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Thread: Massive Bank and High Profile Resignations Across the World

  1. Link to Post #3501
    Avalon Member genevieve's Avatar
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    Default Re: Massive Bank and High Profile Resignations Across the World

    Sabrina--

    Glad to see you're still around. I've been wondering where you'd disappeared to.

    Thanks again for this thread and all your sharing.

    Wishing you well and
    Peace Love Joy & Harmony,
    genevieve

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    Default Re: Massive Bank and High Profile Resignations Across the World

    thought it might be time to bump this thread , i remember reading something about keeping an eye out for high profile resignations as an indicator of elite ( and minions) heading for the bunkers

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    Default Re: Massive Bank and High Profile Resignations Across the World

    Another dead bankster, following his formwer in office hasted death.
    This job is deadly.

    Ex-CEO Of Largest Swiss Insurer Commits Suicide, Three Years After CFO Hanged Himself
    http://www.zerohedge.com/news/2016-0...hanged-himself
    Quote In the latest tragic news from the world of finance, earlier today Zurich Insurance, the largest Swiss insurer which employs 55,000 people and provides general insurance and life insurance products in more than 170 countries, reported that Martin Senn, the company's former chief executive officer who stepped down in a December reshuffle, has committed suicide. He was 59.

    Senn had been a long-time employee of the insurer, serving as its chief executive for six years before stepping down in December.

    The family informed Zurich Insurance that Senn had taken his own life on Friday, according to the statement. "We are profoundly shocked by the news of the sudden death," the company said. According to Bloomberg, Senn was found in his holiday house in Klosters, a Swiss ski resort, Blick newspaper reported. The cantonal police of Grisons wouldn’t confirm the death but said officers had been deployed on Friday in connection with Senn.


    Former Zurich Ins CEO Martin Senn

    Senn started at Zurich in 2006 as CIO and became CEO in 2010. He joined from Switzerland’s biggest life insurer, Swiss Life Holding AG, and held several positions at Credit Suisse Group AG. When he was 26, Senn became treasurer of the Hong Kong branch of Schweizerischer Bankverein, today known as UBS Group AG.

    During Senn’s five years as CEO, Zurich Insurance rose about 19 percent and paid out record dividends of 17 Swiss francs a share. In his biggest acquisition, he bought a 51 percent stake in Banco Santander SA’s insurance division for $1.67 billion in 2011. Senn in December acknowledged “setbacks” in the months before his departure after higher-than-expected claims at the general-insurance unit forced the company to abandon a takeover bid for RSA Insurance Group Plc.

    Senn said he was confident that Zurich was well positioned to meet its targets at the time of his resignation, but did acknowledge some "setbacks." The company had been planning a large acquisition of the U.K. insurance firm RSA Group, but the deal was scuppered in September due to a "deterioration in the trading performance of Zurich's general insurance business," according to an RSA statement.

    That part of the company's business was under pressure after it was forced to pay out $275 million in claims related to last summer's major port explosion in Tianjin, China.

    According to Bloomberg, Senn’s “conservative approach” helped Zurich Insurance perform well during the financial crisis, when he was the chief investment officer, said Andreas Schaefer, an analyst at Bankhaus Lampe. “Zurich’s asset side never caused any problems and the company did well compared with its peers,” he said. Schaefer has a hold rating on the stock.

    Mario Greco, the former CEO of Italy’s Assicurazioni Generali SpA, assumed Senn’s role in March. UBS Group AG CEO Sergio Ermotti was set to take over as president of the chamber of commerce in June.

    But what is most shocking about the news is that this is the second high profile suicide of an executive at the Swiss company. Recall that in 2013 Senn oversaw the suicide of none other than the firm's former CFO, Pierre Wauthier, who hanged himself after a spat with then Chairman, and former Deutsche Bank CEO, Josef Ackermann, whom he accused of creating

    An investigation by the Swiss Financial Market Supervisory Authority later found that Wauthier was under no "undue pressure."

    Wauthier's note brought on an ugly episode in which his widow accused the company of creating an unbearably working environment.

