Posted on 01/19/2008 6:55:59 AM PST by angcat
There may have been big life insurance policies on both of them, and the suicide wouldn’t garner a payout, but a murder would. He may have taken out his wife so the children would get the insurance money. Possibly she even agreed to the plan in advance. People whose entire lives revolve around having lots of money sometimes just collapse psychologically when literally poverty is just around the corner.
He was probably feeling depressed and was stupid enough to see a shrink who naturally put him on anti-depressants. We’ve seen this so many times now. I’d bet that was the case.
I’m a girl and you are sweet!
I suppose they do help but I don’t like the idea of drugging our children these days.
I’ve been across those bridges numerous times. Never thought to jump off though.
In the last 2 years there's been a big push on The Hill and the FTC, SEC for more transparency in corporations to prevent these scenario's and their corresponding results.
Our government, economic think tanks, financial CEO's and university professors, all saw this coming. That's why there was a push for transparency in accounting and company subsidiary relations started 2 years ago.
I had a private talk with my company's CFO 8 months ago about this very same topic. He gave me a heads up then on what was about to hit the fan. Our company (a small international subsidiary) averages $200-$250 mil annually in total business. My CFO's concern about it all was going to be the upcoming credit crunch and major slowdown in the economy.
This was a man who clearly did not care about the consequences of his actions, both in life and in death. There were and are consequences, however. It’s very sad, how deluded mankind can sometimes be.
Well, THIS story is going to appear in every subprime/ALT-A litigation case for the next 5 years.
Have never understood the go broke/commit suicide thing. So you’re broke. Liquidate, take bankruptcy, rent an apartment, get a job, live a life. You will still have more than 99% of all humans that have ever lived on earth.
Some of those in the know who study this international relationship at our major universities are now saying that some of our debt holders have already concluded the US will not be able to easily pay back it's debts.
This all began around 2004. The 'World Bank' (joke in some aspects)is the one now trying to referee it all because of all the trillions involved and the international relationships (codependent economies). It's about controlling the slope of the slide, not pointing fingers. Economy is about money changing hands with almost certainly predictable cycles of highs and lows.
Well you are right, I don't want the clown crook that jumped off the bridge in my universe either. Actually it would not hurt if a whole bunch more like him used the same bridge.
From my post if you can see the relationship (big picture) there's a direct correlation between that 30% average number in 'the economy'. Previous 3 year total for domestic inflation, US debt versus annual GDP, and the correction we are going to see in the price of housing in general. The US had to have it's dollar devalued so our export prices would come down and the import prices go up. This was needed so money could 'be made' domestically so the US government could obtain money to service its debt.
IMHO, we are still seeing at this time, the effect of the dot.com and tech sector implosion in 2000. Our deficit spending continues to increase as the US has to fund its role on the WOT...that's hundreds of billions plus we have to pay back the holders of our debt that started coming due in big chunks back in 2002. AQ and other radicals knew this and that's why the attack on 9-11...not just terrorism, but an attempt to cause economic collapse of this nation.
We need to get out of debt, create a strong dollar and lure foreign investment back ASAP. The trade deficit coupled with real energy independence is needed too. However, we are where we are now because OPEC economies have and depended on our consumption to keep their economies viable.
China's and India's recent economic explosion into the international manufactured goods supply scene have created serious competition for foreign investment dollars and oil; those very same debt buying dollars our politicians have become addicted to while they play government.
In other words:
"This murder-suicide was sponsored by the Internal Revenue Service, www.irs.gov".
I they have lots of life insurance and it has been at least two years since it was taken out, the kids will get it. Pretty sad way to go. If their company was structured correctly, their personal; assets should have been protected. If there was lots of mortgage fraud, that changes everything.
There are a lot of people who define their self-worth entirely by their careers. Everything else is secondary, including family and friends, but also their own happiness and spiritual satisfaction. I’ve known quite a number of such people (an inordinate number of whom happen to have been women executives); they tend to have lives so out of balance that any temporary setback in business causes them to act out in unhealthy ways.
Ignore TIH he’s got BHS. (Bleeding heart syndrome)
The information is relevant and appropriate..
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.