A bit of bad press today for John Catsimatidis, the billionaire mogul who controls Gristede's supermarket chain and is mulling a bid for mayor in 2009. A federal judge has ruled that the company neglected to pay overtime and may now be forced to cough up as much as $25 million to settle the claims by more than 400 employees. One other thing that Catsimatidis hasn't been willing to spend his hard-earned cash on: the $7.95 annual fee to renew the domain for the newspaper he owns, The Hellenic Times. Be careful! If you click on the links at the bottom of the page, you'll be directed to sites with names like "Monsters of Cock" and a neverending series of pornographic pop-ups.
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Billionaires
Catsimatidis Has No Cash for Employees, Web Site
- Posted at 3:34PM on Sep 03, 2008
Email- Filed Under: John Catsimatidis
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Italian, Trump Park Avenue, Knighted, Oscar winner, Porsche owner, Vegan, Former model, Registered Republican, 941 Park, Forbes 400, Lebanese, Bearded, Taiwanese, MoMA board, Editor-in-chief
