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Ex-ABN Amro CEO Killed Family Before Hanging Himself

Tyler Durden's picture


Sadly, as suspected - and in line with his CFO in 2009 - the reported death of Jan Peter Schmittmann was indeed suicide. The ex-CEO of ABN Amro hanged himself, but only after murdering his wife, Nally, and 22 year-ol daughter Babette. As Bloomberg reports, a farewell letter was found in the house, but authorities declined further comment on its contents. Schmittmann’s family was cited as saying in the statement that “we knew Jan Peter struggled with severe depression," and added that their "first concern now is supporting the remaining daughter in coping with this indescribable grief." Aweful...

As Bloomberg reports,

De Telegraaf reported today that Schmittmann hanged himself, citing two people it didn’t identify.

Bloomberg explains Schmittmann's history:

Schmittmann joined ABN Amro Holding NV, once among Europe’s biggest banks, in 1983 as an assistant relationship manager and was named head of the lender’s Dutch unit in 2003. As a member of the bank’s executive board, he was responsible for restructuring it along the lines agreed by Royal Bank of Scotland Group Plc, Fortis and Banco Santander SA in their three-way takeover of the lender in 2007.


A year after the biggest financial-services takeover in history, the credit crunch drove Fortis to the verge of collapse, forcing the Netherlands to take over its Dutch banking and insurance units, including assets of the former ABN Amro in 2008. The Dutch asked Gerrit Zalm to lead the company now called ABN Amro Group NV.


On the eve of the nationalization, Schmittmann was dismissed by the Dutch Finance Ministry, he told lawmakers in a 2011 hearing. He received an 8 million-euro ($11 million) severance payment, less than what he was entitled to under his contract and more than the Dutch government sought to pay.

Dutch Police Statement (via Google Translate):

On Saturday April 5 officers found three lifeless bodies in the house. It turned out to be the father, mother and the youngest daughter of family Schmittmann. The entire Saturday performed the Forensic Investigation research in and around the home. The first indications of the police pointed to a possible family drama. The eldest daughter of the family was not at home and is caught by her family.


Further investigation


To exclude other possible scenarios were, in addition to the search for clues in the home, research bodies carried out to establish the cause of death. Information was also gathered from family and friends of the family to get what had happened as possible a clear picture. Dutch Forensic Institute confirmed the suspicions that the police had. The mother and daughter are killed by the father, the father then committed suicide. The house is a suicide note found.


Are related to privacy and respect for the family, no further statements made about the time of death, the manner of death and the contents of the suicide note.


Explanation family Schmittmann


The family has stated: "We are deeply shocked and beaten by this unimaginable news. We knew that Jan Peter struggled with severe depression that would eventually lead to these events is still incomprehensible to us, our first concern... now supporting the other daughter of the family in the processing of this indescribable grief. We hope to be able to do. "in peace and seclusion"



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Mon, 04/07/2014 - 17:41 | 4633638 DaddyO
DaddyO's picture

Dirt Bag!


Mon, 04/07/2014 - 17:53 | 4633672 TheLooza
TheLooza's picture

Headline should read: Father commits atrocious act: Names child "Babette"; also kills her 22 years later

Mon, 04/07/2014 - 17:58 | 4633693 McMolotov
McMolotov's picture

Completely offensive. And funny.

Mon, 04/07/2014 - 18:03 | 4633709 Stackers
Stackers's picture

I wonder what Babette's middle name was ?

Mon, 04/07/2014 - 18:29 | 4633820 0b1knob
0b1knob's picture

< A Tragedy.

< A good start.

What do you call 13 dead bankers?

Mon, 04/07/2014 - 18:42 | 4633860 knukles
knukles's picture

...found on an obscure Dutch Mystery Science Theater 2000 website...

Herr Dr Shitgum was found hanging by a thread, upside down in a dark closet locked from the outside with his hands tied behind his back in a black cloak, mask and matching thong trimmed in florescent red velvet.  The accompanying typed note stapled to his forehead with a 3" nail signed "Robin" said he was "tired of being Bat-ted about."  That he was unavailable for comment was found to be somewhat suspicious by police, but was ruled a suicide due to the lack of interest being it occurred on a Saturday a mere 17 weeks before August holidays. 

Mon, 04/07/2014 - 19:33 | 4634005 dryam
dryam's picture

Sure, makes total sense.....someone who is very depressed has the energy to kill not just is wife, but also his daughter.  On top of that, he left a farewell notice because people who kill their wife & daughter give a shit about what other people may or may not be thinking.  Then, after writing that all important farewell notice he hangs himself.

No, people that are that despondent tend to not have energy to kill their offspring, and if they do, they typically aren't thinking about a farewell notice because they are more than ready to leave this world.

I hate to be so conspiratorial, but more times than not when something in the world doesn't sound quite right it usually isn't.


A wild alternative idea.....the guy was getting ready to be whacked by those bank-whackers and the wife & daughter happened to see what was going on.  The bank-whackers knew they needed to silence the wife & daughter also.  So, they try to turn it into some bullshit story of the guy killing his family and then hanging himself......just a wild idea.

