MoneyNewsRecord

Suicide by German billionaire, French aristocrat Villehuchet, due to world financial crisis and his loses

Posted in Uncategorized by 911Truth on January 6, 2009

German billionaire Adolf Merckle has committed suicide after his business empire, which included interests ranging from pharmaceuticals to cement, ran into trouble in the global financial crisis, his family said Tuesday, lost L 1billion.

http://news.yahoo.com/s/ap/20090106/
ap_on_bi_ge/eu_germany_obit_merckle

Also, a prominent French financier Magon Villehuchet who had entrusted his fortune and his clients’ money to Madoff was found dead at his office in New York on Dec. 23, 08, an apparent suicide.
His firm, Access International, lost $1.4 billion.
Villehuchet attracted elite investors like Philippe Junot,
the former husband of Princess Caroline of Monaco, and Liliane Bettencourt,
daughter of the founder of the French cosmetics giant L’Oréal,

http://www.huffingtonpost.com/2008/
12/26/thierry-magon-de-la-ville_n_153626.html

Thousands of individuals, including ordinary people and Hollywood celebrities as well as big hedge funds, international banks and charities around the globe, lost money investing with Madoff Ponzi $50 billion scheme.

 Madoff, a former chairman of the Nasdaq Stock Market was a member of SEC advisory committees.

Clearly, our regulatory system … failed miserably and we must rebuild it now

One Response

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  1. friehey said, on February 10, 2009 at 5:24 am

    Thanks you for information, this post is interesting.


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