Banker's deaths

[Magda Hassan]

Another "Successful Banker" Found Dead

Submitted by Tyler Durden on 02/24/2014 21:04 -0500

• Citibank
  
• Deutsche Bank
  
• Hong Kong
  
• NBC
  
• New York City
  
• Tata
  
• Wells Fargo
  

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 Bancshares, a $3 billion multi-bank holding company headquartered in Lincoln. First Commerce was sold to Wells Fargo in 2000.

He is a former member of the Nebraska Game and Parks Commission and was appointed by Gov. Dave Heineman to the board of the Nebraska Environmental Trust in 2008. Stuart was also involved with natural resources-related groups such as Nature Conservancy, Ducks Unlimited and U.S. National Forest Foundation.

He served on the international board of the Juvenile Diabetes Foundation and the boards of the University of Nebraska Foundation and Nebraska Wesleyan University.

According to Korell, Stuart was living in Scottsdale, overlooking his family's financial investments, as well as golfing and fishing.

Which brings the total number of recent banker deaths to 9 (via Intellihub):
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 just a few weeks ago. No details have been released about his death aside from this small obituary announcement at the Stamford Daily Voice.
8 - Li Junjie, 33-year-old banker in Hong Kong jumped from the JP Morgan HQ in Hong Kong this week.
http://www.zerohedge.com/news/2014-02-24...found-dead

[Dawn Meredith]

NINE! Of course this guy could have died from natural causes. But the fact that the family won't give the cause raises the issue of "suicide".

Is ANY MSM touching this???

Dawn

[Peter Lemkin]

Trader kills self in finance world's latest suicide

By Michael Gray
March 12, 2014 | 5:45pm





A Long Island Rail Road train pulls into the Jamaica station. A Manhattan trader committed suicide by leaping in front of a different train near Syosset Tuesday.

A Manhattan trader was killed Tuesday morning by a speeding Long Island Rail Road commuter train, marking at least the seventh suicide of a financial professional this year.
Edmund (Eddie) Reilly, 47, a trader at Midtown's Vertical Group, jumped in front of an LIRR train at 6 a.m. near the Syosset train station.
He was declared dead at the scene.
Reilly's identity was confirmed by Salvatore Arena, an LIRR spokesperson, who said an investigation into the incident was continuing.
Passengers on the west-bound express train told MTA investigators they saw a man standing by the tracks before he jumped in front of the train, Arena said.
"Eddie was a great guy," Rob Schaffer, a managing director at Vertical, told The Post in an email. "We are very upset and he will be deeply missed."
The divorced father of three had rented a house around the corner from his ex-wife, Michelle Reilly, in East Norwich, NY.
One family friend, who said he spoke to the trader on Sunday, told The Post that Reilly "didn't look good."
Separately:
■  Autumn Radtke, the CEO of First Meta, a cyber-currency exchange firm, was found dead on Feb. 28 outside her Singapore apartment. The 28-year-old American, who worked for Apple and other Silicon Valley tech firms prior to founding First Meta, jumped from a 25-story building, authorities said.
■  On Feb. 18, a 33-year-old JPMorgan finance pro leaped to his death from the roof of the company's 30-story Hong Kong office tower, authorities said. Li Junjie's suicide marked the third mysterious death of a JPMorgan banker. So far, there is no known link between any of the deaths.
■  Gabriel Magee, 39, a vice president with JPMorgan's corporate and investment bank technology arm in the UK, jumped to his death from the roof of the bank's 33-story Canary Wharf tower in London on Jan. 28.
■  On Feb. 3, Ryan Henry Crane, 37, a JPM executive director who worked in New York, was found dead inside his Stamford, Conn., home. A cause of death in Crane's case has yet to be determined as authorities await a toxicology report, a spokesperson for the Stamford Police Department said.
■  On Jan. 31, Mike Dueker, chief economist at Russell Investments and a former Federal Reserve bank economist, was found dead at the side of a road that leads to the Tacoma Narrows Bridge in Washington state, according to the Pierce County Sheriff's Department. He was 50.
â–  On Jan. 26, William Broeksmit, 58, a former senior risk manager at Deutsche Bank, was found hanged in a house in South Kensington, according to London police.

