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Last week, Pennsylvania police reported that Gregory Graham was found dead on the tarmac next to four torched cars at his dealership, Colonial Motors. Police ruled the 61-year-old's cause of death was a heart attack and found that the flaming vehicles had broken windows and reeked of gasoline. They also discovered a gas can and rolled newspapers nearby.
From stockbrokers jumping out of windows in the 1930s to Rene-Thierry Magon de la Villehuchet's suicide inspired by Madoff's machinations, death to due to sudden, sickening financial loss is nothing new. And while Graham's death wasn't directly a suicide, the mortal wound was nonetheless self-inflicted.
Sources of Graham's stress were over $420,000 in 2008 federal tax liens and county tax liens in excess of $11,000. The dealership shut its doors after the event, another victim of the recession and dismal auto sales, this time punctuated by human tragedy. Colonial Motors sold Buick, Pontiac, and Jeep vehicles, brands that have been especially hard hit in recent months.
[source: Automotive News]