Sterling Mets fleeced for up to $300 million dollars

Sailor Bob's picture
Submitted by Sailor Bob on Sat, 12/13/2008 - 09:24

Apparently, the Mets, Sterling Equities was tied up in trader Bernard Madoff's financial fraud, and may have lost up to $300 million dollars. The impact on the team is not public, but this will undoubtedly affect financial decisions that are made the rest of the winter.

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robsafuto's picture

There Go The Ticket Prices

Submitted by robsafuto on Mon, 12/15/2008 - 11:43.

One thing is for sure. Whatever bump we were going to see in the ticket prices I'll bet this causes the owners to push the prices up a little more.

Debbie James - Sterling Jewelry's picture

I'm not surprised at all

Submitted by Debbie James - Sterling Jewelry (not verified) on Thu, 01/29/2009 - 05:06.

I'm not surprised at all that it happened. They should have known better. Madoff's always been into cloudy transactions for the past few years. And again in the end, it's the people who will be victimized.

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