    As we reported over two years ago, the "widow of former Zurich Insurance CFO Pierre Wauthier said she and her family cannot accept Zurich’s claim that his death wasn’t brought on by undue stress. Switzerland’s biggest insurer said in November that no “undue pressure” was put on Wauthier, who said in a suicide note that then-Chairman Josef Ackermann had created an unbearable working environment. But, his wife is demanding to know why her husband's former boss resigned if he had not accepted blame for the death, and why details of tensions at work were not made public. Her anger is clear, as she blasted "I am not worth talking to... or is it that I would raise unbecoming questions????"

    it is not clear who will be blamed for Senn's suicide or if the former CEO left a note; however, one thing is clear - with Europe's NIRP and increasingly more ludicrous monetary policies, many more insurance company CEOs will be departing in the coming years, hopefully in less tragic circumstances.
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    Default Re: Massive Bank and High Profile Resignations Across the World

    Quote Posted by Sabrina (here)
    http://www.nytimes.com/2012/05/03/bu...ures.html?_r=1



    HOUSTON — Chesapeake Energy’s chief executive, Aubrey K. McClendon, broke his silence on Wednesday after two weeks of media revelations about his byzantine financial dealings, but he expressed no remorse for anything except the distraction caused by the publicity. Shares of the natural gas drilling company closed down 14.6 percent.
    Enlarge This Image

    Sean Gardner/Reuters
    Mr. McClendon, chief executive of Chesapeake Energy Corporation. Record low prices are making life difficult for the company, whose stock price has fallen 45 percent in a year.
    Related

    full story at link
    Police Probe Finds Nothing to Suggest Aubrey McClendon Committed Suicide

    OKLAHOMA CITY—When Aubrey McClendon drove his Chevy Tahoe into a bridge the day after he was indicted for allegedly rigging the price of oil and gas leases, suspicions arose that the shale-energy pioneer had killed himself.

    But a two-month investigation by the Oklahoma City Police Department has found nothing to suggest Mr. McClendon committed suicide.

    “We were unable to find any evidence or information that would lead us to believe it was anything other than a vehicular accident,” said Oklahoma City Police spokesman Capt. Paco Balderrama.

    The conclusions of the probe, which haven’t been previously made public, don’t rule out suicide, or describe the manner of Mr. McClendon’s death, and thus are unlikely to end the intrigue about the final hours of one of America’s most charismatic and controversial modern business figures.

    ~~~~~~~~~~~~~~~~

    A small amount of investigation of the vehicle in use, finds electronically controlled electric motor assist on the steering of the given Chevy Tahoe.

    This means the vehicle could possibly be 'force' steered ----remotely. Not quite drive by wire, or brake by wire..which is the norm in let's say most high end BMW and Mercedes models..but close enough to that....for remote takeover.

    It could have been suicide, or it could have been murder.
    Last edited by Carmody; 8th June 2016 at 19:39.
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    Default Re: Massive Bank and High Profile Resignations Across the World

    CLICK HERE FOR MORE INFO ON THE ON GOING TOTAL....

    1. Nov – Shawn Miller, 42, Citigroup managing director – found dead in bathtub with throat slashed. Murder weapon is missing.

    2. Oct – Edmund Reilly, 47, a trader at Midtown’s Vertical Group, threw himself in front of a speeding Long Island Rail Road commuter train.

    3. Jan – William ‘Bill’ Broeksmit, 58, HUNG/POSSIBLE SUICIDE.

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

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

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

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

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

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

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

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

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

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

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

    15. April – Juergen Frick, 48, Bank Frick & Co. AG, SHOT Dead

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

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

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

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

    20. March – Kenneth Bellando, 28, (youngest) former JP Morgan, SUICIDE, allegedly jumping from his apartment building.

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

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

    23. Feb – Autumn Radtke, CEO of First Meta Bitcoin, a cyber-currency exchange firm, “Suspected SUICIDE”

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

    25. Feb – Edmund (Eddie) Reilly, trader at Midtown’s Vertical Group, SUICIDE Previously Mentioned #2

    26. Feb – Li Junjie, JP Morgan, Alleged SUICIDE after jumping from the JP Morgan HQ in Hong Kong

    27. Feb – Ryan Henry Crane, 37, Executive at JP Morgan, SUDDEN DEATH cause unknown

    28. Feb – Richard Talley — A coroner’s spokeswoman Thursday said Talley was found in his garage by a family member who called authorities. They said Talley died from seven or eight self-inflicted wounds from a nail gun fired into his torso and head.

    29. Jan – Gabriel Magee, 39, JP Morgan employee, dead after allegedly jumping from the rooftop of JP Morgan HQ in Europe.

    30. July – Julian Knott, 45, JPMorgan Executive Director, Global Tier 3 Network Operations, allegedly shot his wife multiple times, then shot himself dead.

