James S. McDonald, president and chief executive of investment management firm Rockefeller & Co., died of an apparently self-inflicted gunshot wound, investigators say. Share Print Email Add a comment (AP) - Massachusetts investigators say James S. McDonald, president and chief executive of investment management firm Rockefeller & Co., has died of an apparently self-inflicted gunshot... [more]
James S. McDonald, president and chief executive of investment management firm Rockefeller & Co., died of an apparently self-inflicted gunshot wound, investigators say.
Share Print Email Add a comment (AP) - Massachusetts investigators say James S. McDonald, president and chief executive of investment management firm Rockefeller & Co., has died of an apparently self-inflicted gunshot wound.
A spokesman for the Bristol district attorney's office says the 56-year-old Mr. McDonald was found in his vehicle at about 3 p.m. Sunday behind a car dealership in Dartmouth.
The spokesman, Gregg Miliote, says it appears Mr. McDonald shot himself, but the death is still under investigation.
Mr. McDonald had been president and CEO of the New York investment manager since 2001. The company was started in 1882 by John D. Rockefeller to manage the family's assets.
Mr. McDonald, a New York City resident, was also on the boards of NYSE Euronext and CIT International.
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Response by manhattanfox
over 16 years ago
Posts: 1275
Member since: Sep 2007
very sad.
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Response by 30yrs_RE_20_in_REO
over 16 years ago
Posts: 9877
Member since: Mar 2009
I know it's morbid, but what, if any, is the Madoff factor here?
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Response by LuchiasDream
over 16 years ago
Posts: 311
Member since: Apr 2009
so sad
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Response by modern
over 16 years ago
Posts: 887
Member since: Sep 2007
Most likely another UBS offshore tax fraud victim. Maybe about to be nailed for offshore tax evasion, like this guy, who also killed himself:
Plaie d'argent n'est point mortelle.
What a sad ending, to kill yourself because of money. A tragedy.
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Response by w67thstreet
over 16 years ago
Posts: 9003
Member since: Dec 2008
sorry.. look away if you are easily offended....
is his apt for sale?
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Response by 30yrs_RE_20_in_REO
over 16 years ago
Posts: 9877
Member since: Mar 2009
"What a sad ending, to kill yourself because of money"
I'm pretty sure it's the leading cause of divorce (finances), and "depression" is the leading cause of suicide, but based on the impact some of the financial craters have caused in some people's lives, it isn't much of a stretch to see how a huge collapse in one's finances could domino.
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Response by aboutready
over 16 years ago
Posts: 16354
Member since: Oct 2007
i don't think you can discount, also, the possibility of disgrace and imprisonment. anxiety and depression can become overwhelming under certain circumstances in a very short time period.
CIT? wonder what's going to come out there.
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Response by kylewest
over 16 years ago
Posts: 4455
Member since: Aug 2007
W67thstreet: you are disgusting and a horrible human for even joking about such a thing! That said, if you find the apt, can you post a link to the floor plan, please?
This site is sick. But notwithstanding it took 12 minutes for someone to answer my request for the floor plan, that layout is NICE! Only lacking a terrace to make it perfect. Still, very nice.
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Response by 30yrs_RE_20_in_REO
over 16 years ago
Posts: 9877
Member since: Mar 2009
I dunno: MBR right of DR and kitchen?
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Response by kylewest
over 16 years ago
Posts: 4455
Member since: Aug 2007
Oh, 30yrs, you're so picky! Guess I got excited at prospect of enough rooms to finally have a gift-wrapping room and another to hold just luggage and camera bags. Now that you mention it, yeah, no little corridor to master bdrm isn't ideal. And park views only from the living room and dining room is sad. Guess I'll call the agent and retract my bid.
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Response by NWT
over 16 years ago
Posts: 6643
Member since: Sep 2008
In the original plan, the arrangement of closets between gallery and bedrooms was different. MBR reached through gallery, into little vestibule. That DR vestibule led to pantry on left and shallow closet on the right.
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Response by maly
over 16 years ago
Posts: 1377
Member since: Jan 2009
I guess when one person's entire social identity and self-worth are defined by the money they have, it's a bigger blow. Still, though, what a terrible loss to his family.
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Response by falcogold1
over 16 years ago
Posts: 4159
Member since: Sep 2008
Shit....
This is third funeral I have to go to this month!
As you know.....I'm not a morning person...
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Response by drdrd
over 16 years ago
Posts: 1905
Member since: Apr 2007
The park view is lovely, of course, but I'm not too excited about the floorplan. They've had the place on the market all year & have reduced the price by over a mil & still it sits; that'd be a downer. A very sad story, indeed.
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Response by glamma
over 16 years ago
Posts: 830
Member since: Jun 2009
you guys are.... awesome.
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Response by nyc10023
over 16 years ago
Posts: 7614
Member since: Nov 2008
NWT: are you or were you a real estate agent?
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Response by nyc10023
over 16 years ago
Posts: 7614
Member since: Nov 2008
Nice pad, I just don't have the 10X liquid or references req'd to get pass the board.
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Response by NWT
over 16 years ago
Posts: 6643
Member since: Sep 2008
"Are you or have you ever been..."
No, I lack the people skills, entrepreneurial spirit, good teeth, etc.
I just like floor plans and being nosey.
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Response by drdrd
over 16 years ago
Posts: 1905
Member since: Apr 2007
Glamma, you're sweet ....... and oh, so right ! ;-)
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Response by 30yrs_RE_20_in_REO
over 16 years ago
Posts: 9877
Member since: Mar 2009
"In the original plan, the arrangement of closets between gallery and bedrooms was different. MBR reached through gallery, into little vestibule. That DR vestibule led to pantry on left and shallow closet on the right."
