Monday, February 3, 2014

4 Bankers' apparent suicides in a Week (Updates)

JP Morgan in Canary Wharf district London
From RT News:

The apparent suicide death of the chief economist of a US investment house brings the number of financial workers who have died allegedly by their own hand to four in the last week. 50-year-old Mike Dueker, who had worked for Russell Investment for five years, was found dead close to the Tacoma Narrows Bridge in Washington State, says AP.

Streak of bankers’ deaths:

Dueker’s apparent suicide was the fourth among financial experts in a week.
A 58-year-old former senior executive at Deutsche Bank AG, William Broeksmit, was found dead on January 26 in his home after an apparent suicide in South Kensington in central London.

The next day, January 27, Tata Motors managing director Karl Slym, 51, was found dead on the fourth floor of the Shangri-La hotel in Bangkok. Police said he could have committed suicide. Mr. Slym was staying on a 22nd floor with his wife and was attending a board meeting in the Thai capital.

Another tragic incident occurred on January 28, when a 39-year-old Gabriel Magee, a JP Morgan employee, died after falling from the roof of its European headquarters in London.  (end RT News)

Last year the Baby Boomer's had more deaths by suicide than fatalities from auto accidents. Guess we can't live without or $stuffeez$.  In SponeBob We Trust. (Dows dwn 326 pts) Goldman Sachs called a 10% correction, (1,658 pts) that's The Feds Boy, guess they gave us all a warning shot mid-Jan, hope many of you heeded to it.  Thanks, Gentleman,  I hope we all can get along here on out; at Dow high 16,588 and right now the Dow is at 15,373 off 1,215 pts. and The Fed is slowing the printing. I'll tell ya what's happening here, is without The Fed the derivatives spread is so huge only 30% of the spread can be covered.  At some point man, this stuff gets to ya. "What do you want?  I'm jumping here." 

Tokyo Japan, Nikkei 225 is down 611 pts at the close Tues.  China, Hang Seng dwn 637 pts they're an hour behind Toyko.  This has been a Typhoon.  Germany Dax closed dwn 59 pts 

The Jack Wagons' are the proprietors for these institutions.



Heavy work-related Stress

Moments before Li's fall R.I.P.

The latest apparent suicide marks the 3rd sudden death at JP Morgan and the 6th in the global financial world in just a few weeks.

Channel "RT TV" (Full Story)

NYC trader suicide becomes 11th

The financial world suffered another apparent suicide this week, as a New York City trader ended his life by throwing himself in front of an oncoming train.

The incident occurred Tuesday morning around 6 a.m. in Syosset, New York, when 47-year-old Edmund Reilly was struck by a Long Island Rail Road commuter train. Declared dead at the scene, Reilly’s identity was confirmed by LIRR, which also stated an investigation was underway.

Speaking with the New York Post, a family friend said he saw Reilly over the weekend and that he “didn’t look good.”

“Eddie was a great guy,” said Vertical Group managing director Rob Schaffer to the Post. “We are very upset and he will be deeply missed.”

Channel "RT TV"  (Full Story)

Young banker's suicide becomes 12th

A New York City investment banker is dead after allegedly jumping from his apartment building, continuing an alarming streak of suicides that has descended upon the financial world.

The latest death occurred on March 12 when 28-year-old Kenneth Bellando was found on the sidewalk outside his six-story Manhattan apartment building.

Channel "RT TV"  (Full Story)

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