Banker Suicides Return: DSK's Hedge Fund Partner Jumps From 23rd Floor Apartment

Tyler Durden's picture




 

The summer, thankfully, has been largely bereft of the dismal trend of bankers committing suicide, but as Bloomberg reports, Thierry Leyne, a French-Israeli banker and partner of Dominique Strauss-Kahn, the disgraced former chief of the IMF, was found dead Thursday after apparently taking his own life by jumping off the 23rd floor of one of the Yoo towers, a prestigious residential complex in Tel Aviv. This is the 16th financial services executive death this year.

 

 

Bloomberg reports that Thierry Leyne, the French-Israeli entrepreneur who last year started an investment firm with former International Monetary Fund Managing Director Dominique Strauss-Kahn, has died. He was 48.

Leyne died yesterday in Tel Aviv, according to his assistant at the firm, who asked not to be identified. Le Figaro newspaper reported that he committed suicide.

 

Last year, Leyne joined Strauss-Kahn in establishing the Paris-traded firm Leyne, Strauss-Kahn & Partners after the former IMF head bought a 20 percent stake to help develop the investment-banking franchise of Leyne’s company, Luxembourg-based Anatevka SA. Leyne had taken Anatevka public in March 2013 before joining forces with Strauss-Kahn, commonly referred to in France as DSK.

 

The new partnership -- usually called LSK & Partners by using both men’s initials -- was part of Strauss-Kahn’s efforts to rebuild his post-IMF life after he was charged in 2011 of criminal sex, attempted rape, sexual abuse, unlawful imprisonment and the forcible touching of a chambermaid at the Sofitel hotel in Manhattan. Strauss-Kahn denied the charges, which were later dropped. He settled the maid’s lawsuit in 2012.

And NYTimes adds,

Mr. Leyne, 48, jumped off the 23rd floor of one of the Yoo towers, a prestigious residential complex, according to Israeli officials.

Leyne's Background:

Leyne, who resided in Tel Aviv, built his career as a financier in France, Israel and Luxembourg. He founded the investment firm Assya Capital in 1994 and listed it on Euronext in Paris in 2001. Leyne merged the business with Global Equities Capital Markets in 2010 to provide financial advice and private banking to clients in eastern Europe, Le Figaro reported.

 

Anatevka, which had a market value of 50 million euros ($63 million) when Strauss-Kahn purchased his stake, controlled the merged entity, known as Assya Compagnie Financiere, offering asset management, brokerage, corporate finance and capital investment. Anatevka had a staff of about 100 people in six countries -- Luxembourg, Belgium, Monaco, Israel, Switzerland and Romania -- in September 2013.

 

In 1996, Leyne founded the company Axfin, one of the first independent investment firms in France, according to the website of Assya Capital. Axfin listed on the Paris stock exchange in 1999 before it was bought by Nuremberg, Germany-based Consors Discount Broker AG. Leyne was the supervisory board chairman of Consors France until the end of 2002.

 

Leyne was born in September 1965, according to French public records. He held French and Israeli citizenship, Figaro said. He had an engineering degree from the Israel Institute of Technology in Haifa, his LinkedIn profile shows.

*  *  *

This is the 16th financial services executive death this year...

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 - Thierry Leyne, 48 - jumped from 23rd floor apartment in Tel Aviv.

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Fri, 10/24/2014 - 10:55 | 5372237 buzzsaw99
buzzsaw99's picture

thankfully?

Fri, 10/24/2014 - 10:56 | 5372248 SHEEPFUKKER
SHEEPFUKKER's picture

It's been a while. Welcome back. 

Fri, 10/24/2014 - 10:58 | 5372262 kaiserhoff
kaiserhoff's picture

Well, at least it's no longer accountants and CFOs.

That's something, but what?

Fri, 10/24/2014 - 11:02 | 5372278 BaBaBouy
BaBaBouy's picture

Jump Fed Jump..?..

Fri, 10/24/2014 - 11:03 | 5372285 TheAnalOG
TheAnalOG's picture

Couldn't make it to the 33rd floor?

Fri, 10/24/2014 - 11:11 | 5372348 nope-1004
nope-1004's picture

Can Bernocchio fly?  Mr. Yellen?  Timmaaaaaay?

