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Second JPMorgan Banker Jumps To His Death: Said To Be 33 Year Old Hong Kong FX Trader

Tyler Durden's picture





 

The banker suicide wave that started in late January has now become an epidemic, and it seems to be focusing on one bank: JP Morgan.

After the first suicide that took place in JPM's London headquarters, ending the life of 39 year old Gabriel Magee, a vice president in the investment bank’s technology department, next it was 37 year old Ryan Crane, an executive director in the firm's program trading division, who died under still unknown circumstances.

Moments ago a third JPMorgan banker committed suicide, this time at the JPMorgan Charter House Asia headquarters in central Hong Kong, where a 33 year old man who was said to have been an FX trader for JPM, just jumped to his death.

Not much is known yet about the circumstances of the suicide, however according to early reports, the man was 33-years-old, surnamed Lee, and believed to be a forex trader for JP Morgan.

Commuters noticed the man at the top of Chater House around 2pm to 3pm in the afternoon and called the police but policemen who arrived at the scene failed to convince the man not to jump. The deceased was sent to the hospital immediately but was pronounced dead on arrival. As several lanes on Connaught Road Central were closed because of the incident, traffic in the area were chaotic.

The man stands on the roof of Chater House in Central as
police try to talk him down. Photo: SCMP Pictures

SCMP has more:

An investment banker on Tuesday jumped to his death from the roof of Chater House in Central, where Wall Street bank JP Morgan has its Asia headquarters, several witnesses told the South China Morning Post.

 

Witnesses said the man initially went to the roof of Chater House, a 30-floor building in the heart of Hong Kong’s central business district – and later jumped. The incident happened between 2pm and 3pm, one witness said.

 

Several policemen were seen on the roof but apparently failed to convince the man not to jump, one of the witnesses said. Police later confirmed to the Post that a 33-year-old man – surnamed Li – was found in a dangerous position on the roof of Chater House on Connaught Road Central at 2.08pm local time. Li threw himself off the building before the city’s emergency crew arrived.

 

The man landed on the four-lane western-bound carriageway outside the building. A police spokeswoman said Li was taken to Ruttonjee Hospital, where he was declared dead at 2.31pm. Police are investigating the case.

 

According to several JP Morgan employees, the man was a junior-level investment banker who played a supporting role on various projects.

 

A Hong Kong-based JP Morgan spokeswoman said the bank was aware of the incident but it could not confirm at this stage whether the deceased was an employee of the bank. The bank is working with other parties including the police and the property manager of Chater House to follow up on the case, she added.

 

“There were lots of police, ambulance cars and even some firefighters at the scene, right in front of Chater House,” said one witness, a security guard at Jardine House, an office building opposite Chater House in Central.

 

“Connaught Road Central was blocked for nearly two hours in the afternoon,” he added.

 

Another witness working for a financial firm in Jardine House said he and his colleagues were having coffee at a nearby Starbucks when the suicide happened. They heard a heavy sound suddenly from the ground and later realised it was a man who jumped to his death.

 

“We thought it might have been a car tyre [exploding]. It’s sad to know it is a suicide case,” he said.

 

The incident apparently had some internal impact on JP Morgan’s business activities in Hong Kong – at least one business meeting was cancelled immediately after the suicide happened.

 

According to one manager working for a British bank in Hong Kong, his team were originally scheduled for a meeting with JP Morgan at 3pm but it was suddenly cancelled without explanation.

 

JP Morgan takes up 10 floors, from the 20th to 29th, of Chater House, one of the financial district’s landmark high-rises. It is the main regional head office location for the bank, which also houses its staff in Hong Kong in several other buildings across the city. Chater House also carries the logo of JP Morgan on the top corner of the building.

Hong Kong's On.cc Released photos of the suicide below (warning: graphic).

Perhaps what is most notable about this particular death is the reference that the man was involved with FX trading: as is well-known, this is a hot topic for banks around the world, as it is expected to be the next Libor-manipulation like bonanza for regulators and enforcers. Did he know too much?

Finally, via Financial Post, here is a chronological summary of all recent banker deaths:

Sunday, Jan. 26: London police found William Broeksmit, a 58-year-old former senior executive at Deutsche Bank AG, dead in his home after an apparent suicide.

Monday, Jan. 27: Tata Motors managing director Karl Slym died after falling from a hotel room in Bangkok in what police said could be possible suicide. Slym, 51, had attended a board meeting of Tata Motors’ Thailand unit in the Thai capital and was staying with his wife in a room on the 22nd floor of the Shangri-La hotel. Hotel staff found his body on Sunday on the fourth floor, which juts out above lower floors.

Tuesday, Jan. 28: a 39-year-old JPMorgan employee died after falling from the roof of the European headquarters of JPMorgan in London. The man, Gabriel Magee, was a vice president in the investment bank’s technology department, a source told WSJ.

Wednesday, January 29: Russell Investments’ Chief Economist Mike Dueker was found dead in an apparent suicide. Police said it appears Dueker took his own life by jumping from a ramp near the Tacoma Narrows Bridge in Tacoma, Wash., AP reported. According to Bloomberg, Dueker, 50, had been missing since Jan. 29, and friends and law enforcement had been searching for him.

The week before, a U.K.-based communications director at Swiss Re AG died. The cause of death has not been made public.

Monday, February 3: 37-year-old JPMorgan Chase & Co executive director who died from unknown causes Feb. 3 appears to be the latest in a series of untimely deaths among finance workers and business leaders around the world in the past three weeks. Ryan Crane, a JPMorgan Chase & Co. employee who in a 14-year career at the New York-based bank rose to executive director of a unit that trades blocks of stocks for clients, died in his Stamford, Connecticut, home.

