Mark Madoff’s Suicide

Forty-six year old Mark Madoff, Bernie Madoff’s son, committed suicide today, the anniversary of his father’s arrest on December 11, 2008.  He is said to have hung himself with a dog leash in his NYC apartment.  His two year old son was asleep in the apartment, while his 4 year old daughter and his wife were in Disney World.  Yet, another tragedy as a result of Bernie Madoff’s Ponzi scheme.  

It seems like a never ending story of destruction and desperation.  Bernie Madoff’s 150 year prison sentence does not seem unfair.  It is hard to imagine how he feels right now after hearing about the death of his son, but could he be blamed for it?  Bernie Madoff’s entire family experiences constant harassment and relentless hatred.  Sometimes it is hard to pity a family that has remained wealthy, especially under the circumstances, and yet where do we divide wealth from humanity?   It would be nice to think they are philanthropic, and yet, Bernie Madoff took down with him many philanthropic organizations.  

Empathy.  A man just killed himself , leaving behind a young family.  It is uncertain at this hour whether or not he was suffering from a depression or something other than just circumstance.  Does that matter?  There are several people who killed themselves due to their financial collapse as a result of Bernie Madoff’s actions.  Mark Madoff’s attorney, Mr. Flumenbaum, said the following:  "Mark was an innocent victim of his father's monstrous crime who succumbed to two years of unrelenting pressure from false accusations and innuendo."  There is no definitive answer at this juncture as to whether or not Mark Madoff was completely innocent.  He and his brother both came forward and unleashed their father’s crimes.  Was this to protect themselves in some way?  It is said that Mark and his brother worked for a part of the business separate from the Ponzi scheme.  

The Bernie Madoff scandal may have happened two years ago, but it is fresh in many of our minds, especially those trying to recover from financial ruin.  Many of the rich he affected  had to leave their familiar lifestyles and try to make sense of their lives.  Obviously, his one of two sons was devastated by what happened and could no longer keep going.  As pointed out earlier, he may have been suffering from a deep depression and the anniversary was too much to handle.  It has not come out yet whether this was the case.

Today, we mourn the loss of a young man caught in a tangled web of desperation. He should not be blamed as selfish, but as someone who was in great pain and suffering and lost all hope.  If he was going to be punished for crimes, it no longer matters.  May he rest in peace.  


ZNetwork is funded solely through the generosity of its readers.

Donate
Donate
Leave A Reply

Subscribe

All the latest from Z, directly to your inbox.

Institute for Social and Cultural Communications, Inc. is a 501(c)3 non-profit.

Our EIN# is #22-2959506. Your donation is tax-deductible to the extent allowable by law.

We do not accept funding from advertising or corporate sponsors.  We rely on donors like you to do our work.

ZNetwork: Left News, Analysis, Vision & Strategy

Subscribe

All the latest from Z, directly to your inbox.

This is your article this month.

We’re glad you keep coming back. If Z’s work has informed, challenged, or inspired you, that’s no accident: there are no paywalls, no ads, and no billionaire owners here, and there never will be. Independent media survives because readers choose to support it.

Billionaires fund their own media. We fund ours. Help us reach 1,000 sustaining donors:

Number of donors685
Our goal1,000

Sustainers at $9/month or more receive the digital Z Magazine.

Already a sustainer? Click here and we won’t ask again. Thank you!

Your reading count is stored only in your browser and is never sent to us.

Sound is muted by default.  Tap 🔊 for the full experience

CRITICAL ACTION

Critical Action is a longtime friend of Z and a music and storytelling project grounded in liberation, solidarity, and resistance to authoritarian power. Through music, narrative, and multimedia, the project engages the same political realities and movement traditions that guide and motivate Z’s work.

If this project resonates with you, you can learn more about it and find ways to support the work using the link below.

Independent media is not disappearing because the ideas are weak.

It is disappearing because platforms reward speed, outrage, and algorithmic visibility over thoughtful analysis.

More than 100,000 people read Z every month, free of paywalls, ads, and billionaire owners. It takes fewer than 1 in 100 of them to fund all of it: 1,000 donors who keep Z independent, for everyone, and build what comes next.

Number of donors685
Our goal1,000

Sustainers at $9/month or more receive the digital Z Magazine.

Subscribe

Join the Z Community – receive event invites, announcements, a Weekly Digest, and opportunities to engage.

Exit mobile version