    31. Jan – Mike Dueker, Suicide — “Suicide” By 13 Meter Embankment (40-50 feet). He may have jumped over a 4-foot (1.2-meter) fence before falling down a
    40- to 50-foot embankment.”

    32. Jan – Carl Slym, SUICIDE

    33. Jan – Tim Dickenson, Communications Director at Swiss Re AG, SUDDEN DEATH cause unknown

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

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

    36. Dec 2013 – Benjamin Idim, CAR ACCIDENT

    37. Dec 2013 – Susan Hewitt – Deutsche Bank, DROWNING

    38. Nov 2013 – Patrick Sheehan, CAR ACCIDENT

    39. Nov 2013 – Michael Anthony Turner, Career Banker, CAUSE UNKNOWN

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

    41. Oct 2013 – Michael Burdin, SUICIDE

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

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

    44. Aug 2013 – Pierre Wauthier, SUICIDE

    45. Aug 2013 – Moritz Erhardt, SUICIDE

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

    47. July 2013 Carsten Schloter, SUICIDE

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

    49. April 2013 David William Waygood, SUICIDE

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

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

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

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

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

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

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

    58. 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.

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

    60. 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).

    61. 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.

    62. Keiran Toman, 39, former banker who believed he was being stalked by a reality TV crew starved to death in a hotel room, after leaving the “do not disturb” sign on door for TWO weeks.

    63. 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.

    64. Melissa Millian, 54, Senior Vice President at MassMutual Financial Group, stabbed in the chest near a jogging alley in Connecticut.

    65. Karl Slym, 51, Tata Motors managing director – not a banker, but a top official that could be connected somehow to the others – discovered dead on the fourth floor of the Shangri-La hotel in Bangkok.

    66. Geert Tack was a private banker for ING and managed portfolios of wealthy clients in Blegium. The cause of death was unknown at the time of the report, but he disappeared in mysterious circumstances, after driving his personal car to a garage from which he took a replacement car to an unknown destination. His body was found in November 2014 near the shores of the Ostend coast.

    67. Thieu Leenen, 64, Relatiemanager ABN/AMRO, Eindhoven, Nederland

    68. Calogero Gambino, 41, Associate General Counsel and Managing Director at Deutsche Bank, America – Alleged SUICIDE by hanging.

    69. Thierry Leyne, 48, banker at Anatevka S.A., Israël, “apparent SUICIDE”-

    70. Tod Robert Edward, 51, Vice President of M&T Bank, Lancaster and Harrisburg Offices, and served as President of the Mortgage Banker’s Assn – died on August 31st, 2014, on Grindstone Island, Clayton, NY, from injuries sustained in an accident. .

    71. Therese Brouwer, 50, Managing Director ING, Nederland – Died in MH17 Crash – For me, this is absolutely HUGE, as I’ve spent weeks debunking the official story and, IMO, proving the false flag.

    72. Michael A. Tabacchi, 27, and his wife, Iran Pars Tabacchi, 41, were found dead Friday about 11:30 p.m. in the bedroom of their Closter home after a 911 call placed by the husband’s father, Bergen County Prosecutor John Molinelli said in an interview.
    Last edited by foreverfan; 14th June 2016 at 16:47.

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    Default Re: Massive Bank and High Profile Resignations Across the World

    About three months ago, Siena Italy prosecutors announced they were reopening the March 2013 "suicide" of banker David Rossi, and exhuming his body. Perhaps some Europeans are finally getting out from under the iron fist of the Anglo-American empire

    As of yesterday, June 17, the itallian site Pallonate.com reported that next week the prosecutor has arranged for a simulation of the fall, in order to further examine the cause of death. The body was exhumed, two months ago now.

    Perhaps some of these "suicides" will start to unravel and some prosecutors will start to get out from under the control of the Anglo-American empire.
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    Default Re: Massive Bank and High Profile Resignations Across the World

    High profile resignations in the UK are kicking the tipping dominoes. Here are the interesting times we've been hoping for. Don't sense it's all gone as planned. Surf the energy waves - it's the way to go!
    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    Quote Posted by Sabrina (here)
    High profile resignations in the UK are kicking the tipping dominoes. Here are the interesting times we've been hoping for. Don't sense it's all gone as planned. Surf the energy waves - it's the way to go!
    Did you anticipate, when you started this thread four years ago, that you would take a year's break from it, three years later, and come back to observe that the resignations were still proceeding at a fair pace ?

