Great news article in the Daily News
By Michael O’keeffe AND Teri Thompson / NEW YORK DAILY NEWS
After U.S. District Court Judge Jed Rakoff dismissed most of the counts in Irving Picard’s $1 billion lawsuit against the owners of the Mets in September, the trustee in the Bernie Madoffliquidation case embarked on an aggressive campaign to dig up dirt….But according the Mets’ filing, Picard did not find any evidence that Mets owners Fred Wilpon and Saul Katzknew Madoff was running a massive Ponzi scheme, or that Wilpon and Katz had willfully turned a blind eye to Madoff’s scam. Instead, the filing says, Picard’s investigation confirmed that Wilpon and Katz did not know about Madoff’s scheme until it was too late.
by Michael O’keeffe AND Teri Thompson / NEW YORK DAILY NEWS