January 29, 2014

There's Something Happening Here

Two respected, capable bank managers have committed suicide. One jumped off the top floor of JP Morgan's London headquarters and the other hung himself at home.

So, two successful (?) bankers do the Dutch Act, there's draconian warnings about a global fiscal collapse, banks are restricting withdrawals and then Matt Drudge gives a cryptic warning to have "an exit plan." What's going on? And where's all  the paranoid, protesting liberal hippies? Seems they only showed up for Nixon, Reagan and the Bushes.
Two top American bankers commit suicide in London as one jumps 500ft to his death from JP Morgan skyscraper and another hangs himself in luxury home

  • 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
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.

Story here:


Doom said...

There are others going down. It's not just London, or American bankers. With HSBC, if backing down, but now Russian bankers limiting withdrawals... With QE XIV, or whatever, winding down (not, if I guess, by want), with Chinese banks in serious trouble, a default that will cascade several factors over the visible half a billion dollar tag along with liquidity problems and some other things... And that's just part of what I have seen myself.

Most likely, I say probably, they will figure this out. And kick the can a little further. A bit of cash at home, check supplies, start looking at gold, silver, guns and ammo, but food first, though don't forget water stores and ways to clean water. Those people that went out and bought guns but no food are going to be, or end up arming, the problems.

Well, I would add praying in there, first and last, actually... And in-between. I pray through action as I load my magazines. Hey, I'm THAT kind of guy. Not bitter, but a clinger for certain. :)

Doom said...

I'm actually thinking silver will drop by half, that's when I will get in whole hog. The markets are looking for anything safe, the big hogs are looking for another bubble (gold and silver, but it looks like that is failing, and I had guessed it would). Hold off on gold and silver until the bubble makers figure out it won't work. You'll know, they'll be all but giving it away on television when they realize most of the paper gold and silver is fraudulent, worse than even bank notes. Urhm. *cough* Sorry about that. Just had to... put that out. I am just guessing here, but...

Woodsterman (Odie) said...

Thus, another warning sounded.

WoFat said...

Some might think it better to jump than be thrown.

sig94 said...

Not really worried about water where I live - got oodles and oodles of lakes, rivers, you name it. Food, started that too. Ammo, way ahead of the game.

Doom said...

Okay. Just know you don't drink straight river or lake water. You have to run it through some sort of filter or boil it, all of it. But... sounds like a plan.

The thing that gets me about water is... carting it. I have had to do that and it is no fun. I guarantee bathing will be on the decline. Hmm... I wonder what the shelf-life of perfume and cologne is? Or even how to make that... A fine business in a new world. I suppose, with population reductions, and law gone, the hard part would be the whale harvesting. :p

Kid said...

The story is just getting started. Exactly what I thought when I read about the peter pan guy.