A rash of banker deaths and a missing reporter – with ties to Wall Street investigations

Carl_Levin

http://wallstreetonparade.com/2014/02/a-rash-of-deaths-and-a-missing-reporter-%E2%80%93-with-ties-to-wall-street-investigations/

In a span of four days last week, two current executives and one recently retired top ranking executive of major financial firms were found dead. Both media and police have been quick to label the deaths as likely suicides. Missing from the reports is the salient fact that all three of the financial firms the executives worked for are under investigation for potentially serious financial fraud.

The deaths began on Sunday, January 26. London police reported that William Broeksmit, a top executive at Deutsche Bank who had retired in 2013, had been found hanged in his home in the South Kensington section of London. The day after Broeksmit was pronounced dead, Eric Ben-Artzi, a former risk analyst turned whistleblower at Deutsche Bank, was scheduled to speak at Auburn University in Alabama on his allegations that Deutsche had hid $12 billion in losses during the financial crisis with the knowledge of senior executives. Two other whistleblowers have brought similar charges against Deutsche Bank.

Deutsche Bank is also under investigation by global regulators for potentially rigging the foreign exchange markets – an action similar to the charges it settled in 2013 over its traders’ involvement in the rigging of the interest rate benchmark, Libor.

Just two days after Broeksmit’s death, on Tuesday, January 28, a 39-year old American, Gabriel Magee, a Vice President at JPMorgan in London, plunged to his death from the roof of the 33-story European headquarters of JPMorgan in Canary Wharf. According to Magee’s LinkedIn profile, he was involved in “Technical architecture oversight for planning, development, and operation of systems for fixed income securities and interest rate derivatives.”

Magee’s parents, Bill and Nell Magee, are not buying the official story according to press reports and are planning to travel from the United States to London to get at the truth. One of their key issues, which should also trouble the police, is how an employee obtains access to the rooftop of one of the mostly highly secure buildings in London.

Nell Magee was quoted in the London Evening Standard saying her son was “a happy person who was happy with his life.” His friends are equally mystified, stating he was in a happy, long-term relationship with a girlfriend.

JPMorgan is under the same global investigation for potential involvement in rigging foreign exchange rates as is Deutsche Bank. The firm is also said to be under an investigation by the U.S. Senate’s Permanent Subcommittee on Investigations for its involvement in potential misconduct in physical commodities markets in the U.S. and London.

One day after Magee’s death, on Wednesday, January 29, 2014, 50-year old Michael (Mike) Dueker, the Chief Economist at Russell Investments, is said to have died from a 50-foot fall from a highway ramp down an embankment in Washington state. Again, suicide is being presented by media as the likely cause. (Do people holding Ph.D.s really attempt suicide by jumping 50 feet?)

According to Dueker’s official bio, prior to joining Russell Investments, he was an assistant vice president and research economist at the Federal Reserve Bank of St. Louis from 1991 to 2008. His duties there included serving as an associate editor of the Journal of Business and Economic Statistics. He also was editor of Monetary Trends, a monthly publication of the St. Louis Fed.

Bloomberg News quotes William Poole, former President of the St. Louis Fed from 1998 to 2008, saying “Everyone respected his professional skills and good sense.”

According to a report in the New York Times in November of last year, Russell Investments was one of a number of firms that received subpoenas from New York State regulators who are probing the potential for pay-to-play schemes involving pension funds based in New York. No allegations of wrongdoing have been made against Russell Investments in the matter.

The case of David Bird, the oil markets reporter who had worked at the Wall Street Journal for 20 years and vanished without a trace on the afternoon of January 11, has this in common with the other three tragedies: his work involves a commodities market – oil – which is under investigation by the U.S. Senate’s Permanent Subcommittee on Investigations for possible manipulation. The FBI is involved in the Bird investigation.

Bird left his Long Hill, New Jersey home on that Saturday, telling his wife he was going for a walk. An intentional disappearance is incompatible with the fact that he left the house wearing a bright red jacket and without his life-sustaining medicine he was required to take daily as a result of a liver transplant. Despite a continuous search since his disappearance by hundreds of volunteers, local law enforcement and the FBI, Bird has not been located.

When a series of tragic events involving one industry occur within an 18-day timeframe, the statistical probability of these events being random is remote. According to a number of media reports, JPMorgan is conducting an internal investigation of the death of Gabriel Magee. Given that JPMorgan, Deutsche Bank and Russell Investments are subjects themselves of investigations, a more serious, independent look at these deaths is called for.

http://rt.com/business/russell-investments-chief-economist-dead-564/

The apparent suicide death of the chief economist of a US investment house brings the number of financial workers who have died allegedly by their own hand to four in the last week.

