Madoff friend Picower dead, found in pool

[babsbunny]

Madoff friend Picower dead, found in pool

http://www.reuters.com/article/domesticNews/idUSTRE59O1VO20091025

Sun Oct 25, 2009 7:22pm EDT

MIAMI (Reuters) - Palm Beach billionaire Jeffry Picower, described as the biggest beneficiary of Bernard Madoff's fraud, died on Sunday after he was found lying at the bottom of the pool at his home, police said.

Emergency services were called to the oceanside mansion after Picower, 67, was pulled from the pool by his wife and a housekeeper and he was later pronounced dead, the Palm Beach Post reported quoting police and Fire Rescue officials.

[RockaFowler]

1. Here's a little more from my station

http://www.wptv.com/content/news/centralpbc/palmbeach/story/Near-drowning-at-billionaire-Jeffrey-Picowers-man/yV8I0K0VlkKFh9oHib3q_A.cspx

Palm Beach Police say 67-year-old Jeffry M. Picower has been prounced dead at Good Samaritan Hospital after they say he was found unconscious in his pool Sunday afternoon.

Fire-rescue officials said the wife and maid called 911 dispatchers. The wife stated that her husband was at the bottom of the pool.

[Canuckistanian]

2. One of the guys at the top of the Madoff pyramid

And about to be sued for $7.2 billion.

Not hard to see what happened here.

[Ruby the Liberal]

3. Well, isn't that convenient.

[Ikonoklast]

4. Loved money more than he loved his own life.

Sad end.

[704wipes]

5. but now his family gets to keep it all?

is that right?

[AllentownJake]

6. No

You can sue an estate for ill-gotten gains...he just doesn't have to testify.

[Ian David]

7. Maybe that's what someone wanted? n/t