Network Forums Mets Lupica awfully silent about the Wilpons/Madoff now
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Lupica awfully silent about the Wilpons/Madoff now
12 years ago  ::  Mar 07, 2012 - 3:52PM #11
Lola
Posts: 30,075

Mar 7, 2012 -- 12:07PM, JonahFalcon wrote:


That's "innocent"? How is Lupica right? He claimed that the Wilpons are poor rich men who are innocent of any and all wrongdoing. PS. Could go up to $300M.


Whatever the case,


1. The Wilpons are reportedly going to do the biggest payroll slash in baseball history


2. There are calls for the Wilpons to be removed as owners


3. Lupica has nothing to say about it anymore.




t


The Wilpons should be removed as the owners of the Mets.... That would be the best thing to every happen to them.

12 years ago  ::  Mar 07, 2012 - 4:04PM #12
61in61
Posts: 26,516

Mar 7, 2012 -- 12:07PM, JonahFalcon wrote:


That's "innocent"? How is Lupica right? He claimed that the Wilpons are poor rich men who are innocent of any and all wrongdoing. PS. Could go up to $300M.


Whatever the case,


1. The Wilpons are reportedly going to do the biggest payroll slash in baseball history


2. There are calls for the Wilpons to be removed as owners


3. Lupica has nothing to say about it anymore.




Because, as Lupica pointed out, this was a shakedown by Picard and the judge has pretty much said he finds little evidence that the Wilpons did not invest "in good faith" and were not participants in the Ponzi scheme. It doesn't look like Picard will be able to prove his case to get more than the $83M and it may turn out that the Wilpons won't even be liable for that much either.


You forget that the Wilpons were facing a potential $1 billion lawsuit. Having to pay only $83M is like having a first degree murder charge reduced to simple assault.

3 years ago  ::  Dec 07, 2020 - 12:53PM #13
Jon
Posts: 9,133
I'm right.

Again.

Funny how those articles are no longer online, huh?

youtu.be/fYJW6B902xE
2 years ago  ::  Sep 25, 2021 - 7:47AM #14
Jon
Posts: 9,133
2 years ago  ::  Sep 25, 2021 - 7:55AM #15
Jon
Posts: 9,133
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