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James McDonald, CEO Of Rockefeller & Co., Has Committed Suicide

Tyler Durden's picture




From the Associated Press:

Massachusetts investigators say James S. McDonald, president and chief executive of investment management firm Rockefeller & Co., has died of an apparently self-inflicted gunshot wound.

 

A spokesman for the Bristol district attorney's office says the 56-year-old McDonald was found in his vehicle at about 3 p.m. Sunday behind a car dealership in Dartmouth.

 

The spokesman, Gregg Miliote (mill-ee-OH'-dee), says it appears McDonald shot himself but the death is still under investigation.

 

McDonald had been president and chief executive of the New York investment manager since 2001. The company was started in 1882 by John D. Rockefeller to manage the family's assets.

 

McDonald, a New York City resident, was also on the boards of NYSE Euronext and CIT International.

The corproate factsheet provided at Rockefeller & Co.

 




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Tue, 09/15/2009 - 12:45 | Link to Comment Cursive
Cursive's picture

Maybe he was overcome with Green Shoots.

Tue, 09/15/2009 - 15:02 | Link to Comment Anonymous
Tue, 09/15/2009 - 15:39 | Link to Comment chumbawamba
chumbawamba's picture

I respect his decision to go out with honor, unlike the ass clowns that persist in their roles at other similar ventures.

I am Chumbawamba.

Tue, 09/15/2009 - 15:56 | Link to Comment Anonymous
Tue, 09/15/2009 - 18:13 | Link to Comment Anonymous
Wed, 12/30/2009 - 01:07 | Link to Comment Anonymous
Tue, 09/15/2009 - 16:02 | Link to Comment Anonymous
Tue, 09/15/2009 - 17:37 | Link to Comment Anonymous
Tue, 09/15/2009 - 17:38 | Link to Comment Anonymous
Wed, 09/16/2009 - 00:12 | Link to Comment Anonymous
Mon, 09/21/2009 - 17:47 | Link to Comment Anonymous
Tue, 09/15/2009 - 12:45 | Link to Comment Anonymous
Tue, 09/15/2009 - 14:46 | Link to Comment Anonymous
Tue, 09/15/2009 - 12:46 | Link to Comment Anonymous
Tue, 09/15/2009 - 13:26 | Link to Comment cougar_w
cougar_w's picture

Indeed. But I'd imagine they first disappear into retirement on some little-known island. If the sovereigns ever do come after them, only then is it worth faking one's death.

I think there will be a lot of suicides by people who, confronted with their fall from power, simply cannot contemplate how to continue. They are not the sharpest tools in the shed, you know. Just lucky to a degree and privileged. To have all that stripped away in an instant, to be cast into the ranks of the simple millionaires with no further prospects or avenues, to lose all your high-class friends and to be forgotten as a loser... well I'd not know what to do either.

This is where it's good to be near the bottom at the start; not so far to fall. No distance to fall at all. We already know all the homeless guys in the neighborhood, pitching a tent along side theirs would be a small journey of discovery for myself and my family. Eventually working our way back into the lower-middle-class, a simple matter of labor and community building. All within human scale. I'd not look forward to it, but it doesn't represent the end of the world, either.

The problem with living beyond the human scale one's entire life is that when the bubble breaks, you have no where familiar to fall. A small divot in the scheme of things looks like an abyss.

cougar

Tue, 09/15/2009 - 18:13 | Link to Comment Uros Slokar
Uros Slokar's picture

Cougar, I've read a lot of your remarks and must say that I agree with many of them, particularly this diagnosis of the psyche of the men who work at these organizations. Lucky and priviledged is %1000 correct. I interviewed with an investment bank a week ago, and spent a lot of time around a lot of these people. I asked every single one of them if they've even HEARD of ZH, and I got nothing but blank stares back.

Tue, 09/15/2009 - 12:46 | Link to Comment mule65
mule65's picture

$23.0 billion total assets under administration*

Tue, 09/15/2009 - 12:48 | Link to Comment mattco
mattco's picture

Probably not anymore. 

Tue, 09/15/2009 - 14:31 | Link to Comment koaj
koaj's picture

7b at the end of Q2

Tue, 09/15/2009 - 13:39 | Link to Comment Anonymous
Tue, 09/15/2009 - 14:54 | Link to Comment Anonymous
Tue, 09/15/2009 - 12:47 | Link to Comment Veteran
Veteran's picture

yawn

Tue, 09/15/2009 - 12:50 | Link to Comment Bilderberg_GS_r...
Bilderberg_GS_runsdaworld's picture

Rockefeller=Bilderberg=get rid of evidence

Tue, 09/15/2009 - 12:50 | Link to Comment Anonymous
Tue, 09/15/2009 - 12:50 | Link to Comment blackebitda
blackebitda's picture

sadly i guess he was caught short. sadly makes for a bear market rally top. my sypathies to his family. beat the market dont let it beat you. an eternity in hell...not a good trade. seems he should have exited the business. 

