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Offline rangerrebew

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Third Banker, Former Fed Member, "Found Dead" Inside A Week


 Tyler Durden on 01/31/2014 22:05 -0500

If the stock market were already crashing then it would be simple to blame the dismally sad rash of dead bankers in the last week on that - certainly that was reflected in 1929. However, for the third time in the last week, a senior financial executive has died in what appears to be a suicide. As Bloomberg reports, following the deaths of a JPMorgan senior manager (Tuesday) and a Deutsche Bank executive (Sunday), Russell Investments' Chief Economist (and former Fed economist) Mike Dueker was found dead at the side of a highway in Washington State. Police said the death appeared to be a suicide.

Via Bloomberg,


Mike Dueker, the chief economist at Russell Investments, was found dead at the side of a highway that leads to the Tacoma Narrows Bridge in Washington state, according to the Pierce County Sheriff’s Department. He was 50.

 

He may have jumped over a 4-foot (1.2-meter) fence before falling down a 40- to 50-foot embankment, Pierce County Detective Ed Troyer said yesterday. He said the death appeared to be a suicide.

 

Dueker was reported missing on Jan. 29, and a group of friends had been searching for him along with law enforcement. Troyer said Dueker was having problems at work, without elaborating.

 

Dueker was in good standing at Russell, said Jennifer Tice, a company spokeswoman. She declined to comment on Troyer’s statement about Dueker’s work issues.

But as Michael Snyder noted recently, if the stock market was already crashing, it would be easy to blame the suicides on that.  The world certainly remembers what happened during the crash of 1929...


Historically, bankers have been stereotyped as the most likely to commit suicide. This has a lot to do with the famous 1929 stock market crash, which resulted in 1,616 banks failing and more than 20,000 businesses going bankrupt.

 

The number of bankers committing suicide directly after the crash is thought to have been only around 20, with another 100 people connected to the financial industry dying at their own hand within the year.

Dueker had also been a research economist at the St. Louis Fed:


He published dozens of research papers over the past two decades, many on monetary policy, according to the St. Louis Fed’s website, which ranks him among the top 5 percent of economists by number of works published. His most-cited work was a 1997 paper titled “Strengthening the case for the yield curve as a predictor of U.S. recessions,” published by the reserve bank while he was a researcher there.

So, with stocks a mere 4% off their highs, are so many high ranking and well respected bankers committing suicide?

http://www.zerohedge.com/news/2014-01-31/third-banker-former-fed-member-found-dead-inside-week

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« Last Edit: February 01, 2014, 06:55:49 AM by rangerrebew »
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Offline happyg

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Re: Third banker, former Fed. member, "found dead" (suicides?) in a week
« Reply #1 on: February 01, 2014, 11:23:37 AM »
I wonder if they had help?  **nononono*

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Re: Third banker, former Fed. member, "found dead" (suicides?) in a week
« Reply #2 on: February 01, 2014, 12:23:49 PM »
Sounds more like someone is hunting to me.

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Offline mountaineer

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Re: Third banker, former Fed. member, "found dead" (suicides?) in a week
« Reply #3 on: February 01, 2014, 02:04:54 PM »
Quote
He may have jumped over a 4-foot (1.2-meter) fence before falling down a 40- to 50-foot embankment, Pierce County Detective Ed Troyer said yesterday. He said the death appeared to be a suicide.
That's as improbable and unlikely a suicide attempt as the fellow in Bill Clinton's Arkansas who "committed suicide" with two shotgun blasts to the back of his own head.
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Offline rangerrebew

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Re: Third banker, former Fed. member, "found dead" (suicides?) in a week
« Reply #4 on: February 02, 2014, 09:23:08 AM »
That's as improbable and unlikely a suicide attempt as the fellow in Bill Clinton's Arkansas who "committed suicide" with two shotgun blasts to the back of his own head.

One of the 47 Clinton associates who have met an early demise was decapitated and it, too , was ruled a suicide. :whistle:
Abraham Lincoln:

There is no grievance that is a fit object of redress by mob law.
--January 27, 1838 Lyceum Address

Don't interfere with anything in the Constitution. That must be maintained, for it is the only safeguard of our liberties. And not to Democrats alone do I make this appeal, but to all who love these
great and true principles.
--August 27, 1856 Speech at Kalamazoo, Michigan

Let us then turn this government back into the channel in which the framers of the Constitution originally placed it.
--July 10, 1858 Speech at Chicago

Offline Chieftain

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Re: Third banker, former Fed. member, "found dead" (suicides?) in a week
« Reply #5 on: February 02, 2014, 09:48:03 AM »

Offline Gazoo

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Re: Third banker, former Fed. member, "found dead" (suicides?) in a week
« Reply #6 on: February 02, 2014, 11:23:12 AM »
Anyone with more brains and common sense then a rag doll can feel something is coming regarding our economy. The frightening thing is, even though he did nothing to help stop a crash, having Obama as the President during any time of crisis is horrifying.
"The Tea Party has a right to feel cheated.

