[Reader-list] FINANCE: Karthik Rajaram Kills Family, Himself

inder salim indersalim at gmail.com
Wed Oct 8 20:14:15 IST 2008


thanks for forwarding the news item which appeared in all the daily
news papers all over the world.

i remember a Wim Wenders ( i dont remember the title of the film ),
wherein a middle class man kills his wife, his child, a neighbor, and
finally himself. That was quite profound as far as my understanding of
cinema is considered. The reason for the action was triggered almost
by nothing.  The victim-cum-murderer was not a interactive person, and
would easily lapse into some incoherence while speaking to friends in
a party. He was a draftsman working in the office an architect's firm.
Drawing lines on sheets all the day. one can interpret his job of
drawing lines in many ways...

 I dont know how to describe actions like these, because the present
ways of living can drive a man into some depression. Chasing a dream
can land a person into a strange unpredictable domain, which instantly
gives her/him an alien look.

Just a couple of moment ago, he was just one like us, this is how
friends/relatives think after hearing about such a thing..... ,but the
quantum of flux hidden inside a person is difficult to fathom. We were
perhaps  never in a position to judge the other. Our own beings too
can devastate/transform a so called smooth living in a fraction of a
second. No one to blame. The desire has an abstract face too, which
are not familiar with. We are always, perhaps, trying to know  its
form, texture and meaning .  But the element of chaos hidden inside us
perplexes us all the time.

Some one said, Kartik Rajaram was a HAPPY GO LUCKY person, but then
how many amongst are like that. I feel most of times we are surrounded
by situations which are simply meant for fun.

I dont if some psychoanalytic     treatment could have helped him out
the situation. He had perhaps, lost some necessary grains in his
brains. or had replaced them with some other cells which are alien to
us right now.

Only 'Americanism' is not the culprit.

