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Getbig Main Boards => Politics and Political Issues Board => Topic started by: 2ND COMING on October 25, 2009, 11:27:04 PM

Title: Madoff's billionaire friend Picower dead, found in pool
Post by: 2ND COMING on October 25, 2009, 11:27:04 PM

Quote

MIAMI, Oct 25 (Reuters) - Palm Beach billionaire Jeffry Picower, described as the biggest beneficiary of Bernard Madoff's fraud, died on Sunday after he was found lying at the bottom of the pool at his home, police said.

Emergency services were called to the oceanside mansion after Picower, 67, was pulled from the pool by his wife and a housekeeper and he was later pronounced dead, the Palm Beach Post reported quoting police and Fire Rescue officials.

Police were investigating the death as a drowning, the newspaper said. It reported he was not breathing when he was pulled from the pool and paramedics worked unsuccessfully for 20 minutes at the scene to try to revive him.

Picower and his wife, Barbara, were friends of Wall Street financier Madoff, who is serving a 150-year sentence after pleading guilty to running a $65 billion Ponzi scheme.

Title: Re: Madoff's billionaire friend Picower dead, found in pool
Post by: Signifying Monkey on October 25, 2009, 11:29:27 PM

pity it didn't happen sooner

Title: Re: Madoff's billionaire friend Picower dead, found in pool
Post by: MB_722 on October 25, 2009, 11:33:47 PM

cool story

Title: Re: Madoff's billionaire friend Picower dead, found in pool
Post by: Hugo Chavez on October 26, 2009, 12:19:07 AM

I have plans.

Title: Re: Madoff's billionaire friend Picower dead, found in pool
Post by: Soul Crusher on October 26, 2009, 05:49:35 AM

Quote from: Hugo Chavez on October 26, 2009, 12:19:07 AM

I have plans.

Sounds like he took a pill or something.  I heard he was being sued, under investigation, and took out billions from the scheme.

Sounds like Frankie Pantangolie from Godfather 2 at the end.  The family keeps the money, he commits suicide.