[Lauren Johnson]

@33 list does not include the guy who committed suicide with 8 shots from a nail gun to the head and torso. ::

[Peter Lemkin]

@33 list does not include the guy who committed suicide with 8 shots from a nail gun to the head and torso. ::

No, our list is more comprehensive...and I'm sure it won't end 'here'....they're dropping like flies......

[Magda Hassan]

A 28-year old Manhattan investment banker has died after an apparent suicide, police sources said.
Kenneth Bellando, who worked at Levy Capital since January, was found dead on the sidewalk outside his East Side building on March 12, after allegedly jumping from the sixth-story roof, sources said.
Bellando, a former investment bank analyst at JPMorgan, is the son of John Bellando, chief operating officer and chief financial officer at Condé Nast. His brother, John, a top Chief Investment Officer with JPMorgan, works on risk exposure valuations.
Several John Bellando emails were cited during testimony at the Senate Finance committee's inquiry into the bank's losses during the infamous London Whale trade fiasco.
Kenneth Bellando who grew up in Rockville Center, LI and was a Georgetown graduate worked as a summer analyst at JPMorgan while in school. Upon graduation in 2007, he was hired as an investment bank analyst and worked there for one year before moving on, according to his LinkedIn page.
The investment banker then went to Paragon Capital Partners, according to his LinkedIn page, until leaving at the end of 2013.
Bellando becomes the eighth suicide of a financial professional this year and the third death in as many weeks.
Additional reporting by Dana Sauchelli
http://nypost.com/2014/03/17/investment-...his-death/

[Magda Hassan]

In the final week of January 2014 two current executives and one retired top level executive of major financial firms were found dead. Both media and police quickly tagged the deaths as likely suicides. Missing from the reports is the striking fact that all three of the financial firms that the executives worked for are under investigation for possibly momentous financial fraud.
The deaths began on Sunday, January 26. London police reported that William Broeksmit, a top executive at Deutsche Bank who retired in 2013, was found hanged at his residence in South London. The next day, Eric Ben-Artzi, a former risk analyst turned whistleblower at Deutsche Bank, was scheduled to speak at Auburn University in Alabama on his assertions that Deutsche had hid $12 billion in losses during the financial crisis with the knowledge of senior executives. Two other whistleblowers at Deutsche brought similar charges.
Deutsche Bank is also under investigation by global regulators for rigging foreign exchange markets. In 2013 Deutsche settled charges of rigging the Libor interest rate.
Two days after Broeksmit's death, 39-year old Gabriel Magee, a Vice President at JPMorgan in London, fell from the roof of the bank's 33-story European headquarters. Magee was involved in "Technical architecture oversight for planning, development, and operation of systems for fixed income securities and interest rate derivatives."
JPMorgan is under the same global investigation for potentially manipulating foreign exchange rates. The firm is also apparently under an investigation by the U.S. Senate's Permanent Subcommittee on Investigations for its involvement in potential misconduct in physical commodities markets.
One day after Magee's death, on Wednesday, January 29, 2014, 50-year old Michael Dueker, Chief Economist at Russell Investments, reportedly died from a 50-foot fall from a highway ramp down an embankment in Washington state.
Sources:
Pam Martens, "A Rash of Deaths and a Missing ReporterWith Ties to Wall Street Investigations," Wall Street on Parade, February 4, 2014, http://wallstreetonparade.com/2014/02/a-...tigations/.
Pam Martens, "Suspicious Death of JPMorgan Vice President, Gabriel Magee, Under Investigation in London," Wall Street on Parade, February 9, 2014, http://wallstreetonparade.com/2014/02/su...in-london/.
Pam Martens, "JPMorgan Vice President's Death in London Shines a Light on the Bank's Close Ties to the CIA," Wall Street on Parade, February 12, 2014, http://wallstreetonparade.com/2014/02/jpmorgan-vice-president's-death-in-london-shines-a-light-on-the-bank's-close-ties-to-the-cia/.
Student Researcher: Alexandra J. Johnson (Florida Atlantic University)
Faculty Evaluator: James F. Tracy (Florida Atlantic University)
http://www.projectcensored.org/mysteriou...c08f6be29b

