SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : How Quickly Can Obama Totally Destroy the US? -- Ignore unavailable to you. Want to Upgrade?


To: MJ who wrote (12373)11/20/2014 12:37:40 PM
From: joseffy1 Recommendation

Recommended By
Taro

  Read Replies (1) | Respond to of 16547
 
48 suspicious banking deaths
...............................................................................................................
August 22, 2014
hangthebankers.com

Our advice is if JP Morgan offers you a job: politley decline. The list of top level bankers dying under suspicious circumstances has been growing rapidly in recent months.Whether these are genuine deaths or something more sinister one thing is for certain, banking is becoming one of the most dangerous industries to be involved in right now with an extremely high death per employee ratio.

The causes of death given for some of the bankers seems quite odd to say the least including one banker shooting himself 8 times with a nail gun and another being crushed to death by their own SUV.

With the global financial system heading towards a major crash in the near future are these people buckling under the pressure of what they see coming or are they being silenced because of what they know?

We can only assume it’s a little of both.

Here’s the list of top level bankers who have died recently:

DEAD (48)

July – Julian Knott, 45, JPMorgan Executive Director,Global Tier 3 Network Operations, SELF-INFLICTED GUNSHOT WOUND

June – Richard Gravino, 49, Application Team Lead, JP Morgan, SUDDEN DEATH cause unknown/pending

June – James McDonald – President & CEO of Rockefeller & Co – apparently self-inflicted, GUNSHOT WOUND

May – Thomas Schenkman, 42, Managing Director of Global Infrastructure, JP Morgan, SUDDEN DEATH, cause unknown/pending

May – Naseem Mubeen – Assistant Vice President ZBTL Bank, Islamabad, SUICIDE jumped

May – Daniel Leaf – senior manager at the Bank of Scotland/Saracen Fund Managers, FELL OFF A CLIFF

May – Nigel Sharvin – Senior Relationship Manager Ulster Bank manage portfolio of distressed businesses, ACCIDENTAL DROWNING

April – Lydia (no surname given) 52, France’s Bred-Banque-Populaire, SUICIDE jumped

April – Li Jianhua, 49, Non-bank Financial Institutions Supervision Department of the regulator, HEART ATTACK

April – Benedict Philippens, Director/Manager Bank Ans-Saint-Nicolas, SHOT

April – Tanji Dewberry – Assistant Vice President, Credit Suisse, HOUSE FIRE

April – Amir Kess, co-founder and managing director Markstone Capital Group private equity fund, CYCLIST HIT BY CAR

April – Juergen Frick, Bank Frick & Co. AG, SHOT

April – Jan Peter Schmittmann – former CEO of Dutch Bank ABN Amro, (Possibly suicide, SHOT)

April – Andrew Jarzyk – Assistant Vice President, Commercial Banking at PNC Financial Services Group, MISSING/DEAD

March – Mohamed Hamwi – System Analyst at Trepp, a financial data and analytics firm, SHOT

March – Joseph Giampapa – JP Morgan lawyer, CYCLIST HIT BY MINIVAN

March – Kenneth Bellandro, former JP Morgan, SUICIDE jumped

Feb – John Ruiz – Morgan Stanley Municipal Debt Analyst, died suddenly, NO CAUSE GIVEN

Feb – Jason Alan Salais, 34, Information Technology specialist at JPMorgan, FOUND DEAD outside a Walgreens pharmacy

Feb – ?Autumn Radtke, CEO of First Meta, a cyber-currency exchange firm, SUICIDE

Feb – James Stuart Jr, Former National Bank of Commerce CEO, FOUND DEAD

Feb – Edmund (Eddie) Reilly, trader at Midtown’s Vertical Group, SUICIDE

Feb – Li Junjie, JP Morgan, SUICIDE

Feb – Ryan Henry Crane, SUDDEN DEATH cause unknown

Feb – Richard Talley, UNKNOWN CAUSE

Jan – Gabriel Magee, SUICIDE

Jan – William ‘Bill’ Broeksmit, HUNG/POSSIBLE SUICIDE

Jan – Mike Dueker, SUDDEN DEATH cause unknown

Jan – Carl Slym, SUICIDE

Jan – Tim Dickenson, SUDDEN DEATH cause unknown

Dec 2013 – Robert Wilson, a retired hedge fund founder, apparent SUICIDE leaped to his death from his 16th floor residence

