Word: owners
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Thoroughbred trainer Bob Baffert, whose horses won the Kentucky Derby in 1997 and '98, didn't have a steed good enough to enter this year's Run for the Roses. Neither did Russell Reineman, a Chicago businessman and stable owner who had been trying to unload a Derby hopeless called War Emblem--a 3-year-old with a small chip in each ankle and a big chip on his shoulder. "He's a mean-spirited horse," notes Baffert...
...Baffert saw something in War Emblem that Reineman didn't--a nasty competitor begging to get loose on a big track. So did Prince Ahmed bin Salman, an American-educated, Saudi Arabian stable owner who had charged Baffert with finding him a Derby runner, and the two hoped their hunch would pay off. Did it ever. War Emblem won the Derby in style, going off as a 20-to-1 shot and leading wire to wire. Two weeks later, in the Preakness, the "speed" horses were supposed to drain War Emblem like a cheap battery. He won going away. "Baffert...
...Ambassador back in 1991. It's not the only thing they have in common. Armani, with sales of some $1.1 billion a year, is one of the most successful fashion designers in the world (he trails only Ralph Lauren, who has some $2 billion) and as sole owner of his firm, he is often counted as the richest. But in such lists, the name Pierre Cardin is often forgotten. Cardin's strategic decision to put his name on over 1,000 different products may have made him the poster child for bad brand management...
...Dean Joseph S. Nye also mentioned Mitchell’s challenge as a Major League Baseball owner, saying the real question for the former senator was whether this would at last be the year...
Whitehead says that the majority of the building would have to be funded with private money, so he is working closely with a variety of real estate developers, including the owner of a 99-year lease on the site...