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  1. #1

    guys its happening

    Third prominent banker found dead in six days
    Trey GarrisonJanuary 31, 2014 11:33AM41 Comments

    Bloomberg is reporting this morning that former Federal Reserve economist Mike Dueker was found dead in an apparent suicide near Tacoma, Washington.

    Dueker, 50, a chief economist at Russell Investments, had been missing since Jan. 29 and was reportedly having troubles at work.

    Normally HousingWire wouldn’t cover deaths in the industry, but what’s strange is that Dueker is the third prominent banker found dead since Sunday.

    On Sunday, William Broeksmit, 58, former senior manager for Deutsche Bank, was found hanging in his home, also an apparent suicide.

    On Tuesday, Gabriel Magee, 39, vice president at JPMorgan Chase & Co’s (JPM) London headquarters, apparently jumped to his death from a building in the Canary Wharf area.

     
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      Sanlmar: Sonatine is on the gold again
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  2. #2
    Diamond Walter Sobchak's Avatar
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    Were they under investigation I wonder?

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  3. #3
    Owner Dan Druff's Avatar
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    Are there any reasons given for these suicides?

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    Plutonium big dick's Avatar
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    With any luck Hank paulson will stick a .357 under his chin over the weekend.

  5. #5
    is yeb ok?

  6. #6
    Plutonium big dick's Avatar
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    gfy

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    Photoballer 4Dragons's Avatar
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    &
    Death by cocaine and hookers is not considered horribad.

  8. #8
    good, they can pile them on top of the lawyers.
    all hail Hydra



    Originally Posted by DanDruff:Since I'm a 6'2" Republican with an average-sized nose and a last name which doesn't end with "stein", "man", or "berg", I can hide among the goyim and remain undetected unless I open my mouth about money matters.

  9. #9
    Jewicide lol
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    Does anybody know if u can get a work visa for playing online poker in the UK
    I have had Issues with credit cards in Europe
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    you're more consumed with accumulating wealth than achieving spiritual enlightenment
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    Getting a little surf and turf tonight. In my world that is Sea Bass with a nice lobster tail on the side. And grilled asparagus. It's nice having money.

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    Quote Originally Posted by sonatine View Post
    Third prominent banker found dead in six days
    Trey GarrisonJanuary 31, 2014 11:33AM41 Comments

    Bloomberg is reporting this morning that former Federal Reserve economist Mike Dueker was found dead in an apparent suicide near Tacoma, Washington.

    Dueker, 50, a chief economist at Russell Investments, had been missing since Jan. 29 and was reportedly having troubles at work.

    Normally HousingWire wouldn’t cover deaths in the industry, but what’s strange is that Dueker is the third prominent banker found dead since Sunday.

    On Sunday, William Broeksmit, 58, former senior manager for Deutsche Bank, was found hanging in his home, also an apparent suicide.

    On Tuesday, Gabriel Magee, 39, vice president at JPMorgan Chase & Co’s (JPM) London headquarters, apparently jumped to his death from a building in the Canary Wharf area.
    Too much coincidence for me...you just don't have stuff like this happen within such a short period of time. It's like everyone showing up dead in the Aaron Hernandez trial.

  11. #11
    Quote Originally Posted by sonatine View Post
    Third prominent banker found dead in six days
    Trey GarrisonJanuary 31, 2014 11:33AM41 Comments

    Bloomberg is reporting this morning that former Federal Reserve economist Mike Dueker was found dead in an apparent suicide near Tacoma, Washington.

    Dueker, 50, a chief economist at Russell Investments, had been missing since Jan. 29 and was reportedly having troubles at work.

    Normally HousingWire wouldn’t cover deaths in the industry, but what’s strange is that Dueker is the third prominent banker found dead since Sunday.

    On Sunday, William Broeksmit, 58, former senior manager for Deutsche Bank, was found hanging in his home, also an apparent suicide.

    On Tuesday, Gabriel Magee, 39, vice president at JPMorgan Chase & Co’s (JPM) London headquarters, apparently jumped to his death from a building in the Canary Wharf area.
    This guy was a low level tech project manager working on migrating FX systems (fact. trust me.). He was not a "banker" or anything of the sort, I could release other "rumors" I heard, but they're just that. He was no one special... the other 2 are just weird...

