Unnecessary- its only money. A sample of suicides in the financial industry that have been linked to the credit crunch.
Germany's fifth richest man, the billionaire industrialist Adolf Merckle, threw himself under a train in an act blamed by his family on the "desperate situation" of his business empire, compounded with a sense of uncertainty and powerlessness.
French fund manager Thierry de la Villehuchet was found dead at his desk in New York with slits on his arms. His firm, Access International Advisors, had lost more than $1.4bn of clients' money at the hands of Bernard Madoff, Villehuchet's brother described his death as an "act of honour" after "catastrophic" losses
A Bear Stearns analyst, Barry Fox, jumped from the balcony of his 29th floor apartment last year within days of learning that he had lost his job at the bankrupt bank. His partner, Fred Philippi, said that after several personal setbacks, the bank's collapse had been the "last straw" in breaking Fox's spirit
Steven Good, chairman of Sheldon Good & Co a leading US property brokerage was found with an apparently self-inflicted gunshot wound inside his car at a wildlife preserve near Chicago. he left no note and his reasons are as yet unexplained.
London based Fund management boss Kirk Stephenson jumped in front of an inter-city train after struggling with pressure over the financial crisis's impact on his firm, Olivant Advisers. His wife, told an inquest jury that when the banking system seized up, he had become "very tense and worried about a lot of things he had worked hard for". He left an 8 yo son.
A San Francisco hedge fund manager, Eric Von der Porten, took his own life when his fund had dropped by more than 40% on the year. His family told the San Francisco Chronicle that he had struggled with bouts of deep depression in the past, but that the market had finally proven to be a "big trigger".
Walter Buczynski was a top executive at a Maryland mortgage lender before he killed his wife and jumped off a bridge.
K. Upender was a distraught stock speculator in India who suffered steep losses in the Indian stock market this fall, according to the police, just before he chose to open the gas line in his house, light a match and kill himself, his wife and his 2-year-old son.
An HSBC banker hanged himself in a 5-star hotel room in West London Christen Schnor was the head of insurance for Europe's biggest bank, responsible for Britain and the Middle East, and made a comfortable living.
At 82, Edwin Rachleff was nearing the end of his long career as a broker, most recently running A. G. Edwards's New London branch in Connecticut. He was a pillar of his local community and had been married to his wife of 60 years. One of his main clients, the $12 million New London Security Federal Credit Union, was declared insolvent by regulators and shut down. That day, he leapt to his death from the 11th floor of a building.
Scott Coles, the 48 year old chief executive of Mortgages Inc., an aggressive lender to some of Arizona's largest commercial development projects, a business strategy that resulted ultimately in the collapse of his company. The police ruled his death in June a suicide and his company filed for bankruptcy later that month.
Karthik Rajaram, 45, an out of work investor living in an upscale Los Angeles neighborhood, was a co-founder of an Internet business incubator and a former executive at PricewaterhouseCoopers. His decision to take a gun to his three children, wife and mother-in-law has not only been the most devastating act of violence committed by a former executive.
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