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...barrage of civil suits and a criminal investigation, Trippet sold $130 million worth of subscriptions in oil-drilling funds. Trippet denies charges that he handled the money illegally, but when asked how much oil he has found, he replies cryptically: "That's relative." In any case, his Tulsa-based Home-Stake Production Co. (no relation to Homestake Mining Co. of San Francisco) is now bankrupt. According to the Wall Street Journal, which first reported the story last week, Home-Stake pulled off one of the biggest swindles of its kind in history; some $100 million that it took...

Author: /time Magazine | Title: SCANDALS: Gulling the Beautiful People | 7/8/1974 | See Source »

...felt. Contrary to the expectations of civil libertarians, smut peddlers and bluestockings alike, last year's tough anti-obscenity rulings have had relatively little effect. The first few months after the Miller decision did see a rash of hasslings, raids, busts and prosecutions in Los Angeles, Tulsa, New Orleans, Tampa, Montgomery, New York, Bangor, Detroit, Chicago, Kankakee and elsewhere. Books were quietly shelved in many libraries and even burned (32 copies of Kurt Vonnegut's Slaughterhouse Five) in Drake, N. Dak. But, by and large, even smutty books and magazines still sold; the X-rated movies still showed...

Author: /time Magazine | Title: The Law: Clearing the Calendar | 7/8/1974 | See Source »

...Bicentennial. But some of the organization's 4,600 full-timeprofessionals soon found their quotas unattainable. Apparently fearing for their jobs, they signed up thousands of fictitious scouts, in some cases even paying the registration fees. Scout officials have already resigned or been fired in Chicago, Detroit and Tulsa, Okla., and the investigation is continuing. Says Detroit Area Council Director Joseph Wyckoff: "When you try to teach youngsters integrity and trustworthiness, it's inconceivable to have professionals who don't follow scouting rules...

Author: /time Magazine | Title: The Nation: Loyal but Untrustworthy | 6/24/1974 | See Source »

...mayor. In most towns he is besieged by autograph seekers and frequently treated to a free dinner by local worthies. By last weekend, after rolling across rough subsidiary roads in Missouri (he is often refused permission to skate on interstate highways, which would cut his time considerably), he reached Tulsa, Okla., by his reckoning the exact mid-point in his journey. He may also have surpassed Hugh Hefner as the world's biggest Pepsi-Cola guzzler. Pepsi not only put up $1,500 for the trip but also staked the skater to all the pop he could drink, provided...

Author: /time Magazine | Title: Modern Living: States on Skates | 6/17/1974 | See Source »

...eleven children, Troy, 40 (whose real first name is Forrest), grew up in the poor, populist-leaning "Little Dixie" section of southeastern Oklahoma. He dropped out of college to become a newsman. After 17 years of experience, including two stints as the Tulsa Tribune's Washington bureau chief, Troy quit in 1970 and bought the Observer from a priest, who had earlier taken it over from its founder, the Oklahoma City Roman Catholic diocese. Troy readily paid the asking price of $1 for the money-losing enterprise...

Author: /time Magazine | Title: The Press: The Sooner Scrouge | 5/6/1974 | See Source »

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