by Blood-Horse Staff Date Posted: December 18, 2008 Last Updated: December 18, 2008 Breeders’ Cup, under fire for a plan to suspend the Breeders’ Cup Stakes program, issued a memorandum Dec. 18 that in part explains the organization’s financial situation and investment strategy. Elimination of the Stakes program was announced late the week of Dec. 7, but the decision was reversed Dec. 16. Th
Date Posted: December 17, 2008 Last Updated: December 17, 2008 By Lenny Shulman and Ron Mitchell The Breeders’ Cup board of directors has decided to fund the Breeders’ Cup Stakes program for 2009 by using money from the organization’s reserve fund, according to a statement dated Dec. 17. The statement confirms a report on bloodhorse.com Dec. 16 saying the organization would reverse its previo
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