Tonight we talk with a prominent and controversial judge on the 9th Circuit Court of appeals. You are being unreasonable. Alex kozinski, a conservative appointed by president reagan. My advice would be to whoever is going after judges by name, whether its the president or anybody else, i think its a terrible idea. I dont think its a very smart thing to do. Were riding with jockey eric poretz. Cmon, tony its one of the many races in the fall and spring, when timber jockeys roam the Rolling Hills of virginia, maryland and pennsylvania, in the runup to the maryland hunt cup. Give me some room the sport originated in ireland 250 years ago, when horsemen raced through the countryside, jumping hedges along the way. Youre approaching a five foot fence. Whats in your head . Well, number one, you hope youve been livin right. laughter im steve kroft. Im lesley stahl. Im bill whitaker. Im anderson cooper. Im charlie rose. Im scott pelley. Those stories, tonight on 60 minutes. 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Bumpadum, bumbumbumbum kroft the name bloomberg is a worldwide brand that could refer to a number of things a cable channel; a radio network; a news service; a magazine; or a 75yearold former mayor of new york, who founded the Bloomberg Financial media empire and flirted with running for president. According to forbes magazine, Michael Bloomberg is the 8th richest man in the world, and one of a growing number of extremely wealthy people who plan to give most of their money away, releasing a torrent of private philanthropy that is already having an impact on the country. Of that group, Michael Bloomberg is one of the most interesting and straightforward, and he agreed to talk to us about how he came to accumulate 47 billion, and what he hopes to accomplish by giving it away. Michael bloomberg oh, its more money than anybody could possibly spend on themselves. The issue is, what can you do with it . You cant take it with you. Although, i have a cartoon at home of a guy on his death bed in a hospital with the rails around, and his family looking down like vultures. And he looks up and he says, i know i cant take it with me, but i can take the access code. laughter kroft at 75, Mike Bloomberg, as he likes to be called, is a long way from retirement. Most days, youll find him in the gleaming ozlike tower that bears his companys name a highenergy, egalitarian workplace, at the crossroads of media, Information Technology and capitalism. This is an incredible building, office building. It looks like i dont know what it looks like. Bloomberg what im tryin to do is to create excitement. So people say, my goodness, whats going on here . Theres Something Different about this company. The employees, you want them to get psyched. And its a chance to meet each other. My job is to get people to work together. Kroft with free food and no offices, even for bloomberg, this might be considered one of the worlds great Corporate Headquarters if it werent for the fact that bloomberg l. P. Is not a corporation. Its a limited partnership, a private company, and 85 of all of this and a lot more, belongs to Mike Bloomberg. Is this is a Technology Company . Is it an Information Company . Bloomberg yes and yes. We try to get information people need, store it, present it, and let you use it. Kroft when bloomberg started out as a clerk on the wall street trading desk of Salomon Brothers in 1966, he thought there must be a better way to get uptotheminute Financial Data than combing through the wall street journal. He spent 15 years trying to convince his partners at salomon that computers could be the answer. When they fired him in 1981, he used his 10 million severance to hire three young engineers and launch his startup. Bloomberg when i started the company, it was before p. C. s were invented. I know you dont think there was a day. We literally built our own. And the internet hadnt been invented, so we created our own. Wed rent a telephone line and then had a little device that let you branch out when you got to chicago or wherever. Kroft ever since then, Mike Bloomberg has pretty much done things the way he wants to. Bloomberg where else have you seen a curved escalator . We needed a curved one. It fit into the space, and the architect said, doesnt exist. And i said, you go to japan, youll find a curved one. And they did, of course. Kroft bloomberg has a degree in Electrical Engineering from Johns Hopkins university, and it is that discipline of an engineer that defines his character and personality detached, analytical, pragmatic. These are some of the words that people have used to describe you. Tell me bloomberg are these all my relatives, or . laughs kroft no, no, no. No. I dont think so. Well, maybe. laughter bloomberg depends whether its good or bad. Kroft blunt. Bloomberg i tend to be reasonably blunt, maybe a little bit too much. But i just i always respected people that tell the truth. And ive always wanted people to tell me the truth. Kroft selfconfident. Bloomberg