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ABN Amro Ex-CEO Found Dead

Tyler Durden's picture




 

A mere two weeks since former JPMorgan banker, Kenneth Bellando jumped to his death, Bloomberg reports that the former CEO of Dutch Bank ABN Amro (and his wife and daughter) were found dead at their home after a possible "family tragedy." This expands the dismal list of senior financial services executive deaths to 12 in the last few months. The 57-year-old Jan Peter Schmittmann, was reportedly discovered by his other daughter when she arrived home that morning. Police declined to comment on the cirumstances of his (and his wife and daughter's) death. This is not the first C-level ABN Amro banker to be found dead. In 2009, former CFO Huibert Boumeester was discovered with (assumed self-inflicted) shotgun wounds.

 

As Bloomberg reports,

Former ABN Amro Group NV Netherlands Chief Executive Officer Jan Peter Schmittmann, his wife and a daughter were found dead at their home today after a possible “family tragedy,” Dutch police said.

 

The bodies of a father and mother and their daughter were found at the property” in the town of Laren, 32 kilometers (20 miles) southeast of Amsterdam, Dutch police said in a statement on their website today. Leonie Bosselaar, a police spokeswoman, said in a telephone call with Bloomberg News that the deceased were Schmittmann and two family members.

 

The police received a call around 10:30 a.m. local time from a family acquaintance who said something may be wrong at the property, according to the statement. Bosselaar declined to comment further on what may have happened.

 

The Dutch newspaper AD reported, without citing anyone, that the family was discovered by Schmittmann’s second daughter when she arrived home this morning. She was scheduled to travel to India with her parents, where she had an internship lined up, the newspaper said.

 

Schmittmann, 57, joined ABN Amro in 1983 as assistant relationship manager and was named head of the lender’s Dutch unit in 2003. He stepped down from the Amsterdam-based bank in December 2008, after the company was nationalized earlier that year.

Sadly, given recent trends, the default assumption is that it is suicide until proven otherwise which is just as disturbing from a sociological perspective. (on the bright side, at least as far as we know, we was not involved in HFT) but further to that, this is not the first ABN Amro seniot executve to be found dead. In 2009, Schmittmann's former CFO was found dead from shitgum wounds:

The former chief financial officer of Dutch bank ABN Amro has been found dead with shotgun wounds near his home in Surrey, the BBC has reported.

 

Huibert Gerard Boumeester was found dead yesterday, Sunday, with shotgun wounds, one week after being reported missing and “vulnerable”. Reports claim he was found with two shotguns which he had brought from his home, though Thames Valley Police say his death is currently being treated as "unexplained".

 

Boumeester, 49, left his role as CFO encompassing responsibility for group-wide finance, risk management, investor relations, communications and strategic decision support in March 2008 citing "personal reasons" six months after ABN Amro was bought by Fortis, Royal Bank of Scotland and Santander. The Dutch government now owns Fortis Bank and has taken direct ownership of its stake in ABN Amro. The British government owns most of RBS.

 

There are suggestions that Boumeester took his own life...

Schmittmann owned 2phase2 (apparently an asset management company) and was a co-founder of 5 Park Lane (what appears to be a private equity / management consultancy) according to his LinkedIn profile:

 

 

This brings the sad list of senior financial services exectives who have died in the last few months to 12:

1 - William Broeksmit, 58-year-old former senior executive at Deutsche Bank AG, was found dead in his home after an apparent suicide in South Kensington in central London, on January 26th.

2 - Karl Slym, 51 year old Tata Motors managing director Karl Slym, was found dead on the fourth floor of the Shangri-La hotel in Bangkok on January 27th.

3 - Gabriel Magee, a 39-year-old JP Morgan employee, died after falling from the roof of the JP Morgan European headquarters in London on January 27th.

4 - Mike Dueker, 50-year-old chief economist of a US investment bank was found dead close to the Tacoma Narrows Bridge in Washington State.

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

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

7 - Ryan Henry Crane, a 37 year old executive at JP Morgan died in an alleged suicide just a few weeks ago.  No details have been released about his death aside from this small obituary announcement at the Stamford Daily Voice.

8 - Li Junjie, 33-year-old banker in Hong Kong jumped from the JP Morgan HQ in Hong Kong this week.

9 - James Stuart Jr, Former National Bank of Commerce CEO, found dead in Scottsdale, Ariz., the morning of Feb. 19. A family spokesman did not say whatcaused the death

10 - Edmund (Eddie) Reilly, 47, a trader at Midtown’s Vertical Group, commited suicide by jumping in front of LIRR train

11 - Kenneth Bellando, 28, a trader at Levy Capital, formerly investment banking analyst at JPMorgan, jumped to his death from his 6th floor East Side apartment.

12 - Jan Peter Schmittmann, 57, the former CEO of Dutch bank ABN Amro found dead at home near Amsterdam with wife and daughter.

 

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Sat, 04/05/2014 - 18:19 | 4628709 Cattender
Cattender's picture

Another one bite the Dust.. and Another ones Down and Another ones Down and Another one bite the DUST!

Sat, 04/05/2014 - 18:24 | 4628720 rubiconsolutions
rubiconsolutions's picture

Peak Executives

Sat, 04/05/2014 - 18:44 | 4628778 0b1knob
0b1knob's picture

Some low level CIA guy jumped (was pushed?  thrown?) off a bridge recently too.