When does the Republican Party, put in the majority by the Tea Party, plan to honor its commitment to halt the growth of the Federal monolith and bring the budget back into balance"?

Offline Gazoo

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"The Tea Party has a right to feel cheated.

When does the Republican Party, put in the majority by the Tea Party, plan to honor its commitment to halt the growth of the Federal monolith and bring the budget back into balance"?

Offline Gazoo

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Re: Third banker, former Fed. member, "found dead" (suicides?) in a week
« Reply #8 on: February 02, 2014, 03:21:58 PM »
No one cares if the stock markets crash soon; Romney has a horse and car elevator and Christie caused traffic on a bridge.



AND honey boo boo is on :rollseyes:



« Last Edit: February 02, 2014, 03:27:41 PM by Gazoo »
"The Tea Party has a right to feel cheated.

When does the Republican Party, put in the majority by the Tea Party, plan to honor its commitment to halt the growth of the Federal monolith and bring the budget back into balance"?

Offline mountaineer

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Re: Third banker, former Fed. member, "found dead" (suicides?) in a week
« Reply #9 on: February 02, 2014, 03:28:53 PM »
No one cares if the stock markets crash soon; Romney has a horse and car elevator and Christie caused traffic on a bridge.
AND honey boo boo is on :rollseyes:
And the Mooch has toned arms.
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Re: Third banker, former Fed. member, "found dead" (suicides?) in a week
« Reply #10 on: February 02, 2014, 03:29:11 PM »
She's certainly gone downhill since her starring role as Jabba the Hutt.
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Offline Gazoo

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Re: Third banker, former Fed. member, "found dead" (suicides?) in a week
« Reply #11 on: February 02, 2014, 03:35:54 PM »




"The Tea Party has a right to feel cheated.

When does the Republican Party, put in the majority by the Tea Party, plan to honor its commitment to halt the growth of the Federal monolith and bring the budget back into balance"?

Offline Luis Gonzalez

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Re: Third banker, former Fed. member, "found dead" (suicides?) in a week
« Reply #12 on: February 02, 2014, 03:37:42 PM »
The Obama economic collapse is just around the corner
“[Euthanasia] is what any State medical service has sooner or later got to face. If you are going to be kept alive in institutions run by and paid for by the State, you must accept the State’s right to economize when necessary …” The Ministry of Fear by Graham Green (New York: Penguin Books [1943] 2005, p. 165).

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Re: Third banker, former Fed. member, "found dead" (suicides?) in a week
« Reply #13 on: February 02, 2014, 03:43:01 PM »
They have exhausted their resources and cannot prop it up any longer.

The markets are about to take a BIG hit.

Offline Gazoo

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Re: Third banker, former Fed. member, "found dead" (suicides?) in a week
« Reply #14 on: February 02, 2014, 04:05:02 PM »
They have exhausted their resources and cannot prop it up any longer.

The markets are about to take a BIG hit.




Whose fault will it be?

A-


B-

C-


D-
"The Tea Party has a right to feel cheated.

When does the Republican Party, put in the majority by the Tea Party, plan to honor its commitment to halt the growth of the Federal monolith and bring the budget back into balance"?

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Re: Third banker, former Fed. member, "found dead" (suicides?) in a week
« Reply #15 on: February 02, 2014, 05:19:03 PM »
Obama’s Secret Treaty Which Will Merge America More Deeply Into The Emerging One World Economic System

Did you know that the Obama administration is negotiating a super secret "trade agreement" that is so sensitive that he isn't even allowing members of Congress to see it?  The Trans-Pacific Partnership is being called the "NAFTA of the Pacific" and "NAFTA on steroids", but the truth is that it is so much more than just a trade agreement.  This treaty has 29 chapters, but only 5 of them have to do with trade.  Most Americans don't realize this, but this treaty will fundamentally change our laws regarding Internet freedom, health care, the trading of derivatives, copyright issues, food safety, environmental standards, civil liberties and so much more.  It will also merge the United States far more deeply into the emerging one world economic system.  Initially, twelve nations will be a party to this treaty including the United States, Mexico, Canada, Japan, Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore and Vietnam.  Together, those nations represent approximately 40 percent of global GDP.  It is hoped that additional nations such as the Philippines, Thailand and Colombia will join the treaty later on.

There are some very good reasons why Obama does not want the American people to know anything about what is in this treaty.  This agreement will impose very strict Internet copyright rules on the American people, it will ban all "Buy American" laws, it will give Wall Street banks much more freedom to trade risky derivatives and it will force even more domestic manufacturing offshore.

It contains a whole host of things that Obama would be unable to get through Congress on his own.  But he is hoping to spring this on Congress at the last minute and get them to agree to this "free trade agreement" before they realize all of the things that are contained in it.

https://wikileaks.org/tpp/
"The Tea Party has a right to feel cheated.

