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British investor in Madoff scheme kills himself

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Contrary1 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-14-09 02:13 PM
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British investor in Madoff scheme kills himself
I would wager the only thing Madoff is sorry about is that he got caught. In China he would be executed for his crimes. What a scumbag.

"LONDON - A former British soldier killed himself after losing his life savings in an alleged $50 billion fraud run by Wall Street financier Bernard Madoff, the dead man's son said.

William Foxton, 65, who had served in the British Army and more recently worked as a defense contractor in Afghanistan, died from a single bullet wound to the head in the southern English port city of Southampton on Tuesday, police said.

"A pistol was recovered at the scene. Police do not believe the death to be suspicious," a police statement said.

His son Willard said his father had returned from Afghanistan and revealed his life savings had been lost. He did not say how much had gone, but news reports said it was close to 1 million pounds ($1.45 million)..."

http://www.msnbc.msn.com/id/29194547/
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Sat Feb-14-09 02:18 PM
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-14-09 04:35 PM
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2. I'm seeing quite a few calls for Chinese type justice lately.
funny.

Jim Cramer says the Chinese stimulus package is better than ours because the Chinese are afraid they'll mess up and be executed.
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Contrary1 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-14-09 04:48 PM
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3. I wasn't calling for Madoff's execution, though that is probably the way it came across.
I just think that the penalties for bilking people out of their savings should be more severe here in the US.

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Horse with no Name Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-14-09 04:52 PM
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4. Fucking with the economy and peoples LIVES
should be tantamount to treason.
I detest the death penalty.
Except of course for convicted treason.
That is when I say...let the legs sway!
However, I "get" how things work.
Madoff will end up having a heart attack while on house arrest and his widow will keep it all--sound familiar?
Someone needs to check out that island in Paraguay--see who else lives there.
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-14-09 04:56 PM
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5. Maybe we should be.
Get these guys Scared Straight!
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