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Another Trader Commits Suicide, Brings Total Recent Banker Deaths To 10
For a market that is flirting with all time highs on a daily basis, the recent banker and trader suicide epidemic seems oddly out of place. And yet, it continues to claim even more victims, with the latest casuality being Edmund Reilly, 47, a trader at Midtown's Vertical Group, who as the Post reported, jumped in front of an LIRR train station yesterday at 6 am near the Syosset train station and was pronounced dead at the scene.
More:
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.
“Eddie was a great guy,” Rob Schaffer, a managing director at Vertical, told The Post in an email. “We are very upset and he will be deeply missed.”
The divorced father of three had rented a house around the corner from his ex-wife, Michelle Reilly, in East Norwich, NY.
One family friend, who said he spoke to the trader on Sunday, told The Post that Reilly “didn’t look good.”
This latest death brings the recent banker death tally to 10:
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, found dead in Scottsdale, Ariz., the morning of Feb. 19. A family spokesman did not say whatcaused the death
10 - Edmund (Eddie) Reilly, 47, a trader at Midtown’s Vertical Group, commited suicide by jumping in front of LIRR train
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some people miss the train... jump in front of the train to early... or catch it just in time...
it's what traders do...
We'll all miss John Doe...
now... will my train be delayed because all of this?
"This latest death brings the recent banker death tally to 10".
Too few. Too late.
Yours sincerely,
The whole god damn world
double digits.... sad for the family, but not more than that
ZZzzSnarzzz-kuh! Keh! Gack!
*is it thursday yet?*......
Jump mother fuckers!
This is a much bigger deal than it seems. The Vertical group is a small boutique firm that clears for one of the largest bullion banks out there. It's a German bank too and Reilly (I heard from someone yesterday) ran the commodities desk. If there are people actually standing for delivery he would be one of the ones who would know. This guy clearly knew something and this is the first person that I would actually agree could be a very important piece of the puzzle that seems to be coming apart.
Or I made all that shit up and he was a 47 year old burned out trader (NOT A BANKER) at a no name firm who was probably a miserable divorced dude who got booted from his house to an apartment and was having a difficult time adjusting and just had enough and ZH knows it's another boring green day in the markets so might as well make king world news blush with this one.
jim halpert+michael scott+koi pond= another "suicide"
I was wondering why the lack of banker suicides lately....
You fucking people.
Just because some two-bit nobody trader loses his ass or his wife left him to become a submissive to a big black man or whatever the fuck reason he ended his life doesn't make a trend.
How many days went by when there wasn't a "banker" "suicide"? How may teachers committed suicide in the past week? How many haven't?
Why don't you people step away from the keyboard, go outside, and breath some fresh fucking air?
FFS.
I am Chumbawamba.
Maybe he knew the Ukraine gold was coming to NYC and said something. "See Something - Say Something."
Only thing I can find coming out of Ukraine is a tungsten shipment for delivery to New York,please forward any information about gold.
Agree - how many of the 30,000 annual suicides in the US can be attributed to financiers/bankers/etc. ? How many of them committed suicide last year? What is the base number we have for comparison? And then, after looking at that number for comparison, let's ask if someone is trying to make a story out of nothing?
This one might just be a resukt of the divorce....47 years old fat Irish bald guy renting a house a block away from his precious ex-wife....3 kids plus child support...he probably just said screw it....so this on ZH might be off the "conspiracy" list....
This one might just be a resukt of the divorce....47 years old fat Irish bald guy renting a house a block away from his precious ex-wife....3 kids plus child support...he probably just said screw it....so this on ZH might be off the "conspiracy" list....
+ 100 Fonz
Flux is not prone to up-arrowing comments, generally viewing public opinion pandering as a rather juvenile endeavour. However ...
That comment was excellent, Fonz.
this was funny.
this is what million dollar bonus should have been. instead he was jerkwad.
btw, ZH might also cover the other side of the story ... how many tens of thousands of traders are eating $1000 pizza as we speak ???
just a suggestion, you dont have to go out of your way to actually do it ...
http://www.zerohedge.com/news/2014-03-12/wall-street-bonuses-soar-15-hig...