 

Tue, 09/15/2009 - 12:51 | Link to Comment Anonymous
Tue, 09/15/2009 - 12:52 | Link to Comment TumblingDice
TumblingDice's picture

The investigation should be interesting. That head must have been full of secrets.

Wed, 09/16/2009 - 00:13 | Link to Comment Argos
Argos's picture

You know, he could have been suffering from clinical depression.  Or is that too simple for all of you?

Tue, 09/15/2009 - 12:53 | Link to Comment Mos
Mos's picture

Hmmm, either lost clients a lot of money or committed some type of fraud that will come to light soon enough.  Anyone know the companies 2008 and YTD performance?

Tue, 09/15/2009 - 13:31 | Link to Comment Icarus
Icarus's picture

My guess is it tracks the S&P on the way down, but has lagged on the way up.

How many underinvested fund managers do you think started to panic buy when they read the headline?

Tue, 09/15/2009 - 14:20 | Link to Comment Big Al
Big Al's picture

That's as good an explanation for today's rally as any.

Tue, 09/15/2009 - 12:53 | Link to Comment Gilgamesh
Gilgamesh's picture

Those aren't losses you can walk away from.

Tue, 09/15/2009 - 13:21 | Link to Comment Gordon_Gekko
Gordon_Gekko's picture

ROTFLMFAO!

Tue, 09/15/2009 - 12:56 | Link to Comment SDRII
SDRII's picture

Anything with suicide and rockefeller in it should be read in the same context as headlines like Syrian general commits suicide

Tue, 09/15/2009 - 12:59 | Link to Comment Anonymous
Tue, 09/15/2009 - 13:04 | Link to Comment Anonymous
Tue, 09/15/2009 - 13:04 | Link to Comment curbyourrisk
curbyourrisk's picture

He did not commit suicide, but was instead suicided.  They need to get the facts right.

Tue, 09/15/2009 - 15:09 | Link to Comment Cindy_Dies_In_T...
Cindy_Dies_In_The_End's picture

Reminds me of the banker from the book Alas, Babylon. He realizes that TEOTWAKI has occurred and there is nothing he can do to change it, to stop the ball from rolling.

So he ended himself.

 

Interesting to wonder what the inside scoop is.

Tue, 09/15/2009 - 16:38 | Link to Comment Chief Hatuey
Chief Hatuey's picture

Freddie Mac CFO David Kellermann

"He was under a tremendous amount of pressure, had a nice $900,000 home up in Northern Virginia. He would have received a retention of $850,000 over the next year to actually stay with the company."

Hmm...? Payday or bullitt? Let me think...

http://www.associatedcontent.com/article/1673463/another_suicide_surrounding_freddie.html?cat=9

Maybe Kellermann, McDonald and other suicide types (not) had missed this article about their cell phones.

http://news.zdnet.com/2100-1035_22-150467.html 

Tue, 09/15/2009 - 13:05 | Link to Comment Anonymous
Wed, 09/16/2009 - 01:08 | Link to Comment Mr. Mandelbrot
Mr. Mandelbrot's picture

Nice shot man -- I wish I would have met you . . .

Tue, 09/15/2009 - 13:11 | Link to Comment cougar_w
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Therefore send not to know for whom the bell tolls, it tolls for thee.

Tue, 09/15/2009 - 13:14 | Link to Comment bchbum
bchbum's picture

Bet you a dollar there's no suicide letter.

Tue, 09/15/2009 - 13:23 | Link to Comment Anonymous
Tue, 09/15/2009 - 13:45 | Link to Comment Anonymous
Tue, 09/15/2009 - 13:20 | Link to Comment Gordon_Gekko
Gordon_Gekko's picture

Are you f--king kidding me? The Rockefeller Mafia Family is involved and it's a "suicide"? Well, I guess that's what you get when you manage money for the Mob.

Tue, 09/15/2009 - 13:20 | Link to Comment Cheeky Bastard
Cheeky Bastard's picture

how many gun wounds did he inflict upon himself and did he try to burn his body after he was dead .. i only hope some people on WS follow this man example...

oh, and also he 56-year-old McDonald was found in his vehicle at

Cliff Baxter anyone ?

Tue, 09/15/2009 - 13:30 | Link to Comment BlueStreak
BlueStreak's picture

"and did he try to burn his body after he was dead .."

