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How to Make Trainer Suspensions Matter

One of the most consistent complaints regarding enforcement of racing’s drug rules is that a suspended trainer can hand off his or her horses to an assistant or relative and sit out the suspension while the horses remain in the barn and while their training routine continues uninterrupted. A current case in point is New York-based trainer Rudy Rodriguez, suspended for 20 days last month for two instances where his horses tested positive for Banamine, a non-steroidal anti-inflammatory drug (think Advil for equines) that can be used in training, but not on race day. Since starting his training career in 2010, Rodriguez has won 350 races, ranking among the top NY trainers at virtually every meet. In 2012, he ranked 15 th nationally in number of races won and 19 th in earnings. This year, as of the start of his suspension, he was ranked 6th nationally in earnings. He’s also been the subject of the usual backstretch rumors that follow every trainer whose win percentage is far above average...

The Business April 3rd, 2013: The BARATUNDE THURSTON Edition WITH BARATUNDE THURSTON

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WHY AREN’T YOU LINED UP OUTSIDE THE DARK ROOM ALREADY?!? The Business is never a show to miss, but this week… THIS WEEK.    We are welcoming two splendid guests: Frank Chu and Boutros-Boutros Ghali. BARATUNDE THURSTON.   Baratunde Thurston is a politically-active, technology-loving comedian from the future. He co-founded the black political blog, Jack and Jill Politics and served as Director of Digital for The Onion  before launching the comedy/technology startup Cultivated Wit . Then-candidate Barack Obama called him "someone I need to know." Baratunde travels the world speaking and advising and performs standup regularly in NYC. He resides in Brooklyn, lives on Twitter and has over 30 years experience being black. He writes the monthly backpage column for Fast Company , and his first book, How To Be Black , is a New York Times best-seller. And the wonderful Wonder Dave Wonder Dave is a writer and performer from Minneapolis MN. not to be confused with Super ...

Bye Bye Nipper

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To my generation, Nipper is an old treasured friend. Nipper is the dog you see on that immortal brand logo of His Master's Voice, better known as HMV. Most of us , in the good old days, owned a HMV Radio and certainly bought a few HMV records - or at least one or two, for the money would stretch only so much those days. In India, until Television really came to the country along with the Asian Games of 1982, HMV radio was the prime entertainment medium of the land. HMV has now gone into receivership and , I'm afraid Nipper will now be consigned to a dusty shelf in some museum. Nipper, was Mark Barraud's dog and lived in the late 1800s in Bristol in England. On his death, a sorrowful Barnard painted the famous picture of Nipper listening to a gramophone with a puzzled expression and sold it to the Gramophone company. A marketing genius there called William Owen made it the logo of the business and thus was the immortal His Master's Voice born. The Gramophone Company star...
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When my fiancé  first left for his MBA project in China, I was like: but I realized my friends are all still in town, and now we're like:

[Re-] establishing the relevance of legacy news organizations

Legacy news organizations (newspapers, magazines, and broadcasters) are confronting three critical relevance challenges as the digital world matures: Changing business configurations and characteristics, declining value of traditional news and informational content, and unhealthy attitudes toward audiences. These challenges will need significant attention if they are to be successful in the new information environment.   During the twentieth century news products were widely used, fast-moving consumer goods. Because media operated in relatively inefficient markets, news organizations were cash-producing investments with high cash flows that yielded high profits. Newspapers had asset-heavy balance sheets and excellent equity positions. The business drivers of the legacy news industry in the latter half of the twentieth century were g rowing consumption in absolute audience sizes (but declining penetration that most executives ignored). Companies changed high prices for advertis...

The economics of an election

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My state is coming into election time. The politics of it - who will win; who will lose, etc is beyond the purview of this blog. But this blog will certainly muse on the economics behind it. I am foxed as to why anybody wants to stand for any election - for the economics behind this is akin to a Las Vegas casino. On a conservative estimate, each candidate would spend about Rs 15 crores in each assembly seat ( see this speech as evidence of such numbers). More than three quarters of it is not for campaigning, but to bribe the voters (shame on you and me). Traditionally it used to be just cash and liquor.  But apparently now even water drums, watches, sarees and T shirts feature, as evidenced by this photograph and this article from The Hindu today. The number of assembly constituencies in Karnataka is 224. There are four political formations in the fray. So that makes for 900 serious candidates. At Rs 15 crores per candidate, that amounts to an expenditure of Rs 13,500 crores ....
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Taking my husband pretty much anywhere besides the B-School and nearby bars is like: