Posted on 03/28/2017 8:28:25 AM PDT by Oratam
MIDTOWN — A prominent financier who lost millions in Bernie Madoff’s Ponzi scheme leapt to his death from a Midtown hotel Monday afternoon, according to police sources and reports.
(Excerpt) Read more at dnainfo.com ...
Murphy had gone on to become a partner at the firm Paulson & Co. Inc. at the time of his death, reports said.
Trouble about jumping is what if you change your mind on the way down? Oh and in keeping with the MSM and Democrats’ false narrative this shows we need to ban semiautomaric rifles
The most memorable thing was that a prominent Wall Street guy, Harry Markopolos, tried repeatedly to warn the SEC about the impossibility that Madoff's investment returns were legit. Markopolos was an expert in forensic accounting and financial fraud.
The SEC ignored him time after time.
Then, when they were investigated after Madoff blew up, they claimed they didn't have "the resources" to follow up on the information they'd been given.
This was during the term of Bush 43.
I had a friend who was a cop in San Francisco who told me he interviewed two people who survived jumping off the bridge. He said both admitted thinking, “that was a dumb idea” on the way down.
How did he make it all these years since Madoff? Why now? Did he just watch the Richard Dreyfus show?
There was a documentary on this years back. They interviewed a number of these folks and they all realized that there actually was only ONE problem in their life that couldn’t be fixed. They had just jumped off the Golden Gate Bridge. Unfortunately, their epiphany was just a moment too late.
This headline and article are misleading in that they try to make a connection between his Madoff losses and his suicide — but Bernie Madoff’s crimes already came to the surface nearly 9 years ago. And in the meantime, this man rose to become a respected partner at another firm - so a little logic then tells us that Madoff likely had nothing to do with his suicide.
Fake news also includes badly written news.
“Murphy owned a luxury townhouse on East 67th Street near Fifth Avenue featuring eight bedrooms, 11 fireplaces and a pair of elliptical staircases, according to The Real Deal.”
So he may have lost money 9 years ago, but now he’s living in a $50 million house. How bad can it be?
I agree with you. Something stinks about this. I just don’t know what.
I see ads like this for Manhattan property all the time. I always wonder - where on the Upper East Side does one buy (and store) wood to feed 11 fireplaces?
Suicide is a stupid, selfish, evil act.
Clearly we need to ban all buildings over a single story tall. Sure, it’ll put a real crimp in the Rats’ urbanization plans; but it’s for the children!
“I agree with you. Something stinks about this. I just don’t know what”
Maybe pulled a Tony Scott (Hollywierd Producer) killed himself before Cancer did.
Apples and oranges.
There are companies that service fireplaces and restock wood in Manhattan (for high fees).
Pretty much all luxury apartments here have at least one fireplace. And when I first moved to NYC, even most small apartments had them (usually just for decoration with the chimney bricked up).
Back in the day, it wasn’t a luxury but the main source of heat. You’d have horse-drawn carts selling coal and picking up ash going down the streets all day.
It’s mostly for novelty these days but some businesses here still have wood/coal stoves because converting to gas would cost a fortune
Hope he was a democrat.
As opposed to Chuck Feeney, the guy who earned his way to becoming a billionaire, then gave it all away. I'd never heard of him until a friend loaned me a copy of the book "The Billionaire Who Wasn't".
Two completely opposite views on wealth.
Or maybe he was pi$$ed off at his heirs, and knowing his mega-insurance policy would not pay off on a suicide...
Yes, I imagined there would be. I remembered something about a dispute over chimney smoke among some our elites, and found it below.
http://www.nytimes.com/2007/05/16/nyregion/16bono.html
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