I can't stop laughing...thanks Cheeky

Wed, 09/16/2009 - 03:48 | Link to Comment theadr
theadr's picture

Like who was to be the next Nkrumah (not BO): 

Dr Ouko’s mutilated and charred remains were found in a thicket at Got Alila Hills near Muhoroni on February 16, 1990 four days after his disappearance from his rural home in Koru. kibaki-biwott-view-oukos-remains.jpg

Tue, 09/15/2009 - 13:32 | Link to Comment I am a Man I am...
I am a Man I am Forty's picture

Tue, 09/15/2009 - 13:40 | Link to Comment Cheeky Bastard
Cheeky Bastard's picture

Dude; that was the first thing that fell on my mind when i read the title of the post; +10 for the link.

Tue, 09/15/2009 - 13:44 | Link to Comment CD
CD's picture

And this is just an MSM account of the Baxter story, fringe speculation is far more colorful:

http://www.cbsnews.com/stories/2002/04/10/eveningnews/main505845.shtml

 

Yes, it is possible Mr. McDonald's demise was not unrelated to the marginal utility of his continued silence on information he may have gleaned along his career. Possibly he was blackmailed into desparation with some embarrasing (criminal?) personal detail due for the same reason; but straight-out pro hit seems easier and less risky.

Tue, 09/15/2009 - 13:46 | Link to Comment defender
defender's picture

I agree.  Why would a 56-year-old shoot himself behind a car dealership?  I doubt that he has had to buy a car for himself for a decade.  If he was offed, then why, and who benefitted.

Tue, 09/15/2009 - 15:45 | Link to Comment Anonymous
Tue, 09/15/2009 - 15:37 | Link to Comment Anonymous
Tue, 09/15/2009 - 13:20 | Link to Comment Hephasteus
Hephasteus's picture

So the people behind the banking industry are good at writing suicide notes and congressional bills, but haven't mastered the tell all book?

Tue, 09/15/2009 - 13:24 | Link to Comment Anonymous
Tue, 09/15/2009 - 13:25 | Link to Comment assumptionblindness
assumptionblindness's picture

Just another six-shots-to-the-head "suicide."

When was the last time we heard that someone commited suicide behind a car delearship anyway?  He must have been distraught about learning that the cash for clunkers program had expired...no reason to live if he couldn't have that new rig. 

Tue, 09/15/2009 - 13:25 | Link to Comment Anonymous
Tue, 09/15/2009 - 13:42 | Link to Comment John Self
John Self's picture

Just like Vince Foster.

Tue, 09/15/2009 - 15:32 | Link to Comment Marshal Ney
Marshal Ney's picture

Let's all climb into "The Way Back Machine", for that one.

Tue, 09/15/2009 - 13:27 | Link to Comment tradertim
tradertim's picture

seems like theres only one reason he committed suicide. this invesment firm is about to blow up and he knew it. he just decided to kill himself before it implodes rather than later.

Tue, 09/15/2009 - 13:29 | Link to Comment Cheeky Bastard
Cheeky Bastard's picture

that; OR; maybe, he had a little soul left in him and decided to snitch the old bastard ( we, the real bastards don't invite him often to our gatherings ) Rockefeller to whomever has some legal authority over the rotten corpse he is.

Tue, 09/15/2009 - 13:27 | Link to Comment Cheeky Bastard
Cheeky Bastard's picture

probably David " The Son of the motherfucking Satan " Rockefeller brought him as an offering to his Rothschild overlords. Soon, the equinox is here, and the masters simply NEED new flash sacrificed to them. </comical attempt>

Tue, 09/15/2009 - 13:30 | Link to Comment TumblingDice
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drier than my mouth after 4:20

and incredibly funny, thx cheeky.

Tue, 09/15/2009 - 13:34 | Link to Comment thegreatsatan
thegreatsatan's picture

man and I thought I was bummed for missing out on Cash for Clunkers.

Tue, 09/15/2009 - 13:34 | Link to Comment Anonymous
Tue, 09/15/2009 - 13:36 | Link to Comment Busy-Body
Busy-Body's picture

Oh, what a shame - I didn't even have him in my death pool.  NEXT!

Tue, 09/15/2009 - 13:42 | Link to Comment Anonymous
Wed, 09/16/2009 - 03:53 | Link to Comment theadr
theadr's picture

Sweetness!

Tue, 09/15/2009 - 13:44 | Link to Comment Prophet of Wise
Prophet of Wise's picture

McDonald's apparent suicide came less than one week after Finn M. W. Casperson, the former chairman and CEO of Beneficial Corp. and another prominent financial figure, was found dead from a single, self-inflicted gunshot wound to the head near his own home in Westerly, Rhode Island.

