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...executive and his son were among 17 people implicated in an insider trading scheme involving the company's then-secret plans to take over other firms. Authorities said the ring was masterminded by former company executive Charles Brumfield of New Jersey who pleaded guilty to parlaying knowledge of AT&T takeover plans to help friends and family net $2.6 million by purchasing stock at advantageously low prices before other investors were aware of the possible deals...

Author: /time Magazine | Title: AT&T EXEC ADMITS HE HAD INSIDE LINE | 2/9/1995 | See Source »

...Kentucky Derby leading every step of the way. But Jockey Don Brumfield kept insisting that wasn't Kauai King's natural way of running. In winning seven of twelve previous races, the dark bay, three-year-old colt had come from behind every time. In the Preakness last week at Pimlico, under Brumfield's sure rein, Kauai King reverted to his old ways. The result was even more impressive than at Churchill Downs...

Author: /time Magazine | Title: Horse Racing: Two Down, One to Go | 5/27/1966 | See Source »

...named Stupendous. It was quite a tussle while it lasted. Overtaking Kauai King's early lead, Stupendous surged ahead in the backstretch, at one point opened a four-length gap. Not until he entered the homestretch did Kauai King start to come on. Responding to the sting of Brumfield's bat, his tongue lolling out of his mouth, he finished with a fantastic burst that carried him to a 1¾-length victory. Time: 1 min. 55 2/5 sec., second-fastest clocking since the Preakness was lengthened to 1 3/16...

Author: /time Magazine | Title: Horse Racing: Two Down, One to Go | 5/27/1966 | See Source »

...fair return on Owner Mike Ford's original $42,000 investment. It also made Kauai King the early-line favorite to win next month's Belmont Stakes and become the first Triple Crown winner since Citation in 1948. "Racing needs a Triple Crown winner," said Jockey Brumfield. "I definitely know...

Author: /time Magazine | Title: Horse Racing: Two Down, One to Go | 5/27/1966 | See Source »

...while, Brumfield thought he didn't either. He prayed all the way to the wire ("I turned my eyes to heaven, and I said, 'Help me now, Lord, 'cause I need you.'"). At the finish, Kauai King was one-half length ahead of Advocator and Blue Skyer. Panted Winning Jockey Brumfield: "I am the happiest hillbilly highboots you ever did see. This is one whole great blissful thing...

Author: /time Magazine | Title: Horse Racing: Crown for a King | 5/13/1966 | See Source »

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