Along with all the high level military people being fired or forced out it looks like Obama's plan to proclaim himself President for life / emperor / living god is moving right along.

Sat, 04/05/2014 - 18:47 | 4628799 bania
bania's picture

If you think bankers salaries are high wait until they start demanding danger pay

Sat, 04/05/2014 - 18:54 | 4628819 0b1knob
0b1knob's picture

Killed by shotgun blasts?   See that's what happens in Euro coutries when they ban rifles and handguns.   Now people use messy and inhumane shotguns.

What next nail guns?  Oh wait.....

Sat, 04/05/2014 - 19:04 | 4628849 dryam
dryam's picture

Too many people know too much stuff about insider financial theft, market manipulation, and lies to the public.  Silencing a few will not prevent the entire scam from falling apart.

Sat, 04/05/2014 - 19:23 | 4628904 ParkAveFlasher
ParkAveFlasher's picture

Good point.  Wake me the IT guys start getting off'd.

Sat, 04/05/2014 - 19:36 | 4628933 negative rates
negative rates's picture

That son of a bitch took my advice.

Sat, 04/05/2014 - 20:34 | 4629034 zerozulu
zerozulu's picture

Interesting thing is that daughter came home before THE CLEANER.

Sat, 04/05/2014 - 20:42 | 4629047 Keyser
Keyser's picture

Sooner or later one of these banksters will wake up in fear of what he knows and may decide to report it to "someone". The only problem is that whistle blowers are villified worse than the criminals they report these days. The whole system is rigged from the inside out.  

Sat, 04/05/2014 - 20:51 | 4629067 666
666's picture

Wake me up when Dimon or Blankfein commit suicide. Then I'll know there's a real change coming...

Sat, 04/05/2014 - 20:57 | 4629078 cifo
cifo's picture

This proves it again that it's a high risk - high reward occupation.

Sat, 04/05/2014 - 22:10 | 4629190 TruthInSunshine
TruthInSunshine's picture

The more senior level bankers that are dead or dying, the better.

I am not trying to be indifferent to the feelings of their family members & those who love them, and realize that this sounds callous & mean-spirited, but from a factual standpoint, we must all acknowledge that banks and those who administer them, represent them, lobby on their behalf, and otherwise help a d contribute to ongoing fractional reserve banking practices are a major reason why so many economies are so sick, and perhaps the biggest contributing factor for the unprecedented widening and concentration of the wealth gap, which truly is on the cusp of wiping out the remainder of the middle class in developed economies,'while suppressing the growth of middle'classes in emerging ones.

Banking is not only NOT a noble vocation, occupation or industry, but it is part & parcel of the financialization of economies, which supplants real'economic growth with nominal growth, shifts, rather than creates, new real wealth, is real productivity net-negative, and is smothering true capitalism & free market economics, and is undermining the most core underpinnings of society and the social contract between the citizenry and the government that is supposed to ne empowered yet restrained by the citizenry.

Banking, bankers and financial actors are a modern day malignant cancer, socially & economically, and a potent threat to sovereign nations and citizens everywhere.

They are a major public enemy of free men and free markets.

Sat, 04/05/2014 - 23:12 | 4629261 Richard Chesler
Richard Chesler's picture

Fuck him and Obozo's masters. 

 

Sun, 04/06/2014 - 00:37 | 4629354 Pinto Currency
Pinto Currency's picture

 

Bank of England IT Manager Christopher Dymond was the first.

He committed suicide with multiple stabs to the chest and arms.

These articles don't say it but he was missing for several days before being fouind.

 

http://metro.co.uk/2012/07/05/bank-of-england-boss-christopher-dymonds-suicide-induced-by-cost-cutting-491724/

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9376436/Stressed-Bank-of-England-official-stabbed-self-to-death.html

 

I.T. at the Bank of England is stressful with all that rehypothecated and leased gold.

Sun, 04/06/2014 - 01:24 | 4629395 strannick
strannick's picture

From killing bankers to women and children. 

Sun, 04/06/2014 - 02:35 | 4629424 Wile-E-Coyote
Wile-E-Coyote's picture

I have seen this before, a businessman killed his wife and child (shotgun), then all the family pets including a horse, barricaded his drive and set fire to the house, then shot himself with a shotgun. It turned out his business was in ruins and he didn’t want his family to live in poverty. They were about to lose everything. http://news.bbc.co.uk/1/hi/england/shropshire/7981103.stm

Sun, 04/06/2014 - 06:44 | 4629530 GetZeeGold
GetZeeGold's picture

 

 

 

 

What do dead bankers and dead CIA operatives have in common?

 

Gold.

 

Keep your eyes open folks for stories about this glittery substance. Much going on that needs to surface. - Dr. Jim Garrow

https://www.facebook.com/jim.garrow.1/posts/10151972064692015?stream_ref=1

Mon, 04/07/2014 - 02:39 | 4631485 The Navigator
The Navigator's picture

Like the joke about 'what's 100 lawyers found dead at the bottom of a river"

A good start.

Sun, 04/06/2014 - 10:32 | 4629730 giggler321
giggler321's picture

If I remember rightly, there was email leaks from the BoE that involved LIBOR; a week or so later this guy who happened to be the I.T. manager was found dead in his car in some car park after having fallen on a knife like 7 times with the last one cutting his throat.  That's suicide right?

