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110 sats \ 3 replies \ @Undisciplined 2 Jul \ on: Happy Bobby Bonilla Day! Why the Mets pay him $1.19 million every July 1 Stacker_Sports
At the time, Mets ownership was invested in a Bernie Madoff account that promised double-digit returns
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42 sats \ 2 replies \ @BlokchainB OP 2 Jul
That damn madoff
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71 sats \ 1 reply \ @Undisciplined 2 Jul
These buyout deals are pretty common, but I wasn't expecting it to be tied up in a failed Madoff scheme.
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0 sats \ 0 replies \ @BlokchainB OP 2 Jul
But it make sense why pay Bobby $6M when you can give it to madoff and he generates a 20% return that you can pay the 1.19 mil over 20 years?
This is the very reason why yield exists! I’m starting to think getting yield is more addictive than sugar, fatty foods and porn
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