Mon, 04/07/2014 - 19:35 | 4634032 knukles
knukles's picture

That's why he was getting ready for a long holiday in the slums of Bangladesh, to cheer himself up.

Mon, 04/07/2014 - 19:45 | 4634071 old naughty
old naughty's picture

people believe what they want to believe...

depressed (eh, i mean dead) people too.

Tue, 04/08/2014 - 00:42 | 4634755 CH1
CH1's picture

Jokes aside, you have to feel very bad for the second daughter. Can you imagine living with that?

Tue, 04/08/2014 - 06:54 | 4635002 MagicHandPuppet
MagicHandPuppet's picture

Step 1. Capture the subject's wife and daughter.
Step 2. Hold gun to subject's wife's head and coerce subject into writing and signing suicide letter ( or they both die)
Step 3. Optional. If subject refuses to cooperate, terminate wife. Then hold gun to daughter's head.
Step 4. Once note is written. Terminate daughter and hang subject.
Step 5. Hold gun in subject's (correct) hand and pull trigger, sending rounds in general direction of wife children.

Tue, 04/08/2014 - 09:00 | 4635168 TwoShortPlanks
TwoShortPlanks's picture

Check the can't make it exactly a year...nobody's perfect!

"struggled with severe depression"....SO. FUCKING. WHAT! Does that stop the love of your own child?! NOPE!

How many very wealthy people did ABN rip-off in the great Gold reneg?

This was a telegraphed message.

Tue, 04/08/2014 - 09:07 | 4635237 espirit
espirit's picture

+1 TSP.  Nice catch.

Seems he couldn't come up with ALL the Vatican Gold!

Mon, 04/07/2014 - 22:07 | 4634458 Aussie V
Aussie V's picture

Yea your conspiracy thinking makes much more logical sense. Why would he kill his wife and child?? How were they murdered?? Surely not hanged?? So, you'd assume that he shot them and then, decided to kill himself but, then got a thought...."Hey, why shoot yourself (which is quick and painless) when you can hang yourself (which is slow, painful and needs logic and rope)"

But, before you hang yourself, write a note to the world and to that other daughter who, you wish was here so you could also kill. Then, look for a rope and hang yourself.

Totally understandable! (sarcasm intended)

Tue, 04/08/2014 - 01:25 | 4634812 natty light
natty light's picture

Yeah this stinks like limburger cheese.

Tue, 04/08/2014 - 07:03 | 4635013 samcontrol
samcontrol's picture

@ Aussie V.

come on don't be unfair, he was depressed because he " only " got 8 million when he was fired...

Mon, 04/07/2014 - 18:42 | 4633863 UnpatrioticHoarder
UnpatrioticHoarder's picture

"aweful", as in "awesome" or "awful"?

Mon, 04/07/2014 - 19:06 | 4633935 negative rates
negative rates's picture

Three can keep a secret, but only if two are dead.

Tue, 04/08/2014 - 04:27 | 4634920 CHX
CHX's picture

Lowflation of the dirty dozen.

Mon, 04/07/2014 - 17:59 | 4633696 Keyser
Keyser's picture

I find it surprising that you believe anything that they say. 


Mon, 04/07/2014 - 18:10 | 4633741 Buckaroo Banzai
Buckaroo Banzai's picture

Agreed. This story is complete bullshit, a total whitewash.

Mon, 04/07/2014 - 18:16 | 4633766 fonzannoon
fonzannoon's picture

This is seriously fked up. Someone knows something. Several someone's. This is going to get bad. I'd say we are about 3 mins in at this point.


Mon, 04/07/2014 - 18:42 | 4633859 LetThemEatRand
LetThemEatRand's picture

Nothing an 8 ball and some scotch can't cure, says every banker (while they hide their nail guns, rope and guns, and stay away from tall bridges).  Time to invert the charts.

Mon, 04/07/2014 - 18:43 | 4633864 fonzannoon
fonzannoon's picture

I wish I understood this better. what do these guys know that is 1) so damn important and 2) not already admitted in public?

Mon, 04/07/2014 - 18:49 | 4633871 LetThemEatRand
LetThemEatRand's picture

My guess is that it is derivative-related.   But purely a guess.  

The public doesn't understand derivatives and for the most part has no idea how massive is the liability to big banks if things go South.  This would assume that these guys know it's about to go South and that the overlords have been divesting themselves of the exposure, and that these lower level guys planned not to take the fall when the public gets the unpayable bill.

Mon, 04/07/2014 - 18:51 | 4633885 fonzannoon
fonzannoon's picture

makes sense. The DB guy that whacked himself was the head of risk. But would we not see that type of stress showing up somwehere? Even if just through cds spreads?

Mon, 04/07/2014 - 18:53 | 4633891 LetThemEatRand
LetThemEatRand's picture

It's all manipulated so we would not necessarily see it coming.  If you're head of risk and you see a disaster unfolding that was not of your making and you knew you were going to take the fall, you may think about pulling back the curtain before it happens and say "I wasn't pulling the levers on this shit."   That may cause you to take a fall.

