Awful: 'Mattress Mack' fires Borell day after fairytale BC Sprint win

[Danzig]

Originally Posted by Dunbar

I had the same reaction. It makes no sense to purposely lose money so that you pay less taxes on your other income. You still come out a net loser on the combined income/loss. The guy is stupid, but probably not that stupid. Or, at least his accountants are probably not that stupid.

i don't recommend using logic to try to understand illogical things or people. it'll give you a headache!

[Seattleallstar]

It hasn't been pointed out yet that Maria is quite the cutie too

[RHT2004]

Originally Posted by Seattleallstar

It hasn't been pointed out yet that Maria is quite the cutie too

I said it on here after seeing her at Saratoga. She's beautiful.

[GenuineRisk]

Originally Posted by Danzig

i don't recommend using logic to try to understand illogical things or people. it'll give you a headache!

True 'dat. Like, why does a guy worth $70 million not just pay the woman the $126,000 she claims she's owed and be done with it.

That said, there's no one like the ultra wealthy to be ultra cheap.

I'm also skeptical the issue was over trying to create a tax loss, because, if he's been losing money every year on the horses, the IRS likely doesn't let him claim them as deductions anymore anyway. Hobby loss, or something like that.

If anyone's interested, this article explains profit and loss in the horse business pretty well:
https://asci.uvm.edu/equine/law/horselaw/hobby.htm

The particular one that I think would make it hard for the Mattress King to declare the racing expenses a loss against his other income is:

"8. Taxpayer's financial status. The fact that the taxpayer does not have substantial income unrelated to the horse activities may indicate that the activity is engaged in for a profit. The cases in which the IRS challenges deductions under the hobby rule are cases in which the taxpayer has a very substantial income from sources unrelated to the horse activity."

[blackthroatedwind]

With all due respect, do people here make the same sort of snap judgments in their everyday lives that they are making in this thread? If so, how does that work out for you?

There are a lot of moving parts in this discussion, and I think it's at least reasonable to assume the story is not as black and white as people here, and all over the internet, are suggesting.

[Alabama Stakes]

3 sides to every story. His / hers / the truth. Pretty sure it's been like that for 100 years

[10 pnt move up]

Originally Posted by blackthroatedwind

With all due respect, do people here make the same sort of snap judgments in their everyday lives that they are making in this thread? If so, how does that work out for you?

There are a lot of moving parts in this discussion, and I think it's at least reasonable to assume the story is not as black and white as people here, and all over the internet, are suggesting.

of course, but what kind of fun is that logic.

[Danzig]

Originally Posted by blackthroatedwind

With all due respect, do people here make the same sort of snap judgments in their everyday lives that they are making in this thread? If so, how does that work out for you?

There are a lot of moving parts in this discussion, and I think it's at least reasonable to assume the story is not as black and white as people here, and all over the internet, are suggesting.

i have no doubt that is true.
i haven't made any judgements, because there's always at least three sides to every story...
but i did want to make sure anyone saying 'tax write off' knows that he can't have a loss each year, else it's a hobby.

as for the firing, i don't know why anyone would be surprised that he fired his latest trainer, he has quite a track record of that.

[jms62]

We are not in the industry nor do we have a means to talk directly to the parties therefore we shouldn't voice an opinion based upon what is being presented in the media and on the Internet. Business as usual.

[blackthroatedwind]

Originally Posted by jms62

We are not in the industry nor do we have a means to talk directly to the parties therefore we shouldn't voice an opinion based upon what is being presented in the media and on the Internet. Business as usual.

Nobody said that ( except you ). What I suggested was that people, given there is no way they know the actual story, might want to at least be a little more open to there being more to the story.

[jms62]

Originally Posted by blackthroatedwind

Nobody said that ( except you ). What I suggested was that people, given there is no way they know the actual story, might want to at least be a little more open to there being more to the story.

