I have a phantom in my system that keeps popping up seemingly randomly. It only crashes ArcMap but will make it crash repeatedly . I am running 10.2.2, my graphics cards are up to date, I have tried resetting both the ArcMap template and the ESRI profile.
It goes through all the start steps but on Finalizing Startup will close down the program. I have also seen it get past this screen and as soon as I pick a map from recent it will crash. When I am in Arc if I attempt to add a data frame it crash and not be able to restart for a while. I have not found any consistent fix to this. I did a factory re-install of my OS about 2 weeks ago because of this issue and some other minor things.