Just remember - the 5 or so media companys run everything, ignoring truth.

Sat, 04/05/2014 - 23:27 | 4629282 Lore
Lore's picture

The more senior level bankers that are dead or dying, the better.

These guys are still essentially monkeys, not organ grinders.  Monkeys are expendable.  Organizations that cross to the dark side accumulate dirt and eventually start burning monkeys with greater and greater frequency to delay consequences for the Top.  The pattern doesn't change until core dirt lies exposed. If you're a monkey in a corrupt environment and fear getting burned, keep a thorough paper trail and store portions in multiple locations, including one or more where only you can retrieve them.

How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]

If you have dirt and cause others to get hurt through your inaction, you share responsibility.

Sun, 04/06/2014 - 00:09 | 4629331 holdbuysell
holdbuysell's picture

Indeed, TS.

"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks."

Lord Acton

Sun, 04/06/2014 - 01:15 | 4629387 All Risk No Reward
All Risk No Reward's picture

Hey, don't forget the two FBI agents involved in the Boston Bombing Charade (BBC) "falling" out of a helicopter to their deaths weeks after the Big Chararde.

It is all random chance, people.

Breitbart was killed the same day he was going to release bad information on BankstObama...  that's no more unusual than Dr. Forster being shot in his bathroom soon after Hitler was elected dictator...  he was the doctor that treated Hitler during his blinded crazy time in WWI.  It's all random chance, people!**  Or Michael hastings...  his tranny blew 50 yards from his car wreck after the FBI opened an investigation on him just through happenstance.

You know that the NDAA requires the President to publicly tell us Americans whenever he issues as kill order of an American citizen on the American battlefield, right?

The.

NDAA.

Does,

Demand.

Disclosure.

Right?

Right?

 

**Funny, US intelligence thought Forster was a Nazi hit...

Sun, 04/06/2014 - 08:55 | 4629636 GetZeeGold
GetZeeGold's picture

 

 

Don't forget Tom Clancy.

Sun, 04/06/2014 - 09:06 | 4629650 Squid Viscous
Squid Viscous's picture

Wellstone, Ron Brown, Vince Foster...

Sun, 04/06/2014 - 09:18 | 4629668 Debt-Is-Not-Money
Debt-Is-Not-Money's picture

TIS

Does this remind you of a Mario Puzo novel playing out over time in real life?

Who is Michael Corleone today?

Sun, 04/13/2014 - 00:41 | 4653217 All Risk No Reward
All Risk No Reward's picture

No.  The good novels don't unveil the plot in such an obvious way.

Sun, 04/06/2014 - 10:03 | 4629707 Olephant
Olephant's picture

Just like the mafia.

Sat, 04/05/2014 - 21:10 | 4629105 DirkDiggler11
DirkDiggler11's picture

Yep, seems like "the Group" was sending the underlings as message when you can't "Corzine" enough of your clients phyz Gold to cover withdraws. Notice the sent the Wolf to not only take out the banker, but his family too, leaving just one it tell the tale perhaps .... So, the rest of you fuckers better do whatever it takes to keep the Gold Ponzi balls in the air... Whatever it takes, our your wife and kids get too ... Think that message is getting through ?

Sat, 04/05/2014 - 22:29 | 4629217 jeff montanye
jeff montanye's picture

it may be beyond the will of even the anglo american banking cartel.  the ukraine/crimea is beginning to look like the bridge too far.  check out http://www.24hgold.com/english/news-gold-silver-emerging-dynamics-of-pet... for cogent analysis, imo.  

and stay with it as it has a strong finish.

Sat, 04/05/2014 - 19:38 | 4628936 h0oS
h0oS's picture

That would be like killing useful idiots. As an "IT guy" I can tell you most are young, dum, and suffer from various forms of what in the "west" is described as mental illness.

Sat, 04/05/2014 - 20:52 | 4629069 zerozulu
zerozulu's picture

No witness protection for bankers, Ha ha hha

Sat, 04/05/2014 - 21:02 | 4629059 fockewulf190
fockewulf190's picture

"Silencing a few will not prevent the entire scam from falling apart."

Indeed, you may be correct.  As of yet though, there has been precious little information from authorities which could expose what specific type of "scam" has taken place other than to suggest by proxy it must be financial because of the job descriptions of the victims.  It looks like someone, or some organisation, has a Deadpool list...and no witnesses are allowed. Looks like there could be some very professional assassins at work.

There must be very powerful people and/or institutions of power under such severe threat, or who have been so seriously financially damaged  (revenge?), that these assassination measures are being taken. Some may have been eliminated outright while others may have been given the Rommel choice: either death by their own hand, or choose option B which may include family members.

Sat, 04/05/2014 - 21:10 | 4629104 Bangin7GramRocks
Bangin7GramRocks's picture

This is where the story falls apart. All of the crimes are already exposed! The government has admitted that these people are above the law. They have nothing to fear. Jamie Dimon's crew has been caught breaking every law a bank can break and they are still making money and he is safely in his mansion. 

Sun, 04/06/2014 - 10:56 | 4629749 waterwitch
waterwitch's picture

With Putin being former KGB, and JPMorgue putting the screws to Russia, seems to me that Jamie D would be a logical target.

Sun, 04/06/2014 - 17:48 | 4630545 layman_please
layman_please's picture

Exposed? By alternative media you mean? Well the problem is the alternative media is an alternative universe which has no connection to the reality where average Joe and decision-makers exist. There are plenty of news about the systemic crimes and corruption in the mainstream media but problem is they are separate events and Joe Sixpack can't put them together to see the big picture (rampant conspiracy) if somebody doesn't spell it out for him.

I'm more concerned about what else are we not aware of which is worth terminating lives. Probably we haven't seen nothing yet.

Sun, 04/06/2014 - 04:34 | 4629478 beaglebog
beaglebog's picture

If that is, indeed, what this is about ... then, each death will frighten those other knowledgeable people.

 

Some will be tempted to turn "Queen's evidence" in the hope of receiving protection.

Sat, 04/05/2014 - 19:04 | 4628850 BlindMonkey
BlindMonkey's picture

I think this was death by shitgum.   If that was indeed a typo, please don't fix it.  

Sat, 04/05/2014 - 19:23 | 4628901 CheapBastard
CheapBastard's picture

I thought shitgums were illegal in Holland?

Sat, 04/05/2014 - 20:00 | 4628980 Anusocracy
Anusocracy's picture

Moral of the story: mothers, teach your children to not swallow their gum.

Sat, 04/05/2014 - 20:32 | 4629030 knukles
knukles's picture

S'wat happens when you can't shit an chew gum at da same time

Sat, 04/05/2014 - 21:03 | 4629091 Whoa Dammit
Whoa Dammit's picture

Shitgumming = Being macerated to death by a horde of zombie pensioners.

Next up: Double banker suicide by hanging using an adult diaper as the noose.

Sat, 04/05/2014 - 22:38 | 4629233 williambanzai7
williambanzai7's picture

Shit gum is actually a Dutch beverage.

Sat, 04/05/2014 - 23:18 | 4629271 bonderøven-farm ass
bonderøven-farm ass's picture

Death by 'Shitgum'.  Evidence that periodontal disease can be fatal.

Sun, 04/06/2014 - 08:45 | 4629624 GetZeeGold
GetZeeGold's picture

 

 

Looks like the Lone Junkster finally woke up this morning.

 

Where ya been amigo?

Sun, 04/06/2014 - 10:01 | 4629692 25or6to4
25or6to4's picture

@gold
Junkster hasn't swallowed their shitgum yet. And he is shameless, even junked WB7's comment!

Sat, 04/05/2014 - 23:46 | 4629305 Hurricane Harry
Hurricane Harry's picture

I'm rooting for public self-immoliation.

 

That has style.

Sat, 04/05/2014 - 20:07 | 4628998 Ban KKiller
Ban KKiller's picture

"When you outlaw shitgum only shitgummers will have shitgum". Time magazine 1989 opinion page. 

Sun, 04/06/2014 - 01:35 | 4629401 monkeyboy
monkeyboy's picture

I went back to re-read the original typo and thought it was in relation to the recently deceased, former CEO of ABN named Shitmann.

 

Shitmann - Schmittmann

 

Tomato - tomato

Sat, 04/05/2014 - 20:37 | 4629037 Overfed
Overfed's picture

Can't believe the Tylers haven't picked up on this one.

http://freebeacon.com/national-security/cia-official-dies-in-apparent-su...

Sat, 04/05/2014 - 20:53 | 4629071 PT
PT's picture

Ban tall buildings!  Buildings should be no more than 6ft tall and with gently sloping 300 walls and airbags at the bottom.  Anything else is waaaaay tooo dangerous.  Tall buildings cause traffic problems as people queue up to enter and leave, and are only used to artificially jack up the price of the land underneath them.

You don't ... - nobody needs a 30 storey building.  Buy a log cabin!  Buy a log cabin!

Sun, 04/06/2014 - 09:42 | 4629689 25or6to4
25or6to4's picture

@ob1knob
Mine reads "shitgum wounds". Hell of a way to go.

Sat, 04/05/2014 - 18:51 | 4628807 lakecity55
lakecity55's picture

HGH Bath House I

I hope he wears one of those gaudy African potentate uniforms.

 

Sun, 04/06/2014 - 07:55 | 4629582 BandGap
BandGap's picture

Spreading like ebola......looks like it has crossed job function lines -

http://freebeacon.com/national-security/cia-official-dies-in-apparent-suicide/

Sat, 04/05/2014 - 18:54 | 4628823 Redstone
Redstone's picture

And Hillary lives on…
“The State Department misplaced and lost some $6 billion due to the improper filing of contracts during the past six years, mainly during the tenure of former Secretary of State Hillary Clinton, according to a newly released Inspector General report…

“Contracts related to the U.S. war in Iraq, for instance, could not be produced in 33 out of 115 instances, according to the report.”

http://freebeacon.com/issues/irs-wasted-11-6-million-of-computer-software/

Sat, 04/05/2014 - 19:05 | 4628859 One of We
One of We's picture

You might've nailed it.  Occam's razor would say to look no further than Arkancide if a Clinton is surrounded by scandal and and preparing for primary season.

Sat, 04/05/2014 - 20:00 | 4628981 knukles
knukles's picture

Ah yes, the misfiling of contracts lost $6 billion.

Forget the checks or wire transfers to figure the shit out.

FuckMePeopleJesusHChristGoddamnItAlready!

