{"id":93197,"date":"2014-03-20T08:10:09","date_gmt":"2014-03-20T08:10:09","guid":{"rendered":"http:\/\/www.thetruthseeker.co.uk\/?p=93197"},"modified":"2014-03-23T09:05:06","modified_gmt":"2014-03-23T09:05:06","slug":"young-bankers-suicide-becomes-twelfth-in-financial-world-this-year","status":"publish","type":"post","link":"https:\/\/www.thetruthseeker.co.uk\/?p=93197","title":{"rendered":"Young banker&#8217;s suicide becomes twelfth in financial world this year"},"content":{"rendered":"<p><!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal<\/w:View> <w:Zoom>0<\/w:Zoom> <w:DoNotOptimizeForBrowser \/> <\/w:WordDocument> <\/xml><![endif]--><\/p>\n<h1 class=\"MsoNormal\" style=\"text-align: center;\">Russia Today &#8212; March 18, 2014<\/h1>\n<div id=\"attachment_93199\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.thetruthseeker.co.uk\/wp-content\/uploads\/2014\/03\/kenneth-bellando.si_.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-93199\" class=\"size-medium wp-image-93199\" title=\"kenneth-bellando.si\" src=\"https:\/\/www.thetruthseeker.co.uk\/wp-content\/uploads\/2014\/03\/kenneth-bellando.si_-300x168.jpg\" alt=\"\" width=\"300\" height=\"168\" srcset=\"https:\/\/www.thetruthseeker.co.uk\/wp-content\/uploads\/2014\/03\/kenneth-bellando.si_-300x168.jpg 300w, https:\/\/www.thetruthseeker.co.uk\/wp-content\/uploads\/2014\/03\/kenneth-bellando.si_.jpg 690w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-93199\" class=\"wp-caption-text\">Kenneth Bellando. Click to enlarge<\/p><\/div>\n<p><span style=\"color: #ccffff;\">A New York City investment banker is dead after allegedly jumping from his apartment building, continuing an alarming streak of suicides that has descended upon the financial world.<\/span><\/p>\n<p><span style=\"color: #ccffff;\"> <\/span><\/p>\n<p><span style=\"color: #ccffff;\">The latest death occurred on March 12, when 28-year-old Kenneth Bellando was found on the sidewalk outside his six-story Manhattan apartment building.<\/span><\/p>\n<p><span style=\"color: #ccffff;\"> <\/span><\/p>\n<p><span style=\"color: #ccffff;\">According to the Daily Mail, police investigators said the case was still under investigation, but that they do not suspect a third party to be involved and that Bellando \u2013 who had been working for Levy Capital since January \u2013 likely took his own life.<\/span><\/p>\n<p><span style=\"color: #ccffff;\"> <\/span><\/p>\n<p><span style=\"color: #ccffff;\">Before moving into his last position, the New York Post reported Bellando worked as an investment banker at JP Morgan Chase. His brother, John Bellando, also works at JP Morgan as an investment officer; the Post stated that multiple emails by John Bellando were presented as evidence during Senate hearings regarding the \u201cLondon Whale\u201d trading scandal.<\/span><\/p>\n<p><span style=\"color: #ccffff;\"> <\/span><\/p>\n<p><span style=\"color: #ccffff;\">Kenneth Bellando\u2019s death now marks the 12th time this year that an employee in the financial world has taken his or her own life around the globe. Bellando graduated from Georgetown University in 2007, and is the youngest banking professional to commit suicide this year.<\/span><\/p>\n<p><span style=\"color: #ccffff;\"> <\/span><\/p>\n<p><span style=\"color: #ccffff;\">Although positions in the banking world can be especially lucrative, they\u2019re also known to place an extreme amount of stress and pressure on individuals. It\u2019s unclear whether or not Bellando\u2019s death is related to pressure at work, but just last month psychologist Alden Cass told CNN Money that investment banking is particularly demanding.<\/span><\/p>\n<p><span style=\"color: #ccffff;\"> <\/span><\/p>\n<p><span style=\"color: #ccffff;\"><em>&#8220;Out of all the sections of finance, no position do I know of that&#8217;s more extreme in terms of the emotional endurance one has to have than investment banking,&#8221;<\/em> said Cass, who also co-wrote \u201cBullish Thinking: The Advisor&#8217;s Guide to Surviving and Thriving on Wall Street.\u201d<\/span><\/p>\n<p><span style=\"color: #ccffff;\"> <\/span><\/p>\n<p><span style=\"color: #ccffff;\">The recent string of suicides began in January, when Deutsche Bank AG&#8217;s William Broeksmit, 58, was found hanged in his home on January 26 after reportedly committing suicide. Two JP Morgan employees are also <a href=\"http:\/\/rt.com\/business\/jpmorgan-third-banker-suicide-655\/\" target=\"_blank\"><span style=\"color: #ffffff;\"><strong>believ<\/strong><\/span><span style=\"color: #ffffff;\"><strong>ed<\/strong><\/span><\/a> to have taken their own lives after falling from buildings in London and Hong Kong.<\/span><\/p>\n<p><span style=\"color: #ccffff;\"> <\/span><\/p>\n<p><span style=\"color: #ccffff;\">Autumn Radtke, the CEO of the digital currency exchange firm First Meta, was also <a href=\"http:\/\/rt.com\/business\/radtke-bitcoin-death-singapore-134\/\" target=\"_blank\"><span style=\"color: #ffffff;\"><strong>found <\/strong><\/span><span style=\"color: #ffffff;\"><strong>dead<\/strong><\/span><\/a><span style=\"color: #ffffff;\"><strong> <\/strong><\/span>outside her apartment in Singapore earlier this month<\/span><\/p>\n<p><span style=\"color: #ccffff;\"> <\/span><\/p>\n<p><span style=\"color: #ccffff;\">Source A New York City investment banker is dead after allegedly jumping from his apartment building, continuing an alarming streak of suicides that has descended upon the financial world.