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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Dr. Engali's picture

Who the hell writes a note like this and give the prosecuters everything they need on a platter? I call bullshit, it's all staged to give them a scapegoat. Next up is a silly show trial. Go after Corzine and maybe I'll take you seriously.

Al Huxley's picture

Spot on Dr. Engali, made the same comment below before reading your's.

Dr. Engali's picture

I'm sure I'm probably not the first either. What makes me mad is people will believe it.

NotApplicable's picture

Worse, they'll use it as an example of "the system working."

Is it beer-thirty yet?

catacl1sm's picture

sacrificial lamb. Regulators had to come down on someone, so they picked this guy. They probably knew about his scam for a long time and let him keep it up for a time just like now. They tell him to take the fall or his whole family is going down.

smiler03's picture

Surely the best business startup in the US is as a "Conspiracy Consultant", somehow I can't see any other country being so good at it ;O)

And I'm not calling you Shirley.

Shigure's picture

Agreed. It reads like someone dictated it to him.

KTV Escort's picture

see? he was so good at forging shit the regulators could have never known

LawsofPhysics's picture

Correct, another act in the circus for the sheeple.

MeBizarro's picture

Tend to stay away from the conspiracy stuff because for the simple fact that it is tough to maintain silence but this smells a bit rotten & too convenient. 

kridkrid's picture

Stop. That is the meme put out to discourage people from critical thought. Walk into any courtroom in America... Most cases are "conspiracy". Silly conspiracies are floated out there from time to time to make legit "theories" look silly.

Dr. Engali's picture

Hold on. You don't think conspiracies can happen but you believe he can get away with this for 20 years?

alien-IQ's picture

something tells me that he'll be the recipient of a very well timed "heart attack" and thus rendering a trial unnecessary.

WillyGroper's picture

20 yrs. & his guilt was intense? Burning, I'm sure.

BurningFuld's picture

It has fuck all to do with guilt. The fucking Bank account was about to go in to overdraft. Nothing more nothing less.

Debtless's picture

I offer my marksmanship expertise to any and all banksters/politicians/plain old assholes who wish to off themselves properly.

Services guaranteed. 

_ConanTheLibertarian_'s picture

payment in gold or silver only

Debtless's picture

yep. and no job too big. discounts for entire office offings.

Republi-Ken's picture

Another Republican Sociopath bites the dust...

Dr. Richard Head's picture

I am sure Presidential Cufflink Dimon is a republican too.  Like it makes a difference what one's voter registration card states.  A crook is a crook is a crook. Let's see also about Corzine.  I think he has some association with Obama if memory serves me well.  Then there is Swing Both Ways (politically speaking of course) Summers.  Need I go on, you left right fool?

Dr. Engali's picture

Actually Dimon is a card carrying democrat ,otherwise you are spot on.

NotApplicable's picture

Swing and a miss, there Republi-Ken.

I looked on opensecrets (assuming the same thing you did). The one and only contribution he's made in his name was to a Democrat.

resurger's picture

"There is no such thing as half way crook"

Unprepared's picture

The Shook Ones, Pt. III?

Winston Churchill's picture

That note should be good for a civil fine and no admission of wrongdoing.

Holder is as big a crook as this incompetent.

So is his boss.

cougar_w's picture

a civil fine and no admission of wrongdoing

You can be excused for thinking that. However Holder and every DA and AG from one side of the nation to the other is going to be all over this guy like white on rice. They've been treading water, protecting their buddies and the boss' buddies, waiting for the day -- no praying for the day -- when some low-level luzer like this guy comes along and gives them a head to roll.

This will become the biggest media circus of the year.

And Corzine? Nowhere to be found.

And that my friend is the fucking standard operating proceedure.

Ineverslice's picture

Birth certificates would be no prob for this guy...

verum quod lies's picture

Unlike the last Soetoro forgery/fraud that lasted all of a few minutes of scrutiny upon being put online, this one lasted about what 20 years? As frauds go, he at least had some longevity. In short, I’d match his “financial genius” against Barry’s “political genius”. What a couple of maroons. Also, clearly, incompetence and fraud favors the affirmative action candidate over the bankster.


