Bernie Madoff, Mets fan
- From: albnym <nobody@xxxxxxxxxxxxxxxxx>
- Date: Wed, 8 Apr 2009 09:00:24 -0600 (MDT)
Bernard Madoff's $80,000 New York Mets baseball season
tickets may be sold -- sort of -- to the highest bidder on
The trustee liquidating Madoff's assets wants court
permission to sell the tickets in an online auction and use
the proceeds to help reimburse Madoff's defrauded customers.
But the buyer will not get Madoff's exact seats.
Madoff's tickets were for two seats in the second row
behind home plate in the Delta Club Platinum section and
had a face value of about $80,191, or $295 to $695 per
Court-appointed trustee Irving Picard has worked out a deal
with the Mets to exchange Madoff's seats for two less
expensive ones a few sections over and a few rows back with
a face value of $60,750.
The trustee would get a $19,440 refund for the difference
between the platinum and gold seats, a lawyer for the
trustee said in a U.S. Bankruptcy Court filing on Tuesday.
"While the tickets are still for excellent and exclusive
seats, it is the view of the trustee that the less
expensive tickets will be more marketable, especially given
the current economic environment," attorney Marc
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