Bed Bath & Beyond CFO Jumps to His Death After Struggling Retailer Forced to Close 150 Stores
Bed Bath & Beyond CFO Gustavo Arnal, 52, jumped to his death from the 18th floor of the ‘Jenga Building’ in New York City.
Last Wednesday Bed Bath & Beyond announced it will be closing 150 stores as it struggles to restructure its business.
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Bed Bath & Beyond abandoned the My Pillow line of products because they did not agree that there was voter fraud in the 2020 election. The economic consequences of supporting a coup are high.
David DeGerolamo
Wonder what he knew about the Clintons?
Bed, Bath, & Beyond has been struggling for a long time. No one’s suicide is good news and pray for him and his family. Having said that, yes, the politics of the stores have been a significant factor in not shopping there. Retailers need to be aware that customers are not a given, even when you think you are the only retail option.
Pray for his family but him, he made his choice. Their is no remission of sin after death.
!8 floors..he had a lot of time to rethink his decision.
He had just sold stock worth more than a Million bucks. He owned more stock worth several million. Why didn’t he just cash out and retire? I suspect this was NOT a suicide.
My thoughts exactly, cash out, get a couple of million at age 52, get another job, get a few more million. He must have either suffered from clinical mental illness; or it was murder with much more to this story.
Much more, he allegedly was being investigated for a pump and dump insider trading. Jail was a possibility.
What is the average sentence for insider trading?
Insider trading targeted
In the five-year period studied, ending in December 2013, the study found that the average prison sentence for insider trading was 17.3 months, compared to 13.1 months in the five years previous to that period.Aug 13, 2020