Guest Post: Does The Trail Of Dead Bankers Lead Somewhere?

Tyler Durden's picture

Submitted by Michael Snyder of The Economic Collapse blog,

What are we to make of this sudden rash of banker suicides?  Does this trail of dead bankers lead somewhere?  Or could it be just a coincidence that so many bankers have died in such close proximity?  I will be perfectly honest and admit that I do not know what is going on.  But there are some common themes that seem to link at least some of these deaths together. 

First of all, most of these men were in good health and in their prime working years. 

Secondly, most of these "suicides" seem to have come out of nowhere and were a total surprise to their families. 

Thirdly, three of the dead bankers worked for JP Morgan. 

Fourthly, several of these individuals were either involved in foreign exchange trading or the trading of derivatives in some way.  So when "a foreign exchange trader" jumped to his death from the top of JP Morgan's Hong Kong headquarters this morning, that definitely raised my eyebrows. 

These dead bankers are starting to pile up, and something definitely stinks about this whole thing.

What would cause a young man that is making really good money to jump off of a 30 story building?  The following is how the South China Morning Post described the dramatic suicide of 33-year-old Li Jie...

An investment banker at JP Morgan jumped to his death from the roof of the bank's headquarters in Central yesterday.

 

Witnesses said the man went to the roof of the 30-storey Chater House in the heart of Hong Kong's central business district and, despite attempts to talk him down, jumped to his death.

If this was just an isolated incident, nobody would really take notice.

But this is now the 7th suspicious banker death that we have witnessed in just the past few weeks...

- On January 26, former Deutsche Bank executive Broeksmit was found dead at his South Kensington home after police responded to reports of a man found hanging at a house. According to reports, Broeksmit had “close ties to co-chief executive Anshu Jain.”

 

- Gabriel Magee, a 39-year-old senior manager at JP Morgan’s European headquarters, jumped 500ft from the top of the bank’s headquarters in central London on January 27, landing on an adjacent 9 story roof.

 

- Mike Dueker, the chief economist at Russell Investments, fell down a 50 foot embankment in what police are describing as a suicide. He was reported missing on January 29 by friends, who said he had been “having problems at work.”

 

- Richard Talley, 57, founder of American Title Services in Centennial, Colorado, was also found dead earlier this month after apparently shooting himself with a nail gun.

 

- 37-year-old JP Morgan executive director Ryan Henry Crane died last week.

 

- Tim Dickenson, a U.K.-based communications director at Swiss Re AG, also died last month, although the circumstances surrounding his death are still unknown.

So did all of those men actually kill themselves?

Well, there is reason to believe that at least some of those deaths may not have been suicides after all.

For example, before throwing himself off of JP Morgan's headquarters in London, Gabriel Magee had actually made plans for later that evening...

There was no indication Magee was going to kill himself at all. In fact, Magee’s girlfriend had received an email from him the night before saying he was finishing up work and would be home soon.

And 57-year-old Richard Talley was found "with eight nail gun wounds to his torso and head" in his own garage.

How in the world was he able to accomplish that?

Like I said, something really stinks about all of this.

Meanwhile, things continue to deteriorate financially around the globe.  Just consider some of the things that have happened in the last 48 hours...

-According to the Bangkok Post, people are "stampeding to yank their deposits out of banks" in Thailand right now.

-Venezuela is coming apart at the seams.  Just check out the photos in this article.

-The unemployment rate in South Africa is above 24 percent.

-Ukraine is on the verge of total collapse...

Three weeks of uneasy truce between the Ukrainian government and Western-oriented protesters ended Tuesday with an outburst of violence in which at least three people were killed, prompting a warning from authorities of a crackdown to restore order. Protesters outside the Ukrainian parliament hurled broken bricks and Molotov cocktails at police, who responded with stun grenades and rubber bullets.

-This week we learned that the level of bad loans in Spain has risen to a new all-time high of 13.6 percent.

-China is starting to quietly sell off U.S. debt.  Already, Chinese U.S. Treasury holdings are down to their lowest level in almost a year.

-During the 4th quarter of 2013, U.S. consumer debt rose at the fastest pace since 2007.

-U.S. homebuilder confidence just experienced the largest one month decline ever recorded.

