Partner at John Paulson’s Hedge Fund Plunged to His Death in Apparent Suicide
This man apparently plunged to his death from a 24-story luxury hotel in Manhattan yesterday.
Charles Murphy (age 56) was a partner at a firm called Paulson & Co., and at an older company he worked for, they invested $7 Billion into Bernie
Madoff, losing investors money.
Charles Murphy, 56, was found on the fourth-floor terrace of luxury New York hotel Sofitel, after jumping from a room on the 24th floor, according to
Bloomberg, citing people familiar with the matter.
The firm he most recently worked, Paulson & Co. has been scrutinized for business practices as well:
Paulson & Co. hasn't had an easy time in recently. In 2016, the firm made famous for betting billions against the subprime mortgages before the
financial crisis lost some $3 billion according to Bloomberg. Paulson's investors were also losing faith in the fund fast, with $2.5 billion in
outflows that year, according to people familiar with the matter to Fortune last year.
The story seems to really want to suggest this is a suicide, blaming it on Paulson's $50 million home he was trying to sell, that is now on the
market for $36 million. Give me a break.. it's not remorse from the Madoff thing years ago, it likely isn't sadness from losing some of his
Apparently he may have been with family at the time..
This is so ironic, I was just reading a comic book called the black Monday murders, its about bankers that made a pact with mammon or the devil type
of deal and it starts off with one of them getting thrown out the window. Ita more complex then that but not to spoil anything.
Every hedgefund manager ive ever personally known was a sociopath. 90 percent of them should commit harikari. I have a personal aquaintance whos a
hedgefund manager. He even attempted sucide. Said it was due to moral issues with his work. But still hes making 600k a year for a decade now.
Hes a paycho but hey i grew up with him.
I wonder if they have been "handing" investments for the Clinton foundation? Or maybe the feds came aknockin' in which cases there are only two
choices, run to a country without an extradition treaty or suicide by flight, two bullets to the head, chainsaw to cut wrists, stab yourself seven to
fifteen times while wearing handcuffs, etc...
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