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Old 12-17-2007, 11:19 AM
parsixfarms parsixfarms is offline
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http://timesunion.com/AspStories/sto...ate=12/16/2007

This story gets it pretty much right. Bruno is caught between a rock and a hard place - in his warped world. In order to stop what Spitzer was looking to do (and not admit it is about the slots), Bruno has been forced into bashing NYRA. However, the thoroughbred industry and the Saratoga City leaders are pro-NYRA, so now he's doing things against the wishes of his constituents. The result is that he's been getting huge heat from his constituents, who see him as more a part of the problem than part of the solution on this issue.

Bruno now either has to accede to the wishes of his constituents - and let Spitzer "win" this issue, which Bruno is loathe to do. Or he continues to fight Spitzer and support a well-financed donor (Capital Play), at the risk of further alienating his constituents.
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Old 12-17-2007, 11:30 AM
sumitas sumitas is offline
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This extension for the NYRA beyond Dec. 31 makes little sense. There's been plenty of time to resolve this matter. All the extension does is enable this stalemate to go on for an indefinate period of time.

The deal should be finalized by Dec. 31 or NYRA should shut down racing to get it done.
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Old 12-17-2007, 11:38 AM
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Kasept Kasept is online now
Steve Byk
 
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Quote:
Originally Posted by sumitas
This extension for the NYRA beyond Dec. 31 makes little sense. There's been plenty of time to resolve this matter. All the extension does is enable this stalemate to go on for an indefinate period of time.

The deal should be finalized by Dec. 31 or NYRA should shut down racing to get it done.
The 'deal' needs to be in place, from NYRA & Hayward's perspective by 12/27 which is when the Bancruptcy Court is scheduled to let the Association emerge from Chapter.. It needs to be in place as it's paramount within NYRA's plan that the Court already approved.
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Old 12-17-2007, 12:19 PM
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whodey17 whodey17 is offline
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isnt nyra going to lose $27 million for the year 2007? if this is the case, then some sort of deal needs to be hashed out.
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