MACY CONTROL: Outside directors of R.H. Macy & Co. Inc. are in theprocess of taking control of its board, the troubled department storechain said today. The move is required under terms of Macy's 1986management-led leveraged buyout because of the company's bankruptcycourt filing three months ago, said Michael Freitag, an employee ofthe public relations firm Kekst & Co., a spokesman for Macy. Sixboard members who are Macy executives are resigning and will not bereplaced, Freitag said. Three insiders will remain, includingChairman Edward Finkelstein. CFTC CHARGES: Federal regulators today filed fraud charges againstfutures traders at two New York exchanges, saying they …
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