Ruth Madoff was forced to forfeit over $80 million in assets. However, her son, Andrew, reportedly purchased her new home.
Judge Jed Rakoff, as promised, today filed a four-page order summarizing his holdings on motions by both Irving Picard (the Trustee) and the Katz/Wilpon defendants in the once-upon-a-time $1 billion dollar lawsuit in federal court in lower Manhattan.
I hate talking about and reporting the legal-ese of the Madoff case but yet another ruling came through today and so I once again called my legal contacts to interpret what it all means.
Fred Wilpon met with the media this morning in Port St. Lucie and said that he is very optimistic about the team and thinks Terry Collins and his group of players will surprise the critics this season.
This could be David Wright’s last spring training with the New York Mets, a franchise coming off three straight losing seasons and a payroll purge. Surrounded by newcomers, the senior Met must be feeling like the last man standing.
With the sun beaming on baseball again, hope springs it annual leak for most MLB clubs. Except in Queens, where the sun rarely rises.
The owners of the New York Mets want the Supreme Court to get involved in their attempt to recover money from Bernard Madoff’s Ponzi scheme.
The New York Mets are trying to distance themselves from the Bernie Madoff as their March trial approaches.
Mets GM Sandy Alderson is hardly shocked that Jose Reyes is leaving. But with one homegrown star gone, what happens to the other?
Maybe they’ll go out and get some other players, somebody that you might want to pay very good money to see?
Reyes joining the Marlins can only leave Mets fans with feelings of what could have been. With stable ownership, Reyes would have been NY’s centerpiece for years to come.
For Miami, the winter meetings are set to open with a bang. For Mets fans, a bust.
According to ESPN, Reyes, the reigning NL batting champion, will sign a six-year, $106 million deal early this week.
The New York Mets say they have cut some of their business staff.
Ellen Gabriel, of East Yaphank, is now working three jobs in salons to just get by after her life was upended by Nicholas Cosmo, who ripped off 4,000 innocent victims