Aug 2, 2011
Novogen Sells Consumer Health Business For $10m; Bioniche, Plasvacc Deal Falls Through; Bluechiip Gearing-Up For Commercialization; Anteo Appoints Mark Bouris Chairman; Federal Grant Underpins Vaxxas $15m For No Needle Patch; Cellmid Completes Technology Transfer, GMP Production; Up To 30% Of Votes Oppose Viralytics 29m Director Options; Leaf Appoints Ken Richards CEO, Dr Jay Hetzel Director; Orbis Takes Profit On More Acrux Shares; Australian Ethical Takes 13% Of Avita; Bone Appoints Founder Dr Roger New Chairman
Since history is usually placed in chronological order, the trend continues today. Thoroughbred horse racing was a very popular sport in eighteenth century England; along with baseball, cricket, and field hockey (Masteralexis, Barr, & Hums, 2005). Positions of political and social power were appointed to men with wealth; most of those positions being horse owners, track or club owners, and other various supervision roles. Each club in the given area had its own set of rules, which were created by the owner; sometimes even to work in his own favor. Complications often arose when a rider from one track would race at another as rules varied (Masteralexis, Barr, & Hums, 2005). And by the 1830's with the innovation of railroads, horse owners wanted to compete nationally to increase profits, and breed with new horses to create faster horses. Naturally a new management style was needed, but this was only the first complication of two. The second was gambling.