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Two top American bankers commit suicide in London
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vinman Online
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Two top American bankers commit suicide in London
Quote:Gabriel Magee, a 39-year-old JP Morgan bank executive, died this morning after he threw himself off the top of the bank's European headquarters
On Sunday, former Deutsche Bank senior manager, William 'Bill' Broeksmit, 58, was found hanging in his home in South Kensington
Both deaths have been ruled non-suspicious by the Metropolitan Police
Magee had lived in London for seven years after transferring from the Unites States with JP Morgan
Broeksmit had been in London many years but still owned an apartment in an exclusive Central Park building in New York
Both were thought highly of by their bosses and colleagues, sources said

Two top ranking American bankers working in senior positions in London have committed suicide in the space of two days.
Gabriel Magee, a 39-year-old JP Morgan bank executive, died early this morning after he jumped 500ft from the top of the bank's European headquarters. His body was discovered on the ninth floor roof, which surrounds the 33-story Canary Wharf skyscraper.
Just two days earlier, on Sunday, fellow American banker, William 'Bill' Broeksmit, 58, was found hanging in his South Kensington home.
Broeksmit - who retired last February - was a former senior manager at Deutsche Bank and had lived in London many years. He started working for the bank in 1996 but left for a period of 7 years before returning in 2008.

Magee was a vice president in the corporate and investment bank technology department having joined JP Morgan in 2004 and moved with the bank from the U.S. to Britain in 2007.
Magee was named in an email sent to all JP Morgan staff Tuesday afternoon.
A company spokesman said: 'We are deeply saddened to have lost a member of the J.P. Morgan family at 25 Bank Street today. Our thoughts and sympathy are with his family and his friends'.
A source close to Magee said he was in 'good standing with his bosses and colleagues. He was well liked.'

Scotland Yard said they were called to 25 Bank Street at 8.02 a.m. and detectives are not treating the death as suspicious.
'No arrests have been made and the incident is being treated as non-suspicious at this early stage', a spokesman for the Metropolitan Police said.
Canary Wharf workers were in shock today, with one trader telling MailOnline that his body lay on the flat roof until around midday.
'My colleague yelled that he could see that someone had jumped from the top of the building onto a lower roof. His body lay there uncovered for at least two hours,' he said.

'Hundreds were looking out of their windows at him.
'It was bonus week at JP Morgan last week so I hope it wasn't to do with that'.
Another Canary Wharf worker who could see where the man fell told the Evening Standard: 'It’s upsetting what’s happened but the thought of somebody lying up there for four hours is awful.
'I got into the office at about 8.10 and the body was on the floor and there were police up there, and they put a white cover on him.
'I think he was in a suit. As far as I could see the was dressed appropriately, but there was quite a lot of blood, so me and my colleagues were a bit upset.'
Others tweeted that what they saw this morning.
Amie Hughes-Gage said: 'Just watched the police finally remove that poor bankers body 4 and half hours later with only a white sheet over him.'
Hetal Patel tweeted: 'The 9th floor roof of JP Morgan is visible from my office window. For a long time the body was left cordoned & unattended'.
Another wrote online: 'It's not a nice view from my building. The body is on the rooftop of level 9. So sad'.

An air ambulance was sent to the scene but the man could not be saved.
'We were called to Bank Street to reports of a person fallen form a height', London Ambulance Service spokesman said:
'We sent one ambulance crew, a duty officer, our hazardous area response team and London Air Ambulance to the scene.
'Sadly a man in his 30s was pronounced dead at the scene.'
JP Morgan's building has been the headquarters of the bank's Europe, Middle East and Africa (EMEA) operation since July 2012.
It used to be owned by Lehman Brothers until its collapse in 2008, and the area houses the headquarters of other banking giants including HSBC and Barclays.
The horrific tragedy came hot on the heels of the shock death of of Broeksmit Sunday, who apparently had close ties to co-chief executive Anshu Jain.
Jain and fellow co-chief executive Juergen Fitschen said in an internal memo: 'He was considered by many of his peers to be among the finest minds in the fields of risk and capital management.
'We are deeply saddened by Bill's death. He was a dear friend and colleague to many of us who benefitted from his intellect and wisdom.


'Our thoughts and condolences are with his wife and family at this time. We will remember him for his contributions to Deutsche Bank, thoughtful advice and personal friendship.'
Broeksmit worked in investment banking - specifically risk and securities - and lived on exclusive Evelyn Gardens in South Kensington, which has an average property value of £1.9million.
He is also registered to a high-value property a stone's throw from New York's Central Park.
Broeksmit's name appears on U.S. government records for the Broeksmit Family Foundation, which is based in the palatial 1185 Park Avenue building.
The three-bedroom, three-bathroom apartment to which he is linked was worth $4,500,000 when it was last sold in June 2000.
He worked at Deutsche Bank from 1996 to 2001, then from 2008 until he retired. Broeksmit was also employed by Merrill Lynch for a period.
Broeksmit was one of around 100 bankers who left Merrill Lynch for Deutsche when its investment banking arm was founded in the 1990s.

