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Another JPMorgan Banker Dies, 37 Year Old Executive Director Of Program Trading
Ordinarily we would ignore the news of another banker's death - after all these sad events happen all the time - if it wasn't for several contextual aspects of this most recent passage. First, the death in question, as reported by the Stamford Daily Voice is that of Ryan Henry Crane, a Harvard graduate, who is survived by his wife, son and parents at the very young age of 37. Second, Ryan Henry Crane was formerly employed by JPMorgan - a bank which was featured prominently in the news as recently as two weeks ago when another of its London-based employees committed suicide by jumping from the top floor of its Canary Wharf building. Third: Crane was an Executive Director in JPM's Global Program Trading desk, founded in 1999 by an ex-DE Shaw'er, a function of the firm which is instrumental to preserving JPM's impeccable and (so far in 2013) flawless trading record of zero trading losses.
There was little detail surrounding the death:
Ryan Henry Crane of Stamford died Monday, Feb. 3. He was 37.
Crane was born Jan. 8, 1977, and grew up in Long Valley, N.J. He graduated from The Delbarton School in Morristown in 1995. He graduated from Harvard University in 1999, after which he spent the next 14 years at J.P. Morgan in New York. He was an executive director in the Global Equities Group.
Crane is survived by his wife, Lauren (nee Pizzotti); son, Harry; parents Mary Jo and Lex of Long Valley, N.J.; brother, Lex of Denver, Colo.; sister, Allison; brother-in-law, John Archard of Arvada, Colo.; parents-in-law, Steve and Carol Pizzotti of Reading, Mass.; brothers- and sisters-in-law, David and Heather Pizzotti of Upper Arlington, Ohio, Stephen and Kristin Pizzotti and Chris and Felicia Pizzotti of Reading, Mass.; five nephews, three nieces; aunts, uncles; and cousins.
Calling hours are Sunday, Feb. 9 from 3 to 7 p.m. at the Leo P. Gallagher Funeral Home, 31 Arch St., Greenwich. A Mass of Christian Burial will be held at 11 a.m. Monday, Feb. 10 at St. Catherine of Siena Church, Riverside. Interment will be held at 1 p.m. Tuesday, Feb. 11 at Puritan Lawn Memorial Park in Peabody, Mass.
Crane's LinkedIn profile confirming his senior position at one of JPM's most important market-facing verticals:
Below is his Finra BrokerCheck profile. Aside from having a license to trade virtually anything and anywhere as someone with his skillset would be expected to, his history was spotless:
The circumstances surrounding his death are scarce, but what is most notable is that not only is Crane the second very young JPMorgan banker to pass in recent days, but is also the fourth banker death in under a month. We can only hope this disturbing chain of deaths within the financial industry - one of which involved a nail-gun induced suicide - is purely accidental.
h/t SGT Report
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hot tub?
another one bytes the dust
Looks like the stress of running criminal stock and commodity manipulation schemes, is getting to them.
the trend is your friend?
Still waiting for the banker who shoots himself twice in the back of the head, weapon not found at the scene, ruled suicide.
The trend for "banker suicide" is up over at google!
Obviously he jumped, or shot a nail thru his body.
Paging John Grisham
Router..., or sander?
Fell on a knife ... again and again and again...?
Poor bastard. Well, at least he can say "hi" to Ken Lay...
So who got him?
~~~
SubZero? BuzzSaw? Dynamo? Fireball? Captain Freedom?
Check his blood for polonium. That's how they got Arafat.
first it was the microbiologists and then the deep field astronomers. now the bankers
dese banksters is savin us da trouble a stringin em up on da lightpoles, doin us a favor by takin em out ta the woodshed, makin em sleep wid da fishes, dirtnaps for alla dem dirtballs, every last one a dem bums
As long as the trend works its way to the top of the cesspool, I'm good with it...
I was under the impression you jumped after the market collapsed.
Their literally falling from the sky, their rates are so low!
Speaking of Bankers and Quantum Computing where is that Mike Morgan, grandson of J.P., ......he was an undergrad in the computing Department at the U of O in Eugene Or. in the late 70's?