Sat, 04/05/2014 - 23:50 | 4629308 Hurricane Harry
Hurricane Harry's picture

Likely pallets of cash; like last time.

 

http://www.theguardian.com/world/2007/feb/08/usa.iraq1

Sun, 04/06/2014 - 08:14 | 4629597 GetZeeGold
GetZeeGold's picture

 

 

lost $6 billion

 

Funding for Hillary 2016 is off to a brisk start.

 

So we lost 6 billion, at this point....what difference does it make?

Sun, 04/06/2014 - 08:47 | 4629626 SoilMyselfRotten
SoilMyselfRotten's picture

Might make more sense to look for Rumsfeld and the missing Pentagons'$2 trillion first

Sun, 04/06/2014 - 03:37 | 4629450 piliage
piliage's picture

And have no fear Knuk, she will suffer no consequence of said action, nor will this show up anywhere in the media, news, or certainly not the Daily Show or Colbert [spit]...

The hypocrisy of the pols and the ignorant stupidity of the electorate is mind boggling. This fucking clown car administration and their cling-ons makes Nixon look like an amateur.

 

Sun, 04/06/2014 - 09:55 | 4629702 chubbar
chubbar's picture

The fucking IRS knows when you forgot to include $50 of 1099Int on your 1040 but no one can figure out where 6 Billion went? Yeah, that's credible.

Sat, 04/05/2014 - 19:01 | 4628843 logicalman
logicalman's picture

It wasn't the fall that killed him.

It may, or may not, have been the sudden stop.

Sat, 04/05/2014 - 19:58 | 4628974 indygo55
indygo55's picture

" Obama's plan to proclaim himself President for life "

Sorry but I just don't think Obama is the real guy running things. Not that he isnt the puppet that LOOKS like he is running things. There is someone else behind the scene my IMHO.

 



Sat, 04/05/2014 - 21:41 | 4629150 benb
benb's picture

100% correct... It's been genius Joe Biden running the show all along... forget the CFR, Bilderbergers, Club of Rome, Tri-lateral Commission, the Ford and Rockefeller Foundations, Committee of 300, Skull & Bones... forget them all. Didn't you read Isaac Asimov’s Foundation series? Joe Biden is Magnifico!

Sat, 04/05/2014 - 22:16 | 4629198 nmewn
nmewn's picture

Yeah, Bidens a fucking genius alright...lol.

Sat, 04/05/2014 - 21:15 | 4629118 kchrisc
kchrisc's picture

CIA guy supposedly jumped fro 5th. floor. NO ONE commits suicide from the fifth floor. Perceived to be too low. In most cases it s and you survive but are in bad shape or a veggie.

An intelligent and educated person would never jump from a fifth floor to kill themselves and is too dangerous for a "cry for help."

 

Regardless, my guillotine is sad and feels denied.

Sat, 04/05/2014 - 21:41 | 4629149 Bárðarbunga
Bárðarbunga's picture

nevermind

Sat, 04/05/2014 - 22:14 | 4629196 nmewn
nmewn's picture

lol...said while passing the third floor balcony?

See, if someone is really serious and goes head first (instead of just belly flopping) he's actually being very considerate to the janitor, who has to clean up all the mess, eventually. Its the last act of any social consideration from a banker we should be attuned to.

The shit squirts everywhere, if not done properly ;-)

Sun, 04/06/2014 - 07:15 | 4629545 samcontrol
samcontrol's picture

if he died , it wasn't really to low now was it?

if he jumped. it worked.
if they threw him. it worked.

5 floors is enough is my point.

Sun, 04/06/2014 - 08:18 | 4629599 Wahooo
Wahooo's picture

Somebody has a huge hard-on for banksters. There is no way this is just "happening."

Sat, 04/05/2014 - 18:43 | 4628782 Manthong
Manthong's picture

ABN AMRO was nationalized?

So it was the Dutch/Douche government that defaulted on their gold storage customers after the US defaulted on the German Gold and just prior to the Cartel’s most recent and continuing series of gold paper price smackdowns as well as the Dutch Rabobank gold default.

At least that helps to clear things up.

Sat, 04/05/2014 - 18:44 | 4628786 Stuck on Zero
Stuck on Zero's picture

President to financial industry: "If you like your executives, you can keep your executives."

 

Sat, 04/05/2014 - 19:26 | 4628908 caconhma
caconhma's picture

Quote: "Former ABN Amro Group NV Netherlands Chief Executive Officer Jan Peter Schmittmann, his wife and a daughter were found dead at their home today "

It is a good news. It is just a start.  After all, there is the Justice! 

Sat, 04/05/2014 - 19:39 | 4628935 Jumbotron
Jumbotron's picture

The Schofield Kid......"Yeah...well....I guess he had it comin'

William Munny....."We all got it comin', kid."

"Unforgiven"

Sat, 04/05/2014 - 19:47 | 4628957 Osmium
Osmium's picture

"I ain't like you Will"

Sat, 04/05/2014 - 20:53 | 4629072 Jumbotron
Jumbotron's picture

Nice one, Osmium   ;)

Little Bill...... "I don't deserve this ! "

William Munny..... "Deserve's got nothin' to do with it."

Sat, 04/05/2014 - 20:54 | 4629074 NoDebt
NoDebt's picture

"I don't deserve this."

