JPM deathThe string of recent banker “suicides” continues as 28 year old former JP Morgan investment banker John Bellando has reportedly jumped from his 6th floor East Side apartment balcony to his death


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.

Bellando is the latest in a string of banker suicides in early 2014 (including a nail-gun “suicide”), which Jim Willie warned SD readers is in actuality the targeted killings of bankers preparing to testify to authorities on FOREX fraud, a claim which has been substantiated by a European banking source who states at least 43 bankers are on the knock off list

 

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  1. Rehashing what I said on zerohedge, until you see the likes of Blythe et al dropping, this isn’t necessarily a good thing.
    To me it is more likely to be the bad guys cleaning up loose ends, or the few bankster punks with an actual conscience feeling the walls close in more than it is actual bad guys paying the price.
     

    • @Hey Dirt:  I KNOW my one-liner is curt, and biting.  Without question there are fine upstanding people, even patriots that are family, friends, frat buddies, etc.  And I truly have the most heartfelt sympathy for them in their time of grief.  With that said, however, the actions of THOUSANDS of these employees at these mega banks are responsible for unspeakable pain that has been inflicted on innocent, law-abiding, hard working Americans who in countless cases have lost everything.  They’ve lost their homes, jobs, life savings, retirements et al.  I write this not as a reclama or justification, but I wanted YOU to know  how I feel about this topic.  And because, most of all, I have come to value your comments, wit, and logical posts here.  May God have mercy on us all!
       
       
       

    • Agreed.  This looks a lot like the big boys cutting the connections between what these mid-level guys have done and the orders from those at the top to do it.
       
      The death of any of our fellow human beings should sadden us all.  In a lot of cases, it is only those at the top who are truly responsible for all the bankster cr@p that has been hitting the fan for the past couple of years.  These middle-men have been trying to earn a living, same as many of us.  The system is the real problem and it needs to be seriously adjusted.

    • It is quite possible to jump from a 6th story and live (especially if you land on a car, ouch!), albeit in a mangled state of existence. If I was going to jump (which I wouldn’t) there are many taller structures which would ensure the job achieves it’s end result without leaving myself in a wheelchair sucking pea soup through a straw and having helpers wipe my bum for the rest of my life.
       
      I know there are stupid people out there, but bankers aren’t that stupid, and being that this is yet ANOTHER banker from the SAME usual suspect firm J.P.Morgue, it is hard for me to believe that there is anything but a cleanup going on. Obviously J.P.Morgue are up to their necks in fraud and the Law is having to dig too deep for their comfort zone, so they are making a statement to their employees that nobody is not expendable? You’re either a ‘company man’ or you are a pavement scraping. Quite the internal loyalty policy.
       
      As someone else has said … where’s Blythe? What pavement has Blythe’s chalk outline on it? any takers? It would be like the Walk-Of-Fame, instead of a Star they get an immortalized chalk outline with their name on it, and the $$$ figure of how many Securities they created/sold in their life indicated under their name; just so the tourists know how big of a fish they were in the Financialized World before they topped themselves or were ‘cleaned’.

  2. I read somewhere about people leaping to their deaths back  in 1929-30.    I was just wandering if anyone knows if this  was happening before the stock market crashed or did  it the “suicides” only happen after the crash ?
    Seems strange its happening at all.

    • IIRC, there was ONE individual who committed suicide by jumping from a NY building in the 1920s.  Somehow, this one guy became a symbol and many people today imagine that it was raining financial people in NY when the market crashed in 1929.  In terms of suspicious deaths in the financial sector, 2013-14 is FAR worse than 1929-30.

  3. We must do what we can for these poor souls.
    We need foam rubber sidewalks downtown. Or maybe a distressed tapeworm bailout, like Tarp.
    Ah, why spoil their fun?  We should install a big PA system on Wall street.
    “Now Diving for Goldman Sucks, the Master of Disaster, the Pope of Dope, Lloyd Buttfiend-
    Lloyd will be doing a 2 1/2 gainer with a full twist!”