reasonably self confident. Been successful. Dont think that im id im infallible. I will always make mistakes. Kroft arrogant. Youve certainly heard people say that. Bloomberg i suppose i come across that way, sometimes. But my mother would have told me, dont. Kroft even his late mother would probably forgive him for the occasional lapse of humility, given the size and the scope of the bloomberg empire. Nearly 20,000 employees in 192 locations around the world, gathering, writing, transmitting, and analyzing information that will move markets. Bloomberg these people are doing oneminute Radio Business updates for a hundred different radio stations around the country. Kroft but the real money and most of the profits come from a mysterious piece of equipment known as the bloomberg terminal, that sits on the desks of titans and traders this is my desk. Kroft all over the world. Bloomberg sound, pictures, graphics, tabular data. Different ways to look at the markets. Kroft its really a customized keyboard and closely guarded proprietary software, linked to a private computer network, that provides a volume of data thats unavailable anywhere else. Live streams from 300 stock exchanges, curated tweets, the exact location of oil tankers around the world. The kind of stuff 325,000 professionals pay 25,000 to rent for one year. If you do the math, it adds up to about 8 billion. Bloomberg but lets say you want to look at a stock. General motors, for example. Kroft after using his fingerprint to log onto his account, bloomberg gave us a peek behind the curtain. Bloomberg on the left are all of the companies that sell parts to General Motors. And on the right are all of the companies that buy General Motors output, generally cars. The different indices that General Motors stock is in. Here are the other companies that compete with them. Here are the big holders of their stock, analysts that follow it, whos on the board, who works in the company. Kroft why has nobody else done this . Bloomberg for an individual company to do it, its probably too expensive, unless its your business. This is our business. Kroft bloomberg has not only left his mark on wall street, he has left it on new york city. He took us up in a Company Helicopter he was piloting to have a look. Bloomberg laguardia, helicopter number six mike victor. Kroft the thing he likes best about flying, he said, is, if you dont follow the rules, you die. By 2001, bloomberg was already worth 5 billion, and looking for a new challenge. He wanted to run something big, like the u. N. Or the world bank. He settled on new york city, taking leave from his job and spending a quarter of a billion dollars of his own money to get himself elected mayor three times. Bloomberg here is the new world trade center. You can see the big Tall Building and others. Kroft right. The first time he was elected was just two month after 9 11, he managed the resurrection from the rubble. Bloomberg right through there you can see the oculus, which is this big shopping thing. This whole part of manhattan before was sort of desolate after 9 11. We now have 25 hotels. Now its a bustling Residential Community as well. Kroft he saw the city through the economic crisis of 2008, and while he was mayor, development and construction boomed and the crime rate dropped. Bloomberg hudson yards, which is this big development. Phenomenally successful development. Created an enormous amount of jobs, enormous amount of new office space. Kroft he was sometimes ridiculed for his Public Health war on smoking, trans fats and soft drinks, but he points out, Life Expectancy of new yorkers increased by three years while he was in office. Did you enjoy your time as mayor . Bloomberg loved every minute of it. Its a wonderful job. The challenges are enormous, but you have a great opportunity to make a difference. Kroft he was successful enough in the job to twice consider running for president , but he was never able to find a solid constituency in either party. Last year, he thought about running as an independent, and was prepared to spend 1 billion of his fortune to get elected, aides say. Hed even decided on retired admiral mike mullen as a running mate. And you came close. You looked at it. But you didnt pull the trigger. Bloomberg if i thought we could win, or had a reasonable chance, i would have done it. It would be totally unlikely, very unlikely that an independent could win. And in my case, i was mayor for a long time. People know where i stand. I couldnt pretend to be something im not. For the republicans, im pro choice, progay rights, pro immigration. Thats a good start there. Youll never get their nomination. On the democratic side, i believe in teacher evaluation. The big banks, we need to help them rather than just keep tryin to tear them down. Those are not particularly things that will help you get the nomination. Kroft he campaigned hard against donald trump, his new york rival in the general election, calling him a con man at the Democratic Convention in