Zero Hedge – by Tyler DurdenPolice are still investigating the tragic death of 39-year-old Goldman Sachs Managing Director Nicholas Valtz this weekend. As Bloomberg reports, Valtz, a “novice kiteboarder,” was found dead yesterday by family members who went searching for him after he didn’t return from a kiteboarding outing. While there is no accusation of suicide in this case, it sadly brings the number of young financial services executives deaths to 16 this year.
Nicholas Valtz, a managing director in cross-asset sales at Goldman Sachs in New York, wasfound in Napeague Harbor off the coast of Long Island, according to the East Hampton police. Valtz, 39, was a “novice kiteboarder” and was found floating in the water secured to his kite, police said in a statement released yesterday. Other kite gear was found in a grassy area of the harbor, police said.
Valtz, who joined Goldman Sachs in 2000, was promoted to managing director in 2010. His wife, Sashi Valtz, also works at Goldman Sachs as head of global third-party research sales, according to her LinkedIn profile.
Police are still investigating the death, according to the statement.
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In March 2008, Valtz shaved his head to raise money for childhood cancer research, according to the website for St. Baldrick’s Foundation. Valtz enjoyed technology products and fast cars, according to the website for his brother-in-law’s 2012 wedding in which he was a groomsman.
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This is the 15th financial services exective death in recent months…
1 – William Broeksmit, 58-year-old former senior executive at Deutsche Bank AG, was found dead in his home after an apparent suicide in South Kensington in central London, on January 26th.
2 – Karl Slym, 51 year old Tata Motors managing director Karl Slym, was found dead on the fourth floor of the Shangri-La hotel in Bangkok on January 27th.
3 – Gabriel Magee, a 39-year-old JP Morgan employee, died after falling from the roof of the JP Morgan European headquarters in London on January 27th.
4 – Mike Dueker, 50-year-old chief economist of a US investment bank was found dead close to the Tacoma Narrows Bridge in Washington State.
5 – Richard Talley, the 57 year old founder of American Title Services in Centennial, Colorado, was found dead earlier this month after apparently shooting himself with a nail gun.
6 – Tim Dickenson, a U.K.-based communications director at Swiss Re AG, also died last month, however the circumstances surrounding his death are still unknown.
7 – Ryan Henry Crane, a 37 year old executive at JP Morgan died in an alleged suicide just a few weeks ago. No details have been released about his death aside from this small obituary announcement at the Stamford Daily Voice.
8 – Li Junjie, 33-year-old banker in Hong Kong jumped from the JP Morgan HQ in Hong Kong this week.
9 – James Stuart Jr, Former National Bank of Commerce CEO, found dead in Scottsdale, Ariz., the morning of Feb. 19. A family spokesman did not say whatcaused the death
10 – Edmund (Eddie) Reilly, 47, a trader at Midtown’s Vertical Group, commited suicide by jumping in front of LIRR train
11 – Kenneth Bellando, 28, a trader at Levy Capital, formerly investment banking analyst at JPMorgan, jumped to his death from his 6th floor East Side apartment.
12 – Jan Peter Schmittmann, 57, the former CEO of Dutch bank ABN Amro found dead at home near Amsterdam with wife and daughter.
13 – Li Jianhua, 49, the director of China’s Banking Regulatory Commission died of a sudden heart attack
14 – Lydia _____, 52 – jumped to her suicide from the 14th floor of Bred-Banque Populaire in Paris
15 – Julian Knott, 45 – killed wife and self with a shotgun in Jefferson Township, New Jersey
16 – Nicholas Valtz, 39 – killed in apparent kiteboarding accident in Nepaugue Harbor, Long Island.
Yup, the bank techies are being killed off to prevent expert investigation and testimony on how bank fraud in the $ trillions has been and still is being committed.
Sharks wouldn’t even eat him. Bad Chum.
And another one bites the dust.
are they really or are they faking their own deaths.
good point there, Mel. I’d like to see the body on display too. Do you remember Ken Lay from Enron? Someone claimed to have taught him how to appear dead by slowing his own heartbeat and breathing, and bingo, he “died” right before he was about to be sent to prison.
Other than that, I’m glad they’re all dead, or at least hope they’re all dead, and stay that way.
Sadly brings the death toll to 16?!?! HAHAHAHAHAHAHAHA
LOL, “kite surfing accident”. Right.