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Dead Bankers since start of 2014

  • 07-04-2014 6:47pm
    #1
    Closed Accounts Posts: 439 ✭✭


    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. No details have been released about his death aside from this small obituary announcement at the Stamford Daily Voice.

    8 - Dennis Li Junjie, 33-year-old banker in Hong Kong jumped from the JP Morgan HQ in Hong Kong, February 14

    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 few days ago.

    There are a lot of people working in finance so maybe this is all just a coincidence?


Comments

  • Registered Users, Registered Users 2 Posts: 340 ✭✭The_Mask


    Or maybe they felt guilty


  • Registered Users, Registered Users 2 Posts: 4,643 ✭✭✭worded


    No irish ones on the list.


  • Closed Accounts Posts: 439 ✭✭Harold Weiss


    worded wrote: »
    No irish ones on the list.

    Guessing they don't feel guilty.


  • Registered Users, Registered Users 2 Posts: 1,896 ✭✭✭Sacksian


    Well, a lot of people do work in finance and a lot of people commit suicide every year.

    Interesting enough article from last year discussing the phenomenon of suicides in the banking sector here: http://www.ibtimes.com/suicide-among-bankers-appears-be-rise-again-pressures-get-banks-businesses-back-black-takes-its-toll


  • Registered Users, Registered Users 2 Posts: 458 ✭✭REXER


    worded wrote: »
    No irish ones on the list.
    Guessing they don't feel guilty.

    :( Absolutely no sense of shame at all!


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  • Closed Accounts Posts: 3,357 ✭✭✭Beano


    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. No details have been released about his death aside from this small obituary announcement at the Stamford Daily Voice.

    8 - Dennis Li Junjie, 33-year-old banker in Hong Kong jumped from the JP Morgan HQ in Hong Kong, February 14

    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 few days ago.

    There are a lot of people working in finance so maybe this is all just a coincidence?

    The first question you have to ask is are the number of deaths of those in the banking profession statistically different to other professions. Or more specifically the number of suspicious deaths. I cant see how 12 deaths spread over most of the world could be seen as statistically significant.

    There were similar stories last year concerning the number of suicides at a company call Foxconn in china who made equipment for Apple amongst others. When the numbers were examined properly the suicide rate was actually lower than china as a whole despite the absolute number appearing high.

    Until these 12 deaths have been analysed statistically their absolute number alone shows nothing.


  • Registered Users, Registered Users 2 Posts: 17 Lawless Liam


    Dead since the start of 2014
    TJ o toole- Waterford 49 former construction worker. Unemployed since 2008

    Larry McDermott , co Monaghan, 53 former retail business owner. Went out of business in 2011.

    Mary o brien , co Longford ,38, former hotelier,went out of business 2009.

    All fake names above but for every aforementioned banker there is a genuine hard working individual that could not cope with the affects of the economic downturn and could not see a light at the end of the tunnel.
    Rip to one and all.


  • Registered Users, Registered Users 2 Posts: 3,831 ✭✭✭Torakx


    And what about all the homeless people living out on the cold streets getting kicked around and moved on because they make the place look like it really is.
    Those bankers may not even have been homeless and yet they could not live another moment?
    What does this say for all those homeless people out there? Are the bankers in a worse state when they lose millions?
    They don't know what they had and the peoples lives they took part in destroying.
    One reason I can look at that first list objectively. Or as least as much as my cynical mind can manage.
    You reap what you sow....


  • Closed Accounts Posts: 439 ✭✭Harold Weiss


    Markets are quite volatile at the moment.

    DJI (Dow Jones Industrial Average) was ~15,300 in February climbing to ~16,500 2 months later. Was ~14,500 this time last year.

    DJI dropped ~400 points since yesterday which indicates a correction coming but who knows.


  • Registered Users, Registered Users 2 Posts: 22,412 ✭✭✭✭endacl


    I wonder how many bankers have not died during the same period, and what conspiracy might that coincidence suggest...?

