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Thorn Song confusion furthers Zayat intrigue
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hell of a way to find out thorn song is dead. have to say, when i saw the title i was worried...
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douche!!!
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Zayat seems like a real gem.
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Z Fraudster
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wow
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"Trainer Mike Mitchell said at the time that Thorn Song, the son of Unbridled's Song, was unlikely to make the Breeders' Cup, where he had been a leading contender for the Mile. "It's a small chance," Mitchell told the Form."
ummmm....small chance eh? Did Mitchell think he could get Thorn Song to rise from the dead? How did he die anyway? From the foot abscess? |
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Bizarre.....I've seen everything now :mad:
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Just a curiosity, where there BC Future Bets made on this horse after the day he died? If there were, shouldn't Zayat be charged with fraud because of this? He had inside information, that his horse was dead. If this occurred in the stock market, he would have been in taken care already.
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Never thought I would say this but I am rooting for the Bank.
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Actually Fifth Third is one of the leading banks in racing. Many banks wont extend credit for something as risky and 5/3 has kept many racing/breeding operations afloat when times are bad.
Banks lend money and charge interest on it. Both parties have to agree to the deal. Banks treat the superrich differently from the average schmoe. Thy extend more credit and offer more generous terms so that when they superrich client will transfer more business to them once the immediate need for creit if past. Fifth Third was probably pretty sure that Zayat had a temporary need for extra cash and would be able to repay soon. It appears that not only was that not the case, he had chosen NOT to disclose a large insurance settlement that could have been used to offset debt. If it is determined that the value of Thorn Song was used as collateral for the loan it is all the more a problem as Zayat, by collateraizing the horse effectively made 5/3 a partner in the horse. You cannot destroy collateral and accept an insurance payment on it and then not inform the leander that it is gone. Also, the JC rules say that owners are reuired to submit a death certificate to the JC if they have papers. Zayat didn't do so which begs a few more questions. Does he have the papers? Does Fifth Third Bank have them? Was he just trying to be sure that no record of the death was avaialble? Why? |
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RIP Thorn Song
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I really don't enjoy strip clubs at all. To each his own, but I just don't get how they're enjoyable....Lounges/clubs sure, strip clubs----not so much.
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get hammered drunk, listen to music, joke with your friends, and watch beautiful (not always) naked woman dancing sexy.. its fun when you are using other peoples money!! ;) (thanks Sniper) |
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I think Tiger was laying pipe in a Perkins waitress .....
We are infested with those around these parts. |
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Heck of a way to hear about Thorn Song. Too bad.
Seems like a good time to re-read "Wild Ride", if one wants to refresh about pyramid schemes, financial over-extension, bloodsucking agents, and financial fraud in a business that depends upon the performance of living animals to make money. |
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Freddy .... I'm feeding the homeless prime rib buffets complete with free beer.... that's the difference between guys like you and me.
Sure, you probably buy meals for family and friends ... but when have you ever made an effort to round up our not so fortuante fellow degenerate crazies and unleash them? |
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THORN SONG ALIVE...
http://www.kentucky.com/horse_racing/story/1131477.html http://www.bloodhorse.com/horse-raci...nsurance-check edit... and then there's this... http://cs.bloodhorse.com/blogs/wgoh/...n-liebman.aspx |
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i was hoping it would turn out an incorrect story, but thought the chances of that were nil. they going to rename him lazarus, if in fact he's still alive? at this point i'd say someone needs to show the horse so we know for sure. |
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