    (Welcome back .)
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    Default Re: Massive Bank and High Profile Resignations Across the World

    Zerohedge has an update on two of the past banker suicides at An Inside Look At Two "Unrelated" Banker Suicides Reveals A Fascinating Rabbit Hole.

    The article reviews and updates the details of two of these "suicides":
    1. one that of the director of communications at Monte dei Paschi di Siena, David Rossi, who allegedly jumped to his death on March 6, 2013, and
    2. the other that of William S. Broeksmit, who worked at various times at Merrill Lynch, Deutsche Bank, and who was involved in helping Monte Paschi arrange its various derivative deals with Deutsche Bank, and who was found on Janury 28, 2014 hanging in his London flat from a dog leash tied to the top of a door.
    This new Zerohedge article concludes with this explanation for revisiting and updating the details of these two banker "suicides":
    Quote The reason why this story, which has seen bits and pieces float around over the past 3 years, is reemerging is because now that both the insolvent Monte Paschi is in the news for its ongoing third bailout, not to mention the significantly troubled Deutsche Bank is also a daily source of market stress, the fact that two bankers who were intimately familiar and certainly involved in many of the transactions between Deutsche Bank and Monte Paschi, and which have been deemed illegal and are being prosecuted by the Italian state, have committed suicide, is worth bringing to the public's attention.

    * * *

    What is fascinating, is not only how interconnected the fates of Deutsche Bank and Monte Paschi have been over the years - two banks that have each seen a dramatic, high ranking suicide in recent years - but also how far the political process has pushed to preserving a cone of silence surrounding these events: recall that on September 1, Milan prosecutors filed a request to shelve a probe for alleged market manipulation and false accounting against the chief executive of Monte Paschi, Fabrizio Viola, and the bank's former chairman, Alesandro Profumo; a probe that was launched just several weeks prior. As noted above, Viola quietly resigned from his post shortly after the announcement.
    ===

    On a semi-separate note, as I post this, it occurs to me that the hysterical cries and alarms that have been prominent in the "alternative" financial media now for years, since the 2008 crash at least, warning us of the quadrillion(s) of derivatives, these (in Warren Buffett's words) financial weapons of mass destruction, overhanging the market and promising world-wide doom ... this outcry has all the signs of a psyop.

    If you brother and his best buddy engage in wagers with each other, in the millions of dollars, far in excess of their modest incomes, then regardless of what goes down, their combined wealth will remain modest, and any gains that one manages to collect from the other will not exceed what the other can, perhaps under duress, pay out.

    But if they both come home one day, to tell their wives that they are each millions of dollars in debt, due to their bad gambling debts with each other... then some other game is afoot. Someone else, more dark and evil, has gotten both of them to play a losing game, to place them both in debt far beyond their means to repay, short of selling themselves, their wives, and their children into slavery, unto the tenth generation.

    That, I suspect now, is the real story of these quadrillions of derivatives ... they will be used to extract the real wealth of the European and American nations, of their people, businesses and governments, of their land and labor, unto the tenth generation.

    This is why, if I am recalling correctly, that derivative debt has been made legally the most senior debt in a financial institution's bankruptcy ... a failed bank must pay off its derivative obligations even before its depositors.

    This is a key part of what "they" have been setting up for the last eight years (and in other ways, long before then).

    This is closely related, I suspect, to the scent of evil rising from these banker resignations and deaths of the last few years.

    Ouch.

    That is the way of debt-money systems, as I have been exploring in many of my posts. Like an evil drug dealer, start off with easy drugs, than extract increasingly high payments as the addict becomes more desperate, then eventually they own the addict's car, his wife's wedding ring, the deed to their house, and their good looking daughter, when the addict can no longer pay in money.

    If you cross them, or threaten their business -- your life is short and brutal.

    I'd get every last penny I "owned" (all 12 of them <grin>) out of any bank that "plays with the big guys", that holds or might be counter-party to any derivatives. And given the vast reach of the financial powers, this might include any institution regulated as a bank or savings and loan or brokerage or other such financial institution, in the US or the EU or the UK or any of the UK colonies.
    Last edited by ThePythonicCow; 14th October 2016 at 03:56.
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    Default Re: Massive Bank and High Profile Resignations Across the World

    Paul,

    For the record. Zero Hedge has nothing new that my exclusive report didn't have 5 months ago.

    They never give credit for anything and yet they credit me in their report.

