Word: ascot
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...Taken together, it all makes you think of those wide-brimmed hats that English women wear to the races at Ascot. The stated purpose of the canopy is to act as a vast, three-acre sunscreen, making the plaza a more inviting place to mingle even on hot summer days. The unstated purpose is to give an otherwise highly distilled structure an extra bit of geometric gee-wizardry. Which it does...
...Kadyrov's racehorses have already found fortune at prominent equestrian events. Bronze Cannon, a four-year-old thoroughbred, won the prestigious Hardwicke Stakes race at Ascot in July. His Indian Jameson stallion won the honor prize at the Moscow Hippodrome's 175th anniversary. Russian tabloid Komsomolskaya Pravda reported on July 18 that Kadyrov had entered no less than 11 racehorses into the Moscow event, all of which, Kadyrov told the paper, belong to Chechnya, as do the two horses entered into the Spring Carnival. With Kadyrov's official income declaration of an $110,000 salary and a 36 square-meter...
...more and more riders adopted the idea. That's a huge bump in speed in a sport that invented the term "win by a nose." In 1897, riders in the U.K. began picking up the practice, and by 1910, they were moving faster too. (See pictures of the Royal Ascot...
...York has filed this hasty and ill-conceived civil lawsuit, against which we intend to defend vigorously," said Merkin's lawyer, Andrew Levander, in response to the charges. "The evidence shows that this lawsuit is without merit. Contrary to the Attorney General's allegation, investors in the Ascot Funds were well aware that the money was being invested with Madoff...
...some cases, Cuomo says, Merkin told investors only 15% of Ascot investments were placed with Madoff. In reality, the entire fund was invested with the Ponzi scheme, the suit alleges. In another example, the suit says Merkin told investors all of Ascot's assets were maintained in a Morgan Stanley brokerage account, and not with Madoff. In addition, Cuomo charges, Merkin "commingled his personal funds" with his investment funds for his personal benefit, including the purchase of over $91 million in artwork for his New York apartment...