4M4Life.com

German billionare kills himself over finance crisis

Offline Wesker

  • *
  • 7758
  • 9
  • Veronica Hates Me
    • Marv The Zombie
German billionare kills himself over finance crisis
« on: January 06, 2009, 09:16:17 PM »
Quote from: The Last Ronin
http://money.aol.com/news/articles/_a/bbdp/billionaire-kills-self-over-financial/295426

Quote
BERLIN (Jan. 6) - German billionaire Adolf Merckle has committed suicide after his business empire, which included interests ranging from pharmaceuticals to cement, ran into trouble in the global financial crisis, his family said Tuesday.

The 74-year-old's body was found Monday night near railway tracks at Blaubeuren in southwestern Germany, prosecutors in nearby Ulm said in a statement. They described the death as a "railway accident" and said there was no evidence that anyone else was to blame.

His family, which had reported Merckle missing after he failed to return home Monday, issued a brief statement saying he took his own life.

"Adolf Merckle lived and worked for his family and his firms," it said.

"The distress to his firms caused by the financial crisis and the related uncertainties of recent weeks, along with the helplessness of no longer being able to act, broke the passionate family businessman, and he ended his life," it said.

Merckle's business interests included generic drug maker Ratiopharm International GmbH and cement maker HeidelbergCement AG.

His holding company, VEM Vermoegensverwaltung, recently had been in talks with banks to secure credit after its business interests ran up high levels of debt, and also lost value amid the global financial crisis.

In addition, the holding company recently said it had suffered heavy losses on shares of automaker Volkswagen AG, which fluctuated wildly last fall as fellow car maker Porsche SE moved to increase its stake in the company.

Merckle helped turn his grandfather's chemical wholesale company into one of Germany's biggest pharmaceutical wholesalers, Phoenix Pharmahandel, in which he held a 57 percent stake.

He used his wealth, estimated by Forbes last year to be $9.2 billion, to take stakes in HeidelbergCement and Ratiopharm.

Merckle also owned stakes in companies that made a wide array of goods from all-terrain vehicles, software to textiles.

Despite his wealth and prominence in corporate Germany, Merckle mostly avoided publicity.

He is survived by his four children.

I dunno 'bout you guys, but I find this pretty crazy--I also feel bad for his family as well. Reminds me of the pre-climax in the Wesley Snipes/Sean Connery flick "Rising Sun."
Awesome Points: 585


http://wesker.flashcartoons.org

-------------------------------------------
********(¨`·.·´¨).I.(¨`·.·´¨)********
****(`·.·´`·. ¸.·;Love`·.¸.·´`·.·´)*****
*****`·.¸.·´*Minor Threat*`·¸.´*****
*******`·.¸(¨`Forever·´¨)..·´*******
**************`·.¸.·´************

Offline black death

  • *
  • 12921
  • -1
Re: German billionare kills himself over finance crisis
« Reply #1 on: January 06, 2009, 09:28:44 PM »
you made one to many quotes.

also i have no idea why the man commited suiside. he is still rich and would have been until he died of natural causes.
Awesome points: 100
[refle]http://img142.imageshack.us/img142/2449/sig1kq3.png[/refle]

Cewt Addy Bunny 6:08 pm
    o.o
    you could whore yourself out

_███_
(ಠ_ృ)

Offline Tomp45

  • *
  • 2861
  • 2
Re: German billionare kills himself over finance crisis
« Reply #2 on: January 06, 2009, 09:36:41 PM »
It could have been a accident.

OR MURDER!!!

