It's been a tough week for the markets.
Richard 'Rick Bartlett, who helped boost Citigroup as an underwriter of initial public offerings on his way to becoming the firm’s head of equities for the Americas, has died. He was 46.
Bloomberg News reports that he died on January 24th at New York-Presbyterian Hospital/Columbia University Medical Center in Manhattan, according to a web page his wife, Loring Bartlett, created to keep friends updated. Danielle Romero-Apsilos, a bank spokeswoman, confirmed the death.
The cause was lung disease, for which he had been on a waiting list for a transplant.
Bloomberg also reports that Pasi M. Hamalainen, a Finnish native who took early retirement as a managing director at Pacific Investment Management Co. to raise his son and race Bugattis before joining Capital Group Cos., has died. He was 46.
He died in his sleep on January 16th at his oceanfront home in Manhattan Beach, California, his older brother, Janne Hamalainen, said today in an interview. No cause has been determined, though a heart attack is one possibility, he said. The death 'came as a complete shock', he said.