Friday, March 14, 2014

NYC trader suicide becomes 11th this year in financial community...

The financial world suffered another apparent suicide this week, as a New York City trader ended his life by throwing himself in front of an oncoming train.

The incident occurred Tuesday morning around 6 a.m. in Syosset, New York, when 47-year-old Edmund Reilly was struck by a Long Island Rail Road commuter train. Declared dead at the scene, Reilly’s identity was confirmed by LIRR, which also stated an investigation was underway.

According to the Daily Mail, Reilly’s suicide marks the 11th time this year that an employee in the financial world has taken his or her own life. Witnesses said they saw Reilly – who worked for Vertical Group in Manhattan – standing near the tracks before jumping in front of the train.

Speaking with the New York Post, a family friend said he saw Reilly over the weekend and that he “didn’t look good.”

“Eddie was a great guy,” said Vertical Group managing director Rob Schaffer to the Post. “We are very upset and he will be deeply missed.” Full story...

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