Posted on 10/25/2009 6:00:55 PM PDT by Chet 99
Oct. 25, 2009—
The man who made $7 billion in the Bernie Madoff Ponzi scheme, Jeffry Picower, was found dead in his Palm Beach, Fla., swimming pool Sunday.
The Palm Beach Fire Department told ABC News that Picower had no pulse when fire rescue workers arrived at his oceanfront mansion after his wife called 911. She and his housekeeper pulled his body from the pool shortly after noon.
No one benefited more from the Madoff scheme that Picower, according to bankruptcy lawyers who sued him and alleged he had taken out $7 billion more than he had put in.
Click here to go behind the scenes of Brian Ross' investigation into Bernie and Ruth Madoff.
Investigators told ABC News.com that Picower would also have likely faced criminal charges.
Some investigators considered Picower to have been the actual mastermind of Madoff's massive con, or at least an equal "partner in crime."
"He made 30 times what Madoff did from the scam and about a third of the missing money went to Picower," said one of the investigators on the case Sunday.
Police said they did not yet know the cause of death.
(Excerpt) Read more at abcnews.go.com ...
Why was he still swimming around free? Sorry if I sound cold...he had a not so short, priviledged life on other people’s money.
Someone is typing up loose ends...
A horse head was found on the lounge chair.
I'm going to go out on a limb here and suggest that maybe it was because he stopped breathing.
/johnny
That will teach him to play Marco Polo within earshot of a childless adult
M.I.T. President Charles M. Vest (left) and Cambridge Mayor Michael Sullivan (right) do some shoveling at the ceremonial groundbreaking for the Picower Center for Learning and Memory. Barbara and Jeffry Picower (center) donated $50 million through the Picower Foundation towards the new center.
--The Tech (online edition)
Jeffry sleeps with the floating chlorinating duckie.
just kidding:)
I Don’t feel bad for this clown either.
“Someone is typing up loose ends...”
The Secretary did it?
Bwaa-Haa-Haa! Did I really say that? LOL! I’m funny, even when I don’t mean to be.
‘Someone is TYING up loose ends.’ *SNORT*
HAHA was scanning to see if someone would mention if a pit bull was involved because I was about to write, “ So Chet, I bet you think a Pitbull jumped in the pool and killed him!
People steal, they cheat and lie
For wealth and what it will buy
Don't they know on the judgement day
That their gold and silver will melt away
I'd rather be in a deep, dark grave
And know that my poor soul was saved
Than to live in this world in a house of gold
And deny my God and doom my soul
Jesus said ,come on to me
I’ll break sin’s chains and set you free
I´ll carry you to a home on high
Where you´ll never, never die
What good is gold and silver, too
When your heart's not good and true
Sinner hear me when I say
Fall down on your knees and pray
I said hear me when I say
Fall down on your knees and pray.
Old school Country.
Thanks for sharing.
The Federal Reserv steals/devalues Madoff life sums every day.
Hard to swim w/3 holes in the back of your head.
Pray for America’s Freedom
Hopefully, he enjoyed his life on this earth. I imagine his eternity won’t be as nice. Good riddance to bad rubbish.
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