The man who controlled four funds that invested more than $2 billion with convicted ponzi-schemer Bernie
Madoff on behalf of hundreds of investors -- including several charitable organizations -- is gonna have to cough up some serious coin to repay victims who lost loads of cash.New York Attorney G ... More >>
And you thought losing Jose Reyes was bad.
A short time ago, U.S. District Court Judge Jed S. Rakoff ruled that Mets principal owners Fred Wilpon, the Wilpon family, and their businesses and charities must pay at least $83.3 million to the trustee -- that's Irving Picard, in case you haven't been ... More >>
So what's the story? Can David Einhorn take over the Mets for just $1 in three years or can't he?
According to the usually reliable Mike Ozanian at Forbes.com yesterday, "In three years hedge fund manager David Einhorn could gain control of the New York Mets for $1.
"Last month, Einhorn ... More >>
If the last ten days in the life of Mets owners Fred and Jeff Wilpon were a baseball game, they would have been shut out, made 17 errors, and hit into a game-ending unassisted triple play. (That last feeling, admittedly, is one that they're already familiar with.)
HarkavyTime won't tell: A year later, Bernie Madoff's Rolex (not pictured above) has been auctioned off, and we still don't know what made his scheme tick.
One year ago today (December 11, 2008, that is), Bernie Madoff was arrested. But after millions of words have been written about his multibill ... More >>
Let's say you invested money with Bernie Madoff. With that monthly account statement appearing to steadily grow fatter over the years, you had no reason to think that your money was fraudulently invested.
But now, along with everyone else, you are aware that the money came out of, and vanished into ... More >>
Love the note at the Madoff Trustee Site about Friday's "Meeting of Creditors" in the auditorium of U.S. Bankruptcy Court in lower Manhattan:
Due to the fact that this case involves a criminal matter, the Trustee does not expect that any member of pre-liquidation management of BLMIS will be present ... More >>
You won't see edgy Bernie Madoff-related work like this in U.S. mainstream papers, but New York's own Jewish Daily Forward, as always, is up to the task of covering Jewish politics and news with a minimum of politically correct tiptoeing.
Above, an excerpt from Eli Valley's "The Shonda!" in the F ... More >>