Pages: 1 2

 

2010-12-12 06:18:50
Kmar
Truth is my Bitch
+5,695|6989|132 and Bush

NEW YORK - Disgraced financier Bernard L. Madoff's eldest son hanged himself in his apartment Saturday, exactly two years after his father's arrest in a multibillion-dollar Ponzi scheme that swindled thousands of investors of their life savings.

Mark Madoff, 46, was found hanging from a ceiling pipe in the living room of his SoHo loft apartment as his 2-year-old son slept in a nearby bedroom, according to law enforcement officials.

Madoff, who reported his father to authorities, has never been criminally charged in the biggest investment fraud in U.S. history and has said he and his brother Andrew never knew of their father's crimes.

Although Mark Madoff was not known to be facing arrest, he and other relatives have remained under investigation and been named in investor lawsuits accusing them of profiting from the scheme.

"This is a terrible and unnecessary tragedy," Madoff's lawyer, Martin Flumenbaum, said in a written statement. "Mark was an innocent victim of his father's monstrous crime who succumbed to two years of unrelenting pressure from false accusations and innuendo."

A lawyer for Mark's mother, Ruth Madoff, said, "She's heartbroken."

Mark Madoff's body was discovered - hanging from a black dog leash - after he sent an e-mail early Saturday morning to his wife, Stephanie, saying that someone should check on their 2-year-old son, law enforcement officials said, speaking on the condition of anonymity because they weren't authorized to speak publicly about the death.

Madoff's wife, who was visiting Disney World in Florida with her 4-year-old daughter, sent her stepfather to the home. The toddler was found unharmed.

Bernard Madoff, 72, swindled a long list of investors out of billions of dollars. He admitted to running his scheme for at least two decades, cheating thousands of individuals, charities, celebrities and institutional investors. Losses are estimated at about $20 billion, making it the biggest investment fraud in U.S. history. He was arrested on Dec. 11, 2008, after confessing his crimes to his sons.

Just days ago, a court-appointed trustee filed a lawsuit seeking to recover any money from the fraud scheme that had been paid to members of the Madoff family, including Mark Madoff's two young children.

Calls to the FBI and U.S. Attorney's office were not immediately returned. Previously, spokesmen for the brothers had repeatedly denied that they had any knowledge of their father's crimes.

Bernard Madoff is serving a 150-year prison sentence in North Carolina. Bureau of Prisons spokeswoman Traci Billingsley said Saturday she didn't have specific information on whether he had been informed of his son's death or would be allowed to attend a service.

- Associated Press
We have another victim of Bernie Madoff
Xbone Stormsurgezz
2010-12-12 07:01:52
Mekstizzle
WALKER
+3,611|7009|London, England
Ok, not really sure how it's worth an entire DAST topic...maybe chats. Rich people, I wouldn't entirely think of this guy as an innocent victim anyway, it would be hard to beleive that.
2010-12-12 07:12:24
Kmar
Truth is my Bitch
+5,695|6989|132 and Bush

Yea, anything involving the destruction of a few thousand peoples financial future, as well as someone hanging themself with a dog leash is pretty serious stuff there mek. Question me again and I'll post those pictures of you.

Maybe not completely innocent, but he was the one who turned SR in. At least he exhibited some form of a conscience. He could have fought it out.
Xbone Stormsurgezz
2010-12-12 07:23:01
Mekstizzle
WALKER
+3,611|7009|London, England
I thought the whole Madoff thing itself was a closed story, no need to talk about that as it really isn't part of the individual story of his son killing himself as that's all we're supposed to discuss in this topic, as that's all it's about. Sometimes I feel it's like an air of celebrity culture that someone 'important' has died so it's then somehow worthy of news everywhere, not really a fan of that sort of stuff.
2010-12-12 07:33:23
Kmar
Truth is my Bitch
+5,695|6989|132 and Bush

If the topic is of no interest to you then you should not be here. How many times do we have to explain this? If it's boring or dead stop voting it up with your post.

