And sadly, Hopper's death fits into a pattern that has seen a number of bankers take their own lives since the financial crisis hit in 2008.
The New York Post reports that Hopper grew up in Connecticut, went to college in Indiana and moved to Chicago, where he was a founder of Graystone Partners, which advised wealthy families about investing in hedge funds and private equity. In 1997, he was hired at Lehman, where his division was one of the industry’s top high net-worth management businesses.
Aged 58 when went Lehman failed, Hopper struggled at first to find a job, only to be laid off again soon after from a role at Citi. Although he finally got himself back in the job harness in 2010, Hopper is said to have struggled with the burden of financial problems, and his vanishing wealth and health issues (he is said to have had recent hip-replacement surgery) are thought to have made feel insecure.
Hopper is said to have earned 'in the seven figures' each year at Lehman, but he is also believed to have borrowed heavily against his home about a decade ago to play the penny stock market.
According to the newspaper, Hopper had told his lodger that he had a large insurance policy that he believed would pay out to his loved ones even if he took his own life.
The medical examiner has ruled death by suicide.