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Murderous Son, Who Killed His Hedge Fund Father Over $200 Allowance, Was A Princeton Economist Grad
The most bizarre story from the past weekend was the shocking murder of Tom Gilbert, 70, founder of the Wainscott biotech-focused hedge fund, who was shot dead in his Sutton Place apartment on Sunday Afternoon: shocking because the alleged shooter was none other than his Millennial, hence unemployed, 30-year-old son. What was certainly unclear at the time was what would be the motivation of a son to kill his successful and wealthy father, especially in such dramatic cold blood.
We now know not only the motivation, thanks to AP:
The son of a millionaire Manhattan hedge fund founder who allegedly gunned down his dad over his allowance has been arraigned on a second-degree murder charge, authorities said.
A law enforcement source told the New York Post that Thomas Gilbert Jr. had just been told by his father that he would only receive $400 for spending money per month from that point on in addition to $2,400 per month for rent. The younger Gilbert had previously received $600 per month.
"She [Mrs. Gilbert] found Senior on the floor with a bullet hole in the head," said Boyce. "She also found a gun resting on his chest with his left hand covering it."
... but also the alleged psychopath's background:
Gilbert Jr. attended Princeton, graduating in 2009 with a degree in economics. Authorities said he had no recent work history.
...
Gilbert Jr. has a pending criminal case in the town of Southampton, on eastern Long Island.
Gilbert Jr., who has an address in the hamlet of Wainscott, was arrested Sept. 18 on a charge of criminal contempt. Southampton town police say he violated an order of protection issued in Brooklyn in June. Police say he confronted a man named Peter N. Smith at Sagg Main Beach in Sagaponack on Sept. 1.
He has pleaded not guilty and has a Feb. 2 court date scheduled.
Still, remember: when dealing with murderous psychopathic Princeton economists, correlation is not always causation.
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Are we missing any trolls at Hedge?
Now if only jamie dimon would cut his daughter's allowance....
His daughter is too bubbly and naieve to do something like this. Unless he has another evil daughter...
Jamie's security probably even frisk his family members before they get within 50 feet of the man - there's a reason why he's still breathing.
Hmmm...Any of those Security Guys have sons or daughters with Gambling or Drug Problems?
If the Security Guys are loyal then, perhaps if the target is their kids, the security guys can be persuaded to turn...
Just reporting it...Not necessarily supporting it. But not necessarily rejecting it either.
dimon would never do anything to his daughter to make her feel unentitled, he won't be greedy with the sheeps money to his own family, so much of it to go around and all, and it just keeps coming and coming and coming
I mean I know Owen Wilson movies suck but was he really so short on cash he had to kill somebody?
Gilbert Jr: go directly to jail, do not pass go, do not collect $200.
Then, in true Monopoly fashion, he has rolled his three doubles in a row (power, privelege, wealth), and he will be back on the board in no time!
I always liked hung by the neck until dead, personally. It saves everybody a lot of time and money; and you can tell me it doesn't have any deterrent effect; but I'm not listening.
Imagine how much more damage he could have done if he'd actually worked as an economist.
Maybe he was just trying to stimulate the economy, create some jobs by burning down some houses, consume some goods with counterfeit money, unlock some of the wealth his father was hording and get it circulating in the economy. The greater good for the greater number of people!
Rational-minded American consumer zombie.
"Dad, how the fuck am I supposed to buy my bath salts and slap bracelets?!?!"
And the nomination for poster child for Millenial of the Year Award goes to ...
Says it all, well, a bit redacted....
Gilbert Jr. attended Princeton, graduating in 2009 with a degree in economics, having studied under the Nobel Prize Winning Economist Paul Krugman, who described "Jr." as "The smartest guy in the room, particularly suited to doing God's works.", never worked a day in his spoiled rotten self-centered Progressive life. Upon his attest, Jr. was overheard saying to the booking officer and attending homicide detective, "Fuck's the matter? Every day is Sunday for me so I shouldn't have to work, assholes."
30 year old still living off his parents says it all.....and no job....
