December 24, 1999 |
Koch Industries, the mammoth Wichita, Kan.-based oil and gas conglomerate, defrauded the U.S. government by mismeasuring oil purchases on federal and American Indian lands, a federal jury decided Thursday. Koch, one of the largest private companies in the United States, was ordered to pay actual damages to the government of $553,504 for making 24,587 false claims that allowed Koch to pay less than it should have for oil, the jury said.
December 5, 1995 |
Talk about a Puritan image problem. First Demi Moore does Hester Prynne. Then Catherine de Castelbajac--a former Ford model and Californian who graduated from Foothill High School in Santa Ana--portrays herself in a courtroom as an "X-rated Protestant princess." "My poor nerve endings are already hungry," De Castelbajac told Bill Koch--a multimillionaire yachtsman who gained fame for his 1992 America's Cup victory--in one of a series of steamy letters and faxes read to jurors. "You are creating such a wanton woman."
February 24, 1995 |
They were late getting home, so to speak, and every daughter who has a strict father knew what to expect. "He came down on us pretty hard," Leslie Egnot said. But if you're going to have a patron, why not have one worth about two-thirds of a billion dollars? It just needs to be understood that his patience has a limit. When you have a 3-12 record, does he give you the keys to a new boat?
May 9, 1994 |
Merritt Carey, who has sailed the world, came running when she heard that the first-ever all-women's team was being assembled for the America's Cup. "It doesn't get any better than this if you're looking for big boats and around-the-can (buoy) sailing," said the 25-year-old Maine native. Other world-class races--the Caribbean Gold Cup, the Transpacific, the Whitbread Round-the-World Race--are challenging and high profile, but in the world of big-time sailing, the America's Cup is the Big Show.
March 10, 1994 |
Bill Koch, who spent $60 million to shake up the staid yachting world with his 1992 America's Cup victory, plans a new twist for his title defense in San Diego next year: the first all-women team in the 142-year history of the race. Koch said the women don't need to be experienced sailors. He said he wants good athletes with the right attitude who can be trained to handle a boat. Lynne J. Shore is one who will make an effort. If she is chosen, it will bring another little twist to the team.
February 3, 1993 |
Bill Koch has some ideas about how to improve the America's Cup. Oops! Say those last two words and everybody nods off. That's the problem. Few in this country spend much time thinking about it, but Koch has. Bright man. Three degrees from MIT. Great art collection. When Koch talks, people should listen. Trouble is, Koch is a far better scientist--even a better sailor--than he is a salesman.