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To: LoneClone who wrote (62008)10/28/2008 10:49:31 PM
From: LLCF  Respond to of 78409
 
I hear he was short and was up there partying....

DAK



To: LoneClone who wrote (62008)10/28/2008 11:12:35 PM
From: E. Charters  Respond to of 78409
 
I know a guy who jumped after Bre-X.

I jumped too, but it is hard to hurt yourself falling out the window of a basement apartment.

Another one, was mesmerized by the beauty of the jungle as he was flying back from core logging at Kalimantan, opened the door, and fell out of the 212 he was flying in. Michael something or other. Phillipino guy. With him went the whole program as I understand he alone had the secret of ore body.

A broker tried to hang himdelf after Bre-X, but in uncharacteristic fashion, the went long on the rope.

* On Friday, November 8, J.J. Riordan, president of the County Trust Company, took a pistol from a teller's cage at his bank, went to his home in downtown Manhattan, and shot himself. The news was suppressed until after the bank closed at noon Saturday, to avoid causing a run on the bank.

* A vice president of the Earl Radio Corporation jumped to his death from the window of a Manhattan hotel. His suicide note read, "We are broke. Last April I was worth $100,000. Today I am $24,000 in the red." But this happened in early October, weeks before the crash.

* Jesse Livermore, perhaps the most famous of the Wall Street speculators, shot himself--but not until 1940.

Several well-publicized suicides did fulfill the stereotype. Winston Churchill, visiting New York, was awakened the day after Black Tuesday by the noise of a crowd outside the Savoy-Plaza Hotel. "Under my very window a gentleman cast himself down fifteen storeys and was dashed to pieces, causing a wild commotion and the arrival of the fire brigade," he wrote.

In 1929: The Year of the Great Crash (1989) historian William K. Klingaman says asphyxiation by gas was the most common method of doing oneself in, although there was considerable variety. He writes:

The wife of a Long Island broker shot herself in the heart; a utilities executive in Rochester, New York, shut himself in his bathroom and opened a wall jet of illuminating gas; a St. Louis broker swallowed poison; a Philadelphia financier shot himself in his athletic club; a divorcee in Allentown, Pennsylvania, closed the doors and windows of her home and turned on a gas oven. In Milwaukee, one gentleman who took his own life left a note that read, 'My body should go to science, my soul to Andrew W. Mellon, and sympathy to my creditors.'

You have to admire a guy like that. Now if only some of the current crop of pirates would take the hint.

Legend has it that the cops dragged one poor guy off a ledge, only to discover that he was just a window washer. Will Rogers observed, "When Wall Street took that tail spin, you had to stand in line to get a window to jump out of, and speculators were selling space for bodies in the East River."

EC:<-}



To: LoneClone who wrote (62008)10/28/2008 11:37:13 PM
From: E. Charters  Read Replies (1) | Respond to of 78409
 
New Zealand-born Mr Stephenson, who owned a £3.6million, five-storey house in Chelsea and a retreat in the West Country, was chief operating officer of Olivant Advisers.

Last year,these guys tried to buy a 15 per cent stake worth almost £1billion in a bank called Northern Rock before the bank was nationalised.

After eating breakfast on Thursday , Mr Stephenson drove to Taplow station, left his car in the lot and crossed a footbridge over the main First Great Western Plymouth to Paddington line. Out of view of passengers on the platform, he is then said by witnesses to have leapt in front of a high-speed train.



To: LoneClone who wrote (62008)10/29/2008 2:40:55 AM
From: Proud Deplorable  Respond to of 78409
 
Suicides rise in crisis-hit South Korea



October 28, 2008 - 3:07PM

A recent rash of suicides in South Korea is being blamed on the grim economic climate, a situation echoing the impact of the 1997 Asian financial crisis on the country, news reports say.

Medical experts say mental illness has also been on the increase in South Korea amid the recent stock market meltdown.

Yonhap news agency said a 47-year-old man in the southwestern city of Gwangju committed suicide last Sunday after suffering heavy losses in his highly-leveraged investment in stocks.

He was found hanging in the bathroom of his apartment on Friday, said Yonhap, citing a local police report.

The man put a total of 370 million won ($A423,623) in stocks two years earlier after taking out a mortgage on his house and using his life insurance as collateral, Yonhap said.

But he lost two-thirds of the investment in this year's stock market plunge.

"My husband kept saying he felt guilty before the family and he wanted to die," his wife was quoted as telling police.

On the same day, a couple in their 60s were prevented from committing suicide by police, the Korea Times said. They borrowed 100 million won from a security company last October, invested it all in stocks and lost most of it.

Acting on a tip from their relatives, police found the man writing a suicide note in his car, parked on a deserted road, with a wire around his neck.

His wife was rescued after she swallowed sleeping pills at home.

On October 9, a 32-year-old employee from a security firm was found hanging at an inn in Seoul, also in an apparent suicide linked to the plummeting stock market, the Korea Times said.

"About 20 per cent of my patients complain of growing agony over the market crash. They've got an extra reason to get depressed," Ha Jee-Hyun, a psychiatrist at Konkuk University Hospital told AFP.

"Those who suffer from depression tend to blame themselves for everything that went wrong. They torture themselves over the market crash, even though the crisis is a global one," he said.

The World Health Organisation warned last week that the global economic crisis is likely to cause an increase in suicides and mental illness as people struggle to cope with losing their homes or livelihoods.

© 2008 AFP



To: LoneClone who wrote (62008)10/29/2008 2:53:55 AM
From: goldsheet  Respond to of 78409
 
"crash-related jumping epidemic" is just a myth. Between Black Thursday and the end of 1929, only four of the 100 suicides and suicide attempts reported in the New York Times were plunges linked to the crash, and only two took place on Wall Street.

The two Wall Street leaps that did take place, however, were dramatic enough to sustain the myth. On Nov. 5, Hulda Borowski, a clerk who'd been working at a Wall Street stock brokerage house for 28 years, leapt off a 40-story building.

On Nov. 16, three days after the market had taken another dive, G.E. Cutler, the head of a produce firm, climbed onto the ledge of his lawyer's office. The New York Times reported that an attorney struggled to pull the frantic Cutler inside, to no avail,

FULL STORY: slate.com