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Another JPMorgan Banker Dies, 37 Year Old Executive Director Of Program Trading

Tyler Durden's picture




 

Ordinarily we would ignore the news of another banker's death - after all these sad events happen all the time - if it wasn't for several contextual aspects of this most recent passage. First, the death in question, as reported by the Stamford Daily Voice is that of Ryan Henry Crane, a Harvard graduate, who is survived by his wife, son and parents at the very young age of 37. Second, Ryan Henry Crane was formerly employed by JPMorgan - a bank which was featured prominently in the news as recently as two weeks ago when another of its London-based employees committed suicide by jumping from the top floor of its Canary Wharf building. Third: Crane was an Executive Director in JPM's Global Program Trading desk, founded in 1999 by an ex-DE Shaw'er, a function of the firm which is instrumental to preserving JPM's impeccable and (so far in 2013) flawless trading record of zero trading losses.

There was little detail surrounding the death:

Ryan Henry Crane of Stamford died Monday, Feb. 3. He was 37.

 

Crane was born Jan. 8, 1977, and grew up in Long Valley, N.J. He graduated from The Delbarton School in Morristown in 1995. He graduated from Harvard University in 1999, after which he spent the next 14 years at J.P. Morgan in New York. He was an executive director in the Global Equities Group.

 

Crane is survived by his wife, Lauren (nee Pizzotti); son, Harry; parents Mary Jo and Lex of Long Valley, N.J.; brother, Lex of Denver, Colo.; sister, Allison; brother-in-law, John Archard of Arvada, Colo.; parents-in-law, Steve and Carol Pizzotti of Reading, Mass.; brothers- and sisters-in-law, David and Heather Pizzotti of Upper Arlington, Ohio, Stephen and Kristin Pizzotti and Chris and Felicia Pizzotti of Reading, Mass.; five nephews, three nieces; aunts, uncles; and cousins.

 

Calling hours are Sunday, Feb. 9 from 3 to 7 p.m. at the Leo P. Gallagher Funeral Home, 31 Arch St., Greenwich. A Mass of Christian Burial will be held at 11 a.m. Monday, Feb. 10 at St. Catherine of Siena Church, Riverside. Interment will be held at 1 p.m. Tuesday, Feb. 11 at Puritan Lawn Memorial Park in Peabody, Mass.

Crane's LinkedIn profile confirming his senior position at one of JPM's most important market-facing verticals:

 

Below is his Finra BrokerCheck profile. Aside from having a license to trade virtually anything and anywhere as someone with his skillset would be expected to, his history was spotless:

 

The circumstances surrounding his death are scarce, but what is most notable is that not only is Crane the second very young JPMorgan banker to pass in recent days, but is also the fourth banker death in under a month. We can only hope this disturbing chain of deaths within the financial industry - one of which involved a nail-gun induced suicide - is purely accidental.

h/t SGT Report

 

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Wed, 02/12/2014 - 18:43 | 4429986 MeelionDollerBogus
MeelionDollerBogus's picture

And now we'd like to welcome everyone to the First Annual Bankster games!
May the Margin Calls be evah in your favahhhhh!

Wed, 02/12/2014 - 18:48 | 4430018 chump666
chump666's picture

"...Let’s go back to bankers. Stack recently chanced upon an obscure piece of government research from 1910 (“I found it a week ago; I’m a connoisseur of dusty papers”) that seems to contradict the idea that bear-market banker suicide rashes are a myth. It’s just one study, a century old, but it did break down U.S. suicide statistics, for the year 1908, by the victims’ occupations. Contrary to the since-established patterns, the study found that a group defined as “bankers, brokers, and officials of companies” was at the top of the list, with twice the average rate of suicide. Stack first dismissed the research as a fluke. Then he learned there was a massive Wall Street panic in October of 1907."

From: http://nymag.com/news/intelligencer/53341/

Now we have an artificial market supported by the academic fools at the Fed that in turn are underwriting the GLOBAL banking system.  Which means, the market HAS crashed, the economy is done and dusted, if it was not for the smoke and mirrors sans the human tragedies, the too would match up. 

Strange days my friends...

http://youtu.be/-NSz-9qqgKE

Wed, 02/12/2014 - 18:49 | 4430022 kurt
kurt's picture

Release the hounds.