I know a few people who qualified to go to top end schools. None of them were slackers and all of them worked their asses off to qualify to be accepted. None of them would have been satisfied to sit around doing nothing and living off of dad. This asshat obviously doesn't fit that description so his father must have bought his way into Princeton, which tells me all I have to know about the fuckers running that joint. This pampered, soon to be professional cocksucker and dick warmer, will wish he inherited some motivation along with that money.
He has a XBox to jack off in front of camera while playing Barbie Horse Adventures: Wild Horse Rescue Beastiality sex version.
/sarc
I agree with you about kids working their ass off to get into schools. I know some as well.
The father was a Princeton grad so the son had an inside track as a legacy applicant. The father was also most likely was a donor to the University. In that sense, you're correct, the father bought his son's way in via donations.
I'm thinking that the causes for patricide probably go a little deeper than its perp being pampered and lazy. Unless Sonny Boy is a paranoid schizophrenic who is hallucinating and doesn't know right from wrong, I'd guess that Daddy Dear has inflicted some kind of chronic heavy-duty abuse on the poor fucker going way back.
The fact that he paid his way through Princeton means nothing. Money in general means nothing. The rage was against the abuse.
I'm not making an excuse for the fucker, BTW. A lot of people suffer badly at the hands of their fathers and/or mothers and manage to get over it and do just fine. But this kind of rage goes far deeper than the mere lack of motivation of a rich brat.
>>> The rage was against the abuse.
I know nothing of the facts in this case. As an anecdote though, I have known - well - the son of a NYC CEO and pal of David Rockefeller. There was MAJOR league father-son abuse in the family, and I don't mean sexual... just physical abuse of a small child, and the dis-inheriting of a college student making the "wrong" career choice. Ugly stuff, within a "priveledged" family, living in a "priviledged" NYC neighborhood; I suspect this sort of stuff is reasonably common: after all, even a "good" family life can be difficult at times, and with these people the Big Bucks are always looming in the background.
What about the entire leisure class?
entire leisure class
Eloi
He looks like he'd be a fucking riot at parties, ceteris paribus...
dont drop the soap
Yeah I imagine his ass is gonna see more action than a toilet seat.
"You are gonna feel a little pressure, just try to relax."
pods
I bet he's praying his cell mate, Rufus, is a 'gentle giant' ... very very gentle.
Now Rufus is enterin' to that biddin' war along with Levon and Bubba for dat new fish?
My...oh...my...His Lily White and Tight Princeton Ass will be sold for lots mo' that its worth.
Rufus, Levon and Bubba nevuh figgert out dat dey can share.
Do you really think he will do hard time?
Most probably his lawyers will produce about seventy different and conflicting prescriptions, clearly showing the poor thing isnt responsible for anything.
Generally,only peasants do time.
His old man isn't going to get him off.
liberalism's great....right up until the money runs out.
double post
Liberals are not reproducing, so in 2 or 3 more generations they will not exist. Maybe its the women trying to be men and being unhappy or the men never actually growing up and being boys in mens bodies. Who knows but the simple fact is they are not reproducing so time is on our side.
Even if they were literally dying out -- Hollywood, public schools & universities, and 95% of the media will be right there to brainwash the incoming children to believe in fake, unimportant stuff like the new feminism, transgender rights, 'white privilage', christianity is evil, and all of the other "causes". As a millenial myself whom has seen a lot of people come from conservative familes, most people my age ignore this belief system and go into this sad form of liberalism. Very sad to see.. a lot of these people come from families whose parents worked hard and sacrificed to get where they are.
Liberals are not reproducing?
Yeah...right...
That is why the ranks of AFDC receipients is growing.
Those Liberals practice abstinence. Those Liberals don't fuck those Girls, knock them up, and then leave them. No. That is not happening.
Only conservatives whom have family values are irresponsibly breeding like rabbits.
Yeah. You are right. I must agree.
The liberal-versus-conservative axis is a politico-media shell game only bought into by dupes, stoops, and jackasses.
