This page has been archived and commenting is disabled.
Second JPMorgan Banker Jumps To His Death: Said To Be 33 Year Old Hong Kong FX Trader
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
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.
»
- 105076 reads
- Printer-friendly version
- Send to friend
- advertisements -
They've all lost their fucking shirts. Their creditors just don't know it yet. Pretty soon they'll be a queue to the roof exit.
It isnt a question of whether they (low level guys) are being suicided, the question is who is behind the suiciding?
Are low level guys being taken out to cover tracks OR,
are low level guys being taken out to stampede higher level guys into talking?????????????
You do not get hired at JP without drive.
This one is clearly a suicide, unlike many of the previous supposed suicides which seem more like murder. JPM sure seems to be the center of a lot of stories, with their big fines and the suicides and all.
This is tragic, but we've ALL been adversely impacted by Blythe's absence at the CFTC. Some of us become despondent and leap from tall buildings, some eat a nailgun and some of us just sit morosely in our cubes, masturbating furiously at our Jamie Dimon bobblehead dolls and trying to carry on....
One of the alphabet agencies is just testing out their new and improved "suicide" weapon and figured bankers are like ants. If you kill one it won't be missed because 10 more show up in its place. I guess the "heart attack gun" is old technology now.
Joking (kind of) aside, I have never understood what could be so bad or so permanent as to cause one to take their own life.
The only mention of Li's involvement with forex was by Zero, the article states:
According to several JP Morgan employees, the man was a junior-level investment banker who played a supporting role on various projects.
Period.
The minister of propoganda is always hard at work but once again lacking in substance and detail. Though reflecting back... a +2 for the reggae truck and the "put a bird on it" pic. Nice touch...
No, it was the SCMP that mentioned he was involved with Forex.
'A man early on Tuesday jumped to his death from the top of Chater House in Central, where Wall Street bank JP Morgan has its Asia headquarters, witnesses told the South China Morning Post.
The man, said to be in his early 30s, went to the roof of Chater House, a landmark 30-floor building in the heart of Hong Kong’s central business district – also near the city’s stock exchange – and jumped.'
The incident happened between 2pm to 3pm, a witness said.
Several policemen were seen on the roof but apparently failed to convince the man not to jump, one of the witnesses said.
According to several JP Morgan employees, the man was a forex trader with the company.
However, a 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.'
(update)
'An initial police investigation showed he had recently told a colleague he was under heavy work-related stress, according to a police source involved in the investigation. The police said no suicide note was found.
A spokesman for JP Morgan said: "A sad and tragic incident occurred at Chater House, Hong Kong today, which is currently being investigated by the police.'
http://www.scmp.com/business/banking-finance/article/1430296/man-leaps-d...
Fucking ghoulish picture Tyler.
evidence: how did he get so far into the road?
Dead cat bounce.
mystery solved! Send that Dow to green!
"We have now completed the global cost reduction excercise. Everyone who is at this meeting is now safe. All the affected people are now outside the building...."
The man on the roof picture is very nebulous and could be a "staged" photo with the intent of supporting the story that he jumped of his own volition. Images are powerful and easy to manipulate. These deaths make for a menacing message, no ?
Making less money just might save your life. Priorities.
The letters were a little crooked and sadly they still might be. So we need you up on the 13thfloor and leave your stuff
It's raining men! Hallelujah, it's raining men!
https://www.youtube.com/watch?v=l5aZJBLAu1E
?
The guy on top of the building contemplating his jump is not dressed the same as the person lying on the street.
How did his pants come off?
cut?
He must have landed on his feet and the Pants continued the momentum. Impacts will rip clothes right off of victims.
Even in a Judicial Hanging Shoes will fly off when the victim hits the end of the rope. It will pants the victim sometimes as the belts will break..
a "rash" of homicide requiring crime scene
investigation and evidence gathering.
who stands to benefit? who has a motive and
a means to carry out such things and most interestingly
and importantly who or what is in a position to authoritatively
examine and investigate, document and record the "facts"
intimately associated with this most recent "rash"
of homicides, ongoing?
the questions beg an answer, the answer being preordained
as the bodies pile up.
that preordained part is the tramp stamp of fascism,
their unique signature.
