In the December 30, 1967, edition of the weekly Thoroughbred trade publication, the Blood-Horse, was an announcement that took up one inch of space-James E. "Ted" Bassett III had been named assistant to the president of the Keeneland Association. It was sandwiched between equally short news items about a handicapping seminar at an East Coast racetrack and a California vacation trip by a horse-owning couple. Bassett's new job, in his own words, "was...