    Or expand it out. By 2114 every banker involved in the global financial crisis will be dead. Spooky.


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  • Closed Accounts Posts: 439 ✭✭Harold Weiss


    endacl wrote: »
    I wonder how many bankers have not died during the same period, and what conspiracy might that coincidence suggest...?

    Or expand it out. By 2114 every banker involved in the global financial crisis will be dead. Spooky.


    Wow, how witty and original. I'm in awe.


  • Closed Accounts Posts: 3,357 ✭✭✭Beano


    I'm still waiting to here what the actual conspiracy theory is here?


  • Registered Users, Registered Users 2 Posts: 22,412 ✭✭✭✭endacl


    Wow, how witty and original. I'm in awe.
    Beano wrote: »
    I'm still waiting to here what the actual conspiracy theory is here?

    Yeah. What Beano said.

    What's your point, op?

    :rolleyes:


  • Closed Accounts Posts: 439 ✭✭Harold Weiss


    endacl wrote: »
    Yeah. What Beano said.

    What's your point, op?

    :rolleyes:

    No idea. Let's wait and see if it means anything.
    Probably means nothing.
    April 28

    A female banker allegedly jumped to her death in France this week, bringing the number of recent deaths in the banking industry, most of them suicides, to a record 14.

    The woman, whose first name is Lydia– no last name has been released– was an employee of the Bred-Banque Populaire. According to the Le Parisien, the 52-year-old woman jumped from the 14th floor of the bank’s headquarters in Paris Tuesday around 10 a.m.

    Lydia reportedly jumped to her death after an argument with upper management. A police investigation is underway and employees are being offered medical help for the shock. No other information is available at this time.


  • Closed Accounts Posts: 3,357 ✭✭✭Beano


    No idea. Let's wait and see if it means anything.
    Probably means nothing.

    well then perhaps its best to wait until there is a conspiracy theory before starting a thread in Conspiracy Theories. Just saying.


  • Registered Users, Registered Users 2 Posts: 417 ✭✭Bray Header


    I read an article that says the rate of the suicides is not really the strange issue, but the fact that most of them are jumping from buildings.

    Taking a jump is the least common form of suicide (2%). I'm going to dig out the article and link it.


  • Closed Accounts Posts: 439 ✭✭Harold Weiss


    Beano wrote: »
    well then perhaps its best to wait until there is a conspiracy theory before starting a thread in Conspiracy Theories. Just saying.

    I'm not really sure why you post on Conspiracy Theory forum at all when so much of what gets said here seems to leave you upset.

    If a forum was upsetting me so much, I'd probably just not bother reading anything on it.


  • Closed Accounts Posts: 439 ✭✭Harold Weiss


    Suspicious Deaths Of Bankers Are Now Classified As "Trade Secrets" By Federal Regulator
    beginning late last year, a rash of suspicious deaths start to occur among current and former bank employees. Next we learn that four of the Wall Street mega banks likely hold over $680 billion face amount of life insurance on their workers, payable to the banks, not the families. We ask their Federal regulator for the details of this life insurance under a Freedom of Information Act request and we’re told the information constitutes “trade secrets.”


  • Closed Accounts Posts: 3,357 ✭✭✭Beano


    I'm not really sure why you post on Conspiracy Theory forum at all when so much of what gets said here seems to leave you upset.

    If a forum was upsetting me so much, I'd probably just not bother reading anything on it.

    Who is upset?


  • Closed Accounts Posts: 1,988 ✭✭✭enno99


    Beano wrote: »
    well then perhaps its best to wait until there is a conspiracy theory before starting a thread in Conspiracy Theories. Just saying.

    Or perhaps we could just theorize about events we find a little peculiar and open a discussion with others who might feel the same.
    And see does it warrant ant further research :)


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  • Closed Accounts Posts: 3,357 ✭✭✭Beano


    enno99 wrote: »
    Or perhaps we could just theorize about events we find a little peculiar and open a discussion with others who might feel the same.
    And see does it warrant ant further research :)

    well that would be a start


  • Closed Accounts Posts: 3,357 ✭✭✭Beano



    Any sensible company has life insurance on important employees. I know my company does and we are not a multinational bank. Should i be worried that they will bump me off?


