Drawing on interviews with many of the principals and a voluminous public record, Wall Street Journal correspondent Auerbach provides a generation-spanning chronicle that ranges from the legendary stable's founding by a baking-powder magnate during the early years of the century through its sale at auction in 1992. Owned by the Wright family, Calumet bestrode the sport of kings like a colossus, breeding more Triple Crown winners than any of its rivals and setting the pace in a high-stakes enterprise. In mid- 1982, however, Lucille Parker Wright Markey died at 93, and control of the farm passed to a son-in-law, John Thomas (aka J.T.) Lundy, a good-ole-boy local whom the matriarch had treated with all the warmth accorded a poor relation. In piecing together how J.T. managed to bankrupt a prospering institution less than a decade after gaining the whip hand, Auerbach leaves little doubt that he was never up to the job intellectually or psychologically. The arriviste squire of Calumet used his status to wheel and deal on a fast global track during much of the 1980s. Backed by international bankers, Wall Street money men, mobsters (including a couple of John Gotti's capos), and nouveau riche investors clamoring for a piece of the action, he took an early lead in his run for the roses, but changes in federal tax law, overbreeding throughout the industry, a crushing debt burden, and other handicaps brought him down. Lundy's fall put paid to Calumet. An era ended with the dispersal of the farm's bloodstock and the property's acquisition by an outsider.
A sorry tale, well told, that lends new meaning to the phrase "riding for a fall." (8 pages b&w photos, not seen) -- Copyright ©1994, Kirkus Associates, LP. All rights reserved. --This text refers to an out of print or unavailable edition of this title.
This was well written book. It included good history in order to understand the famous, or infamous, farm's story.Published 5 days ago by Linda L.
Holy cow. Who knew? Great true story written in a captivating fashion...let's you in on the inner working GS of one of the most famous stables of all time... Read morePublished 20 days ago by romancelover
A tragedy and a travesty of epic proportions for Alydar. This is an eye-opener on the brutal treatment that he received from those he trusted most. Read morePublished 1 month ago by Starzagazin
As a novice to horse racing, I asked our private tour guide of the racing farms what book he would recommend. He suggested this one. Read morePublished 1 month ago by G. Black
I could NOT put this book down! As a resident of Kentucky, I became intrigued by the multi-billion dollar thoroughbred horse industry. Read morePublished 3 months ago by Sunnyside
Great book. Hard to get into at first. The depth of details is fascinating. Human greed factor in this book is unbelievable.Published 3 months ago by Joan Benford
I learned a lot about the horse racing and breeding industry. It was en enjoyable and educational read. Read morePublished 3 months ago by Phyllis M.
This was an interesting read for some who are interested in horse racing history. The middle of the book got dragged down by endless details of transactions that could only be... Read morePublished 4 months ago by M. T. Roppel
sad story of horses cruelly killed for insurance money and greedPublished 5 months ago by Amazon Customer