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Man shoots himself on trading floor

 
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Disco_Destroyer
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PostPosted: Tue Nov 18, 2008 12:01 pm    Post subject: Man shoots himself on trading floor Reply with quote

After seeing this artical and realising this is only in the press because it is unusual to happen on the trading floor itself, it begs he question on the whole are trader suicides up as a result of the current turmoil??

Quote:
Man shoots himself on trading floor

© ITN 2008
A stock market trader has shot himself on the trading floor of Brazil's main financial exchange.

Paulo Sergio Silva, 36, a trader for the brokerage arm of Brazilian banking giant Itau, shot himself in the chest during the afternoon trading session.

The commodities and futures exchange in Sao Paulo did not halt trading after the shooting. The exchange said it was unclear how the gun passed through its metal detectors.

Witnesses said the gunshot caused panic on the trading floor of Latin America's largest financial exchange.

Mr Silva was given first aid on the scene before being rushed to the hospital, where staff said he arrived in a critical condition and was undergoing an operation.

Witnesses said the incident happened in the interest rate futures pit, a raucous circle where an average of £13.9 billion worth of contracts exchange hands every day.

Brazil's financial markets have taken a pounding in recent months as the global credit crunch spreads, causing massive losses for investors and companies alike.



http://news.uk.msn.com/Article.aspx?cp-documentid=11051165

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