Trader kills self in finance world’s latest suicide (10th banker)

By Michael Gray

March 12, 2014 | 5:45pm

Trader kills self in finance world’s latest suicide

A Long Island Rail Road train pulls into the Jamaica station. A Manhattan trader committed suicide by leaping in front of a different train near Syosset Tuesday. Photo: Riyad Hasan

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.”

Separately:

■  Autumn Radtke, the CEO of First Meta, a cyber-currency exchange firm, was found dead on Feb. 28 outside her Singapore apartment. The 28-year-old American, who worked for Apple and other Silicon Valley tech firms prior to founding First Meta, jumped from a 25-story building, authorities said.

■  On Feb. 18, a 33-year-old JPMorgan finance pro leaped to his death from the roof of the company’s 30-story Hong Kong office tower, authorities said. Li Junjie’s suicide marked the third mysterious death of a JPMorgan banker. So far, there is no known link between any of the deaths.

■  Gabriel Magee, 39, a vice president with JPMorgan’s corporate and investment bank technology arm in the UK, jumped to his death from the roof of the bank’s 33-story Canary Wharf tower in London on Jan. 28.

■  On Feb. 3, Ryan Henry Crane, 37, a JPM executive director who worked in New York, was found dead inside his Stamford, Conn., home. A cause of death in Crane’s case has yet to be determined as authorities await a toxicology report, a spokesperson for the Stamford Police Department said.

■  On Jan. 31, Mike Dueker, chief economist at Russell Investments and a former Federal Reserve bank economist, was found dead at the side of a road that leads to the Tacoma Narrows Bridge in Washington state, according to the Pierce County Sheriff’s Department. He was 50.

■ On Jan. 26, William Broeksmit, 58, a former senior risk manager at Deutsche Bank, was found hanged in a house in South Kensington, according to London police.

http://nypost.com/2014/03/12/trader-throws-self-in-front-of-train-in-finance-worlds-latest-suicide/

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.

http://www.zerohedge.com/news/2014-02-24/another-successful-banker-found-dead

Depending on who you include in the count, as many as nine bankers or traders have died suddenly within the last seven weeks alone.

Daily Mail report put the total higher:

Tragedy: Edmund Reilly ended his life near to the Long Island Rail Road station of Syosset on Tuesday morning

 Tragedy: Edmund Reilly ended his life near to the Long  Island Rail Road station of Syosset on Tuesday morning

There have been a spate of suicides  amongst financial services employees since the beginning of 2014. They’ve  occurred in London, the U.S. and Hong Kong. 

1 William Broeksmit, a 58-year-old  former senior executive for Deutsche Bank AG, was found dead in at home after  apparently taking his own life in South Kensington in central London, on January  26

2 Karl Slym, the 51 year old Tata  Motors managing director was discovered dead on the fourth floor of the  Shangri-La hotel in Bangkok on January 27

3 Gabriel Magee, the 39-year-old JP  Morgan employee, whodied after plummeting from the roof of the JP Morgan  European headquarters in London’s Canary Wharf on January 27

4 Mike Dueker, the 50-year-old chief  economist of US bank Russell Investments was discovered dead near to the Tacoma  Narrows Bridge in Washington State on January 31

5 Richard Talley, the 57 year old  founder of American Title Services in Centennial, Colorado, was found dead on  February 4 after apparently shooting himself with a nail gun.

6 Tim Dickenson, who was a U.K.-based  communications director at Swiss Re AG, died in late January, in as yet  unexplained circumstances

7 Ryan Henry Crane, the 37 year old  executive at JP Morgan died in an alleged suicide just a few weeks ago on  February 3 at his home in Connecticut

8 Li Junjie, 33-year-old banker in  Hong Kong jumped from the JP Morgan HQ in Hong Kong on February  19

9 James Stuart, the former National  Bank of Commerce CEO was found dead in Scottsdale, Arizona on the morning of  February 19. The cause of death has yet to be announced.

10 Autumn Radtke, the CEO of First  Meta, a digital currency exchange firm who was found dead on February 28 outside  her Singapore apartment.

Read more: http://www.dailymail.co.uk/news/article-2579769/Manhattan-trader-throws-commuter-train-mark-11th-suicide-financial-professionals-year-alone.html#ixzz2vr5Wc5an

Related:

Bitcoin CEO found dead in Singapore in apparent suicide (10th)

Another “Successful Banker” Found Dead (9th)

7th Banker has committed suicide

JPMorgan Vice President’s Death in London Shines a Light on the Bank’s Close Ties to the CIA

Why Are Banking Executives In London Killing Themselves?

6th Banker Commits Suicide

4th Financial Services Executive Found Dead; “From Self-Inflicted Nail-Gun Wounds”

Third Banker Commits Suicide Within a Week

Two top ranking American bankers working in  senior positions in London have committed suicide in the space of two days.

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