Dueker’s apparent suicide was the fourth among financial experts in a week.

A 58-year-old former senior executive at Deutsche Bank AG, William Broeksmit, was found dead on January 26 in his home after an apparent suicide in South Kensington in central London.

The next day, January 27, Tata Motors managing director Karl Slym, 51, was found dead on the fourth floor of the Shangri-La hotel in Bangkok. Police said he could have committed suicide. Mr. Slym was staying on a 22th floor with his wife, and was attending a board meeting in the Thai capital.

Another tragic incident occurred on January 28, when a 39-year-old Gabriel Magee, a JP Morgan employee, died after falling from the roof of its European headquarters in London.

———–

thanks to rev17 for the link..

i started to see these deaths over the last 2 weeks and im not sure what attracted me to them but something seemed to stink..it looks my sense of smell was on the money..read the article…a rash of suicides in the banking game is usually a sign that some S is HTF..and i dont trust levin..

“When a series of tragic events involving one industry occur within an 18-day timeframe, the statistical probability of these events being random is remote.”

what is being uncovered by the investigation? futures/derivative manipulation of some sort i would expect..

401

~ by seeker401 on February 5, 2014.

31 Responses to “A rash of banker deaths and a missing reporter – with ties to Wall Street investigations”

  1. Reblogged this on Spartan of Truth.

  2. A tinge of conscience from our usurious friends?

    Very interesting story. Feels like a movie plot.

  3. Reblogged this on Giftoftruth United.

  4. Are any of these deaths/suicides/disappearances related to the recent chatroom revelations about the criminality of the Bank of England and the fixing of currency transactions?

  5. allegedly 20 dead now!

  6. Second JPMorgan Banker Jumps To His Death: Said To Be 33 Year Old Hong Kong FX Trader

    http://www.zerohedge.com/news/2014-02-18/third-jpmorgan-banker-jumps-his-death-hong-kong-said-be-33-year-old-fx-trader

      • if you like her voice you may like missy higgins from australia..great voice..very soothing..

      • That is very beautiful; ty, I had not heard of her before. She has a lovely voice & truly excellent timing, and the lyric content is just superb. I like music from pretty much all times and places and styles but my favorites are always the ones with something memorable in the lyrics or vocal style, everything from Annwyn to Ralph Stanley to Anuradha Paudwal.
        I had not actually heard of Kaki King before her work with the Mountain Goats. John Darnielle does not have a pretty voice, but he has such an excellent delivery, and he is really funny, even funnier live; I just love his writing, weird and morbid and incisive all at once.

      • they can keep lorde and lana..we have missy! :)

      • Does that mean I have to keep Lady Gaga and Miley Cyrus? :(
        Can we at least deport Justin Bieber back to Canada?

      • bieber wont see 30 imo..miley probably the same..sorry..your stuck with them!

    • thanks rev17..its like the gift that keeps giving this spate of “suicides”..

  7. http://www.cryptogon.com/?p=43338
    “New York: Investment Banker Found Dead on Sidewalk Outside East Side Apartment Building”
    Another former JPM (next to Paragon Capital then to Levy Capital where he worked lastly); brother still JPM, father Condé Nast; brother or father (not sure which, both named John) had emails used in senate finance committee testimony re- London Whale

  8. 2 more dead bankers (including family of one of them) and a cia official:
    http://www.bloomberg.com/news/2014-04-05/former-abn-banker-schmittmann-wife-daughter-found-dead-at-home.html
    http://www.zerohedge.com/news/2014-04-07/ceo-liechtenstein-bank-frick-murdered
    http://freebeacon.com/national-security/cia-official-dies-in-apparent-suicide/
    Still no name after sevl days on the spook

  9. Not exactly the same topic, but maybe somehow related?
    http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140414000027&cid=1103
    “China reports ‘unnatural deaths’ of 54 officials
    At least 54 Chinese officials have died from “unnatural deaths” between Jan. 1, 2013, and April 10, 2014, of which 23, or 42.6%, committed suicide, followed by deaths due to overdrinking, reports China Youth Daily, the official paper of the Communist Youth League of China.
    On April 7, police in Chongqing in southwest China confirmed that Zhou Yu, head of the Yuzhong district’s Economic Crimes Investigation Team, committed suicide in a hotel on April 4. Yu was once hailed as a hero for his contribution in cracking down on gangster activities in Chongqing, the paper said….”

    It just gets weirder

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