Monday, January 31, 2011

Bayou (Strike one!) Madoff (Strike Two!)

Before the owners of the NY Mets invested big-time with Bernie Madoff and made handsome fictitious profits, they entrusted millions to, yes, our old friend Sam Israel and his Ponzi scheme.

Why is truth so implausible compared with fiction?

Fred Wilpon and Saul Katz may have to give back their Madoff "profits." Will they also have to fork over additional millions?

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