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May. 24th, 2012 @ 06:51 pm Patriotic Coughlin humbled by honor from Army

FORT MYER, Va. — Tom Coughlin’s Year to Remember got even more memorable here last night when the Giants’ admittedly star-struck coach was honored for his dedication to the U.S. Army.

Although still reveling in his second Super Bowl crown in five years, Coughlin was both humbled and, at times, speechless as Army Chief of Staff Raymond T. Odierno — a noted Big Blue fan from Dover, N.J. — toasted him and four others near Arlington National Cemetery for their volunteer work with the military.

Coughlin wasn’t the only NFL head coach honored during a theatrical annual fort ceremony called Twilight Tattoo — the Ravens’ John Harbaugh also was on hand to be recognized — but the usually gruff Giants boss admitted he was almost moved to tears by his Outstanding Civilian Service Award.

A GIANT HONOR: Giants coach Tom Coughlin receives the Outstanding Civilian Service Award from U.S. Army Chief of Staff Gen. Raymond T. Odierno, at a ceremony yesterday at Fort Myers, Va. Coughlin was one of a handful of NFL coaches to be honored for their volunteer work with the military.

Mike Theiler

A GIANT HONOR: Giants coach Tom Coughlin receives the Outstanding Civilian Service Award from U.S. Army Chief of Staff Gen. Raymond T. Odierno, at a ceremony yesterday at Fort Myers, Va. Coughlin was one of a handful of NFL coaches to be honored for their volunteer work with the military.

“When the general was standing there reading off that stuff about me, it was almost like I was saying to myself, ‘Who’s he talking about?’ ’’ Coughlin told The Post after the hour-long celebration overlooking the Washington Monument and the Capitol Building.

“It was unbelievable to me,” continued Coughlin, who was accompanied to the event by wife Judy. “The patriotism just came pouring out of me with all of the pomp and circumstance and standing there next to a four-star general. That’s what you call humbling.”

The Army honored Coughlin for allowing soldiers and the families to attend practices and games, for repeatedly visiting wounded soldiers at both Walter Reed Medical Center and other installations and for flying to Iraq in 2009 as part of a USO tour with John Harbaugh, Jeff Fisher, Bill Cowher and Jon Gruden.

Odierno noted the awkwardness of honoring the coach of the Giants in the backyard of the NFC East rival Redskins, but Coughlin received nothing but loud applause and picture requests from a large crowd made up mostly of civilians and schoolchildren bused in from Ohio, North Carolina and elsewhere.

The Giants had an on-field OTA workout earlier yesterday at their Meadowlands complex, but Coughlin said that wasn’t going to keep him from accepting an award that Odierno had told him six months ago would be coming.

“I’ve been fortunate enough to accomplish a lot in my coaching career, but this stacks right up there,” Coughlin said. “This means the world to me.”

Attending the ceremony was even more special to Coughlin because he is a huge military history buff, and Fort Myer is the traditional home of the Army Chief of Staff.

Coughlin could barely contain his awe at being honored just yards from where former chiefs of staff Douglas MacArthur, Dwight Eisenhower, Omar Bradley and John Pershing all lived.

“Just thinking about that aspect of it blows me away,” said Coughlin, who will be back in the area June 8 along with his players and staff to be honored by President Obama at the White House for their Super Bowl win.

Last night’s elaborate ceremony almost didn’t come off — at least not outdoors — thanks to a heavy thunderstorm that struck the base just minutes before the event was scheduled to begin.

But after a roughly 40-minute delay, the show went on — featuring everything from an artillery salute to soldiers reenacting moments from the Revolutionary War and Vietnam.

Odierno, who became Chief of Staff last September and has visited the Giants numerous times, seemed at times almost as in awe of Coughlin as Coughlin was of the four-star general.

“You’re talking about someone who has really dedicated himself over a long period of time to caring about our soldiers and their families,” Onierno told The Post. “His dedication to the military is quite significant.”

Asked jokingly if the fact he also bleeds Giant blue had anything to do with Coughlin’s award, Odierno smiled and shook his head.

“Absolutely nothing to do with that,” he said. “Absolutely everything to do with what he’s done for the military.”

bhubbuch@nypost.com

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May. 23rd, 2012 @ 10:51 pm Yanks not Sori now

This was Rafael Soriano’s first true test as the Yankees closer — because his first two save attempts were nothing like the assignment handed to him last night.

