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Goldman Managing Director Found Dead In Apparent Kite Surfing Accident
Police are still investigating the tragic death of 39-year-old Goldman Sachs Managing Director Nicholas Valtz this weekend. As Bloomberg reports, Valtz, a "novice kiteboarder," was found dead yesterday by family members who went searching for him after he didn’t return from a kiteboarding outing. While there is no accusation of suicide in this case, it sadly brings the number of young financial services executives deaths to 16 this year.
Nicholas Valtz, a managing director in cross-asset sales at Goldman Sachs in New York, was found in Napeague Harbor off the coast of Long Island, according to the East Hampton police. Valtz, 39, was a “novice kiteboarder” and was found floating in the water secured to his kite, police said in a statement released yesterday. Other kite gear was found in a grassy area of the harbor, police said.
Valtz, who joined Goldman Sachs in 2000, was promoted to managing director in 2010. His wife, Sashi Valtz, also works at Goldman Sachs as head of global third-party research sales, according to her LinkedIn profile.
Police are still investigating the death, according to the statement.
...
In March 2008, Valtz shaved his head to raise money for childhood cancer research, according to the website for St. Baldrick’s Foundation. Valtz enjoyed technology products and fast cars, according to the website for his brother-in-law’s 2012 wedding in which he was a groomsman.
* * *
This is the 15th financial services exective death 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.
12 - Jan Peter Schmittmann, 57, the former CEO of Dutch bank ABN Amro found dead at home near Amsterdam with wife and daughter.
13 - Li Jianhua, 49, the director of China's Banking Regulatory Commission died of a sudden heart attack
14 - Lydia _____, 52 - jumped to her suicide from the 14th floor of Bred-Banque Populaire in Paris
15 - Julian Knott, 45 - killed wife and self with a shotgun in Jefferson Township, New Jersey
16 - Nicholas Valtz, 39 - killed in apparent kiteboarding accident in Nepaugue Harbor, Long Island.
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banksters....
Deleted
Yes he was.
THE SQUID got him!
As they say, he died doing what he liked.
...swimmin' with the fishes.
Am I the only heartless bastard that hears Queen in the background?
"and another one gone, and another one gone...another one bites the dust"
We ready for a bankster dead pool around here? How long before Blythe gets it?
"tragic" is not the word that comes to my mind.
Shit! That was quick. It seems only a minute ago I was blabbering away and said
http://www.zerohedge.com/news/2014-07-20/2-charts-have-bofa-worried-about-greater-correction-stocks#comment-4982814
ZH Must Be The LAST PLACE This Guy Would Have Wanted His Mug To Appear...
Why am I smiling? Was it something I read?
Well, at least they're getting more creative in their suicide efforts.
I mean, jumping off buildings is so 1929, and the family murder/suicide thing is a little over the top.
The nail gun was a nice touch, a little questionable, but its keeping us glued to the screen.
I wonder what the insurance payout to the company will be on this one.
And, they spared the wife on this one, must still find her useful.
Got to be a way to start a lottery on this action.
(might speed things up a bit)
Let's pool our money and buy Jon Corzine a kite surfing board and a nail gun for Christmas.
My thoughts exactly, Pure. Kiteboard, eh? Hell, and I thought a nail gun was creative.
"...it sadly brings the number of young financial services executives deaths to 16 this year"
NO! It's NOT.
Next?
The beauty of a watery death, as a method of murder, is that no one can say whether he slipped, hit his head on the board and drowned, or or if one of Goldman's Lucca Brazzis hit him on the head and held him underwater. Likewise with that other, amazingly frequent, murder technique, forcible defenestration from tall buildings. Did he jump? Was he pushed? No way to tell from the body lying on the sidewalk.
I wonder if GS has "Key Man" life insurance on its execs like many Big Corps do... i mean with an "accidental death" and Double Indemnity Clause...who knows how much a corp can get? My brother's company has a $1 million one on him.
"Double indemnity is a clause or provision in a life insurance or accident policy whereby the company agrees to pay the stated multiple (i.e., double) of the face amount in the contract in cases of death caused by accidental means. This includes murder by a person other than, and not in collusion with, the beneficiary of the insurance policy, and most accidental deaths."
http://en.wikipedia.org/wiki/Double_indemnity
Creepy.
Got Hunter Biden's smile....
Damn. It used to be concrete shoes. Now it's concrete kiteboards?
Fifteen down, thousands to go.
Lets give to the greater good
Anyone else want to have a turn?
Hmmm, that isn't the nice little boy that mummy taught me to be. Perhaps I've spent too much time here.
