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NYRA Still Lacks a Monitor

16 Feb 2004

NEW YORK – As reported by the Times-Union: ``Numerous individuals and firms formally applied to be the court-appointed monitor of the New York Racing Association, and former Mayor Rudolph Giuliani did indeed make himself available for the task, sources familiar with the process said.

``A list of finalists is being examined by U.S. District Judge Arthur Spatt, who was supposed to announce his choice a week ago but is doing his own due diligence of candidates offered by the U.S. Attorney's office. Sources doubt that Giuliani made the list.

``It is unclear who is monitoring NYRA in the absence of a monitor. The association admitted to crimes when an indictment for conspiracy to commit tax evasion was unveiled in December. NYRA's deferred- prosecution agreement calls for a monitor to be installed within 60 days of the Dec. 11 indictment..."

 
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