Some context: Steeleye Span are an English folk rock band formed in 1969. Still active today, along with Fairport Convention, they are amongst the best known acts of the British folk revival, and were among the most commercially successful, thanks to their hit singles "Gaudete" and "All Around My Hat". They had four Top 40 albums and achieved a certified gold record with sales of "All Around My Hat". Throughout their history, Steeleye Span have seen many personnel changes.
Reported difficulties among band members saw a split during the recording of Bedlam Born. Woods reportedly was uncomfortable with the financial arrangements of the band, health problems forced Johnson into retirement, and drummer Dave Mattacks' period as an unofficial member came to an end during this time. For a while the band consisted of just Peter Knight and Tim Harries, plus various guest musicians, as they fulfilled live commitments. Rick Kemp resumed playing with the band at some of these gigs, with Harries switching to lead guitar. This was an uncertain time for the future of the band, and when Harries announced he was not keen to continue his role, even the willingness of Kemp to return to the line-up full-time was not enough to prevent what was effectively a break-up. In 2002, Steeleye Span reformed with a "classic" line-up (including Prior), bringing an end to the uncertainty of the previous couple of years. Knight hosted a poll on his website, asking the band's fans which Steeleye songs they would most want to see the band re-record. Armed with the results, Knight persuaded Prior and Genockey to rejoin, coaxed Johnson out of a health-induced retirement, and along with Kemp and Knight, they released Present--The Very Best of Steeleye Span (2002), a 2-disc set of new recordings of the songs. But Bob Johnson's health prevented him from playing live shortly before the 2002 comeback tour, and he was replaced at the eleventh hour on guitar by Ken Nicol, formerly of the Albion Band. Nicol had been talking with Rick Kemp about forming a band when Kemp invited him to play for the tour, and this was to herald a significant return to form for the band.
Why did they break up
A: Woods reportedly was uncomfortable with the financial arrangements of the band, health problems forced Johnson into retirement,
Some context: Born in rural Chambers County, Alabama (in a ramshackle dwelling on Bell Chapel Road, located about a mile off state route 50 and roughly six miles (9.7 km) north of Lafayette), Louis was the seventh of eight children of Munroe Barrow and Lillie (Reese) Barrow. He weighed 11 pounds (5 kg) at birth. Both of his parents were children of former slaves, alternating between sharecropping and rental farming. Munroe was predominantly African American, with some white ancestry, while Lillie was half Cherokee.
Despite Louis's lucrative purses over the years, most of the proceeds went to his handlers. Of the over $4.6 million earned during his boxing career, Louis himself received only about $800,000. Louis was nevertheless extremely generous to his family, paying for homes, cars and education for his parents and siblings, often with money fronted by Jacobs. He invested in a number of businesses, all of which eventually failed, including the Joe Louis Restaurant, the Joe Louis Insurance Company, a softball team called the Brown Bombers, the Joe Louis Milk Company, Joe Louis pomade (hair product), Joe Louis Punch (a drink), the Louis-Rower P.R. firm, a horse farm and the Rhumboogie Cafe in Chicago. He gave liberally to the government as well, paying back the city of Detroit for any welfare money his family had received. A combination of this largesse and government intervention eventually put Louis in severe financial straits. His entrusting of his finances to former manager Mike Jacobs haunted him. After the $500,000 IRS tax bill was assessed, with interest accumulating every year, the need for cash precipitated Louis's post-retirement comeback. Even though his comeback earned him significant purses, the incremental tax rate in place at the time (90%) meant that these boxing proceeds did not even keep pace with interest on Louis's tax debt. As a result, by the end of the 1950s, he owed over $1 million in taxes and interest. In 1953, when Louis's mother died, the IRS appropriated the $667 she had willed to Louis. To bring in money, Louis engaged in numerous activities outside the ring. He appeared on various quiz shows, and an old Army buddy, Ash Resnick, gave Louis a job greeting tourists to the Caesars Palace hotel in Las Vegas, where Resnick was an executive. For income, Louis even became a professional wrestler. He made his professional wrestling debut on March 16, 1956 in Washington, D.C., defeating Cowboy Rocky Lee. After defeating Lee in a few matches, Louis discovered he had a heart ailment and retired from wrestling competition. However, he continued as a wrestling referee until 1972. Louis remained a popular celebrity in his twilight years. His friends included former rival Max Schmeling--who provided Louis with financial assistance during his retirement--and mobster Frank Lucas, who, disgusted with the government's treatment of Louis, once paid off a $50,000 tax lien held against him. These payments, along with an eventual agreement in the early 1960s by the IRS to limit its collections to an amount based on Louis's current income, allowed Louis to live comfortably toward the end of his life. After the Louis-Schmeling fight, Jack Dempsey expressed the opinion that he was glad he never had to face Joe Louis in the ring. When Louis fell on hard financial times, Dempsey served as honorary chairman of a fund to assist Louis.
What sort of financial trouble did he have?
A: A combination of this largesse and government intervention eventually put Louis in severe financial
Some context: Joe Frazier was the 12th child born to Dolly Alston-Frazier and Rubin in Beaufort, South Carolina. He was raised in a rural community of Beaufort called Laurel Bay. Frazier said he was always close to his father, who carried him when he was a toddler "over the 10 acres of farmland" the Fraziers worked as sharecroppers "to the still where he made his bootleg corn liquor, and into town on Saturdays to buy the necessities that a family of 10 needed." Young Frazier was affectionately called "Billie Boy."
According to an article from The New York Times, "over the years, Frazier has lost a fortune through a combination of his own generosity and naivete, his carousing, and failed business opportunities. The other headliners from his fighting days--Ali, George Foreman, and Larry Holmes--are millionaires." Asked about his situation, Frazier became playfully defensive, but would not reveal his financial status. "Are you asking me how much money I have?" he said. "I got plenty of money. I got a stack of $100 bills rolled up over there in the back of the room." Frazier blamed himself, partly, for not effectively promoting his own image. In a 2006 HBO documentary on the fight in Manila, Frazier was interviewed living in a one-room apartment on the second floor of his gym. His daughter Jackie Frazier-Lyde is a lawyer and worked on her father's behalf in pursuit of money they claimed he was owed in a Pennsylvania land deal. In 1973, Frazier purchased 140 acres in Bucks County, Pennsylvania for $843,000. Five years later, a developer agreed to buy the farmland for $1.8 million. Frazier received annual payments from a trust that bought the land with money he had earned in the ring. However, when the trust went bankrupt, the payments ceased. Frazier sued his business partners, insisting his signature had been forged on documents and he had no knowledge of the sale. In the ensuing years, the 140 acres was subdivided and turned into a residential community. The land is now worth an estimated $100 million.
Does that mean he donated too much money?
A:
through a combination of his own generosity and naivete,