Very interesting Kings World piece on the topic......
It may be raining bankers for a reason, Leeb tells KWN
Submitted by cpowell on Tue, 2014-02-18 18:58. Section: Daily Dispatches
1:57p ET Tuesday, February 18, 2014
Dear Friend of GATA and Gold:
Fund manager Stephen Leeb today tells King World News that the United States will do anything to preserve the dollar's role as the world reserve currency, a status that confers almost absolute power over the world financial system, and he thinks that the rain of bankers falling from great heights around the world may be connected to it:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Gold Anti-Trust Action Committee Inc.
A Banker Jumped To His Death From The Top Of JP Morgan Headquarters In Hong Kong
A man jumped off of JP Morgan's Hong Kong headquarters to his death, according to George Chen of the South China Morning Post.
This comes at a delicate time for the financial industry, when a spate of deaths — mostly in London — have alarmed observers.
Witnesses say that police tried to stop the man from jumping from the 30 story building, 10 floors of which are used by JP Morgan, around 2:00 or 3:00 pm, but to no avail.
UPDATE 7:58 am EST: JP Morgan has confirmed that the man who jumped was a 33 year-old employee at the firm with the last name Li. He was a junior investment banker.
Hong Kong man becomes 7th banker to die under mysterious circumstances
Paul Joseph Watson
February 18, 2014
February 18, 2014
Yet another banker has committed suicide, with a JP Morgan forex trader leaping to his death from the top of the firm’s Charter House headquarters in Hong Kong.
Over the past few weeks at least seven bankers have died under mysterious circumstances, including another JP Morgan senior manager who jumped off the top of a skyscraper in London last month.
Speculation is rife that the series of deaths are connected to some kind of looming financial crisis or a huge legal case targeting bankers for malfeasance, although no definite link has been established.
Eyewitnesses said that the man, who was in his 30′s, accessed the roof of the 30 story office tower and jumped, with police on the scene failing to talk him out of committing suicide. Charter House is JP Morgan’s main regional Asian office.
“According to several JP Morgan employees, the man was a forex trader with the company,” reports the South China Morning Post, adding that his surname was Lee. The bank itself refused to confirm that the man was an employee.
Lee becomes the 7th banker to suddenly die in recent weeks. Questions as to whether the deaths are merely a coincidence or are linked to some as yet unknown factor continue to swirl.
- 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 apparentlyshooting 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.
An investment banker on Tuesday jumped to his death from the roof of Chater House in Central, where Wall Street bank JP Morgan has its Asia headquarters, several witnesses told the South China Morning Post.
Witnesses said the man initially went to the roof of Chater House, a 30-floor building in the heart of Hong Kong’s central business district – and later jumped. The incident happened between 2pm and 3pm, one witness said.
There were lots of police, ambulance cars and firefighters at the scene, right in front of Chater House. Connaught Road Central was blocked for nearly two hours
Several policemen were seen on the roof but apparently failed to convince the man not to jump, one of the witnesses said. Police later confirmed to the Post that a 33-year-old man – surnamed Li – was found in a dangerous position on the roof of Chater House on Connaught Road Central at 2.08pm local time. Li threw himself off the building before the city’s emergency crew arrived.
The man landed on the four-lane western-bound carriageway outside the building. A police spokeswoman said Li was taken to Ruttonjee Hospital, where he was declared dead at 2.31pm. Police are investigating the case.
According to several JP Morgan employees, the man was a junior-level investment banker who played a supporting role on various projects.
A Hong Kong-based JP Morgan spokeswoman said the bank was aware of the incident but it could not confirm at this stage whether the deceased was an employee of the bank. The bank is working with other parties including the police and the property manager of Chater House to follow up on the case, she added.
“There were lots of police, ambulance cars and even some firefighters at the scene, right in front of Chater House,” said one witness, a security guard at Jardine House, an office building opposite Chater House in Central.
“Connaught Road Central was blocked for nearly two hours in the afternoon,” he added.
Another witness working for a financial firm in Jardine House said he and his colleagues were having coffee at a nearby Starbucks when the suicide happened. They heard a heavy sound suddenly from the ground and later realised it was a man who jumped to his death.
“We thought it might have been a car tyre [exploding]. It’s sad to know it is a suicide case,” he said.
The incident apparently had some internal impact on JP Morgan’s business activities in Hong Kong – at least one business meeting was cancelled immediately after the suicide happened.
According to one manager working for a British bank in Hong Kong, his team were originally scheduled for a meeting with JP Morgan at 3pm but it was suddenly cancelled without explanation.
JP Morgan takes up 10 floors, from the 20th to 29th, of Chater House, one of the financial district’s landmark high-rises. It is the main regional head office location for the bank, which also houses its staff in Hong Kong in several other buildings across the city. Chater House also carries the logo of JP Morgan on the top corner of the building.