Mark Madoff Suicide – RIP Mark, You Deserved To Have Been Taught Self Worth By Your Parents

Insider Monkey is heartbroken (no sarcasm here) that a healthy man, with a beautiful wife and four gorgeous kids, felt so defined by his place in society that he thought he wasn’t worth the air that he breathed. Schadenfreude towards the elder Madoffs notwithstanding, this is sad.

Mark’s wife Stephanie had her name and her children’s names changed long ago. Why that wasn’t a viable alternative for Mark, we don’t know. He could have sacrificed his own content, perhaps done a 180° turn from the gluttonous life of his father, and kept in mind that he wanted better for his own children than what he got from his own parents. The family could have moved off the grid- to Alaska? Congo? He could have taken on a new identity and learned to enjoy the God given gift of LIFE- the same kind millions of Americans have and are content watching Saturday morning cartoons with the kids, mowing the lawn on the weekends and eating a home-cooked dinner everynight with the meat on sale that day.

Or, he could have created a new reputation for himself. It would’ve been possible for the Madoff name to by synonymous with both selfishness and selflessness. Mark’s options for living a life of humility were endless. America is the place for redemption, forgiveness, new turns. Prince Andrew’s exwife Fergie once said she could never have created a new persona in England because the US was the place where people really believed it was possible to become a better person, even becoming a different person. After all, no one really blames the children for anything (We at Insider Monkey, don’t). The children are hapless spectators; it’s nearly impossible for them to distance themselves from the morals and lives of their parents. Barack Obama is as wonderful as his mother was. Reverend Chloe Breyer has the same, if not more impressive, morals as does her father, Supreme Court Justice Stephen Breyer. Meanwhile, we’re not at all surprised that the man being questioned by police in connection to the death of rising fashion designer Sylvie Cachay, Nicholas Brooks, is the son of a criminal, serial rapist Joseph Brooks.

Yes, – all the money Bernie stole from so many people, it was wrong. But keep in mind, in order to be an accredited investor (invest in a hedge fund) in the US, one must have a net worth of at least one million US dollars or have made at least $200,000 each year for the last two years ($300,000 with his or her spouse if married) and have the expectation to make the same amount the current year. In other words, Madoff’s victims were not living paycheck to paycheck. Some of them may have been leveraged to the max, but not because of costs of food and shelter. We don’t feel that much pity for those who didn’t pay due diligence in where they invested their money and instead trusted the “Madoff” brand name. In short, the victims of the Madoffs weren’t disabled, or children. They were educated adults with enough money to spare to enjoy the simple life should their investments go awry.

We are sorry for you, the four children of Mark Madoff. We hope that in 30 or so years you can become more of a human being than was your father. It seems your father fell victim to the legacy the elder Madoff created, that one’s own happiness and societal place surprasses the wellbeing of anyone else, including one’s own children.

The only not ugly angle to Mark Madoff’s suicide is the pain Bernie would feel when learning of his son’s demise. Somehow, we don’t think he’ll care.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

On the Move: The 10 Fastest Growing Businesses in 2015

Fast Money: The 10 Highest Paying Fast Food Restaurants

Mixing It Up: The 14 Best Music Mashups of 2014

Rito Pls Buff: The 10 Least Played Champions in LoL Season 4

10 Covers of Popular Songs that are Better than the Originals

Must See TV: The 9 Most Anticipated Shows of 2015

The 15 Biggest Box Office Bombs of All Time

10 Things The World Can’t Stand About Americans

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!