Wed, 02/12/2014 - 19:04 | 4430087 pies_lancuchowy
pies_lancuchowy's picture

Accidental death. And his last words were 'please don't shoot'

Wed, 02/12/2014 - 19:03 | 4430093 pies_lancuchowy
pies_lancuchowy's picture

Serial Suicide !

Wed, 02/12/2014 - 19:05 | 4430096 A82EBA
A82EBA's picture

I was trying to show some sheep at work about the bankers suicides but they only believe in MSM, but I cant find it reported in MSM, wtf

Wed, 02/12/2014 - 19:29 | 4430213 Debt Slave
Debt Slave's picture

If it's not MSM then it didn't happen, it's that simple.

Wed, 02/12/2014 - 19:08 | 4430110 LateToTheTable
LateToTheTable's picture

You know, I'm a simple kind of person.  I come to this site each day.  Some stuff is really over my simple mind ~ never developed a taste for gambling (playing russian roulette) at the great casino, but I strive to learn every chance I get.  Mostly I keep my thoughts (disturbing as they are) to myself... I'm not fast enough to run with the big dogs and accept that (gratefully).

Anywho - I come here because I have found some pretty intuitive folks and like to hang around those types.

So, each day I log on and think - can it any more insane?  I'm never disappointed .... Yes, Virginia, there are no limits on insanity.

Keeps me grounded to know the inmates are loose and still running the asylum. 

Question to enlightened ~  Should I seek help for accepting Bat-Shit Crazy for normal?

~..~ signed -

needs to know when to sign the committment papers!

Wed, 02/12/2014 - 21:20 | 4430326 Thought Processor
Thought Processor's picture

 

 

 

 

“Three things cannot be long hidden: the sun, the moon, and the truth.”

(Hindu Prince Gautama Siddharta, the founder of Buddhism, 563-483 B.C.)

 

It all comes out eventually.   The only question is what happens when people like you learn the truth.

In the end we all need to decide what we really stand for.

There is more truth out there for those that are searching.   A warning though- it is not for the faint of heart.

Link:  http://911scholars.ning.com/m/blogpost?id=3488444%3ABlogPost%3A37385

 

Spread it around.  If everyone takes this small step, it alone will be enough.

 

For it is the truth they are afraid of.

 

 

 

Wed, 02/12/2014 - 19:06 | 4430113 LateToTheTable
LateToTheTable's picture

You know, I'm a simple kind of person.  I come to this site each day.  Some stuff is really over my simple mind ~ never developed a taste for gambling (playing russian roulette) at the great casino, but I strive to learn every chance I get.  Mostly I keep my thoughts (disturbing as they are) to myself... I'm not fast enough to run with the big dogs and accept that (gratefully).

Anywho - I come here because I have found some pretty intuitive folks and like to hang around those types.

So, each day I log on and think - can it any more insane?  I'm never disappointed .... Yes, Virginia, there are no limits on insanity.

Keeps me grounded to know the inmates are loose and still running the asylum. 

Question to enlightened ~  Should I seek help for accepting Bat-Shit Crazy for normal?

~..~ signed -

needs to know when to sign the committment papers!

Wed, 02/12/2014 - 19:25 | 4430195 Debt Slave
Debt Slave's picture

Question to enlightened ~  Should I seek help for accepting Bat-Shit Crazy for normal?

No, no. If you do that they will give you psychotropics. Then when the meds wear off you'll get an unexplained and uncontrollable urge to blow away a bunch of people at a post office and then everyone will really be convinced that you are bat-shit crazy and agree that you should be put away forever.

No you're doing fine just the way you are. Just fine.

Wed, 02/12/2014 - 21:02 | 4430513 LateToTheTable
LateToTheTable's picture

Hahaha... ahem.  ;)  Good to know.

 

Wed, 02/12/2014 - 19:13 | 4430136 The Heart
The Heart's picture

997 banksters on the wall...997 banksters on the wall...watch one fall...SEE them all...996 bankters left on the wall....

...996 banksters on the wall...996 banksters on the wall...

Wed, 02/12/2014 - 19:18 | 4430165 nothing can go wrogn
nothing can go wrogn's picture

Think of all those bankers that are still alive.

They're probably washing down handfuls of xanax with vodka and looking through the blinds wondering whose car that is parked across the street? This really can't be good for morale at JP Morgue.

