Comments for MetsBlog.com http://www.metsblog.com Latest Mets News, Links, Rumors and Opinion Fri, 04 Feb 2011 21:22:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 Comment on The road ahead for Madoff-Mets situation by Agees_Catch http://www.metsblog.com/2011/02/04/the-road-ahead-for-madoff-mets-situation/#comment-918516 Agees_Catch Fri, 04 Feb 2011 21:22:00 +0000 http://www.metsblog.com/?p=80545#comment-918516 You want the truth? You can't handle the truth. You want the truth? You can’t handle the truth.

]]> Comment on Image: Hi, remember me? by Mets fan Forever http://www.metsblog.com/2011/02/04/image-hi-my-name-is-baseball-remember-me/#comment-918515 Mets fan Forever Fri, 04 Feb 2011 21:22:00 +0000 http://www.metsblog.com/?p=80535#comment-918515 hey u no what idk about you but D wright showed so much more improvement last season than your giving him credit for....he even worked all offseason to get himself jacked just to please people like you and hit a lot more hr than he did last year...so i really wouldn't be talking...if it was a joke about Bay or Frenchy thats ok but david worked hard hey u no what idk about you but D wright showed so much more improvement last season than your giving him credit for….he even worked all offseason to get himself jacked just to please people like you and hit a lot more hr than he did last year…so i really wouldn’t be talking…if it was a joke about Bay or Frenchy thats ok but david worked hard

]]> Comment on The road ahead for Madoff-Mets situation by Anonymous http://www.metsblog.com/2011/02/04/the-road-ahead-for-madoff-mets-situation/#comment-918514 Anonymous Fri, 04 Feb 2011 21:21:00 +0000 http://www.metsblog.com/?p=80545#comment-918514 That's the chewy meaty center of the matter. If Picard can show that the Madoff was essentially a silent partner in the different part of the Wilpons business, they're toast. The last line is killer - " Sterling Partners relied on BLMIS accounts as a primary source of liquidity". if you understand how Ponzi schemes work, the ring leader NEVER lets you take money out of the account. If Bernie gave the Wilpons this speical privelage, it was one he NEVER gave his other clients. Woof - its gonna be a long year in Metdom ... That’s the chewy meaty center of the matter. If Picard can show that the Madoff was essentially a silent partner in the different part of the Wilpons business, they’re toast.

The last line is killer – ” Sterling Partners relied on BLMIS accounts as a primary source of liquidity”.

if you understand how Ponzi schemes work, the ring leader NEVER lets you take money out of the account. If Bernie gave the Wilpons this speical privelage, it was one he NEVER gave his other clients. Woof – its gonna be a long year in Metdom …

]]> Comment on The road ahead for Madoff-Mets situation by AcePPO http://www.metsblog.com/2011/02/04/the-road-ahead-for-madoff-mets-situation/#comment-918513 AcePPO Fri, 04 Feb 2011 21:21:00 +0000 http://www.metsblog.com/?p=80545#comment-918513 See, because I'm trying to figure out what the Wilpons/Katz might have done that was "wrong" aside from trusting an amoral a-hole. See, because I’m trying to figure out what the Wilpons/Katz might have done that was “wrong” aside from trusting an amoral a-hole.

]]> Comment on Image: Hi, remember me? by Anonymous http://www.metsblog.com/2011/02/04/image-hi-my-name-is-baseball-remember-me/#comment-918512 Anonymous Fri, 04 Feb 2011 21:20:00 +0000 http://www.metsblog.com/?p=80535#comment-918512 "But interviews with current and former associates of Mr. Wilpon and Mr. Katz, as well as former employees of the club, former employees of Mr. Madoff and others, make it clear that the relationship was substantial and that the role Mr. Madoff played in the financial life of the ball club and the Wilpon and Katz families was pervasive." Those leaks just didn't come from the Picard side, they came from the Mets side as well. You see, when you're writing something like this, you're looking for confirmation to what Picard alleges. The reporters believe they found that confirmation with former associates of Wilpon and Katz. That's pretty damning right there. The reporters in that story presented both sides as best as they could. It's up to the reader to decide what's what in this case. “But interviews with current and former associates of Mr. Wilpon and Mr. Katz, as well as former employees of the club, former employees of Mr. Madoff and others, make it clear that the relationship was substantial and that the role Mr. Madoff played in the financial life of the ball club and the Wilpon and Katz families was pervasive.”

Those leaks just didn’t come from the Picard side, they came from the Mets side as well. You see, when you’re writing something like this, you’re looking for confirmation to what Picard alleges. The reporters believe they found that confirmation with former associates of Wilpon and Katz. That’s pretty damning right there. The reporters in that story presented both sides as best as they could. It’s up to the reader to decide what’s what in this case.

