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    Mets owners ask high court for help in Madoff case

    NEW YORK (AP) — The New York Mets' owners want the Supreme Court to decide whether only those investors who lost money should get a share of proceeds recovered from Bernard Madoff's Ponzi scheme.

    Sterling Equities Associates, which owns the Mets, on Feb. 3 asked the high court to hear the case. It will probably take months before justices decide if they will.

    Thousands of investors lost billions of dollars before Madoff revealed his scheme in 2008. Judges repeatedly agreed with a trustee trying to recover money for investors that only those who lost their original investment can get a portion of what he recovers.

    Trustee spokeswoman Amanda Remus says the Supreme Court should decline to hear the case because Sterling Equities is offering the same arguments that were already rejected by lower courts.

     

    5 comments

    • Joseph_Cool  •  Atlanta, Georgia  •  3 mths ago
      Sell the Mets you incompetent boobs!!
    • Suit of Flames  •  3 mths ago
      Waaa waaa, we'er rich men who got ripped off by a rich man; now we want big government's help to get more money then we deserve and then bill the taxpayer and build more new stadiums
    • uub  •  White Plains, New York  •  3 mths ago
      Can't make smart investments; can't run a winnin' ball club. Mets next edition looks like '69 de ja vu (and Yogi ain't a-comin' back this time). Sell the team, preferably to someone in the George S. family who likes winners. Boy, wouldn't that be fun - a Steinbrenner cross-town rivalry to beat the band???
    • willis  •  3 mths ago
      if i were to get ripped off by a conman id be up sh-ts creek with no paddle but because these clowns are suppossed to be rich and own a sports team thats suppossed to take precedence over the way they get handled versus the rest of us
    • OLDPOPSIR  •  Indianapolis, Indiana  •  3 mths ago
      Strange...I thought the Supreme Court only heard cases that had been heard at lower courts. It's called an APPEAL!
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