spendthrift farm

BREEDERS’ CUP: TRANSPARENCY AND DEMOCRACY?

By Ray Paulick President Barack Obama, on his first full day in office, called for higher standards in transparency and accountability for his administration. While there already have been some bumps on that road, our new president’s demands are in line with a broader movement toward greater transparency, accountability and openness, not only in government […]

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EQUINOMIC STIMULUS?

By Ray Paulick An industry that saw a $1-billion drop in wagering and a nearly $250 million decline in bloodstock sales in 2008 could use a little economic stimulus. Unfortunately, no such outside plan exists for the Thoroughbred racing and breeding industry in the United States – no federal bailout or earmarks in the massive […]

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DID STAKES ROW CAUSE HUGHES TO LEAVE BC BOARD?

By Ray PaulickB. Wayne Hughes has stepped down from the Breeders’ Cup board of directors less than three weeks after the board was involved in the controversial decision to suspend and later reinstate the 2009 stakes supplement program. A self-made billionaire who founded and chairs Public Storage company, Hughes, 75, is a prominent West […]

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