And yet mugging them would be pointless beyond the immediate gratification I'm sure it would provide.
You might get a piece of $1000 pizza if they're carry a takehome box.
OT: Holy Hot Protestor!
http://weaselzippers.us/wp-content/uploads/2014-03-12T215356Z_987488439_GM1EA3D0GAM01_RTRMADP_3_VENEZUELA-PROTESTS.jpg
Had to share.
computers don't eat pizza.
"Channeling Stocks" dot com graduate course... [He was 'right on track' to get his diploma]
Trend Trading to Win.
Why not just go to Palau instead?? Sheeesh!
So far I see we need to ban nail guns, trains, high buildings, and steep embankments....am I missing anything?
fonestar
why not ban banksters?
if there are no banksters, then there won't be bankster suicides
Banksters are the tough one to ban, there's just too many of them.
Guns are much easier even though there are tons of them made and sold every year.
CT tried to ban those awful guns and the pushback and refusal has been surprising.
Maybe the sheeple are waking up, this poor trader had other problems but just couldn't take it anymore.
Here's an old video reset with new subtitles.
https://www.youtube.com/watch?v=7kZmbulhEbg
We live in interesting times...
DaddyO
CT tried to ban those awful guns and the pushback and refusal has been surprising.
Word is they have 350,000 armed and dangerous felons running around that place.
Pffft. That's just in New Haven alone.
- 322 -
Yeah, 350,000 hedge fund managers that is.
DaddyO, Here is another version of same clip.
Put together by our own KrispKritter. Very, Very funny.
https://www.youtube.com/watch?v=Nf_ZhB0WMv0
The brains and talent around here is amazing...
DaddyO
And chainsaws:
http://www.huffingtonpost.com/2012/03/15/chainsaw-suicide-valerie-nash-c...
Ban air, it fuels fires
Underwater Fire
Didn't one guy die in a car - ban cars. I think someone hung themselves - ban rope, cable, neck ties, and anything else that can be fashioned as a noose.
short HD.
They don't need to ban trains.
The trains just need cattle catchers.
Gofl claps~
Well played.
Gofl claps~
Well played.
Ticket to ride.
Whoop-de-fucking-do!
How many farmers have committed suicide in the last six weeks?
How many teachers have committed suicide in the last six weeks?
How many checkout operators have committed suicide in the last six weeks?
etc.
And in any case... how is this a "banker"?
"Tata Motors managing director Karl Slym"
And... how is this a "banker"?
"a U.K.-based communications director"
ZH starting to make the tabloid press look like it reports hard facts every time.... Desperate!
These messy suicides are just rude. They delay everyone on the trains, and a bunch of people have to clean up the mess. A big hassle for everyone and extremely narcissistic for someone who wants to end it all. Same with jumping off buildings. At least be kind enough to land on another building not in the street. Or jump off a bridge into the river, or the cold, cold sea. Better still, imho, get yourself a shitload of smack and end your miserable life on a euphoric note. Clean and easy. All these "look at me now" deaths are just not doing it for me.
Keep 'em coming...
the next train will arrive in 30 minutes
Now you got me thinking. Were there any banksters on that plane that went missing?
Tyler, can you keep the dates on the tally? We need to map and see where this thing goes parabolic.
“Eddie was a great guy,”....
how original...
and if he had killed some people it would have been:
"Eddie was alway this sillent guy,"...
I appreciate the people that dont decide to take others with them. Want to check out, no problem...but leave everyone else out of it.
http://youtu.be/aW1xlCpICpo
at least the japanese do it in style. they don't bother anybody.
Yea but in the end, the talkers didn't end up killing anybody execpt themselves.
Gotta wonder why he would off himself in such a public way Its gotta be really tough for his family. And why inconvience 1,000s of strangers (unless he wanted to stick it to the LIRR-understandable. LIRR, the scum that automatically get dissbility when they retire). And why do it in such a painful, if quick way.
So many questions.