Tuesday, February 18: 33-year old JPMorgan forex trader is the latest in a string of suicides to take his life in Hong Kong.

 


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Tue, 02/18/2014 - 10:06 | Link to Comment Infinite QE
Infinite QE's picture

Anyone starting a pool on who's next?

 

Tue, 02/18/2014 - 10:07 | Link to Comment IdeasRbulletproof
IdeasRbulletproof's picture

Another from JP perhaps...?

Tue, 02/18/2014 - 10:14 | Link to Comment SamAdams
SamAdams's picture

Nice coverup by photographing the guy told to commit suicide or family "gets it".  Guess we know these guys really are shooting themselves to death with a Bostitch. 

Alternatively, can we trust photos in the days of Sandy Talmud Hook media?

Tue, 02/18/2014 - 10:19 | Link to Comment Arius
Arius's picture

Please stop the CNN reporting ... there are a million bankers .... 250.000 people working at JPM ... one or few will either suicide or suicided ... it happens everywhere just have a look into DC .... just gets no publicity - dont give it publicity!

Tue, 02/18/2014 - 10:20 | Link to Comment J S Bach
J S Bach's picture

JP Morgan is long on parachute futures.

Tue, 02/18/2014 - 10:22 | Link to Comment SoilMyselfRotten
SoilMyselfRotten's picture

JPM sure needs some higher rails on top of their buildings.

Tue, 02/18/2014 - 10:27 | Link to Comment Divided States ...
Divided States of America's picture

Dimon's hit squad at work right now....If i work at JPM, I would watch my back going to and from work just to be safe.

Tue, 02/18/2014 - 10:29 | Link to Comment Headbanger
Headbanger's picture

What I said here before

 

Suicides occur in clusters.  And this one isn't over yet.

 

Wow.. He made it all the way to the middle of the street too!

Tue, 02/18/2014 - 11:01 | Link to Comment BaBaBouy
BaBaBouy's picture

Will JP Blame Everything On This Poor Guy???
He Did All The Shit, All His Fault???

Tue, 02/18/2014 - 11:35 | Link to Comment TeamDepends
TeamDepends's picture

"Did he know too much?"  Ya think?

Tue, 02/18/2014 - 11:37 | Link to Comment icanhasbailout
icanhasbailout's picture

Here's a very appropriate blast from the past https://www.youtube.com/watch?v=yge311sFhC8

Tue, 02/18/2014 - 11:49 | Link to Comment Chupacabra-322
Chupacabra-322's picture

Like I've mentioned before. Their beginning to eat their own. This will only escalate. Hopefully all the way to the District of Criminals.

Tue, 02/18/2014 - 12:01 | Link to Comment Divided States ...
Divided States of America's picture

Ok...so London, Hong Kong, New York, Bangkok. Lets bet which city the next suicide takes place in. I say its Tokyo or Singapore.

Tue, 02/18/2014 - 12:42 | Link to Comment johnQpublic
johnQpublic's picture

this is a good start and all, but can we pick up the pace a bit?

guy above says there are like 250k of these bastards, so the progress here is just amazingly slow

Tue, 02/18/2014 - 18:55 | Link to Comment StychoKiller
StychoKiller's picture

Promises, promises.

Tue, 02/18/2014 - 11:51 | Link to Comment Scarlett
Scarlett's picture

CONFESS AND LEAVE A LETTER YOU FUCKERS!

Tue, 02/18/2014 - 12:01 | Link to Comment manofthenorth
manofthenorth's picture

What do you call 6 dead bankers ?? A GREAT START !!!!

JUMP YOU DIRTY BASTARDS !!!

Wed, 02/19/2014 - 15:03 | Link to Comment papaclop
papaclop's picture

I wish Jamie Dimon would take the plunge.

Tue, 02/18/2014 - 13:01 | Link to Comment V in PA
V in PA's picture

They can't or  'the family gets it'.

Tue, 02/18/2014 - 14:18 | Link to Comment kralizec
kralizec's picture

Indeed.

If the fit hits the shan, at least tell us who the leaders of the cabal that are leading it.  I mean we know probably most of them, but man up and name names you pussies!

Tue, 02/18/2014 - 13:24 | Link to Comment y3maxx
y3maxx's picture

NSA, CIA & Banksters at work here.....First exposing the malcontent Generals and now the Bankers. These are not suicides. They are messages to the rest of the bankers who may be thinking of turning "Whistleblower".

Tue, 02/18/2014 - 14:57 | Link to Comment Dr. Destructo
Dr. Destructo's picture

It adds up. You gotta have a conscience in order to off yourself because of what you've contributed to an unethical organization.

These people had consciences, and they could easily become whistleblowers.

Good call!

Tue, 02/18/2014 - 12:03 | Link to Comment Pairadimes
Pairadimes's picture

The forecast calls for rain (ing banksters).

Tue, 02/18/2014 - 10:58 | Link to Comment Oldballplayer
Oldballplayer's picture

I was thinking that too.  Thats either some adrenenal leg strength or some wicked cross winds.  Thats cliff diver power.

That boy was motivated.

Tue, 02/18/2014 - 14:13 | Link to Comment Bastiat
Bastiat's picture

70ft broadjump?  I don't think so.  Maybe the guy on the rooftop was an actor and the guy in the street was dropped from a helicopter just as the guy on the roof jumped back down onto the rooft.  There is no way someone can cover that lateral distance -- unless he's wearing a flying squirrel suit.

Tue, 02/18/2014 - 14:24 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

Math for tha muthafuckin' win.

Tue, 02/18/2014 - 19:22 | Link to Comment FEDbuster
FEDbuster's picture

Humpty Dumpty was pushed.

