Does The Trail Of Dead Bankers Lead Somewhere?

Thursday, February 20, 2014

By Michael Snyder, on February 18th, 2014

What are we to make of this sudden rash of banker suicides? Does this trail of dead bankers lead somewhere? Or could it be just a coincidence that so many bankers have died in such close proximity? I will be perfectly honest and admit that I do not know what is going on. But there are some common themes that seem to link at least some of these deaths together. First of all, most of these men were in good health and in their prime working years. Secondly, most of these "suicides" seem to have come out of nowhere and were a total surprise to their families. Thirdly, three of the dead bankers worked for JP Morgan. Fourthly, several of these individuals were either involved in foreign exchange trading or the trading of derivatives in some way. So when "a foreign exchange trader" jumped to his death from the top of JP Morgan's Hong Kong headquarters this morning, that definitely raised my eyebrows. These dead bankers are starting to pile up, and something definitely stinks about this whole thing.

Read the rest HERE!


Anonymous said...

The Global Elite control somewhere between 80 - 90% of the global wealth and income. The "global elite" are considered to be a group of trillionaires, billionaires, and the $$$hundreds-of-millions millionaire club of approximately - approximately 7000 people in total. This is the so-called "1%" - really, the 1/1000 of 1% or 0.001%.

The January 2014 Oxfam report (below) indicates the top "visible" 85 billionaires have more wealth than half the world's population (3.5 billion people). The Forbes top (visible) billionaire list includes 1500 billionaires - the list is cut off at 1500. This does not include all the other billionaires that did not make the list, nor the +$$100 millions millionaires. This is the "visible" wealth - the noveau riche (Bill Gates, Warren Buffets, etc.). It does not include the "hidden" wealth in offshore tax havens, the trillionaire sovereign City of London Banksters (Rothschilds, Warbergs, Oppenheimers, Lazard, Sassoon) nor the European Royalty old money. These people run on mafia rules and oligopoly business practices - Coke vs. Pepsi oligopoly (fake competition).

So, the "1%" - the 0.001% (7000 people) control 80 - 90% of the wealth + income in Oligopoly businesses. The 99.999% of the World's population are structurally trapped in a system of neo-liberal, cut-throat competition - pitting the 99.999% against each other for 10 - 20% of the global wealth and income.

Oxfam January 2014 Report:

Rigged rules mean economic growth increasingly “winner takes all” for rich elites all over world

Working for the Few: Political capture and economic inequality

Credit Suisse Global Wealth Report 2013:

Forbes (1500 "visible") Billionaire list:

The Network of Global Corporate Control

Revealed – the capitalist network that runs the world

The Global 1%: Exposing the Transnational Ruling Class

World Bank Whistleblower Reveals How The Global Elite Rule The World

The Federal Reserve Cartel: Part I: The Eight Families

The Federal Reserve Cartel: Part V: A Solution

Swiss Bankers, BIS & The House Of Rockefeller

Does Rothschild own all Central Banks?

Banks and Bandits

How the Credit Card Gravy Train Is Running Over You

Who Owns The Federal Reserve? The Fed is privately owned. Its shareholders are private banks

Anonymous said...

85 Billionaires and the Better Half: Poverty is Spreading as Wealth Accumulates

The world’s 85 richest individuals possess as much wealth as the 3.5 billion souls who compose the poorer half of the world’s population, or so it was announced in a report by Oxfam International. The assertion sounds implausible to me. I think the 85 richest individuals, who together are worth many hundreds of billions of dollars, must have far more wealth than the poorest half of our global population...

Millions of children who number in the lower 50 percent never see the inside of a school. Instead they labor in mills, mines and on farms, under conditions of peonage. Nearly a billion people are unable to read or write. The number of people living in poverty is growing at a faster rate than the world’s population. So poverty is spreading even as wealth accumulates. It is not enough to bemoan this enormous inequality, we must also explain why it is happening.

But for now, let me repeat: the world’s richest 85 individuals do not have the same amount of accumulated wealth as the world’s poorest 50 percent. They have vastly more. The multitude on the lower rungs—even taken as a totality—have next to nothing.

Global Capitalism Has Written Off The Human Race
By Dr. Paul Craig Roberts

...The way the world is organized under a few powerful and immensely greedy private interests, the technology will do nothing for humanity. The technology means that humans will no longer be needed in the work force and that emotionless robotic armies will take the place of human armies and have no compunction about destroying the humans on whom they are unleashed...

...Adam Smithian economics applies to economies in which capitalists have some sense of commonality with other citizens of the country like Henry Ford did, some sense of belonging to a country or to a community. Globalism destroys this sense. Capitalism has evolved to the point where the most powerful economic interests, interests that control the government itself, have no sense of obligation to the country in which their business entities are registered. Except for nuclear weapons, international capitalism is the greatest threat humanity has ever faced.

