View Full Version : Third Banker, Former Fed Member, "Found Dead" Inside A Week
Surf n Turf
01-31-2014, 17:55
As someone who doesn't believe in coincidences, I wonder what banking "crisis" is awaiting us in this era of "situational ethics" :rolleyes:
SnT
Third Banker, Former Fed Member, "Found Dead" Inside A Week
If the stock market were already crashing then it would be simple to blame the dismally sad rash of dead bankers in the last week on that - certainly that was reflected in 1929. However, for the third time in the last week, a senior financial executive has died in what appears to be a suicide. As Bloomberg reports, following the deaths of a JPMorgan senior manager (Tuesday) and a Deutsche Bank executive (Sunday), Russell Investments' Chief Economist (and former Fed economist) Mike Dueker was found dead at the side of a highway in Washington State. Police said the death appeared to be a suicide.
http://www.zerohedge.com/news/2014-01-31/third-banker-former-fed-member-found-dead-inside-week
William Broeksmit, Ex-Deutsche Bank Risk Manager, Dies at 58
http://www.bloomberg.com/news/2014-01-28/william-broeksmit-former-deutsche-bank-risk-manager-dies-at-58.html
Man Jumps To His Death From JPMorgan London Headquarters
http://www.zerohedge.com/news/2014-01-28/man-jumps-his-death-jpmorgan-london-headquarters
I'd cry my eyes out if Jamie Dimon passed unexpectedly.
Surf n Turf
01-31-2014, 19:01
I'd cry my eyes out if Jamie Dimon passed unexpectedly.
Speaking of which ------ NYC Capitalism :rolleyes:
Don't want the "Government" setting compensation policy, but damn
SnT
The compensation and management development committee of JPMorgan Chase’s board has three members, all seasoned business luminaries in their own right. Lee R. Raymond, the chairman, is the former long-serving chairman and chief executive of Exxon Mobil. Stephen B. Burke is chief executive of NBCUniversal. William C. Weldon is the former chairman and chief executive of Johnson & Johnson.
So how could they recommend paying the bank’s chief executive, Jamie Dimon, $20 million — a 74 percent raise — for 2013, a year in which JPMorgan narrowly escaped a criminal guilty plea and paid more than $20 billion in regulatory fines and penalties?
The $20 million package was jaw-dropping to some people, and set off a barrage of criticism in the news media and from some shareholder advocates. “The board’s view seems to be, the bigger the fine, the bigger the bonus. I hope this doesn’t catch on anywhere else,” Representative Peter Welch, Democrat of Vermont, who introduced legislation that would bar JPMorgan from deducting any of its penalties as a business expense, told me this week. “It’s like they’re thumbing their noses at the regulators.” He said that the board seemed to think that Mr. Dimon “deserves credit for handling all these regulatory matters. But what about getting them into trouble in the first place? Shouldn’t that be the board’s concern?”
http://www.nytimes.com/2014/02/01/business/accounting-for-jamie-dimons-big-pay-raise.html?_r=0
JPMorgan narrowly escaped a criminal guilty plea and paid more than $20 billion in regulatory fines and penalties?
Most of which is going to government from what I recall. Where's my check Jamie? Chase foreclosed on our house after 3.5 years of charade's; claiming I wasn't providing sufficient documents to refinance our loan, or that they lost documents, among other things. Lots of good people lost their homes. He'll get his.
I'd cry my eyes out if Jamie Dimon passed unexpectedly.
Don't forget the squid Lloyd Blankfein
Most of which is going to government from what I recall. Where's my check Jamie? Chase foreclosed on our house after 3.5 years of charade's; claiming I wasn't providing sufficient documents to refinance our loan, or that they lost documents, among other things. Lots of good people lost their homes. He'll get his.
They did that to a lot of people including my Mom. The kicker from my understanding is rather than try to adjust your mortgage and keep you you in a house they make more taking houses, selling them short and collect an insurance offset.
They did that to a lot of people including my Mom. The kicker from my understanding is rather than try to adjust your mortgage and keep you you in a house they make more taking houses, selling them short and collect an insurance offset.
It was fraud. There is no reason other than monetary gain for them to close on our house. I'm sure we're not the only one's who had to deal with that bullsh*t. We are fortunate because we have a roof over our head, but there are millions more who don't, or didn't because of the fraudulent actions of the banks. What they did to Americans was cruel, deceptive, and corrupt. I find solace in the idea that they will get theirs one day, on Earth or after they pass.
FWIW Paslode, the description you provided regarding their monetary gain may be correct.
It was fraud. There is no reason other than monetary gain for them to close on our house. I'm sure we're not the only one's who had to deal with that bullsh*t. We are fortunate because we have a roof over our head, but there are millions more who don't, or didn't because of the fraudulent actions of the banks. What they did to Americans was cruel, deceptive, and corrupt. I find solace in the idea that they will get theirs one day, on Earth or after they pass.
