Posts Tagged ‘lonny powell’

By Ray Paulick
We’ve all heard of online social networking sites like Facebook, MySpace and Twitter. Some of us have experimented with these web sites to keep in touch with friends and family, make new acquaintances or promote our businesses, charitable activities or social causes.

On one extreme there is someone like the University of Kentucky’s new men’s basketball coach, John Calipari, who has accumulated more than 175,000 “followers” at Twitter.com (people who sign up to receive the frequent updates he sends out in 140-characters “tweets.”) The latest from Coach Cal: “Busy day. Great mtg w/ music dept, who I want to help. Mike Pratt stopped by & we x-o a little. Ran on campus w/ Robes. Saw my team (:-).”

At the other end of the popularity chain is a Facebook social group of three individuals from the not so popular sport of lawn bowling. 

The best example I’ve found in the racing industry of how social networking can play an important and beneficial role was the Facebook page set up by former racing publicist Brock Sheridan in the wake of the accident at Arlington Park on May 23 that left jockey Rene Douglas severely injured.

The “Rene Douglas Get Well Card” Facebook group has nearly 3,500 members who are able to send their best wishes to Douglas, and get regular updates on the jockey’s condition from family friend Doreen Razo, wife of jockey Eddie Razo, as well as learn of fund-raising activities to help the Douglas family during this very difficult time. You don’t have to be a member of Facebook to view the page. Click here to see it.

Sheridan is a financial adviser to jockeys and trainers who had only recently set up a blog called “The Brock Talk” as well as Facebook and Twitter pages. I have been so impressed by how much the “Rene Douglas Get Well Card” has benefitted the racing industry and asked Sheridan a few questions about the experience. Following is our exchange.

When/how did it occur to do the “Rene Douglas Get Well Card” page on Facebook?
Brock Sheridan: On Sunday morning following the accident, I was working on my blog and reading drf.com and learned of the accident. At that time, I had been on Facebook about two months and was still learning about its applications and decided this was an opportunity to try to do something nice with what I was learning on Facebook.

What were your original expectations and goals?
I honestly thought that if I could get 25 of my friends to post some well wishes and prayers on the “wall” of the Get Well Card on Facebook, it would be something nice to maybe print out and send to the hospital inside a conventional get well card.

All I did was produce the Card and write on my Facebook status “just created a Rene Douglas Get Well card group on Facebook. Feel free to post your messages, well wishes and prayers for Rene who took a bad spill at Arlington Park yesterday.” I didn’t even send out an invitation to friends to join the group. I was maybe going to do that after I had finished my work on my blog.

The first member was (racing consultant) Lonny Powell, who had just started on Facebook, and the first person to post a message was John Hernandez (a radio show host from California), who I had worked with on some Facebook marketing ideas. My honest reaction was, “that’s nice… those are two good guys in horse racing.”

When did you realize there was going to be a greater response than expected?
Almost immediately. Within a few hours more than 50 Facebook members had posted messages to Rene and at around 6:30 that night, people were posting messages at a rate of one every 2-5 minutes for a while. I was struck by two things: the heartfelt and sincerity of the messages and that these messages were being posted by people I didn’t know. By the end of the first day, I had 69 get well wishes to send to Rene and I was very pleased.

But Memorial Day Monday was when things began to really surprise me. We passed 1,000 members and had 169 additional wall posts with messages for Rene. By that time members started sending me messages to my personal Facebook page asking about Rene’s condition and where to send money, questions for which I had no answers. So I knew that I now had an opportunity to help Rene and felt a sense of responsibility to get this information out to these members.

That’s when the milestones started.

That afternoon, I had sent an e-mail to Anthony Granitza, president of the Illinois Race Track Chaplaincy, asking about where to send money. Anthony replied within a few hours and had copied me in his e-mail to Nancy La Sala at the Permanently Disabled Jockeys Fund. Nancy sent me an e-mail the next day (Tuesday) and informed me that a fund would be set up in time and that she would notify me.