He was involved in the process of rescuing the bank in the wake of the 2008 financial crisis, when many investment banks found their debts were 'toxic', and unlikely ever to be repaid.
Broeksmit, a renowned risk expert, assisted the bank's efforts to shift the worst of the debt, and reduce its total amount of lending.
Chiefs at Deutsche Bank had planned to promote Broeksmit to its management board in 2012, but stopped when the German financial regulator expressed doubts about his experience as a leader.
Scotland Yard confirmed only that a 58-year-old man was found hanged.
A spokesman said: 'Police were called at 12.35 p.m. on Sunday to a man found hanging at Evelyn Gardens, SW7.
'Kensington and Chelsea police, ambulance and air ambulance all attended. A 58-year-old man was declared dead at the scene. The death is being treated as non-suspicious.'


Read more: http://www.dailymail.co.uk/news/article-...z2rlAQV5Ol
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01-28-2014 11:48 PM
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RE: Two top American bankers commit suicide in London
1. Fuck bitches.

2. Get money.

Skipping Step No. 1 is hazardous to your health.
01-28-2014 11:55 PM
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RE: Two top American bankers commit suicide in London


01-28-2014 11:57 PM
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RE: Two top American bankers commit suicide in London
"'It was bonus week at JP Morgan last week"

That's hysterical.
01-29-2014 12:21 AM
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RE: Two top American bankers commit suicide in London
(01-29-2014 12:21 AM)Christian McQueen Wrote:  "'It was bonus week at JP Morgan last week"

That's hysterical.

Isn't that every week?

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01-29-2014 12:44 AM
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RE: Two top American bankers commit suicide in London
Every time I read about a wealthy person in the finance industry or an eastern European politician committing "suicide", I know they had a professional hit done on them.

The eternal question:

Did they fuck the wrong woman or fuck over the wrong man?
01-29-2014 12:49 AM
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RE: Two top American bankers commit suicide in London
Did they know something we don't? (yet)
01-29-2014 01:02 AM
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RE: Two top American bankers commit suicide in London
(01-29-2014 12:49 AM)Tytalus Wrote:  Every time I read about a wealthy person in the finance industry or an eastern European politician committing "suicide", I know they had a professional hit done on them.

The eternal question:

Did they fuck the wrong woman or fuck over the wrong man?


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01-29-2014 01:04 AM
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RE: Two top American bankers commit suicide in London
Thanks for posting this. The media is not disseminating this info. It's not on Google's main news page, which is too busy going on about the "Hong Kong lesbian" (proof that gay issues are a deliberate distraction).

This could mean these guys killed themselves because they know something is coming down the road they couldn't face: a massive banking crisis, stock market crash, etc. Or if these were "hits," maybe they were gonna go public with some of the above info. I'm involved in the market, so I'm now going to be more cautious. Something is amiss.
01-29-2014 01:11 AM
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RE: Two top American bankers commit suicide in London
(01-29-2014 01:11 AM)Days of Broken Arrows Wrote:  Thanks for posting this. The media is not disseminating this info. It's not on Google's main news page, which is too busy going on about the "Hong Kong lesbian" (proof that gay issues are a deliberate distraction).

This could mean these guys killed themselves because they know something is coming down the road they couldn't face: a massive banking crisis, stock market crash, etc. Or if these were "hits," maybe they were gonna go public with some of the above info. I'm involved in the market, so I'm now going to be more cautious. Something is amiss.

I think it's because the media likes to portray bankers as being well-paid people who have completely perfect lives by scamming the public but in reality it's a very high stress job.
01-29-2014 01:29 AM
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RE: Two top American bankers commit suicide in London
(01-29-2014 01:29 AM)gwshark Wrote:  
(01-29-2014 01:11 AM)Days of Broken Arrows Wrote:  Thanks for posting this. The media is not disseminating this info. It's not on Google's main news page, which is too busy going on about the "Hong Kong lesbian" (proof that gay issues are a deliberate distraction).

This could mean these guys killed themselves because they know something is coming down the road they couldn't face: a massive banking crisis, stock market crash, etc. Or if these were "hits," maybe they were gonna go public with some of the above info. I'm involved in the market, so I'm now going to be more cautious. Something is amiss.

