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Meltdown: suicides on the increase

Filed in archive risk by leon on November 08, 2008

Meltdown: suicides on the increase


Back in the Depression, there were people jumping out of buildings after learning they had lost everything. Are we going back to that?

Former Bear Stearns executive Barry Fox committed suicide when he discovered he wouldn't be hired by J.P. Morgan Chase & Co., which was about to buy his firm. The Bear Stearns collapse broke his spirit.

But could this be a sign of things to come? Now there are warnings that the meltdown is likely to produce more executive suicides. And there is anecdotal evidence that it's on the increase.






Permalink: Meltdown: suicides on the increase
Tags: meltdown  suicides    2007  2008  meltdown+suicides  suicides+increase  yours+here 

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