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NYC Investment firm unwinds from $20 BLN to $800 M, CEO commits suicide

 
Nexus-9

User ID: 80252550
Germany
04/29/2021 02:35 PM
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NYC Investment firm unwinds from $20 BLN to $800 M, CEO commits suicide
Another rich person bites the dust.

[link to www.thesun.co.uk (secure)]

This will start getting common.
"Fiery the Angels rose, & as they rose deep thunder roll'd
Around their shores: indignant burning with the fires of Orc" - William Blake, America a Prophecy
(...also misquoted in Blade Runner by Roy Batty)

"Tempus est optimus iudex" - "Time is the best judge"

"The very word "'secrecy'" is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths and to secret proceedings." - John F. Kennedy, New York City, April 27, 1961
Anonymous Coward
User ID: 78349802
United States
04/29/2021 02:43 PM
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Re: NYC Investment firm unwinds from $20 BLN to $800 M, CEO commits suicide
It's hard to step down in life.
BRIEF

User ID: 79662918
United States
04/29/2021 02:46 PM

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Re: NYC Investment firm unwinds from $20 BLN to $800 M, CEO commits suicide
A man can't live on 800 million...I mean come on, a man needs CASH!
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
BRIEF

User ID: 79662918
United States
04/29/2021 02:48 PM

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Re: NYC Investment firm unwinds from $20 BLN to $800 M, CEO commits suicide
It's hard to step down in life.
 Quoting: Anonymous Coward 78349802


I will never forget where I come from and how I made money...I could not do it again physically, although I'm in great health at 46...No way I could work like I was 20 again, but that's why I prepared...I knew I could not keep up the pace forever...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
User ID: 80158173
United States
04/29/2021 02:48 PM
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Re: NYC Investment firm unwinds from $20 BLN to $800 M, CEO commits suicide
Pushed...
BRIEF

User ID: 79662918
United States
04/29/2021 02:50 PM

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Re: NYC Investment firm unwinds from $20 BLN to $800 M, CEO commits suicide
Pushed...
 Quoting: Anonymous Coward 80158173


The stress is tremendous when you are responsible for people...All your employees depend on you, the CEO, to make sure they remain profitable...Imagine being responsible for your employees losing their homes, cars, and their way of life, it's all on his shoulders...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
User ID: 77747043
United States
04/29/2021 02:51 PM
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Re: NYC Investment firm unwinds from $20 BLN to $800 M, CEO commits suicide
butthurt9byekittysbus
Anonymous Coward
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04/29/2021 02:56 PM
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Re: NYC Investment firm unwinds from $20 BLN to $800 M, CEO commits suicide
Pushed...
 Quoting: Anonymous Coward 80158173
Hoseman

User ID: 75361028
United States
04/29/2021 03:03 PM
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Re: NYC Investment firm unwinds from $20 BLN to $800 M, CEO commits suicide
A man can't live on 800 million...I mean come on, a man needs CASH!
 Quoting: BRIEF


He didn't have $800 million. His investment firm lost $19.2 billion of investor money.

Pushed.
Wayfaring Stranger

User ID: 79139945
Canada
04/29/2021 03:05 PM
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Re: NYC Investment firm unwinds from $20 BLN to $800 M, CEO commits suicide
Shouldn't they do that 'before' they fuck things up rather than 'after' the damage is done?
BRIEF

User ID: 79662918
United States
04/29/2021 03:06 PM

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Re: NYC Investment firm unwinds from $20 BLN to $800 M, CEO commits suicide
A man can't live on 800 million...I mean come on, a man needs CASH!
 Quoting: BRIEF


He didn't have $800 million. His investment firm lost $19.2 billion of investor money.

Pushed.
 Quoting: Hoseman


Yes I know...

Let's just say he violently resigned...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Nexus-9  (OP)

User ID: 80252550
Germany
04/29/2021 03:08 PM
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Re: NYC Investment firm unwinds from $20 BLN to $800 M, CEO commits suicide
It's hard to step down in life.
 Quoting: Anonymous Coward 78349802


I will never forget where I come from and how I made money...I could not do it again physically, although I'm in great health at 46...No way I could work like I was 20 again, but that's why I prepared...I knew I could not keep up the pace forever...
 Quoting: BRIEF


Stay well, bro! And no matter what they say, life never gives lemons!

https://imgur.com/W3B1i0Q

"Fiery the Angels rose, & as they rose deep thunder roll'd
Around their shores: indignant burning with the fires of Orc" - William Blake, America a Prophecy
(...also misquoted in Blade Runner by Roy Batty)

"Tempus est optimus iudex" - "Time is the best judge"

"The very word "'secrecy'" is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths and to secret proceedings." - John F. Kennedy, New York City, April 27, 1961
BRIEF

