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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Catsimatidis Has No Cash for Employees, Web Site
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