Banker 29 leaps to death: Investment Banker Jumps
Published: May 29, 2015
Banker 29 leaps to death: Investment Banker Jumps, The father of the investment banker who plunged to his death from his luxury Manhattan apartment said today that he fears his son turned to drink and drugs to cope with the stress of work.
John Hughes said that son Thomas had been under a ‘lot of pressure’ and that he even had to work on a recent holiday in the Bahamas.
He described his son, 29, as someone who ‘liked to work hard and liked to party’ and feared that he found release in illegal drugs which turned him suicidal.
Thomas’ body was found on Thursday morning on the sidewalk outside his apartment block after apparently jumping 200ft from his home on the 24th floor.
He is the 12th person this year who worked in finance have taken their own life amid renewed focus on the demands that Wall St places on young bankers.
John, 61, a lawyer from Briarcliff Manor in Westchester County, told Daily Mail Online: ‘Naturally this is a complete surprise to us. We are devastated.
‘Thomas was a happy, jovial, successful, good looking, very sociable individual.
‘The only explanation is that I know he’s been working very hard and has been under a lot of pressure.
‘His work did not leave much time for enjoyment but that’s the nature of the assignment that he chose.
‘I also know that sometimes when one is in that environment you can turn to alcohol or other types of drugs…
‘…at a time when he was under stress he probably resorted to illegal drugs, causing this incredibly poor judgement, is probably the best I can say.
‘He must have had some problems that I was not privy to.’
The youngest of three brothers, Thomas was educated at the $52,000 a year Canterbury School in Milford, Connecticut.
He studied economics at Northwestern University where he scored well in his exams and was on the Varsity squash team before heading to Wall St and getting a job with Citibank..
Early last year Thomas joined Park Avenue investment bank Moelis & Company where he was promoted to an associate and told his father it was a ‘great firm, a great place to work’.
At the time of his death he was living at the Ocean Luxury Residences, which has views of the Statue of Liberty and New York Harbour and where one-bedroom properties have previously sold for more than $1million.
John said that Thomas ‘had everything that you could seemingly want’ but was apparently troubled.
John said that the long hours meant that his son’s job was ‘all encompassing’ but he told him that he was ‘enjoying his work’.
He told Daily Mail Online that the high pressure was the ‘nature of the industry’ that his son was in and that he ‘didn’t seek to blame anybody’.
John said: ‘It’s not what might have been but what won’t be.
‘He probably would have had a wonderful, long life but that’s not going to happen.
‘I wish I would have crystal clear answers.
‘If you met him you would say this is the opposite person who would seem like the kind of person who was considering taking this type of action’.
After Thomas’ death his brother Joseph posted a touching tribute on his Facebook page showing the two together when they were younger.
Also paying tribute was a spokeswoman for Moelis & Company.
She said: ‘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.’
Reports about Thomas’ death said that he tried to kill himself earlier in the day by slitting his wrists, according to the New York Post.
After he fell to the sidewalk body parts were scattered in the street and a passing Honda CRV was either hit or narrowly missed.
An employee at a nearby parking garage was sent home after seeing his body explode on impact and having blood splattered on his shirt.
Witness Mario Mroczkowski said that Thomas was decapitated after hitting a guard rail for a road that leads into Manhattan according the New York Daily News.
‘I got close, but when I looked, all I saw were body parts … guts everywhere,’ he said.
Tourists on an open-air bus took out their cell phones to take pictures of the incident, according to nearby workers.
Thomas’ life was documented on his Facebook page which showed he checked in the trendy Surf Lodge in Montauk on Long Island last summer and also visited Miami beach.
Among his likes were men’s clothing retailer Brooks Brothers, Harper’s Magazine and Bret Easton Ellis, who wrote ‘American Psycho’, the gory satire of 80s Wall St bankers.
Thomas also posted about having dinner at the three Michelin Star restaurant Per Se with his family.
The New York City Police Department said that the case is still under investigation but so far there is no sign of criminality.
The previous death of a financial worker was on March 12 when 28-year-old Kenneth Bellando was found on the sidewalk outside his six-story Manhattan apartment building.
The US National Suicide Prevention Lifeline is available 24 hours at 800-273-TALK (8255)
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