  12. #12
    Gold son of lockman's Avatar
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    Quote Originally Posted by Dan Druff View Post
    Are there any reasons given for these suicides?
    Reason?

    How about because he worked for the FED. Thing is if the FED doesn't like you, you're dead. For whatever reasons.

    When JFK came to power in 1961 he shortly after decided to rachet up and print more Siver certificates backed by the U.S. Treasury. And was going to do away with the FED.

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    Which was a big no no and marked him for death among other reasons.

    Thing is ask people who's on a $5 dollars bill and prolly only one in ten can tell you.

    But worse yet ask them which part of the Federal Goverment the FED belongs to and 99% will say they don't know or say the Treasury Department.

    Which is wrong as they are in no way connected to any government in the world.

    The Federal Reserve Board. the worse farce ever directed at the American people and the world.

     
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      smithbk: FED rep

  13. #13
    Diamond Walter Sobchak's Avatar
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    Quote Originally Posted by son of lockman View Post
    Quote Originally Posted by Dan Druff View Post
    Are there any reasons given for these suicides?
    Reason?

    How about because he worked for the FED. Thing is if the FED doesn't like you, you're dead. For whatever reasons.

    When JFK came to power in 1961 he shortly after decided to rachet up and print more Siver certificates backed by the U.S. Treasury. And was going to do away with the FED.

    Name:  1743468_772487689446962_1197469997_n.jpg
Views: 604
Size:  112.1 KB

    Which was a big no no and marked him for death among other reasons.

    Thing is ask people who's on a $5 dollars bill and prolly only one in ten can tell you.

    But worse yet ask them which part of the Federal Goverment the FED belongs to and 99% will say they don't know or say the Treasury Department.

    Which is wrong as they are in no way connected to any government in the world.

    The Federal Reserve Board. the worse farce ever directed at the American people and the world.
    Oh Jesus the JFK/Fed conspiracy? You think Bush did 9/11 too? Shut it down man


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  14. #14
    clearly lone gunmen are to blame for this.

























     
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      lewfather: goattttest gif all time son
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  15. #15
    if im looking at the timing correctly, its kind of funny how the dow and the banking index has been taking a tumble precisely ever since this happened. just sayin
    I was looking at the BKX/a couple of my stocks the last couple of days and then I remembered this thread

  16. #16
    Goldman to Fidelity Call for Calm After Global Stock Wipeout




    By Weiyi Lim and Inyoung Hwang Feb 4, 2014 10:35 AM PT 195 Comments Email Print
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    Photographer: Yuriko Nakao/Bloomberg
    An electronic stock board displaying the day's movements of the Topix index outside a... Read More
    Related
    Stocks `Least Bad' Asset Now: JPMorgan's Economos
    Treasuries Favored Over Stocks in Near Term
    Panic is making an enemy of telephones for Catherine Yeung, the director for equities at Fidelity Investment Management Ltd. in Hong Kong.

    “My children hate that BlackBerry,” said Yeung, whose clients have been calling amid two weeks of declines that erased $3 trillion from global stocks. She’s advising calm, noting that profits are rising and shares just got a lot less expensive.

    “Being a contrarian and getting in when things seem bad is often a good thing,” she said in an interview today. “The companies we are looking into can still deliver attractive margins. Things are getting cheap.”

    Strategists from Goldman Sachs Group Inc. to AMP Capital Investors and JPMorgan Chase & Co. are also telling clients to hang on after losses that began with currencies in Turkey and Argentina spread to developed markets. The Standard & Poor’s 500 Index slid 2.3 percent yesterday, capping its first 5 percent retreat in eight months, while Japan’s Topix index plunged 4.8 percent for its biggest decrease since June.

    “We didn’t expect the U.S. would be this weak,” Kathy Matsui, chief Japan strategist for Goldman Sachs in Tokyo, said by e-mail. “Since we do not see sufficient reason to change our fundamental earnings outlook and stock prices have fallen, the market still appears attractive to us.”


