Einhorn Insider Trading

Wow! Now even the guys who were supposed to save the Mets are dirty.

According to Heyman David Einhorn & firm were fined $11M by UK authorities for trading on insider info.

Could you imagine the jokes that would ensue if Wilpon and the Mets were now legally tied to Einhorn? 

One has to wonder if the Wilpons caught wind of this and walked away from the deal. I doubt the Wilponzis would be savvy enough to learn of Einhorns dirt but maybe MLB uncovered something and the deal was killed.

Admittedly I don’t know the details but if fines were levied there must have been an investigation going on for a while, right? I mean you don’t just hit someone with an 11 M fine without some serious due dilligence.

5 Responses to “Einhorn Insider Trading”

  1. ACE Says:

    11 million… Coffee money.

  2. Matt the Met Fan Says:

    PERFECT for the Mets !! I love this guy !!!

    Ronny Cedeno

  3. CowCrusher Says:

    Maybe it is “coffee money” to them but it could be the GDP for a small island country in the Carribean (without any off-shore banking)

  4. Florida Met Fan Rich Says:

    Its hard to tell which is worse:

    The off the field talk, lack of doing anything worthwile to improve the team and distractions over the past winter or the actual team that will play between the lines during the 2012 season.

    You make the call!

    I am betting on that it will be so quiet in Shea 2 this year that you will be able to hear dugout conversations in the upper deck!

  5. the dude formerly known as bill l. Says:

    I think Wilpon looked at the deal Einhorn was asking for and realized that he would wind up losing the club to him under those terms and that’s why he pulled out of the deal. Einhorn always gave me the creeps– he wanted to pay his buy-in and then just sit back while the team sucked, while he just bided his time until the Wilpons got out. Not exactly the ideal partnership– I wanted someone who wanted the Mets to do well, and the sooner the better. Not someone whose interests lay in their continuing to lose money and play poorly.

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