Well, the more dire the economy becomes the more suicides occur. Well, at least of money managers and other rich folks. The latest is Steven L. Good, 52, who was found dead of a self-inflicted gunshot wound. He was found in his Jaguar in a forest preserve outside Chicago, said the Kane County Sheriff’s Department.
Mr. Good was chief executive of Sheldon Good & Co., one of the nation’s largest real-estate auction firms. His father founded the company in 1965. As chairman of the Realtors Commercial Alliance Committee, Mr. Good said last month in an industry outlook news release that market conditions were “very challenging.”
According to the company’s Web site, Sheldon Good “has sold more than 45,000 U.S. and international properties in more than 100 different classes and produced more than $10 billion in sales.”
Mr. Good wrote a book called “Churches, Jails and Gold Mines…Mega-Deals from a Real Estate Maverick.” In it, Mr. Good tells how he purportedly turned his auction firm into the real-estate equivalent of Sotheby’s or Christie’s. “That book is a must-read for anyone in real-estate auctions,” said Chris Longly, spokesman for the National Auctioneers Association. Source: Wall Street Journal
This latest wave of suicides show how materialistic people are. Poor folks won’t kill themselves. They’ll make do with what they have. Some rich folks freak out once the market goes down. They are in a tailspin and the only alternative for them is suicide. How selfish. This comes on the heels of German billionaire Adolf Merckle killing himself because his fortune dipped a couple billions. A message to all the rich folks contemplating suicide, think about your family first and the anguish and heartache that would ensue.
Filed under: Adolf Merckle, Apparent Suicide, Real Estate, Steven L. Good
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