Plainly, the statist elites want the underclass to breed at the expense of the middle class. In order to restore the social order that has predominated throughout human history, and that dominates most of the world's populations today. That is, a tiny elite ruling a mass of easily-tractable peons, debt slaves, and low brow criminals.
Good enough for Kenya, good enough for the United States.
You must be kidding. You mean...you...you mean to tell me...that...that there is absolutely no difference between the Political Parties?
I...I...I am just so shocked.
I'd have never known that except for your sage counsel and wisdom.
Now reread the original post to which I responded and understand that I employed the same sort of literary device which I have used upon you,
Slay Muppets or kill your Father.
I'm surprised he didn't run for CONgress.
Krugman sees this as bullish.
"Gilbert Jr. attended Princeton, graduating in 2009 with a degree in economics. Authorities said he had no recent work history."
princeton?
economics?
yeah, so? ... why should he "work"?
no doubt one of his professors preached "take on more debt to fund your lifestyle"
Did this guy have his own investments?
If not, that's really fucking weird.
Speaks volumes about the school that spawns Nobel prize winners in that particular specialty?...
Come to think of it...
Can we get this kid to pay a visit to the Alumni that hails from that school that just happens to be a Nobel prize recipient! Whether it's Gilbert's kid or someone else, I see a nail gun in his future!
... someone once said, all people are your relatives; therefore expect only trouble from them ...
... this might be Einstein's theory of relativity ... :)
Daddy's death would actually count as a stat on the government's records because they're white nepotists.
The rest of everyone who was murdered in the US can go fuck themselves because the cops need to drop the numbers on papar and release violent criminals.
(not suggesting violence is okay- our prisons need to grow. Sorry!)
When they start shooting each other it conferms we are in a deflationary event. This does not bode well for the nail gun ,hotub and open window guys and their familys
exactly
stiglitz needs to count his blessings not being made to that panel
Broken Millenial theory...Krug Man!
Excellent, we now have a broken Legion of Doom, BITCHEZ!
Broken children. How profoundly sad.
If we step back and survey modern society, globally in fact, your comment could be the epithet for the planet today. The current sociological framework is destroying us as a species. There are exceptions, but the trend is unmistakable. How profoundly sad indeed.
Broken children without a tree?
A lot of kids today are brought up in institutions, or, for the wealthier, by whatever friends they can find (other brats, tv, social media iFriends). All because women decided work makes free (and men before them). The apple doesn't fall far from the tree, but sometimes it is eaten and shat out far away by a squirrel (government or some other ideological institution).
We are watching Johnny Appleseed, social darwinist version. Raised by sheep in wolves' clothing, and now given SSRIs...
Looks like he did the right thing for some reason other than $200. Could have been a moral issue.
Wow, how bad must this human turd have been at everything to not even get a job in the mailroom from Daddy?
I was thinking the same.
A Princeton Grad-- with no job despite all the contacts he must have had?
He must be one fucking piece of work.
I don't get this. The world's gone to shit yet you're a piece of shit if you don't continue to produce fictitious wealth for the masters of alchemy.
Seems like more than just economy needs a reset.
A Princeton Grad-- with no job despite all the contacts he must have had?
You clearly haven't met any of these people. You can bet he had PLENTY of offers - but all were 'beneath' him. If he had taken any odds are he was booted in no time for failing to meet even minimal standards of performance. He had 'numerous' leaves of absence for Princeton?!? I'll bet he barely got through. Seems like someone whose 'job' was to be seen on the party circuit - nothing more. Clearly Daddy hadd him on a 'minimal' allowance (albeit one more than a hell of a lot of people his age net). Word was porbably out - and his prospects of marrying a meal ticket wer evaporation (Families with serious money don't like to see freeloaders marry in no matter what their pedigree.... he'd have to be fucking royalty with his slacker track record to remain in contention)>>>You can bet he had PLENTY of offers - but all were 'beneath' him.
Bingo!
Another story from the pages of Atlas Shrugged.
Yeah, her heroes were completely unrealistic, but her villains were spot on. Amazingly so.
Sounds like his dad should have cut the spoiled little bitch off long ago. Fucking thrirty years old and his dad pays his rent and give him a stipend.