There is no way to know any "actual story" unless you are one of the two parties. All people can do is comment on is what has been presented to us by the media. That applies to any story. The "Snap Judgement" you cite may be due his history with previous trainers and people not giving him the benefit of the doubt based upon that. I would really be interested on Chuck Simon's take on this.

[Arletta]

Originally Posted by blackthroatedwind

With all due respect, do people here make the same sort of snap judgments in their everyday lives that they are making in this thread? If so, how does that work out for you?

There are a lot of moving parts in this discussion, and I think it's at least reasonable to assume the story is not as black and white as people here, and all over the internet, are suggesting.

The guys reputation speaks for itself and any criticism made towards him is more than warranted. No one respected the guy much before this, and even less so now. He deserves all the backlash that he is getting.

[Holybull1]

Originally Posted by blackthroatedwind

With all due respect, do people here make the same sort of snap judgments in their everyday lives that they are making in this thread? If so, how does that work out for you?

There are a lot of moving parts in this discussion, and I think it's at least reasonable to assume the story is not as black and white as people here, and all over the internet, are suggesting.

Surprisingly, not much has been mentioned about this whole saga by Steve on ATR.

[OldDog]

Originally Posted by Holybull1

Surprisingly, not much has been mentioned about this whole saga by Steve on ATR.

He pretty much said his peace Tuesday (2nd hour).

[Holybull1]

Originally Posted by OldDog

He pretty much said his peace Tuesday (2nd hour).

My bad. I've caught most of this week's shows, but must not have listened to that segment yet.

[Revidere]

Originally Posted by Holybull1

Surprisingly, not much has been mentioned about this whole saga by Steve on ATR.

Because like everything else in today's society, it's a microwave saga spurred and egged on by social media. For people that don't "want" to hash this out publicly, they both are out there....

[Kasept]

Originally Posted by Holybull1

Surprisingly, not much has been mentioned about this whole saga by Steve on ATR.

I called McIngvale's operation 'laughable connections that would never win' in January on twitter as well as on air and feel that the assertion has been borne out even with Runhappy's success. You can hear my comments on the latest imbroglio ham-handed Gallery Racing finds itself in from Tuesday's show at the start of Hour 2.

I wanted to make sure that it was clear that bloodstock agents Kerry Thomas and Pete Denk received appropriate credit for finding the horse and driving his purchase (despite the spin machine claiming otherwise) and that when I saw Runhappy up close before and after the King's Bishop, only Maria Borell was around him. Those are 2 of the facts I could speak to directly. I won't engage in the reporting of innuendo and smears as being practiced by the dysfunctional, shockingly bizarre horse owners.

[Holybull1]

Originally Posted by Kasept

I called McIngvale's operation 'laughable connections that would never win' in January on twitter as well as on air and feel that the assertion has been borne out even with Runhappy's success. You can hear my comments on the latest imbroglio ham-handed Gallery Racing finds itself in from Tuesday's show at the start of Hour 2.

I wanted to make sure that it was clear that bloodstock agents Kerry Thomas and Pete Denk received appropriate credit for finding the horse and driving his purchase (despite the spin machine claiming otherwise) and that when I saw Runhappy up close before and after the King's Bishop, only Maria Borell was around him. Those are 2 of the facts I could speak to directly. I won't engage in the reporting of innuendo and smears as being practiced by the dysfunctional, shockingly bizarre horse owners.

Yes, I missed that before. Handled with class on the show. Great job as usual.

[Danzig]

Hmm, what do you know. Picked up the oct 31 bloodhorse to read on the road, and theres an article about mac, runhappy, etc...with mack saying he wsnts his horse to be the most popular in racing.
and the racing manager....she heads the furniture service dept....

[letswastemoney]

I took this picture two weeks ago!


https://twitter.com/LadyAndTheTrack/...626638849?s=09

Maria answered every question I had and just seemed like a nice person overall. I hope I get a chance to meet her again one day.

And I agree that she is beautiful too.