Can you guess why a banker would have a great interest in Quantum Computing?
https://www.facebook.com/groups/nucleartracktown/
FC
The U of O get millions in funding from the US MIC every year to study weapons.
Also, Skull and Bones have always put their young minions to work in many various sectors. From Hollywood to science, to the Treasury and Universities, there and Skull and Bonesmen everywhere.
There is laways some hope for the banksters, but quantum computing won't break bitcoin.
this movie seems more poignant than ever:
The International
even though it's hollywood production, it's not far-off from the reality.
beginning of the movie
Thanks!! going to watch that this evening.
fonestar thought you were leaving?
Ivy League bankers suck. But I hate to see them die. Sad, really.
JP Moar Gone?
jb
Dunce, I've seen your blog and I'd lay off that Coke if I were you. Sugars a killer.
I bet your piss has a PH of 4. Very acidic. Diseases thrive in a low PH.
Bottoms up!
Ban JPM. It is obviously waaaaayyyy too dangerous.
it was a construction accident, he was busting up cement with a sledge and hit himself with it.
Better than the poor guy who poured a foundation and fell into the wet cement, hitting his head and never recovered. Heard it all before. Accidents happen. Sad, really ...
"The London Evening Standard newspaper reported the same day that “A man plunged to his death from a Canary Wharf tower in front of thousands of horrified commuters today.” Who gave that completely fabricated story to the press? Commuters on the street had no view of the body because it was 9 floors up on a rooftop – a rooftop that is accessible from a stairwell inside the building, not just via a fall from the roof. Adding to the suspicions, Magee had emailed his girlfriend the evening before telling her he was finishing up and would be home shortly.
If JPMorgan’s CEO, Jamie Dimon, needed a little crisis management help from operatives, he has no shortage of people to call upon. Thomas Higgins was, until a few months ago, a Managing Director and Global Head of Operational Control for JPMorgan. (A BusinessWeek profile shows Higgins still employed at JPMorgan while the New York Post reported that he left late last year.) What is not in question is that Higgins was previously the Senior Officer and Station Chief in the CIA’s National Clandestine Service, a component of which is the National Resources Division. (Higgins’ bio is printed in past brochures of the CIA Officers Memorial Foundation, where Higgins is listed with his JPMorgan job title, former CIA job title, and as a member of the Foundation’s Board of Directors for 2013.)
According to Jeff Stein, writing in Newsweek on November 14, the National Resources Division (NR) is the “biggest little CIA shop you’ve never heard of.” One good reason you’ve never heard of it until now is that the New York Times was asked not to name it in 2001. James Risen writes in a New York Times piece: [the CIA’s] “New York station was behind the false front of another federal organization, which intelligence officials requested that The Times not identify. The station was, among other things, a base of operations to spy on and recruit foreign diplomats stationed at the United Nations, while debriefing selected American business executives and others willing to talk to the C.I.A. after returning from overseas.”
Stein gets much of that out in the open in his piece for Newsweek, citing sources who say that “its intimate relations with top U.S. corporate executives willing to have their companies fronting for the CIA invites trouble at home and abroad.” Stein goes on to say that NR operatives “cultivate their own sources on Wall Street, especially looking for help keeping track of foreign money sloshing around in the global financial system, while recruiting companies to provide cover for CIA operations abroad. And once they’ve seen how the other 1 percent lives, CIA operatives, some say, are tempted to go over to the other side.”
We now know that it was not only the Securities and Exchange Commission, the U.S. Treasury Department’s FinCEN, and bank examiners from the Comptroller of the Currency who missed the Madoff fraud, it was top snoops at the CIA in the very city where Madoff was headquartered.
Stein gives us even less reason to feel confident about this situation, writing that the NR “knows some titans of finance are not above being romanced. Most love hanging out with the agency’s top spies — James Bond and all that — and being solicited for their views on everything from the street’s latest tricks to their meetings with, say, China’s finance minister. JPMorgan Chase’s Jamie Dimon and Goldman Sach’s Lloyd Blankfein, one former CIA executive recalls, loved to get visitors from Langley. And the CIA loves them back, not just for their patriotic cooperation with the spy agency, sources say, but for the influence they have on Capitol Hill, where the intelligence budgets are hashed out.”
