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Sterling Equities Suffers Huge Loss

Found December 13, 2008 on NY Baseball Digest:
via Darren Rovell CNBC: The real estate investment firm Sterling Equities, co-founded by New York Mets owners Fred Wilpon and Saul Katz, had money invested with Bernard Madoff’s firm, CNBC has confirmed. “Among our various investments, we have accounts managed by Madoff Securities,” the company said, in a statement. “We are shocked by recent events and, like [...]
Original Story: http://nybaseballdigest.com/?p=5280
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