Cambridge Club, where Bay Street elite gather to sweat, drink and deal, facing extinction

Clive Caldwell had a moment as a teenager when he realized with the utmost wisdom of his years what he had to do, since what he was doing as a student at Ridley College, a prestigious boarding school in St. Catharines, Ont., was getting miserable grades and, academically speaking, going nowhere. “I was a terrible student,” he said of those floundering times with Latin, math and the rest in the late ’60s and early ’70s....