Hedge Fund Fraud Missing; Suicide Possible

Police aren't ruling out suicide as a New York hedge-fund manager due to begin serving a 20-year prison term yesterday remains missing, the Wall Street Journal reports. Police found Samuel Israel's car parked near a bridge over the Hudson, with “Suicide is painless” written in dust on the hood.

Israel was convicted of bilking Bayou Group investors out of $400 million. “We can't say conclusively at this point that he jumped off the bridge,” said one investigator.