I'm sure these are all just coincidences...

Submitted by patb on April 22, 2009 - 8:05am.

I expect more suicides, that's the sign it's a real downturn.

If Wall Street was being Body Bombed, then, i'd feel a lot better
about TARP.

Submitted by socrattt on April 22, 2009 - 8:56am.

Money and power together can be an evil combination. It is sad to see how many people base their lives off the amount of money they have (had).

Submitted by UCGal on April 22, 2009 - 10:15am.

It's being called an apparent suicide because he was hanging from a rope. But I agree, there's room for speculation.

Submitted by MicroGravity on April 22, 2009 - 3:12pm.

I wouldn't know if it was a conspiracy or not, but I do know that suicides skyrocketed after Black Monday (1987).
One of my relatives was a fund manager of a conservative fund, and lost half the funds value the week of Black Monday. Managers of more aggressive funds lost more, often more than the value of the fund.
On Wallstreet, it's not just about the money, it's about your status. You might think that a person worth $50M should be OK if they are still worth $20M, but the loss of status is often more painful for these guys.
BTW: My relative had since recovered (the money--not from a suicide attempt!) but recently lost their position this time around. It's definitely worse this time around IMHO.


Submitted by Aecetia on April 22, 2009 - 3:37pm.

How Clintonesque.

Submitted by blahblahblah on April 22, 2009 - 3:39pm.

How Clintonesque.

Yes, it's reminiscent of the Arkancide epidemic of the early 1990s.

Submitted by Aecetia on April 22, 2009 - 3:54pm.

It must be going around again.

Submitted by FormerSanDiegan on April 22, 2009 - 11:05pm.

The suicide rate in the US is currently 11 per 100,000.

From 1950 through 1980 it averaged 13.2 per 100,00 population.

One might conclude that the sensationalism of these events has increased, but the inderlying events have not. So, I'd say yes, this could be a conicidece.

Submitted by poorsaver on April 23, 2009 - 12:06am.

I found out my broker committed suicide after the tech crash in 2000. She was a young Indian woman who evidently held herself to high standards in managing people's money. Well, she lost over $200K of mine, but I was shocked to learn of her demise.

Submitted by CA renter on April 23, 2009 - 3:50am.

I'm with you, Concho. The first thing that came to mind when hearing the news about the "suicide" was, "yes, that's what we're told to believe."

A group of men can easily "hang" another man. Doesn't make it a suicide.

OTOH, if it's a real suicide, it's possible he was worried about an investigation of sorts, and feared that whatever might be coming could have meant a very long prison term for him. There's always that, in this environment.

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