What I find interesting about the development in this story is the weight of the moral burden this guy had to carry. .. his inability to deal with it, and his subsequent suicide. All of this came despite never being found guilty. This isn't a murder-suicide.. it's a my father destroyed other-peoples-lives-suicide.
Xbone Stormsurgezz
2010-12-12 07:36:24
Jay
Bork! Bork! Bork!
+2,006|5746|London, England

Mekstizzle wrote:

I thought the whole Madoff thing itself was a closed story, no need to talk about that as it really isn't part of the individual story of his son killing himself as that's all we're supposed to discuss in this topic, as that's all it's about. Sometimes I feel it's like an air of celebrity culture that someone 'important' has died so it's then somehow worthy of news everywhere, not really a fan of that sort of stuff.
No, he's dead precisely because of the Madoff scandal. He had problems holding a job because of his last name, was hounded by the press, had lawsuits hanging over his head etc. He killed himself because his life was in ruins due to his father. They are not unrelated by any means. He's certainly not in the news because of 'celebrity' status.
"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat
2010-12-12 07:37:14
Hurricane2k9
Pendulous Sweaty Balls
+1,538|6090|College Park, MD
I'm sure Bernie feels real good.
https://static.bf2s.com/files/user/36793/marylandsig.jpg
2010-12-12 07:41:15
Mekstizzle
WALKER
+3,611|7009|London, England

JohnG@lt wrote:

Mekstizzle wrote:

I thought the whole Madoff thing itself was a closed story, no need to talk about that as it really isn't part of the individual story of his son killing himself as that's all we're supposed to discuss in this topic, as that's all it's about. Sometimes I feel it's like an air of celebrity culture that someone 'important' has died so it's then somehow worthy of news everywhere, not really a fan of that sort of stuff.
No, he's dead precisely because of the Madoff scandal. He had problems holding a job because of his last name, was hounded by the press, had lawsuits hanging over his head etc. He killed himself because his life was in ruins due to his father. They are not unrelated by any means. He's certainly not in the news because of 'celebrity' status.
Really? If he wasn't the son of Madoff or anyone of any importance relating to the Madoff scandal (e.g: big shot CEO or whatever) then nobody would talk about it and it certainly wouldn't make a new thread on DAST. As far as deaths are concerned regarding the Madoff fraud, that's nothing new.

Yes it's one big sob story, but there's probably hundreds of these regarding Madoff and his scam.

Also, I'd like to reiterate that besides trying to talk about the perceived importance of this issue...there's not much else to discuss in terms of the actual topic (his son killing himself), what do I say? RIP? We know that this Madoff scam has killed people and continues to do so, people knew that from day one.
2010-12-12 07:43:04
Jay
Bork! Bork! Bork!
+2,006|5746|London, England

Mekstizzle wrote:

JohnG@lt wrote:

Mekstizzle wrote:

I thought the whole Madoff thing itself was a closed story, no need to talk about that as it really isn't part of the individual story of his son killing himself as that's all we're supposed to discuss in this topic, as that's all it's about. Sometimes I feel it's like an air of celebrity culture that someone 'important' has died so it's then somehow worthy of news everywhere, not really a fan of that sort of stuff.
No, he's dead precisely because of the Madoff scandal. He had problems holding a job because of his last name, was hounded by the press, had lawsuits hanging over his head etc. He killed himself because his life was in ruins due to his father. They are not unrelated by any means. He's certainly not in the news because of 'celebrity' status.
Really? If he wasn't the son of Madoff or anyone of any importance relating to the Madoff scandal (e.g: big shot CEO or whatever) then nobody would talk about it and it certainly wouldn't make a new thread on DAST. As far as deaths are concerned regarding the Madoff fraud, that's nothing new.

Yes it's one big sob story, but there's probably hundreds of these regarding Madoff and his scam.