Higgins is not the only former CIA operative to work at JPMorgan. According to a LinkedIn profile, Bud Cato, a Regional Security Manager for JPMorgan Chase, worked for the CIA in foreign clandestine operations from 1982 to 1995; then went to work for The Coca-Cola Company until 2001; then back to the CIA as an Operations Officer in Afghanistan, Iraq and other Middle East countries until he joined JPMorgan in 2011."
http://wallstreetonparade.com/
thanks KS. super work
When it's serious ... you must lie.
When it's end game serious ..... you must terminate with extreme prejudice.
http://www.youtube.com/watch?v=GjB8z0Bvi14
Higgins - that name sounds familiar.
Yep - C. Robertson's character in Three Days of the Condor (one of the top CIA spooks) was named J. Higgins.
classic
That's some real life Tom Clancy novel shit right there, nice one.
http://www.youtube.com/watch?v=QJNgm4kM24s
CFR is in control of american media.
It gets my dick hard thinking of a Running Man show for the criminal bankers! Jail is too good for them.
.
Running Man crew. Nice. I'd love to see SubZero hit him hard with the razor hockey stick.
Arnold: "I'll be back.";Damon Killian: "Only in a re-run."
kenny's in paraguay at bush's hacienda
Elvis performs duets with Whitney on Saturdays.
Elvis died of gluttony. Whitney was a human sacrifice.
There's a difference.
Elvis ate BBQ Whitney? [ewww]
Elvis death was a fake. Elvis was living at least a decade later in Michigan and Alabama.
Credit Suiss Swingline Stapler Suicide.
I thought there were no losses at JPM.
Amatuer bungee jumper, he bought a 100ft cord for a 100ft jump.
Or bumped his head on a pole at high speed.
Stuck in the gears of a combine? Nuts bit off by a Laplander?
Fell down a lift shaft.
Onto some bullets.
I think he was run through with a big samarui sword weilded by a tall, dreadlocked wearing, black woman from Atlanta.
But the good news is that she did not cut off his arms and jaw, so he could be made into a pet.
Things that make you go hmmmm.....
Ryan Henry Crane - Head of program trading desk. He over saw all of the program trades and was familiar with all of the software( trade platforms) that these trades were done in. This job works closely with the London desk. And who died last week in London? That’s right Gabriel Magee. The man who jumped off the 33rd floor of Canary Wharf. What was his post? Head of IT and trade platforms. Meaning he had access to information that Ryan Henry Crane would also have been able to access.
The gist of the many obituaries describes his death as a sudden, tragic loss.
http://www.legacy.com/guestbook/dignitymemorial/guestbook.aspx?n=ryan-cr...
Great post, Alaric
Funny, after reading the obituary I felt guilty for joking about these banker deaths on earlier posts. Why? As has been mentioned in many posts....some of these bankers are likely the good ones...the whistleblowers...or whatever.
Pretty sick state of affairs. Par for the course, lately.
I don't know about good. but maybe at risk of getting cold feet or developing a conscience
Could be, John 39.
However, there are upright and moral people in the most unsavory of places. Except DC of course.
... or at risk of accepting a plea bargin in exchange for testimony.
you know, loose lips sink ships. so far, it's only the potentially loose-lips, non-compliant goyim that die. but the kosher ones are still ok, tight, and benefiting from the financial and fraudulent racket; same as it ever was. simple, loose lips must go; or die in these cases.
They are just tying up loose ends and removing anyone that is a risk on the inside or anyone capable of discovering their subterfuge. Anyone else that is or was connected to these implied JPM clandestine activities is probably quite nervous about now.
This is why you do what Julain Assange did and rig up a deadman's switch; just make sure that the bad guys know about it!
Connecting the dots...of death.
Very astute observation Alaric...
Enjoy your posts.
"Obviously he jumped, or shot a nail thru his body"
That's shot 7 or 8 nails into his CHEST and HEAD.
If you were going to send a clear and concise message to the whole industry, wouldn't this be a great way to make sure people keep their mouths shut?
Exploding mercedes, anyone?
DaddyO
deterrence?
Michael Hastings.
