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.

October 26, 2009 In: Uncategorized Comments (None)