Over the 30 years that Fred Wilpon and Saul Katz have owned part or all of the Mets, their other business interests had remained largely out of view. Even as Wilpon’s profile in baseball grew, he and Katz were rarely referred to as anything more than real estate moguls who gave generously to charities. The trustee representing the victims of the Bernard L. Madoff fraud, Irving H. Picard, has changed that. His attempt to win $1 billion from Wilpon and Katz — whether it bankrupts them or they prevail in court and keep the Mets a family legacy — has revealed much about the histories and personalities of the team’s owners, and how they made and managed their money. Read more in the New York Times here.
