Finance expert shoots dead wife, three sons, mother-in-law after stock market crash
 

http://news.google.com/news?hl=en&um...nG=Search+News

Finance expert shoots dead wife, three sons and mother-in-law after stock market crash

October 08, 2008

A finance expert who shot dead his wife, three sons and mother-in-law before turning the gun on himself blamed the stock market crash.

Karthik Rajaram, a former analyst with London-based PricewaterhouseCoopers, killed his family at their luxury home when he realised their wealth had been devastated by plunging shares on Wall Street.

Indian-born Rajaram, 45, left a suicide note, saying shooting them was "the honourable thing to do".

He had recently made £875,000 in the sale of an internet company he co-founded with an initial stake of £12,500.

The bodies were found at their home in Los Angeles on Monday after his wife failed to go to work.

Wow, was that really necessary?

RIP :( crazy bastard

I guess that's what happens when your job is your identity.

damn, that is crazy. i hate to say it but i dotn think this will be the last time we will hear of these kind of things over the course of the next 6 monhts :(

He couldn't just say "fuck it" and go bum around at the beach?

http://www.abcnews.go.com/US/wireStory?id=5970626

6 Die in Family Murder-Suicide in Los Angeles
L.A. police say man in `absolute despair' over finances kills 5 family members, the himself.

By CHRISTINA HOAG Associated Press Writer
LOS ANGELES October 7, 2008 (AP)

The only hints of trouble in the big beige house on Como Lane were the newspapers in the driveway and the lack of any activity behind the front door.

But when police summoned by worried friends of the residents got inside Monday, they found a horror ? six members of a family fatally shot in a murder-suicide committed by an unemployed father in financial crisis.

The body of 45-year-old Karthik Rajaram, a gun clutched in one hand, was found by officers who followed a trail of carnage through the home in a gated community in the Porter Ranch area of the San Fernando Valley.

His victims, most slain in their beds, were his wife, three sons and his mother-in-law.

"Absolute devastation," Deputy Chief Michel Moore told reporters outside the home.

AIG wasn't such a good stock after all