Sadly, suicides occur in clusters like these recent deaths because these people knew or knew of others working in the same stressful jobs who took "the easy way out"
So we may well see many more such deaths in the near future.
You don't really buy that, do you?
Yep, especially with nail guns. Happens all the time. >S<
One is chance. Two is coincidence. Three is enemy action.
Like 9-11. The enemy being the United States Government.
Hmmmm. Going long Paslode.
Yeah, because there's such an epidemic of nail-gun suicides going on these days.
What's truly sad is if you believe what you just wrote.
I'd say ZH will be able to go with this story every day if they want. Kind of like the missing white girl or shark bite stories every August when the news is slow. The half dozen largest banks have 1 million plus employees total, several kick the bucket every day. And when your whole life has been a success and you get RIF'ed, well, some don't make the adjustment well. So it's not all accidents or illness. I've worked around these places. There are top people who could care less about how results are achieved only that they are and they get their bonus. Most of the people a few rungs down the ladder operate like postal workers or goverment employees. Just trying to hang on to their jobs and keep collecting their paycheck. Yuppie Nuremburg defense, everybody has a mortgage to pay.
Maybe the guy had a heart attack. It's hysterical how we all decided how he died and that he was clearly a whistleblower. I say we run with the assumption that he was in charge of implementing the Myra program.
The odds favor someting other than natural causes. Is it possible? Sure. But heart attacks in 37 years olds is uncommon.
The fact that his colleague also mysteriously died recently raises suspicions, no?
he's 37. according to one of the articles his name was "The gentle giant". so perhaps he was out of shape. that job is prone to stress, bad eating/drinking habits and possible alcohol and/or drug overuse. but i don't know what happened and neither does ZH or anyone else. I'm 37. one of my college roomates just passed away from a blood clot that formed and killed him. very unexpected but it happens.
as for his colleague, yeah it's strange I guess. but that's as far as i'd go.
Do you work for the Clinton's?
one doesnt have to work for Clintos you moron to have some common sense ... this is just common sense ... people die of heart attacks even at an earlier age ... dahhhh
Going with that common sense meme; wouldn't a heart attack or possible heart attack be quickly listed as cause of death if that were the case as opposed to the mystery?
of course it would take longer to find out in the case of - man has heart attack and falls into wood chipper.
sorry to reply to my own comment but someone had to.
Quickly listed where? If it in public records I presume we will know at some point.
I can tell you that my friends cause of death was a blood clot that started in his leg and ended up going towards his heart and it killed him. I know this because I was close to him. If I were to google it I would not find his cause of death anywhere.
edit - I just did some snooping. It was a suicide...human tragedy, and he left a note.
http://www.youtube.com/watch?v=WLIjVACABW4
fonz, sorry about your friend. i appreciate your follow up, thank you.
thanks for that
Just answer the question and stop obfuscating.
No, his stupidity is unpaid.
Saw his photo on Facebook. Looked healthy and stong. Not a flabby guy.
Coincidence Meter
1 coincidence = possible
2 coincidences = suspicious
3+ coincidences = plan
Yeah, around here, where I live, people are getting shot 6,7,8 times with a nail gun, about the head and body, all the time. Always suicide. >NOT< Just an accident/suicide, move along, nothing to see here. >sac<
This is why I keep the hammer in a different part of the garage from the nails. :>D
Here is a simple explanation of why bankers keep suiciding themselves.
http://www.silverdoctors.com/jim-willie-on-bankster-suicides-bankers-were-taken-out-to-prevent-forex-fraud-whistle-blowing/
Usually, the simplest explanation is correct.... Things generally are very simple, aka rational, logical, reasonable. When things don't make sense, you are only getting part of the information (spin) or the story is a lie. Obfuscation is a tool, to make you think things are too complicated to bother understanding.
County employee guy here just blew his brains out in his car a few months ago after the gauntlet closed in around him. Fuker was living in a damned mansion, throwing lavish parties, having a grand ol' time... and just a wastin' the taxpayers money away and flowing into a few faux companies of his. Good thing he saved us all the burden of a trial and incarceration expenses. Maybe at least the fire dept. got a little overtime washing his blood down the gutter.
Creepy.
Would that show up in Carfax...?