OR INVOLUNTARY MANSLAUGHTER!!!!one!!1!1!1!!!111
-------------------------------------------
********(¨`·.·´¨).I.(¨`·.·´¨)* *********
****(`·.·´`·. ¸.·;Love`·.¸.·´`·.·´)*****
*****`·.¸.·´*        Pie      *`·¸.´******
*******`·.¸(¨`· Forever·´¨)..·´********
**************`·.¸.·´********* ******

Offline black death

  • *
  • 12921
  • -1
Re: German billionare kills himself over finance crisis
« Reply #3 on: January 06, 2009, 10:02:26 PM »
FAMILY KILLED HIM FOR HIS MONEY.
Awesome points: 100
[refle]http://img142.imageshack.us/img142/2449/sig1kq3.png[/refle]

Cewt Addy Bunny 6:08 pm
    o.o
    you could whore yourself out

_███_
(ಠ_ృ)

Re: German billionare kills himself over finance crisis
« Reply #4 on: January 06, 2009, 10:22:21 PM »
no doubt nobody is that carzy to work themselves up to be a billionaire to kill themselves when the world is have some issues. The family probably had something to with it.

diese problem ist nicht gut fuer die familie.
Meager retentions as your heart weep…. I cry for my heart bleeds with every tear you shed and every hardship that you encounter. My blood is of the martyr and of him his myrmidon leads us to victory…………..

Offline black death

  • *
  • 12921
  • -1
Re: German billionare kills himself over finance crisis
« Reply #5 on: January 06, 2009, 10:27:27 PM »
SPEAK ENGLISH YOU MEXICAN.
Awesome points: 100
[refle]http://img142.imageshack.us/img142/2449/sig1kq3.png[/refle]

Cewt Addy Bunny 6:08 pm
    o.o
    you could whore yourself out

_███_
(ಠ_ృ)

Offline Tomp45

  • *
  • 2861
  • 2
Re: German billionare kills himself over finance crisis
« Reply #6 on: January 06, 2009, 11:14:12 PM »
Lol billionaire got owned by train, he had buff but train is lvl50 hes was only lvl25.
-------------------------------------------
********(¨`·.·´¨).I.(¨`·.·´¨)* *********
****(`·.·´`·. ¸.·;Love`·.¸.·´`·.·´)*****
*****`·.¸.·´*        Pie      *`·¸.´******
*******`·.¸(¨`· Forever·´¨)..·´********
**************`·.¸.·´********* ******

Offline ShinamoriAoshi

  • *****
  • 17096
  • -1
  • The Original Pervert
Re: German billionare kills himself over finance crisis
« Reply #7 on: January 06, 2009, 11:21:13 PM »
I laughed, a lot. [athf]
Awesome Points: 155
Shin's the perverted hero, he wouldnt stoop to that level.

omegadoomslayer (7:36:13 PM): You, Pryce and Whales are the Trio of Terrible

Cewt Addy Bunny (3:38:58 PM): You are a ­di­­ck.
frashprince55 (3:39:12 PM): Why thank you.

Offline Tomp45

  • *
  • 2861
  • 2
Re: German billionare kills himself over finance crisis
« Reply #8 on: January 06, 2009, 11:23:56 PM »
Train = Pro

Billionaire = Nub
-------------------------------------------
********(¨`·.·´¨).I.(¨`·.·´¨)* *********
****(`·.·´`·. ¸.·;Love`·.¸.·´`·.·´)*****
*****`·.¸.·´*        Pie      *`·¸.´******
*******`·.¸(¨`· Forever·´¨)..·´********
**************`·.¸.·´********* ******

Offline ShinamoriAoshi

  • *****
  • 17096
  • -1
  • The Original Pervert
Re: German billionare kills himself over finance crisis
« Reply #9 on: January 06, 2009, 11:35:59 PM »
Train = Pro

Billionaire = Nub

I loled even more.
Awesome Points: 155
Shin's the perverted hero, he wouldnt stoop to that level.

omegadoomslayer (7:36:13 PM): You, Pryce and Whales are the Trio of Terrible

Cewt Addy Bunny (3:38:58 PM): You are a ­di­­ck.
frashprince55 (3:39:12 PM): Why thank you.

Offline Tomp45

  • *
  • 2861
  • 2
Re: German billionare kills himself over finance crisis
« Reply #10 on: January 06, 2009, 11:42:52 PM »
Train has steel mace with 4 enchants.