Shortly thereafter, Doreen Razo became a member and started posting on the discussion board topics on the Card. I didn’t know Doreen but assumed she was Eddie Razo’s wife. I was looking to contact Dennis Cooper to get information, but I was very hesitant to bother anybody close to Rene with this because things were still pretty uncertain regarding his condition. That’s when I sent out some info on an Illinois OTB fund raiser by accident and before I could recall the message it had already gone out. So I called Illinois Inter-Track to confirm and got Dave Zenner (Arlington Park’s director of media relations). After apologizing for my erroneous message, Dave said they were looking at my Get Well Card at that moment and I knew then that it had really taken off. I struck up a conversation about the situation and he told me that Doreen was acting as a family spokesperson. I called the hospital public relations department to confirm as well.

So when Doreen started posting updates on Rene’s medical condition, I started re-posting them on Recent News on the Card so they would be more visible, and created a Rene Douglas Medical Update on the blog for non-Facebook users as well. I also started sending out “Messages to All Members” with updates. (At one point I had replied to so many inquires that Facebook suspended my message center for a day because I had somehow kicked in some “Spam Guard” even though all of my messages were individual responses to individual questions.)

On Tuesday, May 26, Doreen Razo posted that the family was aware of the Card and messages. But a few days later at 5:45 am, Natalia Douglas (Rene’s wife) posted a thank you message and I knew that the messages and prayers were getting to Rene and the family. That was a milestone.

Looking back what have learned about this experience.
First, it is now obvious that there are a lot of people out there that care and want to help. This is not just illustrated by the number of members or posts on the card, but by the people who have sent me messages asking what they can do to help. There is a RDGWC member who is an exercise rider at Hollywood who posts updates in the racing office and in the jock’s room. There are people who have contacted me about wanting to volunteer time or organize fund raising events.

And there are people who still care enough to send messages and tell their friends even after more than two weeks after the accident.

People have posted messages about Rene winning races they remember, fans have posts of memories of Rene stopping to take pictures with them at the track, Rene helping others, the list goes on. Of the nearly 600 posts, I have not had to remove one post.

These members can be broken down into:
• People who click “join this group”
• People who care enough to type a message or send a prayer.
• People who look through the Recent News, Discussion Topics and The Brock Talk blog for information. (Judging by my up-tick in blog hits I assume they are also telling their non-Facebook friends where to get more info.)
• People who want to help financially.
• People who want to help any way they can.

What has been accomplished?
If it has offered any sense of comfort and support to Rene and his family I would say it has accomplished an awful lot.

I’m sure we have helped increase the awareness of the Permanently Disabled Jockeys Fund and the individual fund raisers, but we have just hit the tip of the iceberg on what can be done in that arena. I’m hoping to continue my work to promote the PDJF and create awareness of the everyday dangers Thoroughbred and Quarter Horse jockeys endure on a daily basis.

I am working on formulating some way to keep this momentum going to support all of these riders and the other disabled jockeys.

The Paulick Report wrote about the Permanently Disabled Jockeys Fund in a “Good News Friday” article in the wake of the injury to Douglas. Those who haven’t read that article can click here to do so. Please consider a donation.

Previous Good News Friday subjects: Father Chris Clay, The Race for Education, Military Appreciation Day at Keeneland, Kentucky Oaks Pink Out for the Susan G. Komen Foundation, Mary Lee-Butte and the Blue Grass Farms Chaplaincy, Mary Jo Pons and the Radio Reading Network, TV Ratings Are Up, Permanently Disabled Jockeys Fund, Kentucky Thoroughbred Farm Managers Club.

Do you know an individual or organization who you think we should consider for an upcoming “Good News Friday” feature? Then please e-mail info@paulickreport.com with the name of the individual or organization and a brief description of why you think they should be featured. Additionally, we’d like to thank Rob Whiteley and Liberation Farm for encouraging us to bring to light some of the industry’s positive stories and for sponsoring this exclusive Paulick Report feature.

Copyright © 2009, The Paulick Report

Visit the Paulick Report for all the latest news throughout the racing world.

Sign up for our Email Flashes to get the latest news, analysis and commentary from Ray Paulick

Do you know an individual or organization who you think we should consider for an upcoming “Good News Friday” feature? Then please e-mail info@paulickreport.com with the name of the individual or organization and a brief description of why you think they should be featured. Additionally, we’d like to thank Rob Whiteley and Liberation Farm for encouraging us to bring to light some of the industry’s positive stories and for sponsoring this exclusive Paulick Report feature.