  • Closed Accounts Posts: 439 ✭✭Harold Weiss


    Beano wrote: »
    Any sensible company has life insurance on important employees. I know my company does and we are not a multinational bank. Should i be worried that they will bump me off?

    Maybe you should leave a comment for the author of the article since I didn't write it.


  • Closed Accounts Posts: 1,988 ✭✭✭enno99


    Beano wrote: »
    well that would be a start

    In my view starting a thread on a CT forum suggests the OP has some misgivings that they cant put their finger on and leaving it open for direction and discussion
    So that seems a good place to start


  • Closed Accounts Posts: 1,988 ✭✭✭enno99


    Beano wrote: »
    Any sensible company has life insurance on important employees. I know my company does and we are not a multinational bank. Should i be worried that they will bump me off?

    Would that policy also be a trade secret is this common ?


  • Posts: 0 ✭✭✭✭ [Deleted User]


    I read an article that says the rate of the suicides is not really the strange issue, but the fact that most of them are jumping from buildings.

    Taking a jump is the least common form of suicide (2%). I'm going to dig out the article and link it.
    I think you'd have to also factor in that bankers would be more likely to work in places like high rise buildings. I wouldn't be surprised if bankers make up a sizable chunk of that 2%.


  • Closed Accounts Posts: 3,357 ✭✭✭Beano


    enno99 wrote: »
    Would that policy also be a trade secret is this common ?

    well its not public knowledge. they would only release that information if they had to.


  • Closed Accounts Posts: 1,988 ✭✭✭enno99


    Beano wrote: »
    well its not public knowledge. they would only release that information if they had to.

    Understandable its private information after all Should that not have been the reply to the FOI

    What makes it a trade secret?
    Do you not find the term odd in this instance


  • Closed Accounts Posts: 3,357 ✭✭✭Beano


    enno99 wrote: »
    Understandable its private information after all Should that not have been the reply to the FOI

    What makes it a trade secret?
    Do you not find the term odd in this instance

    It does seem an odd term. But i can see why they wouldnt rush to release it. I cant see how it is relevant to anybody outside the company.


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  • Closed Accounts Posts: 1,988 ✭✭✭enno99


    Beano wrote: »
    It does seem an odd term. But i can see why they wouldnt rush to release it. I cant see how it is relevant to anybody outside the company.

    So would it have been deliberately placed under trade secrets to prevent it from being released
    Because otherwise it would have been subject to a FOI
    Im guessing whoever requested the information would have stated why they thought it was relevant and in the public interest

    Is that how FOI works ? or can anybody just request it with no particular reason


  • Closed Accounts Posts: 3,357 ✭✭✭Beano


    Freedom of information requests can only be made to a public body. In this case the federal regulator. The response did not say it because they were trade secret specifically, it said
    “privileged or contains trade secrets, or commercial or financial information, furnished in confidence, that relates to the business, personal, or financial affairs of any person,”

    So it could have been for any of these reasons.


  • Closed Accounts Posts: 3,357 ✭✭✭Beano


    enno99 wrote: »
    So would it have been deliberately placed under trade secrets to prevent it from being released
    Because otherwise it would have been subject to a FOI
    Im guessing whoever requested the information would have stated why they thought it was relevant and in the public interest

    Is that how FOI works ? or can anybody just request it with no particular reason

    To answer that last question, yes, anybody can make these requests. The irish government charge a small fee for this. In a lot of cases they are made by journalists on fishing expeditions.