[Peter Lemkin]

In the final week of January 2014 two current executives and one retired top level executive of major financial firms were found dead. Both media and police quickly tagged the deaths as likely suicides. Missing from the reports is the striking fact that all three of the financial firms that the executives worked for are under investigation for possibly momentous financial fraud.
The deaths began on Sunday, January 26. London police reported that William Broeksmit, a top executive at Deutsche Bank who retired in 2013, was found hanged at his residence in South London. The next day, Eric Ben-Artzi, a former risk analyst turned whistleblower at Deutsche Bank, was scheduled to speak at Auburn University in Alabama on his assertions that Deutsche had hid $12 billion in losses during the financial crisis with the knowledge of senior executives. Two other whistleblowers at Deutsche brought similar charges.
Deutsche Bank is also under investigation by global regulators for rigging foreign exchange markets. In 2013 Deutsche settled charges of rigging the Libor interest rate.
Two days after Broeksmit's death, 39-year old Gabriel Magee, a Vice President at JPMorgan in London, fell from the roof of the bank's 33-story European headquarters. Magee was involved in "Technical architecture oversight for planning, development, and operation of systems for fixed income securities and interest rate derivatives."
JPMorgan is under the same global investigation for potentially manipulating foreign exchange rates. The firm is also apparently under an investigation by the U.S. Senate's Permanent Subcommittee on Investigations for its involvement in potential misconduct in physical commodities markets.
One day after Magee's death, on Wednesday, January 29, 2014, 50-year old Michael Dueker, Chief Economist at Russell Investments, reportedly died from a 50-foot fall from a highway ramp down an embankment in Washington state.
Sources:
Pam Martens, "A Rash of Deaths and a Missing ReporterWith Ties to Wall Street Investigations," Wall Street on Parade, February 4, 2014, http://wallstreetonparade.com/2014/02/a-...tigations/.
Pam Martens, "Suspicious Death of JPMorgan Vice President, Gabriel Magee, Under Investigation in London," Wall Street on Parade, February 9, 2014, http://wallstreetonparade.com/2014/02/su...in-london/.
Pam Martens, "JPMorgan Vice President's Death in London Shines a Light on the Bank's Close Ties to the CIA," Wall Street on Parade, February 12, 2014, http://wallstreetonparade.com/2014/02/jpmorgan-vice-president's-death-in-london-shines-a-light-on-the-bank's-close-ties-to-the-cia/.
Student Researcher: Alexandra J. Johnson (Florida Atlantic University)
Faculty Evaluator: James F. Tracy (Florida Atlantic University)
http://www.projectcensored.org/mysteriou...c08f6be29b

While some of these men could have committed suicide to avoid their involvement in scandalous and illegal financial dealings, or even one or two for personal reasons, I think it much more likely they were 'pushed'. it is a rare event that underlings in financial institutions are responsible for the crimes of the bank/financial organization - much more likely their bosses at the top will take the 'fall' - unless unwanted witnesses are eliminated. Sadly, the police and investigative bodies seem to be ignoring [likely on purpose] these events - both individually and collectively. One hears almost nothing from the families or colleagues - if these men were tense and upset, or fearful, etc. The assumption that dead people commit suicide almost all the time, rather than are murdered in a way that mimics suicide, sadly, is par for the course. No doubt, it is not lost on the others at their level to keep what they know a secret...or you just might slip from a high place. Business as usual.