International capitalism has raised greed to a determinant force in world history. Unregulated greed-driven capitalism is destroying the jobs prospects of First World labor and the ability of Third World countries, whose agricultures have been turned into export monocultures serving the global capitalists, to feed themselves. When the crunch comes, the capitalists will let the “other” humanity starve.

As the capitalists declare in their high level meetings, “there are too many people in the world.”

Anonymous said...

The annual Forbes Billionaire list is out and it is not pretty for the 99.999% of the world's population. The Cancer Stage of Capitalism is accelerating.

Check it out at Amazon:

The Cancer Stage of Capitalism: From Crisis to Cure [Paperback] by John McMurtry

Forbes 400 List of World’s Richest People Highlights Growth of Social Inequality

Forbes magazine published its 28th annual list of the world’s wealthiest individuals and families on Monday. In all, the research team behind the Forbes Billionaires list found a total of 1,645 billionaires worldwide as of February 12, with a combined net worth of $6.4 trillion, an increase of $1 trillion from 2013. The number of new billionaires, at 268, was the highest figure in the report’s history.

A surge in equity markets resulting from the ultra-loose money policies of the US Federal Reserve pushed the total number of American billionaires to 492, the highest of any nation. China, the foremost cheap labor platform in the global economy, boasts the second highest number of billionaires at 152. The Russian Federation, politically dominated by a narrow layer of compradors who liquidated the USSR and plundered its state assets in 1990-91, rounded out the top three nations, with 111 billionaires...

To juxtapose the enormous and growing opulence at the top of society on the one hand, with the increasingly wretched, untenable position of most of the world’s population on the other, is to pose the necessity of socialism. Plainly said, society cannot afford the financial aristocrats, who make the feudal monarchs of the past look modest by comparison.

Anonymous said...

UK’s 5 wealthiest families worth more than poorest 20 percent

The combined fortunes of Britain’s five richest families are worth more than the poorest 20 percent of the population, says an Oxfam report. The organization has appealed to the government to take action over the UK’s widening wealth gap.

In a report published on Monday entitled “A Tale of Two Britains,” the charity revealed the scope of the UK’s wealth divide. It calculated that Britain’s five richest families have a fortune of £28.2 billion ($46.9 billion), more than the £28.1 billion ($46.7 billion) of the poorest 20 percent of the UK population. The study also said that over the past two decades the richest 0.1 percent of the population has seen its wealth grow almost four times faster than the 90 percent of population who are considered well-off...

Obscene wealth: World’s 85 richest have same wealth as 3.5 billion poorest – Oxfam

... A total of 210 people became billionaires last year, joining the existing 1,426 billionaires with a combined net worth of $5.4 trillion.

"Instead of moving forward together, people are increasingly separated by economic and political power, inevitably heightening social tensions and increasing the risk of societal breakdown," the report stated.

Also, according to the Oxfam data, the richest 1 percent of people across the globe have $110 trillion, or 65 times the total wealth of the bottom half of the planet’s population – which effectively “presents significant threat to inclusive political and economic systems.”

“It is staggering that, in the 21st century, half of the world’s population — that’s three and a half billion people — own no more than a tiny elite whose numbers could all fit comfortably on a double-decker bus,” Oxfam chief executive Winnie Byanyima told a news conference...
Oxfam also said that there are many laws that favor the rich, which were lobbied for in a “power grab” by the world’s wealthiest people.

Since the late 1970s, tax rates for the richest have fallen in 29 out of 30 countries for which data are available, according to Oxfam...

“Rigged Markets” and the Crimes of Wall Street: Banker Suicides, The Prequel to Global Financial Collapse
by Gerald Celente

Anonymous said...

Unfortunately the world is still living in the age of 19th Century economics - re-branded as neo-liberal economics. Banks "create money out of thin air" on computer screens - the global financial elite - the so-called 1% Oligarchy, really 0.001% (approximately 7000 people) control the banks and capital is freely available to this group to grow their wealth through finance.

There is no shortage of capital and there is no shortage of resources - artificial scarcity and austerity.

Spanish Government Attacks Democratic Rights

...According to the International Monetary Fund, which is complicit in imposing the austerity measures, the gap between rich and poor has grown faster in Spain since the global economic crisis erupted in 2008 than in any other country in Europe. A report by the Caritas charity shows that the top 20 percent of Spanish society is now seven and a half times richer than the bottom fifth—the largest divide in Europe. A Credit Suisse study revealed that the number of millionaires in Spain rose to 402,000 in 2012, an increase of 13 percent in just one year. At the same time, unemployment stands at 25.6 percent, and 56 percent amongst young people...

Anonymous said...

Bankers killing bankers for the insurance money and another look at 9/11

Two big, macabre stories came out of Wall Street recently: the rash of banker deaths by apparent murder and/or suicide, and speculation that bank CEOs themselves are behind the trend to cash in on the insurance.

It turns out that banks take out life insurance policies on their employees, and those policies pay out death benefits to the banks – not the families. In other words, to add to the banks' other crimes, they appear to also be involved in the "suicides" and deaths of their own, as a way to fatten their bottom line and bonuses.