BooMushroom's picture

Seems like a few random people on the internet could do a better job of rooting out white collar crime than the people that actually get paid to do it...

bubbleburster's picture

""Whatever body, and whatever society, wastes more than it acquires, must gradually decay; and every being that continues to be fed, and ceases to labour, takes away something from the publick stock."
Johnson: Idler #22 (September 16, 1758)"


Now consider whether guys like Wasendorf of Madoff (sp?) were doing "labor" as they raped their clients?  The public stock has been sucked dry and then again and again.....yet the total numbers of Occupy Wall Streeters is still pretty small potatos.  However, the storming of the Bastille probably started with just a few people.  At the rate of this stream of new reporting...these last 2 weeks....it won't take much more till the OWS crowd teems to the tens of thousands....demanding the heads of Bernanke and Geitner.

prole's picture

No weren't the uninvited guests of the Bastille "hungry?"

Nobody in this country is hungry. Even the poor are obese. No hunger=No march no mob.

Bunga Bunga's picture

20 years of fraud. And this is just the tip of the iceberg. Good luck to everyone possessing money (and soon not).

LoneStarHog's picture

Memo To All You F__king Banksters:

Anytime you want to pull a WasenDorfman and are too damn stupid to do it correctly, please contact a member of ANY Patriot Group and competent, professional assistance shall be rendered - free of charge!

WasenDorfman I guess is not a "legacy" in the Whore Street & WaShitOn fraternity, like Corzine!

Cognitive Dissonance's picture

Well........he seems like a nice guy.


Arius's picture

I think so too ... he shows remorse and obviously regret what he did ... even went to the extreme!

i still believe in their core americans are a good and forgiving people!

lets not be too harsh ... everyone makes mistakes...

LoneStarHog's picture

Take your f__king Stuart Smalley "Daily Affirmations" and...

NotApplicable's picture

Ummm... I think your sarcasm detector is broken.

falak pema's picture

we are all nice guys until we sup with the devil. 

This lady Barnhadt has a thingie about EVIL and the devil. Its gets my goat. Just saying, a pair of tits that spit on the devil makes my blood turn cold. Tits are like ripe melons, who turn cold and thats bold even untold in history, as they are made by the Maker for saying hello to the devil and the deep blue sea,  like Mary Magdalena or Venus, even without arms, but with tits, like of 'de Milo', never to say "Nein", like you know whooo...but thats just me AND the Chardonnay!

pashley1411's picture

True contrition consists of confession and acts of repentence.

We are not talking about strapping on a backpack and going for a walk on Wall Street.   But at the very least, he could expose how he manipulated his (non)regulators to approve his Potemkin business/farce; techniques, name names, the higher-up the better; dinners he had, people he schmoozed, politicians who answered his phone calls and ran favors for him, regulators who looked the other way, business associates and employees who facilitiated the fraud.

Can't drain the cesspool until you find the bottom.

doomandbloom's picture

another "one man" forgery scheme? 


i find it difficult to believe this even with the confession. 

NotApplicable's picture

Do these entities not undergo audits? I'm having a really hard time believing one person could pull this off.

BurningFuld's picture

Me too. So his accountant is balancing his Bank Statement against what? Like" Damn we lost money here here and here and your personal expenses this year were 10.2 million...ya it all adds up maybe I forgot to carry a one or something."  Give me a fucking break!!!

cougar_w's picture

They must have redacted the part where he confesses to having a man-crush on Jon Corzine.

TheFourthStooge-ing's picture

cougar_w said:

They must have redacted the part where he confesses to having a man-crush on Jon Corzine.

They redacted the entire first draft. He accidentally signed it Linda Green.

DougM's picture

When faced with such a conumdrum all you need to do is donate a few thousand to Obama and play dumb. 

Mesquite's picture

Er..Few Hundred thousand...!

Fixed it...

slackrabbit's picture

Is this like a default suicide template used by banking CEO'S, or can parliamentarians use it as well?

Oh and burn in hell you sack if shit. You have destroyed the lives of good honest hard working people, and your not even making an attempt at atonement. It you had any balls at all you would have faced up to it.