Not too long ago Matt Drudge, famous for The Drudge Report, issued a cryptic forewarning; “Have an exit plan!” This mysterious warning first aired from Twitter on January 24th, 2014. Shortly after, on January 28th, 2014, a rash of banker suicides began to appear as headlines across papers, both nationally and internationally. Since Drudge issued this four word warning, a total of seven different bankers have met an early, unexpected demise.
In conjunction with this increase in banker suicides, three former bankers from Barclays have been indicted and formally charged with “conspiracy to defraud.” It goes without saying that several alternative media sites consider this rash of banker suicides to be something of a conspiracy itself, and they may have a point. It would not be uncommon for a single banker to commit suicide. In fact being a high level banker is a very stressful career to embark on; however, when seven banker suicides all coincide within a matter of weeks, most under mysterious circumstances, you can rest assured the mainstream media isn’t going to focus on what is going on behind the scenes.
As of this date, there are a total of 13 bankers currently facing charges in the LIBOR related defrauding conspiracy, with another three expected to be charged in the coming days/weeks. This leads many to believe that this rash of banker suicides is far from over. Just with this information alone, it is not difficult to draw a few comparisons between these banker suicides and develop a theory about what is going on within the international banking community.
Here is a brief timeline of the recent history of banker suicide related deaths:
#1) William Broeksmit, a former executive at Deutsche Bank, allegedly hung himself at his home in Kensington in the UK. Broeksmit retired as a banker the previous year, and was suspected of having close ties to another executive banker, Anshu Jain. Broeksmit was 58 years old at the time. This banker suicide was the first of many, and occurred on, or about January 26th, 2014.
#2) Gabriel Magee, VP of JP Morgan’s UK department of corporate & investment technology, allegedly jumped from the roof of the 33 story bank he was employed at. Magee was 39 years old, and had sent an email to his fiancée informing her that he was wrapping up with work and would be seeing her shortly. This banker suicide occurred sometime between the evening hours of January 27th, and the early morning hours of January 28th, 2014.
#3) Mike Dueker, Russell Investments chief economist for the last five years, was reported “missing” on January 29th, 2014. Dueker was also a former assistant VP, and economic research specialist for the Federal Reserve Bank located in St. Louis, Missouri. Dueker was 50 years old. Dueker allegedly hopped a low fence and plummeted 40-50 feet to his death. This is also being categorized as a banker suicide.
#4) Richard Talley, the 57 year old founder and owner of American Title Services, was found dead in the garage of his home in Centennial, Colorado. Talley allegedly shot himself up to 8 times with a nail gun. The coroner’s report documents this as a banker suicide. State regulators in the insurance field were investigating Talley and his company at the time of his death. Talley’s alleged banker suicide was first reported on February 7th, 2014.
#5) Ryan Crane, the 37 year old equities trading executive for JP Morgan, was found dead at his home in Stamford, Connecticut. A determination of death has been postponed until toxicology reports are received. According to at least one report related to the rash of banker suicides, Ryan Crane and Gabriel Magee knew each other personally, and had uncovered something significant prior to their untimely deaths.
#6) Tim Dickenson, the director of communications for UK based Swiss Re AG, died of mysterious circumstances. Details related to the death of Dickenson have been kept from the public eye.
#7) Li Jie, a 33 year old foreign exchange trader for JP Morgan’s Hong Kong firm, allegedly leaped to his death from the roof of the 30 story building housing the JP Morgan firm. Investigators report that no suicide note was found, but are classifying this death as not being of a suspicious nature. In the coming days we can expect news reports to confirm this as another banker suicide.
What do all of these banker suicides mean? That remains to be seen. Is it a conspiracy to cover-up facts surrounding the LIBOR scandal investigation? Could it be that these banker suicides were part of a pact/plot to protect those being charged with fraudulent activity? Are these banker suicides an early warning that the economic collapse several experts in the industry have been predicting for years? There are so many possibilities to consider it can be confusing to say the least. We must also bear in mind that recent reports have also shed light on certain banks limiting, or refusing, to allow customers to withdraw huge sums of their own money without providing specific information about what the money is going to be used for.
While I do not presume to know all of the intimate details surrounding this rash of banker suicides, it doesn’t take a tinfoil hat wearing theorist to draw a few conclusions. Now would be a good time to reconsider the financial prepping plans we have in place. It would also be a good time to keep an eye out for future reports of additional banker suicides, as some suggest we have not seen the last of these unusual and untimely deaths. We should also bear in mind that these banker suicides do not involve the sort who make up the customer service portion of these financial institutions. These banker suicides haven’t claimed a single teller, or neighborhood loan approval officer. The bankers allegedly committing suicide are all from the top echelon of the banking world.
This clustering of banker suicides is something that should be taken seriously; however it is difficult to find a single report from a news agency that borders on investigative journalism. So far these banker suicides are being quietly swept under the rug by the mainstream media. They are NOT asking the questions that should be of concern, but rather repeating the banker suicides mantra handed to them by the authorities involved in each case. TEOTWAWKI may be hiding just around the corner, waiting to catch us unprepared. It might be wise to buckle up, strap in, and get ready for what could be a devastating time in global financial history.