Soriano’s first save chance as Mariano Rivera’s replacement came on May 10 — when he had a three-run lead. Then his second save attempt came on May 14 — when he again had a three-run lead.

But Soriano took the mound last night in the ninth inning with just a single run separating the Yankees and Royals. He allowed the tying run to get to third base but no further, and closed out the Yankees’ 3-2 victory.

SUPER SAVER: Rafael Soriano delivers during the ninth inning last night on the way to recording the save in the Yankees’ 3-2 triumph over the Royals.

Neil Miller

SUPER SAVER: Rafael Soriano delivers during the ninth inning last night on the way to recording the save in the Yankees’ 3-2 triumph over the Royals.

“It’s exactly what he’s supposed to do,” David Robertson said.

Coincidentally, Rivera — out for the year with a torn ACL — was in the Yankees clubhouse yesterday for a visit.

Robertson is still on the disabled list with a strained left oblique but is planning to head to Tampa to rehab tomorrow. He’ll play catch initially and told The Post he’s shooting to return during the Yankees’ series in Detroit that starts a week from Friday.

Until Robertson returns, Soriano will surely be the closer — he may even continue to be when Robertson comes back, if manager Joe Girardi elects to do that.

Soriano’s now a perfect 3-for-3 in saves this season, and last night he was helped out by both luck and Alex Rodriguez.

Soriano opened the ninth against Jeff Francoeur, and the former Met drilled a shot to center. Fortunately for the Yankees, it was right at Curtis Granderson, who caught it for the first out. Alex Gordon then ripped a ground-rule double to right before Soriano induced Irving Falu to ground out to short as Gordon moved to third.

Soriano then got Alcides Escobar to ground out to Rodriguez, with A-Rod ranging toward the third-base line to grab the ball before gunning out Escobar by a hair to end the game.

The Yankees are extraordinarily fortunate they have the resources to have Soriano as a third closer. He’s making $11 million this season and posted 45 saves two years ago.

Still, it’s pretty difficult to envision a more challenging job than replacing Rivera for the Yankees.

“Maybe the shortstop. Other than that maybe, I don’t see a tougher spot to fill,” said last night’s starter, Phil Hughes. “But it’s going to happen eventually. That’s just the way this game is.”

Said Robertson, “Nobody can really replace Mariano. All you can do is do what you can.”

In his first one-run chance last night, Soriano delivered.

mark.hale@nypost.com

Rafael Soriano, Mariano Rivera, the Yankees, David Robertson, Curtis Granderson, Alcides Escobar

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May. 23rd, 2012 @ 10:51 pm Double-amputee sprinter to race at Randalls Island

Oscar Pistorius plans to race at the Adidas Grand Prix on June 9 at Randalls Island as he seeks to clinch a spot on South Africa’s Olympic team.

The double-amputee sprinter must run the 400 meters in 45.30 seconds or faster once more before June 30 to earn a trip to the London Games. Pistorius has posted an Olympic “A’’ qualifying time twice.

Pistorius is a four-time Paralympic gold medalist racing on carbon-fiber blades. He’s trying to make history by reaching the Olympics. He was fifth in the 400 at last year’s Adidas Grand Prix.

Oscar Pistorius, Adidas Grand Prix, London Games, Randalls Island, Pistorius

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May. 22nd, 2012 @ 06:48 am Pimlico Results

FIRST-5 fur(T); $45,000; alw; 3up

3

Varsity (Bravo)

4.00

3.00

2.60

4

Agonistic (Russell)

11.40

6.20

7

Night Officer (Boyce)

3.80

Scr: Cardashi, Disco Dandy, Alston Gunter.

* Exacta (3-4) $49.80 * Trifecta (3-4-7) $201.20

SECOND-1 1/16m; $25,000; hdcp; 3up

4

Bleys Bch (Sntgo)

3.40

2.40

2.10

2

Strngernthenght (Russll)

6.60

3.60

7

Albrecht (Acosta)

2.20

Scr: Arctic Raven.

* Double (3-4) $8.00 * Exacta (4-2) $20.60 * Trifecta (4-2-7) $39.80

THIRD-1 1/16 miles(T); $150,000; 3up(f)

Gallorette Handicap

3

Zagora (Castellno)

4.00

2.60

2.20

2

Speak Easy Gal (Rosario)

8.20

4.60

7

Laughing (Dominguez)

2.60

* Double (4-3) $8.20 * Exacta (3-2) $30.40 * Trifecta (3-2-7) $86.40

FOURTH-1 1/16 miles; $50,000; alw; 3YO

4

Paynter (Smith)

2.20

2.10

2.10

3

Brimstone Island (Perez)

2.60

2.10

7

Respectful Ed (Franklin)

2.40

Scr: Leadhills.

