An out-of-work money manager in California loses a fortune and wipes
out his family in a murder-suicide. A 90-year-old Ohio widow shoots
herself in the chest as authorities arrive to evict her from the
modest house she called home for 38 years.

In Massachusetts, a housewife who had hidden her family's mounting
financial crisis from her husband sends a note to the mortgage company
warning: "By the time you foreclose on my house, I'll be dead."

Then Carlene Balderrama shot herself to death, leaving an insurance
policy and a suicide note on a table.

- In Los Angeles last week, a former money manager fatally shot his
wife, three sons and his mother-in-law before killing himself.

Karthik Rajaram, 45, left a suicide note saying he was in financial
trouble and contemplated killing just himself. But he said he decided
to kill his entire family because that was more honorable, police
said.

Rajaram once worked for a major accounting firm and for Sony Pictures,
and he had been part-owner of a financial holding company. But he had
been out of work for several months, police said.

After the murder-suicide, police and mental-health officials in Los
Angeles took the unusual step of urging people to seek help for
themselves or loved ones if they feel overwhelmed by grim financial
news. They said they were specifically afraid of the "copycat
phenomenon."

"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," Deputy Police Chief Michel
Moore said. "It is critical to step up and recognize we are in some
pretty troubled times."

- In Tennessee, a woman fatally shot herself last week as sheriff's
deputies went to evict her from her foreclosed home.

Pamela Ross, 57, and her husband were fighting foreclosure on their
home when sheriff's deputies in Sevierville came to serve an eviction
notice. They were across the street when they heard a gunshot and
found Ross dead from a wound to the chest. The case was even more
tragic because the couple had recently been granted an extra 10 days
to appeal.

- In Akron, Ohio, the 90-year-old widow who shot herself on Oct. 1 is
recovering. A congressman told Addie Polk's story on the House floor
before lawmakers voted to approve a $700 billion financial rescue
package. Mortgage finance company Fannie Mae dropped the foreclosure,
forgave her mortgage and said she could remain in the home.

- In Ocala, Fla., Roland Gore shot his wife and dog in March and then
set fire to the couple's home, which had been in foreclosure, before
killing himself. His case was one of several in which people killed
spouses or pets, destroyed property or attacked police before taking
their own lives.

http://hosted.ap.org/dynamic/stories/F/FINANCIAL_CRISIS_VIOLENCE?SITE=TXDAM&SECTION=HOME&TEMPLATE=DEFAULT

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