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12th Banker Suicide: Another Banker Jumps Off Building in NYC

NEW YORK CITY (INTELLIHUB) — A New York City investment banker is dead after allegedly jumping from his apartment building, marking the 12th highly publicized banking suicide this year.

The latest suicide occurred on March 12, when 28-year-old Kenneth Bellando was found on the sidewalk outside of his six-story Manhattan apartment building.  This suicide came just one day after another investment banker in New York City took his life by jumping in front of a moving train.

The New York Post reported, that Bellando formerly worked as an investment banker at JP Morgan Chase. His brother, John Bellando, also works at JP Morgan as an investment officer; the New York Post stated that multiple emails by John Bellando were presented as evidence during Senate hearings regarding the “London Whale” trading scandal.

For those of you who have not been following this developing story, all year we have been reporting on the suspicious string of deaths that have hit the financial industry.

With a new banker suicide almost every week, even skeptics and mainstream experts are starting to become suspicious.

“Jumping is much less common as a method for suicide in general, so I am struck by the number that have occurred in recent months in this industry,” said Dr. Christine Moutier, chief medical officer of the American Foundation for Suicide Prevention.

“The suicide-research literature doesn’t help very much with the question of why the method of these suicides is so out in the open,” she added.

Those who had high profile deaths, like the man who jumped from the top of the JP Morgan HQ building in Europe are highly publicized, but overall, very few details about any of these deaths have been made public.

All of the details on each story can be found below, and we will continue to keep a running tally in the coming weeks.  Please feel free to comment below, or use our contact information to send us leads and tips on this situation.

String of suspicious deaths: (Intellihub’s running list continues)

1 – William Broeksmit, 58-year-old former senior executive at Deutsche Bank AG, was found dead in his home after an apparent suicide in South Kensington in central London, on January 26th.

2- Karl Slym, 51 year old Tata Motors managing director Karl Slym, was found dead on the fourth floor of the Shangri-La hotel in Bangkok on January 27th.

3 – Gabriel Magee, a 39-year-old JP Morgan employee, died after falling from the roof of the JP Morgan European headquarters in London on January 27th.

4 – Mike Dueker, 50-year-old chief economist of a US investment bank was found dead close to the Tacoma Narrows Bridge in Washington State.

5 – Richard Talley, the 57 year old founder of American Title Services in Centennial, Colorado, was found dead earlier this month after apparently shooting himself with a nail gun.

6 -Tim Dickenson, a U.K.-based communications director at Swiss Re AG, also died last month, however the circumstances surrounding his death are still unknown.

7 – Ryan Henry Crane, a 37 year old executive at JP Morgan died in an alleged suicide just a few weeks ago.  No details have been released about his death aside from this small obituary announcement at the Stamford Daily Voice.

8 – Li Junjie, 33-year-old banker in Hong Kong jumped from the JP Morgan HQ in Hong Kong this week.

9 – James Stuart Jr, Former National Bank of Commerce CEO dies suddenly in Arizona with no explanation.

10 – Autumn Radtke, the 28 year old, American chief executive of Singapore-based virtual currency company First Meta, died mysteriously of an apparent suicide.

11 – Edmund (Eddie) Reilly, 47, a trader at Midtown’s Vertical Group, jumped in front of an LIRR train at 6 a.m. near the Syosset train station.

12 – Kenneth Bellando, 28, a JP Morgan investment banker was found dead on March 12th after reportedly jumping from the roof of his apartment.

Were these bankers killed for knowing too much?  Were they involved in something so unethical that they killed themselves out of shame?  These are the speculations that are rising in the wake of these apparent suicides.

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[H/T Intellihub News]

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Another Suicide – Manhattan Trader Steps in Front of Speeding Train

The New York Post is reporting that Edmund (Eddie) Reilly took his own life on Tuesday Morning by stepping in front of a speeding train near the Syosset station. In doing so he potentially becomes the 11th financial industry suicide of 2014. I say “potentially” because some cases are still unresolved. Here is an excerpt from the report:

A Manhattan trader was killed Tuesday morning by a speeding Long Island Rail Road commuter train, marking at least the seventh suicide of a financial professional this year.

Edmund (Eddie) Reilly, 47, a trader at Midtown’s Vertical Group, jumped in front of an LIRR train at 6 a.m. near the Syosset train station.

He was declared dead at the scene.

Reilly’s identity was confirmed by Salvatore Arena, an LIRR spokesperson, who said an investigation into the incident was continuing.

Passengers on the west-bound express train told MTA investigators they saw a man standing by the tracks before he jumped in front of the train, Arena said.

This is now the 11th suicide and/or suspected suicide in the financial world since the beginning of the year. Here is a list of the previous ten:

There have been a spate of suicides amongst financial services employees since the beginning of 2014. They’ve occurred in London, the U.S. and Hong Kong.  

  1. William Broeksmit, a 58-year-old former senior executive for Deutsche Bank AG, was found dead in at home after apparently taking his own life in South Kensington in central London, on January 26
  2. Karl Slym, the 51 year old Tata Motors managing director was discovered dead on the fourth floor of the Shangri-La hotel in Bangkok on January 27
  3. Gabriel Magee, the 39-year-old JP Morgan employee, who died after plummeting from the roof of the JP Morgan European headquarters in London’s Canary Wharf on January 27
  4. Mike Dueker, the 50-year-old chief economist of US bank Russell Investments was discovered dead near to the Tacoma Narrows Bridge in Washington State on January 31
  5. Richard Talley, the 57 year old founder of American Title Services in Centennial, Colorado, was found dead on February 4 after apparently shooting himself with a nail gun.
  6. Tim Dickenson, who was a U.K.-based communications director at Swiss Re AG, died in late January, in as yet unexplained circumstances
  7. Ryan Henry Crane, the 37 year old executive at JP Morgan died in an alleged suicide just a few weeks ago on February 3 at his home in Connecticut
  8. Li Junjie, 33-year-old banker in Hong Kong jumped from the JP Morgan HQ in Hong Kong on February 19
  9. James Stuart, the former National Bank of Commerce CEO was found dead in Scottsdale, Arizona on the morning of February 19. The cause of death has yet to be announced
  10. Autumn Radtke, the CEO of First Meta, a digital currency exchange firm who was found dead on February 28 outside her Singapore apartment.

Eddie Reilly seemed to be a common stock trader and adding him to this list seems to be a stretch if you are looking to develop conspiracy theories. Though I have a hard time understanding how someone could kill himself with a nail gun in the manner that Richard Talley did, I am not sure that I buy the grand conspiracy of this.

What I believe is that the global economy is crashing and it cannot be stopped. Things will soon change for billions of people who have become accustomed to a certain quality of life. Even for the poorest people that lifestyle is about to take a change for the worse.

I don’t think we should be surprised that some financial workers and executives are killing themselves. They know what is coming and simply do not want to live a life that is perceived by them as “less than what they are accustomed to.”

Could there also be some grand conspiracy in play? Sure. I never say never.

But for a guy who was simply a trader, I doubt he had any major role. I think that life’s pressures simply got to him and part of that may have been the horrible direction in which the economy is heading. You don’t have to be a financial expert to see that coming.

And just like Reilly, a lot of people are going to be hit by a speeding train in the near future.

Please prepare yourself as best you can by stocking up. If things go as badly as some predict it could mean life or death for you and your loved ones.

[H/T Freedom Outpost]