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More Madoff-related Bad News
Link
cbssports.com
Because we couldn't even get one day to celebrate the end of the Luis Castillo era, Picard's latest filing claims that Madoff made an interest-free $54 million bridge loan to the Wilpons in 2004. In their defense, the Wilpons' attorney claims the money was returned the next day, when other means of financing were secured.
