How Investing in Madoff Created Bloat with the New York Mets

For the most part, it’s done. The legal cloud that has hung over the New York Mets at least sees a crack of light through it as a $162 million settlement was reached yesterday morning with the trustee looking to recoup what was seen as “net wins” by ownership of the Mets investing heavily with Bernie Madoff, the man behind the largest Ponzi scheme in US history. And while the settlement eases the legal woes for the Mets, it really is nothing more than a zero net gain. Yes, no more money can be extracted through the legal case, but larger issues are what have placed the club in such a precarious state. 
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