Tag: 1966 Cushman Lobster
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THE GREAT TEACHER RETIREMENT BAIL-OUT
Fort Stockton had seen stranger weeks, but not by much. It all started when it came to light that Mayor Goodman—acting under what he later called “a visionary investment strategy”—had lost most of the Fort Stockton Independent School District’s Teacher Retirement Fund. The scheme involved wagering heavily on the outcome of the Carrera Panamericana, a…