Word: calumet
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Dates: during 1990-1999
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...baseball, it's the New York Yankees. In basketball, the Boston Celtics. In Thoroughbred racing, it's Calumet Farm. Since 1931 the Lexington, Ky., breeding farm and racing stable has produced two Triple Crown horses, nine Kentucky Derby champions and six Horse of the Year Eclipse Award winners...
...years of mismanagement buried the farm under $127 million of debt, and owner Bertha Wright, who inherited Calumet in 1982, filed for bankruptcy protection in July. Last week all 850 rolling acres of Kentucky bluegrass, 15 red-and-white barns, a 14-room mansion and assorted trophies and memorabilia went on the auction block. Polish-born horseman and aviation magnate Henryk de Kwiatkowski, 64, got the 770-acre main parcel with a $17 million bid. De Kwiatkowski, who also paid $210,000 for the Calumet name, announced that he would keep the farm's staff and operate it as before...
...August, U.S. Customs investigators arrested members of a secret Croatian-support group as they tried illegally to buy Stinger and Redeye antiaircraft missiles, night-vision goggles and other American combat goods. Seeking assault rifles, members of the group simply walked into Doug's Sport and Gun Shop in Calumet City, Ill., and ordered...