I sure belive that: I don't think an architect for a "top" building would have designed the flaws I pointed out. Candella would have had a heart attack over it.
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Response by falcogold1
over 16 years ago
Posts: 4159
Member since: Sep 2008
Does it say were or how he passed?
Let's say he took the big dirt nap at home...could effect the sale price don't you think?
Let's say he died via auto-asphyxiation while polishing the bishop...this might increase the value of the apartment if you believe lightning never strikes twice in the same place.
Way to take one for the team.
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Response by drdrd
over 16 years ago
Posts: 1905
Member since: Apr 2007
He was found shot in an automobile, out of town, so at least that won't jinx the sale.
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Response by nopigsorshrimp
over 16 years ago
Posts: 398
Member since: Jan 2009
w67thstreet
1 day ago
ignore this person
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sorry.. look away if you are easily offended....
is his apt for sale?
doggie, what did you think was the offensive part? Asking about a dead person's apartment? Or asking about buying anything?
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Response by NYCMatt
over 16 years ago
Posts: 7523
Member since: May 2009
Well, let's see.
While McDonald was one of the directors of CIT Group, he sat by and watched the company’s share price fall 98%, and as S&P cut their debt rating 7 levels below investment grade.
From Fox Business News: "The company teetered toward failure in early July and was denied further government assistance beyond the $2.3 billion it received as part of the Treasury's Troubled Asset Relief Program. An emergency $3 billion loan from its bondholders saved the company from a bankruptcy filing, but its future is still uncertain as it attempts to raise cash and restructure some of its debt."
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very sad.
I know it's morbid, but what, if any, is the Madoff factor here?
so sad
Most likely another UBS offshore tax fraud victim. Maybe about to be nailed for offshore tax evasion, like this guy, who also killed himself:
Suicide Victim May Have Hidden Millions Abroad
http://www.nytimes.com/2009/09/16/business/16suicide.html
Plaie d'argent n'est point mortelle.
What a sad ending, to kill yourself because of money. A tragedy.
sorry.. look away if you are easily offended....
is his apt for sale?
"What a sad ending, to kill yourself because of money"
I'm pretty sure it's the leading cause of divorce (finances), and "depression" is the leading cause of suicide, but based on the impact some of the financial craters have caused in some people's lives, it isn't much of a stretch to see how a huge collapse in one's finances could domino.
i don't think you can discount, also, the possibility of disgrace and imprisonment. anxiety and depression can become overwhelming under certain circumstances in a very short time period.
CIT? wonder what's going to come out there.
W67thstreet: you are disgusting and a horrible human for even joking about such a thing! That said, if you find the apt, can you post a link to the floor plan, please?
It was already on the market: http://www.streeteasy.com/nyc/sale/415538-coop-1170-fifth-avenue-carnegie-hill-new-york
This site is sick. But notwithstanding it took 12 minutes for someone to answer my request for the floor plan, that layout is NICE! Only lacking a terrace to make it perfect. Still, very nice.
I dunno: MBR right of DR and kitchen?
Oh, 30yrs, you're so picky! Guess I got excited at prospect of enough rooms to finally have a gift-wrapping room and another to hold just luggage and camera bags. Now that you mention it, yeah, no little corridor to master bdrm isn't ideal. And park views only from the living room and dining room is sad. Guess I'll call the agent and retract my bid.
In the original plan, the arrangement of closets between gallery and bedrooms was different. MBR reached through gallery, into little vestibule. That DR vestibule led to pantry on left and shallow closet on the right.
I guess when one person's entire social identity and self-worth are defined by the money they have, it's a bigger blow. Still, though, what a terrible loss to his family.
Shit....
This is third funeral I have to go to this month!
As you know.....I'm not a morning person...
The park view is lovely, of course, but I'm not too excited about the floorplan. They've had the place on the market all year & have reduced the price by over a mil & still it sits; that'd be a downer. A very sad story, indeed.
you guys are.... awesome.
NWT: are you or were you a real estate agent?
Nice pad, I just don't have the 10X liquid or references req'd to get pass the board.
"Are you or have you ever been..."
No, I lack the people skills, entrepreneurial spirit, good teeth, etc.
I just like floor plans and being nosey.
Glamma, you're sweet ....... and oh, so right ! ;-)
"In the original plan, the arrangement of closets between gallery and bedrooms was different. MBR reached through gallery, into little vestibule. That DR vestibule led to pantry on left and shallow closet on the right."
I sure belive that: I don't think an architect for a "top" building would have designed the flaws I pointed out. Candella would have had a heart attack over it.
Does it say were or how he passed?
Let's say he took the big dirt nap at home...could effect the sale price don't you think?
Let's say he died via auto-asphyxiation while polishing the bishop...this might increase the value of the apartment if you believe lightning never strikes twice in the same place.
Way to take one for the team.
He was found shot in an automobile, out of town, so at least that won't jinx the sale.
w67thstreet
1 day ago
ignore this person
report abuse
sorry.. look away if you are easily offended....
is his apt for sale?
doggie, what did you think was the offensive part? Asking about a dead person's apartment? Or asking about buying anything?
Well, let's see.
While McDonald was one of the directors of CIT Group, he sat by and watched the company’s share price fall 98%, and as S&P cut their debt rating 7 levels below investment grade.
From Fox Business News: "The company teetered toward failure in early July and was denied further government assistance beyond the $2.3 billion it received as part of the Treasury's Troubled Asset Relief Program. An emergency $3 billion loan from its bondholders saved the company from a bankruptcy filing, but its future is still uncertain as it attempts to raise cash and restructure some of its debt."