  4. OT: But interesting article out of CNBC (I can’t believe I just said that).
    http://www.cnbc.com/id/101497635
    “In the course of February, the Fed’s monetary base expanded by a whopping $104.8 billion, the third-largest monthly increase since the beginning of its asset purchases.”
    The fed is now even overtly lying about the quantity of its monthly asset purchases. Desperate isn’t even it the word. If this doesn’t make you happy to have a stack of pms, I don’t know what will.

    • How about a 1929 style headline in 3″ high letters on the front page of the NY Times?  Not wishing for this but wondering if it is in our future.

  5. DON’T YOU WORRY!! Besides proving again & again that young bankers can’t fly, these banks have now found their conscience in rejecting taking/handling the large sums of cash that are generated LEGALLY in Washington state due to cannabis legalization because (they say) it smells…like cannabis. They’ve started & funded wars and have been a part of overthrowing sovereign govts around the world. And yet now we’re supposed to believe that these criminal too big to jail banks are acting in their firm’s best interest in refusing to handle cash from a legal business, that (supposedly) smells funny??  Those aren’t banks…those are criminal enterprises with customer service and a drive through window.
     

    • Cannabis is legal in WA and CO but not in the USA according to federal law.  I can see why banks that are federally chartered might be a little careful with how they handle this.  
       
      While there are no doubt plenty of psychopathic criminals in the banking business (that IS where the money is, after all), there are also a lot of people who are neither of those things.  Let’s not tar them all with the same brush but pursue those who have broken the law.  By punishing them severely, we could reduce this activity considerably.  Unfortunately, the current regime in DC seems to have very little interest in doing this.  IMO, those who break the law and use banking as a weapon against others should forfeit ALL of their assets AND serve a minimum of 20 years in prison… and not one of those white-collar country-club prisons either but one where HARD TIME is done.
       

    • @NetRanger808
       
      The New York Post is writing about all these suicides…”
       
      Well, good for them!  Maybe they will be able to shame the financial press into covering this.  I haven’t heard a peep about this from either CNBC or FBN.
       

  6. The more relevant question is how many bankers died similarly, say, the year previous to the start of these deaths. If its like 2 then obviously somethings up. If it’s more like half the number, maybe its occupational hazzard.

  7. I’d like to know where the Society of White Dragon’s is that Benjamin Fulford keeps talking about … ?? I hear these guys can be nasty !! As for bankers committing suicide is concerned … What a terrible thing … These poor wretched souls are not innocent … Not any of them. But killing them is harsh … I suggest all known banking criminals be tracked and once caught, the silver liberation army start exacting a little vengeance.. But in a gentle way. My suggestion is we catch them, cut off their toes so they can not run. Next we cut off their fingers so they can no longer steal or feel the soft and sexy curves of $1000.00 per night hookers. Then we cut out their eyes so they can’t see. Stab their ears so they can not hear. And lastly, cut out their tongues so they can not speak. Then we leave them in darkness, prisoners of their own minds … maybe some suffering will lead them through a redemptive process … and if not … Oh well … let them burn … Someone send this to Jamie … plant a seed … let him know … judgement is coming !!! Not from me of course … I’m just a silver sheep looking for a golden lion …

  8. And these cretin, neanderthal, knuckle dragging Machiavellians have the unmitigated gall to decry gold as ‘Barbaric’. If ever there was an oxymoron in statement by speaker, that’s got to ‘take the cake’.

  9. silversavings    so much for taper   For each $10 billion monthly the Fed increases their operations by $10 billion.  The Fed is leveraged 75 to 1 with toxic garbage on their books and they can’t get enough of this crap
    Yellen yaps today–rumor has it that she will taper another $10 billion.   Good luck with that.  No wonder gold and silver are down a bit. They’ve sniffed out.  The rest of the world, particularly the emerging markets will take a serious hurt from more taper, such as it is.  This tapering is going to be used as a FIAT WMD against Russia to boot. How that will play out remains to be seen but Russia can be hurt by this. But the Russians have plenty of weapons of fiscal destruction in their arsenal.  This is all war games with our wellbeing IMO,
    And as for NYPO having trouble understanding banker suicides, these people are either clueless brain damaged morons or processors of disinfo, knowing full well the game is on.  Bankers are like lemmings.  

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