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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (44278)	12/23/2008 1:35:06 PM
From: elmatador	Read Replies (1) \| Respond to of 217739

Madoff-hit French investor commits suicide: "could not cope with the pressure following the outbreak of the scandal. Madoff-hit French investor commits suicide: report Agence France-Presse \| 12/24/2008 1:32 AM Printer-friendly version \| Send to friend PARIS - A French investment fund manager badly hit by the multi-billion-dollar Madoff scandal committed suicide in his New York office on Tuesday, a French newspaper reported. Thierry de la Villehuchet, 65, was the co-founder of Access International, a company that raised funds on the European markets to plough into Bernard Madoff's fraud-hit investment scheme. Villehuchet "could not cope with the pressure following the outbreak of the scandal. He took his own life, this morning, in his office in New York," the website of la Tribune business daily quoted his relatives as saying. "This is a farewell from someone who had done nothing wrong," they said. "For the past week, he had tried day and night to find a way to recoup his investors' money and had begun legal action in the United States against US authorities," his relatives said. But "he could not stand the hunt for culprits launched by the Europeans." "The truth is that everyone wanted to invest with Madoff, considered by everyone to be AAA, i.e. absolute security." Prosecutors allege that Madoff, 70, has confessed to losing upward of 50 billion dollars over years of running a pyramid scheme, where new investors were secretly fleeced to pay returns to existing investors. He is currently free on bail of 10 million dollars as police continue a probe. La Tribune did not specify how much Villehuchet's company had invested in the scheme

To: Haim R. Branisteanu who wrote (44278)	12/24/2008 6:39:05 AM
From: elmatador	Read Replies (1) \| Respond to of 217739

Read please eplay posting. Very perspicacious! Side affects fo the crisis. Typical homo oeconomicus acting. Helps me explain why real estate prices climb in Curitba wihtout bubling. People move to Curitiba for the same reasons. Here one sq m is half the price for similar sized cities. People who can get a job move to here without even blinking. Jobs can be created as companies run away from inflated S. Paulo, where executives need to move by helicopter (and they have helicopter traffic jam in the sky above the city.) One problem that hampered this job creation -steal form S. Paulo- is he lack of buildings that can house 200 to 600 employees. Noting that S. Paulo city would be a country, it ranked 50th in the world and only 22 USA states have a bigger economy than S. Paulo city. So we have rich pickings to steal from S. Paulo.!!! This lack of office space is now being solved: skyscrapercity.com This is not happening in Denmark...