Cutting the stipend means dad was figuring it out. Too little of a cut, too late. Dad clearly felt guilty that he had fucked the kid up.
The brat will go it alone now...
Dr. E, you are spot on.
What about the car daddy bought for him. Gas, insurance, healthcare, credit card. This zero was probably costing dad +$75K a year.
If only his father had funded his Hedge Fund, none of this would have happened.....
/S
Kid should have skipped out the day they had that Prisoner's Dilemma lecture.
I've read so many different numbers, thought it was $400/week, not month, and cutting off the rent payment as well. Cutting back $100 to $300 per month. Journalism sucks so bad these days. I've read so many different scenarios. I mean did the wife tell it 10 different ways??? None of this matters in the big picture of the story but mother fucker it's fucking annoying.
Fuck you bernanke
Are you saying this is how we will react if they cut off QE, for good?
Wait until the food stamps get cut off.
If you think that this entitlement attititude does not cross all social strata and is not endemic then you had best think again.
They will murder to eat. They certainly will not work. They think that we are even supposed to provide jobs.
No. They are supposed to CREATE JOBS. You make your own path in this world.
(Look at HH's post about the asteroid yesterday, asking the posters to respond about whether or not they'd be willing to kill and steal to eat. Many admitted that. Actually it was a clever post as the asteroid is not the threat. But it exposed many psychopaths. And I just now realized what he was up to...wow.)
If you have anything they will take it from you over your dead body.
The Baby Bust Generation indulged them and failed to raise them. Get ready for it. They are young and strong.
Actually it may turn out that it is fortunate that they lack both knowledge and wisdom.
I guess that someone must have misunderstood the word endemic.
Endemic does not mean epidemic.
Endemic does not mean pandemic.
Hopefully this clarifies my thesis.
It does matter because a very large cut in allowance could make it justifiable :)
You sound like somebody who is interested in the truth.... now that's hilarious. I recommend the blue pill, it makes it easier to deal with this horse shit.
$3k a month wouldn't cover his meth addiction. Surely he could have hired a hitman. These ivy leaguers have zero imagination.
Princeton!? How terrible! One would expect such an awful display from a MIT grad..
hey what do you have against my alum MIT ?
Look, don't overthink it. A club of sociopaths will attract more of the same. Simple as that.
Economist sounds about right. A little slow with the math concerning inheritance vs allowance.
Ben Bernanke's son, a psychiatrist in NY can treat him with drugs and make him go more insane.
White Guilt
Every culture and civilization has a religion which guides it.
Ours is now economics. These are the priests.
An economist with zero experience actually building wealth, or holding a regular job for that matter.
Did I miss something? Could it be that lack of business building experience is actually a *requirement* to become an economist?
I think my buddy Joe the Pizza guy has a better intrinsic understanding of economic fundamentals.
well... his 'ex-girlfriend' was 19 years older (and twice divorced)... methinks he HAD a 'job', a pretty cushy one at that but somehow managed to screw up even that
Just the Dad cutting back on the kids QE.....and see what it did....Yellen should learn from this
Test case for Yellen and WS Banksters.
Think about the cutbacks on the NYC social circuit. Ohhh, the horror...
Lazy fuck. Could have at least got a job as a paid troll.
Tom Gilbert's son went SAMCRO on his ass.
Yeah, but he will wind up like poor Otto with a big black dick up his ass.
The punk didn't do it right. He might have tried kneecapping the old man, then asking for the other 200.
He skipped, "pretty please with sugar on it" altogether.
Or, "that's a nice frontal lobe you have there, it'd be a shame if somethin happened to it."
"He skipped, "pretty please with sugar on it" altogether."
Actually, in his 30 some years he probably tried every angle.
His dad likely made him pay for every gift with a verbal takedown. It got the
ole' man somewhere in the office, but it doesn't work with children.
Dad sewed the wind and reaped the whirlwind.
Truly a modern day GREEK tragedy. Let this be a lesson for Draigi to increase the allowance for all the laggard (Lagarde}soveriegn nations in EU
What a start to 2015. This year is looking great already.