Mon, 04/07/2014 - 19:00 | 4633912 fonzannoon
fonzannoon's picture

makes sense for the risk guy, but the ex ceo from 4 years ago? 

Mon, 04/07/2014 - 19:14 | 4633951 LetThemEatRand
LetThemEatRand's picture

No apparent connection, I agree.  Your guess is as good as mine on whether they will kill off the witnesses in sufficient time to prevent us knowing the root of all of this and/or convince the remaining living ones to keep their mouths shut.  

Tue, 04/08/2014 - 09:10 | 4635247 espirit
espirit's picture

Follow the "Blood or Gold" conspiracy theory.

Tue, 04/08/2014 - 09:55 | 4635323 medium giraffe
medium giraffe's picture

Oh, they know it's gonna happen, otherwise you wouldn't have outfits like this appearing:

Read somewhere that total deriv. exposure was around $600T and was held in the larger part by the main banks.  That's a lot of shit, we're gonna need a bigger fan.

If these deaths are linked then someone is getting desperate enough to risk it looking obvious.  That can only mean we're close.  Damned close.

Mon, 04/07/2014 - 19:21 | 4633978 logicalman
logicalman's picture

The public doesn't have a bill to pay.

See 'odious debt'


Mon, 04/07/2014 - 19:24 | 4633992 LetThemEatRand
LetThemEatRand's picture

They will hand us the bill.  It's up to us what to do with it.

Mon, 04/07/2014 - 19:56 | 4634102 DaddyO
Mon, 04/07/2014 - 20:57 | 4634267 LetThemEatRand
LetThemEatRand's picture

The Fed has been loading up on the underlying assets of derivative risk, foisting the non-performing assets on you and me.  The problem the Fed has is that it only has so many Trillions to play with.

Tue, 04/08/2014 - 09:39 | 4635332 espirit
espirit's picture

The Race is on!

"THE BANK" wants to end re-hypothecation and is making Central Bank Branches accountable for misplaced Gold.  Markers are being called in because China and Russia are in competition and accumulating both gold and energy assets.

In the End, there can only be one.

Conspiracy fact or conspiracy theory?

Mon, 04/07/2014 - 20:58 | 4634270 xcehn
xcehn's picture

Just over a year later, still nothing about David Rossi. Monte Dei Paschi Bank had been under derivatives investigation. Complete media blackout. Gabriel blackout. Two "apparent" suicides that are patently suspicious. Whitewashed lies all around.

Tue, 04/08/2014 - 04:34 | 4634924 StychoKiller
StychoKiller's picture

What about that Italian Vatican banker found hanging under a bridge in London?

Mon, 04/07/2014 - 19:48 | 4634079 Pumpkin
Pumpkin's picture

I can't figure out why the people who 'know things' don't spill their guts on video and make it viral.  Hell, take em out with you, at least.

Mon, 04/07/2014 - 23:55 | 4634686 goBackToSleep
goBackToSleep's picture

natural to the line of work.

Mon, 04/07/2014 - 19:00 | 4633918 Antifaschistische
Antifaschistische's picture

Bruce Jenner should be taking notes...


Mon, 04/07/2014 - 18:47 | 4633846 JuliaS
JuliaS's picture

I'd be depressed too, if I lost my nailgun.

Mon, 04/07/2014 - 18:46 | 4633873 drendebe10
drendebe10's picture

Tragic, tragic... but too bad it wasn't the disrespectfu, arrogant, narcissistic, pathological lying, illegal alien kenyan muslim sociopathic ignoramus fudge packer in chief....  pity..

Mon, 04/07/2014 - 19:09 | 4633945 AGuy
AGuy's picture

"Dirt Bag!"

Or cover-up with staged Murder-Suicide. Seems rather strange that he didn't kill his other daughter that lived only a short distance away, but left a detailed farewell letter.  Also note the same Bank's CFO off'd himself back in 2009, also blamed on "depression"



Mon, 04/07/2014 - 19:22 | 4633984 logicalman
logicalman's picture

Maybe the decor was drab.

Mon, 04/07/2014 - 17:41 | 4633639 Stoploss
Stoploss's picture

2007 just called and wants it's crash back..

Mon, 04/07/2014 - 18:17 | 4633773 Nikki Alexis
Nikki Alexis's picture

The depression and murder weapon:  His conscience

Mon, 04/07/2014 - 17:47 | 4633650 trader1
trader1's picture

the human mind is a powerful force, even when lacking reason, taking things too seriously, and unloving.

Mon, 04/07/2014 - 17:55 | 4633681 Robot Traders Mom
Robot Traders Mom's picture

Call me old fashioned, but there is probably more to the story...The PTB are plenty capable of framing stories to suit their agenda. It may have been suicide, it may not have been...

Mon, 04/07/2014 - 18:05 | 4633717 LetThemEatRand
LetThemEatRand's picture

If he intended to kill his family and then kill himself, why not wait for the other daughter to come home?   

