The 28-year-old Jeffries banker who passed away later last month is suspected of being a victim of an accidental drug overdose, the Post learned.
According to a police report obtained by the Post, Carter McIntosh, a junior high-tech banker who previously stinted at Goldman Sachs and Maurice, was found dead by a friend in an apartment in Dallas on Monday, January 27th. I did.
The unidentified friend last saw the young banker around 7pm the previous Saturday evening, the report said. At 11:05am on Monday, a friend accessed his apartment for a “welfare check” with the help of the building's maintenance and found his unvigorated body.
Five minutes later, Dallas police officers arrived at MacIntosh's apartment in the luxury Berknox area, the report says. They spotted Macintosh's body under the blanket on the sofa in the living area. He was declared dead just before noon.
The report said MacIntosh's death was a “clear accident.”
Police found “drug-related equipment” at the scene. Investigators said they are investigating suspected “possible overdose” and “history of illegal drug abuse.”
“Black dishes containing white powdery substances, plastic bags containing white powdery substances, and a $100 bill was loaded into the kitchen area,” a Dallas police officer wrote in the report.
“Several cans of Jimo branded nicotine pouches were also present,” the report added.
The officer also cited an interview with Scott, MacIntosh's father. Scott said his son was taking medication for attention deficit disorder, more commonly known as ADD.
He told police he was unaware of “illicit substance abuse, alcohol abuse or smoking.” Scott McIntosh did not respond to requests for comment on the post.
The names of the drugs found at the scene have been compiled by a city medical inspector investigating the cause of MacIntosh's death.
Sources close to the investigation said a full autopsy report would not be published until results from the toxicology test are available in 4-6 weeks.
Authorities have yet to identify the white substances found in Macintosh's apartment, but Adderall is a commonly prescribed medication for people with ADD.
It is also widely used by stressed students and workers in several fields, including Wall Street.
The Wall Street Journal was able to keep up with brutal working hours in December by reporting how investors were crushing drug pills and smoking pills.
Jefferies Insider said its use is not only widespread in the company, but also used by rival banks on Wall Street, where staff struggle to keep up with the industry's punishing workloads.
“A lot of people in the bank take it,” the source said on condition of anonymity as they are not allowed to speak to the media.
A Jeffries spokesman declined to comment.
MacIntosh previously worked as an analyst at Maurice and Goldman Sachs in New York after graduating from Seton Hall University with a degree in finance.
The banker joined Jefferies only in September 2023, working on the company's technology, media and telecoms team, according to his LinkedIn profile.
His companions described him as “well-known” for his “great sense of humor.”
Wall Street's brutal labor culture was placed under a microscope once again after the death of Bank of America investment banker Leo Lucenas, 35, last year from a blood clot.
Before his death, Lukenas was pulling 100 hours of week in the office, so he was looking for another job.
There is no evidence that death is related to his work, but JPMorgan moved to work for a few weeks 80 hours after the scandal.
That same month, however, Lazard CEO Peter Orthag interviewed Carlisle founder-turned-podcaster David Rubenstein, where he cited concerns about young investors struggling with burnout. It has been rejected.
“There are many professions that can't avoid some of the effort,” said a former Obama administration official who claimed the financial services giant was creating a “sense of excitement” for new recruits.
He warned potential recruits that Wall Street's uplifting career was not a “makeup” but a meaningless term for work created solely to keep you busy.
