Posted on 02/18/2014 7:09:28 AM PST by Nachum
The banker suicide wave that started in late January has now become an epidemic, and it seems to be focusing on one bank: JP Morgan.
After the first suicide that took place in JPM's London headquarters, ending the life of 39 year old Gabriel Magee, a vice president in the investment bank’s technology department, next it was 37 year old Ryan Crane, an executive director in the firm's program trading division, who died under still unknown circumstances.
Moments ago a third JPMorgan banker committed suicide, this time at the JPMorgan Charter House Asia headquarters in central Hong Kong, where a 33 year old man who was said to have been an FX trader for JPM, just jumped to his death.
Not much is known yet about the circumstances of the suicide, however according to early reports, the man was 33-years-old, surnamed Lee, and believed to be a forex trader for JP Morgan.
Commuters noticed the man at the top of Chater House around 2pm to 3pm in the afternoon and called the police but policemen who arrived at the scene failed to convince the man not to jump. The deceased was sent to the hospital immediately but was pronounced dead on arrival. As several lanes on Connaught Road Central were closed because of the incident, traffic in the area were chaotic.
(Excerpt) Read more at zerohedge.com ...
all out of golden parachutes, it seems.
It’s called “gold” or “silver”. Pallatives are 0 debt...
If you dangle them over the edge, you can get all their passwords before you drop them.
Great picture.
They say there is no bad advertising. This picture of their forex guy standing over their corporate logo about to jump to his death is going to test that theory.
Three guys in a couple of months. All insiders. All suicides. Wonder what the suicide notes said?
I’d pay the price of a hardbound book to see those notes.
There have been other bankers to commit suicide. One guy from Russell Investing. Another was a BofA intern. And then the other was a retired Deutche Bank exec - in my view he shouldn't be included.
Sounds like it’s time for somebody to find out if all these birds were involved in some big money deal where somebody really powerful got cleaned out.
“Skim a Mafia casino? Sure, no problem. And what could they do if they find out? It’s not like they can run to the police or anything.”
According to several JP Morgan employees, the man was a junior-level investment banker.
We shouldn’t underestimate the gravity of the situation.
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