Did they know each other? Have business dealing ‘?
What did they know, that they couldn't face, that we are about to find out?
- JP Morgan has paid $20 billion in fines for criminal wrongdoing last year.
- JP Morgan was the largest payment processor of EBT card transactions, certainly a safe business, but is now putting that business up for sale.
- JP Morgan's "London Whale," a "rogue trader" was based in London, and lost JP Morgan a lot of money when his trades went sour.
- London has looser financial laws than New York, and is where a lot of the really shady deals occur.
- MF Global, run by Corazine, made its bad trades in London using customer's rehypothocated money.
Have an exit plan... -Matt Drudge
Didn’t this sort of thing happen a lot during the Great Depression of the 1930’s? The economy crashed, rich peoples’ money evaporated, and they killed themselves en masse because they didn’t know how to survive without the wealth cushion. I work for a rich widow in Geriatric Home Care, and one day she told me “My first husband committed suicide because he was down to his last million dollars, and he couldn’t take it. He was terrified of being “poor”.
If your self-worth is determined by what’s in your bank account, then you have a serious mental problem. At least in my opinion. If you get knocked down, you’re supposed to get up and start over. Over and over, for as long as you’re stuck on this planet.
Bouncing bankers are never a good sign.
Quick, someone get a post off to 221-B Baker St.
This is a good sign. Think about it - bankers work to trash our world, not theirs. So they wouldn’t kill themselves (or be killed) for just doing their jobs. But if they were going to fail at wiping us out... well, they couldn’t live with that.
When the real sht goes down, all these hollow “brick and mortar” bank locations are going to be boarded up quicker than a window in a zombie movie. You will never see a nickel from a banking, investment, or insurance institution, once the bubble bursts.
Interesting how these suicides occur on the same day as the State of the Union address, where Obama proposes guaranteed government retirement accounts offered through the US Treasury.
Are we looking at the Great Depression all over again? Very interesting that two bankers committed suicide. Not to mention that the stock markets around the world are taking large hits, and there is no indication that it is just a slight correction. Maybe this will shut the global warming people up for 15 seconds, but then again, maybe not.