[David Guyatt]

In the final week of January 2014 two current executives and one retired top level executive of major financial firms were found dead. Both media and police quickly tagged the deaths as likely suicides. Missing from the reports is the striking fact that all three of the financial firms that the executives worked for are under investigation for possibly momentous financial fraud.
The deaths began on Sunday, January 26. London police reported that William Broeksmit, a top executive at Deutsche Bank who retired in 2013, was found hanged at his residence in South London. The next day, Eric Ben-Artzi, a former risk analyst turned whistleblower at Deutsche Bank, was scheduled to speak at Auburn University in Alabama on his assertions that Deutsche had hid $12 billion in losses during the financial crisis with the knowledge of senior executives. Two other whistleblowers at Deutsche brought similar charges.
Deutsche Bank is also under investigation by global regulators for rigging foreign exchange markets. In 2013 Deutsche settled charges of rigging the Libor interest rate.
Two days after Broeksmit's death, 39-year old Gabriel Magee, a Vice President at JPMorgan in London, fell from the roof of the bank's 33-story European headquarters. Magee was involved in "Technical architecture oversight for planning, development, and operation of systems for fixed income securities and interest rate derivatives."
JPMorgan is under the same global investigation for potentially manipulating foreign exchange rates. The firm is also apparently under an investigation by the U.S. Senate's Permanent Subcommittee on Investigations for its involvement in potential misconduct in physical commodities markets.
One day after Magee's death, on Wednesday, January 29, 2014, 50-year old Michael Dueker, Chief Economist at Russell Investments, reportedly died from a 50-foot fall from a highway ramp down an embankment in Washington state.
Sources:
Pam Martens, "A Rash of Deaths and a Missing ReporterWith Ties to Wall Street Investigations," Wall Street on Parade, February 4, 2014, http://wallstreetonparade.com/2014/02/a-...tigations/.
Pam Martens, "Suspicious Death of JPMorgan Vice President, Gabriel Magee, Under Investigation in London," Wall Street on Parade, February 9, 2014, http://wallstreetonparade.com/2014/02/su...in-london/.
Pam Martens, "JPMorgan Vice President's Death in London Shines a Light on the Bank's Close Ties to the CIA," Wall Street on Parade, February 12, 2014, http://wallstreetonparade.com/2014/02/jpmorgan-vice-president's-death-in-london-shines-a-light-on-the-bank's-close-ties-to-the-cia/.
Student Researcher: Alexandra J. Johnson (Florida Atlantic University)
Faculty Evaluator: James F. Tracy (Florida Atlantic University)
http://www.projectcensored.org/mysteriou...c08f6be29b

While some of these men could have committed suicide to avoid their involvement in scandalous and illegal financial dealings, or even one or two for personal reasons, I think it much more likely they were 'pushed'. it is a rare event that underlings in financial institutions are responsible for the crimes of the bank/financial organization - much more likely their bosses at the top will take the 'fall' - unless unwanted witnesses are eliminated. Sadly, the police and investigative bodies seem to be ignoring [likely on purpose] these events - both individually and collectively. One hears almost nothing from the families or colleagues - if these men were tense and upset, or fearful, etc. The assumption that dead people commit suicide almost all the time, rather than are murdered in a way that mimics suicide, sadly, is par for the course. No doubt, it is not lost on the others at their level to keep what they know a secret...or you just might slip from a high place. Business as usual.

My instinct also is that these are not suicides but more likely to be part of an active international cover-up. But if that is the case it begs the question who is doing the covering up?

And in view of the myriad market fixing that we now know about, what does this tell us of the banking sector in general? Has crookedness become a "necessary evil" in order to survive - if not prosper?

