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Thread started 12/11/10 2:54pm

Graycap23

Official: Madoff's son found dead in apparent suicide

So u can help steal billions.......but can't take the heat when caught?

Mark Madoff found hanged in NYC apartment on second anniversary of father's arrest

Below:

A law enforcement official tells The Associated Press that a son of Bernard Madoff has been found dead in New York City of an apparent suicide.

The official says Mark Madoff was found hanged in his Manhattan apartment.

The official spoke to the AP on the condition of anonymity because he wasn't allowed to speak publicly about the case.

http://www.msnbc.msn.com/..._news-life

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Reply #1 posted 12/11/10 3:33pm

Ace

If he was complicit, of course that was a completely reprehensible thing. But a suicide is always a sad thing. RIP.

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Reply #2 posted 12/11/10 5:36pm

ThreadBare

One can't help but wonder now about Bernie Madoff, whether he thinks it still was all was worth it.

Tragedy compounds like interest, in this case.

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Reply #3 posted 12/11/10 5:50pm

Ace

ThreadBare said:

One can't help but wonder now about Bernie Madoff, whether he thinks it still was all was worth it.

You've got to think he realized it wasn't the moment the jig was up, no? Perhaps even earlier, but he was in too deep?

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Reply #4 posted 12/11/10 6:09pm

uPtoWnNY

I have more sympathy for the folks whose lives were ruined by these crooks.

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Reply #5 posted 12/11/10 6:36pm

ThreadBare

uPtoWnNY said:

I have more sympathy for the folks whose lives were ruined by these crooks.

I think we all feel that way. nod No doubt.

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Reply #6 posted 12/11/10 8:41pm

Ace

uPtoWnNY said:

I have more sympathy for the folks whose lives were ruined by these crooks.

Was it ever confirmed that any of the family was in on it? The New York Times says:

The steps that led to that arrest began when he and his brother, Andrew, confronted their father over his plans to distribute hundreds of millions of dollars in bonuses to employees months ahead of schedule.

According to documents filed by the F.B.I. at the time of the arrest, that meeting led to a private conversation on Dec. 10, 2008, in which Bernard Madoff told his sons that their entire lives — all the wealth and success the family seemed to possess — were based on a lie. His apparently lucrative money-management business was nothing but an immense Ponzi scheme, and it was crumbling under the relentless pressures of the financial crisis of late 2008.

Mark and his brother immediately consulted a lawyer and were advised they had to report their father’s confession to law enforcement. They did so, and the following morning their father was arrested at his Manhattan penthouse.

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Reply #7 posted 12/11/10 8:47pm

Vendetta1

So sad. I don't know what he was going through and why he did this, but I hope it had nothing to do with his asshole father.

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Reply #8 posted 12/11/10 9:28pm

RenHoek

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Vendetta1 said:

So sad. I don't know what he was going through and why he did this, but I hope it had nothing to do with his asshole father.

yeahthat

A working class Hero is something to be ~ Lennon
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Reply #9 posted 12/11/10 11:45pm

Cinnie

His father was arrested December 11, 2008. Look at the calendar. shrug huh.

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Reply #10 posted 12/12/10 12:17am

ThreadBare

If you look like a whistleblower, you don't look guilty...

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Reply #11 posted 12/12/10 4:46am

RodeoSchro

He turned his dad in. He did the right thing, but I guess it was more than he could take.

I just lost a friend to suicide. That's very sad.

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