Tue, 02/18/2014 - 23:17 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

all the king's horses

and all the king's men

couldn't make a charge

stick to that fucker Jamie Dimon.

Oh I'm sorry, was that supposed to rhyme?

 

Tue, 02/18/2014 - 16:41 | Link to Comment Luckhasit
Luckhasit's picture

Pretty much my thoughts.  Fuck banking, this guy should do the long jumps in the Olympics. 

Tue, 02/18/2014 - 23:57 | Link to Comment Ranger4564
Ranger4564's picture

Maybe he was struck by a car / truck and dragged.

Tue, 02/18/2014 - 11:03 | Link to Comment Muddy1
Muddy1's picture

Sensationalism by ZH, much like the use of the words collapse, plunge, and crisis when downward movements are 1 or 2% or less.  This is hardly an epidemic when it is only number 6 out of how many bankers in the world?  Come on ZH, tone down the sensationalism.

Now, if you want to consider a more accurate use of the word epidemic in relation to suicide look at the number of US soldiers, and soldiers from other countries, that have committed suicide since returning from numerous deployments in Iraq and Afghanistan.

Tue, 02/18/2014 - 11:09 | Link to Comment CrashisOptimistic
CrashisOptimistic's picture

Actually the cause of it for war veterans and bankers and others is all the same.

SSRI medication.  Suicide is a side effect.

Tue, 02/18/2014 - 11:28 | Link to Comment Greenskeeper_Carl
Greenskeeper_Carl's picture

suicide...or a whole lot of homicide. the other side effect of these drugs. pretty much every single mass shooter in the past couple decades was doped to the gills on one or more of them

Tue, 02/18/2014 - 11:12 | Link to Comment Jumbotron
Jumbotron's picture

Sorry Muddy1.......ZeroHedge is at its best when giving forward guidance.  And this is certainly that.

Tue, 02/18/2014 - 12:10 | Link to Comment Muddy1
Muddy1's picture

Yeah, remember to fall forward.

Tue, 02/18/2014 - 14:15 | Link to Comment Jumbotron
Jumbotron's picture

Don't rely on just one input of forward guidance.....even the spate of banker suicides.....but DON'T dismiss out of hand either.  The best forecast models take in the most data points.....even small sets and weighs them accordingly....(sometimes this is best left to human judgement.....but you need the data point non the less).

Take it from an ex-meteorologist who has had to deal with many forecast models.....some of which had a built in bias for rain that was never fixed.....you had to adjust yourself.....but you wanted the model to have the initial data in the first place even knowing about the bias.

Tue, 02/18/2014 - 14:29 | Link to Comment MarsInScorpio
MarsInScorpio's picture

Muddy1 . . . signs up to start putting tin-foil hats on everyone who starts thinking that maybe there is something to this.

 

"It was just a crazy, tin-foil hat conspiracy theroy" . . . until it wasn't.

-30-

Tue, 02/18/2014 - 18:00 | Link to Comment warish
warish's picture

I am amazed at people's ability to be in denial and just plow ahead.

Tue, 02/18/2014 - 11:22 | Link to Comment Wile-E-Coyote
Wile-E-Coyote's picture

Hey maybe he thought he was Neo.

Why are his trousers around his ankles? Maybe someone tried to fuck him literally!! Is JD in HK?

Tue, 02/18/2014 - 11:25 | Link to Comment booboo
booboo's picture

Nice form on the way down, he nailed the double camel toe loop but his score will reflect the apparent wardrobe malfunction. Team Morgue is still in contention for a Bronze but if Dimon shows up on the card it should catapult them into a definite Gold Medal contention.

Tue, 02/18/2014 - 10:29 | Link to Comment Oh regional Indian
Oh regional Indian's picture

Strange world getting stranger by the minute.

And all this photo evidence, do we even know what really happened? Were those men in black telling him to jump or not jump? 

World is at a tipping point, something has to give....

ori

http://aadivaahan.wordpress.com/2010/06/18/of-tipping-points-and-shape-s...

Tue, 02/18/2014 - 10:31 | Link to Comment Divided States ...
Divided States of America's picture

Something has to give? Reality has to give in to Fantasy.....equity markets are up again.

Tue, 02/18/2014 - 12:10 | Link to Comment Oh regional Indian
Oh regional Indian's picture

Stranger and stranger is the new normal.

ori

Tue, 02/18/2014 - 13:29 | Link to Comment Ferrari
Ferrari's picture

ORI, you're a good man. I've been reading your blog, and have enjoyed it in the past. We're fellow travelers. It's all about the culture and willfull ignorance. Just to say, rock on.

Tue, 02/18/2014 - 13:39 | Link to Comment Oh regional Indian
Oh regional Indian's picture

Thank you Ferrari. Appreciate meeting a resonant fellow traveller :-)

Tue, 02/18/2014 - 21:08 | Link to Comment bunnyswanson
bunnyswanson's picture

Being a person who has known 2 people who have taken their life (brother and father), I can say that they will talk about it before the act because no one wants to die. This can take place up to 6 months before.  But they do need to talk about it, because they are looking for someone to save them from the place they find themselves in (intolerable physical reaction to being painted into a corner, agitation, sleeplessness, loss of appetite, unable to focus on everyday things causing withdrawal from family and conversations, looking disheveled due to being tired and distracted).

 

The bankers in charge of the TBTF banks are murdering thieves.  They kill millinos everyday with predatory lending practices in 3rd world nations, fund and deliver weapons to regions where women and children are in the cross fire.  The Wizard of Oz is also a heartless bastard quite obviously, because I believe he gives the orders. 

