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Tuesday, December 23, 2008

First Suicide From Madoff

This is sad, and it's easy to imagine it won't be the only one:
A founder of a hedge fund that lost as much as $1.4 billion in the alleged Bernard Madoff scheme committed suicide in his New York City office, according to several media reports.

Rene-Thierry Magon de La Villehuchet of Access International Advisors was found dead early Tuesday morning, reported French business paper La Tribune, Bloomberg News and The New York Times.

The 65-year-old Villehuchet had lost as much as $1.4 billion invested with Madoff, the Tribune reported.
Via Dealbreaker and FoxNews.

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