Mets are Luckier with Money than Baseball

They don’t have the winningest record in MLB baseball, but the Mets hit a homerun on their investment with Bernard Madoff. The Mets ownership was one of the very few victims of the Madoff Ponzi scam to make a profit. To the tune of $48 million. But not so fast… Madoff’s court appointed trustee is set to reclaim the profits to repay those who lost. Win some lose some. See the Investment News story here. http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20091021/FREE/910219991/1094/INDaily01

October 26, 2009 In: Uncategorized Comments (None)