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12th dead banker/6th jpmorganer?

Nonstop line of deaths at 3 in 3 weeks.

The 11th Dead Banker is Kenneth Bellando who was previously an investment banking analyst at JP Morgan, whose brother is a “top chief investment officer with JPMorgan, works on risk exposure valuations.” and “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.”

As was pointed out in the comments, not one Goldman Sachs squid has swam with the fishes. And it does seem of the 11 there is no Goldman or GS alum. Are they the ones calling the shots? Or calling the shorts?

Tfmetals is said to suggest a link to the London Whale

As it is, JP Morgan accounts for 5 out of the 11 dead, that is almost 50%.

The Banker Count (Masterlist)

2013

1 dead banker from JP Morgan

Jason Alan Salais, December 15 2013 IT specialist (earliest death uncovered it looks, last year)

2014

1st, Deutsche Bank, William Broeksmit, Jan 26

2nd 1st JP Morgan this year UK, Gabriel Magee, Jan 27

3rd (ex Federal Reserve) Russell Investments, Mike Dueker

4th, Swiss Re AG Communications Director, Tim Dickenson

5th, American Title (ex banker), Richard Talley, odd case of death by nailgun to head and chest

6th, 2nd JP Morgan, Ryan Henry Crane

7th, 3rd JP Morgan Hong Kong, Li Junjie

8th National Bank of Commerce, James Stuart Jr

9th Vertical Group trader, Edmund Reilly

http://imaginarymarkets.com/9th-banker-death-4th-from-jp-morgan-jason-alan-salais/

http://imaginarymarkets.com/8th-banker-dead-former-national-bank-of-commerce-ceo/

http://imaginarymarkets.com/10th-dead-banker-9th-this-year-list-grows-longer/

emphasis added

A 28-year old Manhattan investment banker has died in an apparent suicide, police sources said.

Kenneth Bellando, who worked at Levy Capital since January, was found dead on the sidewalk outside his East Side building on March 12 after allegedly jumping from the sixth-story roof, sources said.

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.

http://nypost.com/2014/03/17/investment-banker-leaps-to-his-death/

28-Year Old Former JPMorgan Banker Jumps To His Death, Latest In Series Of Recent Suicides

http://www.zerohedge.com/news/2014-03-18/28-year-old-former-jpmorgan-banker-jumps-his-death-latest-series-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.

Colonel Klink

Colonel Klink's picture

“How many more to come?”

Not enough until Corzine, Blankfiend, Dimon, and most of the other scum finally jumps too.

http://www.zerohedge.com/news/2014-03-18/28-year-old-former-jpmorgan-banker-jumps-his-death-latest-series-recent-suicides?page=1

BanksterSlayer

BanksterSlayer's picture

Ho-hum, another day, another mafia-style hit on people linked to the “London Whale” $100 Billion derivatives loss that Jim Willie keeps talking about. This guy’s family was linked to the JPM investment office … notice that this is yet another SON of somebody in the organization. This particular “suicide” is SCREAMING for people to look at the 2012 “London Whale” fiasco that swirled around one Bruno Iksil.

From Wikipedia:

“The unit was run by Chief Investment Officer Ina Drew, who has since stepped down. A series of derivative transactions involving credit default swaps (CDS) were entered, reportedly as part of the bank’s “hedging” strategy.[1] Trader Bruno Iksil, nicknamed the London Whale, accumulated outsized CDS positions in the market. An estimated trading loss of $2 billion was announced, with the actual loss expected to be substantially larger. These events gave rise to a number of investigations to examine the firm’s risk management systems and internal controls.”

http://en.wikipedia.org/wiki/2012_JPMorgan_Chase_trading_loss

From Jim Willie last week: The Banker Suicides are connected to the ongoing cover-up of the true nature of the infamous “London Whale,” Bruno Iskil, derivative losses at JPMorgan. Jim believes the losses total more than $100 Billion, not the $9 Billion we were all led to believe.

http://www.tfmetalsreport.com/podcast/5576/et-tu-part-two

http://www.zerohedge.com/news/2014-03-18/28-year-old-former-jpmorgan-banker-jumps-his-death-latest-series-recent-suicides?page=4

http://www.tfmetalsreport.com/podcast/5576/et-tu-part-two

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