State investigating NYRA takeout issues; Hayward, Kehoe terminated

[hockey2315]

If what the report says is true, there is absolutely no chance that Hayward keeps his job. I can't imagine this being a case of pre-meditated fraud or theft, though. It's not like NYRA was siphoning money from the pools and paying it to execs--the extra funds were relatively negligible in the grand scheme of things and nobody had any motive to "steal." Seems like a case of ineptitude or negligence that was compounded by some very poor decisions once the mistake was found.