.
did he want out? say the wrong thing? or simply know to much... the the latter, how many more fall into that catagory?
maybe he was high as a kite
Based on his hairdo, he was after Lloyd's job.
Could explain a lot.
Sum Ting Wong, no, you are not.
"While there is no accusation of suicide in this case, it sadly brings the number of young financial services executives deaths to 16 this year".
The sad part, are the low numbers.
SACKMEN GOLD...
Gold men's scrotums.
.
What's that, screwing over a Muppet? Or maybe kicking a puppy?
Nail guns were sold out at Home Depot......
It was dem dere Rooskies what shot 'im down whiles he wuz in dat kite thingy, I tells ya! Dey got dem dere Buktoof antee-aereoplayne nailgunz all over da place - seen it on da teevee, I did! An i heared dat Bush soled 'em to the Rooskies inna first playce!
Best take on this is to be found over at Pam Martens' site:
http://wallstreetonparade.com/2014/07/three-new-jpmorgan-it-deaths-include-alleged-murder-suicide/
http://wallstreetonparade.com/2014/07/between-suspicious-deaths-and-cy-vance-criminal-prosecutions-technology-jobs-on-wall-street-are-now-among-the-most-dangerous-in-america/
You do NOT kitesurf alone. ESPECIALLY if you are a novice.
double especiallly if you're not good with a nailgun either
I hope he got chomped by a hammerhead shark to keep with the theme.
Then, thematically, he should get chomped by a giant squid.
Hmmm, like Fredo in The Godfather!
Valtz or Woltz?
https://www.youtube.com/watch?v=YDXKAwzdxn4
True, alien, John Kerry should have gone with him.
Dear Leader's Reptilian Shapeshifitng Palziewalzie.
Ever noticed how much his face morphs from photo to photo
Gets sent to Egypt to straighten out the Gaza thingamajigglies.
Spends time in the "crypt" in the King's Chamer rejuvinating.
"No point mentioning those bats, I thought. The poor bastard will see them soon enough."
- The Good Doctor
RIP HST
I really would like to read whatever Taibbi and Hunter S. could have put together. Maybe add a little George Carlin on the side. John Stewart and Stephen Colbert would be taking notes.
Oh my... Tiabbi and the Good Doctor together....
One could only imagine...
Perhaps a great wish for another go around....
One does not simply kitesurf into Mordor.
Brilliant!
Never do anything you wouldn't want to explain to the paramedics
(guess who)
If you work for Goldman and are a novice kiker please go alone.
The Man Who Knew A Lot, now demoted to The Man Who Tells No Tales.
No Iq :"You do NOT kitesurf alone. ESPECIALLY if you are a novice." he was not alone, the hit team was there too. just as you do not fly a plane full of tourists thru a war zone by chance, you do it as ordered. this was ordered.
alien-IQ re "You do not kitesurf alone ..." :
unless you have a really big ego.
http://www.youtube.com/watch?v=k5BivSNiH8s
Dammit! It would be so much simpler if I just agreed with you.
I still give your idea the better odds.
and....?
ZH doesnt seem to have seen this JPM software programmer.....
http://norwalk.dailyvoice.com/obituaries/naresh-c-shetty-39-norwalk
<---banker scum
<---innocent programer got nuttin to do with the real problem
during the post-mortem, was the proctologist able to remove the nailgun?
Nope, just a gerbil...
DaddyO
Good riddance and thank God that the focus is no longer on dead lawyer jokes, its nice not be the most hated profession anymore.
I think you'll have to settle for a tie.
With Realtors making it a three way tie.
What do you call 535 dead lawyers ?
A good start.
Realtors stink....except for the tiny 1st-grade-teacher-turned-realtor down the street who wears the ultra short mini skirts and tight blouses trying to sell me a house every week.
Some day [when prices correct] I might buy one from her.
Ultra short and ultra tight,
Far as lawyers go after having been one for 23 years with few exceptions they all suck, dumbest worst pieces of shit I have ever come across in my life.
Well, if his death was an, "on purpose" then, it's someone "fixing" something.... So, there should be no joy here.
What is an Investment Banker?
Either a banker who sucks at math or a lawyer who can't win in a court room.
Did they find a nail gun with his gear?
or some Putins cutaways
For as long as QE is not fully unwound, assassinations will proliferate, I fear.
Just wait until you see how many there are if it ever is unwound. These sporadic events will be nothing compared to what will happen when this shit falls apart.
QE will be fully unwound and further more another $10+ trillion will be extinguished, otherwise world drops USD
I think if they extinguish 10+ trillion the usd gets extinguished anyway.
