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28-Year Old Former JPMorgan Banker Jumps To His Death, Latest In Series Of Recent Suicides
Not a week seems to pass without some banker or trader committing suicide. Today we get news of the latest such tragic event with news that 28-year old Kenneth Bellando, a former JPMorgan banker, current employee of Levy Capital, and brother of a top chief investment officer of JPM, jumped to his death from his 6th floor East Side apartment on March 12.
From the NY Post:
Bellando, a former investment bank analyst at JPMorgan, is the son of John Bellando, chief operating officer and chief financial officer at Condé Nast. His brother, John, a top chief investment officer with JPMorgan, works on risk exposure valuations.
Several John Bellando emails were cited during testimony at the Senate Finance Committee’s inquiry into the bank’s losses during the infamous London Whale trade fiasco.
Kenneth Bellando — who grew up in Rockville Center, LI, and was a Georgetown graduate — worked as a summer analyst at JPMorgan while in school. Upon graduation in 2007, he was hired as an investment bank analyst and worked there for one year before moving on, according to his LinkedIn page.
The investment banker then went to Paragon Capital Partners, according to his LinkedIn page, until leaving at the end of 2013.
And so another young life is tragically taken before his time, the 11th financial professional to commit suicide in 2014, and the third in as many weeks. How many more to come?
In summary, here are all the recent untimely financial professional deaths we have witnessed in recent months:
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
11 - Kenneth Bellando, 28, a trader at Levy Capital, formerly investment banking analyst at JPMorgan, jumped to his death from his 6th floor East Side apartment.
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What's taking them so long?
Gravity not as strong as it should be?
Hmm ... pushed, shoved, jumped, or still 'sleeping' on the way down? Are their bruise marks around his ankles? The size Bruno-the-Bruiser would leave?
TreadStone continues. Well done, JB.
"No one" suspects.
To put it into perspective, JPM employs 250.000 people .... just saying' now back to regular programming
If you were to ask my opinion, it seems there's a little gender discrimination going on.
And, some racial discrimination too.
Mostly male..........white and asian, what's up wit dat?
I thought they wanted women to serve in combat roles, so where's the first female suicided banker?
Everyone should keep in mind that the vast majority of true bankers in America hate those corrupt motherfuckers on Wall St as much as you do.
will their student loans be forgiven?
"Stay quiet, you wouldn't want to get in an accident like what happened to Mike's brother...."
Twenty eight years old...... Even if he had joined the Dark Side there was plenty of time to turn his life around.
At this rate, they will still outlive cockroaches.
it looks to me that the cause of most of these deaths (especially trading related jumpers) is the dominance of HFT in the industry.
i guess he didnt feel like going to home depot and get nails for his impulse gun
Like Clint Eastwood says, "Dyin' ain't much of a living".
Mick's girlfriend commited suicide last night. I guess money and fame ain't everything.
She was apparently in debt, but probably nothing Mick could not have handled... who knows.
Perhaps an upcoming fallout of HFT is HFS = high frequency suicides.
BOY.... The US Special Suicider Unit Sure Is Busy These Daze...
.
Shennanigans. This guy is smart enough to pick something higher than 6 floors to do the deed.
Exactly my thought. At 6 stories you could land wrong (right?) and just end up paralyzed. A female jumper might try that but a male, much less likely.
Might have been easier just to book a Malaysian Airlines flight
I have no data to dispute this but.... Would that be jealousy about the connected rich kids making the big bucks?
I have also known local bankers to be arrogant pricks too BTW. Of course the worst was a bank president that was also a lawyer so his prickishness might have also come from his JD training.
The vast majority of cops hate the corrupt, power hungry...oh fuck that shit.. you know they wouldn't leave their jobs knowing it meant they'd have to work for a living instead of employ theft as a means to an end. The only thing bankers have against banksters is that they didn't think of it first. Fuckin' troll.
Those "True Bankers" you speak of are only mad they're not in on the big cash.
They all fractional reserve at 40:1 or more.
They all have "Fine Print" in their contract w/their customers that depositor is now a shareholder. This knowledge in the publics hands would bring down these banks. That means they're deceitful bastards.
They all charge usurious rates of interest on their money yet your account (Loan to them) earns next to nothing.
