Madoff investor commits suicide

[charlie]

A French investment manager who put $1.4bn (£1bn) into Bernard Madoff's fraud-hit scheme has committed suicide in his New York office, police said.

Rene-Thierry Magon de la Villehuchet, 65, was found sitting at his desk with both wrists slashed, New York police spokesman Paul Browne said.

A bottle of sleeping pills was on his desk and a box cutter lay on the floor.

http://news.bbc.co.uk/2/hi/business/7798533.stm

And so it begins. One thing I've never seen is any sort of survey or investigation of how ordinary moms and pops fare after massive financial frauds. A lot of retirement nest eggs have been wiped out by the likes of Madoff and Keating and I expect a good number of suicides follow in their wake.