By Ray Paulick
Her name is Mary Lee-Butte, but many who have benefited from her work with the Blue Grass Farms Chaplaincy call her “Mary Christmas.” Whether it’s helping organize the chaplaincy’s annual “Festival of Christmas,” an event that brings joy to hundreds of children from needy, horse industry families, or stopping by a nursing home to visit and drop off the latest copies of Blood-Horse and Thoroughbred Times magazines to former horse industry workers, Lee-Butte has a heart, as track announcer Trevor Denman likes to say, as big as the racetrack.

But the Blue Grass Farms Chaplaincy, as the name implies, serves a community much larger than the track. “When we started this organization,” said industry consultant Lonny Powell, the chaplaincy’s founding president, “we saw that it was an enormous challenge. With a racetrack chaplaincy, you draw a square and define the stable area as your community. With the Blue Grass Farms Chaplaincy, we’re serving several counties in Central Kentucky. But it’s worked, and it’s given me great satisfaction and pride to see how many people have benefited.”

The chaplaincy was formed in 2003 by a group of individuals in Central Kentucky that included Powell, David Foley of the American Association of Equine Practitioners, the Jockey Club’s  Dan Fick, Tom Thornbury of Keeneland, Horsemen’s Benevolent and Protective Association CEO Remi Bellocq, breeder Ben Walden, Bobby Maxwell of Sallee Horse Vans and Bethlehem Farms’ Sandra White. (Click here to learn more about the Blue Grass Farms Chaplaincy.)

“Back in the early days, we’d hired a part-time administrator and a part-time chaplain to get this kicked off,” recalled David Foley, a past president and current treasurer of the chaplaincy. “We used to meet several times a month the first few years trying to get the ministry going. Both of these positions ended up going full-time and we were covering a lot of ground; however, fundraising was always a challenge. Then, along came Mary–as the song goes. She came to us initially as a volunteer a few years back, began participating and then inquired about setting up a Ladies Guild to assist the chaplaincy with additional needs and to help with fundraising. She was ‘on fire’ for this ministry, back then and remains so today.”

When the chaplaincy’s original executive director left Central Kentucky and resigned her position, Lee-Butte was working virtually full-time as a volunteer. The executive director job was offered to her, and she stepped in to help the organization through a transition without missing a step. It’s grown under her leadership and expanded its outreach to the community in many ways. Lee-Butte is one of three employees, along with the chaplain Claudio Toro and executive assistant Deanna Widaman.

“On a day to day basis, we are able to take care of any emergency needs the workers have,” Lee-Butte said, “whether it’s physical, spiritual, financial or medical. It’s a one-stop resource center.”

The chaplaincy, which was previously affiliated with the Racetrack Chaplaincy of America but ended its ties with that national organization earlier this year, opened an Enrichment Center at its Lexington office in the last year.  The center is used as a classroom, where courses on safety and English as a second language are taught. The center will be used this summer for a new children’s reading program, and it also hosts a mentoring program for mothers who either have husbands working on horse farms or themselves are farm employees. A computer lab is being created, thanks to a gift of eight computers from Darley Farm. Classes will be taught to help farm workers develop word processing and basic computer skills that will help them on the job. Lee-Butte hopes to arrange for regularly scheduled medical and dental services to also be available for those in need.

“Our greatest achievement last year by far was opening the Enrichment Center,” said Fritz Widaman of the National Thoroughbred Racing Association, the chaplaincy’s current president. Its development, Widaman said, would not have been possible without the generosity of many people in the industry.

Lee-Butte echoed Widaman’s sentiments about the widespread support, saying funding comes from all levels of the industry, from wealthy farm owners who make substantial donations to individuals who send in $5 or $10.

“Taylor Made Farm has been phenomenal in their support,” she said, “Beau Lane of the Lane Foundation has supported the chaplaincy for a long time and has been one of our major donors. Keeneland and Fasig-Tipton have been supportive, and so has the Blood-Horse family, especially at Christmastime. Darley has been very supportive, both with funding and with the recent donation of computers.”

The heart and soul of the chaplaincy’s fundraising, however, comes from the Ladies Guild that Lee-Butte helped start.

“The Ladies Guild is a very cohesive, supportive group of women who are cheerleaders for the industry and for each other,” Lee-Butte said. “It raises money, but it’s also an outreach for people who want to be involved in doing something. That’s what drives me; volunteer work is very rewarding.

By Ray Paulick
There was a table-pounding moment Tuesday afternoon at the annual convention of the Association of Racing Commissioners International when Ed Martin, president of the group seen widely as a do-nothing organization, admonished its members to do something.