The regionals have caused their share of pain too. (Read asset stripped)
My last (small-town) USA bank manager cheerfully said "everyone knows JP Morgan is evil."
They'll even admit as much to some of us muppets.
Jamie Dimon ....."The strain was more than he could bear"........
There must be some heavy omerta drilled into these banksters when they join the big club. The mob considers it a badge of honor to do your time and keep your mouth shut. The banksters instead throw themselves off buildings and bridges, hang themselves, or find ways to shoot themselves a dozen times with a nail gun.
Is it fear of trial and jail? Shame? Men in Black? Jaime is running a pretty tight operation since he almost got swallowed by the whale.
All goyim?
These must have been the ones with a conscience. And no, I'm not saying that these "suicides" were real.
Anyone who thinks it's great people are commiting suicide should try it themselves.
Most of us are in the business and know what these tragedies are doing to the families left behind.
Don't be a dick.
Pressure. Stress. And maybe a load of guilt? OR: the latest to discover the ruse and has been shown the elevator shaft? Sure is suspicious. Maybe he couldn't cover his puts?
Read my lips... I don't fucking care.
The bankers are doing what they have always done and that is leach off the productive society as much that they think they can steal.
If you are in fact one of them I say fuck you too.
Don't be TOO blind monkey. Could have been your brother. Would you care then?
And thats why education of society is an important step.
Outlaw fractional reserve banking, usury, and fiat currency.
That's anti-Semitic
The only way that could be anti-semitic is if you recognize muslims as the hyper-militant faction of the abrahamic peoples dedicated to genocidally wiping non-Abrahamic peoples off the face of the Earth. If you accept this then you must also accept that the Jew vs. Muslim dichotomy is a lie intended to decieve non-semitic people in order to get them off their guard, in order to kill them more easily, in which case any form of self-defense is anti-semitic.
Sign me up.
Fuck these on-going 'banker suicide' stories are BORING!
What's the current vig on clearing credit/debit card transactions in this brave new (nearly) cashless society? 2-3% on everything? Moneychagers indeed. Who is pushing the cashless society?
Should I not call out everyone who works for Visa-MC-Amex-etc for being part of that abomination? Breaking their backs is the great promise of bitcoin. It remains to be seen if that will succeed or not (disclosure: no position or opinion. Just hopeful). Fuck them all.
So because people are making money you want them dead? How very Trotsky of you.
How about armed revolution? Line them up and shoot 'em, right? Just so long as "them" ain't you or anyone YOU care about, right?
I just thought of a new reality show: put you and your buddies in a closed set for six weeks where you live in a communist utopia, like modern day North Korea or 1950s Leningrad. We can have one episode where we watch you stand in line all day for toilet paper, and then next week's episode is about your re-education regarding cutting the line.
It has a lot more to do with the inherent corruption in the banking system and the fact that bankers have hurt a lot of people. Modern banking itself is a ponzi scheme, and successful ponzi schemes always have victims. Always.
Please learn the difference between making money through means that contibutes to the advancement of societies, and making money through leeching off the prodcution of socities. You sir, are in the latter.
Or possibly bankers are the most conspicuous of the leeches. The token we can all hate on and justify ourselves
while we benefit from the same system that created them.
The love of money has tainted everything in this culture.
"advancement of societies" c'mon now.
"Please learn the difference between making money through means that contibutes to the advancement of societies, and making money through leeching off the prodcution of socities."
Hear! Hear! Well said.
It's not the fact that they make money, it's HOW they make it.
How many baseless assumptions can you make in a single back and forth? Just because I believe Corzine (elder), Madoff and ilk deserve to see the end of a rope does NOT make me against making money.
Try again.
You had me until Bitcoin.
If my brother was a banker... I would disown him - unless you know, he greased my skids..
Turd burglar, what are you doing on a forum for finance and economics if you're not in the business?
Did you think you were joining Fight Club?
Do you simply regurgitate what you read on InfoWars or do you work for Cass Sunstein, hired to submit anti-semitic posts so that DHS and SLPC can point to this site as a place for racists and conspiracy theorists?
Anti-Semitic? Where?
Calling out someone's bias when none was exhibited is a cowards actions.