philadelphia. Bloomberg im a new yorker, and i know a con when i see one kroft have you spoken to trump since hes in the white house . Bloomberg yes, once i called him and congratulated him. We joked about my speech in philadelphia. And before he finished the conversation, he gave me his personal phone number, his cell phone. I havent called him, so i dont know if whether hed answer it now. But hes i hope he does a good job. Kroft youre not going to run for office again . Bloomberg well, im 75 years old. Itd be an age issue, i suppose. Ive got plenty of things to do. And maybe ill run for president of my block association, but not much more than that. Kroft bloomberg remains incredibly influential, and was received as a world leader when he traveled abroad last month for meetings on climate change. He is still trying to make a difference, and using his incredible wealth to do it. Almost all of his fortune will end up with his charitable foundation. Hes already given away more than 5 billion to causes that often dovetail with his political interests. There is now a fairly crowded field out there, of people who are incredibly wealthy, that are giving money to advance their own political agendas. Bloomberg well, if they if the projects kroft the koch brothers, for one. Or george soros. Bloomberg i know george soros, and i know the koch brothers. And, while i dont agree with any of those three on a lot of things, i think its fair to say, because i know them reasonably well, they really believe and they really are trying to do something. They really want to change the world. You, for example, in the northeast, couldnt get treated for cancer at any Major University or hospital without being in a koch cancer building. Theyve given an enormous amount of money. And if you get cancer, you should start saying thank you to the kochs. Kroft to some, its just another example of the super wealthy having a disproportionate influence on political debate and public opinion. Bloomberg has spent a billion dollars trying to get people to quit smoking, 135 million to battle the n. R. A. On gun control, and a 100 million to assist the sierra club and its lawyers in shutting down more than 250 coalfired plants. Youre not out of the political arena altogether. Youre, youre very active in a number of issues, coal and the environment being one of them right now bloomberg yeah. Coal is a very dirty fuel. Its been killing people. Around the world, people are saying, no more coal. Kroft in new a book with carl pope, bloomberg writes, i dont have much sympathy for industries whose products leave behind a trail of diseased and dead bodies. Hes more sympathetic to the miners. Bloomberg coal miners have lost their jobs. Its very tragic, and we have to do something about it. Technologys come in. Technology has replaced most of these coal miners. They didnt lose their jobs for any reason other than it was automated. And now, we have a bunch of people who have, because no fault of their own, theyve lost their job. Those jobs dont exist anymore. Somebody said to promise that coal jobs are coming back is like promising the workers who used to work at Eastman Kodak that film is going to come back. Not likely to happen. Kroft there are people out there would say, look, is it Mike Bloombergs job to give the sierra club 100 million to go out and try and . Bloomberg its not my job. I wanted kroft 250 coal plants . Bloomberg well, keep in mind, Mike Bloombergs kids and grandkids are breathing that air, just like the coal miners families are breathing that air. And the coal miners are the ones that have the conflict. They want their jobs, i understand that. They need to be able to feed their families. They also have to worry about their health and the health of their families. Kroft are you giving money to try and find these coal to try and reeducate and give them new skills . Bloomberg were certainly working on trying to find ways to create jobs. Not just for them. But technology, which is what cost the coal miners their jobs not the sierra club, incidentally long before the sierra club started this, coal mining jobs went from 250,000 in the country to 70,000 in the country. Kroft bloomberg sees personal philanthropy in the tradition of carnegie, the rockefellers and the mellons not as a threat to democracy, but as a way to do important things that are not politically feasible. And as always, Mike Bloomberg trusts his judgement. Kroft is there anything you want that you dont have . Bloomberg i like what i see when i look in the mirror. If i get sentimental, i look and say, huh, its a bad day. They beat up on me; this, that, and the other thing. But, you know . Weve spent 1 billion trying to convince people to not smoke. Its been phenomenally successful. Weve probably saved millions of lives. There arent many people that have done that. So, you know, when i get to heaven, im not sure im going to stand for an interview. Im going right in. laughter quijano good evening. Congress has until friday to pass a spending