Sunday, December 12, 2010

Bernie Madoff's Son Commits Suicide

Bernie Madoff, ponzi scheme extraordinaire, has lost his oldest son, Mark Madoff.  He was found hung in his Manhattan apartment Saturday morning.  He hung himself with his dog's leash while his 2 year son was in the apartment.

This is truly heart-wrenching.  Both of Madoff's sons claim to have had no knowledge of his scheme, but the multi-billion dollar scam he perpetrated has directly impacted their lives.  Since his arrest, both his sons and their wives have been sued by former clients seeking retribution for their losses.  Mark even got into a fist-fight on a New York street when he was accosted by a disgruntled former employee.

These poor guys have had their lives ruined by their father's dishonest conduct.  I send my heart out to Mark's mother, and hope that his soul finds solace.  And I hope Bernie rots in prison. 

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