The Masked Tulip Posted July 6, 2010 Share Posted July 6, 2010 Hedge fund manager commits suicide on Spanish beach 'to avoid being arrested over £249m Ponzi scheme' Read more: http://www.dailymail.co.uk/news/worldnews/article-1292436/Dieter-Frerichs-commits-suicide-avoid-arrest-alleged-249m-Ponzi-scheme.html#ixzz0suPpMFLk Quote Link to comment Share on other sites More sharing options...
Dave Spart Posted July 6, 2010 Share Posted July 6, 2010 I don't even know why such trifling sums even get reported here anymore. Quote Link to comment Share on other sites More sharing options...
Reck B Posted July 6, 2010 Share Posted July 6, 2010 (edited) Dieter Frerichs, a German national who was once the managing director of K1 group funds K1 Global and K1 Invest, ran into the sea after police startled him while sunbathing at a house in Palma, Majorca. Is this detail at all necessary? What did the police do? Shout "Boo"? Was he tanning his back or front at the time? What factor lotion was he using? How much was the house worth? i think we should be told. Edited July 6, 2010 by Reck B Quote Link to comment Share on other sites More sharing options...
barrabus Posted July 6, 2010 Share Posted July 6, 2010 Is this detail at all necessary? What did the police do? Shout "Boo"? Was he tanning his back or front at the time? What factor lotion was he using? How much was the house worth? i think we should be told. Soft cowardly Bast@red could not even shot him self properly. Quote Link to comment Share on other sites More sharing options...
Nationalist Posted July 6, 2010 Share Posted July 6, 2010 Bizzare! If he wasn't planning on facing justice he should have done a Lord Lucan and never been seen again. Or high-tailed it off to Northern Cyprus with his £249m and lived in a palazzo with a hareem of senioritas. Quote Link to comment Share on other sites More sharing options...
Injin Posted July 6, 2010 Share Posted July 6, 2010 Bizzare! If he wasn't planning on facing justice he should have done a Lord Lucan and never been seen again. Or high-tailed it off to Northern Cyprus with his £249m and lived in a palazzo with a hareem of senioritas. Ahh a permenent holiday with the missing money that will now stay missing? Quote Link to comment Share on other sites More sharing options...
Guest sillybear2 Posted July 6, 2010 Share Posted July 6, 2010 (edited) http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aI5FWGQAtTBc The only difference is they weren't too big to fail. Edited July 6, 2010 by sillybear2 Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted July 6, 2010 Share Posted July 6, 2010 Hedge fund manager commits suicide on Spanish beach 'to avoid being arrested over £249m Ponzi scheme' Read more: http://www.dailymail...l#ixzz0suPpMFLk thats £249million we know isnt coming back....just 4trillion left to find. Quote Link to comment Share on other sites More sharing options...
lowrentyieldmakessense(honest!) Posted July 6, 2010 Share Posted July 6, 2010 thats £249million we know isnt coming back....just 4trillion left to find. has Mervyn King done the decent thing yet a lot more are coming - expect a few accidents and disappearances over the next few years Quote Link to comment Share on other sites More sharing options...
200p Posted July 6, 2010 Share Posted July 6, 2010 He'd probably spent all the money, and now the games up. Nothing left to do but to end it. Other people would pug it away and get a new identity in Panama. What a profligate idiot. Quote Link to comment Share on other sites More sharing options...
chris25 Posted July 6, 2010 Share Posted July 6, 2010 He'd probably spent all the money, and now the games up. Nothing left to do but to end it. Other people would pug it away and get a new identity in Panama. What a profligate idiot. Yes, but at least he went out with a bang Quote Link to comment Share on other sites More sharing options...
Guest sillybear2 Posted July 6, 2010 Share Posted July 6, 2010 Yes, but at least he went out with a bang These traders are always keen to pull the trigger. Quote Link to comment Share on other sites More sharing options...
Limpet Posted July 6, 2010 Share Posted July 6, 2010 Hedge fund manager commits suicide Oh dear, how sad, never mind Quote Link to comment Share on other sites More sharing options...
Abstra Posted July 6, 2010 Share Posted July 6, 2010 (edited) Is this detail at all necessary? What did the police do? Shout "Boo"? Was he tanning his back or front at the time? What factor lotion was he using? How much was the house worth? i think we should be told. How many spurts of blood were there before he collapsed. Did the bang make anyone jump with surprise! Did any dogs bark or howl in response to the weapon discharging. Are there any guns designed to be fired underwater? Had he suggested that we create a debt free money system, in which case he was shot by someone else cause thats what happens. Edited July 6, 2010 by Abstra Quote Link to comment Share on other sites More sharing options...
Zngland Posted July 6, 2010 Share Posted July 6, 2010 Ahh a permenent holiday with the missing money that will now stay missing? Can you please stop offering the red pill. Quote Link to comment Share on other sites More sharing options...
Saving For a Space Ship Posted July 6, 2010 Share Posted July 6, 2010 (edited) Sloppy journalism... what was his house worth ? At the very least, tell us how much the beach last sold for Rather a tragedy when his escape vehicle was so close by Edited July 6, 2010 by Saving For a Space Ship Quote Link to comment Share on other sites More sharing options...
200p Posted July 6, 2010 Share Posted July 6, 2010 Sloppy journalism... what was his house worth ? Director Dieter Frerichs (72) again in his four-million-Euro-Villa http://translate.google.co.uk/translate?hl=en&sl=de&u=http://www.gomopa.net/print.php%3Fpaper%3D/Pressemitteilungen.html%3Fid%3D511%26meldung%3DK1-Direktor-Frerichs-300-Millionen-versenkt-aber-Haftverschonung&ei=vnYzTJf2HdW7jAe7yN2WBg&sa=X&oi=translate&ct=result&resnum=1&ved=0CBoQ7gEwADgU&prev=/search%3Fq%3D%2522dieter%2Bfrerichs%2522%2B%252Bvilla%26start%3D20%26hl%3Den%26client%3Dfirefox-a%26hs%3DsGY%26sa%3DN%26rls%3Dorg.mozilla:en-GB:official%26prmd%3Dno Quote Link to comment Share on other sites More sharing options...
erranta Posted July 6, 2010 Share Posted July 6, 2010 HEDGE_FUND Etymology >>> "Prefixed to any word, it "notes something mean, vile, of the lowest class" [Johnson], from contemptuous attributive sense of "plying one's trade under a hedge" (hedge-priest, hedge-lawyer, hedge-wench, etc.), a usage attested from c.1530. The verb sense of "dodge, evade" is first recorded 1590s" Nathan Rothschild - Manages 'filth' in the City! Quote Link to comment Share on other sites More sharing options...
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