Monday, March 19, 2012
Trustee Authority
I read this long New Yorker article when it came out last year. It's about the New York Mets' owners' involvement with Bernie Madoff. I remember being struck by the absolute authority of the bankruptcy trustee overseeing the remaining assets of the Madoff ponzi scheme. I thought about it again with today's $162 million settlement by the owners of the Mets.
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