bill to avoid a government shutdown. U. S. Steel, cocacola and mcdonalds report earnings tuesday. And a fur coat worn by a titanic survivor sold for more than 192,000 this weekend. Im elaine quijano, cbs news. Hurrfor huge savingsday on all things spring. Like up to 30 off select scotts products. Plus, get 5 bags of premium mulch for only 10. Get started with the seasons best savings. Start with lowes. Ito treat your toughy nasal allergies. Listen up. Unlike pills that dont treat congestion, clarispray covers 100 percent of your nasal allergy symptoms. Clarispray. From the makers of claritin. Get your ancestrydna kit. Spit. Mail it in. Learn about you and the people and places that led to you. Go explore your roots. Take a walk through the past. Meet new relatives. And see how a place and its people are all a part of you. Ancestrydna. Save 20 through wednesday at ancestrydna. Com make earning bonus cash back so why do scomplicated . K cards they limit where you can earn bonus cash back to a few places. And those places keep changing every few months. The quicksilver card from capital one doesnt do any of that. With quicksilver you earn unlimited 1. 5 cash back on every purchase, everywhere. Leave complicated behind. Whats in your wallet . Stahl President Trumps attempts to impose a ban on travelers from half a dozen muslimmajority nations have been stymied by federal judges, highlighting the power of the courts to act as a lever against executive power. Tonight, we talk with a prominent and controversial judge on the 9th Circuit Court of appeals, Alex Kozinski, a conservative appointed by president reagan. His court of appeals the nations largest, covering the western United States refused to lift the block on the president s travel ban in february, and is scheduled to weigh in on the revised ban next month. We sat down with judge kozinski to discuss his distrust of authority, his crusade against dishonest prosecutors, the so called muslim ban, and what he thinks of President Trumps singling out and attacking federal judges. Lets say, hypothetically, that President Trump decided to single you out, how would you handle it . Judge Alex Kozinski well, so long as he spells my name right, its okay. Stahl really . Kozinski yes. Stahl judge Alex Kozinski, one of the countrys most influential conservative federal judges, has some advice for the president. Kozinski my advice would be to whoever is going after judges by name, whether its the president or anybody else, i think its a terrible idea. I dont think its a very smart thing to do. Stahl is there an etiquette that this isnt done . Kozinski i think that litigants before the court should be very careful about insulting the people who make the decisions. Stahl are you suggesting the president needs to be careful . Kozinski yes, when the president is a litigant, i think its wise for him not to comment on the judges. Its not going to help anything, and all its going to do is emphasize the weakness of your position. Stahl so, hes just advertising that hes on shaky ground . Kozinski i think it has that tendency, yes. President trump a judge has just blocked our executive order. Stahl not only has President Trump castigated individual judges, he has targeted judge kozinskis 9th Circuit Court, saying it should be split in two. Trump people are screaming, break up the 9th circuit. Take a look at how many times they have been overturned with their terrible decisions take a look. Kozinski the 9th circuit cant be split, and wont be split. Its a terrible idea. Stahl why is it a terrible idea . The president himself has come after the circuit, saying that 80 of your decisions are overturned by the Supreme Court. Kozinski generally, when the Supreme Court takes cases, they take them to overturn. They overturn Something Like 70 or 80 of all cases that they take. So, we are, right there, sort of in the middle. No ban, no wall stahl mr. Trumps quarrel with the 9th circuit heated up after it upheld a lower courts blocking of his controversial travel ban. Trump arent our borders getting extremely strong . Stahl in the opinion, the judges noted that during the campaign, candidate trump made numerous statements about his intent to implement a muslim ban, which would be unconstitutional. But in this case, judge kozinski sides with the president. He wrote in a dissenting opinion, that you cant hold an elected official hostage to every statement made while campaigning, when in truth the poor shlubs only intention is to get elected. In defending the travel ban, you talked about the 1st amendment. Kozinski the 1st amendment is really at the very core of political speech, and political speech is at the core of the 1st amendment. So, we want to be very careful to make sure that candidates for office are free to express their views, so that people will make an informed choice. We dont want them holding back, and sort of concealing their views and then disclosing them afterwards. Stahl holding a candidates statements against him, he wrote, will chill