Mon, 04/07/2014 - 18:06 | 4633726 logicalman
logicalman's picture

Beat me to it.

Mon, 04/07/2014 - 18:54 | 4633896 General Decline
General Decline's picture


Mon, 04/07/2014 - 18:13 | 4633749 McMolotov
McMolotov's picture

Obviously he loved her so much that he wanted her to live so she could come home to discover the dead bodies of her entire family. Makes perfect sense...

Mon, 04/07/2014 - 19:21 | 4633938 MsCreant
MsCreant's picture

They had grown apart as a family. They never could get everyone together for anything anymore. Thanksgiving, Christmas, New Years, Mom's birthday, Dad's murder suicide... nothing.

Mon, 04/07/2014 - 19:31 | 4634013 SilverIsKing
SilverIsKing's picture

He was so determined to kill himself, when his wife and daughter found him trying to hang himself and they tried to stop him, he had to kill them so he could continue killing himself. The other daughter didn't enter into the equation. That's what depression will do. Fucks you up.

The hit man who came Into the house to murder him because he knew too much had nothing to do with this. He just stood by and let nature take it's course.

Probably made a Nutella sandwich before he left.

Tue, 04/08/2014 - 08:13 | 4635089 Sauk Leader
Sauk Leader's picture

Spit out my coffee reading that last line.

Tue, 04/08/2014 - 10:04 | 4635410 Perfecthedge
Perfecthedge's picture

Laughed good and hard sir.  When is your book coming out? Will buy immediately!

Mon, 04/07/2014 - 20:27 | 4634191 Hulk
Hulk's picture

That is just SO wrong MsC... Well played, carry on soldier !!!

Mon, 04/07/2014 - 22:15 | 4634489 walküre
walküre's picture

LTER, I thought about this very thing. The man was depressed, maybe the wife too. The daughter was handicapped and they might have felt she was a burden. Would be interesting to know how wife and daughter died.

When SHTF due to GFC in 2008, his bank went bust. He got a package worth 8 million Euros. Alot of money to most people but not in these high banking circles. The money eventually ran out, no chance of getting more pieces of the action. Their lifestyle probably suffered. Again, most people can deal with this but when you're very rich and you have to downsize considerably, all cards are on the table including an early termination to one's life. Nevermind the stress of having to live with the guilt and the notion that people were hurting while he got paid off.

Tue, 04/08/2014 - 02:24 | 4634859 GooseShtepping Moron
GooseShtepping Moron's picture

Suicide and "assisted suicide" (i.e. wilful murder under a medical fig leaf) are becoming quite culturally acceptable in the Netherlands. Positive law has a tutelary value. When you make it legal to do something, people think its okay to do it. That might be enough to push an unstable man over the edge, and it's one reason why such things should never be made legal.

Mon, 04/07/2014 - 18:06 | 4633725 ThirdWorldDude
ThirdWorldDude's picture

Absolutely! Problem #1 with this story is that depressed people are NOT homicidal in 99% of all clinical cases. The remaining 1% has deep personality disorders that would render them unfit to raise a family, or become a CEO. 

Mon, 04/07/2014 - 18:56 | 4633899 General Decline
General Decline's picture

I assumed a personality disorder was a prerequisite for becoming a CEO. 1 in 25 people are likely sociopaths.

Mon, 04/07/2014 - 19:32 | 4634024 Snoopy the Economist
Snoopy the Economist's picture

I bet you'd be depressed if you thought the hit squad might be stopping by soon too...

Wed, 04/09/2014 - 19:01 | 4641183 noguess
noguess's picture

AND depressed people do not tend to take others with them.

Mon, 04/07/2014 - 17:56 | 4633684 Panafrican Funk...
Panafrican Funktron Robot's picture

The idea that this is a murder-suicide just does not appear to be the most plausible explanation.  Dude was either a pedophile that had just been discovered, or, foul play was at hand here.  

Mon, 04/07/2014 - 18:00 | 4633698 Keyser
Keyser's picture

About as plausible as someone committing suicide with a nail gun. 


Mon, 04/07/2014 - 18:28 | 4633817 Handful of Dust
Handful of Dust's picture

<< About as plausible as someone committing suicide with a shitgum. >>


Smells fishy.

Mon, 04/07/2014 - 18:33 | 4633831 fonzannoon
fonzannoon's picture

This thread is seriously missing the humor of Akak and FS

Mon, 04/07/2014 - 17:45 | 4633652 reTARD
reTARD's picture

This came from the police like most "news" nowadays. Where's the real story?

Mon, 04/07/2014 - 18:00 | 4633690 NoDebt
NoDebt's picture

How he rose to head one of the largest banks in Europe while everyone knew he suffered from severe depression.  I'd start there.  Maybe it only set in AFTER the wheels came off, but generally these Type-A personalities who run big banks don't curl up in a ball on the floor when they get smacked down.  Did he/they know, even if only intuitively, the last shoe has yet to drop in the now 5-year-old "financial crisis", is the question I can't let go of.  

