Friday, October 17, 2008
Father kills family, himself, despondent over financial losses
Karthik Rajaram had fallen hard. The 45year-old Porter Ranch financial manager who once made more than $1.2 million in a London-based venture fund had lost his job. His luck playing the stock market ran out.
On September16, he bought a gun. He wrote two suicide notes and a last will and testament. And then, sometime between Saturday (October 4) night and Monday (Oct. 6) morning, he killed his wife, mother-in-law and three sons, and took his own life.
"This is a perfect American family behind me that has absolutely been destroyed, apparently because of a man who just got stuck in a rabbit hole, if you will, of absolute despair, somehow working his way into believing this to be an acceptable exit," said LAPD Deputy Chief Michel Moore. "It is critical to step up and recognize. We are in some pretty troubled times."
In a letter addressed to police, Rajaram blamed his actions on economic hardships. A second letter, labeled "personal and confidential," was addressed to family friends, the third contained a last will and testament, Moore said.
To read the full article, click here..
To read the ePaper, visit: http://www.newsindia-times.com
On September16, he bought a gun. He wrote two suicide notes and a last will and testament. And then, sometime between Saturday (October 4) night and Monday (Oct. 6) morning, he killed his wife, mother-in-law and three sons, and took his own life.
"This is a perfect American family behind me that has absolutely been destroyed, apparently because of a man who just got stuck in a rabbit hole, if you will, of absolute despair, somehow working his way into believing this to be an acceptable exit," said LAPD Deputy Chief Michel Moore. "It is critical to step up and recognize. We are in some pretty troubled times."
In a letter addressed to police, Rajaram blamed his actions on economic hardships. A second letter, labeled "personal and confidential," was addressed to family friends, the third contained a last will and testament, Moore said.
To read the full article, click here..
To read the ePaper, visit: http://www.newsindia-times.com
Labels: American family, destroyed, economic hardships, financial losses, Karthik Rajaram, kills, london, stock market, Suicide notes, testament
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Quieries are welcomed at:
Happy Deepwali and Happy Trading as well
KnowYourProfit
+91-9871142419
Informative content on this useful blog created by webmaster.
Now as such we have seen in past few trading sessions that Market has become volatile and also there were also most of the stocks are available in discounts which means that the right time has come whne one can invest in this Indian Stock Market with handsome gain in over a period of time along with that one can also opt for doing Intrading Trading now days as stock specific movement is there.
Quieries are welcomed at:
Happy Deepwali and Happy Trading as well
KnowYourProfit
+91-9871142419
I love to read interesting post that has knowledge to impart! Thank you for sharing your insights! I will avidly wait for your next blog entry.
Best regards,
Gold
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Best regards,
Gold
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