  • Closed Accounts Posts: 1,988 ✭✭✭enno99


    Beano wrote: »
    Freedom of information requests can only be made to a public body. In this case the federal regulator. The response did not say it because they were trade secret specifically, it said
    “privileged or contains trade secrets, or commercial or financial information, furnished in confidence, that relates to the business, personal, or financial affairs of any person,”

    So it could have been for any of these reasons.

    got a chance to read the full artice


    The ironic reality is that the documents do not pertain to the personal financial affairs of individuals who have a privacy right. Individuals are not going to receive the proceeds of this life insurance for the most part. In many cases, they do not even know that multi-million dollar policies that pay upon their death have been taken out by their employer or former employer. Equally important, JPMorgan is a publicly traded company whose shareholders have a right under securities laws to understand the quality of its earnings – are those earnings coming from traditional banking and investment banking operations or is this ghoulish practice of profiting from the death of workers now a major contributor to profits on Wall Street?

    I gues to the elite we a really just livestock some worth more than others :mad:
    maybe every employee should do a FOI and see what these cnuts think they are really worth


  • Registered Users, Registered Users 2 Posts: 89 ✭✭pilgrim pat


    the bubble is going to burst,stock market crash any day now,its in the papers on the news it can happen and it will, did these people know something ? there is a dam good chance they did


  • Posts: 0 [Deleted User]


    Beano wrote: »
    Any sensible company has life insurance on important employees. I know my company does and we are not a multinational bank. Should i be worried that they will bump me off?

    Incorrect, many multinationals have insurance on ALL employee's....
    They use it for tax write off and collect for the company should an employee die.

    Most employee's are unaware that they are insured by the company at all and spouse's are often shocked if they become aware of it after said spouse has expired..............

    Cruel.


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  • Closed Accounts Posts: 3,357 ✭✭✭Beano


    Incorrect, many multinationals have insurance on ALL employee's....
    They use it for tax write off and collect for the company should an employee die.

    Most employee's are unaware that they are insured by the company at all and spouse's are often shocked if they become aware of it after said spouse has expired..............

    Cruel.

    so all perfectly normal then


  • Closed Accounts Posts: 439 ✭✭Harold Weiss


    The bodies of Knott, 45, and his wife Alita, 47, were found July 6 in their home in Jefferson Township, New Jersey, police said in a July 8 statement. He shot her repeatedly, then took his life with the same gun, police said.

    JPMorgan Tech Executive Killed Wife Before Suicide, Police Say


  • Closed Accounts Posts: 3,357 ✭✭✭Beano



    so no closer to establishing any kind of link then?


  • Closed Accounts Posts: 439 ✭✭Harold Weiss


    Beano wrote: »
    so no closer to establishing any kind of link then?

    Why so serious?


  • Closed Accounts Posts: 3,357 ✭✭✭Beano


    Why so serious?

    i would have thought that peoples' death was a serious topic. I didnt realise this was after hours.


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  • Registered Users, Registered Users 2 Posts: 10,761 ✭✭✭✭degrassinoel


    keep it civil guys.. big brother is watching


  • Closed Accounts Posts: 439 ✭✭Harold Weiss


    Beano wrote: »
    so no closer to establishing any kind of link then?

    In answer to your question, no.


  • Closed Accounts Posts: 3,357 ✭✭✭Beano


    In answer to your question, no.

    thank you.


  • Closed Accounts Posts: 439 ✭✭Harold Weiss


    Goldman Sachs Managing Director Nicholas Valtz Found Dead
    Nicholas Valtz, a managing director in cross-asset sales at Goldman Sachs Group Inc. (GS) in New York, was found dead yesterday by family members who went searching for him after he didn’t return from a kiteboarding outing.

    Looks like an accident ...and no, I'm not being flippant or sarcastic.


  • Registered Users, Registered Users 2 Posts: 70 ✭✭jeanrose770


    Lots of people from JP Morgan????
    Is there a reason for that? .....well Im sure there is, but what is it!?


  • Closed Accounts Posts: 3,357 ✭✭✭Beano


    Lots of people from JP Morgan????
    Is there a reason for that? .....well Im sure there is, but what is it!?

    what makes you so sure?


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