After the venerable and influential news show 60 Minutes aired a piece on horse racing last week, people within the industry were understandably upset. The story was ugly, filled with graphic and grisly coverage of horses breaking down, and portrayed racing as a sport where drugs, corruption and horse fatalities had reached the point of being out of control. "Horse racing is an industry where extremely devoted people labor because of one common thing: we all love horses, especially thoroughbred horses," Denali Stud's Craig Bandoroff wrote to 60 Minutes. "That...