-George Soros has doubled his bet that the S&P 500 is going to crash.  His total bet is now up to about $1,300,000,000.

For many more signs of financial trouble all over the planet, please see my previous article entitled "20 Signs That The Global Economic Crisis Is Starting To Catch Fire".

Could some of these deaths have something to do with this emerging financial crisis?

That is a very good question.

Once again, I will be the first one to admit that I simply do not know why so many bankers are dying.

But one thing is for certain - dead bankers don't talk.

Everyone knows that there is a massive amount of corruption in our banking system.  If the truth about all of this corruption was to ever actually come out and justice was actually served, we would see a huge wave of very important people go to prison.

In addition, it is an open secret that Wall Street has been transformed into the largest casino in the history of the world over the past several decades.  Our big banks have become more reckless than ever, and trillions of dollars are riding on the decisions that are being made every day.  In such an environment, it is expected that you will be loyal to the firm that you work for and that you will keep your mouth shut about the secrets that you know.

In the final analysis, there is really not that much difference between how mobsters operate and how Wall Street operates.

If you cross the line, you may end up paying a very great price.

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The Gooch's picture

All roads lead to Bazel. Er Babel.

Fuck You Yellen.

RaceToTheBottom's picture

When you are doing Gods work you begin to believe that you cannot die, so you decide to test it.

0b1knob's picture

And what about all the high ranking military officers being fired for petty reasons?

Something BIG and BAD is about to happen.

bania's picture

they're promised 72 virgin accounts

TeamDepends's picture

Perhaps Blythe will be the next to kiss the pavement. 

johnQpublic's picture

it leads to OZ

now look behind the curtain

mjcOH1's picture

"Well, there is reason to believe that at least some of those deaths may not have been suicides after all.

"For example, before throwing himself off of JP Morgan's headquarters in London, Gabriel Magee had actually made plans for later that evening...

There was no indication Magee was going to kill himself at all. In fact, Magee’s girlfriend had received an email from him the night before saying he was finishing up work and would be home soon.

And 57-year-old Richard Talley was found "with eight nail gun wounds to his torso and head" in his own garage.

How in the world was he able to accomplish that?""

 

Proving that finance and ADHD can mix.

The Gooch's picture

Proving that finance and SSRI's can mix.

Results may vary.

MonsterBox's picture

The banksters pissed off a "Jason Borne" team.  They're working their black art talents so as not to spook the criminal herd into hiding

Nobody For President's picture

Hey man, Talley was just really, really fast on the trigger. And if you press hard and hold, that sucker just keeps shooting.

(Nailed my hand to a 2x4 once...)

mickeyman's picture

I have to keep recycling this one.

http://worldcomplex.blogspot.ca/2012/09/japanese-financial-minister-foun...

Every time I post this, another banker dies. I feel just awful about it.

Caggge's picture

What do you call a series of 7 banker suicides?

 

 

A good start.

Seer's picture

Doing God's work?

I'd figure that if there were a god then surely evil bankers would experience some bad karma rather than all the poor defenseless children who get killed via dropped bombs in order to help pave the way for "democracy."

SavingsTherapist's picture

72 virgins? In Atari T-shirts and all?

Seer's picture

Now you're making ME want to off myself!

fleur de lis's picture

Also the two former SEALS who were found dead on a ship off the Seychelles. Two at the same time? Very bad.

Buck Johnson's picture

Something very big is about to come into being and it will be nasty.

kito's picture

I know!!! Michael Snyder says so, in 20 different ways on a daily basis!!!

Seer's picture

I'm not ready for no asteroid!  OR for Godzilla!

I'll be good, I promise!

666's picture

If I had a conscious and worked for Dimon, I'd probably commit suicide as well.

Chupacabra-322's picture

All roads lead to The Criminal Federal Reserve, JP Morgan Chase, HSBC, IMF etc... in Espionage with the NSA, CIA & The Global Criminal Oligarch Cabal Bankster Intelligence Crime Syndicate for a controlled, predictable Global Economy after the crash. Very Compartmentalized.

TeamDepends's picture

PM smackdown in progress!  Too bad it ain't gonna last.  Buy now if you haven't already.

HardlyZero's picture

But you are unconcious if you work for JPM Demon.   No exit.

mickeyman's picture

Every time you hear a "splat", another banker gets his wings.