A feeling of futility is the hallmark of depression.  And if you knew the storm wasn't anywhere near over yet, that would seem to qualify.

Mon, 04/07/2014 - 17:48 | 4633657 Portuguese Revo...
Portuguese Revolutionary's picture

What the Hell did he know that drove him to do this? That is THE question...

Mon, 04/07/2014 - 17:48 | 4633659 franciscopendergrass
franciscopendergrass's picture

I forget that Rob Halford of Judas Priest fame had a band called Fight and their most famous song was "Nailed to the Gun."

Mon, 04/07/2014 - 17:50 | 4633664 booboo
booboo's picture

How much you want to wager he was taking Dr. Prescribed crazy pills. God forbid is we ever get a depressed president on Paxil fingering the nuke codes and playing on the red phone at night. "FUCK YOU VLAD YOU GOD DAMN BULLY, TAKE THIS"

Mon, 04/07/2014 - 17:53 | 4633667 db51
db51's picture

A Big W T F?  Jan Peter, God Rest His Soul.....depression after an 11 Million Dollar Parachute.   Poor Little Jan Peter.  Fucking Asshole.  I'm still not buying the murder suicide.   I'd be checking out the surviving daughter....probbly be watching it in 20 years on an episode of Cold Case.  And BooBoo, you're probably right about the meds...probably Ambien...however, there is one other possibility here besides banking.   If I had a hairdo like his, I'd either get to the Hairclub for Men or kill myself.

Mon, 04/07/2014 - 17:54 | 4633676 lemonobrien
lemonobrien's picture

you must be gay, cause I have a family, and, i'd never kill them then commit suicide; especially if i have millions of dollars.


gotta understand; killing you childern takes EXTREME mental illness... like whacko-bat-shit-kind.

Mon, 04/07/2014 - 18:21 | 4633786 Oldwood
Oldwood's picture

As I have been married three times and exposed to numerous children of the nature that murder might seem compassionate, you may be suffering from a personal bias. A crazy fucking wife and like minded 20 year old could push many a mortal to heinous acts.

Mon, 04/07/2014 - 19:18 | 4633965 lemonobrien
lemonobrien's picture

my bitch threw me in jail; she can go, but the kid stays.

Mon, 04/07/2014 - 20:30 | 4634197 Hulk
Hulk's picture

My bitch handcuffed me AND threw me in jail  with no clothes on,but I think the situation may have been a little different...

Tue, 04/08/2014 - 04:39 | 4634928 StychoKiller
StychoKiller's picture

So, did that make you feel..."angry?" :>D

Wed, 04/09/2014 - 18:59 | 4641174 noguess
noguess's picture

Sorry to hear Oldwood.
But he was happily married, first wife, two lovely daughters, not numerous. Decent social life too.

Mon, 04/07/2014 - 17:53 | 4633673 css1971
css1971's picture

These people just can't understand how the world could possibly go on without them. So they kill their nearest & "dearest".

Mon, 04/07/2014 - 17:54 | 4633675 Frank N. Beans
Frank N. Beans's picture

how does a "severely depressed" person get to be the CEO of a bank?  Seems his mental state would have put obstacles in his way.

Mon, 04/07/2014 - 18:03 | 4633712 TahoeBilly2012
TahoeBilly2012's picture

Seems like a logical fit, unstable person meet unstable monetary system.

Mon, 04/07/2014 - 17:54 | 4633677 Payne
Payne's picture

Law enforcement isn't really looking for another explanation. 1. He was ordered to jump off a building  2.  When he didn't they came killed his family in front of him  3.  Hung him.  The guy was due to leave on a vacation with his Family to india, his daughter discovered the bodies when she came by the house to travel with them.  Really how many people with a $11 Million departure package kill themselves from depression prior to a vacation with family ?  0

Mon, 04/07/2014 - 18:17 | 4633770 disabledvet
disabledvet's picture

if this is true then "who is the message for"?

You'd have to know his current business (he was on many boards and still active...quite odd for someone capable of such an act) to understand that...and I imagine the particular nature of that is a State Secret as well.

Outside of Russia the Netherlands has Europe's largest and most proximate gas field. How that asset is "levered" (Phillips NV? Royal Dutch billions disappeared?) can make every corner in the stream "the place where the car is parked."

No witnesses to these things ever. No motive. And...of course..."case closed" within a day.

Could involve "people of Title." They don't call that thing "the RiksBank" for nothin'. Of course you'd need an expert on European "relationship and association provisions." I know I'm not one...probably shouldn't even be commenting.

Just don't like "too tidy" as all these things are these days.

Mon, 04/07/2014 - 19:37 | 4634043 Withdrawn Sanction
Withdrawn Sanction's picture

Could involve "people of Title."

Or color, as in Orange.  Wasn't Prince Bernhard (grandfather to the current King of the Netherlands) the founder of Bilderberg?