Perhaps not. I know I luminol the ceiling of every car I buy. Just to make sure.
Sure, under custom upholstery designs.
Bad, bad, bad doggie! ;-)
More and more stories surfacing about government waste, poor management, unethical (and potentially illegal) actions by elected officials, etc. Heat is definately getting turned up as the money is running out. System is going to cannabalize itself.
*** DING DING DING ***
We have a WINNnnaahhhh !!!!
Graft...it's not the exception, it's the rule.
"Centinela Valley schools chief amassed $663,000 in compensation in 2013"
Centinela is made up of just three comprehensive high schools and a continuation school in Hawthorne and Lawndale.
His total compensation even eclipsed that of John Deasy, superintendent of the Los Angeles Unified School District, the nation’s second-largest school system. Deasy’s base salary is $330,000 this school year and his gross compensation is just shy of $390,000, according to the LAUSD. But the district enrolls more than 650,000 students while Centinela Valley serves about 6,600.
http://www.dailybreeze.com/social-affairs/20140208/centinela-valley-scho...
"The Talent" strikes again...
A former board member for a charter school district has been charged with stealing $750,000 in the largest charter school theft in California history. Jeremy Landau, 43, Sherman Oaks, is charged with 13 felony counts of money laundering, two felony counts of misappropriation of public funds, and one felony count of conflict of interest in a sale and purchase.
The defendant is accused of asking the other board members for $750,000 from CAVEP’s account with the promise of a $3 million return donation in January 2014. Landau is accused of using his position on the board to influence the other members to vote in his favor regarding the funds.
http://www.oc-breeze.com/2014/02/11/47514_sherman-oaks-man-accused-of-st...
The board obviously believed Landau was "Merlin" because they live and breathe Hollywood there.
Give me $750,000 and I will turn it into $3,000,000, I will quadruple the money right before your very eyes...
Poof! And it's gone!
Unpossible!
Only widespread municipal bankruptcies will help the US escape from the clutches of its own gov't workers. I'd like to use the quote "what is unsustainable will not be sustained"...but it hardly seems approriate since apparently running years of trillion dollar deficits and devaluing the dollar appear to have no consequences. Isn't the Krugman recipe for saving the economy to add a few zeros to all these gov't workers pay?
He didn't notice that the light had changed.
the music in my head
Eight nail-gun holes in banker Talley's hide
Because the Democrats banned real guns?
You mean he actually felt guilty? He shouldnt have been living like a sociopath if he wasn't really a sociopath.
this was in remembrance of him obviously...
always at the London close...
http://www.kitco.com/charts/livesilver.html
i had a brother in law who did that just a few hours after he beat the hell out of my sister and nephew.
Good work.............
shhh!!!
Or being bound, hung in a closet and choked to death. Yep, suicide. The David Carradine story is stranger than fiction.
Like Gary Webb. He supposedly killed himself by shooting himself twice in the head with his opposite hand (I think the opposite hand part is correct. Check Wikipedia to verify, if it's of any concern). "Gary Stephen Webb was an American investigative reporter best known for his 1996 "Dark Alliance" series of articles written for the San Jose Mercury News and later published as a book."
Prediction: It's a fad. This too shall pass. When there are no more loose ends or loose cannons.
Advice to Banksters who are "loose ends" or "loose cannons": Let that cannon loose while you can, with Zero forewarning -- no warning shots across the corporate bow. Just let 'er rip! You're a dead man walking wither way, but at least you'll go out in style: (a) Send a public-service message, and (b) Be remembered. They might name a school after you some day, for being a "true patriot".
"...its a fad."
Are these guys insecure high schools girls who only want attention?
They might even put your face on a piece of currency!
http://upload.wikimedia.org/wikipedia/commons/1/10/2005_Half_Dollar_Obv_...
Someone read the book "Term Limits" and took it seriously or
These guys were going to come clean like snowden
No, they weren't going to come clean. They likely would, however, testify as to what they knew and what they did as part of a plea deal.
And that leads to the bigger issue -- JPM, GS, HSBC -- all of these guys get to break the law with impunity, over and over, and there's no issue or suicide/murder/evidence clean-up. This means that whatever is going on here is really big, and involves parties external to JPM with massive amounts of political power. Most likely this means nation-level actors.