[Peter Lemkin]

In the final week of January 2014 two current executives and one retired top level executive of major financial firms were found dead. Both media and police quickly tagged the deaths as likely suicides. Missing from the reports is the striking fact that all three of the financial firms that the executives worked for are under investigation for possibly momentous financial fraud.
The deaths began on Sunday, January 26. London police reported that William Broeksmit, a top executive at Deutsche Bank who retired in 2013, was found hanged at his residence in South London. The next day, Eric Ben-Artzi, a former risk analyst turned whistleblower at Deutsche Bank, was scheduled to speak at Auburn University in Alabama on his assertions that Deutsche had hid $12 billion in losses during the financial crisis with the knowledge of senior executives. Two other whistleblowers at Deutsche brought similar charges.
Deutsche Bank is also under investigation by global regulators for rigging foreign exchange markets. In 2013 Deutsche settled charges of rigging the Libor interest rate.
Two days after Broeksmit's death, 39-year old Gabriel Magee, a Vice President at JPMorgan in London, fell from the roof of the bank's 33-story European headquarters. Magee was involved in "Technical architecture oversight for planning, development, and operation of systems for fixed income securities and interest rate derivatives."
JPMorgan is under the same global investigation for potentially manipulating foreign exchange rates. The firm is also apparently under an investigation by the U.S. Senate's Permanent Subcommittee on Investigations for its involvement in potential misconduct in physical commodities markets.
One day after Magee's death, on Wednesday, January 29, 2014, 50-year old Michael Dueker, Chief Economist at Russell Investments, reportedly died from a 50-foot fall from a highway ramp down an embankment in Washington state.
Sources:
Pam Martens, "A Rash of Deaths and a Missing ReporterWith Ties to Wall Street Investigations," Wall Street on Parade, February 4, 2014, http://wallstreetonparade.com/2014/02/a-...tigations/.
Pam Martens, "Suspicious Death of JPMorgan Vice President, Gabriel Magee, Under Investigation in London," Wall Street on Parade, February 9, 2014, http://wallstreetonparade.com/2014/02/su...in-london/.
Pam Martens, "JPMorgan Vice President's Death in London Shines a Light on the Bank's Close Ties to the CIA," Wall Street on Parade, February 12, 2014, http://wallstreetonparade.com/2014/02/jpmorgan-vice-president's-death-in-london-shines-a-light-on-the-bank's-close-ties-to-the-cia/.
Student Researcher: Alexandra J. Johnson (Florida Atlantic University)
Faculty Evaluator: James F. Tracy (Florida Atlantic University)
http://www.projectcensored.org/mysteriou...c08f6be29b

While some of these men could have committed suicide to avoid their involvement in scandalous and illegal financial dealings, or even one or two for personal reasons, I think it much more likely they were 'pushed'. it is a rare event that underlings in financial institutions are responsible for the crimes of the bank/financial organization - much more likely their bosses at the top will take the 'fall' - unless unwanted witnesses are eliminated. Sadly, the police and investigative bodies seem to be ignoring [likely on purpose] these events - both individually and collectively. One hears almost nothing from the families or colleagues - if these men were tense and upset, or fearful, etc. The assumption that dead people commit suicide almost all the time, rather than are murdered in a way that mimics suicide, sadly, is par for the course. No doubt, it is not lost on the others at their level to keep what they know a secret...or you just might slip from a high place. Business as usual.

My instinct also is that these are not suicides but more likely to be part of an active international cover-up. But if that is the case it begs the question who is doing the covering up?

And in view of the myriad market fixing that we now know about, what does this tell us of the banking sector in general? Has crookedness become a "necessary evil" in order to survive - if not prosper?

Dave, the only word I found slightly 'out of place' was the word 'become'.....I view crookedness in banking as long the 'gold-standard' mode of conduct...perhaps it is only slightly more so at this time (as was the during the age of the robber-barons, during the big financial 'crashes', and in the midst of [or fomenting] wars). As we have discussed before, the uber-rich seem to realize the end is near and are all cashing in their 'chips' or making quick last-minute robberies of the Planet.