Word: yorke
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Dates: during 1970-1979
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These were all part of the preparations for Pope John Paul's historic, seven-day American tour, which will begin with his arrival in Boston next Monday. He will celebrate Mass at each major stop -Boston, New York, Philadelphia, Des Moines, Chicago and Washington-and visit St. Patrick's Church in the tiny farm town of Cumming, Iowa. Along the way, John Paul will address seminarians and school students, visit with cardinals and civic dignitaries and attend a huge reception on the White House lawn that threatens to turn into a political rally: the President's invited...
Today the sensitive soul's empire is in ruins. After a New York dealer launched a suit against him, Straw suddenly filed for both personal and corporate bankruptcy. Against $1.7 million in assets, he listed a staggering $16.2 million in debts. He left at least 97 stunned creditors. Among them: the Petersen Galleries of Beverly Hills, whose claim of a $7 million loss was the single largest; art dealers in places as far-flung as San Francisco, Cincinnati and Signal Mountain, Tenn.; the Internal Revenue Service and Western Union Telegraph Co. Straw allegedly sold paintings that...
Straw's troubles emerged last June, when A. Richard Benedek, a private New York dealer, filed a complaint against Straw in the Superior Court of Essex County, Mass. The two had been doing business together since 1975, and everything had apparently gone smoothly. According to the affidavit filed by Benedek, he had invested heavily in three separate partnership deals arranged by Straw. One was to purchase a collection of antique furniture. The second was to buy eleven paintings that included a Mary Cassatt and a Winslow Homer. The third involved a spectacular $15 million group of 31 old masters...
...wrote three promissory notes to cover his debts and, according to Benedek, defaulted on all but a fraction of them. Most of the furniture collection, Benedek discovered later from a newspaper article in the Maine Antique Digest, corresponded to one auctioned off by Sotheby Parke Bernet in New York; Straw had never owned it. None of the old masters is listed in the gallery's inventory...
Some months after that depressing day-with Richard Nixon now President-elect-I was having lunch with Governor Rockefeller and a group of his advisers in New York City. We were discussing what attitude Rockefeller should take toward a possible offer to join the Nixon Cabinet. We were interrupted by a telephone call. It was a poignant reminder of Rockefeller's frustrating career in national politics that the caller was Nixon's appointments secretary, Dwight Chapin, who was interrupting Rockefeller's strategy meeting to ask me-not Rockefeller-to meet with his chief...