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亂彈煤井新聞-- 金融危機中的自殺

(2009-01-06 09:53:46) 下一個

Suicide is coming for 2008 finance crisis brought by the collpase of Wall Street. Here are two examples:

  1. On Dec.22 2008, Rene-Thierry Magon de la Villehuchet, 65, committed suicide by swallowing sleeping pills and slashing his wrists with a box cutter after losing more than 1 billion (at least $1.4billion) of his own family's and his clients' money to "well respected" American market maker Bernard Madoff.
  2. On Jan. 2009, German tycoon Adolf Merckle, 74 years old, killed himself after his business empire got into trouble in this global financial turnmoil. Some banking sources said he lost about 400 million euros on Volkswagen investment alone
Believe it or not, we are standing in the middle of the global crisis "made by greedy human being". The tradegy just started, and seems not the end. But still no men were punished for financial crimes and loose regulations. Honorable magnates have no choice when they face the pressure from the banks who loaned them cash; While unhonest people like Bernard Madoff could still smile after robbing billions of dollars with a historic Ponzi game.

More and more people will lose their bets ( Without dividends, is stock a legal Ponzi game rather than investment ) in the stock market ( Is it a legal and public Casino?). Keep it simple and stupid,  forget tricky finacial terms created by Wall Street professionals, and you will get the idea!

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