"Deserve's got nothin' to do with it."

Sat, 04/05/2014 - 23:59 | 4629316 0b1knob
0b1knob's picture

"They claim their labors are to build a heaven, yet their heaven is populated by horrors. Perhaps the world is not made. Perhaps nothing is made. A clock without a craftsman. It's too late. Always has been, always will be. Too late."   Dr. Manhattan (Who watches the) Watchmen

Sat, 04/05/2014 - 21:18 | 4629124 kchrisc
kchrisc's picture

Question: Does a dead bankster make room for another on the guillotines, or is it justice denied? Discuss...

Sun, 04/06/2014 - 08:21 | 4629600 Wahooo
Wahooo's picture

Someone is guillotining them, but using modern methods.

Sun, 04/06/2014 - 05:42 | 4629498 Cadavre
Cadavre's picture

 

Peak Executives

Smells like GS had a nice juicy fat snog of a wad "key man" policy on the dead exec, and a pile wet paper on the dead guy's dead family members.

Howz cum?

Pending reserve or collateral calls that exceed the value of them beige yellow 100$ bills GS's office administrator, that pederasts (oh what is s her namer?) has stashed in the petty cash box? Sometimz ya juz gotta do what ya need to do!

Sun, 04/06/2014 - 06:10 | 4629507 Reptil
Reptil's picture

peak crooks?
the guy was as corrupt as they come.
headline here is "graaier" (grabber of money)
http://vorige.nrc.nl/achtergrond/article2107939.ece
some more info
http://daskapital.nl/2013/04/old_boys_exabn_amro_pluggen_mk.html (both in dutch language)
Netherlands is THE bankster/militiairy industry foothold on mainland europe. (Frankfurt's bigger of course)
highly unlikely he offed himself AND his wife and teenage kid, 5 years after the whole scam.
suicided

Sun, 04/06/2014 - 23:20 | 4631291 sgorem
sgorem's picture

looks to me like from the picture that Mr. Schmittmann was thinning in hair on the frontal cerebrum, which is in itself a good enough reason to shoot to death any and everyone in a fifty yard radius. including very loved family members. in my most humble opinion.sarcasm a.h's.

Sat, 04/05/2014 - 19:33 | 4628927 Jumbotron
Jumbotron's picture

I tell you....these cocksuckers know something big is about to happen.  And the stress of it all is driving them mad.

Or.....it simply is an indicator at how monstrous the system has become.....even for the high rollers.  Sort of a bankster version of PTSD.

Either way.....I think these events are foreshocks of a mega quake....financially speaking.....to come.

Remember.....markets are simply human emotions on display.  And market leaders offing themselves should tell you something about the mental health....or breakdown thereof.....of said markets.

Sun, 04/06/2014 - 01:15 | 4629389 kchrisc
kchrisc's picture

"I think these events are foreshocks of a mega quake....financially"

Like a Housequake...

http://www.jukebo.com/prince/music-clip,housequake,qu38rx.html

Sun, 04/06/2014 - 20:27 | 4630470 Jumbotron
Jumbotron's picture

Housequake was damn funky.  Just don't think most of us will be grooving that way when the moneyquake hits. 

But......if the only thing you have left to your name is your ass after the moneyquake.....you might as well shake it.

I feel like doing The Oak Tree now......Jerome !  Hit Me !!!   WAA-HAH !!!

https://www.youtube.com/watch?v=332SqqV-buk

 

 

Sun, 04/06/2014 - 09:43 | 4629616 inky
inky's picture

They are starting to panic & the killings & other stuff thats happening lately,which is picking up in pace is evidence that the BEAST is losing control.

Sun, 04/06/2014 - 14:46 | 4630178 nixy
nixy's picture

But a manipulated market is NOT a market. Probably explains deteriorating mental health.

Sat, 04/05/2014 - 19:49 | 4628960 Offthebeach
Offthebeach's picture

I can't remember the title ( Hitler's Willing Executioners? ), anyways there seems to be a moral/ethics core such that people, not all, seem to get depressed doing bad things, over time.

How can educated people derive satisfaction from being head c??ksucker at the "top" of the digital fiat dungheap?

Sun, 04/06/2014 - 05:34 | 4629495 August
August's picture

You have the book title right enough.

One of the reasons the Nazi high echelon set up industrial scale death camps was that very few men in the military or police could actually stomach a steady diet of killing unarmed civilians. 

You have to recruit a very special sort of person in order to staff a death camp.....

Sun, 04/06/2014 - 17:00 | 4630451 Jumbotron
Jumbotron's picture

Tell that to the Tutsi's in Rwanda.....where it was neighbor on neighbor.

Sat, 04/05/2014 - 21:29 | 4629139 post turtle saver
post turtle saver's picture

shitgum wounds

Sun, 04/06/2014 - 03:42 | 4629454 piliage
piliage's picture

I suggest we set up a fund and go into the Shitgum business. Anyone in?

Looks like we need a whole lot more of it out there to assist with this process...

Sun, 04/06/2014 - 08:25 | 4629605 Wahooo
Wahooo's picture

Moar fans!

Sun, 04/06/2014 - 11:58 | 4629835 Tom_333
Tom_333's picture

Shitgum wound...that´s a new one.....it does say so in the article,I am not making this up.

