Ex-Lehman Bros Exec, Commits Suicide In Face Of Financial Di

Charles Hopper, Ex-Lehman Brothers Exec, Commits Suicide In Face Of Financial Distress

Charles Hopper -- 63 years old and facing mounting financial troubles -- hanged himself in the garage of his Connecticut home last month. But five years earlier, before desperation drove him to that point, he'd been an executive at Lehman Brothers earning seven figures a year.

Hopper's fall from grace -- as revealed in a detailed New York Post feature this week -- is just one in a long series of tragic outcomes that can be traced back to the financial crisis.

Hopper had been a hedge fund advisory executive at Lehman, but he lost his job in 2007, about a year before that firm filed for bankruptcy and triggered the bank panic of 2008. Hopper struggled to find work for two years, eventually landing a job at Appomattox Advisory that paid $150,000. He was underwater on his mortgage and had borrowed and spent a little too freely during the good years -- for himself, pricey watches and a Porsche; for his wife, whatever she wanted, it seems, including cameras, sculling lessons and graduate school courses.

His suicide, sadly, is far from the only recent example of a Wall Street worker driven to extreme measures after experiencing financial troubles.

http://www.huffingtonpost.com/2012/06/1 ... l#comments

Gee...Committed suicide rather than having to live like the rest of the 99%... Some days it's just hard to maintain that 1% lifestyle. But even after landing a job at $150,000 he was unable to "maintain"? If he could only have held on until the additional tax-cuts-for-the-rich kicked in, he could have made it? We KNOW it wasn't because he was "over-taxed"; I mean, being a hedge-fund manager and all, meant that he was only paying 15% capital-gains rates....on SEVEN-FIGURES-A-YEAR...

Sorry... but my "Give-a-Damn's busted" ...

Some people aren't very strong. And some people just suffer from depression. I wish the best for his family.

Democrat for Sale- you are incorrigible.

Shameful.

BearMtnHIB wrote: Democrat for Sale- you are incorrigible.

Shameful.

Coming from YOU that's a compliment.

Only an evil person would celebrate another human's suicide... not surprised anymore.

Charles Hopper, Ex-Lehman Brothers Exec, Commits Suicide In Face Of Financial Distress

YES! YES!

You made my day LJ, thanks

Ryt_Rick wrote: Only an evil person would celebrate another human's suicide... not surprised anymore.

I wonder how many suicides Charles Hopper is responsible for...? Because people tend to get a little depressed when they lose thier homes, savings, 401K's, jobs....etc..etc..etc..

Ryt_Rick wrote: Only an evil person would celebrate another human's suicide... not surprised anymore.

:Thanks:

Considering the comments that flew around when Teddy Kennedy died, I'm no longer surprised either....

Democracy4Sale wrote:

BearMtnHIB wrote: Democrat for Sale- you are incorrigible.

Shameful.

Coming from YOU that's a compliment.

Coming from anyone... that's the truth.