campaign speech. Kozinski candidates will promise the sun and the moon. Everybody understands that youre not going to get the sun and the moon. Youre probably not going to get either. Stahl what about when a president lies . Kozinski well, youve read the prince. Machiavelli said it is the duty of a prince to lie. Stahl is that the way you see it . Kozinski i think, in certain circumstances, thats probably right. You are begin unreasonable. Stahl being provocative is classic kozinski. Kozinski you could have said bam stahl another example his support of the death penalty, but not by lethal injection. Kozinski i think the use of lethal injection is the way of lying to ourselves, to make it look like executions are peaceful, are benign, are sort of like going to sleep. And theyre not. Theyre brutal things. Stahl now, you have proposed alternatives. You prefer firing squad to lethal injections. Kozinski never fails. Stahl but youve also said the guillotine . Kozinski thats right. Stahl really . The guillotine . Come on. Kozinski well, you know, its 100 effective and it leaves no doubt that what we are doing is a violent thing. If we as a society are willing to take away human life, we should be willing to watch it. Stahl you know, youre very softspoken and you have a very placid look on your face and you say very outspoken, almost incendiary things like that. I think sometimes people sort of miss the provocation of what youre saying. Kozinski on the contrary, the softer you speak, the more the provocation is heard. Stahl judge kozinski has spent over three decades on this bench at the 9th circuit. In his ruling on thousands of cases, theres one constant a deeprooted distrust of authority, which, like his thick accent, is a product of his childhood. Kozinski i was born under communism. Stahl where were you born . Kozinski i was born in romania. And i know what its like to live in a system where you cant speak, you have to whisper. Where the state is so pervasive and so intrusive. Stahl kozinski was the only child of holocaust survivors, who raised him a committed communist, which he remained, even when his parents decided to defect when he was 11. Kozinski as we were leaving romania, were on the train, i still remember having these thoughts and plans about how i was going to start a workers revolution in the west. And then we got to vienna, and i discovered chocolate, and bubble gum, and bananas and, my god, i became an instant capitalist stahl by the time he and his parents moved to los angeles when he was 17, he was all american, with a streak of flamboyance as when he made his tv debut on the dating game, up against squiggy of laverne and shirley. Announcer and well try it with bachelor 1 first. Will you please say good afternoon to rita. Squiggy good afternoon, rita. Announcer thank you. Number two . Kozinski good afternoon, flower of my heart. Stahl he got the girl, but then she stood him up he had better luck at u. C. L. A. Law school, where he finished top of his class. And then, landed a job in washington working for president reagan, who later appointed kozinski to the prestigious 9th circuit when he was just 35, the youngest in a century. He quickly emerged as a brilliant, conservative legal thinker, but with an independent streak. Do you know whats the word thats used most often to describe you . Kozinski handsome . Stahl its quirky. Kozinski oh, quirky. Yes. Stahl take his hobbies kozinski here, chicky, chicky, chickies. Stahl raising pet chickens; snow boarding; and, as you can see and hear on youtube, bungee jumping have there been setbacks in your career . Kozinski ive had pretty stahl you had one big setback. Public, embarrassing. Kozinski yeah. I shouldve been more careful. Stahl in 2008, he admitted to storing sexuallyexplicit photos and videos on a publicly accessible website. What happened . Kozinski oh, i had a bunch of stuff on the computer, and i didnt lock it up. Stahl raunchy stuff . Kozinski some of it was raunchy. Stahl he apologized, and he was admonished by a panel of judges. All rise. The United States court of appeals for the 9th circuit is now in session. Stahl kozinski has made a name for himself with his readable and colorful court opinions. Whats the most outrageous thing that youve done as a judge . Kozinski i thought somebody needed to come out in favor of lying, just as something that so i wrote this opinion, basically saying all the ways in which people lie all the time in their lives. You know, to avoid hurt feelings. You know, youd say, how do i look today, honey . Oh, you look wonderful laughs stahl he concluded that, with the exception of fraud and perjury, lying is a 1st amendment right. Another big exception prosecutors lying in court. He says hes seen it too many times, and hes on a crusade to stop it. Kozinski there have been any number of documented instances of prosecutors doing things that are dishonest, slimy stahl he lectures about prosecutorial misconduct and rails about it from the bench. Kozinski see whether they really want to stick by a conviction that was obtained by lying prosecutors. Stahl the judge says hes seen prosecutors distort evidence, coach witnesses, pile on charges to force guilty pleas, and fail to reveal facts that could help or be exculpatory to the defense, which theyre legally required to do. How much of a stigma is it to not turn over exculpatory evidence . Is it a huge blemish on a prosecutor, on a lawyer . Kozinski i dont think so. I think they consider it feathers in their caps. Stahl really . Kozinski maybe they wont admit it, but i think thats how they see it. Stahl statements like these have earned him his fair share of criticism, including from his fellow judges. But he wonders how many of the 2. 