Mets Settle on Madoff Money

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A Bernard Madoff New York Mets baseball jacket is displayed during a press preview of a U.S. Marhals Service auction of personal property seized from Bernard and Ruth Madoff.

Greg David, director of the Business & Economics Reporting Program at CUNY Journalism School and contributor to Crain's New York Business Modern New York:The Life and Economics of a City, discusses the settlement in the civil suit alleging the Mets' owners knowingly profited from Madoff's fraud.