Fred and Jeff Wilpon said they may sell up to 25 percent of the New York Mets because of a lawsuit in the Bernard L. Madoff case, after insisting for months the baseball club was safe from the biggest Ponzi scheme in U.S. history.
New York Governor Andrew Cuomo, riding record approval ratings, may use his second year to consolidate agencies, raise the retirement age for new workers and lower costs for local governments as he closes a $2 billion budget gap.
Fay Vincent , the former Major League Baseball commissioner who presided over a players lockout in 1990, said Pittsburgh Steelers president emeritus Dan Rooney may be instrumental in negotiating a labor deal between National Football League players and owners.
Billionaire hedge-fund manager Steve Cohen is bidding for the Los Angeles Dodgers, according to a person familiar with the effort, his second try this year to buy at least a piece of a Major League Baseball team.
The trustee in the Bernard Madoff bankruptcy is seeking more than $295 million from the owners of the New York Mets, claiming they ignored warnings of the fraud because they were “in too deep” financially.