Robert Mustard Jr., Dallas Shooter, Yelled 'You've Taken All My Money' Before Trying To Kill His Financial Adviser

Robert Mustard, Jr., the man accused of shooting two men at a Dallas office building on Monday morning, was apparently trying to get his revenge on a financial advisory firm that he believed had lost all his money.

According to the Fort Worth News, when Mustard approached his financial adviser, Richard Smith, 66, and his son, Chris, 39, in their office yesterday, he accused them of taking "all my money," before opening fire with a 45-caliber weapon.

Mustard shot the elder Smith in the legs and his son -- who fled down an escalator into the lobby -- in the neck. With blood "gushing from both sides of his neck," witnesses told the AP that the younger Smith begged bank employees and customers for help:

"He was screaming and crying," said Abraham Achar, who was visiting his friend at the United Texas Bank on the first floor. "He said, 'He shot my dad.'"

When police arrived, Mustard was still on the premises, authorities said. Police shot at -- but missed -- the gunman, a disbarred lawyer, who then barricaded himself in an office and shot himself in the head.

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Comments

[Rooster Coburn]

10:53 PM on 03/28/2010

Maybe he just couldn't cut the mustard any more!

[Kelly L White]

02:41 AM on 03/11/2010

I have-

No opinion, I think.

Lawyer collides with financial adviser.
Yep, I'll bite my tongue...

[AmericanFool]

11:06 PM on 03/10/2010

There is a lot of justifiable anger about the economy, and bankers exemplify the 'banality of evil'. In general, they were really stupid, not criminal, but the damage they caused was immense. That said, there are a lot of people assuming the FAs (who are not 'bankers') had this coming when in fact there is no indication they did anything that harmed this client (and if they did, or even if they had been bankers, a gun isn't the answer.) Anyone with money in the market in 2008 lost money... that's called risk. I've been in the market 16 years and my avg annual returns are 8% even after this ugly decade - that's called perspective, and it's something a lot of people seem to lack. No, I'm not in the money management business, just a non-mgt company schmoe making two figures with a wife who works only part-time so she can be with our kids. So, who are you (you know who I'm talking to) to condemn these victims sight unseen? Spewing anger indescriminately is just what the shooter did, is that what you aspire to be? Isn't that what terrorrists do? Isn't that what Bush did in launching the Iraq war? Compassion is the better angel of our natures, to borrow a favorite line.

[BigGuy]

04:47 PM on 03/10/2010

Did Robert Mustard communicate with his brokers before he resorted to violence? Did he attempt to go to arbitration? For all we know, the funds he had lost as of year end 2008 were recovered in 2009..

It's rare for lawyers, even disbarred lawyers, to resort to violence. After all, much of our law has arisen so disputes can be settled in court rather than in fights to the death.

Robert Mustard's criminal violence arises from his poor mental health, not from inadequate funds. Money can be recovered. The dead can not be brought back to life.

[Califishing]

02:01 AM on 03/10/2010

Some people just should not have their money in the market. Tragic..

[anonymousse]

10:30 PM on 03/09/2010

That sure would be something if he was a colonel in the military at one time.

[sonoffestus]

04:54 PM on 03/09/2010

We have had the same FA for many years now. Yes, we have had the ups and downs like most, but in fairness our guy has done well for us. I knew we had a good guy when at the height of "crash' , he called us and told us quite simply, " no one knows what the hell is going on or how it is going to end up." We've have hung with him, listened to him, challenged him and made some recommended sells and buys. We are slowly rebuilding our retirement fund. I can't say I am happy with how it has all washed out, but one has to know going in tht there is always a potential downside. The thing that is disheartening is that the behavior of a few has created so much misery for the many.

As for people shooting each other in the States, there will be more of this before it is over. Buckle up, you are all in for a very long bumpy ride.

[SusanStoHelit]

04:39 PM on 03/09/2010

A disbarred lawyer - that takes a LOT. He probably did far worse to his clients than was ever done to him.

[AGammaRaye]

04:36 PM on 03/09/2010

Accountability...If broker directed or churned the account
for commissions, he has no ethics.

[hypnotoad72]

04:52 PM on 03/09/2010

But ethics impede the virtue of risk!

[BlueDog1]

04:28 PM on 03/09/2010

Wall Street must be scared to death,

[FreedomCorpse]

06:09 PM on 03/09/2010

not yet.

[zippy01]

04:28 PM on 03/09/2010

Was the shooter a colonel? Did they find a candlestick in the library?

[invirginia]

05:01 PM on 03/09/2010

Eh. But funny.

[FessorFrink]

04:26 PM on 03/09/2010

Its in poor taste, but:

http://www.youtube.com/watch?v=tjY_jB9GeCI

[Smithn]

04:24 PM on 03/09/2010

Still thinning the herd in Texas, I see.

[JoeMentia]

05:02 PM on 03/09/2010

They've got a long way to go.

[Smithn]

09:30 PM on 03/09/2010

{{{Fanned}}} because your name reminds me of the 'Bob & Tom Show' --Joe Mentia was the Lieberman bit.

[HarryBalsonya]

04:19 PM on 03/09/2010

Like we blame rush and beck when someone kills an abortion doctor, we can now blame Obama for this, since he and the rest on the left have been demonizing financial institutions for the last year.

[aseasonforreason]

02:27 AM on 03/10/2010

Sure, once the libs start chanting "lynch 'em!" and holding prayer vigils to will people dead...

[markscoular]

11:50 AM on 03/10/2010

Not sure where you have been (perhaps Glennbeckistan) however I don't beleieve you heard anyone calling for an armed rising or hope for failure of America except those that profit from screaming.

[Stockbroker38]

03:53 PM on 03/09/2010

The seeds have wrath have been planted. I fear the day when that first Manhattan big bank office window is broken -- I hope it doesn't happen, but it will. That's when we can welcome Police State USA.

Thanks banksters!

[Y3rMawm]

07:02 PM on 03/09/2010

I fear you are right. Unfortunately, mob justice is swift, and gives little consideration to reasonable doubt. What comes after is every bit as bad