    Photographer: Diego Giudice/Bloomberg
    Argentina’s peso started sliding as the central bank pared dollar sales to preserve... Read More
    The American equity gauge rose from a three-month low today, adding 0.9 percent to 1,757.17 as of 1:35 p.m. in New York.

    Strategist Forecasts

    Matsui’s 12-month forecast for the Topix is 1,450, about 27 percent above its level today. The index trades for about 15 times annual profits, close to the lowest in three years after all but 16 of its 1,775 constituents slid, the most since at least 1997. Twenty-one strategists tracked by Bloomberg predict the S&P 500 will reach 1,956 this year, on average, representing an 11 percent increase from its level now.

    Forecasts like those did little to prop up shares in the U.S. yesterday after a report showed factory output expanded in January at the weakest pace in eight months and China’s official Purchasing Managers Index decreased to a six-month low as production and orders slowed. Signs of a weakening recovery come as the U.S. Federal Reserve affirms plans to cut stimulus that has propelled a 160 percent rally in the S&P 500 since 2009.

    Emerging Markets

    It’s worse in developing countries, as the MSCI Emerging Markets Index drops to a five-month low and losses in equity benchmarks from India, Russia, Brazil and Mexico exceed 4 percent for 2014. A custom Bloomberg index of the 20 most-traded emerging-market currencies has fallen about 2 percent this year.

    Russia canceled a bond auction for the second consecutive week after the emerging-market rout sent yields on the nation’s bonds maturing in 2028 to record highs. The Finance Ministry scrapped the sale after “an analysis of market conditions,” according to a statement on its website.

    “The optimism for Russia is long gone,” said Vladimir Tsuprov, the St. Petersburg-based chief investment officer of TKB BNP Paribas, the investment partner of the French bank, in a phone interview. “The only surprise for us was how quickly the ruble had declined in January. This was unexpected.”

    Shocks began on Jan. 10, when the U.S. Labor Department said payrolls rose by 74,000 in December, below the 197,000 median forecast of 90 economists surveyed by Bloomberg.

    Losing Momentum

    Two weeks later, a report from HSBC Holdings Plc and Markit Economics Ltd. said Chinese manufacturing may contract for the first time in six months. That added to concern growth in the Asian nation, which buys everything from Chile’s copper to South Korea’s cars, is losing momentum. HSBC and Markit confirmed that manufacturing in the nation shrank in January.

    Argentina’s peso started sliding as the central bank pared dollar sales to preserve international reserves that have fallen to a seven-year low. The central banks of India, Turkey and South Africa all raised interest rates to defend their currencies as they tumbled.

    The result has been losses for seven of the last nine days in the MSCI All-Country World Index, erasing more than 5 percent. Stocks around the world are down for January after rising from September through December last year, the longest streak in a year.

    “We’ve become addicted to having one decent month after another,” said Nicola Marinelli, who helps oversee $180 million as a fund manager at Sturgeon Capital Ltd. in London. “If you look back at what happened in 2011, 2008, this correction is simply one of thousands. So if you speak with dealers, speak with other investors, this isn’t a feeling of panic.”

    Bond Buying

    Buying at the depths of the European sovereign-debt crisis in October 2011 would have generated a total return of 51 percent in the MSCI gauge, according to data compiled by Bloomberg.

    While Fed bond buying is being curtailed, it’s because policy makers say the U.S. economy is strengthening. In announcing it will cut monthly purchases by $10 billion, the Federal Open Market Committee said on Jan. 30 that labor-market data “were mixed but on balance showed further improvement” and economic growth that has “picked up in recent quarters.”

    The Fed left unchanged its statement that the target interest rate will be left near zero “well past the time” that unemployment falls below 6.5 percent.

    Growth Story

    “Short-term forces in the U.S. point to continued growth in all major categories of demand, while the long-term EM growth story remains intact,” David Kelly, the chief global strategist at JPMorgan Funds in New York, wrote in a note to clients today. His firm oversees about $400 billion. “The plain fact is that very low domestic interest rates for investors holding the vast majority of global financial assets should continue to pull money away from fixed income and towards equities.”

