Full PFG CEO Suicide Note

Tyler Durden's picture

"I have committed fraud. For this I feel constant and intense guilt...


The forgeries started nearly twenty years ago...


Should I go out of business or cheat...


I guess my ego was too big to admit failure..."


CEO Suicide note details:


Full Affidavit here:

PGF Affidavit

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HungrySeagull's picture

There was one in Houston... whew. Many years ago and remember it well. She and I should have stayed the night.

As far as my own deaths I don't worry about those and count the dozens of lives saved including my own. I think that I lost a few and suppose it was their time. Kinda hard to keep someone up when 5 gallons of blood is on the pavement.

As far as the screw ups of others... well... Usually you dont see them again. Ever.

Red Heeler's picture

Beth was from Houston. I wonder . . . .

prole's picture

Am I the only one?? Hungry Seagull's comment scared the shiite out of me.....

HungrySeagull's picture

No worries. It is far better to have had someone to love as loved you for a brief time than never to have loved at all.

Regarding the deaths, Trucking had placed me into situations where if I fucked up someone dies and I will be sitting in some podnuck jail for manslaughter times how many counts in the car.

Sir Issac Newton is a hard bastard when you are wrestling with 40 ton and 12 seconds to impact.

It's ok to be scared shitless, it's NOT okay to cease functioning and making decisions/executing them.

That is one of the reasons I hung it up. I saw a kid get inside me (On the right side of trailer) and a S curved Ramp above Dallas one night with concrete wall ahead curving back over to the right...

I gave that goddamn car a extra foot knowing I was on the left side barriers dozens of feet above the fucking city.

He took it, punched it and popped out in front and gave me a middle finger.

3 miles later I pulled into my Company and got on the next plane home.

It was not the situation that got me, but being effed for saving two lives.... that really enraged me.

Never make a heavy equipment operator angry. You would have a right to be scared then.

razorthin's picture

He even cheats with a fake, failed suicide.  Sorry mister, Karmic debt not paid.

Apocalicious's picture

Yet, sadly, less incompetent than the incompetent regulators that failed to catch him. For 20 years. Maybe if they had only required more documents for him to forge they would have uncovered this sooner and saved us all...

Bollixed's picture

So the question remains, are there really any legit guys that went from their basement to their yachts using other people's money without the leverage of a thief?

El Oregonian's picture

Actually, the note simply said: "Jamie wants his money".

Buck Johnson's picture

It should be obvious to everybody here, the bubble is breaking in everything.  The only time these guys fail and get caught in there schemes is when the market or economy is going down the tubes.  The depressions (and the one we are in right now) 1987, Dot com implosion etc..  As one big financial commentator said on CNBC a few year ago, wait until the tide goes out and you will see who have swimsuits on.  A good economy enables all the scammers to better hide their ponzi's but when a bad one comes it shows all their issues.

JOYFUL's picture

Yu are, of course, supposing that he indeed wished to kill himself, rather than make a pathetic effort to glean some sympathy and imitate contrition....

but in this shadowland of simulated reality, most particularly in this shadow-puppet theatre of ekonmoronic shell-gaming NOTHING, nothing at all be what it seems,

and therefore there is no intent that can be supposed devoid of simulation.

Likewise, the presence of full on fraud, larceny, theft, etc. etc., at the center of this kabuki-eKONonic engine call Euromerika[the hollowed-out similucra of the former western lands] is, contrary to the hopes and suppositions of the Mises faction, the FULL FLOWERING of KAPITALISM: not it's KORruption, as seems to be the default assumption amongst them = we are at

the alpha and omega of the "unregulated marketplace"...where the minions of the S|TA|TE have no bizness intruding, be cause the hearts and minds of so-called free marketers will always be free of avarice, lust of power, and the need to pull "shitty deals" as a way of proving themselve knights of the temple -

Fictions all. This is it, ladies and gentlemen...8 months of witnessing the total rape n pillage of every available public orifice...and we're still supposed to believe that 'a return to sound money" WILL MAKE EVERYTHING ALRIGHT?!?!?...