Dec 2013 – Joseph M. Ambrosio, age 34, Financial Analyst for J.P. Morgan, died suddenly from Acute Respiratory Syndrome

Dec 2013 – Benjamin Idim, CAR ACCIDENT

Dec 2013 – Susan Hewitt – Deutsche Bank, DROWNING

Nov 2013 – Patrick Sheehan, CAR ACCIDENT

Nov 2013 – Michael Anthony Turner, Career Banker, CAUSE UNKOWN

Nov 2013 – Venera Minakhmetova Former Financial Analyst at Bank of America Merrill Lynch, CYCLIST HIT

Oct 2013 – Michael Burdin, SUICIDE

Oct 2013 – Ezdehar Husainat – former JP Morgan banker, killed in FREAK ACCIDENT when her SUV crushed her to death

Sept 2013 – Guy Ratovondrahona -Madagascar central bank, Sudden death – cause not confirmed

Aug 2013 – Pierre Wauthier, SUICIDE

Aug 2013 – Moritz Erhardt, SUICIDE

July 2013 Hussain Najadi CEO of merchant bank AIAK Group, SHOT

July 2013 Carsten Schloter, SUICIDE

July 2013 Sascha Schornstein – RBS in its commodity finance, MISSING

April 2013 David William Waygood, SUICIDE

Mar 2013 – David Rossi – communications director of troubled Italian bank Monte dei Paschi di Siena (MPS), SUICIDE

LETHAL BUT NON FATAL (MORE THAN ONE WAY TO SKIN A BANKER)

Fang Fang – JP Morgan, China, DISGRACED

Nick Bagnall – Director at Bank of Tokyo-Mitsubishi, son accidentally killed himself while trying to re-enact a Tudor hanging

Robin Clark – RP Martin -Wolf of Shenfield City banker shot, SURVIVED

Kevin Bespolka – Citi Capital Advisors, Dresdner Bank, Merrill Lynch and Morgan Stanley, Seriously injured and son dead

Robert Wheeler, 49, a Deutsche Bank financial advisor, DISGRACED

Chris Latham – Bank of America, ON TRIAL, Murder for Hire

Igor Artamonov – West Siberian Bank of Sberbank, Daughter found dead (POSSIBLE SUICIDE)

Hector Sants, Barclays – resigned due to stress and exhaustion, after being told he risked more serious consequences to his health if he continued to work – a remarkable turnaround as the Church reportedly approached him two months later and was told he had made a full recovery,

POSSIBLY INTERESTING/MILDLY STRANGE

April 21st Bruce A. Schaal, 63, died suddenly Banker in Twin Lakes for 35 years

April 20th Keith Barnish 58, Died Suddenly (Still working as Senior Managing Director at Doral Financial Corporation. Previously Bear Stearns, Bank of America Senior Vice President

March 12th Jeffrey Corzine, 31, son of MF Global CEO and Chairman Jon Corzine involved in major banking crime was found dead in an apparent suicide.

Keiran Toman, 39, former banker who believed he was being stalked by a reality TV crew starved to death in a hotel room, an inquest heard today.
An inquest was opened after his death in July 2010 but his family asked for a second hearing as they were not informed. Police found all of Mr Toman’s possessions in the room, but despite documents mentioning his family, failed to tell them he had died.

Nicholas Austin, 49, A former bank manager from Hersden died after drinking antifreeze in an effort to get high. was found in a coma by his wife Lynn at their home in Blackthorne Road on October 5. He died the same day.