I think these people who are close to the hornets nest are interviewed periodically and determined to be "loose cannons" or weak links and are probably stalked and watched for up to a year before the actual event.  They may be driven to it by stalking by groups assigned to watch over them, their every move. If they have family, their family may be at risk and they are made to realize it with drops of hints in a variety of ways to taunt them.

Anyone who is in this predicament needs to take a vacation.  Dye your hair.  Get grubby clothes.  A supermarket cart and blend into the homeless people's scene.  Go into a coffee shop, get on the computer and contact a journalist who has made front page news.  Once you are under the protection of a journalist, they should leave you alone, especially if your testimony can end this mad world these psychopathic killers have created.

 

Tue, 02/18/2014 - 13:06 | Link to Comment RafterManFMJ
RafterManFMJ's picture

JPM sure needs some higher rails on top of their buildings.

 

Why can't they encase all of their buildings over 2 stories with those sweet anti-suicide nets like they have at Foxconn?  Perhaps they could also print a pamphlet for their shady traders about how suicide ISN'T painless, and DOESN'T bring on many changes, so they should NOT take it, even if they please?

Tue, 02/18/2014 - 10:24 | Link to Comment iLiquid
iLiquid's picture

Which is precisely the kind of insider trading in which the CFTC is supposed not to investigate.

Tue, 02/18/2014 - 11:48 | Link to Comment skins1
skins1's picture

or short..

Tue, 02/18/2014 - 13:57 | Link to Comment Kirk2NCC1701
Kirk2NCC1701's picture

Now that's a crash we can live with.

Sorry, nothing personal.  It's just business.  Isn't that what they tell us all the time?

Tue, 02/18/2014 - 14:01 | Link to Comment Carbon Beach
Carbon Beach's picture

I used to run / walk stairs in some of the office towers (50 + floors) where I worked. On occasion if my climb took me to the mechanical floor that has access to the roof deck, it was locked. In some cases, there were chains with padlocks on part of the door handles. The last thing property owner’s want is a lawsuit filed because of a jumper taking out pedestrians, bus or car passengers. The only time I had access to the roof is when a property manager or construction crew that was working on a new building or doing renovations provided access. To get access to the roof was a bit of a process and did not involve just one phone call. The access these jumpers have appears to be way too convenient.

Tue, 02/18/2014 - 10:22 | Link to Comment SamAdams
SamAdams's picture

Wow, that sounds like a real problem.  Maybe the solution is more publicity?

Tue, 02/18/2014 - 17:48 | Link to Comment Thought Processor
Thought Processor's picture

 

 

Yes, nothing to see here folks, move along.

 

These are not the droids you are looking for.

 

 

Tue, 02/18/2014 - 10:30 | Link to Comment Dr. Richard Head
Dr. Richard Head's picture

I like to see this getting publicity.  Whether it is the prescription medication, forced suicide, or bankers having some sort of remorse as they fuck over the world, I want to see this in the headlines daily.  These fucks have fractionally reserve fucked anyone who dares save more than they consume and I couldn't be happier.  This pace might beat the old Great Depression rate of 22 suicides per 100,000. 

Tue, 02/18/2014 - 11:07 | Link to Comment Freddie
Freddie's picture

No tribesmen have been harmed.

Tue, 02/18/2014 - 12:24 | Link to Comment Chief KnocAHoma
Chief KnocAHoma's picture

No tribesmen have been harmed...yet.

That will be the true sign of "eating their own." Either that or some mean mother fucker rises to power promising to purge them from the earth. A few million people die to stop him and we all live happily ever after... for a few generations anyway.

Tue, 02/18/2014 - 12:53 | Link to Comment Breezy47
Breezy47's picture

Prove that it is business as usual, please. I'm not buying it.

Tue, 02/18/2014 - 15:17 | Link to Comment Nick Jihad
Nick Jihad's picture

At any given time, people are committing suicide, for lots of reasons - divorce, disease, depression. And even purely random events will often cluster in ways that don't look random, even though they are. So yeah, there's still room to be skeptical that this portends any sort of catastrophe.

Tue, 02/18/2014 - 15:26 | Link to Comment Tall Tom
Tall Tom's picture

Sorry to disturb your illusion. Forget it. No need to concern yourself. 

Now go back to sleep... Good. Sleep.

Your Government is in control. No need to upset yourself...Sleep.

 

You will be okay. It is all under control. Sleep.

Tue, 02/18/2014 - 12:55 | Link to Comment nightshiftsucks
nightshiftsucks's picture

Fuck you Arius,I'm enjoying this shit. Are you a fucking piece of shit banker ?

Tue, 02/18/2014 - 10:19 | Link to Comment Thought Processor
Thought Processor's picture

 

 

 

Dead men tell no tales.

 

Something big must be brewing here.  Something real big.

Tue, 02/18/2014 - 10:22 | Link to Comment fonestar
fonestar's picture

It may be a suicide but nobody knows what this man was told before he went on the roof.  Was his family threatened?

Tue, 02/18/2014 - 10:42 | Link to Comment Thought Processor
Thought Processor's picture

 

These are likely the potential wistleblowers being taken out of the equation here.   I think it's a pretty safe bet that something 'unusual' has happened in JPM's FX department.  

 

Any other bankers reading this:  Make sure you have a fail safe evidence drop prepared before you begin the wistleblowing process.  This is critical.  Take screen shots with a digital camera if you can not download the info.  Avoid other methods of duplication that create red flags or can be tracked.

Evidence should be dispersed in triplicate or more to trusted neutral parties largely unrelated to you and the business.  Avoid going to Gov. agencies for help.   Do not go to Wikileaks.   Directions should be made for the info. to go to several independant blogs and or journalists (if there are any independant journalists left).

Any other advice is welcomed from other knowledgable members here on Zerohedge.

Good luck to all-

 

Peace.

