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Title: Madoff's Son Dead
Source: [None]
URL Source: http://ino.com
Published: Dec 11, 2010
Author: .
Post Date: 2010-12-11 09:43:17 by Lod
Keywords: None
Views: 572
Comments: 64

According to the ino ticker blurb, Bernie's kid offed himself in his NYC apartment.


Poster Comment:

Always good to see criminals take justice upon themselves.

Post Comment   Private Reply   Ignore Thread  


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Begin Trace Mode for Comment # 42.

#2. To: Lod (#0)

(1) Mark Madoff was unaware of his father's scam until he confronted his father about some questionable business decisions, at which point he learned about - and caused to be revealed - his father's Ponzi swindle. So Mark is actually something of a hero in this story. (2) He leaves behind a small son, also a grown brother. (3) He was recently hit with enormous lawsuits from victims of his father's swindle. He may well have felt a great deal of personal guilt and shame over this affair, and over his inability to make up everyone's losses.

See, for example, www.nytimes.com/2010/12/1...s/12madoff.html?src=busln

Shoonra  posted on  2010-12-11   11:12:03 ET  Reply   Untrace   Trace   Private Reply  


#24. To: Shoonra (#2)

(2) He leaves behind a small son

That's too bad.

Well at least there's one innocent person in the story.

Prefrontal Vortex  posted on  2010-12-11   14:07:40 ET  Reply   Untrace   Trace   Private Reply  


#25. To: Prefrontal Vortex, Shoonra (#24)

(2) He leaves behind a small son That's too bad.

Well at least there's one innocent person in the story.

Yeah, Shoonra omitted the fact that Daddy hung himself while junior was cruising around the apartment....some hero.

abraxas  posted on  2010-12-11   15:39:38 ET  Reply   Untrace   Trace   Private Reply  


#33. To: abraxas, Shoonra (#25)

Yeah, Shoonra omitted the fact that Daddy hung himself while junior was cruising around the apartment....some hero.

I suspect that somebody may have "helped" Daddy hang himself and figured the kid was too little to be a witness and so spared him.

Original_Intent  posted on  2010-12-11   19:43:57 ET  Reply   Untrace   Trace   Private Reply  


#34. To: Original_Intent (#33)

I suspect that somebody may have "helped" Daddy hang himself

Why do you suspect that?

abraxas  posted on  2010-12-11   20:57:09 ET  Reply   Untrace   Trace   Private Reply  


#42. To: abraxas (#34)

I suspect that somebody may have "helped" Daddy hang himself

Why do you suspect that?

This is speculation, and clearly labeled as such.

Mr. Madoff was a "loose end", and it appears from some of the evidence, indirect and speculatative, that his father, Bernard Madoff, was working for Israel. His sons may, or may not, have known that.

He was under increasing pressure from lawsuits stemming from the criminality his father went to prison for.

As such he was a "lightning rod" bringing constant attention to the case and keeping it in the news. As such he was creating negative Public Relations, and continued interest in the case, just by continuing to breathe.

His wife had already filed in court for a name change for her and the kids because of the adverse publicity.

The manner of his suicide is just a bit odd. While he could well have gotten despondent and taken his own life generally when somebody like this commits suicide it is at least somewhat planned out and they don't use a "dog leash" to hang themselves. In fact men, statistically, are much more likely to use a gun, just as women are more likely to use poison.

So, the speculation runs something like this: He had become inconvenient to the people his father answered to and they decided to eliminate the inconvenience and the publicity, speculation, and continued investigation that went with it.

With his death the lawsuits against him personally become moot, and go away. After a little flurry of news coverage about his unfortunate "suicide" the case disappears from the news. Much like the late Deborah Jean Palfrey, a.k.a. "The D.C. Madam", who committed suicide in her mother's garage with an electrical cord - hanging herself of course. Clean up on aisle 3 complete.

Original_Intent  posted on  2010-12-11   21:53:45 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 42.

#45. To: Original_Intent, abraxas (#42)

I suspect that somebody may have "helped" Daddy hang himself

Why do you suspect that?

The olde man took the fall, hoping that would be the end of the criminal probe. That did not work.

Surely no one can think the son took his own life because of embarrassment, the heat was becoming to hot, so he took this way out, with or without encouragement.

Cynicom  posted on  2010-12-11 22:10:28 ET  Reply   Untrace   Trace   Private Reply  


#46. To: Original_Intent (#42)

men, statistically, are much more likely to use a gun

it is at least somewhat planned out

With his death the lawsuits against him personally become moot, and go away.

That would have upset the toddler in the house. Daddy was showing concern by making a quiet exit with a dog collar. This took some planning.

You say it wasn't planned out, but the suicide fell on the anniversary of the day sonny turned daddy in for his ponzi scheme. The wife was conveniently out of state with the four year old to mitigate the fall out to a small extent. He sent her an e-mail to ensure the two year old wasn't alone in the house with daddy hanging from the dog collar for too long........that's quite a bit of planning.

The lawsuits will not go away as the assets are still there and not only was Sonny named but also his wife, ex wife and children. So, now the wife, ex-wife and children will go through the courts without him.

abraxas  posted on  2010-12-11 22:13:58 ET  Reply   Untrace   Trace   Private Reply  


#47. To: Original_Intent (#42)

He could have been facing forclosure too.........

An article from 2009 states: Mark Madoff, who earned as much as $5 million annually, married Stephanie, his second wife, in a million-dollar-plus wedding on Nantucket in 2003. The couple later paid $6.5 million for a 3.3-acre spread and McMansion on the island.

Read more: http://www.nypost.com/p/news/local/manhattan/item_VuqGUZQg3ikFJUJRdEY7DK#ixzz17r cmSlYi

He paid top dollar at the top end of the market. Plus, he no longer makes $5 million annually........what he does make the courts wanted to take.

abraxas  posted on  2010-12-11 22:22:04 ET  Reply   Untrace   Trace   Private Reply  


#59. To: Original_Intent (#42)

The manner of his suicide is just a bit odd. While he could well have gotten despondent and taken his own life generally when somebody like this commits suicide it is at least somewhat planned out and they don't use a "dog leash" to hang themselves.

Add me to the kook list.

There's probably some occult significance to that.

AllTheKings'HorsesWontDoIt  posted on  2010-12-12 12:40:10 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 42.

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