Got to love the NYRA......

[Downthestretch55]

Originally Posted by eurobounce

It was a brillant attempt. Could you imagine being GE Capital and funding the loan then finding out that the NYRA doesnt own the tracks. The NYRA would be in even more trouble. It is just troubling to me that they always need loans to operate.

Euro,
I'm with Gander on this.
Did you ever try to get a loan when you had nothing to put up?
Though I've never filed for bankruptcy (came close, knock on wood), lawyers ain't for free. How the heck can you pay them? They know your credit history from the get go.