Chicago Trader Kills Himself After Losing Millions

(Crain's) -- An S&P 500 futures trader died of a self-inflicted gunshot wound just hours after losing several million dollars Wednesday, one of Wall Street's most volatile days.

Joseph Anthony Luizzi, 44, of Oak Brook, died in west suburban Berwyn, according to the Cook County Medical Examiner's Office. He left a note.

"He explained to his wife that he had made a substantial loss and was despondent that he could never regain that loss," said Berwyn Police Chief William Kushner.

Read the entire article here.

Comments

[2ndrepublic]

I knew Joe for over twenty years we met in college. He was always a kind, honest and loving person. He did not love money. He loved his wife, family, friends and pets. Joe was hard working, focused and determined. It was his dream as long as I knew him to be a trader at the CME and he loved what he did for a living. He did not come from money or privilege. He often worked two jobs, day and night, to achieve that goal. It was my honor and privilege to know Joe and those whose lives he touched would tell you that the world was a better place for having had him in it. His soul lacked nothing. In his depair he decided to take his own life. I among many wish he hadn't. He was loved and he will be missed.

[Diogenis]

"For what does it profit a man to gain the whole world and forfeit his soul?"

[DASChicago]

He could have learned what the "WORD" says, "For the love of money is the root of all evil".

His soul was malnourished.

[grecogrant]

OH WELL.. HE SHOULD HAVE JUMPED!