Tue, 02/18/2014 - 10:52 | Link to Comment fonzannoon
fonzannoon's picture

No offense, but you really think this junior level fx trader had intricate knowledge of an imminent collapse, or some massive derivative that was about to blow up?....and he was going to tell the world....and so he was suicided?

Have any of you guys ever met these 30 something FX trader types? They are the most narcisistic, selfish etc. etc. etc. people around. The ones in NY anyway, I don't see why it would be any different anywhere else. They care about one thing. Money. How many of those Libor manipulating assholes let their conscience get to them? Their emails were spilled all over the web. Think they gave a shit? Think they ever intended to do the right thing?

As long as we are taking some guesses. He was a junior piker. His girlfriend rang up his Amex at the mall and then dumped him for the director of his FX dept that she banged in the broom closet at the company holiday party.

 

Tue, 02/18/2014 - 10:57 | Link to Comment derek_vineyard
derek_vineyard's picture

when i think JPM et al; i think homicide, not suicide

Tue, 02/18/2014 - 11:03 | Link to Comment fonzannoon
fonzannoon's picture

when I think JPM I think Jamie Dimon, not this guy.

http://www.bloomberg.com/news/2014-02-18/fx-traders-facing-extinction-as...

Tue, 02/18/2014 - 11:35 | Link to Comment jbvtme
jbvtme's picture

fonz...about this FX trader's girlfriend who serviced his boss...does she have a facebook page?

Tue, 02/18/2014 - 11:37 | Link to Comment fonzannoon
Tue, 02/18/2014 - 12:15 | Link to Comment BTCTalks
BTCTalks's picture

Upload your files to the Bitcoin blockchain.  It is then encrypted.  One could print out the encryption and split it up 3 (or five, or seven, etc) ways in different locations such that a majority of the pieces must be combined to decrypt the files.  Done.  No worries about the actual data as that is safe.  Just have to keep the encryption secure.  Still not foolproof, but better.

Tue, 02/18/2014 - 11:37 | Link to Comment Tall Tom
Tall Tom's picture

Narcissists do not commit suicide...generally. They love themselves too much and are enamored by their own image.

 

The deaths are foreboding of something that is brewing deep. They know what is coming down the pike.

 

If this man was Asian then it can be understood that he "lost face" somehow.

Tue, 02/18/2014 - 12:07 | Link to Comment NotApplicable
NotApplicable's picture

Homicide, maybe. But suicide?

Put me in the category of being "given an offer one cannot refuse."

Tue, 02/18/2014 - 12:36 | Link to Comment chindit13
chindit13's picture

That is because you might be suffering from the horrible scourge of being rational and having perspective.  Look at the other clowns around here.  They're already building a grand conspiracy based on the deaths of a junior FX trader, an index arb guy, a code writer and laptop repairman, and a small time title insurer.  Yea, those guys are at the heart the multi-trillion dollar financial crisis, bailouts and QE.

Such is the analytical skill level and knowledge of the current Zerohedge crowd that they make Dick Bove seem like a combination of Isaac Newton and Hercule Poirot.  As for the schadenfreude...well, that's one more reason why I see little to recommend either Jamie and Lloyd or any of this new crop of losers who frequent Zerohedge.

Hey, I wonder if Tyler will be posting a few of the obituaries of all the stackers who offed themselves since 2011 and since their purchasing power tumbled 30-60%?  You know, equal time to elicit the same degree of compassion.

Tue, 02/18/2014 - 12:41 | Link to Comment fonzannoon
fonzannoon's picture

Thanks for that post Chindit

Tue, 02/18/2014 - 14:00 | Link to Comment Herd Redirectio...
Herd Redirection Committee's picture

Its not all about who gets killed, if these deaths are meant to... SEND A MESSAGE.

Tue, 02/18/2014 - 13:26 | Link to Comment V in PA
V in PA's picture

I, for one, love conspiracy theories. Most are crap, some are true but nearly all are interesting. It keeps the mind working.

 

But in this instance, the schadenfruede is the best part.

Tue, 02/18/2014 - 11:08 | Link to Comment Thought Processor
Thought Processor's picture

 

Ok, I'll bite in this one-

 

Junior bankers take orders from senior bankers right?  And the other two Suicides were more senior yes?  

And they were also from a higher office (London) correct?   And the Asia office takes orders from the higher offices, no?

I'm just connecting dots here and have no other knowledge of anything on this but jeez, where there is smoke there is fire and um.......   this is some pretty black smoke.

 

Need I go on?

 

 

Tue, 02/18/2014 - 11:19 | Link to Comment cro_maat
cro_maat's picture

Fonz while I agree that 33 year old FX traders are generally narcissistic I would not dismiss the coincidental nature of this untimely death. There is a dark pattern spreading outward from the whale's blowhole and I do not think we have seen the last of the great JPM FX purge. The world is in full currency war mode right now and FX / Gold trading / manipulation (along with CB money printing) is a key component of the volatilities we are seeing in the emerging markets. Germany wants its gold and can't / won't get it. They will exact their pound of flesh with an FX manipulation investigation. JPM is just closing the drawbridge, releasing the alligators into the moat and purging the inner circle including the bag men.

Tue, 02/18/2014 - 11:28 | Link to Comment mess nonster
mess nonster's picture

27 is a bad year for musicians and rock stars. Mid 30's is dangerous for up and comers at JPM. Mid 50's is tough on bank senior management guys. If a farmer can avoid planting GMO's he might live for a good long time, if he can keep from being eaten by the hay baler.

Tue, 02/18/2014 - 12:40 | Link to Comment Seize Mars
Seize Mars's picture

You sound like Chauncey Gardener.

