New York Times best selling author and fashion designer, Carson Kressley tells us about growing up near his grandparent's pony farm in eastern Pennsylvania. It's also Rich's teenage hometown area and the two talk about their days at the Lehigh Valley Mall and finding deals at Unclaimed Freight. 

Carson gives his firsthand view for the difference between the  Kentucky Derby and Breeders' Cup based on his experience as a part of the live TV coverage.

And of course, there are the picks:

Carson, Terry (Carson's favorite handicapper), Thomas, Shawn and Rich make their selections for the Kentucky Derby. Each picks the winner, a horse to fade and a long shot, along with their choices for:

Churchill Downs Race 10 – $500,000 Churchill Downs Stakes – Grade I
Churchill Downs Race 11 – $1,000,000 Old Forester Bourbon Turf Classic Stakes – Grade I

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