Yet Another Trader Suicide Rocks Financial World

The financial world has been rocked by the news of yet another suicide after 47-year-old Manhattan trader Edmund Reilly jumped in front of a Long Island Rail Road commuter train on Tuesday morning.

“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,” reports the New York Post.

A friend who spoke to the trader days before his death said that Reilly “didn’t look good.” The father of three had rented a house around the corner from his ex-wife after their divorce.

Whether Reilly’s suicide was spurred by his personal problems or issues at work remains unknown, but his death arrives on the heels of numerous other instances of finance workers killing themselves or dying under mysterious circumstances.

This is the 9th banker/financier in 7 weeks to kill himself.   Unless someone really knows the stats on this, its hard to say if this is out of the ordinary.  Being in this field of work is super stressful.  It’s basically like being in a legal mafia.  I’m sure these people kill themselves all the time. Maybe it’s just that only now we are taking notice.  If this trend continues, I think you will begin to relaize this is par for the course.  These people kill themselves.  And this time, its pretty clear cut suicide it seems unlike some of the others.