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The Mets may not be buyers at the deadline

Jul 15, 2009, 10:11 AM EST

Via Ken Davidoff, word, from Larry King of all people, that Mets owner Fred Wilpon’s losses to scamster Bernie Madoff were way bigger than most of us speculated:

“There was a time when we were almost going to give him everything,”
says King. “In fact, Morgan Stanley, who I invest with, those guys used
to tell me, ‘This guy is amazing.’ I never met him, never talked to
him. We’d get the monthly statement. He was kind of like a mystery man.
He’d turn down people. My brother said, ‘Can I get to invest with
him?’–he turned him down. I think that added to the mystique.” King
mentions that the man who got King with Madoff, New York Mets owner
Fred Wilpon, lost $700 million. “Freddie says he’s not angry,” King
says, “he’s betrayed.”

I think it’s fair to say that the Mets will not be serious buyers at the trade deadline.

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