    Michael Gray
    When in doubt, do the next right thing.
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    Default Re: Massive Bank and High Profile Resignations Across the World

    Quote Posted by mgray (here)
    Paul,

    For the record. Zero Hedge has nothing new that my exclusive report didn't have 5 months ago.

    They never give credit for anything and yet they credit me in their report.

    Michael Gray
    Yes - I spend more time scanning the consolidation sites, for my various interests, including finanancials, nutrition, computer hardware and software, physics, etc than I do on the individual feeder sites where the original research and analysis is usually done such as your site. You're sooner ... but Zerohedge has "more sh*t" .

    There's also a matter of my own intuitive, difficult to articulate, ever evolving preferences. I feel like I'm crawling around a large cave in the dark, doing my best to call them as I see them ... even though I'm often lost and usually half blind.
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    Israel Avalon Member PathWalker's Avatar
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    Default Re: Massive Bank and High Profile Resignations Across the World

    Quote Posted by Paul (here)
    I feel like I'm crawling around a large cave in the dark, doing my best to call them as I see them ... even though I'm often lost and usually half blind.
    Thanks for the analogy Paul,

    1. You are among the more perceptive and wise among us.
    2. The half blind is the king of the blind nation (better said in Hebrew).

    It is rather quite simple, since the rules are not in favour of the banksters now. They concoct a situation, where they will change the rules (as they did with the Patriot act and 2008 bail outs).
    In addition since the financial system is a make belief system (debt and digital obfuscation). They will make their best to reset the belief system on their favour.

    IMHO they will fail miserably this time. Because they lost (and losing) public/political control.
    We are playing a virtual reality game, of duality. In the game of choices, align your choices with your ideals. Everything is whole, complete and perfect. Even yourself. Love is the power to change/create.

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  25. Link to Post #3513
    United States Administrator ThePythonicCow's Avatar
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    Default Re: Massive Bank and High Profile Resignations Across the World

    Here's a report by Michael Gray, Sunday Business Editor for the New York Post, on the mysterious death of David Rossi, which my previous post above, a day ago, also touched on.



    Gray's Youtube channel has other reports on banker suicides, as well.

    ===

    P.S. -- Aha -- the dots may connect slowly, but they connect eventually. The above video was included in the Zerohedge article that I was commenting on, in my above previous post a day ago.

    It would seem that Michael Gray, Sunday Business Editor for the New York Post, is one and the same as our good member "mgray", who commented just above.

    Further parts of Gray's report on the banker suicides can be found in the June 2015 page of his Gray's Economy blog. Scoll down all the way, to get the Javascript page to load all the way, then look for several articles with the word "suicide" in their title.

    ===

    P.P.S. -- And on Gray's 2 Oct 2016 Gray's Economy post, I read that his New York Post video series “Banker Suicides” has won the Streamy Award for Best Investigation Series.

    Congratulations, mgray !
    Last edited by ThePythonicCow; 15th October 2016 at 02:56.
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    United States Administrator ThePythonicCow's Avatar
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    Default Re: Massive Bank and High Profile Resignations Across the World

    Quote Posted by Paul (here)
    That is the way of debt-money systems, as I have been exploring in many of my posts. Like an evil drug dealer, start off with easy drugs, than extract increasingly high payments as the addict becomes more desperate, then eventually they own the addict's car, his wife's wedding ring, the deed to their house, and their good looking daughter, when the addict can no longer pay in money.

    If you cross them, or threaten their business -- your life is short and brutal.

    I'd get every last penny I "owned" (all 12 of them <grin>) out of any bank that "plays with the big guys", that holds or might be counter-party to any derivatives. And given the vast reach of the financial powers, this might include any institution regulated as a bank or savings and loan or brokerage or other such financial institution, in the US or the EU or the UK or any of the UK colonies.
    Here's further commentary on the "debt problem": Brace Yourself For The Quadrillion-Dollar Reckoning.

    Unlike previous crashes in the last two or three decades, in which certain nations (say the South East Asian Tigers), or certain securities (say the High Tech Dot Com stocks or mortgage backed securities) collapsed, the over hang of collapsing debt and obligations will be everywhere this time - stocks, bonds, securities, insurance plans, social welfare payments, individuals, corporations, governments large and small, ... East, West and Down Under. Everywhere ... and moreover ... in a size never before seen ... there are speculative derivative bets on top of all the above ... gambling that the counter party to each derivative will be solvent and can pay out, if the terms and conditions so determine.