To: MJ who wrote (12373)11/20/2014 12:40:14 PM
From: joseffy  Respond to of 16547
 
Suspicious Deaths of Bankers Are Now Classified as “Trade Secrets” by Federal Regulator

By Pam Martens and Russ Martens: April 28, 2014

http://wallstreetonparade.com/2014/04/suspicious-deaths-of-bankers-are-now-classified-as-%E2%80%9Ctrade-secrets%E2%80%9D-by-federal-regulator/



(Left) JPMorgan's European Headquarters at 25 Bank Street, London Where Gabriel Magee Died on January 27 or January 28, 2014

It doesn’t get any more Orwellian than this: Wall Street mega banks crash the U.S. financial system in 2008. Hundreds of thousands of financial industry workers lose their jobs. Then, 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.”

According to the Centers for Disease Control and Prevention, the life expectancy of a 25 year old male with a Bachelor’s degree or higher as of 2006 was 81 years of age. But in the past five months, five highly educated JPMorgan male employees in their 30s and one former employee aged 28, have died under suspicious circumstances, including three of whom allegedly leaped off buildings – a statistical rarity even during the height of the financial crisis in 2008.

There is one other major obstacle to brushing away these deaths as random occurrences – they are not happening at JPMorgan’s closest peer bank – Citigroup. Both JPMorgan and Citigroup are global financial institutions with both commercial banking and investment banking operations. Their employee counts are similar – 260,000 employees for JPMorgan versus 251,000 for Citigroup.

Both JPMorgan and Citigroup also own massive amounts of bank-owned life insurance (BOLI), a controversial practice that pays the corporation when a current or former employee dies.

(In the case of former employees, the banks conduct regular “death sweeps” of public records using former employees’ Social Security numbers to learn if a former employee has died and then submits a request for payment of the death benefit to the insurance company.)


Wall Street On Parade carefully researched public death announcements over the past 12 months which named the decedent as a current or former employee of Citigroup or its commercial banking unit, Citibank. We found no data suggesting Citigroup was experiencing the same rash of deaths of young men in their 30s as JPMorgan Chase. Nor did we discover any press reports of leaps from buildings among Citigroup’s workers.

Given the above set of facts, on March 21 of this year, we wrote to the regulator of national banks, the Office of the Comptroller of the Currency (OCC), seeking the following information under the Freedom of Information Act (See OCC Response to Wall Street On Parade’s Request for Banker Death Information):

The number of deaths from 2008 through March 21, 2014 on which JPMorgan Chase collected death benefits; the total face amount of BOLI life insurance in force at JPMorgan; the total number of former and current employees of JPMorgan Chase who are insured under these policies; any peer studies showing the same data comparing JPMorgan Chase with Bank of America, Wells Fargo and Citigroup.

The OCC responded politely by letter dated April 18, after first calling a few days earlier to inform us that we would be getting nothing under the sunshine law request. (On Wall Street, sunshine routinely means dark curtain.) The OCC letter advised that documents relevant to our request were being withheld on the basis that they are “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,” or relate to “a record contained in or related to an examination.”

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?

As it turns out, one aspect of the information cavalierly denied to us by the OCC is publicly available to those willing to hunt for it. On March 24 of this year, we reported that JPMorgan Chase held $10.4 billion in BOLI assets at its insured depository bank as of December 31, 2013.

We reached out to BOLI expert, Michael D. Myers, to understand what JPMorgan’s $10.4 billion in BOLI assets at its commercial bank might represent in terms of face amount of life insurance on its workers. Myers said: “Without knowing the length of the investment or its rate of return, it is difficult to estimate the face amount of the insurance coverage. However, a cash value of $10.4 billion could easily translate into more than $100 billion in actual insurance coverage and possibly two or three times that amount” said Myers, a partner in the Houston, Texas law firm McClanahan Myers Espey, L.L.P.

Myers’ and his firm have represented the families of deceased employees for almost two decades in cases involving corporate-owned life insurance against employers such as Wal-Mart Stores, Inc., Fina Oil and Chemical Co., and American Greetings Corp. (Families may be entitled to the proceeds of these policies if employee consent was required under State law and was never given and/or if the corporation cannot show it had an “insurable interest” in the employee — a tough test to meet if it’s a non key employee or if the employee has left the firm.)

