Quote:
Originally Posted by seanofjapan
Yeah, “if” the Mets had earned an 8% annual return on that money they could have come out ahead.
In reality the Mets owner invested the money in the Bernie Madoff Ponzi scheme and lost it, along with hundreds of millions more, before paying the first dime on the Bonilla deal.
So I stick by my “Mets were stupid” assessment.
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Ok. They were stupid for arranging a smart deal that would have allowed them to make a profit absent someone else's fraud. Got it.