South Korean Broker Jumps to Death Over Losses

48-year-old sent text apologizing before killing himself
By Mark Russell,  Newser Staff
Posted Aug 10, 2011 8:39 AM CDT
South Korean Broker Jumps to Death Over Losses
A view of Seoul's Han River and riverside, with blocks or residential apartments in the middle ground.   (Getty Images)

The global markets turmoil claims a victim: A South Korean stockbroker committed suicide today after apparently suffering heavy losses, reports the AP. The 48-year-old sent text messages to his colleagues apologizing to them and to his clients for the losses before jumping from his 18th-floor high-rise residence around 7am. The Korean stock market was hit hard last week by global uncertainty, with the Kospi falling to its lowest level since September 2010. (Read more South Korea stories.)

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