As it turns out, the $10.4 billion significantly understates the amount of money JPMorgan has tied up in seeking to profit from workers’ deaths. Since Wall Street banks are structured as holding companies, we decided to see what type of financial information might be available at the Federal Financial Institutions Examination Council (FFIEC), a federal interagency that promotes uniform reporting standards among banking regulators.

The FFIEC’s web site provided access to the consolidated financial statements of the bank holding companies of not just JPMorgan Chase but all of the largest Wall Street banks. We conducted our own peer review study with the information that was available.

Four of Wall Street’s largest banks hold a total of $68.1 billion in BOLI assets. Using Michael Myers’ approximate 10 to 1 ratio, that would mean that over time, just these four banks could potentially collect upwards of $681 billion in tax free income from life insurance proceeds on their current and former workers. (Death benefits are received tax free as is the buildup in cash value in the policies.) The breakdown in BOLI assets is as follows as of December 31, 2013:

Bank of America $22.7 billion

Wells Fargo 18.7 billion

JPMorgan Chase 17.9 billion

Citigroup 8.8 billion

In addition to specifics on the BOLI assets, the consolidated financial statements also showed what each bank was reporting as “Earnings on/increase in value of cash surrender value of life insurance” as of December 31, 2013. Those amounts are as follows:

Bank of America $625 million

Wells Fargo 566 million

JPMorgan Chase 686 million

Citigroup 0

Given the size of these numbers, there is another aspect to BOLI that should raise alarm bells among both regulators and shareholders. The Wall Street banks are using a process called “separate accounts” for large amounts of their BOLI assets with reports of some funds never actually leaving the bank and/or being invested in hedge funds, suggesting lessons from the past have not been learned.

On May 20, 2008, Bloomberg News reported that Wachovia Corp. (now owned by Wells Fargo) and Fifth Third Bancorp reported major losses on failed gambles with BOLI assets. “Wachovia reported a $315 million first-quarter loss in its bank-owned life insurance program, known as BOLI, because of investments in hedge funds managed by Citigroup Inc. Fifth Third said in a lawsuit filed last month that it had losses of $323 million from Citigroup’s Falcon funds, which slumped more than 50 percent in the past year as the subprime market collapsed.” Citigroup’s Falcon Strategies hedge fund had lost as much as 75 percent of its value by May 2008.

Following are the names and circumstances of the five young men in their 30s employed by JPMorgan who experienced sudden deaths since December along with the one former employee.

Joseph M. Ambrosio, age 34, of Sayreville, New Jersey, passed away on December 7, 2013 at Raritan Bay Medical Center, Perth Amboy, New Jersey. He was employed as a Financial Analyst for J.P. Morgan Chase in Menlo Park. On March 18, 2014, Wall Street On Parade learned from an immediate member of the family that Joseph M. Ambrosio died suddenly from Acute Respiratory Syndrome.

Jason Alan Salais, 34 years old, died December 15, 2013 outside a Walgreens inPearland, Texas. A family member confirmed that the cause of death was a heart attack. According to the LinkedIn profile for Salais, he was engaged in Client Technology Service “L3 Operate Support” and previously “FXO Operate L2 Support” at JPMorgan. Prior to joining JPMorgan in 2008, Salais had worked as a Client Software Technician at SunGard and a UNIX Systems Analyst at Logix Communications.

Gabriel Magee, 39, died on the evening of January 27, 2014 or the morning of January 28, 2014. Magee was discovered at approximately 8:02 a.m. lying on a 9th level rooftop at the Canary Wharf European headquarters of JPMorgan Chase at 25 Bank Street, London. His specific area of specialty at JPMorgan was “Technical architecture oversight for planning, development, and operation of systems for fixed income securities and interest rate derivatives.” A coroner’s inquest to determine the cause of death is scheduled for May 20, 2014 in London.

Ryan Crane, age 37, died February 3, 2014, at his home in Stamford, Connecticut. The Chief Medical Examiner’s office is still in the process of determining a cause of death. Crane was an Executive Director involved in trading at JPMorgan’s New York office. Crane’s death on February 3 was not reported by any major media until February 13, ten days later, when Bloomberg News ran a brief story.

