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Old 08-28-2009, 12:19 PM
gales0678 gales0678 is offline
Oriental Park
 
Join Date: May 2006
Location: new york
Posts: 3,670
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Quote:
Originally Posted by Cannon Shell
http://www.reuters.com/article/newsO...57R3KY20090828

Wilpon banged out by Madoff. Right now they are worth about .50 cents.

not shocking chuck, these guys kept denying that this incident wouldn't force them to sell the team, this just did not make much sense

a lot of madoff clients kept putting in more and more $$$ as uncle bernie showed steady but not too outrageous returns year in and year out, i'm sure some of the profits from flushing each year found their way over to the lipstick building in manhattan

you would think wilpon could have checked that a 1 man accounting firm was auditing the books for a billion dollar enterprise....just goes to show you that guys that got $$$ can be dumb like the rest of us
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