    Some strategists say the losses aren’t over. Inflation-adjusted interest rates are still too low in developing nations for Citigroup Inc. to predict an end to the retreat in currencies. Argentina’s peso tumbled 19 percent last month, while South Africa’s rand plunged 5.7 percent and Russia’s ruble dropped 6.5 percent.

    Stock markets may continue declining, sending the Nikkei 225 Stock Average down as much as 25 percent from the peak, according to Tim Schroeders, who helps oversee about $1 billion as a money manager at Pengana Capital Ltd. in Melbourne.

    “Markets are vulnerable to a further correction,” Schroeders said by phone on Feb. 4. “The pullback could surprise some people. Perhaps the downside will be a little bit more than people think.”

    Market Momentum

    Momentum in the U.S. stock market is slowing as the bull market enters its sixth year and after the S&P 500 surged 30 percent in 2013. Almost 200 companies in the benchmark gauge for American equities traded below their average level over the past 200 days yesterday, more than any time last year, according to data compiled by Bloomberg.

    Investors are pulling money from exchange-traded funds that track emerging markets at the fastest rate on record. More than $7 billion flowed from ETFs investing in developing-nation assets in January, the most since the securities were created, data compiled by Bloomberg show.

    Losses among commodities have been less than equities, with the S&P GSCI measure of 24 raw materials down 1.4 percent this year. Gold rallied 3.8 percent to $1,251.92 an ounce since the start of January. The London Metal Exchange index of six industrial metals including copper and aluminum fell 4.4 percent in 2014, the worst start to a year since 2010.

    Less Optimistic

    “There may not have been so many euphoric long positions in commodities as in equities,” said Bjarne Schieldrop, chief commodity analyst at SEB AB in Oslo. “Everyone and their grandmother have rolled into equities as they continued to get higher day by day. Thus, there are not so many heading for the door in commodities when things look less optimistic.”

    The global economy will grow 3.7 percent this year, up from an October estimate of 3.6 percent, the International Monetary Fund said in revisions to its World Economic Outlook released Jan. 21, citing accelerating expansions in the U.S. and U.K. Economies of Japan, Europe and the U.S. are forecast to expand together for the first time since 2010, according to data compiled by Bloomberg.

    Even as emerging markets crater, the outlook for global earnings remains robust. Profits in the MSCI All-Country World Index are forecast to increase 17 percent this year and 11 percent in 2015 and 2016, according to analyst forecasts compiled by Bloomberg. Nader Naeimi, who helps oversee $131 billion as a Sydney-based money manager at AMP Capital Investors, says people bailing now may regret it.

    Removing Froth

    “Some investors are schizophrenic,” Naeimi said in a phone interview. “You have started to see fear back in the market which you hadn’t seen for some time. This is good from a contrarian perspective, to remove some froth from the market, reduce complacency and gives me a buying opportunity.”

    The retreat since Jan. 23 has done little to dent the $9.6 trillion of stock value that was created worldwide in 2013, when the S&P 500 advanced 30 percent and the Topix climbed 51 percent. Speculation that developed-market equities were due for a retreat has built for months, including forecasts in January from Blackstone Group LP’s Byron Wien and Nuveen Investment Inc.’s Bob Doll Jr., who both called for a 10 percent drop.

    “We should keep our calm,” said Karim Bertoni, a Geneva-based strategist at de Pury Pictet Turrettini & Cie., which manages about $3.3 billion. “A 10 percent decline wouldn’t be surprising,” he said. “It’s something that happens a couple of times of year, nothing per se unusual. That’s why so far I think we are more in a classic correction than anything else.”

    To contact the reporters on this story: Weiyi Lim in Singapore at wlim26@bloomberg.net; Inyoung Hwang in London at ihwang7@bloomberg.net
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  17. #17
    Photoballer 4Dragons's Avatar
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    Makes one wish for simpler days when there would be a Pazzi Conspiracy and be done with it.

  18. #18
    http://www.denverpost.com/news/ci_25...grisly-suicide

    Under investigation, American Title CEO dead in grisly suicide

    The founder and CEO of American Title Services in Centennial was found dead in his home this week, the result of self-inflicted wounds from a nail gun, according to the Arapahoe County coroner.