Tue, 02/18/2014 - 11:28 | Link to Comment fonzannoon
fonzannoon's picture

Maybe, but somehow the pressure of all that would seem to hit the high level guys a hell of a lot harder than some piker who is trying to figure out the basics of FX while delivering coffee.

Tue, 02/18/2014 - 11:53 | Link to Comment cro_maat
cro_maat's picture

Fonz - Most 33 year old FX traders on the Street have about 10 years of trading experience. These guys are up to their elbows in the shit. Even the pretty interns at the squid don't carry coffee for very long. They start with polishing knobs of the trading execs. or they take a hike.

Tue, 02/18/2014 - 11:58 | Link to Comment fonzannoon
fonzannoon's picture

A junior level investment banker who played a supporting role on various projects. To each their own man, but some people on here are reaching, and I don't think it's me.

Tue, 02/18/2014 - 12:10 | Link to Comment NotApplicable
NotApplicable's picture

You accused a likely narcissist of committing suicide because of social pressure, yet you're not reaching?

LOL

Tue, 02/18/2014 - 12:16 | Link to Comment fonzannoon
fonzannoon's picture

You believe a low level junior piker uncovered some grand conspiracy and tried to be a whistleblower hero that was brought out onto the roof by men in black and suicided...and your not reaching?

LOL

Tue, 02/18/2014 - 13:15 | Link to Comment Greenskeeper_Carl
Greenskeeper_Carl's picture

ya, im an established tin foil hat wearer myself, but i think people are doing some serious reaching on this one myself. If it was jamie or lloyd maybe id buy it, but these guys all seem like pretty small fish in the pond

Tue, 02/18/2014 - 14:12 | Link to Comment Urban Redneck
Urban Redneck's picture

The reaching you're doing is taking JPM's characterization of reality at face value ... "A junior level investment banker who played a supporting role on various projects."

If I worked at JPM, and decided to suicide myself- their spin team might say "A executive banker who played a supporting role on various projects."

The supporting and various just rub my BS stick the wrong way...

The dots don't have a clear pattern yet, so the pointilism is premature, but the number of JPM dots is troubling, it's hard to paint a masterpiece picture without a diversity of dots in progressing and complete color groups (and without putting the first dots on a canvas).

Tue, 02/18/2014 - 11:08 | Link to Comment Bangin7GramRocks
Bangin7GramRocks's picture

I don't buy the conspiracy angle. There hasn't been a banker even threatened with an indictment after they blew up the world financial system. What do any of them have to fear? They are more protected than the fucking Giant Panda!

Tue, 02/18/2014 - 11:23 | Link to Comment Thought Processor
Thought Processor's picture

 

 

Who knows.  Maybe they are afraid for what they have uncovered.   Maybe they are the good guys.  Maybe they know too much.  Maybe this is all pure coincidence.  

Maybe they all just want to see what the next life holds for them.   Don't know.  But it does raise some serious questions.   Let's start with:  what the hell is going on at JPM?

That said, I think it's safe to say that there will be no real investigation of this, at least if history provides any example.

 

 

Tue, 02/18/2014 - 11:30 | Link to Comment mess nonster
mess nonster's picture

Indictments come from grand juries who need evidence to indict. That evidence comes from whistleblowers. Dead men tall no tales. There's the conspiracy.

Tue, 02/18/2014 - 12:51 | Link to Comment Thought Processor
Thought Processor's picture

 

+100 Mess nonster.

 

And motive always precedes actions.

Tue, 02/18/2014 - 11:42 | Link to Comment Bangin7GramRocks
Bangin7GramRocks's picture

I do agree with you, but I believe that the Justice Department wouldn't arrest one of these fucks if he walked into a police station with a bloody knife, admitted killing his family and then drove the cops back to the hoiuse full of dead bodies. Something about the fragility of the financial system. I know an IRS lawyer who told me that this is true and fines are the only penalty to ever be administered to big banks.

Tue, 02/18/2014 - 12:13 | Link to Comment NotApplicable
NotApplicable's picture

You just contradicted yourself. Low-level banker suicides ARE the dead bodies, and they occur at the hand of the those who seek to protect the big banks.

Tue, 02/18/2014 - 12:30 | Link to Comment Bangin7GramRocks
Bangin7GramRocks's picture

The point is that each of these banks have been caught red handed and balls deep in every fraud and scheme imaginable and no human has been held accountable. Why do they need to "suicide" people when there are no consequences to the crimes. And as far as the horror of the great collapse. Who is in better shape to deal with the collapse than a person with the means to prepare and who may even get a head start before the shit goes down. 

Tue, 02/18/2014 - 14:22 | Link to Comment Urban Redneck
Urban Redneck's picture

Dead men do tell tails, all the time.

But men who pull strings often use both misdirection esotericism to achieve their ends.

What is the message and who is the intended audience?

If you don't understand the game, or are tasked with investigating it, jumping down a rabbit hole and rifling through the desk and history of some irrelevant nobody... instead of the guy who had the desk to him...
Dinner calls...

Tue, 02/18/2014 - 11:47 | Link to Comment Tall Tom
Tall Tom's picture

What do any of them have to fear?

 

There will be a POST COLLAPSE period that will be rather bloody, not only to them but to all of their progeny.

 

 

Tue, 02/18/2014 - 11:11 | Link to Comment Freddie
Freddie's picture

Who are junior banksers going to whistleblow too?  The govt?  LOL!  The govt media news complex?

Tue, 02/18/2014 - 11:32 | Link to Comment CH1
CH1's picture

Who are junior banksers going to whistleblow too?

Chelsea Manning was very, very "junior." Snowden wasn't at a high level either.

