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May 18, 2007

Suit: Ratner is one bad liar

The Brooklyn Paper

Bruce Ratner is a money-grubbing liar who tricked a well-connected businessman into investing $6 million of his own money to help Ratner acquire the New Jersey Nets with promises that he “never had any intention of fulfilling,” a bombshell lawsuit charged last week.

Eugene Greene contributed the hefty sum — and rounded up another $25 million from other investors — to help Ratner buy the Nets in 2004, but now claims that the Atlantic Yards developer reneged on his promises to make Greene “the glue that helps run this team.” ...
When Greene confronted Ratner with the alleged breach of contract at the end of 2004, Ratner told him, “I don’t remember what I said. As you know, I have a memory problem,” the court papers said.

Forest City Ratner officials did not respond to several requests from The Brooklyn Paper to address Greene’s serious charges. But the company’s outside press spokesman, Joe DePlasco of Dan Klores Communications, told The Brooklyn Paper that Forest City “disagrees with Mr. Greene’s allegations and will fight them.”

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Posted by lumi at May 18, 2007 8:44 AM