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Hoist By His Own Picard

Fred Wilpon and Saul Katz are not the most sympathetic defendants, and public anger over Bernie Madoff’s crimes is still high, but none of that excuses the way the owners of the Mets baseball franchise were pursued and vilified as alleged partners in his Ponzi scheme. So there’s justice in their settlement this week with bankruptcy trustee Irving Picard, whose abusive quasi-prosecutorial methods backfired.
More in the Wall Street Journal here.

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