Settlement negotiations between the owners of the Mets and the trustee who is suing them, alleging that their company was a “net winner” in Bernard Madoff’s Ponzi scheme, ended acrimoniously today. It seems the talks broke down because the Wilpons were upset over details of the lawsuit leaking to the press, which resulted in a pretty lousy week for the Wilpons and the Mets organization. "Defendants cannot cry confidentiality to this court while publicly attacking the complaint and continuing to frustrate the public's right to know the contents of the same complaint they disparage," said the trustee's lawyer, David Sheehan. more ›

The Nets' season is quickly hitting the crapper with a six game losing streak, leaving them with a less-than-sterling 6-17 record. And while the mere fact that they exist may be enough to develop some fan base in Newark, it ain't gonna cut it once the team moves to Brooklyn in a few years. But you know what might get the fans in? Forget Carmelo Anthony—try free beer. more ›

Recently, IFC News was at the Walter Reade Theater for a New York Film Festival Press Conference for the Brian De Palma film Redacted, where the director was found defending his edit. At the end of the film disturbing images are shown in a montage sequence, photographs that Brian De Palma says "all exist on the internet." That may be so, but Magnolia Pictures owner Mark Cuban doesn't want them on the big screen. more ›

What the heck? The Crain's reports that Rudy Giuliani and a team of other investors may make a bid to buy the Chicago Cubs. Hall of Fame Cubs shortstop Ernie Banks ("Let's Play Two!") is interested in buying the team, though current owner, the Tribune Co. claims the team is not for sale (in spite of other scuttlebutt that Mark Cuban may be interested in the Cubs as well). And Banks says Giuliani Partners and LA-based Comstock Capital approached him about the deal, but neither firm would confirm that much. more ›

DCist is screwed in the event of an oil crisis. Not that we're not all screwed in the event of an oil crisis, just D.C. is more screwed. Don't sell your car yet, District resident, a cabbie can kick you to the curb if he doesn't like your address. Not even Metro can save you now. more ›