2 Million People behind bars are innocent. Kozinski even 1 would be 20,000, 22,000 people. Thats a lot of people. And i think 1 is probably a fair guess. We have this notion in this country, weve got the best system in the world. Its infallible. If anybody gets convicted, they must be guilty. Its just not so. Stahl where are all the other judges . Theyre seeing the same thing youre seeing. Kozinski some speak out. But judges, as a class, are not a speakingout group. Stahl so why are you doing it . Do you think its brave . Kozinski you know, i dont think its brave. I have life tenure. Theres not much they can do to me. So i dont think its brave. Stahl he feels the same way about politics, calling on his fellow federal judges to take President Trumps criticisms in stride. Trump the courts are not helping us, i have to be honest with you. Its ridiculous. Somebody said i should not criticize judges; okay, ill criticize judges stahl there are those who believe that today, with the white house and congress under republicans that it is incumbent upon the court system to do double duty. To be the great balancer against perhaps overweening power. Kozinski thats certainly not our job. We are there to protect against abuses. But were not there to be a political counterforce. Stahl but what happens when two branches are in one hand . Kozinski if theyre both in the same hands, it means that the country, the people, want to move in that direction. I dont think its the job of the judiciary to stand in the way. Stahl but do you feel an increased tension . Kozinski its not that unusual for president s to take strong positions on cases decided by the court. But you know, lesley, thats why the constitution wisely gave us life tenure. They can talk about us, but they cant remove us. 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Its the american version of steeplechase, and the course is not for the fainthearted. It stretches four miles over the maryland countryside, over three times the length of the Kentucky Derby track. And there is a major, sometimes dangerous, challenge for both horse and rider the timber. 22 wooden fences to jump, some of them five feet high. Much of our report on the world of timber racing was shot with a dozen or so small cameras on the ground, in the air, and right in the saddle. Were riding with jockey eric poretz on a horse named touchdowntony. Cmon, tony rose its one of the many races in the fall and spring, when timber jockeys roam the Rolling Hills of virginia, maryland and pennsylvania, in the runup to the maryland hunt cup. Give me some room rose the sport originated in ireland 250 years ago, when horsemen raced through the countryside, jumping hedges along the way. The timber fences used in this country are more intimidating. Some are on a slant; some over water. For horse and jockey, each jump is tricky. Youre approaching a five foot fence. Whats in your head . Paddy neilson well, number one, you hope youve been livin right. Rose paddy neilson is a legendary jockey and trainer, from a family thats been riding and racing since 1875. He won his first major race when he was fifteen, and won the maryland hunt cup three times. Can you tell us what its like to feel the exhilaration . Paddy neilson theres just some magic about the power of that animal underneath of you. And then, when you ask him for everything hes got, the last quarter mile or Something Like that, and there it is, it is a marvelous feeling that only comes from doing it, really. It is great. Joe davies this is, to me, the most natural form of equestrian sport. Rose all right, lets watch. Joe davies trains both horses and riders at his maryland farm. Joe davies that was a lovely jump there. Rose oh. Joe davies you know they all did it fluidly, easily. Rose just look at them. Joe davies so take off is important and so is landing. Rose you can hear them hit the fence. Joe davies yeah. I mean, occasionally theyll tip that with their hind legs. But we put timber shins on, which are protective pads, so they dont really feel it. Rose for jockeys, the perfect jump involves horse psychology, and plain old horse sense. Joe davies being a good jockey is really learning how to read a horse, and stay the heck out of their way. Rose in the crucial seconds before liftoff, says davies, you