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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.
The death of the respected 47-year-old City figure evokes memories of the 1929 Wall Street crash in America and comes as:
Originally posted by DimensionalDetective
And they're pretty much GUARANTEEING it by passing this billionaire fraud bill.
Originally posted by DeadFlagBlues
reply to post by Interestinggg
It's never bad enough to take your own life when there are other lives depending on you. That's not what men do. There's no justification for taking more people down with you.
At the same time Warren Buffet buys a $5 billion stake of Goldman Sachs that practically guarantees him a return of some 17-20% per year plus possible upsides in the stock price. This because Goldman will likely be the one profiting the most from the big bailout.
[Buffett] made it very clear that he would not have bought anything right now if he wasn't confident Congress will do the "right thing" and approve the financial bailout proposal put forward by Treasury Secretary Henry Paulson.
As he himself admits, Buffett and the other Berkshire shareholders will make $500 to $1,000 million profit per year because the taxpayer will pay for the big losses Wall Street made.
Originally posted by Malynn
Who was the person that said they wanted bankers jumping out of building's 1930's style? Well, looks like you got your wish like a day later!
Originally posted by Sheridan
Well, unfortunately in the 21st century, the 75% of the western male population, especially the newer generation is not acting like men at all. Just watch the reality shows and see what I mean under this. And bankers, whose are never really did two handed work... honestly, what do you expect from them?
Originally posted by johnsky
Well, sometimes it comes down to it that you're worth more dead than alive.
But for us, it's a message to batten down the hatches... there's a storm coming.
Originally posted by Keeval
As for your last line... yep a storm is coming... a big one.
Originally posted by SR
Feel sorry for the train driver what choice did he have in the whole situation.
Greedy in life and greedy in choice of death