Nov 4, 2011, 2:29 PM EDT
The big one — the case brought by the bankruptcy trustee for the Bernie Madoff debacle — is still going on, but the Mets are now poised to settle a bit of business.
It’s a lawsuit brought by employees of Sterling Equities — the company run by Fred Wilpon and Saul Katz — accusing the Mets owners of breaching the fiduciary duties by mishandling investments with Madoff, putting employee 401K money with him and that sort of thing.
Terms of the settlement weren’t disclosed, but it’s not like you or I care about that so much. The key here is that, one-by-one, Wilpon and Katz are getting this stuff put to bed. I would guess that they’ll get the big case brought by Irving Picard put to bed soon too. And they’ll have some minority investors in place, at least if you believe them when they say how much interest there is in all of that.
After that, baseball will be the primary order of the day in Queens.
(thanks to Martin S. for the heads up)
- Mariners fire general manager Jack Zduriencik 34
- Pedro Martinez wonders if bad chemistry is the reason the Tigers and Mariners are out of contention 38
- Vote of non-confidence: Reds owner says manager Bryan Price won’t be fired before the season is over 15
- And That Happened: Thursday’s scores and highlights 77
- Denard Span headed back to DL with hip inflammation, unlikely to return this season 10
- Report: Barry Bonds loses collusion case against MLB 40
- Jessica Mendoza to sit in for Curt Schilling on Sunday Night Baseball this week 80
- And That Happened: Wednesday’s scores and highlights 78
- Sarah Palin sticks up for Curt Schilling, tells ESPN to “stick to sports” (214)
- Dan Patrick: When does ESPN cut ties with Curt Schilling? (199)
- Curt Schilling taken off of Little League World Series duty for making a really bad tweet (169)
- Curt Schilling taken off of ESPN’s Sunday Night Baseball telecast this week (134)
- Phillies announcer calls Mets fans “obnoxious” (122)