– Another JPMorgan Banker Dies, 37 Year Old Executive Director Of Program Trading (ZeroHedge, Feb 12, 2014):
Ordinarily we would ignore the news of another banker’s death – after all these sad events happen all the time – if it wasn’t for several contextual aspects of this most recent passage. First, the death in question, as reported by the Stamford Daily Voice is that of Ryan Henry Crane, a Harvard graduate, who is survived by his wife, son and parents at the very young age of 37. Second, Ryan Henry Crane was formerly employed by JPMorgan – a bank which was featured prominently in the news as recently as two weeks ago when another of its London-based employees committed suicide by jumping from the top floor of its Canary Wharf building. Third: Crane was an Executive Director in JPM’s Global Program Trading desk, founded in 1999 by an ex-DE Shaw‘er, a function of the firm which is instrumental to preserving JPM’s impeccable and (so far in 2013) flawless trading record of zero trading losses.
There was little detail surrounding the death:
Ryan Henry Crane of Stamford died Monday, Feb. 3. He was 37.
Crane was born Jan. 8, 1977, and grew up in Long Valley, N.J. He graduated from The Delbarton School in Morristown in 1995. He graduated from Harvard University in 1999, after which he spent the next 14 years at J.P. Morgan in New York. He was an executive director in the Global Equities Group.
Crane is survived by his wife, Lauren (nee Pizzotti); son, Harry; parents Mary Jo and Lex of Long Valley, N.J.; brother, Lex of Denver, Colo.; sister, Allison; brother-in-law, John Archard of Arvada, Colo.; parents-in-law, Steve and Carol Pizzotti of Reading, Mass.; brothers- and sisters-in-law, David and Heather Pizzotti of Upper Arlington, Ohio, Stephen and Kristin Pizzotti and Chris and Felicia Pizzotti of Reading, Mass.; five nephews, three nieces; aunts, uncles; and cousins.
Calling hours are Sunday, Feb. 9 from 3 to 7 p.m. at the Leo P. Gallagher Funeral Home, 31 Arch St., Greenwich. A Mass of Christian Burial will be held at 11 a.m. Monday, Feb. 10 at St. Catherine of Siena Church, Riverside. Interment will be held at 1 p.m. Tuesday, Feb. 11 at Puritan Lawn Memorial Park in Peabody, Mass.
Crane’s LinkedIn profile confirming his senior position at one of JPM’s most important market-facing verticals:
Perhaps the empty soulless work got to him. You can have no conscience or humanity to be a true greedy gut.
Or, there is something bad coming down the pike…..he knew it, and could not face losing all his money…..
My mother was fifteen when the 1929 crash happened. Due to the social position into which she was born, they knew a lot of very rich people.
She told me it was the people down to their last millions who jumped out of windows, not those people who lost all. They are people who have become their occupations……and their own soul and being have been buried for good. Such people have no identity beyond what they own…….they don’t understand we own nothing…..we are only given the use of things while we are here. When we die, the balance is back to zero……just as it was when he was born.
The western economy (the entire world actually) has lost all its values, standards and dignity in pursuit of MORE……fill in the blanks. There is nothing else for them, they are empty inside.
I think this is the beginning of a trend. Unless one is indeed a full fledged greedy gut devoid of all humanity, such a life is barren indeed. No matter how opulent the surroundings, living for stuff gets very old….one’s innards feel like a wasteland. To get past the pain, they go after more.
It is akin to drug addiction. It finally reaches the point where one cannot get high, no matter how much they grab. One day, they overdose, and insanity takes over, and window jumping becomes a method of escape.
Very sick society…….we are indeed doomed.