bravo mr paulick, bloodhorse

[Scav]

Originally Posted by hoovesupsideyourhead

thats the other guy...dwl did a number on that one time rich guy..

DWL does a number on all his horses

Originally Posted by Scav

DWL does a number on all his horses

This is why after all of the great things Lukas has done for this game, I still find it hard for me to talk to him or even look at him....it is a complex I probably need to just get over, but all I can think about when I see him on a backside is how big of a crook he is......It is very sad for a guy who loves this sport as much as I do to see some of its prominent figures like D Wayne (and MANY others who are every bit as big as Lukas, but I won't offer names) be such a disappointment and disgrace to horse racing.....I could cry I get so frustrated thinking about it.....

I mean, would Cash and Torre ever think about taking Steinbrenner's money and signing A-Rod for a $20 million signing bonus on the account that A-Rod kicks them back $5 million each?.....No...our sport is plagued by scandalist individuals that practice this unethical (and illegal, frankely) behavior on a consistent basis.....its pathetic..

In my opinion (and if I had the power to do it I would), I believe ALL bloodstock agents and trainers that are in a position to represent an owner and spend his money MUST be certified agents....to get certified they would have to take money mangement and ethics courses, etc....and if there was ever any violation by a certified agent then you pull his right to purchase for a timeframe that is fair and fine him....That system is a brainstorm and obviously a better process would probably need to be put into place - but the point is that we need to take measure to protect our games core investors.....only a VERY small percentage of the American public can affoird to be involved in this game - especially since there is nobody out there who could put a business plan together that would show this game as being an positive investment opportunity and not just a hobby (and this is not counting syndication groups) - thus we have really limited ourselves by the number of owners we can turnover in this game....If we don't maximize our opportunity of owners - such as accomidating people like Jess Jackson and helping him get invloved when he is willing to come in with hundreds of millions of dollars - then we are putting our game and it's reputation at serious risk for securing it's future IMO...

..I just am not sold that sindications are going to prove to save our game from an investors standpoint...it is a great thing but I know that I wouldn't feel that great about owning 1/100th of a horse and never had any control in that horse and most people don't like not having control when they know that they are facing what is likely to be a losing proposition from the beginning...we need to find ways to accomidate and protect guys like Eugene Melnyk, Jess Jackson, Ahmad Zayat (who may be getting zapped as we speak if you know what I mean), and many others who have made such a huge commitment to our game despite understanding that they will probably lose their asses financially.....I don't care how rich you are...Nobody likes losing money, and I certainly know that nobody likes getting ripped off!!!

We must change......

[SentToStud]

Originally Posted by Cunningham Racing

This is why after all of the great things Lukas has done for this game, I still find it hard for me to talk to him or even look at him....it is a complex I probably need to just get over, but all I can think about when I see him on a backside is how big of a crook he is......It is very sad for a guy who loves this sport as much as I do to see some of its prominent figures like D Wayne (and MANY others who are every bit as big as Lukas, but I won't offer names) be such a disappointment and disgrace to horse racing.....I could cry I get so frustrated thinking about it.....

I mean, would Cash and Torre ever think about taking Steinbrenner's money and signing A-Rod for a $20 million signing bonus on the account that A-Rod kicks them back $5 million each?.....No...our sport is plagued by scandalist individuals that practice this unethical (and illegal, frankely) behavior on a consistent basis.....its pathetic..

In my opinion (and if I had the power to do it I would), I believe ALL bloodstock agents and trainers that are in a position to represent an owner and spend his money MUST be certified agents....to get certified they would have to take money mangement and ethics courses, etc....and if there was ever any violation by a certified agent then you pull his right to purchase for a timeframe that is fair and fine him....That system is a brainstorm and obviously a better process would probably need to be put into place - but the point is that we need to take measure to protect our games core investors.....only a VERY small percentage of the American public can affoird to be involved in this game - especially since there is nobody out there who could put a business plan together that would show this game as being an positive investment opportunity and not just a hobby (and this is not counting syndication groups) - thus we have really limited ourselves by the number of owners we can turnover in this game....If we don't maximize our opportunity of owners - such as accomidating people like Jess Jackson and helping him get invloved when he is willing to come in with hundreds of millions of dollars - then we are putting our game and it's reputation at serious risk for securing it's future IMO...