    What could possibly go wrong?

    From the article:

    =========
    The debt buildup is not contained to a handful of profligate sovereign borrowers as was the case in the late 1990s when Indonesia, Thailand and South Korea took on unsustainable debt loads. Russia’s default was all it took to ignite the mother of all contagions.

    The debt problem, if you will, is also not contained to a single sector whose ‘AAA’-rated debt spread so far and so wide as to infect the entire global financial system. That was, of course, the case with U.S. subprime mortgage debt.

    Rather, the debt is simply everywhere, at least to the extent we can see and measure it. Corporate and sovereign debt, of both the developed world and emerging market varieties, are at record levels. China’s debts certainly add to that record but who really knows to what extent? It’s the ultimate black box of leverage on Planet Earth. Even household debt is a problem in many countries including right here in the United States where it’s nearly hit its prior record high.

    But it’s not just the debt. It’s the speculation that the debt has inadvertently unleashed that’s the other problem. Central bankers’ collective and growing fears of those debts, which could prove to be incapable of being serviced without interest rates at zero or in negative territory and quantitative easing (QE) running at full throttle, have given way to a perverted gentlemen’s agreement of sorts.
    =========

    The planet's bankers have built a monetary system that can only avoid collapsing by continually issuing more debt and obligations, in exponentially increasing amounts.

    It's brilliant ... if their goal was to build the ultimate boom and bust machinery.
    Last edited by ThePythonicCow; 15th October 2016 at 03:24.
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  29. Link to Post #3515
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    Default Re: Massive Bank and High Profile Resignations Across the World

    Quote Posted by mgray (here)
    Paul,

    For the record. Zero Hedge has nothing new that my exclusive report didn't have 5 months ago.
    And to close the loop, here's a link to mgray's, aka Michael Gray's, thread, here on Avalon, of his 12 June 2016 New York Post article: Banker suicides.
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    Default Re: Massive Bank and High Profile Resignations Across the World

    And to put a bow on the loop. Below is my conversation with ZeroHedge on Twitter:


    Michael Gray @12mgray
    I'm pretty perturb at @zerohedge. Credited me for piece of Banker Suicides, but then used more of my reporting as news it was breaking. #nyp
    zerohedge @zerohedge
    @12mgray full credit given. there really wasn't any broken news: most of the information was public - just connecting some dots
    Michael Gray @12mgray
    @zerohedge Had Fassiola connect to 3 dead bankers and was first to show up at Broeksmit home. All in the story. http://nypost.com/2016/06/12/why-are...itting-suicide
    zerohedge @zerohedge
    @12mgray correct. just updating for the latest news out of DB
    Michael Gray @12mgray
    @zerohedge ok thanks
    Last edited by Bill Ryan; 15th October 2016 at 14:46. Reason: edited formatting to make it just slightly clearer
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    Default Re: Massive Bank and High Profile Resignations Across the World

    Joseph P. Farrell has a two-part article on banker suicides, especially involving Deutsche Bank and the Italian Banca dei Paschi di Sienna.

    He concludes, in the second part:

    =========
    So why is the Deutsche Bank story important? It is not simply, as the Bloomberg article suggested, because it is a microcosm of its wider operational practice, but rather, because it is a thread which, if those Italian courts and investigations pull long and hard enough, could conceivably unravel a picture of that hidden system, its extent, and its casualties.

    But they will have to move quickly, because all indications are that "they" are moving quickly to take whatever connections of that hidden system to the national security structure and sever them completely. That vast pile of liquidity appears to be set for moving back into North America, and it is perhaps worth noting, in this regard, Mr. Trump's agenda to make space a number one priority, with talks with private companies to go out and develop the resources of space.

    It's interesting, too, to note that Deutsche Bank's woes appear to have begun with the Wall Street "capture" of that institution, and to contemplate the idea that what is going on is also some form of subtle economic warfare between the USA and Germany.

    In short, this is in my opinion, a huge story, and one to watch in coming years.
    The two parts are at:=========
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  35. Link to Post #3518
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    Default Re: Massive Bank and High Profile Resignations Across the World

    Bump... with all the Q Anon action, I wonder if this info could be useful to anyone doing research. Doesn’t Q have a saying that Past proves present? Anyway it looks like many of these banker suicides detailed out here were working for major businesses. I’m way behind on my Q posts but thought this thread might save someone a boatload of time.

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