chairman John McClellan: "Is this a kind of whang-bang transaction?" Replied Frank Brewster: "She was a whang-bang mare. She won 40,000-some dollars...

Author: /time Magazine | Title: National Affairs: Cash on the Whang Bang | 4/1/1957 | See Source »

...however, argued that Insurance Man Newell had been much whang-banged in his dealings with Brewster. Reason: the Teamsters' Western Conference, under Frank Brewster, had made Newell the broker and consultant for its health and welfare fund. The annual profit to Newell...

Author: /time Magazine | Title: National Affairs: Cash on the Whang Bang | 4/1/1957 | See Source »

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