Posted on 02/24/2014 6:17:24 PM PST by Nachum
The dismal trail of dead bankers continues. As The Journal Star reports, a successful Lincoln businessman and member of a prominent local family died last week. Former National Bank of Commerce CEO James Stuart Jr. was found dead in Scottsdale, Ariz., the morning of Feb. 19. A family spokesman did not say what caused the death. This brings the total of banker deaths in recent weeks to 9 as Stuart is sadly survived by three sons and four daughters.
Mr Stuart's background (via The Journal Star),
Stuart was a native of Lincoln and graduated from the University of Nebraska-Lincoln with a degree in Business Administration.
In 1969, Stuart joined Citibank in New York City and served as a loan officer until 1973, when he joined First Commerce Bancshares (then NBC Co.) as executive vice president. He was named president in 1976, chairman and CEO in 1978, and also became chairman and CEO of National Bank of Commerce in 1985. Stuart spent his life building the organization into an important business voice in Lincoln, friend and colleague Brad Korell said.
“He was a very successful banker,” said Korell, who worked with Stuart for more than 30 years. “I always felt that he was a visionary. He really did build one of the most successful and admired banking organizations in the Midwest.”
Stuart spent much of his career with First Commerce Bancsha
(Excerpt) Read more at zerohedge.com ...
Of course you can find a connection between bankers and bankers' scandals. Doesn't mean it's causative.
The latest figure I can find ON SUICIDE is 11.3 per 100,000 population.
More like the guy from Benson.
The bankers must be on to Obama’s plan to destroy the dollar, so they must be silenced at all cost.
I think the number of bankers at these guys level is closer to 10,000 than 100,000.
I wasn’t looking at seismic collapse in the banking industry, so much as total collapse of the US dollar.
Total collapse of the USD.
....and movie stars...
Heck, they have 100,000 VPs or above just at one large bank.
Corporate level?
Or
Local level?
These guys are corporate level dudes.
He was heavily invested in Bitcoins.
If your guess is correct, then the number of recent suicides is of concern because it is already approaching 10 times the statistical norm.
As for what will collapse, I would think that either would bring on the other.
They need to learn how to survive, i.e., trust no one.
This may seem white collar to banker, but they don’t know what they’re dealing with.
New world order plays for keeps; they are dead serious (obviously).
Thanks for post #15.
Banking is a very hazardous profession these days! I am glad I chose being an engineer working with energetic materials (explosives) instead.
Lol! Beat me to it!
:-)
Ah, might as well... Jump!
This one is tougher to include in the suicide rash. The guy didn’t wake up. He was 70 years old. I am not willing to include this on the list until further information comes out
IDK. If he was in New York or London or Hong Kong, I’d believe he was #9. But Lincoln Nebraska isn’t exactly the center of the financial world. Sometimes middle-aged guys do get heart attacks and strokes.
“He really did build one of the most successful and admired banking organizations....”
So did Bernie Madoff, until he got caught.
JPMorgan To Fire Thousands
http://www.zerohedge.com/news/2014-02-24/jpmorgan-fire-thousands
It turns out that they didn’t fire enough and/or that the housing market contraction was far worse than even the banks, in their most, pessimistic forecasts, had expected. Case in point: JPMorgan, which after firing 15,000 in its mortgage business, has just revealed it will fire thousands more.
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