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Mets could ‘fall into the laps’ of Alex Rodriguez, Jennifer Lopez at huge discount

Mets could ‘fall into the laps’ of Alex Rodriguez, Jennifer Lopez at huge discount

Alex Rodriguez and Jennifer Lopez are looking to pick up the Mets with a little help from a friend, and at a coronavirus discount.According to multiple sources familiar with the situation, J-Rod is assembling an ownership group of four to five people who could pay up front for the entire franchise. But insiders also point out that the Wilpon family, which has been trying to sell the team for months, might have to accept a low offer thanks to the financial impact of the pandemic.“He’s got a group with some real names,” one source familiar with the J-Rod bid told The Post. “Alex is gonna get...

April 21, 2020
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Alex Rodriguez emerges as potential Mets buyer

Alex Rodriguez emerges as potential Mets buyer

If anyone thought the soap-opera sale of the New York Mets couldn’t get any crazier , they were A-Rod levels of wrong.According to multiple sources, the newest name to emerge as a potential suitor to buy the Mets is none other than Alex Rodriguez. Baseball and Wall Street insiders told The Post that the controversial former Yankees superstar is “kicking the tires” on the idea of getting into an upcoming auction for the team. This comes after Cohen, the billionaire hedge fund manager, for 80 percent of the team last week upon learning that the Wilpon family would not be surrendering control...

February 14, 2020
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‘Jeff Wilpon hates Steve Cohen’: Simmering feud won’t stop billionaire’s Mets pursuit

‘Jeff Wilpon hates Steve Cohen’: Simmering feud won’t stop billionaire’s Mets pursuit

Steve Cohen wants the Mets, and he will not go away quietly.On Sunday, reports swirled that the Wilpons are getting ready to sell their baseball team That news came just days after The Post detailed a flurry of tips that of getting approved in light of recent complaints filed against his hedge fund by former and current female employees.But Cohen, who is estimated to be worth $14 billion, can offer the most for his childhood baseball team and clearly sees the recent news as attempts to rattle the front-runner.“Steve is committed to seeing this process through for the good of baseball and...

August 17, 2020
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Free trading app Robinhood may be behind Virtu’s stellar 2Q

Free trading app Robinhood may be behind Virtu’s stellar 2Q

Mom-and-pop investors spending like Robinhood weren’t all winners in the June rally they fueled, but one Wall Street firm that executed their trades appears to have made out big.Virtu Financial, a $10 billion Manhattan-based provider of trading services, announced gangbuster trading income on Friday, which Wall Streeters say is due in part to theFor the three months ended in June, during which the Dow Jones Industrial Average grew by 23 percent, Virtu, a large purchaser of Robinhood order flow, said its trading income grew 180 percent over last year’s second quarter — thanks in part to a...

August 7, 2020
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Reddit crew aims to form super PAC in support of retail traders

Reddit crew aims to form super PAC in support of retail traders

A growing band of retail traders is coming together to make it clear that they hate Wall Street almost as much as they “like the stock,” perhaps highlighting the growing potency of average investors in a new era of investing.   A new political-action committee called WeLikeTheStock.wtf claims to have raised thousands of dollars in small donations in just a matter of weeks, and its founders have come to discover that their lighthearted approach to giving average individual investors a voice while sticking it to hedge funds, fat cat bankers, stock exchanges, and traditional trading...

March 23, 2021
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Fed blames ‘operational error’ that crashed Fedwire, other key systems

Fed blames ‘operational error’ that crashed Fedwire, other key systems

The Federal Reserve said it is restoring services that were thrown offline Wednesday by an “operational error” that spurred outages in a dozen areas, including check clearing and Fedwire, which handles trillions of dollars in transactions daily for the world’s biggest banks.“A Federal Reserve operational error resulted in disruption of service in several business lines,” the Fed . “We are restoring services and are communicating with all Federal Reserve Financial Services customers about the status of operations.”All nine of the Fed’s electronic services crashed in the early afternoon, and...

February 24, 2021
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Bill de Blasio is trying to kill Mets sale to Steve Cohen

Bill de Blasio is trying to kill Mets sale to Steve Cohen

Bill de Blasio has privately told Major League Baseball that he will do everything he can to stop Steve Cohen from buying the Mets.The Post has learned that Hizzoner called MLB commissioner Rob Manfred earlier this month and told him outright that he opposed the idea of a hedge-fund billionaire buying a local team and would be using his oversight power of the city’s control of the Citi Field lease to prevent the sale from being finalized.A source inside City Hall confirmed to The Post that de Blasio did call Manfred, but said the mayor’s message to the MLB commish was “very close to what...

October 28, 2020
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