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Strategies & Market Trends : The Economy Made Me Do It.

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From: Smiling Bob1/6/2009 10:14:36 AM
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German Billionaire Merckle's Death Viewed As A Suicide

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January 6, 2009 10:07 AM EST

The death of German billionaire Adolf Merckle is being viewed as a suicide, according to reports.

Merckle was hit by a train near his home in Blaubeurne yesterday evening.

Merckle could be latest victim of the global credit crisis. Merckle made a bad bet on Volkswagen AG. In addition, the value of his HeidelbergCement AG stock has deteriorated. Merckle was recently in negotiations with banks for a bridge loan to rescue his investment company VEM Vermoegensverwaltung GmbH
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