    Richard Talley, 57, and the company he founded in 2001 were under investigation by state insurance regulators at the time of his death late Tuesday, an agency spokesman confirmed Thursday. It was unclear how long the investigation had been ongoing or its primary focus.


    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.

    Also unclear is whether Talley's suicide was related to the investigation by the Colorado Division of Insurance, which regulates title companies.
    etc etc blah blah

    A funeral mass is to be held at 12:30 p.m. Saturday at St. Thomas More Catholic Church in Centennial.

     
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  19. #19
    Didn't know where else to put this right now but its interesting


    ...and the chart is pretty chilling if true




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    Scary 1929 market chart gains traction

    http://www.marketwatch.com/story/sca...ion-2014-02-11

    here are eerie parallels between the stock market’s recent behavior and how it behaved right before the 1929 crash.

    That at least is the conclusion reached by a frightening chart that has been making the rounds on Wall Street. The chart superimposes the market’s recent performance on top of a plot of its gyrations in 1928 and 1929.

    The picture isn’t pretty. And it’s not as easy as you might think to wriggle out from underneath the bearish significance of this chart.

    I should know, because I quoted a number of this chart’s skeptics in a column I wrote in early December. Yet the market over the last two months has continued to more or less closely follow the 1928-29 pattern outlined in that two-months-ago chart. If this correlation continues, the market faces a particularly rough period later this month and in early March. (See chart, courtesy of Tom McClellan of the McClellan Market Report; he in turn gives credit to Tom DeMark, a noted technical analyst who is the founder and CEO of DeMark Analytics.)


    Are your earbuds always knotting and kinking? Try winding them using this super-geeky cord wrapping technique.

    One of the biggest objections I heard two months ago was that the chart is a shameless exercise in after-the-fact retrofitting of the recent data to some past price pattern. But that objection has lost much of its force. The chart was first publicized in late November of last year, and the correlation since then certainly appears to be just as close as it was before.

    To be sure, as McClellan acknowledged: “Every pattern analog I have ever studied breaks correlation eventually, and often at the point when I am most counting on it to continue working. So there is no guarantee that the market has to continue following through with every step of the 1929 pattern. But between now and May 2014, there is plenty of reason for caution.”

    Tom Demark added in interview that he first drew parallels with the 1928-1929 period well before last November. “Originally, I drew it for entertainment purposes only,” he said—but no longer: “Now it’s evolved into something more serious.”

    Another objection I heard two months ago was that there are entirely different scales on the left and right axes of the chart. The scale on the right, corresponding to the Dow’s DJIA +1.22% movement in 1928 and 1929, extends from below 200 to more than 400—an increase of more than 100%. The left axis, in contrast, represents a percentage increase of less than 50%.

    But there’s less to this objection than you might think. You can still have a high correlation coefficient between two data series even when their gyrations are of different magnitudes.

    However, what is important, McClellan said, is that the time scales of the two data series need to be the same. And, he stresses, there has been no stretching of the time dimension to make them fit.

    One of the market gurus responsible for widely publicizing this chart is hedge-fund manager Doug Kass, of Seabreeze Partners and CNBC fame. In an email earlier this week, Kass wrote of the parallels with 1928-29: “While investment history doesn’t necessarily repeat itself, it does rhyme.” And, based on a number of indicators rather than just this chart drawing the 1928-29 parallel, he believes that “the correction might have just started.”

    DeMark is even more outspokenly bearish. If the S&P 500 SPX +1.11% decisively breaks the 1762 level, he told me, then a major bear market will have only just begun.

    You may still be inclined to dismiss this. But there were many more were laughing last November when this scary chart began circulating. Not as many are laughing now.

  20. #20
    Quote Originally Posted by Gordman View Post
    Didn't know where else to put this right now but its interesting


    ...and the chart is pretty chilling if true




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    I will donate $5 to the weekly freeroll, in your honor Gordman, if you can tell me why that chart is not at all accurate when it comes to the fear mongering you posted.

    You have 24 hours....go.

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