— Days Without Shea —

Filed under: Baseball | Mets
by Kingman on May 26 at 9:09AM
http://www.loge13.com/img/kingmancard.png
Reports are circulating today that the Mets may have selected a new partner, who would own less than 49 percent of the team and no chunk of SNY. That's what $200 million gets you these days? Geez.

According to the NYT:

"One possible bidder whose name emerged Wednesday, according to two people familiar with the bidding process, was David Einhorn, a Manhattan hedge-fund manager; he grew up in New Jersey and Milwaukee and masqueraded one Halloween as the former Met Dave Kingman when he was a five or six-year-old..."

You had me at "Kingman." Any kid who dressed up as Dave Kingman, then went on to be a billionaire, is OK in my book. Einhorn may be best known as the guy who called out Lehman Brothers before the Great Recession (as chronicled in Sorkin's book "Too Big To Fail").  Einhorn gave a speech at the Ira Sohn financial conference questioning the bank's accounting. And we all know how that turned out.

Assuming Einhorn gets a peek at  the Wilpon's books, he may be able to fix a few things out at Citi Field too, maybe even find enough change to keep Reyes around.

BTW Einhorn gave a speech yesterday at the same conference. According to one report:

"David Einhorn of Greenlight Capital spoke at the Ira Sohn Conference yesterday and gave a couple of investment ideas, and showed his love for baseball, by starting his presentation off with a quote from Ken Griffey Jr. and ended it with a "Let's go Mets" chant."



 




[May 26, 2011 9:54 AM]  |  link  |  reply
Ron Hunt said

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)






























Site Map | Contact Us | About Us | Advertise With Us