Billionaire has wood sword.
-------------------------------------------
********(¨`·.·´¨).I.(¨`·.·´¨)* *********
****(`·.·´`·. ¸.·;Love`·.¸.·´`·.·´)*****
*****`·.¸.·´*        Pie      *`·¸.´******
*******`·.¸(¨`· Forever·´¨)..·´********
**************`·.¸.·´********* ******

Offline Flashwerewolf

  • SPIDERWOLF AP: 620
  • *
  • 42318
  • 7
    • 4M4Life
Re: German billionare kills himself over finance crisis
« Reply #11 on: January 07, 2009, 12:15:35 AM »
Was it he, or some other dude who was investigating the Madoff scandal? some dude investigating the new scandal committed suicide as well.

Also, the dude was pretty old and i wonder if he had medical issues...

[kata]

Offline tkoold

  • *
  • 11928
  • 69
  • The Kool Dude
    • Ranma 1/2 Fans
Re: German billionare kills himself over finance crisis
« Reply #12 on: January 07, 2009, 12:16:10 AM »
yeah people are stupid with money, its always bad when money drives your emotions, my advice, be like me buy 1000's of DVD's earn tons of debt and have no fear.

Offline black death

  • *
  • 12921
  • -1
Re: German billionare kills himself over finance crisis
« Reply #13 on: January 07, 2009, 01:23:50 AM »
no thanks tkoold.
Awesome points: 100
[refle]http://img142.imageshack.us/img142/2449/sig1kq3.png[/refle]

Cewt Addy Bunny 6:08 pm
    o.o
    you could whore yourself out

_███_
(ಠ_ృ)

Re: German billionare kills himself over finance crisis
« Reply #14 on: January 07, 2009, 05:33:42 PM »
SPEAK ENGLISH YOU MEXICAN.

Lol yes I spreche si deutsch.
Meager retentions as your heart weep…. I cry for my heart bleeds with every tear you shed and every hardship that you encounter. My blood is of the martyr and of him his myrmidon leads us to victory…………..

Offline black death

  • *
  • 12921
  • -1
Re: German billionare kills himself over finance crisis
« Reply #15 on: January 07, 2009, 05:39:36 PM »
Damn you and your spanish.
Awesome points: 100
[refle]http://img142.imageshack.us/img142/2449/sig1kq3.png[/refle]

Cewt Addy Bunny 6:08 pm
    o.o
    you could whore yourself out

_███_
(ಠ_ృ)

Offline Tomp45

  • *
  • 2861
  • 2
Re: German billionare kills himself over finance crisis
« Reply #16 on: January 07, 2009, 08:26:45 PM »
Money is evil.
-------------------------------------------
********(¨`·.·´¨).I.(¨`·.·´¨)* *********
****(`·.·´`·. ¸.·;Love`·.¸.·´`·.·´)*****
*****`·.¸.·´*        Pie      *`·¸.´******
*******`·.¸(¨`· Forever·´¨)..·´********
**************`·.¸.·´********* ******

Offline black death

  • *
  • 12921
  • -1
Re: German billionare kills himself over finance crisis
« Reply #17 on: January 07, 2009, 08:48:42 PM »
I hate it when people say that. Money is a very good thing, it's just how people misuse it that is bad. There would be no technology nor medical advances and other things that we have today if there was no money.
Awesome points: 100
[refle]http://img142.imageshack.us/img142/2449/sig1kq3.png[/refle]

Cewt Addy Bunny 6:08 pm
    o.o
    you could whore yourself out

_███_
(ಠ_ృ)

Re: German billionare kills himself over finance crisis
« Reply #18 on: January 07, 2009, 10:41:12 PM »
I agree the only individuals that really tend to misuse money are the people that misused the system to get their money. The ones that work dor their fair stake are usually people that command respect.
Meager retentions as your heart weep…. I cry for my heart bleeds with every tear you shed and every hardship that you encounter. My blood is of the martyr and of him his myrmidon leads us to victory…………..

Offline black death

  • *
  • 12921
  • -1
Re: German billionare kills himself over finance crisis
« Reply #19 on: January 07, 2009, 11:10:39 PM »
I agree. It's not money, it's the people.
Awesome points: 100
[refle]http://img142.imageshack.us/img142/2449/sig1kq3.png[/refle]

Cewt Addy Bunny 6:08 pm
    o.o
    you could whore yourself out

_███_
(ಠ_ృ)