Also, I'd like to reiterate that besides trying to talk about the perceived importance of this issue...there's not much else to discuss in terms of the actual topic (his son killing himself), what do I say? RIP? We know that this Madoff scam has killed people and continues to do so, people knew that from day one.
What does it matter to you? You're just a tourist that never contributes here anyway.
"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat
2010-12-12 07:55:32
Kmar
Truth is my Bitch
+5,695|6989|132 and Bush

Mekstizzle wrote:

JohnG@lt wrote:

Mekstizzle wrote:

I thought the whole Madoff thing itself was a closed story, no need to talk about that as it really isn't part of the individual story of his son killing himself as that's all we're supposed to discuss in this topic, as that's all it's about. Sometimes I feel it's like an air of celebrity culture that someone 'important' has died so it's then somehow worthy of news everywhere, not really a fan of that sort of stuff.
No, he's dead precisely because of the Madoff scandal. He had problems holding a job because of his last name, was hounded by the press, had lawsuits hanging over his head etc. He killed himself because his life was in ruins due to his father. They are not unrelated by any means. He's certainly not in the news because of 'celebrity' status.
Really? If he wasn't the son of Madoff or anyone of any importance relating to the Madoff scandal (e.g: big shot CEO or whatever) then nobody would talk about it and it certainly wouldn't make a new thread on DAST. As far as deaths are concerned regarding the Madoff fraud, that's nothing new.

Yes it's one big sob story, but there's probably hundreds of these regarding Madoff and his scam.

Also, I'd like to reiterate that besides trying to talk about the perceived importance of this issue...there's not much else to discuss in terms of the actual topic (his son killing himself), what do I say? RIP? We know that this Madoff scam has killed people and continues to do so, people knew that from day one.
I know where you are coming from, but you've got it wrong. I'm not posting for the sob story .. trolling for sympathy. I explained why it is interesting to me in my last post. The fact that this guys dad is well known means that most people will know his back story. This isn't "oh damn celeb x just got hit by a car". We do leave those topics in the junk drawer. This however is an apparent psychological deficiency in some humans. An inability to cope. I thought that would be an interesting discussion. I didn't know that I'd spend half the topic explaining why it is in this forum.
Xbone Stormsurgezz
2010-12-12 07:57:18
unnamednewbie13
Moderator
+2,068|7160|PNW

Guilt over reporting his dad, despite the fact that the guy deserves it? Who knows.
2010-12-12 08:01:22
Mekstizzle
WALKER
+3,611|7009|London, England

Kmar wrote:

Mekstizzle wrote:

JohnG@lt wrote:


No, he's dead precisely because of the Madoff scandal. He had problems holding a job because of his last name, was hounded by the press, had lawsuits hanging over his head etc. He killed himself because his life was in ruins due to his father. They are not unrelated by any means. He's certainly not in the news because of 'celebrity' status.
Really? If he wasn't the son of Madoff or anyone of any importance relating to the Madoff scandal (e.g: big shot CEO or whatever) then nobody would talk about it and it certainly wouldn't make a new thread on DAST. As far as deaths are concerned regarding the Madoff fraud, that's nothing new.

Yes it's one big sob story, but there's probably hundreds of these regarding Madoff and his scam.

Also, I'd like to reiterate that besides trying to talk about the perceived importance of this issue...there's not much else to discuss in terms of the actual topic (his son killing himself), what do I say? RIP? We know that this Madoff scam has killed people and continues to do so, people knew that from day one.
I know where you are coming from, but you've got it wrong. I'm not posting for the sob story .. trolling for sympathy. I explained why it is interesting to me in my last post. The fact that this guys dad is well known means that most people will know his back story. This isn't "oh damn celeb x just got hit by a car". We do leave those topics in the junk drawer. This however is an apparent psychological deficiency in some humans. An inability to cope. I thought that would be an interesting discussion. I didn't know that I'd spend half the topic explaining why it is in this forum.
Fair enough

relax Galt, no need to get so butthurt if someone comes in talking about 'why' instead of 'what' anyway.
2010-12-12 08:07:35
unnamednewbie13
Moderator
+2,068|7160|PNW

Except the first page of this thread is pretty much garbage now.
2010-12-12 13:57:44
Hunter/Jumper
Member
+117|6742
I woder if he had any help ?
2010-12-13 07:54:12
EVieira
Member
+105|6866|Lutenblaag, Molvania