can read a horse by watching the ears. Joe davies a horses ears will tell you what hes thinking about. And if youre doing this, and kicking him and pulling on him, his ears will go back. Hell be paying attention to you. If you can be as quiet and still as a mouse, then the horse doesnt think about you. His ears go forward. Hes paying attention to whats in front of him. He sees the fence and he jumps it perfectly every time. Rose and there is Something Else that indefinable chemistry that produces in love, in art, in horse racing something greater than the sum of the parts. Joe davies you can take the fifth best horse and maybe the tenth best jockey and together they can be magic. Rose or you could take the best horse and the best rider and theres no magic, and they wont be anywhere near their potential . Joe davies correct. trumpet signals rose many of the rituals of the timber race are similar to what you see at Churchill Downs or belmont or pimlico. The crowd is wellheeled; the hats are outrageous; theres tailgating, and theres grazing, on both sides of the fence. Heres your betting, heres your odds. Rose but the betting is strictly small change, and so is the purse money a mere 100,000 for the hunt cup, versus 2 million for the Kentucky Derby. Theyre all in line, and away they go rose success at timber racing requires a horse with both speed and stamina. Speed to propel them over the fences and the finish line; stamina to keep going for four miles. cheers and applause as a result, both horses and jockeys are often bigger, sturdier than the ones at flat tracks, as people here call traditional oval race tracks. And its not unusual to see women competing in such a rough and tumble sport, sometimes finishing first. This is a sport in which men and women compete together. Paddy neilson they do. Rose meaning, women are pretty damn good. Paddy neilson yup. Very good. Kathy neilson i knew as soon as i started galloping racehorses im like, that was the direction that i was going to go in. Rose paddys neilsons daughter kathy and her sister sanna say it was more than just Family Tradition that hooked them on timber racing. Sanna neilson its the adrenaline rush. We would definitely be self proclaimed adrenaline junkies, i would say. Rose sanna won the maryland hunt cup in 1993. Kathy won it as a trainer in 2002. Racing, they say, plays to womens strengths. How do you think women are better at it . Sanna neilson you know, if youre 130 pounds, youre not going to be able to bully a 1,200pound animal. Youre going to be able to coax them into doing something, but youre probably not going to be able to muscle them into it. Kathy neilson you hungry, bud . I feed my horses every afternoon. I love it. I love to hear them whinny to me. You know, its a nurturing job, in a way, is to see them flourish. Hungry . Yeah. Sanna neilson so its something that just gets in your blood. Rose but part of it is the danger. Part of it is the risk. Kathy neilson the danger. Yeah. You know, ive broke both my wrists, my knee, you know. Rose its something jockeys train themselves not to think about. A misstep by the rider; a horse that loses altitude and trips on the timber. That was haddix who lost his rider. Rose even worse, rearending or trampling someone whos fallen in front. Swayo lost his rider at the fence. Rose falling horses usually roll with it very few are badly hurt. The riders are Something Else. Paddy nielson i still dont know whether i got kicked, or the horses head flew up and hit me in the cheek, but i broke my jaw and knocked out eight teeth. Which is a pretty good pretty good blow to the face. Rose and if they gave a glutton for punishment cup, it would probably go to mark beecher, an irish jockey whos a regular on the timber circuit here. Mark beecher fractured my cheekbone, my two front teeth are gone, ive broken two collarbone twice, this one once, dislocated this shoulder twice, broken two ribs here, three ribs down my back, broken my ankle. Rose youre right, youve got to be crazy to want to do this. Mark beecher its the thrill. Its the buzz. Rose but timber jockeys cannot live by thrill and buzz alone. Since theres not much money in the sport, most riders have to have a real job. James stierhoff from a very young age, i was always obsessed with horses. Rose James Stierhoff is a man with a double life. Stierhoff i have had some amazing opportunities and amazing experiences. Rose during the week, he works at brown advisory, a Financial Firm in baltimore where hes immersed in the fine points of managing money, helping clients figure the risks and rewards of investing. And away they go rose but weekends, its the risk and reward of timber racing, and as a jockey, stierhoff has quite a resume. So whats it like for you to win the maryland hunt cup . Stierhoff it was unreal. Twill do with James Stierhoff, jumping now. Rose it was both unreal and unlikely. Here he is in 2010 atop twill do, a horse hed never raced before. Its trainer, billy meister, planned to ride twill do himself, but