Madoff Commits Suicide
 

Slashed his wrists with a box cutter

Isn't that against the law?

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.

I think your post title is missing a word.

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

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

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.

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

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.

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.

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.

He took it too seriously and Madoff not enough.

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..

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

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

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

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.

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

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.