Tuesday, June 10, 2008

Bayou's Last Bow?

Remember Sam Israel and Bayou, the miraculous hedge funds that never seemed to have a bad quarter? (See Mr. Barnum, meet the hedge funders.)

Yesterday Sam was due to report to a Massachusetts prison and serve a 20-year term for fraud. He didn't show. His car was found, abandoned, on the Bear Mountain Bridge. Scrawled in the dust on the windshield was the phrase, "suicide is painless."

End of the Bayou story? Maybe. Nobody saw Sam jump off the bridge; his body has not been found in the river below. Could the miracle worker have had one last illusion up his sleeve?

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