* Double (3-4) $5.00 * Exacta (4-3) $4.80 * Trifecta (4-3-7) $10.00

Winner picked by DaSilva

FIFTH-5 fur(T); $43,000; alw; 3up

14

Wr Fnds (CstllnJr.)

8.20

4.60

3.40

1

Coach Fridge (Franklin)

4.80

3.60

11

Pendulum (Perez)

4.40

Scr: Unlikely Hero, Hot Escapade, No Attraction.

* Double (4-14) $11.40 * Exacta (14-1) $40.40 * Trifecta (14-1-11) $208.20

SIXTH-6 fur; $100,000; 3YO

Chick Lang Stakes

8

Il Villano (Flores)

9.20

4.20

2.40

4

Laure's Rocket (Nakatn)

3.60

2.40

3

Innocent Man (Rosario)

2.20

Scr: Lemon Juice.

* Double (14-8) $39.00 * Exacta (8-4) $29.80 * Trifecta (8-4-3) $57.60

SEVENTH-1 1/16m(T); $43,000; alw; 3up(f)

2

Clr Sks Ahd (Krmns)

11.00

4.80

3.80

8

Happy Choice (Russell)

3.20

2.60

6

Dixie Dear (Leparoux)

4.20

Scr: Lily of Johar, Dixie Shoes.

* Double (8-2) $52.00 * Exacta (2-8) $33.40 *Trifecta (2-8-6) $190.80

Winner picked by DaSilva

EIGHTH-6 fur; $100,000; 3up

Maryland Sprint

7

Hmzng Dstny (Nktn)

7.80

3.80

3.00

8

Bandbox (Castellano,Jr.)

4.00

3.40

2

Action Andy (Karamanos)

4.60

Scr: Broad Rule, My Cuz C J, Ravalo.

* Double (2-7) $55.80 * Exacta (7-8) $30.20 * Trifecta (7-8-2) $162.60

NINTH-1 mile(T); $100,000; 3YO

James Murphy Stakes

2

Skyring (Rosario)

19.60

7.80

5.40

1

Esy Crossng (Domnguez)

3.80

3.20

6

Mr. Handsome (Rodriguez)

8.60

Scr: Achilles, Going to Market.

* Double (7-2) $95.20 * Exacta (2-1) $69.40 * Trifecta (2-1-6) $1,129.40

TENTH-1 1/16 miles; $100,000; 3up(f)

The Distaff.

5

Awsmmnd (Smth)

4.80

3.20

2.60

8

Love nd Prde (Velzquez)

4.00

3.20

7

Catch a Thief (Leparoux)

5.60

Scr: Pinch Pie.

* Double (2-5) $62.60 * Exacta (5-8) $22.40 * Trifecta (5-8-7) $181.60

ELEVENTH-1 1/8 miles(T); $300,000; 3up

Dixie Stakes

3

Hudson Stl (Cstlln)

8.20

4.80

3.60

2

Humbl nd Hungry (Lzcn)

13.20

7.00

10

Forte Dei Marmi (Smith)

6.40

* Double (5-3) $20.80 * Exacta (3-2) $119.60 * Trifecta (3-2-10) $1,368.20

Winner picked by DaSilva

THIRTEENTH-$41,000, mdn, 3up, 1 1/16mt

3

Unex Dal (Navrro)

4.20

3.00

2.60

4

Sharp Numbers (Garcia)

6.40

4.60

10

Whata Soandso (Boyce)

8.40

Scr: Whiskey Keg.

* Double (9-3) $15.80 * Exacta (3-4) $26.40 * Trifecta (3-4-10) $404.00

Winner picked byDasilva

.

Trifecta, Russell

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May. 21st, 2012 @ 10:45 am Baseball has chance next season to fix unfair slate

headshotKen Davidoff
Follow Ken on Twitter
Blog: Baseball Insider

Enjoying this weekend’s sneak preview of interleague play? Let’s go over what to expect when this picks up in June:

1. The Yankees, as members of the American League East, play the National League East. Well, except that they’re playing the NL Central’s Reds right now. And they’re playing the Mets and Braves six games each. Which means they won’t play the Phillies or Marlins at all.

2. The Mets, as occupants of the NL East, will face the AL East. Well, besides the Red Sox. And, as you know, they play the Yankees six times.