THIS JUST IN! a USURIOUS BANKING SYSTEM, OWNED BY THUGS IN BESPOKE SUITS IS KAPITALISM AS IT WAS DESIGNED TO BE ...a vulture picking at the bones of the peeple...till we overthrown the tables of the moneychangers and send them all packing back to the fiery  depths from which they sprung.

http://umarvadillo.wordpress.com/ OHH OHH!!!!!!!!!!!!!!

Dimon - Get Bronfman on the line -now....


We got a problem. It's the fringe blog again. This time they've gone too far!

How far?

They're talkin about islamic banking!

Get the big guns on it.

Full Press?

Full. You know we can't have that shit!


prole's picture

Um .. No. It can't be Captitalism when political favorites and insiders can call the guy with the printing press and hit the reset button on his failed company.

That is mercantilism at best, creating monopolies and granting  political favors as insider deals to divvy up the loot (taxpayer blood) More like pure Socialism IMO.

Call it Mercantile_marxist fusion Communism.

bigdumbnugly's picture

that note should be photocopied and submitted by a whole lotta ceo's.

(inserting particulars as necessary).

toady's picture

I'll go further and say ANYBODY who participates in these fraudulent markets, and they are ALL fraudulent, needs to read that aloud while looking in a mirror. If they do not immediately pull all their funds out of the market, well, they are no better then this guy.

smiler03's picture

Why look in a mirror? They have no reflection ;O)

hugovanderbubble's picture


q99x2's picture

Nationalized. I know what that is. That's when the poor people and not so poor people are forced to pay the crimminals by their bribed politicians. Like Obama and various terrorist senators..

Apocalicious's picture

Crimminals? I know what that is. That's like when criminal law meets immigration law, right? ;)

bob_dabolina's picture

His id was too big, not ego.

bigdumbnugly's picture

actually, rereading that note it doesn't sound like what i would think would be a suicide note would sound like.   it looks it is trying to cover a lot of asses while sacrificinmg his own for whatever reason one can only speculate.

azzhatter's picture

attempt at getting sympathy

NotApplicable's picture

Better yet, it isn't even "the note" but a rewrite by an FBI agent.

Now, why isn't the entire note part of the affidavit? Especially if it's signed?

This story is every bit as believable as Obummer's shopped BC.

schoolsout's picture

There was even a typo in it where "nearing" was used instead of "nearly"


Typed up on an iPad?

LetThemEatRand's picture

This might shed some light.  His son is the President and COO of the company.

El Oregonian's picture

I'm sure that "Suicide" note passed through several interested hands involved in the situation, before the final version was submitted, then released...

KTV Escort's picture

...passed through several attorney's hands involved in the situation...

Rossalgondamer's picture

"You must comprehend there was no way out, I.E. 'exit strategy,' for me other than the one I have chosen here."

-Deborah Jeane Palfrey

Widowmaker's picture

There will be no common sense here, only bailouts for having none.


T. Geithner

Soda Popinski's picture

When will Blythe Masters follow suit?  That's what I want to know.

El Oregonian's picture

Are you kidding? She probably supplied the means...

Shizzmoney's picture

You know a guy fails at life when he can't even do suicide right.

smiler03's picture

26 people survived jumping off the Golden Gate. Pussies. /s

LawsofPhysics's picture

Riiiigggghhht.  This wasn't a set-up. < sarc off >  Now we get to find out who is really in the club.

Long-John-Silver's picture

Nothing is safe except physical Gold and Silver held in your personal possession.

fuu's picture

A bullet in the head would have worked and saved us the cost of prosecuting your failed ass.

veyron's picture

Do we really want him to die on his terms?  

fuu's picture

Instead of paying to prosecute and incarcerate him? Yes. I could be alone in that though.

youngman's picture

He was a pretty boy..he would never have shot himself..all the blood and brains messing up his clean starched shirt...no no no..he wanted to look good in the casket