Madoff investor commits suicide in New York

[marketsurfer]

Quote from swtrader:

they'd have to very carefully pick a place to snip it off, or "collar" it with a radio blocking wrap

but doable

remember, this is a case where a guy had almost unlimited means for a plan B

most people dont, and would exhaust funds quickly

Why wouldn't he have just disapeared prior, instead of implicating himself?

your logic makes little sense given the circumstances.

Capital access has nothing to do with it at this point.

surf

 

[swtrader]

Quote from marketsurfer:

Why wouldn't he have just disapeared prior, instead of implicating himself?

your logic makes little sense given the circumstances.

surf

well, truth be told, he didnt confide to me what he was up to, so i dont know

but, like a longer trend trader, he may have had a bias toward sticking with PLAN A through what could be false alarms, until proven that plan A is dead

he would still be giving up a lot shifting to plan B, and may have been hesitant to do it, and such transitions may not always go smoothly - he might be at plan C

 

[smilingsynic]

Quote from flytiger:

Richard Dreyfus. Or maybe Paul Newman. Madoff is just as dead.

Dreyfus would be fine--he's good at playing pricks. How about Chris Carter, or even Robert Patrick.

 

[stock777]

What's amazing is that there haven't been more of these during this long fall from grace for the scum that run our financial system.

By now, there should have been 1000 such deaths, bankers, real estate brokers, you name it.

Shows you people just dont have any pride in their work.

 

[swtrader]

Quote from stock777:

What's amazing is that there haven't been more of these during this long fall from grace for the scum that run our financial system.

By now, there should have been 1000 such deaths, bankers, real estate brokers, you name it.

Shows you people just dont have any pride in their work.

why kill yourself, when you can just hop on a private jet and go to washington for a bailout?

 

[flytiger]

Quote from ipatent:

With the $hit$torm that is coming Madoff will be yesterday's news before long.

Well you saw Aguirre saying more Madoff's . You know he's wired, and the hero of any staffer that's honest. So, I think you're very correct.

That, and the fact thse Banks and Hf's are hiding a ton of stuff, because they're spineless, and think if they hide, the boogey man will go away.

 

[tradersboredom]

it's just total GREED

this guy had it made with a 50 billion dollar portfolio under manageement his fees was like $500 million per year and making only 10% return.

investors could do better investing in bonds or real estate.

Quote from swtrader:

they'd have to very carefully pick a place to snip it off, or "collar" it with a radio blocking wrap

but doable

remember, this is a case where a guy had almost unlimited means for a plan B

most people dont, and would exhaust funds quickly

i just cant believe aq guy would steal that much, then have no interest in using what he gained to 'make his own luck' when things got hot

about the only thing all that surplus stolen money could really do for him

 

[athlonmank8]

Quote from Anaconda:

What pressures?

Just how ridiculous are some rich people? He should take a walk around NYC and see people with some real pressures, no home, no family and barely anything to eat. Let alone see what happens in third world countries.

It's just hard to have sympathy, I'm sorry, but it is. I do kinda feel sorry for his family.

Yup. Agree. Saw someone up against a building last night with just a blanket and rainboots in the middle of 0 degree temps and snow.

(I could have helped but I wasn't able to pull over)

I don't have too much sympathy for anyone but his family. If that's how money made him feel that's just too bad.

Honestly, this is one of the reasons I fear going into this profession. There's some crazies out there

 

[donnap]

Quote from turkeyneck:







It said Thierry de la Villehuchet, 65, co-founder of Access International, a fund management company, had been "unable to resist the pressures that followed the eruption of the scandal."

Perhaps he was running his own ponzi scheme and Madoff's failure ruined his own chances of covering it up. Wouldn't surprse me. Time will tell.

 

[Renegen]

Quote from swtrader:

why kill yourself, when you can just hop on a private jet and go to washington for a bailout?

President Harding, whose qualities and faults are very close to Bush died mysteriously as news of the corruption and incompetence of his administration surfaced. By comparison Bush doesn't feel any shame at all and he goes around prancing and trying to do the most in his last days. It really is a different time.