Skip to comments.Madoff son found dead in NYC in apparent suicide
Posted on 12/11/2010 10:09:12 AM PST by ColdOne
NEW YORK The eldest son of disgraced financier Bernard Madoff hanged himself by a dog leash in his apartment Saturday after two years of "unrelenting pressure
(Excerpt) Read more at news.yahoo.com ...
What did his son have to do with it?
Hope the dog didn’t get loose..hate to see an innocent dog run over or something.
He should have moved away.
Yikes, that’s to bad. Wouldn’t wish it on anybody.
Couldn’t live with the sins of his father? How sad for his family.
As far as I can tell nothing. But, the pressure must have gotten to him. It’s to bad, what the old man did has effected in a terrible way 1000’s of people. Was it worth it all Madoff??? Look what your steeling has done. This really makes me sick to my stomach.
I would imagine he just couldn't take any more pressure. Authorities threatening to arrest him because he should have known about the scam earlier. Tort lawyers suing him in hopes of getting in on the action. Friends who were his father's victims lamenting the loss of their life savings.
Still, suicide is not the answer.
His 2-year-old son was sleeping in the next bedroom, the officials said.
“His two year old son was sleeping in the next room”
The problem with hanging is you have a few minutes to reconsider your decision while you strangle.
The article indicates some level of involvement/knowledge/benefit from the Ponzi scheme that brought down Daddy. He was likely “helping” Daddy.
He turned him in....
He was in business with his father and in legal trouble too - being sued.
Don’t know if we’ll ever know how much he really knew and for how long long before he supposedly blew the whistle.
(gotta wonder about the symbolism using a dog leash)
Just wow——imagine all that weight on Bernie himself and now his son off’s himself. Bernie gets what he deserves but he is still human and I can’t imagine he has much will to live at this point and after this personal family tragedy.
Lord have mercy on them all and the victims most especially.
I agree. Possibly the grief of a son, thinking his father was the greatest person in the world. To only find out the old man had ruined countless number of peoples lives. The guilt, even though he himself had done nothing wrong, you always have those thoughts of, I should have known. And the grief, I can’t imagine.
My friend, a midwest kid right out of school, went to work as an accountant for a big name sports financial manager in San Diego. This guy was doing similar things that Madoff did and basically stole the life savings of many sports stars (some of whom you know). People like that are very careful and very smart, making sure accounts are secret and apart from the legal business, etc. When my friend caught wind that something wasn’t right, he turned his boss in and the ensuing fallout was horrible. Big news in San Diego in the mid 1990’s.
Well, for years my friend was battling lawsuits against him accusing him somehow of being involved. What usually happens is that the employees benefit from the largesse of the employer. Big bonuses, trips, etc. The victims want to believe the employees knew, but a lot of times they don’t. Naive? Perhaps. But instead of being treated as a hero, which he was, his life was ruined for several years. He had nothing.
I’m happy to report that his life is good, married, different line of work and happy.
“Dont know if well ever know how much he really knew ...”
It may have been he knew TOO MUCH and that is why he was suicided. Would you leave yourself for your children to find?
The son’s worked for the market making side or legit side of the family business. This is where Madoff started. They probably could have just stayed in that business and made a decent living.
The son’s had to have been sophisticated enough to realize that Bernie’s claimed large and consistent returns in the separate “money management” business were essetially impossible.
Sad for the children. Many of the investors and feeders in Madoff’s scam were unpleasant people. Irving Piccard, the trustee, is going after Sonja Kohn in Austria hard. She was his major connection in Europe.
Bernie hurt a lot of people. His feeders like Sonja Kohn, Shapiro, Jaffee and the Noel family in CT need for hurtin.
2 feeders are dead including Picower who may have been whacked.
Like he couldn't afford a rope, or a gentle bottle of pills and a private spot to go to, or a hot air balloon, rather than hang himself where his young child could see him?
But he hanged himself with a dog leash in a loft apartment, when he could have fallen out a window....
I’m sad for the little boy who lost his Daddy.
The worst thing in the world is to outlive your child, and this worst feeling in the world is being felt this second in prison by a Bernie Madoff. Even worse is that he knows he caused his son’s death. Kinda makes me smile.
I dunno, I'd pictured Bernie Madoff as having a George Soros type of conscience.
Life is a real killer isn't it?
” Look what your steeling has done.”
I did not know he was a steel man!;)
Oh my God, that is so soad. that poor child..prayers out to him and the mother...just so sad.
Haha, very funny.
Perhaps this was an assisted suicide.
I don't recommend it. But someone has to hang around and celebrate all that they were and remember ...
His child was in bed, and just before he offed himself he sent a text to his wife telling her to check on the boy, she was in Florida I believe. She immediately called her father who went over and found him dead, the little boy was sleeping in his bedroom and didn’t know what happened.
Or, more accurately, a text from his phone to his wife's phone said to check on the boy.
How easily we assume...
I like a good conspiracy theory myself, but this one just feels like a guy who hoped that the Hindus, Buddhists or Sikhs are right and he gets another chance.
Just commenting on how easily we assume certain things that we really don’t know.
I believe he was a Jew.
I don’t remember ‘another chance’ being part of their culture.
Nope, that’s why I used the word hoped, he knew he was committing a mortal sin doing it otherwise.
That might mean only that the hit man doesn’t do two for the price of one...and the client didn’t want a 2-yr-old done.
As for the email, “write it or I’ll have to wake the baby.”
Most folks know the reference here is to phone texting, not a textbook. Another spin-off of our tech society.
Dear God this family has been though Hell. Yes he was criminal and ruined many lives but to lose a child before you pass away is the WORST.
Bet the Police want to know WHO killed him.
FREE BERNIE MADOFF!
If your fathers activities cause you too kill yourself you may have had mental problems to begin with. He obviously was no youngster.
..scenario, pop sends his henchmen to have a chat with Maddoff jr. is forced to write a confession and the family doggies choke chain ends up around his neck
First you must assume that the suicide claim is accurate,
Then you must assume that he sent the text himself rather than someone else sending it from his phone (a common scam w/ lost phones),
Then you must assume that he put his eternal destiny is the ‘hope’ of something completely contrary to his culture.
Seems like a lot of assumptions needed to support the initial belief.
It seems more likely that the Madoff’s stole money from the wrong people and they sent a message to Bernie.
My apologies if anyone inferred anything different.
Yet his bitch mother is stll fighting for assets. What a scum of a family and all those whose names have not been released yet.
One man doesn’t bilk these many people. It takes multiple connections along with banks.
Yeah, that's gotta be a rough way to go. It would seem to me that the old pistol down the throat is a better way. Quick.
What are you driving at, John Henry?
What Bernie Madoff did is EXACTLY what our congress does.
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