was hurt in a fall, and called stierhoff to take up the reins. Stierhoff and i said, i mean, id love to, but i dont really know that this is great idea. Im at home with the flu. Billy says, not to worry. I rode the best race of my life with a 104 fever. Youll be fine. Rose but it says something that billy wanted you on that horse. Stierhoff yes. Twill do trying to come back again on the inside, private attack leading toward the final fence. Rose at the finish, it came down to stierhoff on twill do, and mark beecher, the man of many fractures, on private attack. Twill do on the inside, private attack is going to have to settle for second. Twill do rose stierhoff not only won the cup in 2010, he did it again two years later. Stierhoff i was able to achieve something that i never really maybe thought was possible. And man, how lucky am i . Rose and there is a certain horse that might be asking himself the same question. He is senior senator, once an alsoran, now a star. God, its majestic isnt it . Joe davies i think he likes you. Rose before trainer joe davies bought him, he was a flat track racer with a mediocre record and a nasty reputation for acting up. Joe davies they had to tranquilize him every day to get him out onto the race track. We knew he was difficult because hed throw his jockeys on the way to the start. Rose he would throw his jockeys on the way to the start. Joe davies every time. Rose it got so bad, the track veterinarians wouldnt go near him. Davies the trainer who had him before us said i want you to know, ive been training horses for 35 years. This is the craziest horse to ever look through a bridle. And rose you are the craziest horse ever to look through a bridle. You know that . Davies and his wife, blythe a legendary rider, now a trainer specialize in horses that flamed out on the flat track, but show promise as timber racers, giving them a second chance. Is it different riding this horse . Blythe Miller Davies yes. Rose how so . Blythe Miller Davies because hes such a special jumper. Rose the key was letting him run free. During his flat track career, hed spent countless hours penned up in his stall miserable, angry. Joe davies we turned him out in a big field, and he became a happier horse, really, almost the first hour he was here. Rose the question was would he jump . Some horses love it, some dont. The answer wasnt long in coming. Senior senator was a jumper, even without a rider. Joe davies we just figured out how to get him to do what really is natural, and what this horse was just put on this earth to do, which is to run and jump. Senior senator has led a good portion of this race. Rose his biggest challenge came a year ago, at the maryland hunt cup, against a strong field of the bravest horses and riders. Racing around the turn with a big lead, senior senator is the one to catch. Rose but in the stretch he lost the lead, and gave it a lastchance burst of energy. Barreling through the stretch, its guts for garters. Senior senator coming back again on the outside. Senior senator rose from crazy horse, to champion. Joe davies he didnt need discipline. He didnt need to be manhandled. He just needed to be understood, and i feel like thats what we were able to do. horse snorts rose now what is he saying there . Im happy with all this attention. Right, joe . He can still be temperamental. Skittish at bath time. Often a bit of a prima donna, saddling up for a race. But he was a perfect gentleman accepting a sweet potato treat from a perfect stranger, who happily survived with all ten fingers intact. In other words, senior senator, the horse to beat at the maryland hunt cup this coming saturday, is a lot like many talented humans. Joe davies he hangs on the edge of sort of insanity and brilliance. Rose which is also a good description of what it takes to triumph in timber racing for man or beast. Filming a horse race, it helps to know the turf. Meet 60 minutes horse woman at 60minutesovertime. Com. Sponsored by viagra. So guys with ed. Viagra sin. 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Retinol correxion® from roc methods, not miracles. ™ kroft now, an update on a story from six months ago. Thats when we interviewed an angry turkish president , recep tayyip erdogan. After a failed coup last july, which his aides blamed in part on the United States, erdogan began arresting thousands of political opponents, and shutting down opposition media under a temporary state of emergency. Last sunday, by the thinnest of margins, turks approved a referendum expanding erdogans powers to what critics have called authoritarian rule. On tuesday, Parliament Extended the state of emergency, allowing erdogan to rule by decree for another three months. The European Union called for an investigation into possible voting irregularities, and President Trump called to congratulate president erdogan on the results. Im steve kroft. Well be back next week with another edition of 60 minutes. Look closely. 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