I've heard the body basically explodes if you jump in front of one of those LIRR express trains.
growing up on LI, I think death by train would be on my list of possibles if I wanted to end it.
He could've taken a few of his colleagues with him, or anyone in the Goldman Sachs building, and I wouldn't have complained.
I would appreciate if you want to check out.....take some evil mo-foooker with you. Wrap yourself in TNT and give Jon Corzine a big fookin hug.
Eddie was a great guy, no chances that the train would miss him...
You are kind of hyperactive with you commenting?
This could be just binominal variation, ie for the same reason all busses seem to arrive at the same time.
Or could be the hyperactive avatar
Everybody at work was wiping the sweat of their brows thankful Eddy didnt decide to take out the office staff with him but instead decided to go out solo.
If I was on that commuter train, I'd take the time to piss on his corpse.
When can we expect to see a rash of politicians start with these antics?
The percentage of suicides amongst bankers is still probably amongst the lowest compared to most occupations as a percentage of the total number of people employed in the finance industry.
@Sudden Debt. You don't know the guy and what motivated him to do it. Are you trying for the Callousness award?
I think it was a bit of sarcasm and he quoted part of the article...... there are some very tasty decaffinated flavors out there...
People, let's all stop and try to appreciate the gravity of the situation.
And the horizontal velocity component too.
This one might actually be a real suicide.
Now before we jump to conclusions (sorry couldn't help it), how do we even know this was related to his job? Maybe he got caught with kiddie porn and the heat was coming down. Nah, probably just blew up his book and was dreading the morning meeting.
Or something may have upset his train of thought.
and derailed he entire life.
Actually I think he was on track.
I hear that train a'comin
It's coming 'round the bend....
Jimi Hendrix sez...
Why such a high number? Is something about to break big time, or were they under investigation or what? Any link between them?
..... The Link? Professional cheaters, living and dying by lying and decpetion.
Train spotting.
Home Depot in Jericho was sold out of nail guns i guess.
Even in death these stupid assholes make life miserable for their fellow man.
Learn to use a fucking belt in a doorway and stop screwing with the trains, bitchez.
A smile won't cross my face until the Rothchilds are doing the lemming thing...
Even in death, this douchebag banker was selfish. Im guessing that caused massive delays for trains which likely caused thousands of people to be late for work.....or school...or whatever.
Jump You Fuckers!
http://www.youtube.com/watch?v=9TYezSrzUUs
East Norwich?!? What a pleb.
I remember when the real players had a standing parlor car rental on a train out of Oyster Bay. I think most of them had limos to meet them in Long Island City. It was a club... and we weren't in it.
The BLS is making a modeling adjust for banker suicides now.
He must of read ZH for the first time the night before!
some pretty cold stuff here.....can't wait for someone you know & love passes............glee at others death.........sick
no ideology or philosophy or economic or political argument in the world is worth or justifies the coldness
I make no excuses, and compleatly agree, but look to the culture we live in today. They are but products of that enviroment. By the time a child has reached the age of 12 they have experienced 10.000 deaths from TV alone.
We have become a cold, ugly society.
Let us pause for a moment of silence for the fallen trader.
Thank you. Now back to your regulary scheduled programming of droning wedding parties and violently inciting rebellion and insurrection of foreign governments without a thought for the thousands of lives we destroy.
Your comment, "can't wait for someone you know & love passes", negates your complaint. Why bother?
Just another victim of divorce and laws going against a penis.
In what is probably the most corrupt high stakes industry on the planet, a little "house cleaning" is bound to happen. It is rather surprising that numbers like this were not reported during the 2009 melt down. The timing of these deaths means something, but we may not know what "it" is until later, if ever.
"The illusion of freedom will continue as long as it's profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery, they will pull back the curtains, they will move the tables and chairs out of the way, and you will see the brick wall at the back of the theatre." Frank Zappa, 1977
These are the 'wise' bankers sparing their families the embarrassment of seeing them on the news hanging from a lamp post or decapitated in a dumpster in some seedy back alley. After all, when the masses realize they have been 'duped' by Washington and Wall St. that is what will happen. The 'dumb' ones are the ones who continue the farse with brazen disregard...
