The U.S. Court of Appeals upholds the conviction of writer R. Foster Winans for securities fraud. Winans, author of the “Heard on the Street” column for the Wall Street Journal, entered into a scheme with two brokers at Kidder Peabody to give them advance information about his column. The brokers, […]
Continue ReadingMonthly Archives: May 1986
Shoemaker Becomes Oldest Man To Win Kentucky Derby
On May 3, 1986, 54-year-old Willie Shoemaker, aboard 18/1 shot Ferdinand, becomes the oldest jockey ever to win the Kentucky Derby. The victory was just one of Shoemaker’s 8,833 wins, a record that stood until 1999, when it was broken by Laffit Pincay. William Lee Shoemaker was born prematurely on […]
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