User ID: 79662918
United States
04/29/2021 03:08 PM

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Re: NYC Investment firm unwinds from $20 BLN to $800 M, CEO commits suicide
Shouldn't they do that 'before' they fuck things up rather than 'after' the damage is done?
 Quoting: Wayfaring Stranger


No balls, no glory...If you do not take calculated risks, you will not get ahead of the game...If people only understood that borrowing money puts them behind the starting line! You cannot climb a mountain by digging a hole!
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
User ID: 80129600
Australia
04/29/2021 03:16 PM
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Re: NYC Investment firm unwinds from $20 BLN to $800 M, CEO commits suicide
what was he invested in ?
Anonymous Coward
User ID: 80129600
Australia
04/29/2021 03:17 PM
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Re: NYC Investment firm unwinds from $20 BLN to $800 M, CEO commits suicide
Shouldn't they do that 'before' they fuck things up rather than 'after' the damage is done?
 Quoting: Wayfaring Stranger


No balls, no glory...If you do not take calculated risks, you will not get ahead of the game...If people only understood that borrowing money puts them behind the starting line! You cannot climb a mountain by digging a hole!
 Quoting: BRIEF


gotta risk it for the biscuit.
Anonymous Coward
User ID: 79717606
United States
04/29/2021 03:23 PM
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Re: NYC Investment firm unwinds from $20 BLN to $800 M, CEO commits suicide
murdered

people with millions don't commit suicide
BRIEF

User ID: 79662918
United States
04/29/2021 03:24 PM

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Re: NYC Investment firm unwinds from $20 BLN to $800 M, CEO commits suicide
Shouldn't they do that 'before' they fuck things up rather than 'after' the damage is done?
 Quoting: Wayfaring Stranger


No balls, no glory...If you do not take calculated risks, you will not get ahead of the game...If people only understood that borrowing money puts them behind the starting line! You cannot climb a mountain by digging a hole!
 Quoting: BRIEF


gotta risk it for the biscuit.
 Quoting: Anonymous Coward 80129600


But you don't bet the farm on a long shot...My system is divided into four categories that cover the whole economy and put 25% in each...The whole planet will have to implode for me to be wiped out...

Last Edited by BRIEF on 04/29/2021 03:24 PM
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
User ID: 74917699
United States
04/29/2021 03:29 PM
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Re: NYC Investment firm unwinds from $20 BLN to $800 M, CEO commits suicide
A man can't live on 800 million...I mean come on, a man needs CASH!
 Quoting: BRIEF


He didn't have $800 million. His investment firm lost $19.2 billion of investor money.

Pushed.
 Quoting: Hoseman


Thrown
Anonymous Coward
User ID: 79361743
United States
04/29/2021 03:32 PM
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Re: NYC Investment firm unwinds from $20 BLN to $800 M, CEO commits suicide
death faked, new identity
Anonymous Coward
User ID: 78886687
United States
04/29/2021 03:57 PM
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Re: NYC Investment firm unwinds from $20 BLN to $800 M, CEO commits suicide
It's hard to step down in life.
 Quoting: Anonymous Coward 78349802


I will never forget where I come from and how I made money...I could not do it again physically, although I'm in great health at 46...No way I could work like I was 20 again, but that's why I prepared...I knew I could not keep up the pace forever...
 Quoting: BRIEF


Gimme a break, a one armed tard can put pipes on a car
BRIEF

User ID: 79662918
United States
04/29/2021 04:03 PM

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Re: NYC Investment firm unwinds from $20 BLN to $800 M, CEO commits suicide
It's hard to step down in life.
 Quoting: Anonymous Coward 78349802


I will never forget where I come from and how I made money...I could not do it again physically, although I'm in great health at 46...No way I could work like I was 20 again, but that's why I prepared...I knew I could not keep up the pace forever...
 Quoting: BRIEF


Gimme a break, a one armed tard can put pipes on a car
 Quoting: Anonymous Coward 78886687


Yes I know, I've seen it all LOL
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
User ID: 80296230
United States
04/29/2021 04:08 PM
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Re: NYC Investment firm unwinds from $20 BLN to $800 M, CEO commits suicide
Worthless video.. I guess I missed the part where he actually jumped
Anonymous Coward
User ID: 78276944
United States
04/29/2021 04:13 PM
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Re: NYC Investment firm unwinds from $20 BLN to $800 M, CEO commits suicide
Understand, he was indeed a victim - but not in the way you think.

He likely did indeed kill himself.

But he was a value investor - He was old-school in that he researched companies and based his investments on sound underlying economics of the business.

HE is a victim of the absurdly profligate debt binge pushed by the FED's loose money faucet.

That's what killed him. He could no longer read the market due to the insane price distortion created by easy money FED.

He is a harbinger, but again, not in the way you think.





GLP