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.
January 26th, 2012 at 7:43 am
11 million… Coffee money.
January 26th, 2012 at 11:29 am
PERFECT for the Mets !! I love this guy !!!
Ronny Cedeno
January 26th, 2012 at 12:38 pm
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)
January 26th, 2012 at 12:41 pm
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!
January 27th, 2012 at 4:02 pm
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.