Should we be surprised by this banker-on-banker death scam? After all, wasn't this what 9/11 was all about?

A new book by James Rickards, 'The Death of Money' (read: 'Death of Bankers'), opens with a timeline starting three days before the 9/11 attacks on the Twin Towers and describes them from a first-person account from inside the CIA, which was monitoring trading on airline stocks (specifically 'put options'), from traders who were profiting from the 9/11 disaster...
For some, the 9/11 story has faded into history and they consider it not terribly interesting anymore, but I think it's important to keep in mind the ruthlessness of bankers on Wall Street today who are now apparently killing each other for the insurance money and who, we can now say with some certainty, were trading options to cash in on their own deaths on 9/11. This is the Wall Street culture that is tearing America apart. This is the Wall Street disease that is undermining America's ability to control events around the world.

Anonymous said...

The rich are even richer: ECB economist unveils new global inequality figures

The top 1 percent of Americans and Europeans own a much bigger slice of national wealth than is reported according to a senior economist at European Central Bank (ECB). A lot of wealthy people prefer to underreport their assets when asked in surveys.

“Our knowledge of the wealth distribution is less than perfect,” Philip Vermeulen, a senior economist at the ECB wrote. “The results clearly indicate that survey wealth estimates are very likely to underestimate wealth at the top.”...
The author insists that combining normal surveys with wealth reports would provide a far clearer picture. He refers to a so-called ‘tail wealth’, which is underreporting of assets of participating households...

The Golden 1%: Britain's poor worse than ever

...The report noted that “inequality does not happen by chance,” but arises from deliberate political, social and cultural choices in areas like “taxation, public spending, industrial relations and public tolerance of high and low pay.”

“These figures suggest we need to be more concerned about inequality and how prosperity is shared, as well as average incomes or aggregate measures like GDP,” as the Financial Times quotes Deborah Hargreaves, director of the High Pay Centre. “The fact that the rich are richer in the UK than many other countries hides the fact that the poor are poorer.”..
In the UK, the wealthiest one percent takes 13 percent of total income, which is much greater ratio than in other Western European countries...The 6 percent share of total incomes grabbed by the richest one percent in the Netherlands and Denmark is the lowest recorded by the world top incomes database; however, the share in other countries such as Sweden (seven percent), Norway (eight percent) and France (eight percent) is also much lower than UK levels.

World’s biggest earner: Warren Buffett made $37 million a day in 2013

What crisis? Billionaires’ fortunes doubled since 2009

The combined fortune of the world's billionaires now stands at $6.5 trillion, up from $3.1 trillion in 2009, according to the Billionaire Census. On an interesting side note, the bulk of the wealth of the world’s richest derives from the recently rescued financial and banking sector (17 percent), with manufacturing making up just 8 percent.

The United States leads the billionaire class with 515, for a combined wealth of over $2 trillion dollars. China comes in a distant second place with 157; followed by Germany at 148; the United Kingdom at 135; and Russia with 108.

Of the 2,170 billionaires, 87 percent are male, while the four ‘mega-billionaires’, who each have a net worth of more than US$50 billion, are self-made individuals. These mega-billionaires are Bill Gates, Carlos Slim, Amancio Ortega Gaona and Warren Buffet. ...
Membership into the elite club of super-rich has surged 60 percent since 2009, with 810 new billionaires added during the period, bringing the number to 2,170. But this seems to be just the first stage of a growth spurt, as the report forecasts that the number of billionaires will increase by 1,700 individuals to nearly 3,900 by the year 2020...


Anonymous said...

Big Corporations Have an Overwhelming Amount of Power Over Our Food Supply

From our fields to our forks, huge corporations have an overwhelming amount of power over our food supply every step of the way. Right now there are more than 313 million people living in the United States, and the job of feeding all of those people is almost entirely in the hands of just a few dozen monolithic companies. If you do not like how our food is produced or you don’t believe that it is healthy enough, it isn’t very hard to figure out who is to blame. These mammoth corporations are not in business to look out for the best interests of the American people. Rather, the purpose of these corporations is to maximize wealth for their shareholders. So the American people end up eating billions of pounds of extremely unhealthy food that is loaded with chemicals and additives each year, and we just keep getting sicker and sicker as a society. But these big corporations are raking in big profits, so they don’t really care...

The concentration ratios in the agricultural sector are shocking.

-Four companies own 83.5% of the beef market.
-The top four firms own 66% of the hog industry.
-The top four firms control 58.5% of the broiler chicken industry.
-In the seed industry, four companies control 50% of the proprietary seed market and 43% of the commercial seed market worldwide.
-When it comes to genetically engineered (GE) crops, just one company, Monsanto, boasts control of over 85% of U.S. corn acreage and 91% of U.S. soybean acreage.

The distribution of our food is also very highly concentrated. The graphic shared below was created by Oxfam International, and it shows how just 10 gigantic corporations control almost everything that we buy at the grocery store…

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