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Head Of Communications At Italy's Scandal-Ridden Banca Monte Paschi Has Committed Suicide
It has been several weeks since the name Monte Paschi, likely the most bailed out Italian bank in history, not to mention the oldest bank in the world, graced these pages: with the Italian elections now over and BMPS' political utility as leverage against Italy's Democratic Party finished, we expected that the next time we would read, and write, about it would be the next time it would need a bailout (its fourth in the past four years) sometime in the next 3 to 6 months. Sadly, Monte Paschi is squarely back on the front page following news moments ago that David Rossi, the head of communications at the bank, committed suicide by jumping off the building.
From La Repubblica:
David Rossi, head of communication of Banca Monte dei Paschi di Siena, was killed this evening by jumping from one office to the headquarters of the institute in Rocca Salimbeni. Rossi, 51, was the longtime collaborator of the former Number 1 at Monte Paschi, Giuseppe Mussari. Rossi had been raided ten days ago in the investigation on Monte but was not investigated. On the spot, in addition to the police, it's 118, but the relief effort was useless.
Rossi was for many years a man of representation of MPS and its former president. Among his other responsibilities were marketing and communications.
While we have no knowledge of what personal, or professional, matters may have plagued the young man shown in the picture, if this terminal act of desperation is in fact related to the ongoing inquiry against the bank, then it is very likely that things in Italy are about to get very ugly very fast once more.
Some more from the Italian press:
The association with Mussari was started since 2001, when the former president of MPS and Abi was head of the Foundation, the reference shareholder with 34.9% stake in the bank, and Rossi was responsible for the communication of the institution. No left to imagine the dramatic climax, colleagues who had also contacted in recent days for the latest news on the institution of credit had responded with the same friendliness and professionalism of all time.
Rossi, married, had two children and was well known in the city.
Its commitment to the bank manager, joined also the vice president of the International Center of Art and Culture of Palazzo Te and a member of the board of directors of paint for cultural projects.
In a basket in his office investigators have found a crumpled piece of paper. Above, according to reports, it was written: 'I made ??a bullshit'.
A bullshit big enough to take one's life over, and to deprive two children of their father?
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On a rough investigation with a free hand grabbing some
bespectacled professional liar makes sense and scaring
him to death to cooperate is the best strategy of choice.
His best choice under the circumstances was to jump.
Soon many of us might have a choice to cooperate or
taking the jump, depending where you draw the line.
And making a last stand firing bullets hastily at no one
only helps the gun grabbers.
now shit is getting good. more jumping!
He went in style. It's a beautiful building.
I'll leave here a quote from The Godfather Part 2...
Tom Hagen: When a plot against the Emperor failed... the plotters were always given a chance... to let their families keep their fortunes. Right?
Frank Pentangeli: Yeah, but only the rich guys, Tom. The little guys got knocked off and all their estates went to the Emperors. Unless they went home and killed themselves, then nothing happened. And the families... the families were taken care of.
Tom Hagen: That was a good break. A nice deal.
Frank Pentangeli: Yeah... They went home... and sat in a hot bath... opened up their veins... and bled to death... and sometimes they had a little party before they did it.
My first thought too. No need to be pushed. He will do it himself.
I love when they jump.
This is likely a homocide! As AG Eric Holder said today, some banks are just too large to prosecute. Did Draghi put a hit on this guy with loose lips?
Being the oldest bank, they ust have ties to the oldest institution, whose head just retired. The pope is lucky he doesn't take walks on top of buildings.
Must have been bad acid.It couldn't have been the coke and the hookers.
did he died...?
the dude respects good old banker suicide tradition.
respect, sweet prince
he has crashed
he has corrected
REDRUM! REDRUM!
http://www.youtube.com/watch?v=yge311sFhC8
he has reverted to the mean
On a long enough timeline...
If he's 51, what is his secret? He takes it to the grave whatever it is. Just askin'
Smells suspiciously like someone is tying up loose ends.
http://www.youtube.com/watch?v=DlUHIiTwBzQ
Nikka Costa - Push & Pull (A successful predatory scavengery realizes time is up)
Mr. Nothing's got a lot
He's got a lot to say
He's good at being what he's not
Gives nothing away
Another day goes on by
And he never speaks his heart
He takes his chance with what he's got
It's too late now to stop
You push and you pull and struggle with the knot
It's tying you up while you're fadin'
You give and you take and take what you got
Round and round 'till it breaks and
You push and you pull and struggle with the knot
It's tying you up while you're fadin' into your lie
Mr. Nothing is late
He's running out of time
He questions whether chance or fate will ever show a sign
Looks to the sky above
For a glimpse of what it means
And now or never, never made
made more sense to him
You push and you pull and struggle with the knot
It's tying you up while you're fadin'
You give and you take and take what you got
Round and round 'till it breaks and
You push and you pull and struggle with the knot
It's tying you up while you're fadin' into your lie
You push and you pull it
Read more at http://www.songmeanings.net/songs/view/74459/#C6w8ojx4Vj1tS5A2.99
They should begin planning for witness protection programs, channels that people who want to give up can turn to, this would be happening under normal circumstances but today, the law is on the bad guy's side. This is very troubling and needs to be addressed immediately as this is the only thing that can change the course of this out of control trainwreck called the TBTF banks and their handlers. People will come forward if this protection is in place for them. They are frightened for their lives.
