For the owners of the Mets, Fred Wilpon and Saul Katz, that question has in recent weeks become a very personal, even urgent one. The trustee for the victims of Bernard L. Madoff’s Ponzi scheme, Irving H. Picard, has sued the owners, seeking hundreds of millions of dollars — in part, Picard contends, because the owners either knew or should have known that Madoff’s investment operation was a potential fraud.
The lawsuit has been filed under seal in federal bankruptcy court, so any evidence Picard has to support his contention is not publicly known. On Thursday, however, Picard and lawyers for Wilpon and Katz agreed to unseal the court filing, which is expected to happen Friday morning.
The big day is here! They're breaking the seal!
A thousand reporters prepare with great zeal
Just what details has Irving Picard up his sleeve?
Did Madoff coin phrase "Ya Gotta Believe"?
Or maybe the Wilpons were told of the threat
Madoff posed by Bobby Bonilla, or worse, Mr. Met
When Bernie lied to Fred, mano-a-mano
Did he also support trade for Victor Zambrano?
Then there's the money Picard wants to claw
Is "zillion" allowable under the law?
So much awaits us, then more of the same
Meanwhile, fans yearn for just one baseball game