Monday, July 25, 2011

Einhorn treated briefly with SIPC better hand against Wilpon

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Bloomberg reported that the Securities Investor Protection Corp. a bid by the owners of the New York Mets, Fred Wilpon and Saul Katz, to dismiss, one billion US dollar lawsuit by the trustee liquidation of Bernard L. Madoff company in a Court yesterday submission fought.
The short means essentially that Irving Picard, the trustee in the case of shares, at restore of $ 300 million in the so fictional invests referred to win and $700 million in capital with Madoff will make progress Madoff in his lawsuit against Wilpon, Katz and their firm, sterling.
This short, connected with Ray Bartoszek refusal to invest in the Mets without also getting a stake in their regional sports channel, SportsNet New York, hedge fund manager David Einhorn is more with the team owners, use because the Mets, much to lose, have experience a mountain of debt and declining attendance of this season.
Einhorn, a poker buff, played his hand with the Mets nice and get he searched for probably the business, which, which.

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