Got that straight?

You know the drill by now: Baseball’s schedule is a train wreck, run more like a county fair than a professional sports league. It relies on favors rather than formulas, on sentiment over systems. And nowhere is that more apparent than in the interleague portion.

Getty Images

GET REALIGNED: Forced regional matchups, like the Cubs and White Sox playing six times every year, is a scheduling problem baseball should fix next season.

You could argue that, intellectually, baseball’s interleague schedule since 1998 — it was more fair in its 1997 rollout — has been more offensive than the steroids scandal. At least everyone got to play by the same rules when it came to drug-testing, or a lack thereof.

The good news for fans that care about schedule integrity is that the outlook should improve next year, when the Astros move from the NL Central to the AL West _ creating six divisions of five teams each. The Players Association pushed for this change, figuring that all of their constituents should have an equal chance at qualifying for the postseason, so logic dictates that the union will lobby for a more rational slate of games, too.

And on this front, the white whale is the “rivalry series,” none bigger than our very own Yankees-Mets.

“I like geographical rivalries,” commissioner Bud Selig said Thursday. “I think it’s great. ... The fans like it. You always want to do the right thing. When your fans like something, you have to be responsive to that and sensitive to it.”

Eh. The fans like it fine in May and June. Then, if their team misses the playoffs by one game, they wonder whether the schedule burned them. Because the schedule is patently illogical and, therefore, unfair.

I’m not an NFL cheerleader (I wonder how the sport’s powers sleep at night, knowing what the players do to themselves physically), but by golly, they have the schedule down. The season ends, and you know instantly whom your team is playing next year. There’s nothing like what occurred in 2007, when the Rockies successfully lobbied to get a home Yankees series (instead of the Padres) because they wanted the revenue.

The two sides aren’t that far along in laying out next year’s schedule. The announcement of the 2013 All-Star Game at Citi Field delayed that process because budgetary concerns caused the Midsummer Classic to be switched from Tuesday, July 9 to Tuesday, July 16; the 2008 All-Star Game at Yankee Stadium also took place a week later than normal. That has forced the teams and players to tear up some of which already had been discussed.

Future Hall of Fame manager Tony La Russa, now working as an adviser for Major League Baseball, has been surveying teams, getting their input for what works.

Yes, interleague play will be occurring all of the time, by necessity. There still figures to be a cluster of exclusively interleague action, as will occur this season (with the exception of one NL contest) from June 8-24. That window likely will be shorter, though.

So what would work? I propose:

1) 72 intra-division games, 18 each against your four neighbors, maintaining the unbalanced schedule that owners love (lowers travel costs, intensifies rivalries).

2) 60 games against the other 10 teams in your league (six each).

3) 30 interleague games, with three each against 10 clubs. Every year, you hook up one division with two divisions in the other league. In a three-year cycle, you play each interleague team in two series.

This would allow the Yankees and Mets (and Cubs and White Sox, and Dodgers and Angels, etc.) to play each other a total of six games, with each team hosting a three-game series, over a three-year cycle.

Don’t bet on this becoming reality, though. There are too many important people who don’t want to eliminate the regular visits from their rivals, no matter the competitive impact. It might get pared down from six annual games to three, but no shot there ever will be a season with zero.

“You have to do what’s fair,” Selig said. “You have to have the right format and go from there. Frankly, the Yankees and Mets have never complained about it.”

Couldn’t agree more with the first two sentences there. Couldn’t care less about the last one.

If it would just sign off on the short-term hit, then baseball could benefit from a long-term gain: Its fans would know that each team, each season, enjoyed a fully fair chance to win the World Series.

kdavidoff@nypost.com

The Yankees, White Sox, White Sox, American League East, National League East, Mets, NL Central’s Reds, The Mets, the Yankees, Major League Baseball, Red Sox, Ken DavidoffFollow Ken, interleague games, NL Central, Cubs, The Players Association

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May. 18th, 2012 @ 02:42 am CHSAA baseball roundup: Xaverian comes back on McClancy

Xaverian had to gut one out to preserve its potential top spot in the CHSAA playoffs.

Eric Kalman pulled the Clippers even in the sixth with an RBI single and Andrew Schillaci had the go-ahead RBI single in the seventh to give Xaverian a 6-5 win over Monsignor McClancy in CHSAA Brooklyn/Queens ‘AA’ baseball Wednesday in East Elmhurst.

