In an apparent suicide (although murder or accidental death haven't been ruled out), chairman Wayne Pai, of brokerage house, Polaris Securities - Taiwan's third-largest securities firm - was found floating in the waters west of Taiwan late last week.

Pai had been facing a number of inquiries regarding recent stock trades as well as an honorary doctorate that may have received in return for financial patronage. There is no notion as to whether any of this might have played a role in his death.

-- MDT

Labels: Polaris Securities, suicide, Wayne Pai