Danny O'Keefe - More Than Eva Braun - Live at McCabe's
http://www.youtube.com/watch?v=Tt8THJfvP8A
.
"the fuhrer that you have the
fuhrer you have to lose." d.o.
.
but that don't erase our fascist state.
The JP "Morgue" is filling up quick! I think they need to bring in Al Gore as a "suicide consultant". He did wonders for FoxCon in China by having them install "suicice nets" around their big factory so that any jumpers would be caught in the web and thrown back to the gulag to continue assembling iDiot phones.
But then again, if these aren't all truly suicides then I guess we're going to continue to see more bodies stacking up at the old JP Morgue.
Maybe JPM could ask their new Chinese overlords if they can use that big empty vault under JPM's Chinese owned headquarters to stack the bodies in?
Obviously, nobody pushed this guy. Maybe Bang Dai Ho came home early from work to surprise his wife and found Sum Ting Wong instead.
It's not the fall that kills... instant deceleration is a bitch.
an outbreak of conscience killing bankers....how sad!
Such a waste these people won't take out the SOBs in the corner office on their way out
With you 100% on this. If a business is as fucked up as JPM and drives me to want to commit suicide I am taking out 20 or so with an M4.
The guy's nail gun rolled down an embankment and he just jumped after it, sad but it happens.
Anyone know anything about the Foriegn Exchange market and what exactly is going on?
I was hoping to see one on the ground live I mean dead when I visited NYC last week but no such luck. I want a nice photo that I can turn into a painting.
The JP Morgue is the storong arm of the FED. They are running the spying operations along with the CIA and NYPD out of 55 Broadway forr the FED
Basically they sold the US gold reserves to the Chinese and the S is about to hit the fan.
http://www.nakedcapitalism.com/2011/10/is-jp-morgan-getting-a-good-retur...
How did his pants come off?
Cant see if his shoes are still on. Male jumpers almost always have their shoes pop off. Female jumpers don't usually lose their shoes.
Who cares as long as he jumped!
JPM theme song for this year!
https://www.youtube.com/watch?v=wlq0lYB3iSM
Go ahead and jump!
Another thing I have noticed, and I wonder if it is happening elsewhere as well: The Tampa Bay Area has just experienced a spate of very serious traffic crashes resulting in fatalities, several of them inexplicable head-ons involving wrong-way drivers (rather than just veering across the centerline). One took five lives.
So the question is, are we just seeing a statistical fluke or are people increasingly committing suicide in their cars and on their motorcycles? Or are they just drowning their mounting sorrows with excessive amounts of booze and drugs?
How do we convince more of these lemmings to go off the cliff?
we make sure they are all scared enough to carry guns then we make sure they are all issued prozac to make them feel better:
http://www.ssristories.com/
if it works for other situations... no reason to doubt it this time...
Prozac induces some to mass-murder & murder-suicide. I say, let's have at 'er.
Just spreading seeds
Stroll up to their offices and blare this at 140 dB:
https://www.youtube.com/watch?v=wlq0lYB3iSM
Go ahead and jump!
The death toll from the Fed's 'tapering' continues to climb! Oh, the humanity!
I never get tired of dead banker in the morning.
You can NEVER have enough dead bankster!
JUMP! DO IT!
Sad. But on the lighter side reminds me of the Monty Python Skit with bodies out of windows.
http://www.youtube.com/watch?v=wFbHFTBwem0
it's called bonus fatigue. psychological phenomen causing bankers to off themselfs when they achieve maximum squidness.
This little birdie could sing, but he couldn't fly.
His nail gun jammed after the third shot, he was forced to take "the easy way out" and jump.
this guy must have tried really, really hard to get some air - he's in the middle of the road. How hgh up was this he had SO much time to get that far out? He didn't have a running start, did he?
Starting to wonder if they are being murdered.
Apparently the good News/Jumping Bankers, is not enough to offset the recent weak economic data.... Seems like forever since the last ATH.
Probably... But just as long as more and more of them jump/die/get murdered, the better.
We can't possibly have enough bankster death.