“We hit shots today,” Xaverian coach Lou Piccola said. “We really hit the ball well, despite the wind blowing in.”

Anthony Amatuzzi pitched two excellent innings of relief, striking out four of the seven batters he faced, to pick up the victory for the Clippers.

Xaverian (15-1) has already locked up the Brooklyn/Queens title and will look to clinch the No. 1 spot in the seeding round of the playoffs Thursday against Bishop Ford. McClancy falls to 6-10 and could be looking at a first-round elimination game in the postseason.

Iona Prep 5, Salesian 1: Sam Garito went 1-for-3 with two RBIs and Dan Fischer was 2-for-2 to lead Iona (12-5). Joey Finnegan gave up just one run over 5-1/3 innings for the win. Salesian is 4-13.

mraimondi@nypost.com

CHSAA, Andrew Schillaci, Xaverian, Clippers, Monsignor McClancy, Lou Piccola, McClancy

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May. 18th, 2012 @ 02:42 am Hostess nearly out of options

Ho Ho, no!

Bankrupt Hostess Brands, the maker of popular snack cakes Twinkies, Ho Hos and Ding Dongs, is inching closer to liquidation.

Creditors rejected two proposals to buy the company out of bankruptcy as too low and are not optimistic about reaching a deal. Private-equity firm KPS Capital is one of two bidders that offered far less than the $860 million the creditors say they are owed, sources said.

Without a buyer, Hostess and its unions must come up with a reorganization plan if the company is to emerge from bankruptcy. Hostess filed for Chapter 11 in January, blaming its labor contracts and rising costs.

On Monday, a federal bankruptcy judge delivered a win for the company’s largest union, the Teamsters, when he denied the company’s motion to scrap its employment contracts.

Still, Judge Robert Drain took a dim view of the Teamsters’ pension funds, saying they were underfunded and needed to be restructured.

Hostess and the Teamsters have each submitted proposals for restructuring the company. Drain said both plans appeared to be largely viable options and urged the two sides to strike a compromise deal.

Hostess said its plan would allow the company to operate at a 10 percent profit margin, while the union said its plan would lead to a 9 percent profit margin.

Drain said if the two sides were unable to reach a deal, he might allow Hostess to submit a new restructuring plan.

He also sounded a cautionary note, saying the company was running out of time to present a reorganization plan.

Hostess has warned that it could be forced to liquidate if it can’t cut its pension costs. The company sent notices to its 18,000 workers warning them that it may liquidate in the next two months.

jkosman@nypost.com

Hostess Brands, Hostess, Judge Robert Drain, federal bankruptcy judge, Ho Hos, company, the Teamsters, reorganization plan

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May. 17th, 2012 @ 06:42 am Giants to receive Super Bowl rings tonight

Giants ownership, front office and the three team captains all had input on the design of their Super Bowl XLVI championship rings. Tom Coughlin, the very proud head coach, offered only one suggestion that he really wanted to see inscribed.

“I’ve been in all the meetings,’’ Coughlin said last night at the 19th annual Gridiron Gala at the Waldorf-Astoria, where Giants guard Chris Snee was among the honorees. “I think the players and the others had their statements based on the last one and what we thought would improve from the last time. They asked me, [and] I said I would like one thing on there: ‘World Champions.’ ’’

Coughlin got his wish, and, along with the entire organization, he gets to bask in the afterglow tonight when the Giants at long last get their championship rings at a ceremony at Tiffany’s flagship store on Fifth Avenue.

“It will be exciting for everybody, no doubt,’’ Coughlin said. “That’s the symbol, you know? In your heart it’s already been established. I look forward to it, I think it’s going to be very festive. Let’s face it, now it’s twice in a lifetime. It’s a wonderful thing to do it again.’’

A sneak preview of the ring was posted last month on Twitter by linebacker Clint Sintim and another yesterday by punter Steve Weatherford. The prize hardware is a 14k white gold 30 MM ring with surrounding diamonds, sapphire band (to represent Giants’ blue) and diamond footballs.

“Big and obnoxious, that’s always the goal,’’ joked guard Kevin Boothe.

“Yes, I’ve seen it and I’m excited to put it next to my other one,’’ said Snee, who received the Hometown Hero award from the United Way of New York. “This one is just as special, just got a little more color in it, that’s all.’’

Coughlin will be pleased to see that the wording “New York Giants 2011 World Champions’’ surrounds the entire ring.