They are in the business to make money.
The crime was how HAMP was pimped, stringing people along and then the Banks doing a complete 360........Mom did a short sale that went on for 2-3 years with daily ups and downs.
No matter how you look at it there are a lot of bankers that should at very least being living in the same cell block as Madoff, best of all worlds they would be thrown into the streets with those they screwed over.
This is getting hard to believe! We'll have to wait and see if he used a pin nailer, a finish nailer or a framing nailer.
A coroner's spokeswoman Thursday said Talley was found in his garage by a family member who called authorities. They said Talley died from seven or eight self-inflicted wounds from a nail gun fired into his torso and head.
http://www.zerohedge.com/news/2014-02-07/4th-financial-services-executive-found-dead-self-inflicted-nail-gun-wounds
Edit: Highly unlikely he killed himself.
The Reaper
02-07-2014, 21:35
Edit: Highly unlikely he killed himself.
Concur.
I doubt that all of the others were suicide either.
TR
Concur.
I doubt that all of the others were suicide either.
TR
If I didn't know any better I say the Mob was in power and they were sending some subtle messages.
Surf n Turf
02-08-2014, 00:10
Yet another one, dead by his own hand, and a nail gun --- 7 or 8 times :rolleyes:
Worse case of suicide since Bonney & Clyde
SnT
Under investigation, American Title CEO dead in grisly suicide
The ugly rash of financial services executive suicides appears to have spread once again. Following the jumping deaths of 2 London bankers and a former-Fed economist in the US, The Denver Post reports Richard Talley, founder and CEO of American Title, was found dead in his home from self-inflicted wounds - from a nail-gun. Talley's company was under investigation from insurance regulators.
Via The Denver Post,
Richard Talley, 57, and the company he founded in 2001 were under investigation by state insurance regulators at the time of his death late Tuesday, an agency spokesman confirmed Thursday.
It was unclear how long the investigation had been ongoing or its primary focus.
A coroner's spokeswoman Thursday said Talley was found in his garage by a family member who called authorities. They said Talley died from seven or eight self-inflicted wounds from a nail gun fired into his torso and head.
http://www.freerepublic.com/focus/f-bloggers/3120545/posts
http://www.denverpost.com/news/ci_25081462/under-investigation-american-title-ceo-dead-grisly-suicide
Yet another one, dead by his own hand, and a nail gun --- 7 or 8 times :rolleyes:
Worse case of suicide since Bonney & Clyde
SnT
Under investigation, American Title CEO dead in grisly suicide
The ugly rash of financial services executive suicides appears to have spread once again. Following the jumping deaths of 2 London bankers and a former-Fed economist in the US, The Denver Post reports Richard Talley, founder and CEO of American Title, was found dead in his home from self-inflicted wounds - from a nail-gun. Talley's company was under investigation from insurance regulators.
Via The Denver Post,
Richard Talley, 57, and the company he founded in 2001 were under investigation by state insurance regulators at the time of his death late Tuesday, an agency spokesman confirmed Thursday.
It was unclear how long the investigation had been ongoing or its primary focus.
A coroner's spokeswoman Thursday said Talley was found in his garage by a family member who called authorities. They said Talley died from seven or eight self-inflicted wounds from a nail gun fired into his torso and head.
http://www.freerepublic.com/focus/f-bloggers/3120545/posts
http://www.denverpost.com/news/ci_25081462/under-investigation-american-title-ceo-dead-grisly-suicide
And they wonder why do many people distrust government, and there are So many conspiracies.
And they wonder why do many people distrust government, and there are So many conspiracies.
Nailed it.
...7 or 8 self inflicted nails...damn !
If I didn't know any better I say the Mob was in power and they were sending some subtle messages.
I hedge my bet on the IMF.
Stiletto11
02-08-2014, 10:16
They eat their own, no morals or ethics involved.
GratefulCitizen
02-08-2014, 11:58
Could be unrelated suicides and/or murders.
It's a big planet with plenty of people.
Poisson clumping and modern communication/media technology can make things seem more related than they really are.
Human beings are quick to make associations, but the permutations for random, seemingly related events among over 7 billion living humans is effectively infinite.
We'll see if the pattern continues.
Could be unrelated suicides and/or murders.
It's a big planet with plenty of people.
Poisson clumping and modern communication/media technology can make things seem more related than they really are.
Human beings are quick to make associations, but the permutations for random, seemingly related events among over 7 billion living humans is effectively infinite.
We'll see if the pattern continues.