Tue, 02/18/2014 - 11:33 | Link to Comment mess nonster
mess nonster's picture

With hundreds of trillions riding on the deal, a whistleblower doesn't have to go to the gov't. The truth of the massive insolvency simply has to get out into the market, and the whoe motherfucking deal goes up in smoke.

That's when guys get defenestrated.

Tue, 02/18/2014 - 12:33 | Link to Comment cro_maat
cro_maat's picture

You nailed it. There is information being covered up that would not result in prosecution (because they are TBTF / TBTJ j=jail) but would result in a counterparty confidence loss / market confidence loss / withdrawal of trading capital /margin calls / ponzi implosion.

Tue, 02/18/2014 - 11:52 | Link to Comment Tall Tom
Tall Tom's picture

Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide

 

As if Zerohedge can do something?

 

I do not know. #AskJPM....

Tue, 02/18/2014 - 12:31 | Link to Comment bh2
bh2's picture

As to junior people having no access to knowledge of skulduggery engineered by higher authority, does the name Snowden ring a bell?  There is virtually no fraud (and coverup) possible which does NOT tip at least a few in the lower ranks that something foul is afoot.

Tue, 02/18/2014 - 12:56 | Link to Comment fonestar
fonestar's picture

No offense, but you really think this junior level fx trader had intricate knowledge of an imminent collapse, or some massive derivative that was about to blow up?....and he was going to tell the world....and so he was suicided?

Wasn't Bruno Iksil using patsies as well?

Tue, 02/18/2014 - 12:57 | Link to Comment nightshiftsucks
nightshiftsucks's picture

So maybe he has a friend who is a higher up and told him something he didn't need to know.

Tue, 02/18/2014 - 13:30 | Link to Comment Carbon Beach
Carbon Beach's picture

Or the meeting was canceled after this guy jumped because he was the one assigned to take notes.

Tue, 02/18/2014 - 14:05 | Link to Comment Overfed
Overfed's picture

Ya' just never know what some junior piker might stumble across.

Tue, 02/18/2014 - 10:51 | Link to Comment fxrxexexdxoxmx
fxrxexexdxoxmx's picture

He was advising clients about Bitcoin.

Tue, 02/18/2014 - 11:12 | Link to Comment Sean7k
Sean7k's picture

The Li family is the most powerful in China and controls many of the Triads. They have ties to the Illuminati. You can't "threaten" his family.

Tue, 02/18/2014 - 11:40 | Link to Comment Arius
Arius's picture

you care to guess how many influential LI families are in China?

Tue, 02/18/2014 - 11:45 | Link to Comment Grinder74
Grinder74's picture

Um, that's like saying the Smith family is the most powerful in America.

Tue, 02/18/2014 - 12:27 | Link to Comment SAT 800
SAT 800's picture

My God. you said something that made sense; that's wonderful. keep it up. just stay off the cult subject, and you'll probably be alright.

Tue, 02/18/2014 - 14:09 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

He left all his bitQuatloos & MtQox and now he's broke?

Tue, 02/18/2014 - 11:05 | Link to Comment Tabarnaque
Tabarnaque's picture

There are 2 men in black standing behind him on the picture. They don't look like trying to help the man at all. Guarding the exit maybe?

On the other hand, I wish that higher level executives at JPM and GS would follow this example... It would clean the earth surface from those scums.

 

Tue, 02/18/2014 - 12:21 | Link to Comment seek
seek's picture

As I mentioned in a thread just a few days ago -- these are banks that can launder billions in drug money, set people up to fail so they foreclose homes, etc, with slap-on-hand consequences, and we're seeing this kind of house cleaning? Big can't even begin to describe the size. It's got to involve state-level actors, it's the only explanation that holds water at this point since JPM would walk on anything else.

Tue, 02/18/2014 - 10:22 | Link to Comment GoldenDragon
GoldenDragon's picture

It seems to me that at least some of those bankers committing suicide did so because they developed some type of conscience and coulnd't live with what they did.  It's a cowardly cop-out.

Instead, they should dedicate themselves to exposing the truth.

Tue, 02/18/2014 - 10:35 | Link to Comment forwardho
forwardho's picture

some of those bankers committing suicide did so because they developed some type of conscience

Oh! HA! HA! HA! HA!

Thats coffee spurtin funny!

Tue, 02/18/2014 - 11:19 | Link to Comment Freddie
Freddie's picture

More like someone spoke up and was concerned.  It got back to the boss and "Security" Dept and the junior banker was invited to a confernece on the roof.  Or they were chloroformed, taken to teh roof and tossed off.

Tue, 02/18/2014 - 10:32 | Link to Comment forwardho
forwardho's picture

Like a bone head, when I was young I braced a 2x4 against my leg to hold two timbers together while I shot a 16 penny nail into them. It skipped off a knot and sunk 2.5" into my shin.

Don't know how that guy shot himself multiple times with nail gun before dying. The one in my leg put me down and out.

But... I guess it is technically possible.

Tue, 02/18/2014 - 10:38 | Link to Comment lakecity55
lakecity55's picture

Negatory!

Way too many inconsistencies with SH.

What is truly horrible is that your own government, or some rogue unit of, is intentionally murdering its citizens.

If Bath House Barry was really unchained, his mentor, Ayers, would have Death Camps in operation. Let's hope it does not come to that. These kinds of people are filled with murder, hate, and a quest for Absolute Power. Nihlism and Death are their Gods.

Tue, 02/18/2014 - 10:15 | Link to Comment max2205
max2205's picture

Why are his pants around his ankles? 

Tue, 02/18/2014 - 10:29 | Link to Comment SamAdams
SamAdams's picture

Good question.  Perhaps he forgot his belt in his rush to kill himself?  He did do a very good job of tying his shoelaces though.

