I wouldn’t know if it was a conspiracy or not, but I do know that suicides skyrocketed after Black Monday (1987).
One of my relatives was a fund manager of a conservative fund, and lost half the funds value the week of Black Monday. Managers of more aggressive funds lost more, often more than the value of the fund.
On Wallstreet, it’s not just about the money, it’s about your status. You might think that a person worth $50M should be OK if they are still worth $20M, but the loss of status is often more painful for these guys.
BTW: My relative had since recovered (the money–not from a suicide attempt!) but recently lost their position this time around. It’s definitely worse this time around IMHO.