Sun, 04/06/2014 - 15:45 | 4630307 sgt_doom
sgt_doom's picture

Interesting to note that when Boumeester (in 2009) supposedly suicided, around that same time an Indian-Brit, who was a trader at Deutsche Bank's London office, also supposedly committed suicide by jumping off the building while at a nightclub.

This Deutsche trader had interned for Boumeester during his college years.

Curious and curiouser......

Sat, 04/05/2014 - 18:19 | 4628710 TeamDepends
TeamDepends's picture

Try as they might, they could not rehypothecate him.

Sat, 04/05/2014 - 18:39 | 4628762 El Oregonian
El Oregonian's picture

 

It only gets bitter from here.

Sat, 04/05/2014 - 19:19 | 4628896 Ignatius
Ignatius's picture

You sound dispirited.  We have evidence.

I gave it on good authority ("high placed government sources") that an Iranian-Syrian-Crimean was seen running from the scene.

Sat, 04/05/2014 - 19:37 | 4628938 negative rates
negative rates's picture

He knows, he was at the wedding.

Sat, 04/05/2014 - 19:21 | 4628898 Angus McHugepenis
Angus McHugepenis's picture

TeamDepends: His "keywords" are still adding value to the intertubes. BTFATH keywords on Google Adsense or FaceFuck click farms in India.

Sat, 04/05/2014 - 18:21 | 4628713 Aquarius
Aquarius's picture

wet-work

Ho hum

Sat, 04/05/2014 - 18:54 | 4628822 tony wilson
tony wilson's picture

dry work

wet work

work

work

work

http://www.youtube.com/watch?v=v1_yL9dZ8uk

Sat, 04/05/2014 - 18:22 | 4628715 Yen Cross
Sat, 04/05/2014 - 19:17 | 4628879 Angus McHugepenis
Angus McHugepenis's picture

Yen: You're never truly dead until LinkdIn cancels your account.

Sat, 04/05/2014 - 19:19 | 4628897 Yen Cross
Yen Cross's picture

 Angus you're fantastic!  I love your sarcasm and brilliant mind...

Sat, 04/05/2014 - 22:02 | 4629178 DirkDiggler11
DirkDiggler11's picture

With a Rebel Yell, We Cried Moar, Moar, Moar !!!!

Sat, 04/05/2014 - 18:24 | 4628717 SmilinJoeFizzion
SmilinJoeFizzion's picture

Paging Mr Kidd. Mr Wint

Sat, 04/05/2014 - 18:24 | 4628718 JimmyCDN
JimmyCDN's picture

You didnt kill yourself...

 

Sat, 04/05/2014 - 18:27 | 4628726 Yen Cross
Yen Cross's picture

  According to his insurance provider/ Payout on his 6% annuity will be liquidated in 60-90 days. </sarc>

Sat, 04/05/2014 - 18:24 | 4628721 buzzsaw99
buzzsaw99's picture

There are suggestions that Boumeester took his own life...

If all it takes is a suggestion I have a suggestion for a long list of high level bankers.

Sat, 04/05/2014 - 19:00 | 4628839 One of We
One of We's picture

Pretty sure there will be a worldwide shortage of popcorn by the time they get to Dimon and Blankfiend.....

Sat, 04/05/2014 - 18:29 | 4628722 PacOps
PacOps's picture

Really makes one wonder just what they knew, or thought they knew, that is so compelling.

Sat, 04/05/2014 - 18:26 | 4628723 NOZZLE
NOZZLE's picture

C (LEVEL)ULTR, 

 

So he offs his wife and kid,  whata master of the Univer$

Sat, 04/05/2014 - 19:23 | 4628900 August
August's picture

>>>So he offs his wife and kid,  whata master of the Univer$

Quoted for truth.  I can understand a person taking his own life in some circumstances, but killing his family members just revels this suicide's true nature: a self-centered sack of shit.

Rot in Hell, ABN Amro Boy. Long may you be remembered for exactly what you were.

Sat, 04/05/2014 - 19:41 | 4628945 Jumbotron
Jumbotron's picture

Maybe he felt it was better for him to do it than the people coming for him and his family.

Sat, 04/05/2014 - 20:04 | 4628992 knukles
knukles's picture

Sounds, with the kid and wife, more like a hit where they were just in the way, unfortunately ... sorta like the nail gun suicide... a hit...

Sat, 04/05/2014 - 18:26 | 4628725 holdbuysell
holdbuysell's picture

The Night of Long Knives redux?

Sat, 04/05/2014 - 18:48 | 4628802 lakecity55
lakecity55's picture

Bath House has alreeady done that with our military leaders.

Except it is being called "The night of the Strapons."

Sat, 04/05/2014 - 23:32 | 4629287 tenpanhandle
tenpanhandle's picture

pistolnacht

Sat, 04/05/2014 - 18:56 | 4628821 Al Huxley
Al Huxley's picture

I think this might be what eventually happens when you default on gold delivery obligations.  But maybe not, after reviewing his history, looks like he's been gone from ABN for some time.

Sat, 04/05/2014 - 19:05 | 4628860 Arius
Arius's picture

yeah about 6 or 7 years at least. 

these articles and "lists" have become a cheap way to cheer up the troops ... low level audience ... thats about it.

Sat, 04/05/2014 - 23:40 | 4629299 WTFUD
WTFUD's picture

Fuck You ' AriusHole ' You NEVER leave the FAMILY.

