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February 16, 2011

Madoff gives jailhouse interview to NYT

http://www.jewishjournal.com/blog/item/madoff_gives_jailhouse_interview_to_nyt_20110216/

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Mr. Met, via Wikipedia

It’s been a while since I’ve mentioned Bernie Madoff, but the fallout from his multibillion-dollar scam is far from over.

In December, Madoff’s son, Mark, committed suicide. But Mets fans, who always seem to think things can’t get any worse (especially when they seem to be getting better), probably think they are worse off. That’s because the Mets owners—Fred and Jeff Wilpon and Saul Katz—had invested heavily with Madoff and now the court-appointed trustee charged with recovering the profits Madoff paid to his clients out of the accounts of other clients is trying to recover almost $1 billion from the Mets owners.

But on Tuesday Madoff, speaking with The New York Times from prison, said the Mets owners “knew nothing.” He also lashed out at the banks and hedge funds he worked with for what he labeled willful blindness. Read it all here.

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