Tue, 09/15/2009 - 14:38 | Link to Comment Translational Lift
Translational Lift's picture

This is almost as much fun as trying to guess how many failing banks will be announced every Fri. PM....

Tue, 09/15/2009 - 13:45 | Link to Comment TumblingDice
TumblingDice's picture

Who will give all the unfunded libraries and shools their donations now?

Tue, 09/15/2009 - 14:23 | Link to Comment Hephasteus
Hephasteus's picture

They'll have to get thier information the old fashioned way. Talk to people who aren't tooled by the corrupted publishing, education system. On the bright side revisionist history books fed to our children will reduce demands on the toilet pape industry at some point.

Tue, 09/15/2009 - 14:47 | Link to Comment TumblingDice
TumblingDice's picture

shorting the toilet paper industry as we speak...cheers.

Tue, 09/15/2009 - 13:52 | Link to Comment Thoreau
Thoreau's picture

do you go to hell if you're suicided?

Tue, 09/15/2009 - 13:57 | Link to Comment TumblingDice
TumblingDice's picture

yes, and lucifer is waiting at the gates with a fruitbasket and a fresh patch of virgin blood. James has done well.

Tue, 09/15/2009 - 14:02 | Link to Comment Cheeky Bastard
Cheeky Bastard's picture

HAHAHAHAHAHAHAHAHAHAHAHAHAHA + infinity

awesome

Tue, 09/15/2009 - 15:20 | Link to Comment ToNYC
ToNYC's picture

Please don't confuse Lucifer with Satan. Lucifer brings Light; Satan is the Prince of Darkness. The difference is like night and day, c'est à dire.

Tue, 09/15/2009 - 15:24 | Link to Comment Anonymous
Tue, 09/15/2009 - 15:28 | Link to Comment Cheeky Bastard
Cheeky Bastard's picture

+100

Tue, 09/15/2009 - 16:02 | Link to Comment Veteran
Veteran's picture

Son of the Morning Star

Tue, 09/15/2009 - 16:23 | Link to Comment Anonymous
Tue, 09/15/2009 - 18:21 | Link to Comment Anonymous
Tue, 09/15/2009 - 14:00 | Link to Comment Anonymous
Tue, 09/15/2009 - 14:09 | Link to Comment Anonymous
Tue, 09/15/2009 - 14:11 | Link to Comment amarshall
amarshall's picture

After committing suicide in New Bedford, he drove himself to Dartmouth 10 miles away.

 

http://www.postchronicle.com/news/business/article_212256152.shtml

Tue, 09/15/2009 - 14:17 | Link to Comment Cheeky Bastard
Cheeky Bastard's picture

wow amarshall; nice find.

You have to admit, something smells like a tuna left inside of a dead whales vagina when it comes to the words Rockefeller, suicide, plague, death, genocide, war. It all seems so connected; doesn't it.

Tue, 09/15/2009 - 14:30 | Link to Comment cougar_w
cougar_w's picture

In black-ops, they call that an "exit strategy"

You make a mess, you clean it up, then you take your winnings and walk away like nothing happened because -- buddy -- nothing fcking happened.

cougar

Tue, 09/15/2009 - 15:13 | Link to Comment Anonymous
Wed, 09/16/2009 - 03:56 | Link to Comment theadr
theadr's picture

Who fragged that Enron guy?

Tue, 09/15/2009 - 14:28 | Link to Comment KeyserSöze
KeyserSöze's picture

No Asprin like Blago? 

What is sadly cruel yet great about this generation and its readers is people are starting to figure out who and what these groups are:

1)BILDERBERG's, Rockefellar's

2)Council of Foreign Relations

3)Federal Reserve System origin the "pit of vipers"

The most corrupt and devious organizations in existence

 

 

Tue, 09/15/2009 - 14:39 | Link to Comment Anonymous
Tue, 09/15/2009 - 16:44 | Link to Comment Anonymous
Tue, 09/15/2009 - 17:49 | Link to Comment Anonymous
Tue, 09/15/2009 - 22:51 | Link to Comment MsCreant
MsCreant's picture

Why do you want Hillary to do it? I'm confused.