I think it's because the media likes to portray bankers as being well-paid people who have completely perfect lives by scamming the public but in reality it's a very high stress job.

Or maybe because two random bankers killing themselves isn't news even on a slow day? I'm all for the odd conspiracy theory, but you should realize that people kill themselves every day for all sorts of reasons. If a random Daily Mail article has you worried about your market positions, maybe you shouldn't be in the market.

Lol @ bankers scamming the public.

Edit: VPs aren't that high up the food chain anyway.
(This post was last modified: 01-29-2014 01:42 AM by Peregrine.)
01-29-2014 01:36 AM
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RE: Two top American bankers commit suicide in London
(01-29-2014 01:36 AM)Peregrine Wrote:  
(01-29-2014 01:29 AM)gwshark Wrote:  
(01-29-2014 01:11 AM)Days of Broken Arrows Wrote:  Thanks for posting this. The media is not disseminating this info. It's not on Google's main news page, which is too busy going on about the "Hong Kong lesbian" (proof that gay issues are a deliberate distraction).

This could mean these guys killed themselves because they know something is coming down the road they couldn't face: a massive banking crisis, stock market crash, etc. Or if these were "hits," maybe they were gonna go public with some of the above info. I'm involved in the market, so I'm now going to be more cautious. Something is amiss.

I think it's because the media likes to portray bankers as being well-paid people who have completely perfect lives by scamming the public but in reality it's a very high stress job.

Or maybe because two random bankers killing themselves isn't news even on a slow day? I'm all for the odd conspiracy theory, but you should realize that people kill themselves every day for all sorts of reasons. If a random Daily Mail article has you worried about your market positions, maybe you shouldn't be in the market.

Lol @ bankers scamming the public.

I guess I'm almost definitely over-analyzing and over-reacting, but I do get the overwhelming sense from the MSM that almost any problem can be tied back to bankers.
01-29-2014 01:40 AM
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Thomas the Rhymer Offline
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RE: Two top American bankers commit suicide in London
Maybe they were wealth addicts and couldn't see any other way out.

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01-29-2014 01:43 AM
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RE: Two top American bankers commit suicide in London
(01-29-2014 01:43 AM)Thomas the Rhymer Wrote:  Maybe they were wealth addicts and couldn't see any other way out.

Lolwtf

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01-29-2014 04:23 AM
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RE: Two top American bankers commit suicide in London
A hit on a top bank manager inside a modern corporate high rise with no trace?

You guys have been watching to many movies.
01-29-2014 04:51 AM
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RE: Two top American bankers commit suicide in London
(01-29-2014 01:40 AM)gwshark Wrote:  I guess I'm almost definitely over-analyzing and over-reacting, but I do get the overwhelming sense from the MSM that almost any problem can be tied back to bankers.

Perhaps that's a solid reason not to tie almost any problem back to bankers.

All of this is disregarding the fact that "bankers" is basically a bogeyman label. Who's a "banker"? I'm guessing we're not referring to the front line teller taking your deposits.
01-29-2014 05:07 AM
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RE: Two top American bankers commit suicide in London
Peregrine Wrote:All of this is disregarding the fact that "bankers" is basically a bogeyman label. Who's a "banker"? I'm guessing we're not referring to the front line teller taking your deposits.

I think it usually means a "security (derivative) trader", i.e. more similar to a "broker" than a "banker". But since banks have been allowed to act in that capacity with the destruction of Glass-Steagall regulations, these two terms have become synonyms. I don't think many people imagine bank tellers as "bankers".

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01-29-2014 06:00 AM
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RE: Two top American bankers commit suicide in London
There's only one other time in history I know of bankers jumping off buildings....

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01-29-2014 06:31 AM
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RE: Two top American bankers commit suicide in London
Didn't this happen in the movie The Other Guys?

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01-29-2014 06:34 AM
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RE: Two top American bankers commit suicide in London
(01-29-2014 01:11 AM)Days of Broken Arrows Wrote:  Thanks for posting this. The media is not disseminating this info. It's not on Google's main news page, which is too busy going on about the "Hong Kong lesbian" (proof that gay issues are a deliberate distraction).

This could mean these guys killed themselves because they know something is coming down the road they couldn't face: a massive banking crisis, stock market crash, etc. Or if these were "hits," maybe they were gonna go public with some of the above info. I'm involved in the market, so I'm now going to be more cautious. Something is amiss.

(01-29-2014 06:31 AM)Roosh Wrote:  There's only one other time in history I know of bankers jumping off buildings....

I think you're both onto something. The last time I remember this may people in the financial world whacking themselves this close together was after the Maddoff scandal broke. There are a few more "alleged" banking scandals percolating.