When does the Republican Party, put in the majority by the Tea Party, plan to honor its commitment to halt the growth of the Federal monolith and bring the budget back into balance"?

Offline mountaineer

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Re: Third banker, former Fed. member, "found dead" (suicides?) in a week
« Reply #16 on: February 02, 2014, 06:34:11 PM »
Serious question here:  if the market is headed for a big crash, what should those of us who tried to plan for our retirements by investing in stocks and mutual funds do to mitigate the impact? Cash out and pay whopping capital gains?
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Offline Right_in_Virginia

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Re: Third banker, former Fed. member, "found dead" (suicides?) in a week
« Reply #17 on: February 02, 2014, 09:06:10 PM »
Quote
He may have jumped over a 4-foot (1.2-meter) fence before falling down a 40- to 50-foot embankment, Pierce County Detective Ed Troyer said yesterday. He said the death appeared to be a suicide.

This was a suicide?  Sounds more like someone running for his life.   :pondering:
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Re: Third banker, former Fed. member, "found dead" (suicides?) in a week
« Reply #18 on: February 02, 2014, 09:26:04 PM »
Serious question here:  if the market is headed for a big crash, what should those of us who tried to plan for our retirements by investing in stocks and mutual funds do to mitigate the impact? Cash out and pay whopping capital gains?

Shift your portfolio to crash proof stocks. People will still need to eat, so food retail, especially the budget ones, is a good call. Oil and gas are not going to decrease in demand. Oddly, one of our investments that pays out very well yearly and is pretty much crash proof is in a chain of funeral homes. People do keep dying and needing to be buried. You can't really go wrong with munitions companies.

Bit of gold - not much, it's a mugs game since the value is what people say it is. Make sure you have the physical gold, not the gold certificates (unless you think you are going to run out of TP).

Cash on hand - We try to keep a few thousand in cash. Habit will keep people accepting it long after it is worthless.

If you can swing it outright, buy a rental home or two. First thing to go in a big crash is the family home, so there will be a lot of people renting suddenly.

As far as capital gains goes - our laws are enough different from yours that I wouldn't know.
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Re: Third banker, former Fed. member, "found dead" (suicides?) in a week
« Reply #19 on: February 02, 2014, 09:27:59 PM »
This was a suicide?  Sounds more like someone running for his life.   :pondering:

That's what I thought (reply 2).
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Offline DCPatriot

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Re: Third banker, former Fed. member, "found dead" (suicides?) in a week
« Reply #20 on: February 02, 2014, 10:13:47 PM »
That's what I thought (reply 2).

I referred to this a few days ago on another thread...and when you add the fact he's purged the US Military command...nukes, etc., carrier sizes, etc..

THe millions of rounds of hollow point ammunition make sense.

Let's pray that they're solely used against looters and marauders on the streets.

And not against a wealthy landowner whose ancestors have been 'looting' the country for generations, etc......[/s]
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Re: Third banker, former Fed. member, "found dead" (suicides?) in a week
« Reply #21 on: February 02, 2014, 10:36:47 PM »
I referred to this a few days ago on another thread...and when you add the fact he's purged the US Military command...nukes, etc., carrier sizes, etc..

THe millions of rounds of hollow point ammunition make sense.

Let's pray that they're solely used against looters and marauders on the streets.

And not against a wealthy landowner whose ancestors have been 'looting' the country for generations, etc......[/s]

Can't be him - or if it is, it's outside the channels. They are too sloppy.

I'd speculate: More likely a small group, no more than 5, of people who were damaged by the crash and the bailout.
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Offline DCPatriot

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Re: Third banker, former Fed. member, "found dead" (suicides?) in a week
« Reply #22 on: February 02, 2014, 10:44:00 PM »
Can't be him - or if it is, it's outside the channels. They are too sloppy.

I'd speculate: More likely a small group, no more than 5, of people who were damaged by the crash and the bailout.

I have a Masters in Speculating!   :laugh:

My take would be that the weakest personalities are being dispatched as a warning to the rest that will be on the Board or who know exactly what type of hanky panky has been going on with the numbers.

Where does that $83 Billion go exactly, and who's getting rich buying and selling.  How did they get their information?  NSA phone taps?  records of emails and planned business announcements?

Occam's Razor....
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Re: Third banker, former Fed. member, "found dead" (suicides?) in a week
« Reply #23 on: February 02, 2014, 10:45:18 PM »
Occupy vigilante after the 1%?
Никогда не обманывайте себя мыслью, что вы «влияете» или вносите изменения в Интернет. Это эфемерное удовольствие.

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Re: Third banker, former Fed. member, "found dead" (suicides?) in a week
« Reply #24 on: February 02, 2014, 10:54:48 PM »
Occupy vigilante after the 1%?

Now, that does seem plausible.   :pondering:
"It aint what you don't know that kills you.  It's what you know that aint so!" ...Theodore Sturgeon

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