Worry about who is murdering them later. For now, the more the merrier.
It is also interesting that three bankers who were charged in London with conspiracy to manipulate Libor rates on Monday. There is a list of 22 more under investigation. JPM was on the list.
http://www.theguardian.com/business/2014/feb/17/former-barclays-employee...
http://www.theguardian.com/business/2013/oct/21/sfo-investigation-libor-22
It is sick but I suspect that fonestar did find better use for his bitcoins after realising the value is closer to zero
The jumper must have met this guy in Paris!
http://www.youtube.com/watch?v=39X4sXc0Ubc
or isn't this the new paradigm for creating jobs?
33 is the magic number!
Why didn't he just quit? RIP.
Quit what?!
Come on Parky!!
http://www.youtube.com/watch?v=EjBt5XpEezk
The FX investigation appears to be jumping right along. This is probably going to screw up access to the roof top smoking area for everyone now.
#trending ;)
Sad for their families.
One wonders whether their employers had dead peasant policies on their lives.
There is far more stress than we suspect and often their personal lives have not only private but also secret aspects which could be at the point of being exposed.
NO it's not. Their families benefited from the fraud-racket.
They should jump too!
It's a beautiful day in the banksterhood,
a beautiful day in the banksterhood,
won't you be,
oh won't you be,
please won't you be
my neighbor!
Just spreading seeds...
Canada Free Press posted this
http://canadafreepress.com/index.php/article/61200
Based on my findings, these are not mere random, tragic cases of suicide, but of the methodical silencing of individual
s who had the ability to expose financial fraud at the highest levels, and the complicity of certain governmental agencies and individuals who are engaged in the greatest theft of wealth the world has ever seen.
also
http://www.silverdoctors.com/jim-willie-on-bankster-suicides-bankers-wer...
Jim Willie on Bankster Suicides: Bankers Were Taken Out to Prevent FOREX Fraud Whistle-blowing!
They will make him the "fall guy" for some serious losses at JPM.
What we need is a "Jumper's Index" to describe just how large approaching financial disasters are likely to be based on the square of the number of bankers who off themselves on any given month.
will they be able to silence them all???? stay tuned
Anyone seen Bruno Icksel recently?
See Jamie jump. Jump Jamie, jump!
See Blythe jump. Jump Blythe, jump!
Orientals have a tradition of honor which is bound up with Hara-kiri, and Seppuku. He may not be Japanese but still, honor among these thieves may be endemic.
The only problem is these 'leeetle feeesh' are not the ones who need to render themselves extinct but the Whales that need to annihilate themselves, hopefully b 4 they reproduce.
wow - he got good push off there to wind up in the middle of the street............
I've often wondered why your clothes come off ... how embarassing ...
He seems to be holding his suit coat on the roof parapet. Maybe it's his brief case full of secret evidence. The plot thickens. His pants are torn off on the left side. I think he may have hit something on the way down. Maybe a tree or a flagpole sticking out of the building. Too bad these jerks can't set up a "to whom it may concern letter" somewhere before they off themselves. Anyway, I'm going to run out of fingers and toes if this continues and will have to resort to empty salutary shot glasses as a counting method.
Looks like another great day to stack....
I'll take another 100 of those America the Beautiful Diving Banker rounds please!!
BWAHAHAHAHA!
That would be excellent! I would buy those! JPM execs diving to their deaths!
Go ahead and jump!
https://www.youtube.com/watch?v=wlq0lYB3iSM
(I do feel sorry for the pavement though...)
Good riddance. Come one come all to the pavement-party.
Dirty fraud-money only buys death. Either the seller or the buyer (or their offspring) pay the ultimate price.
Hmmmmmmmmmm! I love the smell of fresh dead banker early in the morning!
You forgot about Richard Talley, the CEO of American Title who nail-gunned 'himself' on Feb. 4th. Seven times.
"Police around the world are looking into the fact that each of the deceased had repeatedly viewed the website Zerohedge, in the twenty four hour period leading up to their deaths." (Gangman Times).
I wish a few of his friends held hands and jumped together ...........