Such a waste of life. My God. Just for the sake of money (IOU's)
Are we sure he jumped ?
Absolutely. Case closed. Next?
..
1929 all over again
He died doing what he loved.
Evidently flying was not his forte.
Probably unrelated but interesting Video of Grillo : http://www.youtube.com/watch?v=0dEemZ2pVyo
"plagued the young man shown in the picture,"
51 young?
Cmon, im 4* and I'm not young......
He was most probably given a flying lesson for his biggah moutha.
To do a righteous banker suicide, the banker should self-immolate on top of a high rise. When the flames are at their peak, swan dive off there in full view of CNN cameras. I'd pay a nickel to see that.
I'm thinking the sidewalk will look pretty good when you're on fire.
.."honest to God, I thought turkeys could fly"..
Sad, but, sometimes you must go to extremes to get your message through the smoke skreens to others.
Guess he made an impact.
I tried and tried to give you green. It just wouldn't work. So... funny, but not funny funny. Green to you.
Italy? Close enough.... Good head start.
Jump, you fuckers!
http://www.youtube.com/watch?v=9TYezSrzUUs
In Italian banking patois he did a "Roberto Calvi"...
Mr Calvi was almost certainly 'assisted' by a Cardinal, given he got a visit from the Pope's 'enforcer cardinal' about 6 hours before he was found dangling. Given his age and health, it's the only way he could have reached the spot where he was found.
I'd just like to know how the Brit police could come up with suicide as the most likely explanation.
The same way the cops that "investigated" Vince Foster's "suicide" did. They're taxpayer supported criminals.
suicide my ass....
Suicided,...
As much I despice criminal banksters I do not wish this on anyone. Rest in peace Monte.
I've been waiting for 4 years to see bankers jumping of building .It's about time .
Now let make this a daily event and i'll truly be a happy man
....Hey Mr. Banker
http://www.youtube.com/watch?v=9TYezSrzUUs
We need an Italian version.
Still Waiting for Wall Street and the Federal Reserve.
Gene Burnett - Jump You F*#kers (A Song For Wall Street)
http://www.youtube.com/watch?v=yge311sFhC8
Has the secretary jumped too? Yet?
http://en.wikipedia.org/wiki/Roberto_Calvi
JUMP YOU MOTHER FUCKERS! JUMP.
very sad for david rossi's family and friends.
very in need of an independent investigation as to what happened.
But an independent investigation in Italy? Ha BLOODY HA!
Fixed it.
"was killed this evening by being thrown from one office to the headquarters of the institute in Rocca Salimbeni
Jumped or thrown?
Thrown al dente.
He's not the first, we had the HSBC guy who made himself 'art' on the floor outside the Tate Modern.
I think the sound of bankers hitting concrete would be one of the sweetest sounds a person could ever hear.
Who needs Mozart?
Are we reaching suicide stage?
Maybe he told the Banksters he was going to start communicating the truth, maybe he already told the truth, either way that relationship had to end.
Keep them jumping...!!!!!
Seeds taking root? https://www.youtube.com/watch?v=gDW_Hj2K0wo
Head em up ride em in
Head em up ride em out
Movin movin movin
Keep them doggies rolling
He should have moved to the United States. Holder would have had his back.
I say he was whacked by the CIA so he couldn't testify against Monti.
Anyhow whatever, it means, it means, it means none of them are safe now.
Yippee yi yippee yip yippee yip yip yip Yippee yi yippy yip yippee yip yip yip
Oops there goes another water bug.
When things get serious, you have to lie, and kill.
03/06/2013| 05:36pm US/Eastern
MILAN--David Rossi, the chief of media relations for Banca Monte dei Paschi di Siena SpA (BMPS.MI), died falling from a window of the Italian bank's headquarters, police said Wednesday evening.
An officer at the main police station in Siena, where the bank is based, said on the phone that Mr. Rossi had died after the fall. He said police officers were currently on the scene of the death. An official at the city's health emergency services said their center had received a call for help at 8:43 p.m. for a 51-year-old man who had fallen from the window of the bank.
Monte dei Paschi di Siena has been at the center of a criminal investigation regarding possible market-rules violations and obstruction of supervisory authority by some MPS officials. Mr. Rossi wasn't under investigation.
A spokesman for the bank said he couldn't immediately comment.