Hey look over there!! --->. There is a sexisss, racisss, homophobe!! See how that works? Pathetic.
Why the fuck would somebody who uses fiat currency want to know how fiat currency works you fucking dolt?
Hessel,
So you have to be involved in finance/economics to participate in this forum?? News flash - you don't have to spend $200,000 on an MBA from Harvard, or get your information from "approved" web sites, to understand and discuss the issues on ZH. Your comments make you sound like an elitist dickhead . . . . or a troll.
Maybe there just aren't enough stories getting out about the great things bankers do for the greater good of society? In fact, I don't think I've ever heard of one.
"Most of us are in the business and know what these tragedies are doing to the families left behind...."
exactly what business would that b???
the usuary bizness??? where debt based currency is manufactured by your sociopath brethren out of nothingness and then lent at interest to governments ur ilk usurped long ago for which the citizens labor is taxed to repay.
the same debt based currency paradigm which robs every man, woman, and child of their standard of living via debasement/loss of purchasing power while you mother fuckers continue to live high on the hog???
the same debt based currency system that Jackson warned us long ago that if we allowed your kind to gain control over our money that we would end of being forclosed on and slaves to your masters????
man, fuck you...and as for the parents they should have steered their children into honarable endeavors not down the path of the dispicable Rothchilds...
no sympathy here - dick....
Cass Sunstein should pay you double, unless of course he pays you according to your ability, according to your needs.
no need to worry about my pay or my needs as both were satisfied a long time ago by virtue of accumulating that which you MoneyChangers fear...
and u can b coy if u want...
just understand that the day is fast approaching when u will not be able to speak aloud as to what u do for your parasitical living...its your kind that r the endangered feces...
"dying aint much of a living boy....."
so they say
http://www.youtube.com/watch?v=zLRlY46ttfE
"I had ta come back"
I don't see you motherfuckers having a moment of silence for the people of 'Main St.' that commit suidice due to losing everything from Walll Street. So to those of you in 'the business', fuck you.
1 out of 7,000,000,000? As Shillary so aptly put it, "What difference does it make?"
Hell, it aint even a statistic yet!
Well Raymond,
Your fellow thieves have the guillotines waiting for them when this shit bubble, ponzi scheme finally comes down.
Ask those families what they think of that.
Banksters will have no quarter with me.
"Banksters, pol and crats, just more rats."
For low- and middle-class Americans (the latter soon to be an extinct breed), bankers occupy the role of evil incarnate. (I wonder why?)
For the entire world outside of the most developed nations, Americans occupy the very same position. (I wonder why?)
How many times must we be reminded, if you are American and don't live in the local Obamaville or city sewers, you are in global top 20%, the very same stratum bankers occupy within American society.
All a matter of perspective, which as always is sorely, sorely lacking.
Something about glass houses and stones.
And please don't go making the idiotic, vulgar Marxist-Leninist mistake of failing to distinguish between economic classes, such that you end up grouping kulaks (corresponding to middle class) in with petty bourgeoisie (corresponding to upper middle-class) in with bourgeoisie (corresponding to top 10-20%) and capitalists, aristocrats (corresponding to top 10%).
In other words: these are not the bankers you are looking for.
Strange days when the far right is again behaving just like the far left.
You might enjoy this. Not sure who first posted it here. I found it fascinating.
Taped in 2004, Russian general from their version of NASA. Don't agree with all his particular explanations, but he specifically talks about the US being set up to fall. From him, why would the slave masters want to keep around slaves (US FSA) that live so well without working?
https://www.youtube.com/watch?v=rtl7Zt_SU68
Thanks...watched all day...food for thought...
You're wasting your time telling people on this website to be civil, Raymond. This place has turned into a cesspool lately. Lots of bitter people for some reason. Broke-ass losers who get their rocks off reading doom porn? Envious haters who resent anyone else's success? Russians with a stiffy because their gangster is kicking the shit our of our prankster? There are always some good people in the world and some of them are here too but don't think for a minute that most of the current ZH readers give a shit about someone else's death. They have also proved that attitude with numerous comments about the missing Malyasian airliner. Now watch the down arrows explode for this comment. Fuck them.
