Hedge Fund Managers On The Run
Years ago we read about a psychologist discussing how almost all suicides off the Golden Gate Bridge jumped off the side facing San Francisco. The psychologist was pondering what the suicides were trying to say and whom they were relating to. Someone in the audience ruined this bout of deep thinking by asking a simple question: "Which side of the Golden Gate Bridge is the sidewalk on?"
In related news, almost no one believed for a minute former hedge fund manager Samuel Israel killed himself by jumping off the Bear Mountain bridge. It's just not a suicidal place. Now that his body has failed to wash up, authorities are certain that he faked his suicide and went on the lam. He's not, of course, the first hedge fund manager to make a run for it. There have been at least three others, including one who eluded authorities for five years.
Hedge fund managers who escaped U.S. police [Reuters]