Word: whiteford
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Dates: during 1970-1979
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...Scouts. The trouble, McCloy found, started in 1959, when Gulfs then chief executive officer W.K. Whiteford decided that his company needed more "political muscle." To get it, he ordered that a covert fund be set up. In 1960 the Bahamas Exploration Co. Ltd. in Nassau was transformed from an insignificant subsidiary into a firm that could "launder" Gulfs money and pass it along to politicians. Whiteford insisted that the fund be kept secret from the Mellon family and from the executives that he called the "Boy Scouts"-E.D. Brockett and Bob R. Dorsey. To the directors at last week...