Thorn Song confusion furthers Zayat intrigue
 

hell of a way to find out thorn song is dead. have to say, when i saw the title i was worried...

douche!!!

Zayat seems like a real gem.

Z Fraudster

wow

"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?

A guess would be he foundered.

I have seen Mitchell do some pretty amazing things.

http://www.youtube.com/watch?v=x1eDxB94YjE

what a beauty, and a beauty of an effort.

think romans had him for this race right?

Bizarre.....I've seen everything now :mad:

this is nothing new in the horse industry, I mean strange deaths for insurance cash..:eek:

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.

He might be a JO? A lot of folks lined their pockets selling him stock at ridiculous prices. I dont discount he might not be a great guy? He did THROW millions into the game at the top of the market and that has got to hurt.

Never thought I would say this but I am rooting for the Bank.

Why whats the bank going to do for you or RACING? You could be thinking about how crappy it is to come into a business and be fed to wolves for millions. Sanaan talks about how he got mauled by Bloodstock agents and other crimnals, you think it's great news that Zayat, who seemed to want to be a huge part in the sport is broke? I don't, I just thinks its another sad commentary on the sport. While I am sure Zayat is no saint, the sport needs owners spending 10 15 mil a year on racing not thieves lining their pockets waiting for the next sucker.

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?

Dude, cool your jets. I was speaking to hiding the death of the horse to hide the fact that he received insurance money. I hear what you are saying but I can't give him a pass just because he is in the business just like I don't give Tanaka or David H Brooks a pass because they were in the business.

RIP Thorn Song