Detailed text transcripts for TV channel - FOXNEWS - 20110205:00:14:00
Approximately $3 million in fictitious profits. oops? rich edson of the fox business network joins us live from d.c. this is serious stuff, rich it? >> is. the lawsuit says the mets' owners used $90 million in fake madoff profits to fund their team it goes on to say mets used the money to cover significant expenses such as payroll, pairs deferred compensation and stadium operations and consistently built into the cash flow projections. also charges it faced a severe fiscal crisis when the government revealed the scheme, shep? >> shepard: the owners of the mets seem to be digging in for a real ...
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