Two Young Bankers In Sad Early Deaths

William J. Bott III, a specialist on the floor of the New York Stock Exchange for Barclays, collapsed and died July 31 after playing basketball. He was 33.

Bloomberg reports that Bott, a resident of Hoboken, New Jersey, dropped to the sidewalk while leaving a gym in lower Manhattan following three games of basketball after the workday, his uncle, Robert Bott, said yesterday. He was pronounced dead at New York Downtown Hospital. A medical examination is planned to determine the cause.

Bott was in charge of day-to-day operations of Barclays’ specialist business, which is known as DMM, for designated market making.

'Barclays is saddened by the loss of a highly respected colleague and close friend', Mark Lane, a spokesman for Barclays, said yesterday in an e-mail. 'Bill was a longstanding member of our team, and of the New York Stock Exchange community. His strong leadership, bright personality and enthusiasm will be greatly missed'.

In the meantime, The New York Post reports that just seven months after losing two top executives and three family members in a plane crash in New Jersey, Park Avenue Greenhill & Co. lost a junior associate as he was celebrating the start of his new career at the firm.

Jack Roloson, 23, was hit by an SUV on the Garden State Parkway on Friday during an after-party celebration that went horribly wrong.

After the party, Roloson and some colleagues rented a limo and took off for Atlantic City, according to one person with knowledge of the situation.

Around 2am., the limo pulled over onto the shoulder so Roloson could relieve himself, according to NJ state police. While crossing the southbound highway, he was hit and killed by an SUV.