Saturday, September 27, 2008

Credit crunch banker leaps to his death in front of express train | Mail Online

Credit crunch banker leaps to his death in front of express train | Mail Online: "The City was in shock last night after the apparent suicide of a millionaire financier haunted by the pressures of dealing with the credit crunch.

Kirk Stephenson, who was married with an eight-year-old son, died in the path of a 100mph express train at Taplow railway station, Berkshire.

Mr Stephenson is believed to have taken his own life after succumbing to mounting personal pressures as the world’s financial markets went into meltdown."

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This is sad. I was wondering when we would read of a suicide. That happened with Enron, too, and of course the stockbrokers leaping out windows was cartoon fodder from the Great Depression.

1 comment:

Anonymous said...

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This is very sad. His poor family and friends. It’s a shame politicians forced banks starting back in the 80s to give home mortgages to poor people who weren’t credit worthy enough. That’s where all this mess started. And also that they didn’t regulate Fannie Mae and Freddie Mac like they do other banks.
Scary, will sanity ever prevail?
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if money were free
it would have no value
- extreme inflation

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ignore credit scores
give everyone homes
- like musical chairs

to deny a mortgage
must be due to racism

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absurd thought -
God of the Universe says
forgive all debts

settle all accounts
no one owes anything

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absurd thought -
God of the Universe says
make housing costs look cheap

go paint a rosy picture
just get people to sign up

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:)
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