The 11 Most Shocking Deaths In Wall Street History

nancy kissel

Everyone is going to die at some point, but chances are it won’t make the news. 

When it does, it’s usually shocking and we can’t turn away.

We’ve compiled a bunch of those stunning stories on Wall Street for you here.

Some of these deaths include suicides and others are mysterious murders.  

We even found an execution of a trader who committed a white collar crime. 

Wall Street legend Jesse Livermore ended his life by putting a bullet to his brain in a hotel coat room.

Jesse Livermore, known as the 'Boy Plunger' and 'Great Bear of Wall Street' and for anticipating the 1929 stock market crash, ended his life in 1940 by walking into the coat room of a Manhattan hotel and putting a gun to his head pulling the trigger.

His body was found with an 8-page suicide note that in part read, 'My dear Nina: Can't help it. Things have been bad with me. I am tired of fighting. Can't carry on any longer. This is the only way out. I am unworthy of your love. I am a failure. I am truly sorry, but this is the only way out for me. Love Laurie.'

Source: Jesse Livermore: The World's Greatest Stock Trader

'God's banker' was found hanging beneath a bridge in London with bricks stuffed in his pockets.

The death of Roberto Calvi, dubbed 'God's Banker' because of his close-ties to the Vatican, still remains mysterious.

On June 18th, 1982, Calvi, who was ousted as the chairman of Banco Ambrosiano in Italy the day before his death leaving behind a $1.3 billion bankruptcy mess, was found hanging beneath the Blackfriars bridge in London. His pockets were stuffed with bricks and he had thousands of dollars on him.

Initially, it was determined that he had killed himself, but a second inquest overturned that finding. In 2002, an independent forensic report ruled that he was murdered.

Five individuals were put on trial in 2005 and acquitted of those charges in 2007.

Source: The Guardian

Source: The New York Times

A boutique investment bank president shot a man dead after rear-ending his (rented) Ferrari.

Frank Magliato, a part owner of boutique investment bank E.C. Farnsworth & Co., shot a passenger in a car that rear-ended his $70,000 rented Ferrari in the early 80s.

The Chevy station wagon, which bumped into the leased Ferrari, left the scene of the accident.

Magliato later found it parked and waited for the car's passengers to return.

The banker's attorney said Magliato fired a .38 calibre revolver shooting the passenger between the eyes because he was apparently brandishing a nightstick wildly.

The passenger died two days later from massive brain damage.

He told a judge that the shooting ''was a tragic accident' and was convicted of second-degree murder.

Source: The New York Times

Source: People v. Magliato

Billionaire banker Edmond Safra was found murdered in his burned penthouse apartment in Monaco.

In December 1999, billionaire banker Edmond Safra and his nurse Vivian Torrente were found dead in his Monaco home after being asphyxiated by fumes that engulfed the penthouse. Safra was 67.

The cause was determined to be arson.

Shortly after, one of Safra's nurses--an American named Ted Maher--was arrested under suspicion of setting blaze and he was convicted of the crime in 2002.

There are, however, other rumours as to who may have actually started the fire.

Source: Vanity Fair

A Hong Kong-based investment banker was bludgeoned to death by his wife after she sedated him using a milkshake.

'Milkshake murderer' Nancy Kissel was convicted of killing her Merrill Lynch banker husband in their Hong Kong apartment in 2003.

The prosecution argued that she fell out of love with her husband and allegedly served him a milkshake laced with prescription sedatives and later that evening gave him five fatal blows to the head with an 8lb. lead ornament.

A Merrill Lynch colleague of Robert's filed a missing person's report and police later found the banker's body in a sleeping bag rolled up in a carpet.

During a retrial in 2011, Nancy was found guilty a second time sentenced to life in prison.

Source: Bloomberg News

The first deputy chairman of the Central Bank of the Russian Federation was shot by two gunman after revoking a bank's licence.

Andrei Andreyevich Kozlov, who served as the first deputy chairman of the Central Bank of the Russian Federation (1997 to 1999 and 2002 to 2006), was shot and killed by two gunmen in Moscow in September of 2006.

Kozlov died from his injuries at a hospital. His driver was pronounced dead at the scene.

During his career, Kozlov pushed to reform the banking system and he even revoked some banks' licenses for money laundering.

Following his death, some politicians believed that gangsters with ties to the banks targeted Kozlov as a 'contract hit,' the BBC reported.

It turned out a bank exec named Aleksei Frenkel, whose VIP Holding bank lost its licence in June, convinced a colleague to hire a team of Ukrainian taxi drivers to shoot Kozlov, the New York Times reported.

All six people involved were convicted during a jury trial in 2008.

Source: BBC

A rogue securities trader was executed in China after embezzling more than $9.5 million.

Yang Yanming, a rogue securities trader, was executed in 2009 after embezzling 65 million yuan ($9.52 million) and taking the secret of the whereabouts of the misappropriated funds to his grave.

He was the first finance executive in the securities industry to be executed in China.

Source: Reuters

A laid off Deutsche banker died after a kinky fantasy role play with two hookers.

Back in 2010, Colin Birch, a recently laid off assistant vice president at Deutsche, hired a bunch of hookers to fulfil a kinky torture fantasy.

The fantasy: Multiple women come over in jeans and heels, he strips naked, and they walk all over him. Then he ties a noose around his neck and the women verbally abuse him by telling him that he 'deserves to die.' Or, in his words (to the escort company), I want them to pretend they are executioners who are going to kill me. I want them to abuse me by saying I am a useless waste of space who deserved to die. I'll have a noose around my neck and will swing but I'll be wearing a harness. Then they kick the stool from under his feet, laugh, and walk away without looking back.

When they returned, he was dead.

A year later a coroner reported that there is no evidence that the former Deutsche Bank employee who was hanged during an 'execution role play' intended to take his own life.

Source: The Daily Mail

A mortgage trader, who lived a 'rockstar life,' killed himself while facing fraud charges.

Cliff Popper, a mortgage trader from Boca Raton, Fla. who was facing federal fraud charges, killed himself back in January. He was 54.

Popper was charged with fraud in 2007 and was on trial for having allegedly misled 1,000 investors duping them out of about $100 million.

He lived a 'rockstar life' and drove $128,000 BMW Z8, had a box at the Miami Dolphins stadium, owned a $2.4 million condo on South Beach and spent thousands on escort services and porn stars, the Daily Mail reported.

Source: The Daily Mail

A former Wall Street trader and convicted arsonist swallowed cyanide after hearing a guilty verdict in court.

A former Wall Street trader, who was convicted of arson for burning down his Phoenix mansion, popped a cyanide pill after hearing the guilty verdict in court and died minutes later.

Michael James Marin, who once reached the summit of Mount Everest, was convicted in Maricopa County Superior Court 'of arson of an occupied structure' after setting his $3.5 million Biltmore Estates mansion on fire because he could no longer pay his $17,500 monthly mortgage, according to media reports.

Marin swallowed the toxic substance after hearing the jury read the verdict and moments later he started having convulsions and died moments later.

A coroner later confirmed that he had in fact taken cyanide.

Source: CNN.com

A private equity CEO was murdered in his office.

Last week, the CEO of private equity firm was shot dead allegedly by a former business partner who then killed himself, MoneyWeb's Julius Cobbett reported.

The CEO was Julian Williams, 37, the chief executive and co-founder of Basileus Capital. He was allegedly shot by Herman Pretorius, a former business partner at hedge fund Abante Statistical Arbitrage.

MoneyWeb pointed out that the pair had a big dispute earlier this month over the payment of dividends for a company called SA Superalloys.

Source: MoneyWeb

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