Sorry to be a bummer today everyone, the market news is driving many people crazy, literally. This news was just reported:

Reuters Reports:

A 45-year-old Los Angeles man who was apparently distraught over money troubles shot and killed his wife, three sons and mother-in-law before taking his own life, police said on Monday.

The father of three, who was not immediately identified by authorities, was believed to have shot five members of his family and then himself sometime after 6 p.m. on Saturday, a Los Angeles police spokesman said.

It’s “a very tragic scene, total devastation inside this home,” Deputy Chief Michael Moore told reporters at a news conference. “Inside the home, officers discovered six bodies, all belonging to the family that lived at this location.”

Moore added, “We believe this to be a murder-suicide.”

The man, a former employee of major accounting firms who had an MBA in finance but was having trouble finding a job, left three letters in the home detailing his financial difficulties, police said.

“We believe that he has become despondent recently over financial dealings and the financial situation of his household and that this murder-suicide event is a direct result of that,” Moore said.

According to police:

Moore said it was clear to police that the family members were close and “had an affection for each other.” He said the parents had given up their master bedroom to their eldest — who was spending the weekend home from college — “out of respect.”

“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.”

I feel sorry for the family, obviously the man was depressed, what I don’t understand is why he took his family with him. His son, 19-year-old son Krishna Rajaram, was a Fulbright Scholar and honor student at UCLA.This just seems so senseless