*****

  • On 6/2/09 we moved! Visit our new Wall Street Folly site at wallstreetfolly.com


  • Web
    Wall Street Folly

*^*^*^*

  • Apple iTunes OmahaSteaks.com, Inc. wine.com

Categories

^^^^^







  • ;

Copyright / Disclaimer

  • Disclaimer: Wall Street Folly offers gossip, rumors, opinions and highlights news which we believe is important. We're heavy on humor and satire (or try to be), and often focus on the hilarious, the sordid, the salacious, the absurd and the horrific that occurs on Wall Street and beyond. The site relies heavily on reported information from other publications and sites which we hope is correct, but may or may not be -- we can't / won't guarantee it. We cite our sources where applicable. So please do your own research and draw your own conclusions. The site is not a broker, dealer, or investment advisor and any opinions are ours alone and are protected by the First Amendment.
  • © Wall Street Folly

« Pre-market look at futures: Ugly | Main | The Fed and other central banks stepping in with huge coordinated liquidity measures »

Totally sad: UK banker jumps in front of train to his death

Unfortunately, we're bound to hear more stories like this one of a successful 47 year old banker with private equity firm Olivant Advisers who couldn't cope with the credit crisis.  According to the Daily Mail

Kirk Stephenson, who was married   with an eight-year-old son, died in the path of a 100mph express train at   Taplow railway station, Berkshire. 

Mr Stephenson is believed to have   taken his own life after succumbing to mounting personal pressures as the   world’s financial markets went into meltdown. 

New Zealand-born Mr Stephenson, who   owned a £3.6million, five-storey house in Chelsea and a retreat in the West   Country, was chief operating officer of Olivant Advisers.  

Last year, the private equity firm   tried to buy a 15 per cent stake worth almost £1billion in Northern Rock   before the bank was nationalised, bidding against Virgin boss Sir Richard   Branson.

Credit crunch banker leaps to his death in front of express train - Daily Mail

 

Comments

There really is so much despair out there. This is yet another one of the awful by products of a credit crunch that seems like it's spinning out of control.

The comments to this entry are closed.