JohnG@lt wrote:

Mekstizzle wrote:

I thought the whole Madoff thing itself was a closed story, no need to talk about that as it really isn't part of the individual story of his son killing himself as that's all we're supposed to discuss in this topic, as that's all it's about. Sometimes I feel it's like an air of celebrity culture that someone 'important' has died so it's then somehow worthy of news everywhere, not really a fan of that sort of stuff.
No, he's dead precisely because of the Madoff scandal. He had problems holding a job because of his last name, was hounded by the press, had lawsuits hanging over his head etc. He killed himself because his life was in ruins due to his father. They are not unrelated by any means. He's certainly not in the news because of 'celebrity' status.
Its sad how an educated well-off person can be so weak willed. How can you hang yourself with a 2 year old son? Its just unthinkable to me.
"All truths are easy to understand once they are discovered;  the point is to discover them."
Galileo Galilei  (1564-1642)
2010-12-13 08:12:08
Jay
Bork! Bork! Bork!
+2,006|5746|London, England

EVieira wrote:

JohnG@lt wrote:

Mekstizzle wrote:

I thought the whole Madoff thing itself was a closed story, no need to talk about that as it really isn't part of the individual story of his son killing himself as that's all we're supposed to discuss in this topic, as that's all it's about. Sometimes I feel it's like an air of celebrity culture that someone 'important' has died so it's then somehow worthy of news everywhere, not really a fan of that sort of stuff.
No, he's dead precisely because of the Madoff scandal. He had problems holding a job because of his last name, was hounded by the press, had lawsuits hanging over his head etc. He killed himself because his life was in ruins due to his father. They are not unrelated by any means. He's certainly not in the news because of 'celebrity' status.
Its sad how an educated well-off person can be so weak willed. How can you hang yourself with a 2 year old son? Its just unthinkable to me.
He had a four year old kid too.

He undoubtedly grew up in a world where image is everything. I'm sure he lost many friends over the past two years that distanced themselves from him in order to protect their own image etc. His wife even wanted to change her and the kids names to her maiden name in order to shield them from the bs. His life was in ruins and he probably couldn't see a way out other than taking his own life.
"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat
2010-12-13 08:33:05
EVieira
Member
+105|6866|Lutenblaag, Molvania

JohnG@lt wrote:

EVieira wrote:

JohnG@lt wrote:


No, he's dead precisely because of the Madoff scandal. He had problems holding a job because of his last name, was hounded by the press, had lawsuits hanging over his head etc. He killed himself because his life was in ruins due to his father. They are not unrelated by any means. He's certainly not in the news because of 'celebrity' status.
Its sad how an educated well-off person can be so weak willed. How can you hang yourself with a 2 year old son? Its just unthinkable to me.
He had a four year old kid too.

He undoubtedly grew up in a world where image is everything. I'm sure he lost many friends over the past two years that distanced themselves from him in order to protect their own image etc. His wife even wanted to change her and the kids names to her maiden name in order to shield them from the bs. His life was in ruins and he probably couldn't see a way out other than taking his own life.
If my life was completely ruined, turned up-side down, my kid would be the only thing that I'm completely sure would keep me going.
"All truths are easy to understand once they are discovered;  the point is to discover them."
Galileo Galilei  (1564-1642)
2010-12-13 09:20:32
13rin
Member
+977|6867
Sins of the father.  Coward, he had kids.
I stood in line for four hours. They better give me a Wal-Mart gift card, or something.  - Rodney Booker, Job Fair attendee.
2010-12-14 06:50:38
Hunter/Jumper
Member
+117|6742

DBBrinson1 wrote:

Sins of the father.  Coward, he had kids.
true ~ but you cant judge people who feel crushing depression, it's bad news. a type of mental illness. I guarantee you he was not in his right mind. Who would abandon their child at 2 ? It is sad beyond all else. Just so f*ckin sad, poor kid
2010-12-14 06:59:04
Hunter/Jumper
Member
+117|6742

EVieira wrote:

JohnG@lt wrote:

EVieira wrote:


Its sad how an educated well-off person can be so weak willed. How can you hang yourself with a 2 year old son? Its just unthinkable to me.
He had a four year old kid too.