Dennis Li (Junjie), 33 years old, died February 18, 2014 as a result of a purported fall from the 30-story Chater House office building in Hong Kong where JPMorgan occupied the upper floors. Li is reported to have been an accounting major who worked in the finance department of the bank.

Kenneth Bellando, age 28, was found outside his East Side Manhattan apartment building on March 12, 2014. The building from which Bellando allegedly jumped was only six stories – by no means ensuring that death would result. The young Bellando had previously worked for JPMorgan Chase as an analyst and was the brother of JPMorgan employee John Bellando, who was referenced in the Senate Permanent Subcommittee on Investigations’ report on how JPMorgan had hid losses and lied to regulators in the London Whale derivatives trading debacle that resulted in losses of at least $6.2 billion.

Related Articles:

Swiss Insurers and JPMorgan Have More than ‘Suicides’ in Common

A Rash of Deaths and a Missing Reporter — With Ties to Wall Street Investigations

Suspicious Death of JPMorgan Vice President, Gabriel Magee, Under Investigation in London

JPMorgan Vice President’s Death in London Shines a Light on the Bank’s Close Ties to the CIA

As Bank Deaths Continue to Shock, Documents Reveal JPMorgan Has Been Patenting Death Derivatives



To: MJ who wrote (12373)11/20/2014 12:42:37 PM
From: joseffy  Respond to of 16547
 
As Bank Deaths Continue to Shock, Documents Reveal JPMorgan Has Been Patenting Death Derivatives

By Pam Martens and Russ Martens: February 17, 2014

http://wallstreetonparade.com/2014/02/as-bank-deaths-continue-to-shock-documents-reveal-jpmorgan-has-been-patenting-death-derivatives/




The probability of two vibrant young men in their 30s who are employed by the same global bank but separated by an ocean dying within six days of each other is remote. And few companies are in as good a position to understand just how remote as is JPMorgan: since 2010, it has received four patents on quantifying longevity risks and structuring wagers via death derivatives.

The two deaths at JPMorgan remain unexplained. Gabriel Magee, a 39-year old technology Vice President was found dead on the 9th level rooftop of JPMorgan’s European headquarters at 25 Bank Street in the Canary Wharf section of London on January 28 of this year. A London coroner’s inquest is scheduled for May 15 to determine the cause of death. Six days later, Ryan Crane, a 37-year old Executive Director involved in trading at JPMorgan’s New York office was found dead at his Stamford, Connecticut home. Wall Street On Parade spoke with the Chief Medical Examiner’s office in Connecticut and was told the cause of death is “pending,” with final results expected in a few weeks.

Magee’s death was originally reported by London newspapers as a jump from the 33rd level rooftop of JPMorgan’s building with the strong implication that eyewitnesses had observed the jump. The London Evening Standard tweeted: “Bankers watch JP Morgan IT exec fall to his death from roof of London HQ,” which then linked to their article which said in its opening sentence that “A man plunged to his death from a Canary Wharf tower in front of thousands of horrified commuters today.”

When Wall Street On Parade contacted the Metropolitan Police in London a few days later, there was no assurance that even one eyewitness was on record as having seen Magee jump from the building.

Crane’s death is equally problematic. The death occurred on February 3 but the first major media to report it was Bloomberg News on February 13, ten days after the fact, and making no mention of Magee’s unexplained death just six days prior.

According to information available at the U.S. Patent and Trademark Office, JPMorgan created the LifeMetrics Index in March 2007 as an “international index designed to benchmark and trade longevity risk.” The index was said to enable pension plans to hedge the risk of payments to retirees and incorporated “historical and current statistics on mortality rates and life expectancy, across genders, ages, and nationalities.” From 2010 through 2013, JPMorgan has received patent approval on four longevity related patents.

Reuters reported on August 26, 2013 that the long-term longevity bets taken on by the big banks have now started to cause pain as international capital rules known as Basel III require more capital to be set aside for longer-dated positions. The article noted that “JPMorgan likely has the biggest holdings of long-dated swaps because it is the biggest swaps trader on Wall Street, responsible for about 30 percent of the market by some measures, traders at rival firms said.”

