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Showing posts with the label Stock Market Suicides

The Great Recession: Celebrity Suicides

Needless to say, over the winter, a subtle media-driven "the-economy-is-to-blame" thread became apparent in the stories about the rash of murder-suicide incidents. Additionally, there is a growing list of "celebrity suicides" of wealthy and well-connected individuals who have allegedly died by their own hand. Here are the ones that appear to be on that exclusive tally, to date. April 22, 2009 - David Kellermann, 41, the acting chief financial officer of Freddie Mac, died by hanging. See more details, here . January 5, 2009 - Steven L. Good, 52, Chairman and Chief Executive of Sheldon Good & Co., a leading US real estate auction firm, was found with a gunshot to the head, behind the wheel of his red Jaguar. The car was in a parking lot in the McGraw Wildlife Refuge near East Dundee, Kane County, outside of Chicago. No suicide note was found with the body, but authorities felt it was suicide. Good, who was Chairman of the US Realtors' Commercial Alliance Co...

Freddie Mac Chief Dies By Suicide

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Has there been another "Great Recession" suicide, the kind of newsmaker that the media has been waiting to elevate to "celebrity death" status? Update: ABC News Alerts is sending this out as an online bulletin. Breaking News from ABCNEWS.com: Freddie Mac CFO Found Hanging in His Basement, Law Enforcement Officials Tell ABC News [9:37 a.m. ET] . The media is building this into a lead story for the day. As I have written, flashing out the graphic details of the method of the suicide, especially in headline or bulletin form, as seen here above from ABC (and now others?) ties into research indicating behavior contagion follows. Earlier reports were as follows: David Kellermann, acting chief financial officer of Freddie Mac, died by suicide in his Hunter Mill Estates home on Wednesday morning, April 23, 2009, according to WTOP. Fairfax County Police spokeswoman Mary Anne Jennings tells WTOP that Kellermann, 41, police responded to the home after family members called p...

Suicide Attempt at Brazilian Exchange; Suicides in India & Korea

Reuters is reporting that a Brazilian trader shot himself on Monday, November 17th, in the open outcry pit of Sao Paulo's commodities and futures exchange in an apparent suicide attempt. Trading was halted for a few minutes after the shot was fired on Monday, right before the regularly scheduled closing time. Paulo Sergio Silva, 36, a trader for the brokerage arm of Brazilian banking giant Itau (ITAU4.SA: Quote, Profile, Research, Stock Buzz), shot himself in the chest during the afternoon trading session, the exchange said, and hospital staff said he was in critical condition. Silva was given first aid on the scene before being transported to the hospital, BM&F Bovespa SA (BVMF3.SA: Quote, Profile, Research, Stock Buzz), which operates the exchange, said in a statement without providing further details. Traders said the incident happened in the interest rate futures pit, a raucous circle where on average $21 billion worth of contracts exchange hands every day. Brazil's fin...