I felt, for the first time in over 20 years of reporting on the RCI, that it actually might have a pulse. I flashed back to the cherubic Tony Chamblin, whose primary job as longtime head of the RCI was trying to keep his own job. When he could no longer win that battle, he left behind a legacy of a civil war among regulators, one that resulted in two national organizations, RCI and the splinter group North American Pari-Mutuel Regulators Association. Racing industry veteran Lonny Powell replaced Chamblin in 2001, and in his tenure helped put Humpty Dumpty back together. Martin finished the job in 2005, when he succeeded Powell as president of RCI, and the merger of the two organizations was completed in 2006.

So, a cynic might say, we once again have just one useless national organization of regulators with no real authority, instead of two.

Martin is hoping to change that image of the RCI, but it was clear in his rising voice and pointed words that his frustrations are growing. Betting scandals and pari-mutuel pool tampering continues, Martin said, but regulators do nothing. The industry spends $35 million on drug testing to little avail, he said, but virtually nothing on wagering security, the economic foundation of the business. Regulators  at the RCI convention hear proposals for how wagering security can be improved and then go home and do nothing. Tracks, he said, say they want to do their own thing but end up doing nothing.

Professional horseplayer Mike Maloney outlined ongoing problems with past-post betting and pool tampering and said regulators exacerbate the problems and suspicions about the integrity of wagering by shielding the incidents from the public. There must be transparency before you can insure integrity, Maloney said.

I had the opportunity to address the regulators at the RCI convention and tried to impress upon them that horseplayers are fed up like I’ve never seen before. I asked readers of the Paulick Report to tell me what they think should be the top priorities of state racing commissioners, and owners, breeders, trainers and horseplayers responded with legitimate and well-reasoned concerns. Foremost among them were calls for tougher enforcement of medication violations and uniform rules from one state to another, something that might not have been important 25 years ago when racing was a localized sport. Today, with interstate simulcasting accounting for nearly 90% of pari-mutuel handle, it is imperative that the rules are the same across the board: on medication, drug testing, penalties, wagering, and licensing.

There is cheating going on, and people in this industry know it, whether it’s medication violations by trainers and veterinarians who know how to game the system (and only get a slap on the wrist when they’re caught) or gamblers using off-shore account-wagering businesses that are not adequately regulated.

Your comments (all of which are being made available to RCI members) helped me convey to regulators how critically important it is for them to take serious action. If they don’t, I suggested, the federal government will.

That point was driven home earlier in the day by Keeneland president and CEO Nick Nicholson, who is also chairman of the American Horse Council and as a former U.S. Senate aide knows how Washington can work. “This particular Congress is not concerned where the problem is but they are determined that they will be part of the solution,” Nicholson said. “This Congress is going to be activist.”

Nicholson brought the Council of State Governments into play last year in hopes of creating an alternative to federal intervention, using interstate compacts, something that is common to other industries. RCI’s president, Ed Martin, also sees interstate compacts as a realistic solution to the challenge of having 38 state regulatory boards walking in lock-step with one another. But it’s going to be up to the individual state racing commissions to make a compact work.

John Mountjoy, director of policy and research for the Council of State Governments, explained to RCI members how interstate compacts work and outlined their various benefits. Among other things, Mountjoy said, interstate compacts offer a federal solution “without Washington.” Uniform rules, operations and training can be achieved through an interstate compact, he said, while allowing flexibility and state sovereignty.

Interstate compacts can’t happen overnight, he added, indicating it could take several years to have one fully operational.

This much we know. There is a crisis of confidence in this industry among the biggest stakeholders–the horseplayers who fund the economic engine with billions of dollars of bets each year. But those stakeholders wagered fewer dollars on U.S. racing in 2008 than in any year since 1998, and this year’s handle promises to be even lower.

Racing commissioners from different states have shown over time they are incapable of taking the necessary steps to address the fundamental problems. There may be a pulse at the RCI that I didn’t sense 10 years ago, and there are good people involved at RCI and many state racing commissions. However, I’m afraid that when most of the commissioners and their paid staff return home from the RCI 2009 convention, it will be business as usual and nothing significantly will change.

That will open the door to Congress and let the federal government come up with its own solution.