..I just am not sold that sindications are going to prove to save our game from an investors standpoint...it is a great thing but I know that I wouldn't feel that great about owning 1/100th of a horse and never had any control in that horse and most people don't like not having control when they know that they are facing what is likely to be a losing proposition from the beginning...we need to find ways to accomidate and protect guys like Eugene Melnyk, Jess Jackson, Ahmad Zayat (who may be getting zapped as we speak if you know what I mean), and many others who have made such a huge commitment to our game despite understanding that they will probably lose their asses financially.....I don't care how rich you are...Nobody likes losing money, and I certainly know that nobody likes getting ripped off!!!

We must change......

Why the hell aren't they regulated or certified? I guess the problem is that there is no punishment severe enough to stop the unscrupulous types from doing their ill. There are probsably few, if any, barriers to entry into the professions you talk about. Just an ability and willingness to separate people from their money.

You cannot expect any change unless you are able to get people or entitities to put enough skin in the game so that it hurts very badly when things like this happen. them

Well this all depends on what direction the Guild wants to go in. If they want a trump card in negotiations the Jesse Jackson is not a bad ally to have. But you have to remember, Mr Jackson will want his lions share. If jockeys want a bigger slice of the pie then I think they hired a couple of good people. The past Germ was a liar and didnt have any skill at all. Mr Manely and Mr Jackson have successful past. I have a feeling Mr Jackson wont be around much until it is time for him to be on tv or to fill his pockets.

[Cajungator26]

Originally Posted by eurobounce

Well this all depends on what direction the Guild wants to go in. If they want a trump card in negotiations the Jesse Jackson is not a bad ally to have. But you have to remember, Mr Jackson will want his lions share. If jockeys want a bigger slice of the pie then I think they hired a couple of good people. The past Germ was a liar and didnt have any skill at all. Mr Manely and Mr Jackson have successful past. I have a feeling Mr Jackson wont be around much until it is time for him to be on tv or to fill his pockets.

I agree, Euro.

Bloodstock Agents are more and more getting the reputations as the Lawyers of the Horse Racing Society......It is not prestigious to be in that profession this day and age in our game.....the best thing that new owners need to do is learn a bit about the game before they dive in head first and entrust these packs of wolves with their money.....My father invests more money into the game now for the SOLE REASON that he can trust me handling his business, but most investors have to trust people they have had no previous dealings with and this sport breeds more unethical behavior than maybe any other in the world.....

The sad thing about our game though is that even true certified professionals find a way to cheat and steal too......I know many Vets, Blacksmiths and van compaies that have also participated in a healthy share of overcharging owners, and it is harder to do anything about that....

[Cajungator26]

Originally Posted by Cunningham Racing

Bloodstock Agents are more and more getting the reputations as the Lawyers of the Horse Racing Society......It is not prestigious to be in that profession this day and age in our game.....the best thing that new owners need to do is learn a bit about the game before they dive in head first and entrust these packs of wolves with their money.....My father invests more money into the game now for the SOLE REASON that he can trust me handling his business, but most investors have to trust people they have had no previous dealings with and this sport breeds more unethical behavior than maybe any other in the world.....

The sad thing about our game though is that even true certified professionals find a way to cheat and steal too......I know many Vets, Blacksmiths and van compaies that have also participated in a healthy share of overcharging owners, and it is harder to do anything about that....

That is SO true, Joel... it's like that all across the board in the horse world. Showing jumpers was the same way for me. It used to cost me $115 every 5 weeks for shoes ALONE per horse.

Here's the thing though for me... IMO, if an owner is ignorant about the business, then they should make an active effort to become as knowledgeable as possible before jumping in head first. I think that more often than not, people are ignorant about things and ignorance is a HUGE problem. It's nobody's fault but your own if you don't know what kind of game you're getting into. I'm not saying that its right for owners to get ripped off, but if more people knew what they were getting into, there would be less chance of them getting ripped off.