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Billion-Dollar Madoff Victim Found Dead (Apparent Suicide)
AP ^ | December 23, 2008 | Staff

Posted on 12/23/2008 12:00:54 PM PST by Bokababe

The founder of a hedge fund that invested more than $1 billion with Bernard Madoff has been found dead at his Manhattan office.

A source told NBC News Tuesday afternoon that Rene-Thierry Magon de la Villehuchet slit his wrists with a boxcutter and bled to death. He was sitting at the desk in his office at 509 Madison Ave., and sleeping pills were found nearby, the source said.

de la Villehuchet was despondent after having lost as much as $1.4 billion in Madoff's alleged Ponzi scheme, according to a French business newspaper, which quoted a family member of de la Villehuchet: "(He) could not cope with the pressure following the outbreak of the scandal ... This is a farewell from someone who had done nothing wrong."


TOPICS: Business/Economy; Crime/Corruption
KEYWORDS: delavillehuchet; madoff; sam; suicide
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How horribly sad! May God Rest His Soul!
1 posted on 12/23/2008 12:00:55 PM PST by Bokababe
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To: Bokababe

They ought to have suicide watches out for alot of people who invested heavily...


2 posted on 12/23/2008 12:02:09 PM PST by princess leah
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To: Bokababe
Sorry guys, this was an excerpt and I didn't check the box in time. Here's the whole story
3 posted on 12/23/2008 12:02:45 PM PST by Bokababe ( http://www.savekosovo.org)
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To: Bokababe

Tragic... But to quote the sheriff in Fargo, “There is more to life than a little bit of money”.


4 posted on 12/23/2008 12:06:18 PM PST by zarodinu
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To: Bokababe
I know I am going to be blasted from FRiends on here when I say this, but I truly believe this guy should be charged also with manslaughter. Ducking for cover.....lol.
5 posted on 12/23/2008 12:08:28 PM PST by napscoordinator
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To: Bokababe
The reality of what this guy did is setting in. It's no joke.

But for me, the real question is: how come Bernie gets to sit "at home"? Is there a dime this guy made that wasn't theft? If so, who owns the "home"? If he had been busted with some drugs or guns, by now the asset forfeiture team would have taken possession and auctioned it off in a lot of jurisdictions.

It may be decades before they unravel all of his finances. But why should be the biggest thief in human history be treated with such deference right now?

6 posted on 12/23/2008 12:10:34 PM PST by Regulator (Welcome to Zimbabwe)
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To: Regulator

>>how come Bernie gets to sit “at home”?

Because he’s filthy rich and has pull, the average joe doesn’t.


7 posted on 12/23/2008 12:12:35 PM PST by swarthyguy (*Bush Promised us Osama, instead we're getting Obama*)
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To: Bokababe
"At least General Bor-r-r-r-da had the decency to take his own life."


8 posted on 12/23/2008 12:13:13 PM PST by Zuben Elgenubi
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To: Bokababe

Another one!


9 posted on 12/23/2008 12:13:54 PM PST by RightWhale (We were so young two years ago and the DJIA was 12,000)
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To: Bokababe

He was a fund “manager” who off loaded his responsibilities to a crook. I’d say he failed in his due diligence.

someone who had done nothing wrong.”


10 posted on 12/23/2008 12:15:33 PM PST by DManA
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To: RightWhale
Another one!

Third one today, by my count.
11 posted on 12/23/2008 12:17:27 PM PST by ZX12R
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To: Bokababe

Selfish bastard


12 posted on 12/23/2008 12:17:39 PM PST by al baby (Hi mom Mr. Obama, are you aware that Sarah Palin took on her own partyÂ’s establishment in Alaska a)
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To: Zuben Elgenubi

Lantos was one sick bastard Broda was offed by the Clintons


13 posted on 12/23/2008 12:18:41 PM PST by al baby (Hi mom Mr. Obama, are you aware that Sarah Palin took on her own partyÂ’s establishment in Alaska a)
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To: zarodinu

Exactly.

This was a very sad ending for someone who apparently did not realize that.


14 posted on 12/23/2008 12:19:40 PM PST by WayneS (Respect the 2nd Amendment; Repeal the 16th)
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To: Bokababe

“Apparent” could be the operative word here...I’m just sayin’!


15 posted on 12/23/2008 12:24:33 PM PST by pillut48 (CJ in TX --"God help us all, and God help America!!" --my new mantra for the next 4 years)
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To: napscoordinator
You mean Madoff? Yes, he should be charged with manslaughter for every suicide committed by anyone who lost money to his Ponzi Scheme. What a louse Madoff is.

I wonder if it would make his investors feel better if they could each "bleed" him so that his death would be a slow painful process, one cup of blood at a time. Can't get blood from a turnip, but you can surely get it from a Madoff.

Would YOU buy anything from this man?
16 posted on 12/23/2008 12:24:53 PM PST by HighlyOpinionated (Cultural conditions, not gun laws, are the most important factors in a nation's crime rate.)
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To: Bokababe

There’s no way this guy pulled this off by himself. Somewhere there’s a pot of gold hidden (probably many) waiting for someone to pick it up.

Bernie, bad guy though he is, is taking the fall for some others.


17 posted on 12/23/2008 12:28:32 PM PST by poindexter
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To: Bokababe

Suicide is dumb in general, but I’ve always thought that suicide over losing money is especially stupid. It’s not like you can’t still be happy without money. You lost a billion dollars? Big freakin’ deal. All over the world there are billions of people getting by just fine without ever having had so much as a thousand dollars... hell, a hundred dollars. Get a life! Literally.


18 posted on 12/23/2008 12:37:34 PM PST by irishjuggler
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To: Bokababe

...and that POS Madoff still walks the Earth.


19 posted on 12/23/2008 12:39:13 PM PST by Pharmboy (BHO: making death and taxes yet MORE certain...)
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To: pillut48

I noticed “apparent”, too. How do you slit both wrists?


20 posted on 12/23/2008 12:52:06 PM PST by Sacajaweau (I'm planting corn...Have to feed my car...)
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