Bernie Madoff says Wilpons “knew nothing” about Ponzi scheme

11 Comments

In a lengthy jailhouse interview with the New York Times, Bernie Madoff claims Fred Wilpon and Saul Katz knew nothing about his Ponzi scheme.

“They knew nothing. They knew nothing.”

And this matters because?

Madoff isn’t exactly the most trustworthy fellow — that’s why he’s in the slammer in the first place — and Irving Picard isn’t simply arguing that the Wilpons and Katz actually knew about the Ponzi scheme. He’s also saying that they should have known. I’m speculating here, but the likely reality is that the Wilpons and Katz just looked the other way as the money just poured in. They probably weren’t alone in that regard.

Report: Momentum in talks between Mariners, Jon Jay

Jon Durr/Getty Images
7 Comments

MLB.com’s Mark Feinsand reports that there is some momentum in talks between the Mariners and free agent outfielder Jon Jay.

Jay, 32, hit .296/.374/.375 in 433 plate appearances with the Cubs last season, which is adequate. He’s heralded more for his defense and his ability to play all three outfield spots.

The Mariners are losing center fielder Jarrod Dyson to free agency and likely don’t want to rely on Guillermo Heredia next season, hence the interest in Jay. The free agent class for center fielders is otherwise relatively weak.