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01-29-2014 10:00 AM
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RE: Two top American bankers commit suicide in London
Roosh's point: In the Great Depression people were jumping off buildings after the market crashed as far as I know, not before.
Today market is down about 3/4 of 1 per cent, well within normal limits. Evidence of normalcy doesn't attract attention.

For a wealthy, high achiever financial employee, my guess is the most likely things are mental illness ( in particular bipolar disorder) , domestic conflict, or impending arrest and prison for a guy who's used to a jet set lifestyle.

Bipolar disorder, for one, can be sort of an asset for a trader when he is on a roll and before he starts to crack up.
One less known fact is that bipolar worsens with age into 30s and 40s, someone you know with high energy and IQ might be on the way to cracking up eventually. He can make a lot of money and get far by that age.

Of course, his social status means he can't have mental illness, and a miserable mixed episode of agitated depression is almost ideal for triggering an "I can't stand it" suicide of anxious misery.

Even if a bipolar seeks treatment, 90% of them hate their meds and often go off them to get back the rising part of the mood curve. How do I know? I've had to listen to them complain endlessly and was actually glad I wasn't a psychiatrist trying to please them with the right meds.

Old saying: When you hear hoofbeats, think of horses before zebras. I once again predict...nothing. The rich will get richer, you will get older, and there will be no news that life went on as usual.

Here's a self-help board where one guy states wasn't diagnosed until 40.
http://www.medhelp.org/posts/Bipolar-Dis...how/656861

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(This post was last modified: 01-29-2014 10:40 AM by iknowexactly.)
01-29-2014 10:28 AM
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RE: Two top American bankers commit suicide in London
Why are Banking Executives in London Killing Themselves?

http://www.prisonplanet.com/why-are-bank...elves.html

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01-29-2014 10:34 AM
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RE: Two top American bankers commit suicide in London
(01-29-2014 10:28 AM)iknowexactly Wrote:  Roosh's point: In the Great Depression people were jumping off buildings after the market crashed as far as I know, not before.
Today market is down about 3/4 of 1 per cent, well within normal limits. Evidence of normalcy doesn't attract attention.

For a wealthy, high achiever financial employee, my guess is the most likely things are mental illness ( in particular bipolar disorder) , domestic conflict, or impending arrest and prison for a guy who's used to a jet set lifestyle.

Bipolar disorder, for one, can be sort of an asset for a trader when he is on a roll and before he starts to crack up.
One less known fact is that bipolar worsens with age into 30s and 40s, someone you know with high energy and IQ might be on the way to cracking up eventually. He can make a lot of money and get far by that age.

Of course, his social status means he can't have mental illness, and a miserable mixed episode of agitated depression is almost ideal for triggering an "I can't stand it" suicide of anxious misery.

Even if a bipolar seeks treatment, 90% of them hate their meds and often go off them to get back the rising part of the mood curve. How do I know? I've had to listen to them complain endlessly and was actually glad I wasn't a psychiatrist trying to please them with the right meds.

Old saying: When you hear hoofbeats, think of horses before zebras. I once again predict...nothing. The rich will get richer, you will get older, and there will be no news that life went on as usual.

Here's a self-help board where one guy states wasn't diagnosed until 40.
http://www.medhelp.org/posts/Bipolar-Dis...how/656861

I have bipolar disorder. It is highly unlikely someone would go undiagnosed and unmedicated and be high functioning at a stressful job into their 50s and 60s and then suddenly crack after a really bad day at work or an extremely stressful time.

If it is 2 guys committing suicide the same day, it was almost certainly because of some financial catastrophe that they were either the root cause of, or they couldn't face their peers and their family and deliver some really bad news, or they were crooked/criminal and realized they were about to get caught and face a jail sentence and this would be easier.

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01-29-2014 11:09 AM
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RE: Two top American bankers commit suicide in London
In related news I woke up today and went to work. On my way to work the sun was rising in the distance

I sat down and the market is down 0.37%. Down 3% YTD! Better find the fire hose.

I realize dividends were paid out in a diversified portfolio which are then auto reinvested in the stock market. If the stock market tanks 25% or goes up 25% I will do the same thing as I did today.
---
Side note bankers kill themselves all the time and JPM along with Barclays have major legal issues which may or may not have impacted bonuses. And by may or may not I mean absolutely did.

Salmon for lunch sounds good.
(This post was last modified: 01-29-2014 11:59 AM by WestCoast.)
01-29-2014 11:57 AM
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RE: Two top American bankers commit suicide in London
That Prison planet article is pretty funny. And the comments are real rabbit hole shit.

These guys were probably in deep debt and were hoping that their bonuses would rescue them.
01-29-2014 01:03 PM
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