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Tuesday, December 23, 2008

Madoff investor found dead in apparent suicide, police say



When people made money off of the sub-prime mortgages, they didn't think that they would be making money off of someone else's suffering when the market turned and rates went up. They didn't think about any of it because they didn't care enough to think what could happen to other people. Not very many people do when it comes to making money. We see it all the time when things go wrong and other people pay, but the ones that made the money are usually pretty happy and untouched, feeling no guilt at all. Then comes someone that pulls off what Madoff did. He was all smiles, according to the reports, pretended to be "friends" of a lot of the people he ripped off. Maybe he was a good actor? Maybe he had no conscience at all? Maybe, just maybe, he just didn't care enough to ask what would happen to other people if he did this.
Madoff investor found dead in apparent suicide, police say

Story Highlights
Thierry de la Villehuchet was a hedge fund adviser and investor

Company says firm lost $1.5 billion by investing with Bernard Madoff

Police: Body had cuts, pills were present, though it wasn't known if they were taken

No suicide note was left at office where Villehuchet was found dead

NEW YORK (CNN) -- Thierry de la Villehuchet, a hedge fund adviser and investor whose firm said he lost $1.5 billion investing with Wall Street adviser Bernard Madoff, was found dead in his office in an apparent suicide Tuesday, police said.

Emergency personnel discovered the body of Villehuchet, 65, at 7:29 a.m. in the Madison Avenue office of Access International Advisors, police said.

Villehuchet suffered "cuts made to his arm, to his wrist and also to his bicep area, with a box cutter," New York Police Commissioner Ray Kelly said at a news conference.

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