One extremely long longevity bet taken on by JPMorgan was reported by Insurance Risk on October 1, 2008. According to the publication, JPMorgan entered into a 40-year £500 million notional longevity swap with Canada Life whereby Canada Life would make a fixed annual payment in return for a floating liability-matching payment that would increase if the annuitants lived longer than expected. JPMorgan was believed to have passed on some of the risk to hedge fund investors but retained the counterparty risk. Because many of these deals are private, the full extent of JPMorgan’s exposure in this area is not known.

Wall Street veterans have also commented on the fact that JPMorgan may actually stand to profit from the early deaths of the two young men in their 30s. As we reported in March of last year, when the U.S. Senate’s Permanent Subcommittee on Investigations released its report on JPMorgan’s high risk bets known as the London Whale debacle, its Exhibit 81 showed that JPMorgan’s Chief Investment Office was also overseeing Bank Owned Life Insurance (BOLI) and Corporate Owned Life Insurance (COLI) plans which allow the corporation to reap huge tax benefits by taking out life insurance policies on workers – even low wage workers – and naming the corporation the beneficiary of the death benefit. Both the buildup in the policy and the benefit at death are received tax free to the corporation.

According to the exhibit, the Chief Investment Office was tasked with “Maximization of tax-advantaged investments of life insurance premiums” for the BOLI/COLI plans. According to a report in the Wall Street Journal in 2009, JPMorgan had $12 billion in BOLI, noting that a JPMorgan spokesperson had confirmed the figure. Other insurance industry experts put the total for both BOLI and COLI at JPMorgan significantly higher.

In September of last year, Risk Magazine reported that the Basel Committee on Banking Supervision, the International Organization of Securities Commissions and the International Association of Insurance Supervisors had published a report in August warning regulators that longevity swaps may expose banks to longevity tail risk – meaning, for example, that actual death rates in a given portfolio may vary dramatically from a large population index.

One advisor is quoted as follows in the article: “You can see from the position paper that this market has a lot of characteristics that regulators don’t like in terms of banks getting involved in it. It’s based on long-dated risks, upfront payments and a serious element of hubris in assuming that the banks can model these risks better than the people who originated them. It’s potentially a market big enough to cause serious problems if it caught on and went wrong.”

That things are starting to go seriously wrong was evident in a Bloomberg News report that emerged last Friday. AIG reported that it was taking a $971 million impairment charge before taxes for 2013 on its holdings of life settlement contracts because people were living longer than expected. AIG is the company that was bailed out by the U.S. taxpayer to the tune of $182 billion during the financial crisis because of bets gone wrong.

Related Article:

A Rash of Deaths and a Missing Reporter — With Ties to Wall Street Investigations



To: MJ who wrote (12373)11/20/2014 12:45:48 PM
From: joseffy  Respond to of 16547
 
Does The Trail Of Dead Bankers Lead Somewhere?
..................................................................................................................

Michael Snyder
Economic Collapse
February 19, 2014

What are we to make of this sudden rash of banker suicides? Does this trail of dead bankers lead somewhere? Or could it be just a coincidence that so many bankers have died in such close proximity? I will be perfectly honest and admit that I do not know what is going on. But there are some common themes that seem to link at least some of these deaths together. First of all, most of these men were in good health and in their prime working years.




Secondly, most of these “suicides” seem to have come out of nowhere and were a total surprise to their families. Thirdly, three of the dead bankers worked for JP Morgan. Fourthly, several of these individuals were either involved in foreign exchange trading or the trading of derivatives in some way. So when “ a foreign exchange trader” jumped to his death from the top of JP Morgan’s Hong Kong headquarters this morning, that definitely raised my eyebrows. These dead bankers are starting to pile up, and something definitely stinks about this whole thing.

What would cause a young man that is making really good money to jump off of a 30 story building? The following is how the South China Morning Post described the dramatic suicide of 33-year-old Li Jie…

An investment banker at JP Morgan jumped to his death from the roof of the bank’s headquarters in Central yesterday.