The Gooch's picture

+ 100 Rebel Yellen

Shekels all around!

HardlyZero's picture

with a Rebel Yellen, Moar Moar Moar !!

dogbreath's picture

Thats a great comment.     WB could do somthing with that

chubbar's picture

If I had a concious and worked for Dimon, I'd shoot the fucker in the head, not kill myself fer chris sakes!

Seer's picture

If you'd really learned well from him you'd kill him.

Seer's picture

Oh... and eat him too.

Gief Gold Plox's picture

If you'd really learned well from him you'd kill him and eat him, but not before taking out a 100x levered insurance policy on his untimely death, with a 5x multiplier in case of canibalism.

Reference Variable's picture

That's the only way to take the position. It's in the board's bylaws.

sessinpo's picture

Tell that to Hank Paulson, Robert Rubin and Jon Corzine (Corzine is set to run MYRA for Obama).

Peter Pan's picture

We are all the victims of a great embazelment in virtually everything going on in life, whether it be the news, food, pharmaceuticals, politics, war, stock markets etc.

Bankers are dispensible and a few untimely deaths could be used to send a message to any banker thinking he can be the Edward Snowden of the banking world.

It's just a theory.

Pure Evil's picture

Or maybe its all part of the new Bread and Circuses campaign.

 

Behold fellow citizens the new Bread, Bankers and Circuses act.

 

Coming to a banker skyscraper in a town near you.

 

Don't be fooled, because when they give you what they think you want, then they have you right where they want you.

mickeyman's picture

Sadly, it's more likely to be that they give you what you thought you wanted. Then buyer's remorse sets in.

Pure Evil's picture

Or, they plant the seed years or decades in advance through the medium of hollywood, television, magazines, newspapers, and even internet surfing.

Its genuenly hard to determine if what you want is really what you thought you wanted if you spend a large amount of your time being immersed by the main stream media complex.

Everything is manipulated by the media to shape your view of the world whether you hang left or right or hang limp wristed somewhere in the middle.

The reason I think bankers jumping is part of the Matrix is because the one's that have jumped so far are so far down the scale as to be inconsequential.

We have yet to see any real big tycoons offer up their lives to Baphomet yet, even though this is still a real possibility. Maybe what we've seen so far is just the opening act. Something to distract the populace and whet our appetite for blood while they continue to implement their plans behind the curtain. What's a few low level bankers to them?

A few bankers jumping, even a few big fish giving all out of hundreds of thousands worldwide is a statistical error.

Seer's picture
Written by Dennis DeYoung
Lead Vocals by Dennis DeYoung

Welcome to the Grand illusion
Come on in and see what's happening
Pay the price, get your tickets for the show
The stage is set, the band starts playing
Suddenly your heart is pounding
Wishing secretly you were a star.

But don't be fooled by the radio
The TV or the magazines
They show you photographs of how your life should be
But they're just someone else's fantasy
So if you think your life is complete confusion
Because you never win the game
Just remember that it's a Grand illusion
And deep inside we're all the same.
We're all the same...

So if you think your life is complete confusion
Because your neighbors got it made
Just remember that it's a Grand illusion
And deep inside we're all the same.
We're all the same...

America spells competition, join us in our blind ambition
Get yourself a brand new motor car
Someday soon we'll stop to ponder what on Earth's this spell we're under
We made the grade and still we wonder who the hell we are

Crabshacker's picture

I stopped at the site of the "mbankment" spot by the tacoma narrows, found piece of police tape still stuck to fence. It was a 50 ft. drop, and homes within' 30 ft. at ground level. Also a traffic cam that has that whole walkway with in it's view.

 he either parked his car next to the spot where he jumped or parked at the only place available (where I did) 1/2 mile away. Strange finding by me at the site was a spread sheet buget for summerwinds 2014 condos that showed a $4000.00 loss a month. folded wet up against the jersey barrier on the walkway. the only other place to jump and die is off the bridge and you wont find a body that jumps from there. you can see the white wall he fell over here......http://www.wsdot.com/traffic/tacoma/default.aspx?cam=1158

Berspankme's picture

I like dead bankers, the only good ones

OldPhart's picture

I certainly don't know what's going on with this rash of dead bankers...but I like it.