Push them all.  Fukcers.

Fri, 10/24/2014 - 11:18 | 5372391 LULZBank
LULZBank's picture

Gravity is Anti Semitic.

Fri, 10/24/2014 - 11:21 | 5372407 Divided States ...
Divided States of America's picture

is he the first Jewish banker to take the plunge??? Maybe all these banker deaths right from the start were a to provide a string of events which could help alert other Jews that something is about to happen...AND today is the signal as one of their tribe members took the hit. (for ekm, was this an assasination?)

Its like hes the first seal that jumps in the water and he never made it back up alive...hes the sacrificial lamb to notify the other tribemembers that the waters ahead maybe dangerous and to act accordingly.

Fri, 10/24/2014 - 11:24 | 5372428 new game
new game's picture

truely a recovery i can embrace! retrace, chart plez? hockey stick!

Fri, 10/24/2014 - 11:26 | 5372430 Richard Chesler
Richard Chesler's picture

Another dead jew banker. Thousands more to go.

Fri, 10/24/2014 - 11:27 | 5372439 new game
new game's picture

death of sub-human...

not really a emperical death, nominal.

Fri, 10/24/2014 - 11:29 | 5372463 TahoeBilly2012
TahoeBilly2012's picture

Kinky!

Fri, 10/24/2014 - 11:48 | 5372516 Manthong
Manthong's picture

French-Israeli Banker?

R.I.P. MF

Fri, 10/24/2014 - 13:28 | 5372993 The9thDoctor
The9thDoctor's picture

It looks like Tim Rifat's Psychic Warfare is working like a charm!

For those of you that listen to Rense, you know what I am talking about, lol!

Fri, 10/24/2014 - 13:46 | 5373110 Cathartes Aura
Cathartes Aura's picture

23rd floor you say?

 

doesen't add up to 7, but still, how very enigmatic.

Fri, 10/24/2014 - 14:45 | 5373461 TruthInSunshine
TruthInSunshine's picture

Yoo Towers.

Yahoo. Oojay.

Sat, 10/25/2014 - 13:31 | 5376502 Boxed Merlot
Boxed Merlot's picture

23rd floor you say?...

 

 

And the devil...led Him to Jerusalem and had Him stand on the pinnacle of the temple, and said to Him, “If You are the Son of God, throw Yourself down from here; for it is written,

He will command His angels concerning You to guard You,’

and,

On their hands they will bear You up,
So that You will not strike Your foot against a stone.’”

And Jesus answered and said to him, “It is said, ‘You shall not put the Lord your God to the test.’”

Luke 4:9-12

 

What is it about this ploy that makes it so tempting to the chosen one(s)?  It's certainly not common sense.

On the other hand, do you suppose he scored a perfect 10?

 

jmo.

Fri, 10/24/2014 - 12:40 | 5372758 strannick
strannick's picture

He wasn't disgraced he was framed.

He didn't jump he was thrown.

Fri, 10/24/2014 - 13:41 | 5373083 tony wilson
tony wilson's picture

ohh my

my

sweet baby no

help him

someone help him

ohh the humanity

 

 

fuck him next

next

next

into saturn infinity

 

Fri, 10/24/2014 - 16:10 | 5373910 Shaznardickleze...
Fri, 10/24/2014 - 12:02 | 5372553 ZH Snob
ZH Snob's picture

good one, lulz. 

Fri, 10/24/2014 - 13:32 | 5372996 ajax
ajax's picture

 

 

"Watch out below!" I certainly hope no one was hurt when the creep hit the sidewalk or whatever... I've seen it happen in Manhattan: rich widower bridge champion leapt from her at Central Park South apartment, she died but gravely wounded an innocent pedestrian who just happened to be walking where she was to splat herself. The rich are grotesque even during suicide.

 

Fri, 10/24/2014 - 14:16 | 5373289 ajax
Fri, 10/24/2014 - 11:00 | 5372270 y3maxx
y3maxx's picture

These are not jumps...they are pushed off's.

