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What’s Behind The Growing Pile Of Dead Banker Bodies? Here's a background of some of the dead...
Personal Liberty ^ | 02/25/2014 | Bob Livingston

Posted on 03/01/2014 8:24:03 PM PST by SeekAndFind

What’s Behind The Growing Pile Of Dead Banker Bodies?

It’s become a health hazard to be a banker. What evil lurks beneath the pile of bodies?

In growing numbers, the bodies of bankers are piling up in the streets — at least eight global financial types in recent weeks (and five others in the past year). And a financial reporter for The Wall Street Journal walked out of his house and mysteriously hasn’t been seen or heard from in weeks.

So what gives? Three of the bankers worked for JPMorgan. One worked for Deutsche Bank AG. Others for companies not so prominent, i.e., not “too big to fail,” but possibly implicated in one or more of the number of investigations being undertaken in FOREX fraud and the LIBOR scandal. Maybe they uncovered something they shouldn’t have. Maybe they knew too much to begin with. Some of the “suicides” have been deemed “suspicious.”

Did they suddenly feel remorse for screwing over their depositors so badly? Or, possibly, they realized that the global financial crash that is coming will be bigger than anything ever experienced and don’t want to have to experience it.

Li Junjie, 33, worked in JPMorgan’s Hong Kong headquarters. He jumped from the building’s roof last week as police tried to talk him down. His friends told police he had been experiencing work-related stress. “The pressure of front-line sales and trading jobs has spread through to formerly calm back offices, where trades are checked to ensure compliance with regulations. Adding to those pressures, banks see their back offices as a cost, rather than as revenue generating. The pressure intensified after New York state’s top financial regulator, Benjamin Lawsky, demanded documents from over a dozen banks in a probe of trading practices in the US$5.3 trillion a day foreign exchange market. Manipulation of the benchmark Libor interbank lending rate has led to dozens of traders being fired and penalties topping US$6 billion,” reports South China Morning Post. But Junjiee had recently bought a HK$5.5 million apartment and planned a trip to Toronto where he had once held a job at Royal Bank of Canada.

Note from the Editor: As a reader you deserve to know the truth behind the economic disaster America faces. I’ve arranged for readers to get free copies of two books that reveal the sinister plot by the US Government to steal our wealth — a plot Merrill Jenkins, Sr. (the Original Monetary Realist) tried to expose at great risk. His books are hard to find, but these books include rare transcripts from his lectures. Click here for your free copies.

Gabriel Magee, 39, a vice president for JPMorgan’s corporate and investment bank technology department, worked in the bank’s European Headquarters in London. He fell from that 33-story building’s roof on Jan. 27. His parents say he had recently been given permission to work four days a week, was in a happy relationship with his girlfriend and talking about planning a family. They say there is no reason for him to have been on the roof.

Ryan Henry Crane, 37, was an executive director of JPMorgan’s unit that trades blocks of stocks for clients. He was found dead in his Stamford, Conn., home on Feb. 3, but no details have been released. A spokeswoman for the State’s chief medical examiner’s office said a cause of death will be determined when a toxicology report is completed sometime in March. There are reports that Crane oversaw all the trade platforms and worked closely with Magee and would have had access to the same information.

William Broeksmit, 58, was a retired Deutsche Bank senior manager and was found in his house hanged. He had worked in investment banking — specifically risk and securities — and lived in an exclusive neighborhood in South Kensington. Broeksmit was said to be close to co-chief executive Anshu Jain and had worked rescue the bank in the wake of the 2008 financial crisis. A plan to promote him to the bank’s management board was scuttled by German financial regulators in 2012.

Mike Dueker, 50, was a chief economist at Russell Investments. He was found off the side of a highway leading to the Tacoma Narrows Bridge in Washington. Police believe he climbed a fence and jumped down a 40- to 50-foot embankment. They are calling his death a suicide. He formerly worked for the Federal Reserve where he developed a business cycle index that forecast economic performance.

Richard Talley, 57, a former investment banker with Drexel Burnham Lambert and the founder of American Title Services in Centennial, Colo., was found dead Feb. 3 with eight nail gun wounds to his torso and head. Police ruled his death a suicide. His company was under investigation at the time of his death. But what would possess a man to shoot himself eight times with a nail gun? There are a lot of less painful ways for someone to off himself.

Karl Slym, the 51-year-old director managing director of Tata Motors, was found dead after a fall from a Bangkok hotel. Police found a 3-page “suicide note” but later determined it was written by his wife, Sally. Tata Motors is said to be dealing with a slowdown and Slym was responsible for charting the company’s strategy in the Indian market.

