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Stephen Trafton

Banker and land speed record holder · Born 1946 · age 80

Stephen Trafton is a financial turnaround manager, land speed record holder, Arctic explorer and historian. In his position as the head of a major American bank, he also pursued a landmark breach-of-contract legal action against the U.S. Government.

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The suit asserted that the Federal Government is liable for damages due to a breach-of-contract on its part, even if that breach was caused by congressional action. This principle was upheld by the United States Supreme Court in a 7 to 2 ruling.

Text from Wikipedia, CC BY-SA 4.0

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Born 1946 · age 80