Madoff strikes another victim

Madoff has effected another person. This time not only did he lose his money and his investors money, but he lost his life. 

Its just so sad to hear that someone is taking their own life, but its even more hurtful to know its over the loss of money. In this case large sums of money. 

This story seems to be getting from bad to worse.  It sheds a very bad light on the industry of asset management. 

However, just like anything, there are always good and bad people. But it will certainly take some time for people to regain confidence in their advisors, markets, and themselves.