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Non-Tech : Bill Wexler's Trading Cabana

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To: Kevin Podsiadlik who wrote (4638)12/23/2008 1:15:46 PM
From: RockyBalboa  Read Replies (2) of 6370
 
First dead bodies are floating in the madov case:
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Madoff Fund Operator De La Villehuchet Found Dead in New York
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By Saijel Kishan and Katherine Burton

Dec. 23 (Bloomberg) -- Thierry Magon de La Villehuchet, who ran a fund that invested with Bernard Madoff, was found dead at his Madison Avenue office today, a New York City police officer at the scene said. The death appeared to be a suicide, he said.

De la Villehuchet, 65, was a founding partner and chief executive officer of Access International Advisors, according to a marketing document. Access invested $1.4 billion with Madoff, who was arrested on Dec. 11 for allegedly running a $50 billion Ponzi scheme.

Access’s LUXALPHA SICAV-American Selection invested solely with Madoff, the company said. Access said last week that it was working with lawyers to assess the situation. No one answered the phone at the company today. A call to his home wasn’t returned.

To contact the reporters on this story: Saijel Kishan in New York at skishan@bloomberg.netKatherine Burton in New York at kburton@bloomberg.net
Last Updated: December 23, 2008 12:48 EST
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