The black swan is the status quo.
Nail gun still in his hand
elites are starting to panic, this is a good sign.
Thart's what I would call a good start of the week !
Killed flying a kite? Damn, banksterin ain't easy!
Kite Surfing should be the new Golden Parachute of these tards!
Golden surfboard?
How'd his pockets get filled with rocks, eh?
At what number do we scream Yahtzi!!!!!
As a Alaska commercial fisherman most summers, we are more likely to die or get injured while -
Recreating, playing, DUI, but not while working.
Probably the same here.
Now nail guns: never mess with one of those. Always opt for the AK-47. Less dangerous
"... 16 this year."
So how many during other years? It may, in fact, be a slow year for banker deaths.
US NAVY Dolfin TEAM #6 did it IMHO.
Good boy, Flipper!
Extra fish for you tonight!
At least they are getting innovative then just jumping of a roof. Nail guns, absailing, falling on knives multiple times ...
If I worked for a major bank and had a middle to higher level position, I'd leave the country.
Jew
I tried to learn that too...I hit the rocks...no more for me...
Though reported at ZH on 26 June, 2014, this banker has been missed in the above list of dead / suicided / murdered bankers, and I think he must be truly included.
http://www.reuters.com/article/2014/06/26/albania-banks-shooting-idUSL6N...
Albanian banker shot dead in Tirana - policeEven the CEO of Bank Frick was covered at ZH but is not included in the list above. http://www.reuters.com/article/2014/04/07/us-liechtenstein-shooting-idUS...
CEO of Liechtenstein's Bank Frick killed in car park: Swiss mediaPlease add them above...so we dont miss any.......
In the good old days the rule No 1 they learned on Wall St was"what goes up will come down." It's different this time.
all dudes
what? no divots in finance?
how about some equal rights??
It is not hard to get seriously hurt kiteboarding. All that would had to have happened is he misjudged the weather got hit with an unexpected wind blast that lifted him up and slammed back into the water with sufficient force knocking his ass out cold and then drowning afterwards.
+1 blame the weather.
I blame the Russians.
Word is according to the State Department it was an unexpected wind blast from Putin's ass.
Doug Haggman has recently revealed the existence of a massive Wall Street surveillance grid conducted between an interlocked triumvirate of the NYPD, the CIA and the banks themselves. And just like the movie, The Firm, the surveillance grid is designed to eliminate all people who could pose a potential threat to bankster operations. Hagmann also revealed that the Senate has looked at financial “irregularities” of JP Morgan in a heavily censored report released in 2013. The cat is out of the bag. These murders represent damage control to keep the plot of a global financial meltdown being engineered by the banksters. Despite the cover-up, there is still enough evidence to conclude that a financial meltdown is in our near future.
the article: http://www.homelandsecurityus.com/archives/10482
Tying up loose ends.
You can't keep zip locks on everyone forever.
The Departed Insured
i almost went kiteboarding, i got a bad eye infection the day i was scheduled for a training session with a teacher.
i think fate was telling me something. kiteboarding is hugely popular in tel aviv and israel. lots of young folks on the beach in dedicated areas with plenty of beautiful huge kites flying around.
it definitely looks dangerous . but fun!
Extreme work environments, places to live etc. the people tend to play hard also.
Little personal ancedote. I was in Manhattan a couple of weeks ago to go see a concert and visit a friend. I walked into a local bar by myself to prime the pump before going into the show while waiting on my friend to get off work, every suit and tie wall street type couldn't finish their drinks and close out their tabs to get the fuck out of there fast enough once I walked in. They know what is up..... The paranoia and fear will do more of them in than anything else.
"...couldn't finish their drinks and close out their tabs to get the fuck out of there fast enough once I walked in."
Sorry Dewey, but unless you're Sasquatch, I'm not understanding what they saw to prompt their hasty departure.
When people have been fundamentally rengineered by the hope and change virus it is fairly easy to stick out like a sore thumb when you ain't been infected by it. Remember we are terrists and raciss for starters according to the social engineers.
They are only reacting in the natural manner they are programmed to react in a police state which NYC is leading the way. Safety over freedom requires a fearful populace to sacrfice freedom for safety. A police state can't exist without fear as a reason to implement safety to take away freedoms.
So what you're saying is, you ARE a Sasquatch.
Yeah a lot of accidents happen when learning to kiteboard. Once you get decent at it it is pretty safe. Lessons and a safe location are a must when starting out. Safe location means nothing nasty (fences, trees, cliffs, parked cars etc) to bounce off of when you get dragged somewhere you didn't mean to go. Also, spending a lot of time on land learning to fly a small trainer kite is a good idea.