<\/span><\/p>\n<p><span style=\"color: #ccffff;\"> <\/span><\/p>\n<p><span style=\"color: #ccffff;\">The latest death occurred on March 12, when 28-year-old Kenneth Bellando was found on the sidewalk outside his six-story Manhattan apartment building.<\/span><\/p>\n<p><span style=\"color: #ccffff;\"> <\/span><\/p>\n<p><span style=\"color: #ccffff;\">According to the Daily Mail, police investigators said the case was still under investigation, but that they do not suspect a third party to be involved and that Bellando \u2013 who had been working for Levy Capital since January \u2013 likely took his own life.<\/span><\/p>\n<p><span style=\"color: #ccffff;\"> <\/span><\/p>\n<p><span style=\"color: #ccffff;\">Before moving into his last position, the New York Post reported Bellando worked as an investment banker at JP Morgan Chase. His brother, John Bellando, also works at JP Morgan as an investment officer; the Post stated that multiple emails by John Bellando were presented as evidence during Senate hearings regarding the \u201cLondon Whale\u201d trading scandal.<\/span><\/p>\n<p><span style=\"color: #ccffff;\"> <\/span><\/p>\n<p><span style=\"color: #ccffff;\">Kenneth Bellando\u2019s death now marks the 12th time this year that an employee in the financial world has taken his or her own life around the globe. Bellando graduated from Georgetown University in 2007, and is the youngest banking professional to commit suicide this year.<\/span><\/p>\n<p><span style=\"color: #ccffff;\"> <\/span><\/p>\n<p><span style=\"color: #ccffff;\">Although positions in the banking world can be especially lucrative, they\u2019re also known to place an extreme amount of stress and pressure on individuals. It\u2019s unclear whether or not Bellando\u2019s death is related to pressure at work, but just last month psychologist Alden Cass told CNN Money that investment banking is particularly demanding.<\/span><\/p>\n<p><span style=\"color: #ccffff;\"> <\/span><\/p>\n<p><span style=\"color: #ccffff;\"><em>&#8220;Out of all the sections of finance, no position do I know of that&#8217;s more extreme in terms of the emotional endurance one has to have than investment banking,&#8221;<\/em> said Cass, who also co-wrote \u201cBullish Thinking: The Advisor&#8217;s Guide to Surviving and Thriving on Wall Street.\u201d<\/span><\/p>\n<p><span style=\"color: #ccffff;\"> <\/span><\/p>\n<p><span style=\"color: #ccffff;\">The recent string of suicides began in January, when Deutsche Bank AG&#8217;s William Broeksmit, 58, was found hanged in his home on January 26 after reportedly committing suicide. Two JP Morgan employees are also <a href=\"http:\/\/rt.com\/business\/jpmorgan-third-banker-suicide-655\/\" target=\"_blank\"><span style=\"color: #ffffff;\"><strong>believ<\/strong><\/span><span style=\"color: #ffffff;\"><strong>ed<\/strong><\/span><\/a><span style=\"color: #ffffff;\"><strong> <\/strong><\/span>to have taken their own lives after falling from buildings in London and Hong Kong.<\/span><\/p>\n<p><span style=\"color: #ccffff;\"> <\/span><\/p>\n<p><span style=\"color: #ccffff;\">Autumn Radtke, the CEO of the digital currency exchange firm First Meta, was also <a href=\"http:\/\/rt.com\/business\/radtke-bitcoin-death-singapore-134\/\" target=\"_blank\"><span style=\"color: #ffffff;\"><strong>found <\/strong><\/span><span style=\"color: #ffffff;\"><strong>dead<\/strong><\/span><\/a> outside her apartment in Singapore earlier this month<\/span><\/p>\n<p><span style=\"font-size: 12.0pt; font-family: &amp;amp;amp; mso-fareast-font-family: &amp;amp;amp; mso-ansi-language: EN-GB; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;\"><a href=\"http:\/\/rt.com\/usa\/twelfth-banker-suicide-finicial-world-634\/\">Source<\/a><br \/>\n<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Do they know something we don&#8217;t? Or could it be the very nature of the beast they serve in the world of finance has driven them to take their own lives? <\/p>\n","protected":false},"author":39262,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[58,66],"tags":[],"class_list":["post-93197","post","type-post","status-publish","format-standard","hentry","category-Current_Affairs","category-Economics"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/93197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/users\/39262"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=93197"}],"version-history":[{"count":7,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/93197\/revisions"}],"predecessor-version":[{"id":93468,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/93197\/revisions\/93468"}],"wp:attachment":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=93197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=93197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=93197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}