Please email Giovanni Legorano at giovanni.legorano@wsj.com to uncover the real story so the Bankstas can not hide the truth,
I have no idea (there is strength in numbers?), but here is what I sent...
Giovanni,
You have my full support to find the truth beyond the official report. In America, Attorney General Eric Holder admitted Banks were too large to prosecute. AG Holder is a coward as the little people are being crucified by the Central Banks' policies that protect the super rich Bankstas whose greedy behavior was a significant contributor to a fraud built bubble. You are fighting for the little people.
Regards,
The weight of the world is crushing for mortals.
RIP David Rossi. My thought are with your family.
So Rossi bailed out of a bailed out bank?
just from this thread alone "Jump you Fuckers " will make it onto the Billboard charts
"Don Vito, he knows where the bodies are buried."
"See that he joins them... capiche?"
With the current banking system and financial illusionists at work, it is easy to imagine how one of these bankers might well think they can fly. Normally such a thing might be a wakeup call for them but given what we have seen so far, I'm sure they are just chalking it up to a micro burst or sudden down draft.
The cruel irony, I was listening to Free Bird by Lynard Skynyrd while i saw the news...
A shame.
Whether he jumped or was pushed the fact that people are dying over this indicates a much bigger scandal.
If he did jump he knew something was going to come out he couldn't live with.
If he was pushed he might have known something they wanted to squelch bad enough to kill him.
Either way, big iceberg under what we can see so far.
perhaps he was dictating?
The most dangerous department to work in for any corrupt organization is always communication. They always take the fall.
http://youtu.be/pjVkwX5Yt2Y
This won't be the last of 'suicides' we hear about in the banking world this year, the ranks are being well and truly closed now.
These fucks know the game is almost up.
I detect a subtle undercurrent of cynicism in some of these comments.
Subtle? Are you blind? He was a fine fellow, for a banker. He did the right thing... in the end.
http://www.youtube.com/watch?v=Vgx7abJH6uI
Very sad news. For anyone else caught up in the corrupt making of their senior management, may I advise this: it is better to be poorer than dead. It is the company's owners and executive who bear ultimate responsibility.
Better to jump ship, leave the company, and live, rather than kill youself.
Meanwhile, given the horrible corporatism twixt Crown, Vatican and certain banks, I am bound to wonder:
Did he jump or was he pushed?
I hope his children are safe, and he put his personal financial affairs in order.
Sure he wasn't pushed? Perhaps he was going to "Sing Like a Canary" and turn states evidence.
I"ll supply the hot tub and booze for Dimon & Blankfein, if one of you guys supplies the toaster-hair dryer-plugin dildo, ( anything that plugs in to a 120v outlet will do. ) ;-)
Market confidence jumped a point. Do it again.
Probably landed on his head so all identity and dental records are useless. Time for a new identity, maybe in a nice Greek costal village.
In a basket in his office investigators have found a crumpled piece of paper. Above, according to reports, it was written: 'I made ??a bullshit'.
You would think that the Head of Communications of a major bank would be able to come up with a more eloquent final message.
First thing that came to my mind was Emperor Claudius' statement : " let all the poison that's in the mud hatch out " as he was about to eat the hemlock laced grapes given to him. Derek Jakobi played the part so well. Just as in Ancient Rome the ethical lapses will hasten the fall of many bank empires too. Truth takes time to " hatch out ". When it does , well , it has its own demands , some of which involve suicide.
David, we hardly knew ye.
This feels like half a story, like the vaticans accountant who suicided und a bridge by hanging. Jumping from a building headquarters is a statement (yes crazy statement) scribbling a few incoherent words is not much of a statement for a head of communication unless alcohol or drugs were present. feels like half a story. sympathy for his family.
Wrong, head of Italy's Banca Monte dei Paschi has been suicided.
Dammit!!... If I had one hour notice I could have a construction crew with backhoes and jackhammers digging the landing zone down another 30 feet just so I could watch that fucking bankster scream for another fraction(al reserve) of a second.
meh...
Probably his wife was bitchin that she needed a bigger limit on her credit cards and her sister has more Prada than her.
Head of communications means that he had access to all internal communications. He didn't have to be involved in the scams in any way - he had 100% access to all the info. Suicide - not a chance. If he was smart he had files where nobody could find them - "to be opened in case of my death". Let's wait and see.
Pretty clear now that taking it too seriously is not an Evolutionary Stable Strategy.
Jumper
Requiem aeternam dona eis, Domine,
et lux perpetua luceat eis.
Requiescant in pace.
Jumped or pushed? No one will ever know but i would bet on pushed. The follow the money trail had a sudden stop. Case closed.
The guillotine denied. hujel
Blackfriars Bridge is no longer used by Italian bankers ?
Please. This is Italy. He "was suicided", in the grand tradition.