From his position in the street, looks like he may well have beat the world records for both the standing and running broad jump.
MIGHT AS WELL JUMP!
https://www.youtube.com/watch?v=wlq0lYB3iSM
DO IT!
PLEASE JUMP! ALL YOU FUCKERS!
https://www.youtube.com/watch?v=wlq0lYB3iSM
JUST JUMP!
GO AHEAD AND JUMP!
Q: What do you call 6 banker suicides within a one month period?
A: A good start
(Padump-ching)
Thank you! Thank You!... I'll be here all week..
where are the leaks!!! I want manifesto's, confessions, thumb drives, wikkithinggies, tears of regret!
Dimons face to looked spooked with his crooked mouth to go "Whuuuuuh?"
Should say Third Banker Jumps...
Why would the guy want to carry his bag with him?
Maybe 2014 really is going to be the year the big crash happens. God, I hope so, the suspense is killing me...
Biotech stocks are soaring today. Maybe it's time.....
Money Machine
I don't see any connections (between the suicides), and I can assure you, I know connections when I see them...
so go short on the dead banker bounce?
Sad. These guys are in the prime of their life and don't even know it. No job is worth killing yourself over. Neither is a lifestyle, or the opinions of others, or a house you might "lose", or a paycheck, or wife who may or may not love you when you are broke. None of that shit is worth your life. It is just as easy to walk the fuck out the front door and never go back, as it is to walk to the roof and jump off.
Once again the Chinese lead the way, Large nets hung around JP Morgan buildings for the safety of their employees will put an end to the problem.
According to to the local Hong Kong news he is the 3rd banker to die in Hong Kong over the last 3 weeks.
it amazing how accurate Jim Willie is from the Golden Jackass.
Guys not a FX trader. His name is Dennis Li. He's just a very junior billing guy for the investment banking unit. His linkedIn:
http://hk.linkedin.com/pub/dennis-li/27/61a/338
the article is a coverup, the photo at the top of the page is a horrible fake. it's happening right before our very eyes. Hit teams are taking out guys who can be or have been subpoenaed to testify. There's probably a major market catastrophe on the horizon coinciding with some future settlement date or audit deadline. When the shit hits the fan, the bad guys don't want any loose ends flying about. You can bet this shit is tied to a) the $240 Billion in stolen bonds that matured on 9/11, b) the Hundreds of Billions in narco cash being laundered through the TBTF banks, c) the hundreds of billions in illegal Gold Sale cash that is being siphoned out of the country, d) any other illegal fraudulent alphabet agency sponsored scheme that is underway and being vacuumed up. I have a buddy that works for DHS, we were best friends in highschool but drifted apart in college. Not the sharpest tool int he box, but a good guy. He has NO CLUE about any of this shit. The blinders are PERMANENT folks. THAT'S WHY THESE GUYS GET HIRED IN THE FIRST PLACE. who's to say they haven't been bombarding him with propaganda, ELF waves, medication and other methods of mind control. It's not science fiction.
The police state IS HERE. The lists are REAL. I MYSELF am on one of the lists. No, not a Hit List. But def some type of agitator list. I once made a really controversial post on my facebook status and I subsequently got a LinkedIN invitation from a nice lady named Ruth Wedgewood. http://en.wikipedia.org/wiki/Ruth_Wedgwood Look at that profile! I have never met this woman in my life. Whoever was managing her LinkedIN profile was instructed to send me the invite. WHY? Look at her background. I got the message LOUD and CLEAR. I didn't want to get arrested for child porn on my computer, or have my credit ruined, accounts cleaned out and locked out of all my email/social media accounts. I left the US about two and a half years ago. Very far away now. Much happier. When I visit I am always watching my back.
IT'S HERE. If you get too close or mixed up with these people and you are not initiated, you are TOTALLY EXPENDABLE. NO ONE CAN SAVE YOU. It's sad to say but all that is left to do is watch the parasite completely consume the host and then expose itself by exiting the carcass as it moves to it's next victim. That's when it is most vulnerable, like in the sci fi horror flicks.
http://wallstreetonparade.com/2014/02/jpmorgan-vice-president%E2%80%99s-...