The financial crisis is threatening Kentucky’s horse-breeding industry.
Wall Street bonus money is disappearing from the bloodstock business, banks’ equine lending teams are denying credit and a stronger dollar is deterring foreign buyers.
By Andrew Edgecliffe-Johnson in New York
Published: December 7 2008 23:21 | Last updated: December 7 2008 23:21
The financial crisis is threatening Kentucky’s horse-breeding industry.
Wall Street bonus money is disappearing from the bloodstock business, banks’ equine lending teams are denying credit and a stronger dollar is deterring foreign buyers.