This ^ (up arrowed your ass)
You hit it on the nail. But, exactly why should anyone give two shits about the machine or anyone who works for it?
Let me be clear, I wouldn’t give two shits if all the Wall Street bankers got swallowed up by a gaping bottomless pit to hell. Even if my family worked there (which they don’t), that’s called collateral.
You think they give two shits about you? Bitches!
I agree with you that the banksters are the scum of the earth. But I don't take any satisfaction in watching suicides and knowing what that does to their families. I would much prefer to see the bastards frog marched into a federal courtroom and given 20-30 year sentences. Then their families can come visit them. I deal with those bastards every day. I know what they are. Death is too good for them; they need to be made to live with the pain and suffering they have caused. But Holder/Our Kenyan President won't do it. And in the meantime the statute of limitations just keeps playing out.
Any banker should consider the risks of starting a family knowing full well that karma is a bitch & indiscriminate when she comes back around. Ask Jon Corzine. Scumbag banker's kids might not know how the way daddy makes a living but the skank wives do & turn a blind eye. Can't fuck people & not expect to get fucked.
>>> Jon Corzine. Scumbag banker's kids might not know how the way daddy makes a living....
At some level, as they mature, the kids do know. And some of the kids, understandably, can't handle it.
Is this actually happening more often, or are we just paying more attention to it?
60 feet? Are you sure you will die? Damn...I would do the communter train thing and time it just right rather than drool the rest of my life, just sayin'.
Head first into water is forgiving at 60 feet ... concrete not so much.
JP Morgan will be contacting Foxconn to get some suicide netting installed. Problem solved.
I take it you're not a candidate for the nail gun opt out then?
We are going to need bigger umbrellas.
It seems like no one with dual citizenship is flying off buildings.
The mafia is more or less efficient?
The epitomy of git-er-done ... or else ...
The sad part is these are the guys who have some morals and get screwed by these TBTF bankers at the top. It is always someone else's fault. When you refuse to lie - the banks fire you - everytime.
Serial killers/Hit Men that focus on bankers are truely doing God's work!
Until Blythe's fetid ham wallet is flying, I'm more convinced, if this is anything, it is the bad guy tying up loose ends or a few OK guys who feel the noose closing then it is anything noble.
Blythe strikes me as having more of a stanky sausage socket
icy slime hole
We'll make ourselves puke yet. LMAO
You might be right, but I'd give it a go .. i'm horned up ...
When I get kicked off this site for being anti-Semitic, I'm coming back as "Blythe's fetid ham wallet "
Deleted
Awwww!
You want to take these people alive. They're the ones who can get you guilty verdicts for the bigger fish.
Silly rabbit, what makes you think there will be courts left at the end of all of this?
But don't you also need a functioning judicial system for a guilty verdict?
American citizen: "Were you an executive in a fraudulent-reserve bank?"
Bankster: "Yes."
American citizen: "Guilty. To the guillotine. Next."
Would anyone in the ny area like to get together and chant "jump" to the bankers sitting in the high-rises?
The boondock saints are working overtime this year..
Yeah, sounds like it took him six days to hit the pavement.
Perhaps he turned his Transponder off
A financial company called...Vertical...? He took the Vertical way out.
Fuck'em all...
Kill'em all...
Its the only way to avoid the March 31 deadline to sign up for Obamacare!
Rock on.... keep lining them up and when all of the overpriveliged, overpaid investment crony banker crooks have done this dance, PROBLEM SOLVED!!!!
I'm sure I am not the only one to note this, but Richard Talley, William Broeksmit and Mike Dueker all attended Northwestern University in around the same time frame.
Now isn't that interesting?
And I thought the construction business was bad....
JPM must have really good death benefits.
I wish I could buy puts on my bankers life insurance...
Like all other corporations, they take out policies on their employees.
Should be illegal.
Is this actually a new trend, or is it something that's always been occurring, and is just now being reported? I remember vaguely that after the Rodney King - related riots in LA the news was all over the fact that '11 people were killed that week' (or some number like that) and then I found out that around 11 people are killed EVERY week in LA.
exactly my point. but, hey whatever, MSM does even worse, so, as ZH gets bigger they have to follow some example for the most established institutions on following breaking, sensational news ...