Copyright © 2009, The Paulick Report

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By Ray Paulick

Are betting exchanges a possible solution to the problems facing the U.S. Thoroughbred industry, which in 2008 saw its annual pari-mutuel handle fall for the fourth time in six years, dropping over 7% to a 10-year low? The Thoroughbred Owners of California thinks they may be, having recently signed a letter of agreement with betting exchange giant Betfair to have the UK-based company promote California racing abroad while TOC helps BetFair obtain statutory and regulatory approval to operate a betting exchange in California.

Betfair, which has been trying for several years to gain access to the U.S. market, is also believed to be a leading candidate to buy TVG, whose parent company, Macrovision, announced its intention to sell TVG last year. Though there are no confirmed suitors, others rumored to be potential buyers of the racing network and Advance Deposit Wagering platform include Churchill Downs Inc.; Marc Nathanson, a cable TV industry billionaire and father of TVG president David Nathanson; and an industry consortium that could include Keeneland, the New York Racing Association, former Hollywood Park chairman R.D. Hubbard, and Los Alamitos racetrack owner Edward Allred.

Betfair, a privately held company, was founded in June of 2000, using a technologically advanced platform permitting individuals to go online and bet against one another on a wide range of events, including horse racing, sports, politics and even reality television shows. By taking commissions of 2%-5% from winning bets, the company offers extremely low takeout and has built enormous volume: it claims to have over one million customers from 140 countries, with 100,000 or more active players in a given week. (UPDATE: Betfair said in October 2008 that it signed up its two millionth customer; see comments section, below) Its wagering platform handles over five million bets per day. In 2007, Betfair had 42 million English pounds in earnings before interest, depreciation, taxes and amortization on revenue of 240 million pounds. According to its annual report (which can be seen here), Betfair has 110 million pounds cash on hand.

CONCERNS ABOUT BETFAIR

The problem many see with Betfair is that the company pays a small percentage for the rights to races on which it handles wagers. In England, for example, it pays a bit over 10% of gross profits on racing wagers. In some cases, however, it pays no fees at all, as is currently the case with racing from the U.S. Betfair currently accepts bets on American racing, but only from customers outside of the U.S., and it does not have rights to any video signals. Betfair is acutely aware of concerns from racing interests in the U.S. who believe betting exchanges would cannibalize pari-mutuel betting and decrease revenue to tracks and purses. It addresses some of those fears in this pamphlet, which was designed to appease the racing industry in the United Kingdom.

Another concern raised about Betfair centers on wagers it accepts that a specific horse will lose, prompting worries about race-fixing. But Betfair has cooperated in several investigations involving horse racing and sports betting, giving authorities access to detailed betting information as part of its memorandum of understanding. 

Drew Couto, the president of TOC, said the letter of agreement with BetFair was signed last month. He believes wagering will continue to suffer unless the industry distances itself from Albert Einstein’s definition of insanity: doing the same thing time after time and expecting a different result.  “That really describes our industry’s approach to this sport and business over the last decade,” Couto said. 

“Going forward,” he added, “we have to face two very important realities. “First, we have allowed the sport to basically disappear. It’s no longer a sport, but simply a justification to gamble and wager, and as a wagering proposition we know it’s not the most attractive. We have to go back and make it a sport. We have to give the sport some structure to have it make sense for the fans, make some very serious fundamental changes to focus on the sporting aspect of racing. We have left it largely to the tracks to be the stewards of the sport, and they only care about the financial side. 

“Second,” Couto said, “we have to adopt new ways our fans can participate. New wagers, betting exchanges. We have to embrace these new ways of playing as ancillary to the way we currently operate, so it’s new and fresh. That includes tournament-style wagering that was approved by the RCI (Association of Racing Commissioners International) last summer. If we don’t begin to do things differently and find new ways to operate, we are bound to be the definitive example of what Einstein said.”

CAN RACING DEVELOP ITS OWN BETTING EXCHANGE?

Chris Scherf, executive vice president of the Thoroughbred Racing Associations of North America, a racetrack trade organization, for years has advocated that North American tracks consider developing their own betting exchange. He sees the trend in downward handle as a serious crisis. 