How ironic things are unspooling near the top of the pyramid.  Who knew the life expectancies of banksters could be so "below average" these days...even for so-called "retired" banksters?

Mon, 04/07/2014 - 18:43 | 4633865 Kaiser Sousa
Kaiser Sousa's picture


Mon, 04/07/2014 - 19:02 | 4633921 pipes
pipes's picture

I think 2 and 3 are reversed.


Someone else pointed out...why shoot two, then switch from a gun to a rope?


A hitman (team) wouldn't, and neither would the suicidee.


I suggest the 'suicide' was already in some stage of completion, when wife and daughter stumble into it. They must now be dealt with, and you surely can't hang them too, and keep the 'suicide/murder' narrative, and you can't even grab them and restrain them, cuz forensics will tell on you, so 'pop-pop', down they go.

Mon, 04/07/2014 - 19:26 | 4634000 logicalman
logicalman's picture

Definitely more plausible than the official narrative.

Wed, 04/09/2014 - 18:53 | 4641156 noguess
noguess's picture

He was not only bound for a vacation with his family to India, he also had just returned from a skiing holiday!

If you have no personal financial worries, have a proper social life in your community, a lovely wife and two lovely daughters, why take your spouse and one daughter with you?

A friend of mine, more or less the same setting: lovely wife, beautiful children, MD, no financial difficulties, respected in local community, same age group, university. He recently hang himself. Very traumatic. At least he didn't took his wife and child(ren) with him. Main difference: he was a docter, not a bankster. Banksters are made to do such a thing.

Mon, 04/07/2014 - 17:56 | 4633683 jg
jg's picture

I doubt it was a double murder and suicide.

If you shot your wife and daughter, I would presume you would just shoot yourself.  Why go to the bother and pain of hanging yourself?

No, this looks like a 'message' from the CIA/banking/military cabal:  'Squeal on us and we will kill not only you, but your family, too.'

Mon, 04/07/2014 - 18:01 | 4633702 Al Huxley
Al Huxley's picture

Yeah, family murder-suicides usually seem to be along the lines of 'angry, troubled husband kills kids to fuck ex-wife over, then kills ex, then kills himself', or 'suicidal, delusional mother, overmedicated on antidepressants and god-knows what other pharmaceuticals, has temporary insanity moment, kills kids, then comes out of the drug-induced delusion, sees what she did and kills herself.


I don't recall a 'late middle-age executive kills adult daughter and wife with firearm, then hangs self' storyline ever playing out.  Seems suspicious, especially in light of how accident-prone bankers have become lately.  Soon they'll move ahead of roofers and fisherman as the most dangerous profession.

Mon, 04/07/2014 - 18:20 | 4633783 IridiumRebel
IridiumRebel's picture

Bingo....I fear for the surviving daughter.

Mon, 04/07/2014 - 18:22 | 4633792 fonzannoon
fonzannoon's picture

This is bearish for deadliest catch

Mon, 04/07/2014 - 18:36 | 4633839 Clowns on Acid
Clowns on Acid's picture

No.. she is the walking "lesson" out there for all to see. She is more valuable alive. You think these guys play touch football? 

Mon, 04/07/2014 - 18:39 | 4633854 fonzannoon
fonzannoon's picture

I wonder if they were about to expose that gold is being manipulated....oh wait

maybe they were about to tell the world the market is rigged....oh wait.

wtf could these guys be hiding that we don't see on KWN on here 2x a day?

Mon, 04/07/2014 - 19:44 | 4634063 Withdrawn Sanction
Withdrawn Sanction's picture

" could these guys be hiding..."

Hundreds of trillions (notional) in derivatives exposure (of which $250T is held in just 4 US know the ones).  A small screw up by JPM cost them one of their NY bldgs at firesale prices just to call off the Chinese dogs.  ABN screw over the Russians or someone else who plays for keeps?  Banksters think they're bullet proof (no pun intended), which is true....until it isn't.

Mon, 04/07/2014 - 18:52 | 4633889 pipes
pipes's picture



I see a hit team doing him, the wife and daughter interrupt and bingo-bango the suicide becomes murder/suicide.

Mon, 04/07/2014 - 19:26 | 4633999 NuYawkFrankie
NuYawkFrankie's picture

re  Soon they'll move ahead of roofers and fisherman as the most dangerous profession.

 Soon they'll move ahead of roofers, fisherman and 'friends & associates of the Clintons' as the most dangerous profession. - Fixed

Mon, 04/07/2014 - 19:28 | 4634010 logicalman
logicalman's picture

Those Clintons do seem to have quite a 'count', don't they

Mon, 04/07/2014 - 19:40 | 4634033 NuYawkFrankie
NuYawkFrankie's picture

You betcha- read all about here... if you have 2 or 3 weeks to spare:

Mon, 04/07/2014 - 18:10 | 4633737 ramacers
ramacers's picture

the "cover" story is preposterous. this sounds very plausible.

Mon, 04/07/2014 - 20:31 | 4634199 ipud
ipud's picture

Maybe he ran out of bullets?

