Madoff Fatigue

by James & Miel on December 24, 2008 · 0 comments

Hi All, 

I know this is a bit of a macabe posting on the day before a major US holiday. However, I heard a story on NPR this morning saying that one of Madoff’s investors had committed suicide. 

Evidently investment fund manager Rene-Thierry Magon de la Villehuchet was found at his desk with slit wrists.  Its being reported that de la Villehuchet lost over a billion dollars in the Madoff scandal and was facing extreme shame over having referred several clients to Madoff (1).

Its sad and callous, but after weeks of hearing about Madoffs crimes, the death of one person and the loss of another billion dollars just doesn’t seem like that big of a deal.  

Best,

James 

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