Tuesday, August 24, 2010

Bank Book: Madoff on the Mets

Picked 'em for the pennant, did he?

"Suit says Mets owners should have noticed Madoff scheme" by Larry Neumeister, Associated Press | July 31, 2010

NEW YORK — The owners of the New York Mets should be held accountable for letting their workers put more than $16 million in 401(k) assets into accounts controlled by jailed financier Bernard L. Madoff, a widow said in a lawsuit filed yesterday....

The court-appointed trustee who is recovering Madoff money for investors has said the Mets profited by nearly $48 million from their roughly $523 million in investments with Madoff....

Looks like a home run for the Mets!


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Related:
Down the MSM Memory Hole With Madoff

Pretty much, and we all know why.