Tim Dickenson, a U.K.-based communications director at Swiss Re AG, died in January. There has been little published about Dickenson, his death or its circumstances.

Others who have died by suicide or other suspicious means include ABC Verlag CEO Daniel Eicher (June 2013), Swisscom CEO Carsten Schloter (August 2013), Bank of America Intern Moritz Erhardt (August 2013), Zurich Insurance Group AG CFO Pierre Wauthier (August 2013) and Wall Street hedge fund executive Robert Wilson (December 2013).

Finally, reporter David Bird of the WSJ, who covers the commodities market (which is under investigation by the Senate’s Permanent Subcommittee on Investigations), left his New Jersey home on Jan. 11 and never returned. The 55-year-old told his wife he was going for a walk, but left without medicine he’s required to take daily as a result of a liver transplant.

On Feb. 17, three former Barclays employees suspected in the manipulation of the LIBOR global benchmark interest rate were charged in Britain. The conspiracy allegedly took place between 2005 and 2007. Three people had already been charged and British prosecutors are said to have identified as many 22 co-conspirators.

On Jan. 30, former Harvard economics professor Terry Burnham announced on PBS that he had withdrawn all but $10,000 of the $1 million he had in a checking account at Bank of America because he feared bank runs because of the Fed policies of Ben Bernanke and Janet Yellen. Burnham writes:

Why do I risk starting a run on Bank of America by withdrawing my money and presuming that many fellow depositors will read this and rush to withdraw too? Because they pay me zero interest. Thus, even an infinitesimal chance Bank of America will not repay me in full, whenever I ask, switches the cost-benefit conclusion from stay to flee.

He rightfully points out that when the Fed intervenes in markets, it has two effects. First, it decreases wealth by distorting markets and causing bad investment decisions. And second, the members of the Fed become reverse Robin Hoods as they take from the poor (and unsophisticated) investors and give to the rich (and politically connected).

That this idea and that hints of a coming bank run are making mainstream news should be a clarion call warning signal to anyone with money in the bank.

Think there aren’t any troubles on the economic horizon? Think again. Banks are instituting greater exchange controls. In recent days, bank runs have occurred in Thailand, Kazakhstan and Argentina. China is quietly selling off its U.S Treasuries. The level of bad loans in Spain has risen to an all-time high. Last week, the EU announced via Reuters that it was looking at confiscating the savings of 500 million citizens to fund long-term investments and boost the economy.

“But my bank account is protected by the FDIC,” you protest. To which I say, “Ha!” The Federal Deposit Insurance Corp. has only $40.8 billion on account while insuring trillions of dollars. And you may not know this, but banks don’t hold all the money they supposedly have as assets. Study fractional reserve banking. Banks lend out $10 for $1 in asset they hold, and most of what they do hold are not even worthless strips of fiat. They are simply electronic blips. So when depositors line up to demand their money, only the first few get any before the banks run out of cash.

President Barack Obama’s MyRA scheme is a scam to try and prop up U.S. Treasuries. The regime already has its eye on $19 trillion in personal retirement accounts in order to cover its almost $18 trillion in “debt.”

Anyone who still has money in the bank beyond what is needed to pay the bills is a fool. The banking system under the Federal Reserve is nothing more than a Ponzi scheme and a racket.

To protect yourself, you should have silver (pre-1965 U.S. coins) and gold in your possession. Buy guns and ammo, heirloom, non-GMO seeds, and land in the country. The financial calamity that I and others have predicted is drawing ever nigh.


TOPICS: Business/Economy; Society; Weird Stuff
KEYWORDS: bankerbodies; bankers; banking; bankingsuicides; bho44; deathtoll; mystery; suicide

1 posted on 03/01/2014 8:24:03 PM PST by SeekAndFind
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To: SeekAndFind

Too bad Bammy knows no shame.....


2 posted on 03/01/2014 8:25:25 PM PST by Paladin2
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To: SeekAndFind

“The Federal Deposit Insurance Corp. has only $40.8 billion on account while insuring trillions of dollars. And you may not know this, but banks don’t hold all the money they supposedly have as assets.”

Worth reading and remembering.


3 posted on 03/01/2014 8:27:49 PM PST by max americana (fired liberals in our company last election, and I laughed while they cried (true story))
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To: SeekAndFind

Something about an 8-nail suicide by nailgun by a very smart person sounds strange. Dedicated, but still very strange.