]]> Comment on The road ahead for Madoff-Mets situation by AcePPO http://www.metsblog.com/2011/02/04/the-road-ahead-for-madoff-mets-situation/#comment-918511 AcePPO Fri, 04 Feb 2011 21:20:00 +0000 http://www.metsblog.com/?p=80545#comment-918511 But try not to enjoy it so much, all right? You've got a family who spent fifty years building up a corporation who now are in the position where they might lose everything because they trusted a con man and it looks like you couldn't be happier about it. How's that sucking hole in your chest where your heart used to be? But try not to enjoy it so much, all right? You’ve got a family who spent fifty years building up a corporation who now are in the position where they might lose everything because they trusted a con man and it looks like you couldn’t be happier about it. How’s that sucking hole in your chest where your heart used to be?

]]> Comment on The road ahead for Madoff-Mets situation by Anonymous http://www.metsblog.com/2011/02/04/the-road-ahead-for-madoff-mets-situation/#comment-918510 Anonymous Fri, 04 Feb 2011 21:19:00 +0000 http://www.metsblog.com/?p=80545#comment-918510 No, it's the minimum. No, it’s the minimum.

]]> Comment on The road ahead for Madoff-Mets situation by John Fitzgerald http://www.metsblog.com/2011/02/04/the-road-ahead-for-madoff-mets-situation/#comment-918509 John Fitzgerald Fri, 04 Feb 2011 21:19:00 +0000 http://www.metsblog.com/?p=80545#comment-918509 See my comment above and read part VIII of the lawsuit: http://online.wsj.com/public/resources/documents/metsmadoffsuit02042011.PDF IF money was was being shuttled in and out of these accounts as quickly as is being alleged, it's a big problem that is much different than if the Wilpons had lost $500 million in long-term investments the day Madoff was arrested. How could anyone know how much of that $500m was honestly earned vs. the result of ill-gotten gains funneled back into a different Madoff account? That's a huge "if." See my comment above and read part VIII of the lawsuit: http://online.wsj.com/public/resources/documents/metsmadoffsuit02042011.PDF

IF money was was being shuttled in and out of these accounts as quickly as is being alleged, it’s a big problem that is much different than if the Wilpons had lost $500 million in long-term investments the day Madoff was arrested. How could anyone know how much of that $500m was honestly earned vs. the result of ill-gotten gains funneled back into a different Madoff account?

That’s a huge “if.”

]]> Comment on The road ahead for Madoff-Mets situation by Anonymous http://www.metsblog.com/2011/02/04/the-road-ahead-for-madoff-mets-situation/#comment-918508 Anonymous Fri, 04 Feb 2011 21:18:00 +0000 http://www.metsblog.com/?p=80545#comment-918508 i love how everyone paints a victim to be a criminal just because they have more money than some of the other victims....if you had money invested with a broker you trusted, and he showed you good returns, and years late ryou find out he was a crook, did you deserve to be sued? i just dont follow this logic...now if someone can PROOVE that they new more than the average madoff investor or the GOVERNMENT than it would eb a different story...your reaction is exactly what this trustee is trying to elicit from the public to put pressure on the wilpons, and you are blindly buying in without any facts or research...so who is stupid? i love how everyone paints a victim to be a criminal just because they have more money than some of the other victims….if you had money invested with a broker you trusted, and he showed you good returns, and years late ryou find out he was a crook, did you deserve to be sued? i just dont follow this logic…now if someone can PROOVE that they new more than the average madoff investor or the GOVERNMENT than it would eb a different story…your reaction is exactly what this trustee is trying to elicit from the public to put pressure on the wilpons, and you are blindly buying in without any facts or research…so who is stupid?

]]> Comment on The road ahead for Madoff-Mets situation by 69DOGDOG86 http://www.metsblog.com/2011/02/04/the-road-ahead-for-madoff-mets-situation/#comment-918507 69DOGDOG86 Fri, 04 Feb 2011 21:17:00 +0000 http://www.metsblog.com/?p=80545#comment-918507 The Wilpons/Katz group and associated entities have lost all credibility. This is about baseball because they need to make the appropriate ammends to settle and this will impact the Mets/Citifield/SNY. Their greed had destroyed the organization and the best thing they can do now is sell and go away because I for one am disgusted by their lies. In the meantime, all Met fans cannot help but assume any moves that are made are somehow related to the Madoff association. Spring training and the season will not make this go away. Not talking about it is foolish since this issue is much more important than baseball. The Wilpons/Katz group and associated entities have lost all credibility. This is about baseball because they need to make the appropriate ammends to settle and this will impact the Mets/Citifield/SNY. Their greed had destroyed the organization and the best thing they can do now is sell and go away because I for one am disgusted by their lies. In the meantime, all Met fans cannot help but assume any moves that are made are somehow related to the Madoff association. Spring training and the season will not make this go away. Not talking about it is foolish since this issue is much more important than baseball.

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