Another $8 million for NYRA

[karlskorner]

Rome is burning and they can't put out the fire

http://www.drf.com/news/article/80247.html

[PaceAdvantage]

Yup, racing organizations are in a world of hurt all over. I hear Magna lost another what? 50 million last quarter.....sheesh.....hostile earnings conference as well, with Stronach a no-show....not good....

That stock chart is really hurting now, despite slots coming to Gulfstream!

Is a Magna Bankruptcy not too far away as well?

[karlskorner]

Stronach was in Russia, hustling his auto parts business, couldn't be in 2 places at same time. As long as he keeps the auto parts business growing he is a long way from kaput.

[PaceAdvantage]

PS. I think the NYRA bankruptcy filing was a smart move....if not a necessary one....