Monday, 30 June 2008

Where is Samuel Israel III?

A few weeks ago, hedge fund manager and convicted fraudster Samuel Israel III disappeared after abandoning his car on a bridge over the Hudson River in upstate New York. In the dust on his car he scrawled the message: 'suicide is painless'. He was supposed to be going to prison for twenty years. He defrauded investors in the Bayou Management hedge fund out of $400 million. And now he's gone. Gone. My guess is you'll never hear from him again.

He's gone underground with Jack Pickles. It's true. Jack is putting quite a team together, and you've got to admire his demonic energy, I suppose. But Mr Israel will soon find out that though suicide is painless, working for Jack Pickles ain't.