If this guy put all his eggs in one basket and the funds of others who trusted him as well, he is at best stupid, and doing it with other peoples money demonstrates the usual WS greed. Suicide was the easy way out, sorry!

Chivalry isn't dead...but he is.

....and take and take and take until there is nothing left.

Nobody who is right in their head takes their own life. He must have gotten depressed. That's the only reason people kill themselves ...

George

The title of this thread is misleading and creates quite a disappointment once you open it.

Agree.

The headlines read "Madoff Investor Commits Suicide."

A suicide note wasn't found.

And he lost over $1 Billion of his clients' cash.


Hmmmmm......

The cowards way out. Takes more man to face his failures.

+ 1000:d

Or, we're being too generous here. Very possible there was more to the story that may have come out in the Madoff trial. Perhaps this chap wasn't so honorable. Just didn't want to face the music if he was, in some way, on the take too.

I have very little faith in the morality of anyone who handles lots of OPM on Wallstreet.

+1

I wouldn't be prancing around the neighborhood if I was Madoff either. A jail cell might be the safest place for him. I think the body count has just begun.

Oh Well Wayne, there go all the stock tips you published....:D:D

I can't understand why Madoff isn't in jail without bail. If he's convicted he's going to be in jail for the rest of his life, he has untold millions sitting in Switzerland no doubt, he owns a jet that can make it to Urp nonstop. And it would probably be safer for him, as I'm sure there are a lot of formerly wealthy clients who would like to see him dead. Why not keep him locked up?

The prosecution has to make the case why bail should be denied. They couldn't—or didn't—make that case. So the judge has to grant bail. He set it at $10 million—which reflects the gravity of the crime—but is of course still peanuts for Madoff.