Even his gated community wasn't able to shelter this unemployed financial advisor. Previously of PricewaterhouseCoopers and Sony Pictures, he had been out of work for months. He shot to death his mother-in-law, his wife and their three children (ages, 7, 12 and 19) before killing himself in the McMansion development of Sorrento Pointe. [More...]
The Dow dropped below 10,000 for the first time in four years.
But losses are pared in half after Dow drop reaches 800 points on credit crisis.
| | By Alexandra Twin, CNNMoney.com senior writer Last Updated: October 6, 2008: 4:13 PM ET NEW YORK (CNNMoney.com) -- Stocks plunged Monday, with the Dow down as much as 800 points during the session, as the $700 billion bank bailout plan and European government attempts to prop up faltering banks failed to comfort panicky investors. [More...] | |
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