Ordinarily we would ignore the news of another banker's death - after all these sad events happen all the time - if it wasn't for several contextual aspects of this most recent passage. First, the death in question, as reported by the Stamford Daily Voice is that of Ryan Henry Crane, a Harvard graduate, who is survived by his wife, son and parents at the very young age of 37. Second, Ryan Henry Crane was formerly employed by JPMorgan - a bank which was featured prominently in the news as recently as two weeks ago when another of its London-based employees committed suicide by jumping from the top floor of its Canary Wharf building. Third: Crane was an Executive Director in JPM's Global Program Trading desk, founded in 1999 by an ex-DE Shaw'er, a function of the firm which is instrumental to preserving JPM's impeccable and (so far in 2013) flawless trading record of zero trading losses.
http://www.zerohedge.com/news/2014-02-12/another-jpmorgan-banker-dies-37-year-old-executive-director-program-trading
Wonder if he committed suicide with a nail gun too.
Odd to me that he would be hired right out of school to JP Morgan considering he graduated with a degree in European History.
mark46th
02-13-2014, 17:21
Sounds like the Clinton Solution...
Another from JP Morgan....
An investment banker on Tuesday jumped to his death from the roof of Chater House in Central, where Wall Street bank JP Morgan has its Asia headquarters, several witnesses told the South China Morning Post.
http://www.scmp.com/business/banking-finance/article/1430296/man-leaps-death-jp-morgans-headquarters-central
What the hell is going on, this is number 9.
http://www.infowars.com/another-successful-banker-found-dead/
What the hell is going on, this is number 9.
Anyone have any idea where Hillary was during these ... 'suicides' ???
:munchin
Stiletto11
02-26-2014, 10:45
What the hell is going on, this is number 9.
http://www.infowars.com/another-successful-banker-found-dead/
Just a family argument, that's all.
New posthumous Robert Ludlum novel: "The Lemming Solution"
Richard
Airbornelawyer
02-26-2014, 11:12
Odd to me that he would be hired right out of school to JP Morgan considering he graduated with a degree in European History.
That is not unusual. My apartment-mate in college was in the same degree program as I was, the international politics program at the Georgetown School of Foreign Service, and he was hired by Goldman Sachs out of college.
Roguish Lawyer
02-26-2014, 15:23
You guys must be going through a ton of tin foil. :rolleyes:
You guys must be going through a ton of tin foil. :rolleyes:
Enough to cover my whole house, car, kids backpacks and make my garage a faraday cage. Could thing i got a membership at costco.:D
Airbornelawyer
02-27-2014, 10:13
Could be unrelated suicides and/or murders.
It's a big planet with plenty of people.
Poisson clumping and modern communication/media technology can make things seem more related than they really are.
Human beings are quick to make associations, but the permutations for random, seemingly related events among over 7 billion living humans is effectively infinite.
We'll see if the pattern continues.
You guys must be going through a ton of tin foil. :rolleyes:
Ditto.
The suicide rate in both the US and the UK is about 12 per 10,000. In Switzerland, it is about 11 per 10,000. In Germany, it is about 10 per 10,000. And it is much higher among males (19, 18, 16.5 and 16 in the US, UK, CH and DE respectively). These countries are among the leaders in banking and financial services.
Bank of America, Citigroup, JPMorgan and Wells Fargo each have around 250,000 or more employees. Barclays has about 140,000 (25,000 of them in Barclays Investment Bank). Deutsche Bank has almost 100,000. UBS has over 60,000. Morgan Stanley has about 55,000. BNY Mellon has about 48,000. Credit Suisse has about 47,000. Goldman Sachs has about 32,000.
The financial services sector in the US alone employs approximately 9.85 million people, of whom 4.07 million are classified as in "Management, business, and financial operations occupations".
Obviously, not all of these are high-flying investment bankers, but there are somewhere around 100,000-200,000 of those, with a high turnover every year, and they are predominantly male. Also, whites have higher suicide rates than non-whites, and investment bankers are also predominantly white. Suicide rates are also higher among alcoholics, and bankers drink like fish. Suicide rates are also much higher among people at the late stages or end of their careers or useful lives (the highest rate is among 45-64 year olds), and for an investment banker, 37 is actually not young. Investment banking is high-stress and has a high turnover, which is why the really successful ones make what seems like outrageous amounts of money. And pretty much every major investment bank has announced more cutting of employees, even as economies in many of their markets improve.
Many of my clients were investment bankers, though primarily on the deal-making rather than trading side of the business, and as high-stress and depressing as my job was, I did not particularly envy them. And we had a high turnover too. Of my starting class at my firm of 30, 10 were gone within a year, and by the fifth year only 4 were left. By the seventh year, one was left, and it wasn't me.
spherojon
03-18-2014, 15:56
http://nypost.com/2014/03/18/string-of-suicides-rocking-financial-world-baffles-experts/
The financial world has been rattled by a rash of apparent suicides, with some of the best and brightest among the finance workers who have taken their lives since the start of the year.
Anybody remember this former Wall Street Banker?
www.youtube.com/watch?v=Y2lum-T7_hc
What is he munching on?