Tue, 02/18/2014 - 11:32 | Link to Comment Greenskeeper_Carl
Greenskeeper_Carl's picture

perhaps he 'caradine-d' himself?

 

Tue, 02/18/2014 - 10:43 | Link to Comment lakecity55
lakecity55's picture

Bath House could not resist the temptation to give the victim a BJ before he pushed him off the building.

Tue, 02/18/2014 - 10:53 | Link to Comment unplugged
unplugged's picture

the BJ was his "last request"

Tue, 02/18/2014 - 11:08 | Link to Comment Lumberjack
Lumberjack's picture

His pants were probably removed (or attempted to) by first responders who placed (or were going to put) 'trauma pants' on him

 

http://everything2.com/title/Inflatable+trauma+pants

 

which forces blood from the legs back into the body core as a lifesaving method.

Tue, 02/18/2014 - 10:16 | Link to Comment Richard Chesler
Richard Chesler's picture

Why not take out a few of his bosses before the jump?

Stupid fuck.

Tue, 02/18/2014 - 11:05 | Link to Comment Herd Redirectio...
Herd Redirection Committee's picture

What, with a knife?

Tue, 02/18/2014 - 11:27 | Link to Comment firstdivision
firstdivision's picture

Sure, or a letter opener, mouse cord, keyboard cord, or what ever is at hand.  Heck, just break the closest ceramic mug and use the shards the pierce the neck at the jugular.

Tue, 02/18/2014 - 14:11 | Link to Comment Herd Redirectio...
Herd Redirection Committee's picture

Yes, I know if someone came at me with a shard after smashing a ceramic mug, I would stand there, and maybe even stick my neck out a little, too, while I'm at it!  Actually I would look to front kick the guy...

Tue, 02/18/2014 - 12:32 | Link to Comment e_goldstein
e_goldstein's picture

DHS recommends using scissors.

Tue, 02/18/2014 - 10:17 | Link to Comment Thought Processor
Thought Processor's picture

 

We can at least take comfort knowing that these events will be thoroughly investigated by all government agencies responsible for looking into such matters.

And that justice will reign supreme if in fact there are any legal infractions being made here.

 

Sarc/

Tue, 02/18/2014 - 10:20 | Link to Comment FEDbuster
FEDbuster's picture

Maybe the banksters will have to install nets around their buildings like Foxconn?

 

Tue, 02/18/2014 - 11:00 | Link to Comment Kaiser Sousa
Kaiser Sousa's picture

"its for you Damien....."

Tue, 02/18/2014 - 11:04 | Link to Comment Croesus
Croesus's picture

@ Kaiser Sousa: 

+1,000,000 for the reference...just saw the Gregory Peck version, the other night! 

Tue, 02/18/2014 - 11:56 | Link to Comment Freddie
Freddie's picture

Oh they don't want survivors at the bank.  You find a problem, fraud or wrong doing - you better ignore it or else.

Tue, 02/18/2014 - 23:47 | Link to Comment Bernankenstein
Bernankenstein's picture

50,000 volt electrified barbed wire nets, I'm sure.

Tue, 02/18/2014 - 11:37 | Link to Comment q99x2
q99x2's picture

V on Hagmann and Hagmann says the older banksters are cleaning house so that when they get charged with the crimes that Holder has been protecting them from they won't be able to be prosecuted. Like they will have to take the rap when the collapse gets further along. JP Morgan had to sell thir NYC Office to the Chinese.

Anyhow there are about 24 more to be murdered by the men behind the curtain ((the FED) the enemies of the world.

Tue, 02/18/2014 - 10:18 | Link to Comment yogibear
yogibear's picture

There's a list somewhere. These are the people that were not playing along or deemed as being risky. 

Tue, 02/18/2014 - 10:50 | Link to Comment Sterling Rod
Sterling Rod's picture

These guys need to become whistleblowers first!

Tue, 02/18/2014 - 10:26 | Link to Comment forwardho
forwardho's picture

Pool????

Chief there are already ETF's being sold by the odds makers on WS

Tue, 02/18/2014 - 10:47 | Link to Comment XAU XAG
XAU XAG's picture

It's raining bankers!

 

 

Must be Global Warming/sarc

Tue, 02/18/2014 - 11:03 | Link to Comment Croesus
Croesus's picture

@ InfiniteQE: 

As long as they keep jumping (or getting pushed), who gives a shit? 

I'm not going to shed any tears, for people who make their living fucking up the world. 

I say "JUMP, YOU FUCKERS". 

Tue, 02/18/2014 - 11:22 | Link to Comment ZH Snob
ZH Snob's picture

gravity's a bitch at JPM

Tue, 02/18/2014 - 22:28 | Link to Comment dellievan
dellievan's picture

 

actually gravity is fine,  it's that unusually quick stop that is difficult on the body

Tue, 02/18/2014 - 11:24 | Link to Comment mess nonster
mess nonster's picture

Suicided by defenestration. Worked for Forrestal, still works today.

Tue, 02/18/2014 - 12:08 | Link to Comment SAT 800
SAT 800's picture

One thing you can say about people who jump off of 30 thirty story buildings is that they're not doing it as "call for attention"; like the pill overdosers who are saved in the ER. Jumping off of high buildings is extremely effective.

Tue, 02/18/2014 - 12:35 | Link to Comment selaretus
selaretus's picture

I hope all bankers experiment with acceleration due to gravity and sudden stops!!!

Tue, 02/18/2014 - 12:35 | Link to Comment WTFRLY
WTFRLY's picture

called it 5 days ago on twitter, shoulda gone to vegas :/

Tue, 02/18/2014 - 14:00 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

Come on Parky, YOU CAN DO IT!

Do NOT follow this link or you will be banned from the site!