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I am a huge Cardinals fan. Just read that Walt Jocketty was dismissed. What the hell happened? I credit him with many key trades that have made us competitive almost every year.

Damnit. Now we may lose Tony.
From what I understand, it was a power struggle, and he lost. Basically the owner hired another guy to run part of the baseball operation, and Jocketty didn't like ceding partial control. Eventually it led to a split between a pro-Jocketty faction and the new guard, and one of them had to go.
The big man's take (from a couple of weeks back):

Link
That was a great article Spike. Thanks for posting. Opened up a whole new world that I was unaware of.
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