4 posted on 03/01/2014 8:28:07 PM PST by Cvengr (Adversity in life and death is inevitable. Thru faith in Christ, stress is optional.)
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To: max americana

“And you may not know this, but banks don’t hold all the money they supposedly have as assets.”

Yes. Somewhat like playing musical chairs, except that those in the know already have a reserved seat for when the music stops. The rest of us are on are own.


5 posted on 03/01/2014 8:32:58 PM PST by pieceofthepuzzle
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To: pieceofthepuzzle

Yup. The concept of a “savings account” is a laugher too.


6 posted on 03/01/2014 8:36:46 PM PST by max americana (fired liberals in our company last election, and I laughed while they cried (true story))
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To: Cvengr

It’s just a flesh wound!


7 posted on 03/01/2014 8:41:41 PM PST by Axenolith (Government blows, and that which governs least, blows least...)
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To: SeekAndFind

8 posted on 03/01/2014 9:09:28 PM PST by jiggyboy
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To: max americana

The FDIC has $ .30 to insure every $ 1000 account. In the US you cannot open an insurance company in any state or territory with that asset to liability ratio. If one of the top six US banks defaulted the FDIC would default.


9 posted on 03/01/2014 9:15:15 PM PST by Fee ( Big Gov and Big Business are Enemies of America)
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To: SeekAndFind

bttt


10 posted on 03/01/2014 9:28:15 PM PST by TEXOKIE (We must surrender only to our Holy God and never to the evil that has befallen us.)
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To: SeekAndFind

What a bunch of stiff old Fuddy duddies.


11 posted on 03/01/2014 9:45:25 PM PST by rawcatslyentist (Jeremiah 50:32 "The arrogant one will stumble and fall ; / ?)
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To: SeekAndFind
Did they suddenly feel remorse for screwing over their depositors so badly?

Which depositors were screwed over? Where?

“Ha!” The Federal Deposit Insurance Corp. has only $40.8 billion on account while insuring trillions of dollars.

What's the proper amount they should hold?

And you may not know this, but banks don’t hold all the money they supposedly have as assets.

Only idiots did not know this.

http://www.youtube.com/watch?v=EOzMdEwYmDU

Banks lend out $10 for $1 in asset they hold,

Nope, sorry. They lend out less than deposits, not multiples of deposits.

To protect yourself, you should have silver (pre-1965 U.S. coins) and gold in your possession.

Right, because losing 30% on your gold and 60% on your silver over the last 2.5 years was much better than cash in a bank Ponzi scheme.

12 posted on 03/01/2014 9:54:25 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Cvengr

Was his body found at Ft. Marcy Park? Clearly, a suicide. Bob


13 posted on 03/01/2014 10:07:55 PM PST by alstewartfan (She got caught between the shadows and the booze And she really did know how to have the blues. Al S)
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To: null and void

in case you were interested....


14 posted on 03/01/2014 10:09:13 PM PST by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
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To: MHGinTN

PING


15 posted on 03/01/2014 10:11:27 PM PST by Tennessee Nana
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To: Cvengr

Quite nearly impossible actually.


16 posted on 03/01/2014 11:38:00 PM PST by MarMema ("If Americans really wanted Obamacare, you wouldn't need a law to make them buy it." Ted Cruz)
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To: volunbeer

Ping for later


17 posted on 03/02/2014 1:39:43 AM PST by volunbeer
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To: Cvengr
Something about an 8-nail suicide by nailgun by a very smart person sounds strange. Dedicated, but still very strange.

8 Nails?

Well, he wasn't a quitter.

Which begs the question...

18 posted on 03/02/2014 2:34:55 AM PST by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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Comment #19 Removed by Moderator

To: Toddsterpatriot
Right, because losing 30% on your gold and 60% on your silver over the last 2.5 years was much better than cash in a bank Ponzi scheme.

Oh so typical American short term thinking wrapped in a healthy dose of normalcy bias. If you sincerely believe the next 30 years are going to be like the last 30, mister, you are in for one rude surprise......

20 posted on 03/02/2014 6:42:58 AM PST by Thermalseeker (If ignorance is bliss how come there aren't more happy people?)
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To: SeekAndFind

suicidal ping


21 posted on 03/02/2014 6:48:52 AM PST by maine yankee (I got my Governor at 'Marden's')
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To: Thermalseeker
Oh so typical American short term thinking

Short term thinking? How has gold done versus inflation over the last 200 years?

