June 3, 2015
(ANTIMEDIA) Yet another mysterious death in the financial sector happened Thursday, when 29-year-old Thomas J Hughes apparently committed suicide by leaping from his 24th floor Manhattan apartment building. He is the 12th Wall Street banker to die under dramatic or curious circumstances in 2015.
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Police reportedly found a bag filled with cocaine, residue on four others, and a rolled up dollar bill inside his luxury apartment, suggesting a binge before he decided to take his own life.
“Thomas was a happy, jovial, successful, good looking, very sociable individual,” his father, John, a lawyer from Westchester told The Daily Mail. “The only explanation I know is that he’s been working very hard and has been under a lot of pressure. His work did not leave much time for enjoyment […] He must have had some problems that I was not privy to.”
Hughes was working for Moelis & Co investment banking firm, at the time of his death, who issued the following statement, “We are saddened by the news of Tom’s death and send our sincere condolences to his family and friends at this very sad time. Tom was a talented and valued team member and a positive force in our firm. He will be greatly missed.”
Before Moelis & Co, Hughes had been employed by the Swiss firm UBS and then moved on to Citibank. He had recently been promoted to an associate position, and told his father Moelis was “a great firm, a great place to work.”
Financial workers now have the 4th highest rate of suicide — just over 1½ times the national average — of any other profession in the country, according to the National Occupational Mortality Surveillance statistics.
Hughes’ apparent suicide follows in a string of questionable deaths in the financial world from Wall Street to London to Hong Kong. A report last year tallied 36 suspicious financial sector deaths, suggesting something darker than simple stress as the underlying cause. As a Fortune article last February questioned in its title: “Is there a suicide contagion on Wall Street?”
According to witnesses, the scene was macabre as Hughes hit his head in the 200 foot plunge, decapitating him before his body reached the ground. Police worked quickly to prevent tourists from snapping pictures of the fallout.
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An investigation is ongoing, but suspicions will surely circulate surrounding the “official” cause of death, as the spate of mysterious Wall Street suicides continues.
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