1960 Winter Olympics which made its selection to host the 1960 Winter Olympics a surprise. Wayne Poulsen and Alexander Cushing, who were inspired to an Olympic bid by a newspaper article mentioning that Reno, Nevada, and Anchorage, Alaska, had expressed interest in the Games. Poulsen, president of the Squaw Valley Development Company, petitioned California Governor Goodwin Knight to support a bid to host the Olympic Games. Knight's administration agreed and recommended that the California Legislature appropriate $1,000,000 to the effort. Based on the financial support received from the State of California, the United States Olympic Committee (USOC) approved the bid on January 7,
Winter Olympic Games an extent that advertisers would begin to pull their support. The investigation resulted in the expulsion of 10 IOC members and the sanctioning of another 10. New terms and age limits were established for IOC membership, and 15 former Olympic athletes were added to the committee. Stricter rules for future bids were imposed, with ceilings imposed on the value of gifts IOC members could accept from bid cities. According to the IOC, the host city for the Winter Olympics is responsible for "...establishing functions and services for all aspects of the Games, such as sports planning, venues, finance, technology, accommodation,