My guess is that JPM was grifting on top of some other sanctioned scam (ala LIBOR or what have you) and got caught, or did something detrimental for a major nation. (I could see them being a clearinghouse for stolen German gold or something similar resulting in moves like this.)
If there's anyone else that knows what's going on inside, they've got to be shitting bricks about now.
the bankocracy will ensure its survival. it reminds me of slaves being openly flogged to maintain servitude.
There only hope is to flee to Russia and bunk with Snowden......then spill the beans and hope the whole system comes down.
lol ... Too Soon
May be he was short... Than again JP Sh|t never loses money on trades ever... The fact that graduatres with main subject "European History" get such high positions regarding trading is disturbing - or just shows the fuct that you do not have to know anything just click the buttons your boss tells you... Cavemen can do it
A degree in Eurpean History matters not...as long as it's printed on a Harvard diploma...that's what's gets you in the club.
Agent, I noticed that -what the hell does a degree in European History do to get you to that level in a bank of that calibre?
His thesis was charting the trading strategies of the Medici family.
History of European Banking?
History of the Roth-schilds?
That plus the fall down the elevator shaft onto those bullets.
Delbarton........ hmmmmmmmm
i think the problem may be...these could be the gooder guys...
Does anyone believe someone works for these firms for more than a few weeks or months without knowing the level of fraud they are involved in?
See my comment above ^ . I think these are the gooder guys.
Once you're done being green there you turn black.
...and eventually it becomes normalized in one's own head because it is required to stay approximately sane.
Occasionally, one gets a glimpse of how deeply they delude themselves everyday, but that can be remedied with alcohol, drugs etc and when those things stop working, there's always a NailGun.
(btw I'm not trying to say that I think the nailgun deal was likely a suicide)
Don't you belong on the bitcoin threads, Get lost.
it would be real sad if the truth of these recent banker deaths were that these were the ones who wanted to rat out the industry of all its greed and deceit but were taken out to keep their mouth shut permanently and to keep this big fuckin financial system from impending collapse.
It's a high probability that is the case. Low level guys who know just enough to bring down their bosses are being suicided to protect the upper echelon.
it could backfire though... this might force some on the fence to jump ship and spill their guts as a preemptive move, knowing that bankers eat their own children and surely have no problem killing underlings to make sure the truth never gets out.
Every banker in the know with regard to this investigation should at the very least have a fail safe back up with all details that goe public in case of his or her death.
Sadly it looks as though the good guys are the ones being suicided here.
Snowden was pretty low level IT guy at NSA and he got away. Imagine one of the IT guys at the banks spills about the manipulation of the entire exchanges and stock markets. LIBOR, London Whale and all that would be just the tips of the iceberg.
This looks like a preventive clean-up effort.
The industry is a sham, the markets are a farce. We know it but we don't have proof.
bankers are not saturn, john39, they eat the children of others, never their own. certainly employess are not family, not even remotely. employees obviously are deemed fodder.
One to beam up.
Don't you mean down?
That is deeply cynical, but knowing what I know about the whole situation, it is also a strong likelihood.
Those in the know should be keeping a file with instructions of specific media to hand it over to when they die.
If you work in the financial industry, do your duty to your fellow citizens and decry your allegiance to the bankers. You can be the next crusader like Snowden that takes down the financial system.
Maybe this is a signal to all low level bankers from those above doing God's work like Blankfiend and Jamie Bad Taste Dimon...STFU or DIE!
They better STFU until they quietly leak cause they are being watched all the time. Computers, phones, refrigerators, TVs, etc all NSA ready.
I can just see the internal memo reminder:
"Such a shame about Ryan what's-his-face. Left behind a wife, kid and a big mouth. Such a shame. Well, happy fleecing out there this week so chins up, mouths shut and we'll all get home alive. Oh, and I'm going to need you to come in on Saturday ok? Yeah, that'd be great."
The old story about the gambling table: if you look around and can't identify the sucker, IT'S YOU.
Note to bankers: financial fraud is not a victimless crime. If you can't identify the victim, it just might be YOU.