Description:On December 11, 2008, in the middle of a busy baseball offseason, Bernard Madoff was arrested for orchestrating a massive financial fraud. Among his chief investors was Mets owner Fred Wilpon, who not only lost a major revenue stream as a result, but is now being sued for "fictitious profits" that he now owes to other Madoff victims. To the tune of almost a billion dollars.How did this happen? Where did Wilpon go wrong, and why does a fraud victim suddenly "owe" money? The truth about these questions has been largely hidden, but in this short book, the whole story is fully revealed. In this tight narrative, Howard Megdal tells the dramatic financial tale and proves a surprising Wilpon's thirty-year reign as owner of the Mets is about to end.Perhaps the most public victim of the Madoff scandal, Wilpon now faces a long road, and likely a difficult offseason. Here Megdal articulates both Wilpon's position and those against him. Like Michael Lewis' "The Big Short," this book unravels the world of a major investment scandal through an entertaining and recognizable story.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Wilpon's Folly - The Story of a Man, His Fortune, and the New York Mets. To get started finding Wilpon's Folly - The Story of a Man, His Fortune, and the New York Mets, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
—
Format
PDF, EPUB & Kindle Edition
Publisher
Bloomsbury Publishing PLC
Release
2011
ISBN
1608199045
Wilpon's Folly - The Story of a Man, His Fortune, and the New York Mets
Description: On December 11, 2008, in the middle of a busy baseball offseason, Bernard Madoff was arrested for orchestrating a massive financial fraud. Among his chief investors was Mets owner Fred Wilpon, who not only lost a major revenue stream as a result, but is now being sued for "fictitious profits" that he now owes to other Madoff victims. To the tune of almost a billion dollars.How did this happen? Where did Wilpon go wrong, and why does a fraud victim suddenly "owe" money? The truth about these questions has been largely hidden, but in this short book, the whole story is fully revealed. In this tight narrative, Howard Megdal tells the dramatic financial tale and proves a surprising Wilpon's thirty-year reign as owner of the Mets is about to end.Perhaps the most public victim of the Madoff scandal, Wilpon now faces a long road, and likely a difficult offseason. Here Megdal articulates both Wilpon's position and those against him. Like Michael Lewis' "The Big Short," this book unravels the world of a major investment scandal through an entertaining and recognizable story.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Wilpon's Folly - The Story of a Man, His Fortune, and the New York Mets. To get started finding Wilpon's Folly - The Story of a Man, His Fortune, and the New York Mets, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.