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Police: Madoff associate Jeffry Picower dies at 67
Associated Press ^ | Oct. 25, 2009

Posted on 10/25/2009 2:28:00 PM PDT by Free ThinkerNY

PALM BEACH, Fla. (AP) - Jeffry Picower, a Florida philanthropist alleged to have extracted billions from Bernard Madoff's investment scheme, drowned in his pool Sunday, police said. He was 67.

The former New York lawyer and accountant had been a friend of Madoff for decades.

A statement from Palm Beach police said Picower's wife and a maid found the body at the bottom of the pool Sunday afternoon and rescue workers could not revive him. Picower was transported to Good Samaritan Medical Center where he was pronounced dead at about 1:30 p.m.

(Excerpt) Read more at breitbart.com ...


TOPICS: News/Current Events
KEYWORDS: bernardmadoff; berniemadoff; drown; drowning; jeffrypicower; madoff; picower; pool
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1 posted on 10/25/2009 2:28:00 PM PDT by Free ThinkerNY
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To: Free ThinkerNY; informavoracious; larose; RJR_fan; Prospero; Conservative Vermont Vet; ...
+

Freep-mail me to get on or off my pro-life and Catholic List:

Add me / Remove me

Please ping me to note-worthy Pro-Life or Catholic threads, or other threads of interest.

Obama Says A Baby Is A Punishment

Obama: “If they make a mistake, I don’t want them punished with a baby.”

2 posted on 10/25/2009 2:29:17 PM PDT by narses ("These are the days when the Christian is expected to praise every creed except his own.")
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To: Free ThinkerNY

Suicide or homicide?? Pick one.


3 posted on 10/25/2009 2:30:25 PM PDT by Sacajaweau
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To: Sacajaweau
Suicide or homicide?? Pick one.

Either one is certainly possible.But the ME will also be looking for a massive heart attack or stroke which are also possibilities for a guy his age.

4 posted on 10/25/2009 2:32:51 PM PDT by Gay State Conservative (Host The Beer Summit-->Win The Nobel Peace Prize!)
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To: Sacajaweau

assisted suicide.


5 posted on 10/25/2009 2:33:48 PM PDT by isom35
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To: Free ThinkerNY

Death by Ponzi...


6 posted on 10/25/2009 2:40:59 PM PDT by stevie_d_64
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To: Free ThinkerNY

Jeffry Picower, the philanthropist and lawyer alleged to have taken false profits of $6.7 billion from Bernard Madoff’s investment scheme


7 posted on 10/25/2009 2:41:00 PM PDT by kcvl
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To: Free ThinkerNY

Ok, who held his head under?


8 posted on 10/25/2009 2:41:08 PM PDT by Chickensoup (Angry about where our country is going with the current regime at the helm.)
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To: Free ThinkerNY

Is Bernie happy or sad about this?


9 posted on 10/25/2009 2:43:05 PM PDT by NativeNewYorker (Freepin' Jew Boy)
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To: Free ThinkerNY

I wonder if he got in on the sex and cocaine parties up in Bernie’s New York offices? That could weaken a heart.


10 posted on 10/25/2009 2:43:33 PM PDT by colorado tanker (Mr. Flyingsaucerballoonboymediawhoreman - this Bud's for you!)
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To: Free ThinkerNY

Jeffrey & Barbara Picower on the left

11 posted on 10/25/2009 2:43:40 PM PDT by kcvl
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To: Free ThinkerNY

Mr. Picower’s wife and housekeeper called 911 at about noon on Sunday after finding him at the bottom of the pool.

When rescue workers arrived at the home at 1410 South Ocean Blvd., Barbara Picower and the housekeeper had already pulled him from the water, but he was not breathing. The Palm Beach Police said in a press release that Picower was pronounced dead at 1:30 p.m. Officers are investigating the death as a drowning.


12 posted on 10/25/2009 2:44:43 PM PDT by kcvl
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To: Free ThinkerNY

Was he wearing a cement sport jacket?


13 posted on 10/25/2009 2:45:50 PM PDT by tips up
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To: Sacajaweau

“Suicide or homicide?? Pick one.”

Homicide ... someone determined that value of this man’s life was the same as the money they lost.


14 posted on 10/25/2009 2:46:32 PM PDT by fujimoh
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To: Free ThinkerNY

Trustee tells Bernie Madoff ‘victim’ Jeffry Picower to return $7.2B

Friday, October 2nd 2009

http://www.nydailynews.com/money/2009/10/02/2009-10-02_give_back_your_madoff_billions_sez_court.html


15 posted on 10/25/2009 2:46:57 PM PDT by kcvl
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To: kcvl

Someone raised the point on another thread that if the indictment disappears with his death, does his wife get to keep it all? I don’t think so..I think the bankruptcy trustee can claw it all back..


16 posted on 10/25/2009 2:47:52 PM PDT by ken5050 (Save the Earth!!!!! It's the ONLY planet with chocolate!)
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To: Free ThinkerNY
This smells to high heaven. I bet this guy worried about being broke or in jail or both and offed himself.

Look for a big Life Insurance policy with Double indemnity.

17 posted on 10/25/2009 2:48:22 PM PDT by Anti-Bubba182
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To: Free ThinkerNY

18 posted on 10/25/2009 2:48:30 PM PDT by kcvl
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To: kcvl

This guy has pretty much flown under the radar..he didn’t raise money for Bernie..so why did he get such “high returns..”..I suspect that he knew it was a Ponzi scheme, and was blackmailing Madoff..


19 posted on 10/25/2009 2:52:06 PM PDT by ken5050 (Save the Earth!!!!! It's the ONLY planet with chocolate!)
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To: kcvl

Too convenient. I want to see the pharmacology on this. Have Calleigh Duquesne send the report direct to me! Gentlemen, 24 x 7, we never quit!

The fellow who should be dead over Madoff is Carl Shapriro - who I believe in in his mid 90’s. He “invested” over $200M in the last 30 days before Madoff’s world came down on December 11th - a cash transfer that kept Madoff going for a couple of weeks at the end. When Shapiro got the call re:Madoff - he should have dropped dead on ths spot, because the $200M was only a small slice of what he had in Madoff’s game.


20 posted on 10/25/2009 2:57:18 PM PDT by Wally_Kalbacken
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