11/17/2008 05:12 am ET Updated May 25, 2011

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.

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