Witnesses said the man went to the roof of the 30-storey Chater House in the heart of Hong Kong’s central business district and, despite attempts to talk him down, jumped to his death.

If this was just an isolated incident, nobody would really take notice.

But this is now the 7th suspicious banker death that we have witnessed in just the past few weeks

- On January 26, former Deutsche Bank executive Broeksmit was found dead at his South Kensington home after police responded to reports of a man found hanging at a house. According to reports, Broeksmit had “close ties to co-chief executive Anshu Jain.”

- Gabriel Magee, a 39-year-old senior manager at JP Morgan’s European headquarters, jumped 500ft from the top of the bank’s headquarters in central London on January 27, landing on an adjacent 9 story roof.

- Mike Dueker, the chief economist at Russell Investments, fell down a 50 foot embankment in what police are describing as a suicide. He was reported missing on January 29 by friends, who said he had been “having problems at work.”

- Richard Talley, 57, founder of American Title Services in Centennial, Colorado, was also found dead earlier this month after apparently shooting himself with a nail gun.

- 37-year-old JP Morgan executive director Ryan Henry Crane died last week.

- Tim Dickenson, a U.K.-based communications director at Swiss Re AG, also died last month, although the circumstances surrounding his death are still unknown.

So did all of those men actually kill themselves?

Well, there is reason to believe that at least some of those deaths may not have been suicides after all.

For example, before throwing himself off of JP Morgan’s headquarters in London, Gabriel Magee had actually made plans for later that evening

There was no indication Magee was going to kill himself at all. In fact, Magee’s girlfriend had received an email from him the night before saying he was finishing up work and would be home soon.

And 57-year-old Richard Talley was found “ with eight nail gun wounds to his torso and head” in his own garage.

How in the world was he able to accomplish that?

Like I said, something really stinks about all of this.

Meanwhile, things continue to deteriorate financially around the globe. Just consider some of the things that have happened in the last 48 hours…

-According to the Bangkok Post, people are “stampeding to yank their deposits out of banks” in Thailand right now.

-Venezuela is coming apart at the seams. Just check out the photos in this article.

-The unemployment rate in South Africa is above 24 percent.

-Ukraine is on the verge of total collapse

Three weeks of uneasy truce between the Ukrainian government and Western-oriented protesters ended Tuesday with an outburst of violence in which at least three people were killed, prompting a warning from authorities of a crackdown to restore order. Protesters outside the Ukrainian parliament hurled broken bricks and Molotov cocktails at police, who responded with stun grenades and rubber bullets.

-This week we learned that the level of bad loans in Spain has risen to a new all-time high of 13.6 percent.

-China is starting to quietly sell off U.S. debt. Already, Chinese U.S. Treasury holdings are down to their lowest level in almost a year.

-During the 4th quarter of 2013, U.S. consumer debt rose at the fastest pace since 2007.

-U.S. homebuilder confidence just experienced the largest one month decline ever recorded.

-George Soros has doubled his bet that the S&P 500 is going to crash. His total bet is now up to about $1,300,000,000.

For many more signs of financial trouble all over the planet, please see my previous article entitled “ 20 Signs That The Global Economic Crisis Is Starting To Catch Fire“.

Could some of these deaths have something to do with this emerging financial crisis?

That is a very good question.

Once again, I will be the first one to admit that I simply do not know why so many bankers are dying.

But one thing is for certain – dead bankers don’t talk.

Everyone knows that there is a massive amount of corruption in our banking system. If the truth about all of this corruption was to ever actually come out and justice was actually served, we would see a huge wave of very important people go to prison.

In addition, it is an open secret that Wall Street has been transformed into the largest casino in the history of the world over the past several decades. Our big banks have become more reckless than ever, and trillions of dollars are riding on the decisions that are being made every day. In such an environment, it is expected that you will be loyal to the firm that you work for and that you will keep your mouth shut about the secrets that you know.

In the final analysis, there is really not that much difference between how mobsters operate and how Wall Street operates.

If you cross the line, you may end up paying a very great price.

infowars.com