22 posted on 03/02/2014 6:49:53 AM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Toddsterpatriot

You do understand the difference between money and currency, right? Who fared best in the Wiemar Republic? Those with paper currency, or those who preserved their wealth with gold and silver? Gold and silver have been the world’s money for 6000 years. I think that pretty well trumps the past 200 years. Knowledge of history is the key to successfully navigating the future. When you talk about using gold and silver in this manner you’re talking about wealth preservation, not an investment strategy. Short term gains or losses are meaningless.


23 posted on 03/02/2014 7:20:24 AM PST by Thermalseeker (If ignorance is bliss how come there aren't more happy people?)
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To: Thermalseeker
When you talk about using gold and silver in this manner you’re talking about wealth preservation, not an investment strategy.

Wasn't very good preservation from 1980-1999. Or 2011 until today.

Short term gains or losses are meaningless.

Unless you need to sell some today.

24 posted on 03/02/2014 7:25:23 AM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: SeekAndFind

Why bankers, and not the leadership of the agencies which will be tasked with disarming us, the order givers?


25 posted on 03/02/2014 9:28:27 AM PST by JimRed (Excise the cancer before it kills us; feed & water the Tree of Liberty! TERM LIMITS NOW & FOREVER!)
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To: Toddsterpatriot

“Nope, sorry. They lend out less than deposits, not multiples of deposits.”

Ha, ha, funny! (suggest look-up “fractional reserve banking”)


26 posted on 03/02/2014 10:42:10 AM PST by Daffy
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To: Toddsterpatriot
While I don't pretend to be an expert, your statement is completely ludicrous. The FRS, while sold as an insurance scheme, quickly became a fractional repository. To put it plainly, if you can loan out 90% with a 10% deposit, what could you loan out if you deposited 90%.

It's not rocket science, and the actual amount of global currency held in derivatives is in the quadrillions. The purported 16 or 17 trillion US debt doesn't constitute a significant fraction of the liabilities in the market.

27 posted on 03/02/2014 11:02:34 AM PST by antidisestablishment (Islam delenda est)
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To: Daffy
Nope, sorry. They lend out less than deposits, not multiples of deposits.

Ha, ha, funny! (suggest look-up “fractional reserve banking”)

Good idea.

Okay, looked it up. It appears that when you have a bank with demand deposits, they only keep a fraction of the deposits in reserve, while they lend out the rest.

Since a fraction is less than multiples, it sounds like my original claim is correct.

28 posted on 03/02/2014 12:23:09 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: antidisestablishment
While I don't pretend to be an expert, your statement is completely ludicrous.

Which statement?

To put it plainly, if you can loan out 90% with a 10% deposit, what could you loan out if you deposited 90%.

You can loan out 90%, while holding 10% in reserve.

So a single $1000 deposit allows $900 in loans.

It's not rocket science, and the actual amount of global currency held in derivatives is in the quadrillions.

Derivatives are like options, currency is not "held in them".

The purported 16 or 17 trillion US debt doesn't constitute a significant fraction of the liabilities in the market.

Liabilities are offset, one for one, by assets. Not sure what you're trying to say.

29 posted on 03/02/2014 12:30:47 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Toddsterpatriot
What I'm saying is that the reserve is a farce. With a 90% deposit, you can loan 90% x 9, or 810%. The reserve calculation assumes 10% is the reserve, leaving 90% for operation, but the ratio stays the same when the deposit increases.

These liabilities are not tied to real properties or assets. All of the financial assets in history do not equal the liabilities in the markets today. They may be “backed” by paper, but there is little relation to physical assets. Do you not recall the Housing bubble, the Dot Con? Were these backed?

How do you think an infinite money supply can be backed? The past 10 years would be characterized as money laundering if anyone but the Fed did it. The banks and the Fed have colluded to print the stock market up without any reflective increase in earnings. How do we have a 0% interest rate in concert with inflation? Does that make any economic sense? How are banks able to finance these massive portfolios?

30 posted on 03/02/2014 3:05:02 PM PST by antidisestablishment (Islam delenda est)
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To: antidisestablishment
With a 90% deposit, you can loan 90% x 9, or 810%.

There are no 90% deposits.

There are only dollar deposits.

A $1000 deposit allows $900 in loans. Why is that a problem?

These liabilities are not tied to real properties or assets.

Which liabilities? Be specific.

All of the financial assets in history do not equal the liabilities in the markets today.

Every liability is someone elses asset.

31 posted on 03/02/2014 3:14:07 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: SeekAndFind

bttt


32 posted on 03/06/2014 8:43:15 PM PST by Pagey (HELL is The 2nd Term of a POTUS who uses the terms “social justice” and “fair distribution".)
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