Mon, 04/07/2014 - 17:57 | 4633685 MillionDollarBoner_
MillionDollarBoner_'s picture

Well, what can we say?

Murdered his own fambly, offed hisself and left one daughter to carry the shame/pain for the rest of her life.

Master of the Universe...or Selfish Asshole?

Mon, 04/07/2014 - 17:57 | 4633686 venturen
venturen's picture

too bad he didn't take a bunch of bankers with him instead of his family!

Mon, 04/07/2014 - 17:57 | 4633689 shermacman
shermacman's picture

I get the depression part. There are dark forces in some people's heads that they can't live with. But the wife and daughter? You lost me there, Schmittmann. Any chance of knowing what type of 'script drugs were involved? No? 

Mon, 04/07/2014 - 18:53 | 4633893 knukles
knukles's picture

Are you SSRIous?

maniacal laughter

Mon, 04/07/2014 - 18:01 | 4633700 Its_the_economy...
Its_the_economy_stupid's picture


Mon, 04/07/2014 - 18:01 | 4633703 Its_the_economy...
Its_the_economy_stupid's picture

not enough decent collateral to be found


Mon, 04/07/2014 - 18:01 | 4633705 Eternal Complainer
Eternal Complainer's picture

Well, I guess that answers everything. Case closed!
Now we're to move on...?

Mon, 04/07/2014 - 18:02 | 4633707 One And Only
One And Only's picture

Bush's fault.

Mon, 04/07/2014 - 19:08 | 4633943 FeralSerf
FeralSerf's picture


The criminal financial "services" racket was a largely the result of "Poppy" Bush's so-called "deregulation".

Mon, 04/07/2014 - 19:48 | 4634080 Withdrawn Sanction
Withdrawn Sanction's picture

Actually, Glass-Steagall was repealed under Clinton in 1999.  But no matter, it's all in the family.

Mon, 04/07/2014 - 18:04 | 4633716 Colonel Klink
Colonel Klink's picture

Struggled with sever depression, probably because he realized just what a huge scumbag he was and how many people he has materially hurting via his banking theft.  Fuck'em, hope he rots in hell.

Mon, 04/07/2014 - 18:07 | 4633728 1835jackson
1835jackson's picture

I would not wish hell on my worst enemy. Think before making such a comment my friend.

Mon, 04/07/2014 - 18:08 | 4633733 Colonel Klink
Colonel Klink's picture

If by hell you mean that imaginary place the grand story book tells us about, then yeah.

Mon, 04/07/2014 - 18:06 | 4633720 Peter Pan
Peter Pan's picture

Even people with $11 million mansions suffer from the same range of illnesses as those lower down the pay scale.

The real question is, how can one induce severe depression in Jamie Dimon, Lloyd and other like minded bankers.

Mon, 04/07/2014 - 18:07 | 4633729 Al Huxley
Al Huxley's picture

Put them on some prescription meds.

Mon, 04/07/2014 - 18:12 | 4633738 Colonel Klink
Colonel Klink's picture

We'll probably find out later he was already on some sort of SSRI.

Brought to you by the other scumbag class, the big pharma industry who brings dangerous products to market, as they bury the true results under the guise of a thinly worded warning label.

Mon, 04/07/2014 - 18:22 | 4633789 Buckaroo Banzai
Buckaroo Banzai's picture

That's what they want you to think.

But not disagreeing with your analysis of the pharma industry.

Mon, 04/07/2014 - 18:24 | 4633801 Colonel Klink
Colonel Klink's picture

Which part did they want me to think?  About him being on an SSRI?  You mean like many of the people who "go nuts" and shoot up places or commit horrible acts while on their products?

Mon, 04/07/2014 - 18:24 | 4633804 Oldwood
Oldwood's picture

The power of manic depression can be far reaching. Lots of them achieve big things...before they blow.

Mon, 04/07/2014 - 19:51 | 4634091 Withdrawn Sanction
Withdrawn Sanction's picture

I see what you did there....nice  " they bury the true results..."  Indeed they do.

Mon, 04/07/2014 - 18:13 | 4633746 GhostInTheMachine
GhostInTheMachine's picture

@ Peter Pan

Nope, not Lloyd, invertebrates are not so high up on the evolutionary ladder to suffer from depressions.

Mon, 04/07/2014 - 18:19 | 4633762 Colonel Klink
Colonel Klink's picture

One needs to have morals and a conscience first before experiencing any remorse for their actions.  Beyond those, it's usually self-pity because they're about to experience an actual consequence of their actions like prison or loss of power.  You know, much like politicians once they're caught redhanded.

Prime example:

One scumbag, two scumbag, red scumbag, blue scumbag /drseuse

Mon, 04/07/2014 - 18:18 | 4633772 Seasmoke
Seasmoke's picture

This is what happens when you do not take care of business when you are warned. Do it yourself or they will do it for you and you risk your family as well. Give me the wine and bubble bath. 