He undoubtedly grew up in a world where image is everything. I'm sure he lost many friends over the past two years that distanced themselves from him in order to protect their own image etc. His wife even wanted to change her and the kids names to her maiden name in order to shield them from the bs. His life was in ruins and he probably couldn't see a way out other than taking his own life.
If my life was completely ruined, turned up-side down, my kid would be the only thing that I'm completely sure would keep me going.
been there ( with out kids at the time ) in a way it was some real wild wild feeling. A BMW trunk isn't that big, I filled it and pointed the car south. " Some times nothing is a pretty cool hand. "

the rear tires blew out and I waited at the corner gas station for a flatbed.
Spent the weekend at the hotel 3 miles away and quietly left town on Monday. But it was still pretty dramatic - No ?
2010-12-14 07:10:31
Hunter/Jumper
Member
+117|6742

Hurricane2k9 wrote:

I'm sure Bernie feels real good.
gave him a new prespective, no doubt
2010-12-14 07:17:06
Uzique
dasein.
+2,865|6859

Hunter/Jumper wrote:

DBBrinson1 wrote:

Sins of the father.  Coward, he had kids.
true ~ but you cant judge people who feel crushing depression, it's bad news. a type of mental illness. I guarantee you he was not in his right mind. Who would abandon their child at 2 ? It is sad beyond all else. Just so f*ckin sad, poor kid
this is true. you can't blame someone for suicide... that sorta depression is something you can't empathize with until you've been there. really desperate shit.
libertarian benefit collector - anti-academic super-intellectual. http://mixlr.com/the-little-phrase/
2010-12-14 09:08:55
Kmar
Truth is my Bitch
+5,695|6989|132 and Bush

Clinical depression is not something that can be dealt with on your own. It's a mental illness that completely takes over rational thought. It's not like "having the blues" or "being down". Natural coping mechanism are completely broken down. Your brain is stripped of logic, and you are left with the inability to compute things like logic and consequence. Your own mind is attacking itself and it's a torture that you can not escape. .. there is no break.
Xbone Stormsurgezz
2010-12-14 11:04:26
EVieira
Member
+105|6866|Lutenblaag, Molvania

Uzique wrote:

Hunter/Jumper wrote:

DBBrinson1 wrote:

Sins of the father.  Coward, he had kids.
true ~ but you cant judge people who feel crushing depression, it's bad news. a type of mental illness. I guarantee you he was not in his right mind. Who would abandon their child at 2 ? It is sad beyond all else. Just so f*ckin sad, poor kid
this is true. you can't blame someone for suicide... that sorta depression is something you can't empathize with until you've been there. really desperate shit.
I can understand clinical depression, but is that really this case? Or was his despair triggered by the fact that he no longer could afford all of his usual luxuries? Or because he was no longer accepted among what he thought were his friends?
"All truths are easy to understand once they are discovered;  the point is to discover them."
Galileo Galilei  (1564-1642)
2010-12-14 11:06:25
Jay
Bork! Bork! Bork!
+2,006|5746|London, England

EVieira wrote:

Uzique wrote:

Hunter/Jumper wrote:


true ~ but you cant judge people who feel crushing depression, it's bad news. a type of mental illness. I guarantee you he was not in his right mind. Who would abandon their child at 2 ? It is sad beyond all else. Just so f*ckin sad, poor kid
this is true. you can't blame someone for suicide... that sorta depression is something you can't empathize with until you've been there. really desperate shit.
I can understand clinical depression, but is that really this case? Or was his despair triggered by the fact that he no longer could afford all of his usual luxuries? Or because he was no longer accepted among what he thought were his friends?
You don't think those are valid reasons to become depressed?
"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat

 

Pages: 1 2

Board footer

Privacy Policy - © 2025 Jeff Minard