Another Reason to Hate the Mets

February 8, 2011

Via the NY Times Dealbook, Bernie Madoff’s bankruptcy trustee filed a 365 page complaint against the New York Mets’ owners (and their business affiliates) to reclaim $300 million in profits the owners made from Madoff accounts.   Basically, Madoff’s trustee (who administers Madoff’s bankruptcy estate on behalf of Madoff’s unpaid creditors and victims) is seeking to recover from those who made money on investments with Madoff.  I’m certain there are more cases like this out there in connection with Madoff profiteers, this one gets ink because of its connection to Major League Baseball.


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