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-   -   Madoff Commits Suicide (http://forums.pelicanparts.com/off-topic-discussions/447887-madoff-commits-suicide.html)

126coupe 12-24-2008 07:48 AM

Madoff Commits Suicide
 
Slashed his wrists with a box cutter

cgarr 12-24-2008 07:52 AM

Isn't that against the law?

onlycafe 12-24-2008 07:58 AM

not madoff, it was this guy.

Rene-Thierry Magon de la Villehuchet was found sitting at his desk at about 8am with both wrists slashed, New York police spokesman Paul Browne said.

the 12-24-2008 07:58 AM

I think your post title is missing a word.

126coupe 12-24-2008 08:02 AM

Quote:

Originally Posted by onlycafe (Post 4377854)
not madoff, it was this guy.

Rene-Thierry Magon de la Villehuchet was found sitting at his desk at about 8am with both wrists slashed, New York police spokesman Paul Browne said.

woops, my wife gave me wrong info, thanks for the clarification SmileWavy

Jim Richards 12-24-2008 08:03 AM

Ya gotta love Wall Street.

sammyg2 12-24-2008 08:07 AM

Quote:

Rene-Thierry Magon de la Villehuchet
If I had a name like that I'd be a little depressed too ;)

What kind of asshat thinks his life is only worth living if he has lots of money? Kind of makes a personal statement, doesn't it?

I like money as much or more than the next guy, but it doesn't dictate how much my life is worth.

speeder 12-24-2008 08:14 AM

I think it was more that he lost other people's life savings, not lack of money in his account.

stomachmonkey 12-24-2008 08:16 AM

Quote:

Originally Posted by sammyg2 (Post 4377875)
If I had a name like that I'd be a little depressed too ;)

What kind of asshat thinks his life is only worth living if he has lots of money? Kind of makes a personal statement, doesn't it?

I like money as much or more than the next guy, but it doesn't dictate how much my life is worth.

I think it was because he was running a fund that was heavily invested in Madoff and lost a lot of people a lot of money.

Heard he was trying to recoup money for his clients and probably realized it was a lost cause.

pwd72s 12-24-2008 12:10 PM

He probably figured life wasn't worth living in a federal lockup...

Hawktel 12-24-2008 12:53 PM

It wasn't Madoff, but a money manager who invested in him.


And I don't think it was over his money. Believe it or not a lot of investment bankers take the clients money very seriously.

Perhaps too seriously in this case.

Tishabet 12-24-2008 12:55 PM

From what I understand, this guy invested both his clients' money and his own with Madoff, and of course that money is now gone. I don't think anyone has accused him of any personal wrongdoing per se.

the 12-24-2008 12:56 PM

I don't think Madoff would ever commit suicide. He knows where billions are secreted away, and he'll want to get it to the people he wants to get it to.

They should send him to Gitmo, we can test how effective torture can be in getting information.

VaSteve 12-24-2008 12:56 PM

Quote:

Originally Posted by Hawktel (Post 4378489)
It wasn't Madoff, but a money manager who invested in him.


And I don't think it was over his money. Believe it or not a lot of investment bankers take the clients money very seriously.

Perhaps too seriously in this case.

He took it too seriously and Madoff not enough.

tabs 12-24-2008 01:58 PM

The man felt personal responsibility for the loss. He could not bring himself to face the people that he had failed. Whose savings he had lost.

In Japan or ancient Rome he took the honorable way out..

Dottore 12-24-2008 02:03 PM

Quote:

Originally Posted by tabs (Post 4378612)

The man felt personal responsibility for the loss. He could not bring himself to face the people that he had failed. Whose savings he had lost.

He was, in other words, a sensitive and honorable man. A rare quality in the financial community these days.

Oracle 12-24-2008 02:07 PM

Quote:

Originally Posted by VaSteve (Post 4378500)
He took it too seriously and Madoff not enough.

Cause Madoff is a true crook. Hopefully he rots in jail.
Merry xmas.

Gogar 12-24-2008 02:09 PM

If we were in Japan, he would be an honorable man, but we're not in Japan.

competentone 12-24-2008 02:44 PM

Quote:

Originally Posted by tabs (Post 4378612)
The man felt personal responsibility for the loss. He could not bring himself to face the people that he had failed. Whose savings he had lost.

In Japan or ancient Rome he took the honorable way out..

The honorable way in the U.S., if he felt responsible for the loss of his clients' money, would be for him to stay alive and keep working to try to earn money and pay his clients back.

the 12-24-2008 02:57 PM

I agree, seems like a cowardly man, took the easy way out.


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