Tue, 09/15/2009 - 14:40 | Link to Comment Anonymous
Tue, 09/15/2009 - 18:24 | Link to Comment Anonymous
Tue, 09/15/2009 - 15:59 | Link to Comment Hephasteus
Hephasteus's picture

People like to make fun of the French but they know how to treat royalty.

http://www.youtube.com/watch?v=ogI0ks2jaRM&feature=related

A bit melodramatic on the quitting strategy but I guess that's a good way to say no. You don't understand I quit. I mean I really really quit. Hard. LOL

Tue, 09/15/2009 - 15:17 | Link to Comment Anonymous
Tue, 09/15/2009 - 15:31 | Link to Comment Careless Whisper
Careless Whisper's picture

McDonald was on the Board of NYSE and helped with the acquisition of Archipelago, which helped make NYSE very electronic. The merger was engineered by? who? who? ...Paulson, Thain, and the rest of Goldman Sachs.

Tue, 09/15/2009 - 21:28 | Link to Comment agrotera
agrotera's picture

...high frequency trading here we go...

Tue, 09/15/2009 - 15:32 | Link to Comment Anonymous
Tue, 09/15/2009 - 15:33 | Link to Comment Anonymous
Tue, 09/15/2009 - 15:59 | Link to Comment Anonymous
Tue, 09/15/2009 - 16:12 | Link to Comment Careless Whisper
Careless Whisper's picture

According to news reports, no suicide note, but he did call his wife....

Tue, 09/15/2009 - 16:46 | Link to Comment computertrades
computertrades's picture

Now that you mentioned fig, you made me go and look at the chart and the stock is a long setup. The stock looks ready to run even though yu have problems with it,

good articles; good articles 4 slow news day ..http://www..
hat tip: finance news & finance opinions

Tue, 09/15/2009 - 16:14 | Link to Comment Anonymous
Tue, 09/15/2009 - 16:33 | Link to Comment Veteran
Veteran's picture

Zing!

Tue, 09/15/2009 - 17:12 | Link to Comment TumblingDice
TumblingDice's picture

nevermind

Tue, 09/15/2009 - 19:56 | Link to Comment Anonymous
Tue, 09/15/2009 - 22:57 | Link to Comment MsCreant
MsCreant's picture

Did he fuck you too Daddy?

Tue, 09/15/2009 - 16:16 | Link to Comment computertrades
computertrades's picture

The question is why did he kill himself? No explanation

Tue, 09/15/2009 - 16:17 | Link to Comment Anonymous
Tue, 09/15/2009 - 17:18 | Link to Comment Anonymous
Tue, 09/15/2009 - 20:15 | Link to Comment johngaltfla
johngaltfla's picture

Pang, Casperson and now MacDonald. Is there a trend here? And what is about to blow up? 30 day notes at 0.03% and money markets still seeing money exiting before the Friday deadline.

 

Hmmmm.....

Tue, 09/15/2009 - 21:02 | Link to Comment Anonymous
Tue, 09/15/2009 - 21:59 | Link to Comment Marshal Ney
Marshal Ney's picture

And it's amazing how quickly a thread can morph into the Glenn Beck Show.

Tue, 09/15/2009 - 23:19 | Link to Comment Anonymous
Wed, 09/16/2009 - 01:42 | Link to Comment TumblingDice
TumblingDice's picture

At least no one is fake crying here.

Wed, 09/16/2009 - 07:19 | Link to Comment Anonymous
Tue, 09/15/2009 - 22:22 | Link to Comment Anonymous
Wed, 09/16/2009 - 11:51 | Link to Comment Anonymous
Wed, 09/16/2009 - 23:56 | Link to Comment MsCreant
MsCreant's picture

Miss Priss,

You have your compassion for the family. Could be they are victims too. I have compassion for you and all of us who have been and continue to be (right this second as we breathe) ROBBED by these people. My compassion is with this herd, restless as it is, who are tired of being fucked and want to blow off some steam. Some want to blow off some heads. Looks like that happened here, so they don't see a problem.

It is all perspective.

You are not right. You are not wrong.

Go judge someone else. Or stop judging and extend that compassion of yours a little further.

Too bad I have to explain but we are all at where we are at.

Wed, 09/16/2009 - 07:27 | Link to Comment Baäl-Zebub
Baäl-Zebub's picture

Old McDonald had a gun?

Thu, 09/17/2009 - 00:06 | Link to Comment Anonymous
Fri, 09/18/2009 - 13:41 | Link to Comment everaware
everaware's picture

you guys are all sick gloating over a suicide. iam well aquainted with the family and know this is a terrible tragedy...try to figure out that depression can be fatal. JSM leaves behind three children and his wife who still have to cope. everybody has lost money in this tornado. deal with it.

Tue, 09/22/2009 - 11:25 | Link to Comment Anonymous
Wed, 12/30/2009 - 19:23 | Link to Comment Anonymous
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