With enough fear, paranoia, distrust and cocaine. This whole thing could spin out of control!

Wed, 02/12/2014 - 19:40 | 4430262 pupdog1
pupdog1's picture

Just for sport and good clean fun, we should all rent black Suburbans and park them across the street from banksters.

Wed, 02/12/2014 - 19:40 | 4430251 pupdog1
pupdog1's picture

I hope this point in the bankstercide process is analogous to the little Dutch boy walking along and noticing an occasional drop of water coming from the dike.

Wed, 02/12/2014 - 19:51 | 4430307 Manipuflation
Manipuflation's picture

I thought about going to buy a nail gun but then I started thinking.  Maybe I could just start lending some of these real guns I have to bankers, at interest of course.  There would an extra fee if I have to pull the trigger.

Wed, 02/12/2014 - 20:02 | 4430365 Government need...
Government needs you to pay taxes's picture

I'm sure this rash of 1%er TBTF suicides has nothing to do with the precarious state of our global scambling racket we affectionately know as the banking sector.  

Wed, 02/12/2014 - 20:29 | 4430412 shinobi-7
shinobi-7's picture

I remember seeing the inscription on the door: "Abandon all hope, ye who enter here." but I forgot if it was JP Morgan or Goldman Sachs.

Wed, 02/12/2014 - 21:07 | 4430525 pot_and_kettle
pot_and_kettle's picture

 

 

 

I don't have anything to add as I'm late to this thread but I often muse after reading some of this ZH stuff:

Honestly 10 years ago these integrated web-link conspiracy theories made me laugh at anyone who uttered them.

 

Less and less now.

Wed, 02/12/2014 - 21:31 | 4430615 Thought Processor
Thought Processor's picture

 

Unfortunately the more you learn the more absurd the touted 'truth' becomes.

I've just learned to question everything and to also to never look down on others out there that do the same.

Wed, 02/12/2014 - 21:06 | 4430530 ramacers
ramacers's picture

another one bites the dust. trickle to torrent?

Wed, 02/12/2014 - 21:23 | 4430592 mijev
mijev's picture

The article still refers to Gabriel Magee's death as a suicide but the London cops seem to think otherwise.

 

http://wallstreetonparade.com/2014/02/suspicious-death-of-jpmorgan-vice-...

Wed, 02/12/2014 - 21:52 | 4430668 q99x2
q99x2's picture

YeeeeeeeeeHaaaaaaaaa!

Rollin rollin rollin

Keep dem doggies rollin

Head em in Head em out

Ride em in Ride em out

Oops there goes another water bug

Still haven't captured one on my camera yet.

But there is hope.

Hey I'm counting the one the Talibanies got too. So that be five.

Wed, 02/12/2014 - 21:55 | 4430692 nathan1234
nathan1234's picture

 

Thats why JPM is referred to as"The Morgue"

Problem for these bankers types is whether they are brought to book by JPM/Goldman etc or the public will lynch them when the truth comes out, as it will eventually.

Their only hope maybe is to come out enmasse and at the same time to vocalise their knowledge.

Maybe Tyler could set a date so they can all rise simultaneously. And maybe Putin could offer them asylum too like they did Snowden

 

 

 

Wed, 02/12/2014 - 22:05 | 4430720 Spankrupt
Spankrupt's picture

And architects are carving their eyes out with compasses. Non-plussed so far. When an underling has something to say then we have a story.

Wed, 02/12/2014 - 22:10 | 4430733 doMiKY
doMiKY's picture

the earth's financial system is in a period of "political" justice...meaning there is no justice...while the son of Mr. Crane will live without a father, there are many sons and daughters of the  people, who were responsible for Mr. Crane's death, who will keep their parents...

 

 

Wed, 02/12/2014 - 22:27 | 4430822 Cacete de Ouro
Cacete de Ouro's picture

I agree with some others posts that this article is pretty much irrelevant. Did the snow storm knock off the bloomberg terminal?

Thu, 02/13/2014 - 15:42 | 4433407 diogeneslaertius
diogeneslaertius's picture

night of the long knives

Fri, 02/14/2014 - 20:12 | 4438171 Dan The Man
Dan The Man's picture

The murders are a warning. 

Do NOT follow this link or you will be banned from the site!