Didn't Jowls eat you and your air mattress?
Take a look at those PMs popping. 'Great year', hope you're right.
How about that Hampton home he supposedly torched?
http://www.dailymail.co.uk/news/article-2897965/Did-private-school-educa...
Just WOW! This is the article the Tylers should post. This 30 year old had a 49 year old girlfriend who says he never got phone calls except from his mother. He went to the gym and did yoga. Guess he just could not relax.
Great find.
Comes under the 'Do as thou Wilt" doctrine governing family relations.
Really, small time compared to some economists. Marx and Milton (from the Chicago school) have caused more deaths than can be counted. And they didn't even own guns. I would think a high falutten school like Princeton would produce economists that can rack up the body count. I'm disappointed.
So he's 30 and he graduated in 2009 from Princeton meaning he was 25ish upon graduation. Did he twiddle his little dick along the way and take 7 or 8 years to make it through college or did it take Daddy that long to finally suck off enough people to get his sorry ass into Princeton? Either way it sounds like he is a little cunt rag that deserves what's coming to him.
Billy Batts style: "I fuck kids like that in the can . . . . . in the ass in the can!"
https://www.youtube.com/watch?v=IeL8EYtbVw0
(towards the end of the scene after Pesci leaves)
C'mon republicans! Cut off those EBT cards and duck.
You mean cut trillions to Wall Street?
"She [Mrs. Gilbert] found Senior on the floor with a bullet hole in the head," said Boyce. "She also found a gun resting on his chest with his left hand covering it."
Kid tried to make it look like suicide. If he'd taken the time to read ZH he would've known to use a nail gun and then toss him out the window. Would've automatically been declared suicide and the kid would be running the hedge fund now.
OK, the kid buys a gun and ammo, takes the gun and shoots the dad. The cops show up at the kids apartment and what do they find? The fucking gun box and ammo that matches the crime scene! This guy is either the dumbest motherfucker walking the planet or he was framed. I don't have an opinion either way. The idiot should get jailed just for being a lazy fuckoff who thinks he should be entitled to a great life with money. Sounds like a complete dickhead, imo.
He was just hungry.
If his mom had a sandwich at the ready instead of having to go out and buy a sandwich for her child, all this death and destruction could have been avoided.
Maybe he needed his own EBT card?
well.... maybe the father was dying and DID commit suicide - in a way that framed huis good for nothing son. Sort of the ultimate way of getting back at him. No inheritance AND sonny gets to experience a very different life in prison.
nah.... Dad would've spent every dime to prolong his own life - no matter what.
Now he will have FREE room and board for life.
Paid for by your and my taxdollar at about the same cost for prison expenses. Daddy should have increased his allowance and saved the taxpayer. As far as convicting Bankers for fraud, I would be happy to pay tax for their internment although clawback of ill gotten gains should cover the cost. So why are we reluctant to prosecute ?
His aim was 180 degress off.
Nah, his aim was fine. He just needed to do himself next.
I was framed!
Seriously, there are several million more reasons to believe he was framed than the 200 reasons alleged by the one other probably suspect.
Good point.
BTW, how'd this "hedge fund" perform? They take the usual 2 and 20? Maybe a disgruntled investor who was locked up and pissed at piss poor performance, maybe the wife, maybe the kid, maybe. Im sure NY's finest will leave no stone unturned to be sure they have the right guy.
Princeton, where economic thought goes to die. This guy just killed one person. If he was directing economic policy, he would have the blood of many more on his hands.
'Only' $200.00.
They won't touch your shoes in The D unless they're worth $300.00+.
I wonder what sort of life insurance policy the hedge fund had on Sr.
Such a sad story. All that time with the kugster. What a waste.
And people ask me why i dont have kids? Jesus fucking christ. Why you have no little parasites? they are soooo cute!! Cute until they suck the vitality out of you and shoot you in the face.
Nice, sunny outlook on life you've got there.
obviously .......he didn't do the math
What a fucking piece of shit.