love
is

On Tue, Oct 7, 2008 at 11:18 PM, Naeem Mohaiemen
<naeem.mohaiemen at gmail.com> wrote:
> Father kills family and himself, despondent over financial losses
> By Richard Winton, Evelyn Larrubia and Kimi Yoshino
> Los Angeles Times
> October 7, 2008
> http://www.latimes.com/news/local/la-me-porterranch7-2008oct07,0,523407,full.story
>
> Karthik Rajaram was found dead in his Porter Ranch home along with his
> wife, mother-in-law and 3 sons. Neighbors and coworkers say he was a
> loving father, but 'very intense' and at times unstable.
>
> Karthik Rajaram had fallen hard.
>
> The 45-year-old Porter Ranch financial manager who once made more than
> $1.2 million in a London-based venture fund had lost his job. His luck
> playing the stock market ran out.
>
> On Sept. 16, he bought a gun. He wrote two suicide notes and a last
> will and testament. And then, sometime between Saturday night and
> Monday morning, he killed his wife, mother-in-law and three sons, and
> took his own life.
>
> "This is a perfect American family behind me that has absolutely been
> destroyed, apparently because of a man who just got stuck in a rabbit
> hole, if you will, of absolute despair, somehow working his way into
> believing this to be an acceptable exit," said LAPD Deputy Chief
> Michel Moore. "It is critical to step up and recognize we are in some
> pretty troubled times."
>
> In a letter addressed to police, Rajaram blamed his actions on
> economic hardships. A second letter, labeled "personal and
> confidential," was addressed to family friends; the third contained a
> last will and testament, Moore said.
>
> The letter to police voiced two options: taking his own life, or
> killing himself and his entire family. "He talked himself into the
> second strategy," Moore said. "That that would be the honorable thing
> to do."
>
> Authorities believe Rajaram killed his family and himself after seeing
> his finances wiped out by the stock market collapse, according to a
> source familiar with the case, who spoke on condition of anonymity
> because the investigation is ongoing.
>
> Concern about the family's welfare began Monday morning when Rajaram's
> wife, 39-year-old Subasri, did not show up for her carpool. Friends
> went to the house in the 20600 block of Como Lane, only to find it
> strangely quiet. The morning newspaper lay in the frontyard. The
> family's two cars, a Suburban and a Lexus SUV, were parked in the
> driveway.
>
> When police entered the home in the gated, Spanish-style community,
> they first found the gunman's mother-in-law, Indra Ramasesham, 69,
> dead in a downstairs bedroom. His wife and three sons -- Krishna, 19,
> a sophomore at UCLA majoring in business economics; Ganesha, 12; and
> Arjuna, 7, all named after Indian gods and warriors -- were discovered
> in various upstairs bedrooms, all shot in the head, some with multiple
> gunshot wounds.
>
> Their father was found dead in a bedroom with Ganesha and Arjuna, the
> gun still in his hand, police said.
>
> The Rajarams had lived in the upscale Sorrento neighborhood of Porter
> Ranch for a couple years in a 2,800-square-foot rented house. The
> landlords, another Indian couple, said that the family paid their rent
> on time and that there were no indications of trouble.
>
> Neighbors in the Northridge neighborhood where the family previously
> lived said they were well-liked and enjoyed entertaining guests.
> Except for one night when residents heard a man screaming for hours,
> the family seemed content for the nine years they lived there.
>
> "He loved those kids more than any man I've seen love his sons," said
> next-door neighbor Sue Karns.
>
> But Karthik Rajaram, who held an MBA from UCLA, was a hard-driving
> businessman. He was involved in several financial ventures. Between
> his home sale and another lucrative investment, he should have had a
> pile of cash.
>
> A 2001 article in The Daily Telegraph of London, under the headline
> "Bust, but big bucks for the big boys," called Rajaram a "winner" in a
> deal for NanoUniverse, a Los Angeles- and London-based venture fund
> taken public on the London Stock Exchange.
>
> For a 12,500-pound investment, Rajaram, one of the company's founders,
> received 875,000 pounds -- or about $1.2 million in 2001 dollars --
> after a voluntary liquidation, the newspaper reported.
>
> He also sold his house in 2006, a calculated decision even though his
> wife, a bookkeeper at a pharmacy, did not want to move, their former
> neighbors said.
>
> He sold the house for $750,000, making a sizable profit on a home the
> couple purchased in 1997 for $274,000.
>
> "The market was going down and he wanted to get out before the bottom
> dropped out," Karns said. "I talked to him last December and he said,
> 'I feel I did a good thing by selling when I did.' "
>
> It is unclear how Rajaram invested the cash since then and how he lost it.
>
> In 2003 and 2004, he worked for Greg Robinson, an entrepreneur and
> founder of several companies, at Azur Partners LLC, a management
> consulting agency.
>
> Robinson said he was forced to fire Rajaram because "his life wasn't
> moving in the right direction."
>
> "He had some behavioral problems," Robinson said. "He wasn't reliable.
> . . . He was not an emotionally stable person. It was a real problem
> and would affect any business he was involved in."
>
> The two had also worked together in the Century City office of
> PriceWaterhouseCoopers and Robinson recalled Rajaram as being "a very
> smart guy," who he believed posted a perfect score on his business
> school entrance exam.
>
> Although Karns and her husband said they liked Karthik Rajaram and
> were stunned by the news, they said he was "very high-strung, very
> intense."
>
> "The man was never relaxed," Sue Karns said.
>
> In the Porter Ranch neighborhood, next-door neighbor Kinda Almukaddem
> said she had rarely spoken to the family since they moved in a couple
> of years ago. But in the last two weeks, Karthik Rajaram visited her
> twice asking whether she would be home this past weekend. He urged her
> to keep her side windows shut because he had heard of burglaries in
> the area.
>
> Rajaram seemed nervous -- shaking, pacing and taking notes on a
> notepad as he spoke to her, she said.
>
> "He noticed my side windows were open, the side that my house shares
> with him," she said. "Now, come to think of it, I think he was trying
> to have me close my windows on that side so I wouldn't hear anything."
>
> Police said nobody reported hearing gunshots or anything out of the ordinary.
>
> But on Monday, the neighborhood was far from normal, with police
> leading convoys of media into the gated community. Children at nearby
> Alfred B. Nobel Middle School, where 12-year-old Ganesha Rajaram was a
> seventh-grade honors student, were sent home with notes informing
> their parents of the news.
>
> "This one will shake people to the core," Principal Robert Coburn
> said. "When you think about it, all kids have a mom and dad. And if a
> father can do this to his kids, it's very scary."
>
> richard.winton at latimes.com
> evelyn.larrubia at latimes.com
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