I think that if you looked at the rate of suicides by professions the number would be within the norm. Where I think you might find anomalies is in the methods. Jumping from buildings, in front of trains and self-inflicted nail gun wounds are not the most common methods of committing suicide.
Highest suicide rates by profession:
http://www.businessinsider.com/most-suicidal-occupations-2011-10?op=1
"How many more to come?"
Not enough until Corzine, Blankfiend, Dimon, and most of the other scum finally jumps too.
As of yet, not one GS employee has made the list. The squid has some catching up to do.
Never the ones that caused it/deserve it/drive others to commit it.
Nope...just the poor saps that need to put food on the table like the rest of us.
28 yrs old, clearly the mastermind of a corrupt system
Very well said.
Given all of the illicit activity over the last ten years or so, I'm guessing there's plenty more young mastermind "suicides" to come.
Guess you can say the same for any massive genocide committed in the past about the young ones following orders.
"Just trying to put food on the table, like the rest of us"
Fuck you bitch, get a clue.
Hank Paulson, #1 scum banker of them all.
JUMP YOU FUCKERS! ALL OF YOU!!
ONE SMALL STEP FOR A BANKER, A GIANT LEAP FOR MANKIND!!
Bearwagon, you first.
Open up the windows,
check out the view and -
Jump You Fuckers! ~Gene Burnett
https://www.youtube.com/watch?v=9TYezSrzUUs
Now that's a hit song with me.
Gravity, bitchez.
to bad they never figured out how to "fix" that one :)
Dead from the 6th floor? Must have been a black swan dive!
That's what I was thinking, ParkAve!
and another dead cat bounce.
my brother fell that far off a cliff in his twenties and walked away, seems a little short to guarantee death. He was one tough fucker so that might have something to do with it, he isn't a spoon fed fucking banker thats for sure
On top of that, I imagine he wasn't already dead when he fell, God Bless Him!
LOL, I'm sure the blood alcohol level in my brothers blood at the time did help as he swears to this day he just relaxed through the fall and the landing didn't really hurt. I checked it out the next day in day light where he fell and it was 60 feet all day long maybe closer to 75
Fuck HFT's how about High Frequency Deaths!!
When will the truth emerge linking all these banker deaths? Matt T., where are you?
Sins of the Father? Sounds like daddy or big brother just got a very clear message.
Is the weather to blame?
fuck him...
lie down with MoneyChanger scum...
expect the worst....
DEATH TO THE MONEYCHANGERS......
The guy is headed to the morgue to get away from the Morgue. I guess he didn't think that one through.
At least he finally became the poster child for being a Good Banker.
Come on guys dont get stingy with the green arrows when we are joking about the banksters dying.
Is this 10 or 11 now? Losing track while the markets push to the moon and beyond.
If the markets are doing so good, why are they killing themselves off? What's that animal that first jumps and the rest follow?
lemming
Lemmings, buffalo, and banksters.
one more scumbag down, keep it coming!
11 so far this year ...
Perhaps it is the beginning of something bigger.
We should be so fortunate?
If anything I see this as bad for "us". This means something huge is coming and the Oligarchs are shutting up people who could incriminate them with "suicides".
I thought ALL bankers had parachutes; golden ones; and always landed in a comfy drop zone all marked out for them.
There is something ghoulish about the TDs; they keep counting these bankers on their way to becoming body-bag material.
Sex and horror - the new gods just aren't so new anymore.
Reminds me of the last shot of "The Vampire's ball" movie with the regretted Sharon Tate. (Old stuff, I admit).
Isnt there an olde saying along the lines of:
Everytime a banker jumps an angel gets its wings.
This guy's job description is a clue...
"works on risk exposure valuations"
Clearly he must have been convinced he could fly. This was not suicide. It was just a form of honest credulity.
Aim for the bushes.
Psssst, I know where there is an apartment for rent on the east side.
I read on some blog that some lunatic called Benjamin Fulford has been talking for years how he and his Chinese pals would start offing western bankers and that would be the ultimate sign for the world that the end of the petro-dollar is near. Gotta love the internet.
And to think....if he'd opted to become a Security Guard insted of a banker.....he'd still be alive today.
Just shows to go ya.