Evil kid: https://www.youtube.com/watch?v=O5_E1p_jbIw
Good kid: http://www.liveleak.com/view?i=eaf_1417014814
I thought the Mexicans were the enemy...
a murderer and a fraud, if he was Princeton economist he would have printed his own money
But its OK to kill people as long as you have some connection with New York -- the Mayor, the judges, the mob, and the cops all say so...
He looks like Hans from Zoolander.
Surrounded by hardened criminals justice professionals, the life of young Trustfundlander was never as easy as the muppets were led (by hardened criminals justice professionals) to beleive.
Does the death of this hedge fund manager count in the banker death tally?
Insanity can destroy a family better than any other factor.
It's all Bush's fault. Let us blame it on the (un)happiness index - aka the misery index - spike caused by constantly dropping oil price, shall we?
Well, he can now put his education to use: "If I make $.25/hour stamping license plates and a pack of cigs at the prison store costs X dollars..." Looks like Princeton alum donations from Gilbert aren't going to put him in the Golden Circle...And who names a kid, Gilbert anyway?...
"Wainscott". It's a "hamlet". 'Nuf said.
Ever notice how nobody names a hedge fund Ho-Ho-Kus?
Look kid, the rich can get away with many crimes, this may not be one of them.
Expensive lawyers can only do so much.
His father was putting pressure on him to get off his butts and find a job.
Junior didn't like that idea so much.
I also wouldn't take that advice from a hedge-fund father, too. Big chance the father didn't know anything about real work (nevertheless, I don't expect the son to know about it, too).
No longer receiving free money injections. There's some irony here. I just know it.
The son looks like he hangs out under the Santa Cruz pier...maybe it was an online degree?
Well, this about sums up this kid's life now, given his future prospects: http://www.priceisrightlosinghorn.com/
Sounds like dad was trying to make him get some sort of job, as might be expected of a Princeton 30 year old.
Why is it that sociopaths always look like sociopaths?
Most wealthy people are sociopaths.
The children of many weathy people are products of inbreeding.
That boy new how to get it done - one dead banker one banker homeless.
Junior felt justified after taking Professor Krugman's "Resentment of Capitalist Patriarchs in Post Employment America" class.
Sure the kid was distressed. Out of work economics graduate, Princeton, no less. What's the world coming to. Hey, and lookout for those derivatives, they bite.
Staged. Over-acting.
Mameluke! Sonny Corleone's favorite put-down.
Human nature doesn’t change..... Education is hopeless. The most educated people in the world can turn into Aztecs or Nazis just like that.”
that's an insult to aztecs... and maybe even nazis.
I'm thinking dad actually ran a legit investment firm (if any exist) but son wanted seed money for a Corzine-Madoff type investment firm. Dog killer, arsonist, murderer; wonder how many crimes mom and dad took care of in the past especially during his hiatus from Princeton.
What's with the redundancy in the headline?
They're all mentally disturbed
Geez. Hasn't enough digital ink been wasted already on these bankster's amorality
--------------
Murderous Son, Who Killed His Hedge Fund Father Over $200 Allowance, Was A Mentally-Disturbed Princeton Economist GradI have noticed that kids born around 1984 are head cases. My nephews included. I think there must have been a solar flare, or volcano that prevented their pregnant mothers from getting something in their diets, that year they were conceived. Perhaps it was a lack of folic acid in the lettuce?
I have a son that age and 3 younger children. These were the peak entitlement crowd. It has actually gotten slightly better as my youngest are in high school. It was a battle with the oldest because the entire school system and progressive parents were promoting the it's more important to have fun in school than to actually learn anything. Kids were promoted to the next grade without learning anything because it was too traumatic to keep kids back. The Peoples Republic of Massachusetts instituted the MCAS which is standardized testing because the kids weren't learning anything. My kids would come home and say the teachers were griping about teaching for the test and it was limiting their education. I would respond with well at least I know that you know enough to pass this test.
If only someone told him to Google: marry a Rothschild if at all possible.
She was 19 years older and twice divorced... apparently she thought he was good for a regular fuck but not spouse material.
It would've been 'awkward' if he went after someone else in the family 20 or 30 years younger.