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 not earthshaking news." More than four decades later, Ted Bassett is one of the most respected figures within the global Thoroughbred...