Me, I prefer windsurfing but most of my friends have switched to kiting.
What if all these deaths are a plot cooked up by a spin off from Occupy Wall Street? Maybe they're calling themselves D-Occupy Wall Street - "making 'em pay one way or another"?
Where can I apply? Want to get into the fun!
Did someone of you see the movie THE EAST? Nice topic.
Karma is a bitch!
I think Kite Boards should be stocking stuffers for all of Goldmans management for Christmas 2014...
I thought Goldman already had a Kike Board? Oh.... wait, my bad, sorry.
ladies and gentlemen sum silence for brad,chad whatever his name is.
a sad day indeed for masons literally everywhere.
next
Ah getting creative, I look forward to the first one found drowned in his foot spa.
If Sashi starts acting like she just won the lottery and then gets a promotion, we should be on track for 2015!
Pass the Popcorn...
Nom nom nom...
Saturnian sacrificial signal to empty the Gold (Goldman) vaults (Valtz)?
Yes, he looks like a pseudo bald 39 year old moron.
His hair and American's rights have a lot in common
They were both willingly given up to help the children
I hope he had sunscreen on that head..man those scalp burns hurt..
Loose lips sink corrupt central banksters.....
I wonder what kind of insurance Goldman had on this guys head
He knew too much... or too little?
Bet he was confused when the "instructor" tied the rope around his neck.
Nice to see a dead squid for once, hope there are many more.
...and he won't be down on Wall Street in the morning...
In a New York minute, everything can change...in a New York Minute...
I'm sorry for his family
but his profession may overtake Alaskan crab fishing as the most dangerous job in 'Merika
eyewitnesses ??? you have to practice letting go of the bar..... o/w you can find yourself high in the air or slamming into something. sounds simple but goes against human nature in a panic situation... instinct is to hang on...
http://www.youtube.com/watch?v=d4J9mHbJIgo
Sloopy was told as much many decades ago:
https://www.youtube.com/watch?v=TlTKhPkZSJo
Only time I've commented. I've been kiteboarding for 14 years and still instruct part time in one of the prime locations (Outer Banks, NC). As others have said there are plenty of ways to get hurt in this sport without proper training and precaution. One other comment: I've taught my fair share of the younger one percenters who gravitate to this sport, and quite often they tend to be cocky thinking they can master kiteboarding as quickly as they achieved financial success. Like many high level sports (and investing) humility, common sense, patience and perseverance are critical. Not exactly the typical character traits of a Goldman director
That is GREAT!!! I hope he broke his phucking neck. Everyone should send a banker a kiteboard!!! The more dead bankers the better.
Fuckin A, They tell us we have to hate the Muslims,the Palestinians,the Syrians, the Iranians, and now the Russians.
The only ones that truly deserve the hate are those fucking criminal bankers.
"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks."
John Dalberg Lord Acton
The ONLY World War that needs to be fought.
That's too quick. I like to think he got tangled in his lines and drowned. Not that uncommon with kitesurfing noobs.
It may have been a check kiting incident, being a banker and all....
No doubt Russian-backed Seperatists shot him down. Moar sanctions!
Who goes in an retouches all of the eyebrows on these people? Is this some sort of sick NSA joke?
So...if I'm Goldman, I insure this guy's life for maybe 20 million through GEICO, collect, and as per previous understanding, kick 10 mill back to Warren.
How can one call the death of anyone to do with Goldman Sucks and the rest of the jewish Mafia, "Tragic"????
One less G/S employee at any level who renders himself extinct thru risky behavior is the Universe trying desperately to make things a tiny smidge aright.
There will always be an England.
At least Newton's laws apply to this guy.
C'mon man, it should be obvious that these guys are assuming new identities, and checking out of the USA, and into somewhere else, Switzerland?
Tragic? Nope.
and somewhere there is a rich trophy widow or Girlfriend needing some consolation. FIRST! Well, maybe I'll wait for any bankster bodily fluids to clear the system. SECOND!
Man, really? Death through kite surfing? This will take ages until we get rid of all of them....too slow. There must be something else.
Maybe they could all fly in groups to Banking conferences in Kuala Lumpur and take Malaysian Airlines.
Kyke surfing?
Someone shot his kite down with a nail gun.
he was murdered....let's find out how much life insurance the squid had on him
". . . it sadly brings the number of young financial services executives deaths to 16 this year."
But how many is that, seasonally adjusted?
Satellite footage shows he was BUKd down by Long Islandian separatists.
Sadly? Fuck him and the kite he flew in on
anyone got a tissue?