Fri, 10/24/2014 - 11:17 | 5372295 philipat
philipat's picture

Certainly if it were me, I would much more enjoy 6 Bottles of Mouton Rothschild 82 and a few bottles of Benzodiazepines. So much less disturbing than a freefall like Building 7...

Fri, 10/24/2014 - 12:41 | 5372757 Headbanger
Headbanger's picture

Yeah but it's not the free fall that's so disturbing..

It's the sudden stop.

Fri, 10/24/2014 - 22:40 | 5375209 SAT 800
SAT 800's picture

You got a point there; which brings us back to your avatar.

Fri, 10/24/2014 - 11:27 | 5372432 Ignatius
Ignatius's picture

Watch for the bubble in first floor banker condos.

Fri, 10/24/2014 - 11:59 | 5372521 Toyota echo
Toyota echo's picture

Edit

Fri, 10/24/2014 - 12:00 | 5372523 Toyota echo
Toyota echo's picture

How do I delete 4 multiple posts no delete button?

Fri, 10/24/2014 - 12:08 | 5372566 frankTHE COIN
frankTHE COIN's picture

Follow the instructions on the upper right of the screen. 1) position nail gun to temple 2) squeeze like you mean it.

Fri, 10/24/2014 - 14:05 | 5372534 Toyota echo
Toyota echo's picture

THROWN OFF

JUMPED OFF

Fri, 10/24/2014 - 11:58 | 5372538 Toyota echo
Toyota echo's picture

Thrown off might be a better word? Like Ron Whites bar adventure!!

Fri, 10/24/2014 - 10:57 | 5372249 philipat
philipat's picture

Jump you Fuckers......

Fri, 10/24/2014 - 11:04 | 5372289 Ralph Spoilsport
Ralph Spoilsport's picture

It only takes 15 seconds to reach terminal velocity.

Fri, 10/24/2014 - 16:12 | 5373918 F0ster
F0ster's picture

Zio Banker Velocity = 9.81 NM/S (Newton meters per second squared)

Fri, 10/24/2014 - 11:12 | 5372360 stinkhammer
stinkhammer's picture

i like the trend

Fri, 10/24/2014 - 13:34 | 5373030 Grinder74
Grinder74's picture

But does he leave behind a hot wife/girlfriend who now needs consoling?

Fri, 10/24/2014 - 10:56 | 5372239 Lady Jessica
Lady Jessica's picture

Mossad?

Fri, 10/24/2014 - 13:24 | 5372979 Kirk2NCC1701
Kirk2NCC1701's picture

<--- FSB

<--- Mossad

Fri, 10/24/2014 - 10:55 | 5372241 pods
pods's picture

Gonna be a good weekend! ;)

pods

Fri, 10/24/2014 - 11:10 | 5372345 Divided States ...
Divided States of America's picture

Yup...Ebola in NYC and now this....this weekend is starting off on the right direction!

Fri, 10/24/2014 - 10:59 | 5372242 Dr. Engali
Dr. Engali's picture

"Jumped" .... is that what they are calling it today? Did he happen to have multiple self inflicted nail gun shots  in the back of his head?

Fri, 10/24/2014 - 11:11 | 5372347 Dr. Richard Head
Dr. Richard Head's picture

I declare that it was a drunk Russain, on the 23rd floor, with a snow plow...

Fri, 10/24/2014 - 13:25 | 5372984 Kirk2NCC1701
Kirk2NCC1701's picture

He shoulda carried a Clipboard.  And disposable mask and nitrile gloves.

Fri, 10/24/2014 - 11:26 | 5372436 Bastiat
Bastiat's picture

Ignore the footprint on his butt.

Fri, 10/24/2014 - 11:29 | 5372451 disabledvet
disabledvet's picture

Falling with style!

Fri, 10/24/2014 - 10:56 | 5372245 Jethro
Jethro's picture

AMF.  Adios Mother Fucker....

Fri, 10/24/2014 - 12:02 | 5372547 WillyGroper
WillyGroper's picture

Great replacement for IMF.

Fri, 10/24/2014 - 12:19 | 5372624 nightwish
nightwish's picture

Nobody will mourn one less tribal bankster in the world. I'm surprised it's a Jew who did himself though, being that they usually pin shit on goy to take the fall first

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