The total carat weight is 1.36 in diamonds and 1.11 in sapphires. The top of the ring features the four Lombardi Trophies the Giants have won in their franchise history and also the famous “NY” team logo. On one side of the ring is the player’s name and uniform number, and on the other side is the word “Giants’’ along with the 21-17 score of Super Bowl XLVI, the Giants’ second defeat of the Patriots in four years.

The ring was designed with input from co-owners John Mara and Steve Tisch, general manager Jerry Reese, Coughlin and team captains Eli Manning, Justin Tuck and Zak DeOssie as well as representatives from Tiffany’s.

“I haven’t asked Eli, and I think he was one of the ones who got it put together,’’ wide receiver Hakeem Nicks said. “I didn’t even ask him. I wanted to be surprised. It’s going to mean a lot. It’s something I’ll always cherish and keep. I’ll be able to tell my kids’ kids about it.’’

Coughlin is hoping some of the players who were part of the championship team who are no longer on the roster will find their way to the ring ceremony.

“I wouldn’t be surprised if Aaron Ross came back,’’ Coughlin said. “Be nice to see Aaron. I hope Kareem [McKenzie] does, absolutely. Who knows? [Brandon] Jacobs might show.’’

This year’s ring is smaller in terms of carats in diamond than the 2007 version, which former Giants defensive end Michael Strahan described as a “10-table stunner’’ because it could be seen from 10 tables away. That ring featured 1.5 carats in diamonds. Four years ago, the Giants’ ring was valued at $25,000, though the team said the rings cost about $5,500 apiece.

paul.schwartz@nypost.com

Exclusive Super Bowl merchandise featuring New York Post front pages

Tom Coughlin, Coughlin, Giants, New York Giants, Giants guard Chris Snee, Super Bowl XLVI, Super Bowl XLVI, championship rings, team captains

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May. 16th, 2012 @ 10:39 am NYRA hires Handal

The New York Racing Association announced yesterday that Kenneth V. Handal has been hired as its acting general counsel and chief ethics compliance officer.

Handal is an expert in corporate ethics and compliance, governance, and risk management with almost 40 years of experience as an attorney.

The hiring comes amidst allegations that NYRA knowingly overcharged bettors and withheld $8.5 million over a 15-month period that began in September 2010 and knowingly withheld the information from the public.

Both President and CEO Charles Hayward and Senior Vice President and General Counsel Patrick Kehoe were fired by NYRA’s Board of Directors on May 4.

“This is a critical period for New York racing,” said NYRA Executive VP and Chief Operating Officer Ellen McClain. “NYRA is a $2 billion racing and wagering company, and we must operate with the highest standards and practices in the areas of corporate compliance, governance, risk management and internal controls. Ken is a crucial addition to the NYRA senior Management team and has the expertise to help guide our company through the current crisis and beyond.”

In addition to serving as the executive vice president, general counsel and corporate secretary of C A Technologies, Inc. (formerly Computer Associates), Handal was the associate general counsel and compliance counsel for Kraft Foods, Miller Beer, and Altria, the parent company of Philip Morris.

anthony.affrunti@nypost.com

Kenneth V. Handal, New York Racing Association, NYRA, risk management, corporate compliance, Patrick Kehoe, NYRA’s Board of Directors, Chief Operating Officer Ellen McClain, corporate ethics, Charles Hayward

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May. 13th, 2012 @ 02:30 am Business briefs

Iger sales

Walt Disney CEO Robert Iger sold $81.6 million in stock, according to a regulatory filing. The sale of 1.8 million shares took place on May 10 at an average price of $45.36, the filing said.

GE plea

Three former General Electric bankers were found guilty by a federal jury of defrauding cities and the IRS in a bid-rigging scheme involving muni bonds.

Sox gone

The New York Times Co. sold its remaining stake in the group that owns the Boston Red Sox baseball team and Liverpool soccer club for $63 million in cash.

Best Buy

In his last fiscal year as CEO of Best Buy, Brian Dunn received a pay package worth $7.1 million, a 42-percent rise from the prior year, according to a filing. Dunn left the company in April.

SEC calling

Avon confirmed the SEC is probing trading activity before Coty offered to buy the door-to-door cosmetics retailer last month for $10 billion. The SEC sent a letter to Avon on April 2, when Coty announced its bid, requesting phone records and other information.

Reuters

Copyright 2010 Thomson Reuters. Click For Restrictions

General Electric, Boston Red Sox, New York Times Co., Brian Dunn, Best Buy, Disney CEO Robert Iger, federal jury, SEC

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