There was another violent banker death today in Beijing, China, where a male former employee committed suicide in the headquarters of China Galaxy Securities.
someone help them.
stop this slaughter
pleassse
mr soros,rockerfella skank,jacob rothschild do something.
forget about save the whale
SAVE THESE FUCKING BANKERS NOW.
show them love
give them a cuddle
stroke them
BS article. As they say , 7th suicide this year in the US by a financier.
Guess what, statistically there probably ought be a little more o this.
Stop spreading CHEAP sensations, while there are some other really interesting stuff going on. Come on, ZH .
My Tally 19 (13 This Year): 11 Bankers (4 JPMorgan) & 8 Financial/Other http://forum.prisonplanet.com/index.php?topic=255098.msg1461016#msg1461016
The VBDX index (Volatility Banker Death Index) just slipped down of its 50 MDA.
Short term Very Bearish, Long term neutral.
Ten finance people scattered around the world of ten billion people and ZH folk slobber over this as if banking is collapsing. Geez.
Agreed.
What happened to the Russian "Me Bank" that was supposed to be seeing a bank run?
A nice dose of ZH alarmism once again.
All these victims are always terrific people. Never a mention as to their pecadillos - just great people who made no enemies or mistakes, never fucked up or kicked the cat. Always loved everyone and were the life and soul of the party.
This bollocks is pimped and pumped GLOBALLY for victim du jour and it sucks. OK - dead trader - sad . But the standard treatment is to read from a pre-written playbook. Have there been any teary eyed interviewees yet? That's stage 2.
And the rewrite wasn't done by me - I was MiMed as I wrote the comment (My! they're getting quick at this..)
A lateral move to the Horizontal Group...
Maybe the last straw was the letter he got from Amazon indicating that the cost of his Amazon Prime membership was going up to $99 a year.
KA-SPLAT!!!!!
http://readwrite.com/2013/04/16/beware-the-wireless-router-security-thre...
http://readwrite.com/2013/04/16/beware-the-wireless-router-security-thre...
Reminds me of a Steven King character "The pusher" had nothing to do with drugs. Okay, now for a recap bankers should avoid, water, tall buildings, nail guns, regular guns and trains. That about cover it?
Oh, I've been just dying to catch that train, too.
No politicians?
.
Passengers on the west-bound express train told MTA investigators they saw a man standing by the tracks, talking to Frank Underwood, before he jumped in front of the train, Arena said.
Fixed it.
Sadly Mr. Reilly was trying to leave this world, possibly in search of another one?
The Only Way to escape this world Alive is through Jesus Christ.
I'm confused.
The report is that he "jumped in front of an LIRR train station." I've never heard of anyone committing suicide by jumping in front of a train *station*. How does that work? Was he killed by passing traffic? Hmmmm.
Good times.
the nail gun incident in CO makes no sense as a suicide because anyone over 21 there can buy a handgun, so how do we know it wasn't an accident?
as usual, no perspective. ten suicides out of how many "bankers" ... in the entire world?
and not all of these ten are confirmed as suicides. at least the nail gun makes no sense at all.
cherry picking?
A sense of humor is the best weapon we have against this dystopian Fabian freakout. Keep your sense of humor, or you could be next.
And the winner is: delusional eugenist Elizabeth Warren and her legions of socialist parasites, who now have 4 fresh victims to work over on our dime. Second place: the necrophiliac at the morgue. Third place: Hot Pockets.
They were doing God's work!
Sounds like this guy was just having a tough time losing his wife and whatnot. Had he jumped off the JPM building that would have been different.
Once a Rockefeller, some visiting Euro Rothschild Weasel, or maybe even a local hedge fund creep splats himself from the top of some glittering NYC Crime Tower it'll be real news.
The nail gun thing, though. Man, that's freaky suspiscious and obviuously homicide.
How many educated professionals commit suicide by jumping in front of trains?
The Witness Elimination Program strikes again.
Wonder if this new suicide or suicided craze will catch on with politicians, hope so.