Proceeds from the ads below will be donated to the
Bob Wuesthoff scholarship fund.
Friday, December 12, 2008 |
Mets Owners Wilpons Among Those Fleeced In Emerging Madoff Ponzi Scheme
The New York Daily News reports that Mets owners Fred Wilpon is among those fleeced by Bernard Madoff's $50 billion Ponzi scheme. The Wilpons, with investment partner Saul Katz, could have lost as much as $300 million. The company refuses to say how much was invested or whether it will affect the operation of the Mets.
Update: Bloomberg News has more on this, including an excerpt of a released statement from Sterling Equities:
“This news does not affect the day-to-day operations and long-term plans of the Mets organization and the Citi Field project,” the team said in an emailed statement.
Labels: mets, ouch, stupid ideas
Newer› ‹Older
 |
Post a Comment
Note: Only a member of this blog may post a comment.