Judge Allows Madoff’s Mets Tickets to be Sold Off to Raise Funds
April 14th, 2009 Posted in Scandals
A federal bankruptcy judge signed off Tuesday on a plan to raise tens of thousands of dollars for victims of the Bernard Madoff fraud by auctioning off pricey New York Mets season tickets owned by the disgraced financier’s investment firm.
Before signing an order allowing a court-appointed trustee to sell the tickets at the New York Mets sparkling new ballpark to the highest Internet bidder, U.S. Bankruptcy Judge Burton Lifland playfully suggested that the team needed to rebound from its mediocre start to help the cause.
“Suppose the trustee would wait a couple of months to see if the Mets do well?” Burton quipped at a brief hearing in a lower Manhattan courthouse.
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