A heartbreaking 911 call made by an unidentified friend of “Real Housewives” star Russell Armstrong has been released.  Armstrong had been staying at a friend’s home when he was found dead — a suicide — on  Aug. 15, 2011.  During the call the shaken friend is telling the 911 operator, “My friend just hanged himself … do you understand? Come over here.”

The friend also reveals that Armstrong’s five-year-old daughter is in the house at the time and can be heard telling Armstrong’s wife, Taylor Armstrong, “Have your daughter go away, please.”

Taylor Armstrong is crying during the call and the friend attempts to to calm her down. Tayor can be heard uttering, “I need my psychiatrist.”

The release of the 911 call comes one week after Armstrong’s funeral and word of another mystery. One day after Russell Armstrong was found hanging in a Beverly Hills home, Armstrong’s friend and business partner committed suicide.

Alan Schram was found dead outside his car on Mulholland Drive on Aug. 16.  The L.A. County coroner ruled the death a suicide. He died from a gunshot to the head.

The two men met when they joined the high net-worth investment group, Tiger 21. According to TMZ, Schram and Armstrong developed a close friendship after joining the elite group.

The timing of the deaths rattled the stars of “Real Housewives of Beverly Hills.” The entertainment website claims that at Armstrong’s funeral, the women, including Armstrong’s estranged wife Taylor, were devastated to hear that the friends had committed suicide with days of each other.

Schram worked as the managing partner for the Los Angeles based hedge fund, Wellcap Partners, a company he founded in 2000.

He also wrote online financial articles for the Huffington Post. His last articled posted on July 2011 discussed the nation’s spending and debt crisis.

“I don’t see the point of increasing the debt ceiling if it simply perpetuates our incorrigible spending habits. If this faux crisis forces political will to confront our structural fiscal issues and finally behave rationally, then I would consider it very good news.”

According to his Huffington Post biography, the graduate of UCLA Anderson’s School of Management was no stranger to the business world. He managed investment portfolios since 1997.  Schram served in the Gulf War and  was an officer in the Israeli Air Force.

Unlike Armstrong, who was in $1.5 million in debt, Schram’s financial situation remains unknown. He did not leave a suicide note.

– Jenna Harrison and Eileen Murphy