DD Support Board and Research Team

[janice shell]

You don't follow baseball and his net worth has been estimated to be around $18B after he bought the Mets so in fact it was a small check. It was 10% of his net worth and he made a clean get away.

Thanks for the link but I am familiar with exactly what happened.

Cohen did not "buy the Mets" AFTER he cut his plea deal and paid his fines and penalties. He bought an 8 percent stake in the team in 2012 for $40 million. He did not become majority owner until he really did "buy the team" in 2020:

https://apnews.com/article/mlb-new-york-baseball-new-york-city-new-york-mets-576c039aa3792df71bcc638633c9e489#:~:text=was%20sold%20to%20Bertelsmann%20AG,had%20become%20an%20acrimonious%20partnership.

Do you think these hedge fund managers have ethics?

Some do; some don't.