Believe it or not, I noticed yesterday that imdb.com lists an actor named Terrence E. McNally. Even the first name is spelled the same, the only difference is the middle initial. I just looked him up, and one of his credits is THE YOUNG AND THE RESTLESS. You can look him up on imdb, or here is the link to his Wikipedia entry.
So I guess the people at THE YOUNG AND THE RESTLESS got confused. Someone should tell them that their Terrence McNally is apparently still with us.