Mon, 04/07/2014 - 18:18 | 4633778 tony wilson
tony wilson's picture
Ex-ABN Amro CEO Killed Family Before Hanging Himself


sure whateveryasay mr rothschild you give us the story arc we will print it.

Mon, 04/07/2014 - 18:22 | 4633794 Duc888
Duc888's picture



Meh, "doing Gods work"




Mon, 04/07/2014 - 18:23 | 4633798 Frank N. Beans
Frank N. Beans's picture

well at least he didn't nailgun himself multiple times; after all, you really can't hang yourself more than once.

sad story though.

Mon, 04/07/2014 - 18:23 | 4633799 Bunga Bunga
Bunga Bunga's picture

What did he know that stocks don't know yet?

Tue, 04/08/2014 - 23:07 | 4634183 813kml
813kml's picture

Apparently, that it's impossible to defy gravity.

Mon, 04/07/2014 - 18:25 | 4633809 Duc888
Duc888's picture

shermacman:  "I get the depression part. There are dark forces in some people's heads that they can't live with. But the wife and daughter?    You lost me there, Schmittmann. Any chance of knowing what type of 'script drugs were involved? No? "


Ya never know, the little douchenozzle would probably get sent to some shitbag Ivy leage college and land a job as jr bankster.


Look at is as a three-fer. 

Mon, 04/07/2014 - 18:26 | 4633811 Caveman93
Caveman93's picture

Yeah, right...sure he did.

Mon, 04/07/2014 - 18:34 | 4633833 ILikeBoats
ILikeBoats's picture

Vince Foster also was reported to be in severe depression as well. Not so depressed that he couldn't travel to Geneva, Switzerland many many times, on behalf of the Clintons for some reason, and not so depressed that he was not able to refuse to sign the blind trust document the Clintons were required to file - you know, the blind trust document that showed up, signed by him, after his death.

Mon, 04/07/2014 - 19:17 | 4633855 falak pema
falak pema's picture

Cliinton also loved a guy called Marc Rich for his innuendo intended; he just gave him a huge tax break  before handing the WH keys to Dubya and let him come back to homeland from his Swiss hanky panky scam-bang operation which later became commodity giant Glencore. 

Mon, 04/07/2014 - 19:21 | 4633975 Colonel Klink
Colonel Klink's picture

The very same Marc Rich that Eric Holder defended?

Mon, 04/07/2014 - 19:01 | 4633917 FeralSerf
FeralSerf's picture

You'd be depressed too if you were Hillary's lover.

Mon, 04/07/2014 - 19:36 | 4634038 Colonel Klink
Colonel Klink's picture

I'd have shot myself BEFORE becoming her lover.

Mon, 04/07/2014 - 20:00 | 4634111 lotsoffun
lotsoffun's picture

klink - and with a nail gun.


Mon, 04/07/2014 - 18:37 | 4633834 falak pema
falak pema's picture

At least in Liechtenstein the bankers have the good grace of being gunned down alone in their garage.

Some countries don't respect Basel 3 rules when it comes to bumping their failed bankers. 


Mon, 04/07/2014 - 18:38 | 4633848 firstdivision
firstdivision's picture

Admit it, I'm not the only one that tried to Google his daughter to see if she was hot.

Mon, 04/07/2014 - 18:39 | 4633853 Ludwig Von
Ludwig Von's picture

No matter, this is sad. Now I wonder about our Mr. baron Lippens, the guy who drove Fortis into the ABN adventure and collapse of Fortis.

Mon, 04/07/2014 - 18:52 | 4633887 firstdivision
firstdivision's picture

If I was an inside guy like this, once the puppet masters threaten me, I'd schedule a meeting with them to "work on the issue" and swallow a brick of c4 with a remote detonator to use during the meeting.  

Mon, 04/07/2014 - 18:58 | 4633906 anyways
anyways's picture

Bankster Bastards even can't take their own life without letting others pay. Burn in hell u monster.

Mon, 04/07/2014 - 19:04 | 4633926 bearish1
bearish1's picture

So...the guy shoots his wife and daughter but hangs himself? 

Not buying this story either.

Mon, 04/07/2014 - 19:13 | 4633950 AvoidingTaxation
AvoidingTaxation's picture

I hate when people kill young females.

Mon, 04/07/2014 - 19:50 | 4634089 Q-Q-Q
Q-Q-Q's picture

Sociopaths, the lot of em.


As in politics the shit floats to the top.

Mon, 04/07/2014 - 20:10 | 4634137 Xandrino
Xandrino's picture

Nowhere in the papers here a hanging is mentioned...

Another strange thing: The daughter who didnt get killed supposedly found the bodies according to 1 newspaper, another newspaper reports she was informed later as to what happened.

I checked several papers here in the Netherlands, nowhere is there anything mentioned that Schmittmann hanged himself...the police are not giving details as to the cause of death due to "privacy reasons".

Wonder how Bloomberg found that out then...

Tue, 04/08/2014 - 05:15 | 4634936 bardot63
bardot63's picture

Why do you suppose youi should trust anything Bloomberg reports?

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