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However, that sense of well-being was shattered brutally on Monday, Oct. 6, when police discovered the bodies of the Rajaram family in their home on Como Lane. Karthik Rajaram, 45, had shot his mother-in-law, wife and three children to death before killing himself sometime between Saturday evening and Monday morning...

Author: /time Magazine | Title: Murder-Suicide in California: A Tragedy of the Financial Crisis? | 10/8/2008 | See Source »

...Rajaram, a former financial analyst at PricewaterhouseCoopers and Sony Pictures, left two suicide notes - one for police and another for family and friends - and a will. "I understand he was unemployed, his dealings in the stock market had taken a disastrous turn for the worse," said Los Angeles deputy police chief Michel R. Moore. "This was a person who had been quite successful in this arena." Amid news of the global financial crisis and the credit crunch, this murder-suicide has become emblematic of the times - in its way parallelling the deathly plunges of Wall Street stockbrokers...

Author: /time Magazine | Title: Murder-Suicide in California: A Tragedy of the Financial Crisis? | 10/8/2008 | See Source »

...Rajaram's had been something of an immigrant-American success story. Born in India, he grew up in Bangalore and graduated in 1985 from the now famous Indian Institute of Technology in Chennai (formerly Madras). He went to Los Angeles to earn an M.B.A. from UCLA before working at Sony Pictures from 1989 to 1994, according to a company spokesman. He went on to serve in a small consulting group within PricewaterhouseCoopers dedicated to strategy and operational consulting for motion-picture companies. He left in 1999 to join EHS Partners, a start-up consulting firm. A 2001 story...

Author: /time Magazine | Title: Murder-Suicide in California: A Tragedy of the Financial Crisis? | 10/8/2008 | See Source »

...Rajaram had even been lucky just before California's housing bubble burst, according to his former Northridge neighbor and real estate agent Sue Karns. He sold his home two years ago for $750,000, making a sizable profit on the property he and his wife had purchased in 1997 for $274,000, according to The Los Angeles Times. He then moved to the Sorrento Pointe house, planning to rent for a few years before buying again...

Author: /time Magazine | Title: Murder-Suicide in California: A Tragedy of the Financial Crisis? | 10/8/2008 | See Source »

...sometimes Suma, 16, and Usha, 13, find their grandparents' sense of tradition onerous. The girls like to wear jeans and shorts, which Rajaram abhors. Then Meera steps in as interpreter. "I tell them, 'Your grandparents' definition of pretty is someone in a sari and not someone in short shorts. You've got to remember where your grandparents come from.'" So far, the disputes have been trivial. But trouble could erupt if the girls decide, say, to marry outside their ethnic group. Rajaram is already steeling himself for the battle--and his likely defeat. "I'll try to talk them...

Author: /time Magazine | Title: Families: Simply Grand | 10/11/1999 | See Source »

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