Sat, 04/05/2014 - 19:23 | 4628899 Eternal Complainer
Eternal Complainer's picture

Geez,
My suspicious nature has me feeling that this pattern of recent banker suicides has to in some way be connected to gold rigging and default.

Sat, 04/05/2014 - 18:31 | 4628734 Milton Waddams
Milton Waddams's picture

i believe these tragic deaths are weather related

Sat, 04/05/2014 - 18:34 | 4628747 SmilinJoeFizzion
SmilinJoeFizzion's picture

Ex-items

Sat, 04/05/2014 - 20:28 | 4628993 knukles
knukles's picture

Wait!
He, his wife and one daughter had been booked on Malay Airlines flight 370!

Let the conspiracy theories begin!

Sat, 04/05/2014 - 19:02 | 4628848 nmewn
nmewn's picture

Its like a Financier Vortex of Death or sumpin.

And he was involved in "restructuring" companies, a clever euphemism for layoffs of middle managers & workers instead of the executives who created the mess in the first place.

Sweet.

Sat, 04/05/2014 - 20:00 | 4628982 Fail2Deliver
Fail2Deliver's picture

Must be global warming...where was algore?

Sun, 04/06/2014 - 02:39 | 4629426 JuliaS
JuliaS's picture

Major shitstorm event.

Sun, 04/06/2014 - 03:49 | 4629460 piliage
piliage's picture

i believe these tragic deaths are weather related

And he'll be declared alive again in two months when they do the seasonal adjustment...

Sat, 04/05/2014 - 18:31 | 4628735 SunnyDD
SunnyDD's picture

 a possible "family tragedy."

Nop it's a possible "family big mac day."

Sat, 04/05/2014 - 18:32 | 4628737 holdbuysell
holdbuysell's picture

"In 2009, Schmittmann's former CFO was found dead from shitgum wounds:"

"shitgum"

That goes on the wall of fame for one of the best typos ever.

Sat, 04/05/2014 - 18:37 | 4628759 John Law Lives
John Law Lives's picture

I saw that.  Wall of Fame for sure.

Sat, 04/05/2014 - 18:43 | 4628780 TN Jed
TN Jed's picture

I saw that one of the four in that single paragraph. You can't expect to run that amount of techno-lazy through this gauntlet of curmudgeons and not expect to be called out.

"Sadly, given recent trends, the default assumption is that it is suicide until proven otherwise which is just as disturbing from a sociological perspective. (on the bright side, at least as far as we know, we was not involved in HFT) but further to that, this is not the first ABN Amro seniot executve to be found dead. In 2009, Schmittmann's former CFO was found dead from shitgum wounds:"

Sat, 04/05/2014 - 18:47 | 4628797 lakecity55
lakecity55's picture

Maybe the Tylers are not native american speakers.

Or maybe they have a liberal drinking policy.

Sat, 04/05/2014 - 18:56 | 4628827 TN Jed
TN Jed's picture

Funny you say that.  I was thinking of a consulting firm for suppliers who wish to communicate in native speaking English instead of the hilarity that usually accompanies product information.  Maybe journalism has a more pressing need.

Sat, 04/05/2014 - 20:36 | 4629036 knukles
knukles's picture

Funny... guess that proves you can chew gum and die at the same time.

Sat, 04/05/2014 - 23:19 | 4629265 bonderøven-farm ass
bonderøven-farm ass's picture

dup.

 

Sat, 04/05/2014 - 23:38 | 4629295 TheReplacement
TheReplacement's picture

You are on tonight.

Sat, 04/05/2014 - 21:06 | 4629094 DontGive
DontGive's picture

Everyone should have a liberal drinking policy!

Sat, 04/05/2014 - 21:54 | 4629166 post turtle saver
post turtle saver's picture

bulgarians can't type for shot

Sun, 04/06/2014 - 15:48 | 4630314 sgt_doom
sgt_doom's picture

You people think there's something funny abouit shitgum!!!!!!

You are all soo ficking doooomb......

Sat, 04/05/2014 - 18:40 | 4628765 fonzannoon
fonzannoon's picture

whatever dude i lost 2 cousins in a shitgum incident. one of the most graphic and confusing ways to go, and for people like you to make a joke of it just adds insult to what i believe was an injury but am still not certain.

Sat, 04/05/2014 - 18:44 | 4628791 LetThemEatRand
LetThemEatRand's picture

It's a sticky situation either way.

Sat, 04/05/2014 - 18:47 | 4628796 fonzannoon
fonzannoon's picture

I see 100 shitgum comments at least. Tyler hijacked his own thread.

Sat, 04/05/2014 - 19:36 | 4628932 Yen Cross
Yen Cross's picture

  This shit gum Fonz?   BlueQ Let's Pretend I Give A Shit Gum

Sat, 04/05/2014 - 19:59 | 4628978 Offthebeach
Offthebeach's picture

As a kid I worked at a blousey seasonal beach motel. Customer did himself shitgum in his car. In the summer.
No one noticed for a couple of days. You can imagine....

As for the car...it was probably wholesaled. Bidness is bidness..

Sat, 04/05/2014 - 20:05 | 4628990 Yen Cross
Yen Cross's picture

 @ Offthebeach Which decade? I like you're story.

  Be carefull, the downvote squad might hit you.

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