“We’ve got to look into pricing (the takeout charge on pari-mutuel bets), the product that’s being provided and the convenience factor for wagering,” Scherf said. “We need to make the same kind of concerted effort on handle that is currently being made to improve the safety and welfare issues. Track by track, you can get swamped in a million problems, but this has to be at the top of the pile. We are losing bettors. What do we have to do to change that aspect of the business, the part that provides us revenue? Of course, the entire debacle of cutting off signals in the last year (due to contractual disagreements between tracks and horsemen over ADW splits) was extremely detrimental to any kind of sustained gambling business. 

“The problem,” Scherf said, “is we’ve got tracks and horsemen both saying they need more money in this economy. But the first thing we need is an engaged gambling public, and they should be at the top of the list.”

Scherf said he is “somewhere in between fear and welcoming” Betfair into the industry. “We had no master plan for how ADW would fit in and now we are trying to retrofit it, which is causing a lot of angst and problems. We need to spend more time developing a strategy (for exchange betting), though it’s difficult to do that when you have a wide disparity throughout the industry in resources and markets.” 

Lonny Powell, an industry consultant based in Lexington, Ky., who previously served in executive positions with racetracks (including head of Santa Anita Park), the ADW company Youbet.com and as president of the Association of Racing Commissioners International, said BetFair has done a good job of “mainstreaming themselves” in recent years by sharing more of its profits with the racing industry in Europe. 

“It’s here to stay,” Powell said of Betfair and exchange betting. “When I was in the ADW world, I wished they would just go away, but I don’t feel that way anymore. We’re like an ice cream store that only sells vanilla, but you can go over to Baskin Robbins and get 33 flavors. We need variety.” 

Powell, who said he is optimistic the industry will find a solution to its present challenges, believes racing interests should look at developing their own betting exchange. “If the industry could somehow take this wagering crisis a little more seriously and rather than find ways to kill something, find ways to make it work, we can grow the gambling dollar,” he said. “A Betfair type of platform can be operated by U.S. racing interests. The economic model that Betfair offers is flawed, but we all agree our current model is flawed, too. I’ve got to believe a Betfair type of platform would work. Our product is stale, and our wagering levels are stale.”

INTEGRITY ISSUES REMAIN A CONCERN

The reason for declines in handle go beyond a limited product line, said Mike Maloney, a professional gambler in Kentucky who has become an outspoken advocate for horseplayers at industry conferences and who served as an ad hoc member of a Kentucky Horse Racing Commission Task Force. “We are at a very significant crossroads in racing,” Maloney said, “probably the biggest one in my lifetime. The financial crisis is magnifying our problems, but the problems have to be dealt with before racing can recover. The economy may improve, but racing’s problems will still be there.

“Our customer base is aging, and they’ve lost a lot of their faith in the integrity of racing,” he said. “As they age, they aren’t being replaced. The second problem is the takeout is too high. We can’t attract new players and are having a hard time holding on to existing ones. It’s exacerbated because the takeout keeps going up. With competition from other gambling opportunities, you can’t get away with that any more. It’s roughly 5% in other forms of gambling – sports, table games, trading options – but it’s 20% for us. New York just raised takeouts; trifectas are 26% now, and I just refuse to play it. Kentucky wants to raise takeout. What other business in this economic climate would consider racing prices? 

“Third,” Maloney said, “racing integrity problems are real, and they are not exaggerated. If anything, they probably are underplayed. Trainers who use drugs to cheat; unsecured wagering pools with outdated technology; unregulated participants allowed access into those pools. People are just beginning to learn about some of the problems in these areas. In the last couple of years the light is being shined on them. These are serious problems that need to be dealt with. Big players realize they can’t trust the pools they are playing money into.”

Finally, Maloney said, the corporate mentality of many racetracks has hurt the game. “There is a disconnect with customers with some of these racetrack holding companies. They don’t really understand their business, and there’s too much short-term bottom line thinking; cutting costs, worrying about the next quarterly report, and too little thought about long-term improvement of the product.”

Maloney, who called betting exchanges a “two-edged sword” because of how they would cannibalize pari-mutuel betting, said the industry has had a wake-up call after being “rocked by betting and drug scandals and threatened” by the federal government. “This crossroad we’re at, what we do from here, will determine the fate of racing.”  

(Do you have an opinion on how the industry reverses the trend in declining handle? We’re interested in your comments below and in your thoughts about betting exchanges, the subject of the Daily Paulick Poll, which can be found on the left-hand column of the Paulick Report home page.)

Copyright © 2009, The Paulick Report 

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