In a picture hanging in New York Gov. Andrew Cuomo’s inner office, Cuomo is a young housing secretary at a Democratic dinner dais where his father, then-Gov. Mario Cuomo, was to introduce Bill Clinton, the president and Andrew’s boss at the time.
A federal appeals panel reviewing a compensation plan for former clients of disgraced financier Bernard Madoff cast doubt on claims by the embattled owners of the Mets — and other investors — that they have a right to keep millions of dollars of fictitious profits.
Former Gov. Mario Cuomo listened intently to the legal arguments in the courtroom Thursday. He has been appointed to work out an agreement between the trustee and the Mets owners.
Using the six-year look back period involved in bankruptcies in New York, the following will try to lay out the parameters for a possible settlement of the Madoff lawsuit involving the Wilpon/Katz defendants.
Bernard Madoff said in an interview published online Tuesday that Mets owners Fred Wilpon and Saul Katz “knew nothing” about his scheme to fleece victims out of billions of dollars.
Mark Cuban and L.I. businessman Martin Silver have been linked to the Mets in the weeks since the Wilpons announced they would explore a partial sale. Mayor Bloomberg doesn’t want in on the action. Neither does funny man Jerry Seinfeld.
When the news broke Thursday on Mike Francesa’s show that former NY Governor Mario Cuomo had been appointed to mediate the Picard/Wilpon-Katz dispute, Mike had a number of questions. Here are the answers.
Now batting in the legal mess involving Bernard Madoff and the Mets: Former New York Governor Mario Cuomo.