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Old 11-01-2006, 12:11 PM
kgar311's Avatar
kgar311 kgar311 is offline
Sheepshead Bay
 
Join Date: Oct 2006
Location: Saratoga(originally) now fl
Posts: 1,097
Default NYRA rejects 19mil from state

http://www.saratogian.com/site/news....id=17708&rfi=6

NYRA told the state to shove it. Just got on DT has anyone touched on this today?
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  #2  
Old 11-01-2006, 12:19 PM
Revolution's Avatar
Revolution Revolution is offline
Hawthorne
 
Join Date: Sep 2006
Posts: 524
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I love these idiots. That is why they are soon to be gone.

On Monday, the board approved releasing the remaining $19 million in three installments: $7 million today and $6 million by Dec. 1 and Jan. 1.

But Hayward said NYRA wants the money in one lump sum.

'We want to manage our business properly,' he said. 'The Oversight Board has never been critical of how we manage our finances. This is a delaying tactic on the part of the Oversight Board. We don't think is coming close to getting us that money.'


If you managed your business properly, you wouldn't need to go crying to the state for money all the time. Explain to me how they needed this money so badly, all in one lump sum, but now they are rejecting it? So where are they going to get the money to stay afloat. Either they have to file for bankruptcy or mysteriously money is going to appear that they didn't know they had. LOL.
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  #3  
Old 11-01-2006, 12:19 PM
Revolution's Avatar
Revolution Revolution is offline
Hawthorne
 
Join Date: Sep 2006
Posts: 524
Default

I love these idiots. That is why they are soon to be gone.

On Monday, the board approved releasing the remaining $19 million in three installments: $7 million today and $6 million by Dec. 1 and Jan. 1.

But Hayward said NYRA wants the money in one lump sum.

'We want to manage our business properly,' he said. 'The Oversight Board has never been critical of how we manage our finances. This is a delaying tactic on the part of the Oversight Board. We don't think is coming close to getting us that money.'


If you managed your business properly, you wouldn't need to go crying to the state for money all the time. Explain to me how they needed this money so badly, all in one lump sum, but now they are rejecting it? So where are they going to get the money to stay afloat. Either they have to file for bankruptcy or mysteriously money is going to appear that they didn't know they had. LOL.
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