Banker Billionaire and Real Estate Suicides Growing

Moderators: Elvis, DrVolin, Jeff

Banker Billionaire and Real Estate Suicides Growing

Postby vigilant » Wed Jan 07, 2009 7:25 pm

These stories are not complete but I have provided the links to the full stories.

Suicide banker found hanged in five-star hotel had blown a fortune on women and drugs
By James Millbank http://www.dailymail.co.uk/news/article ... l?ITO=1490

Last updated at 12:58 PM on 04th January 2009
Comments (16)
Add to My Stories
A senior HSBC banker found hanged in a five-star London hotel is believed to have spent tens of thousands of pounds on cocaine and women in the months leading up to his death.
Christen Schnor, who was independently wealthy, had regularly gone missing from his six-figure post as he embarked on a personal journey of destruction.
Sources say Mr Schnor, who was a close friend of the Danish royal family, had been squandering large chunks of his family’s fortune. (more at link above)
----------------------------------------------------------------------------------------------------------------------------------------------

Credit crunch banker leaps to his death in front of express train
By Christopher Leake http://www.dailymail.co.uk/news/article ... train.html
The City was in shock last night after the apparent suicide of a millionaire financier haunted by the pressures of dealing with the credit crunch.
Kirk Stephenson, who was married with an eight-year-old son, died in the path of a 100mph express train at Taplow railway station, Berkshire.
Mr Stephenson is believed to have taken his own life after succumbing to mounting personal pressures as the world’s financial markets went into meltdown.
The death of the respected 47-year-old City figure evokes memories of the 1929 Wall Street crash in America and comes as: (more at link above)

-----------------------------------------------------------------------------------------------------------------------------------------------------
Indicted Banker's Desperate Murder-Suicide
Iowa Father Killed Wife, Four Small Children Before Slamming Van Into Highway Abutment
By DAVID SCHOETZ
March 26, 2008
http://abcnews.go.com/US/story?id=4521545&page=1
A desperate Iowa banker facing federal embezzlement and money laundering charges murdered his wife and four young children in their home before killing himself yesterday by slamming the family minivan into a concrete highway abutment, Iowa City police announced Tuesday evening. (more at link above)

-------------------------------------------------------------------------------------------------------------
JURY SAYS BARNEY COMMITTED SUICIDE; Banker's Widow Testifies That He Had Been Depressed for Several Days Before the Shooting. O'HANLON AGAINST VERDICT Coroners' Physician Declares It Could Not Have Been a Case of Suicide -- Died Under Anaesthetic.
http://query.nytimes.com/gst/abstract.h ... 946697D6CF
After listening to testimony for more than an hour and deliberating for ten minutes, a Coroner's jury rendered a verdict yesterday to the effect that the late Charles T. Barney, formerly President of the Knickerbocker Trust Company, came to his death by hemorrhage from a pistol shot wound, inflicted with suicidal intent. (more at link above)
--------------------------------------------------------------------------------------------------------------------
Ruined Madoff Investor's Gruesome Suicide Scene http://gawker.com/5117204/ruined-madoff ... cide-scene
Thierry de la Villehuchet, CEO of Access International Advisors, a money-management operation who placed investors' funds in Madoff vehicles, stabbed himself to death with a box cutter after taking sleeping pills, according to New York Police Commissioner Ray Kelly, who spoke to Bloomberg. (more at link above)
------------------------------------------------------------------------------------------------------------------------
Real-Estate Executive Found Dead in Apparent Suicide
http://online.wsj.com/article/SB123127267562558295.html
CHICAGO -- Real-estate executive Steven L. Good was found dead of an apparently self-inflicted gunshot wound Monday in his Jaguar in a forest preserve outside Chicago, said the Kane County Sheriff's Department. (more at link above)
---------------------------------------------------------------------------------------------------------------------
German Billionaire Adolf Merckle Commits Suicide
January 6th, 2009
Via: Reuters: http://news.google.com/news?nolr=1&hl=e ... tnG=Search

German billionaire Adolf Merckle, assailed by financial turmoil and struggling to salvage his business empire, has killed himself, his family said on Tuesday.
“The desperate situation of his companies caused by the financial crisis, the uncertainties of the last few weeks and his powerlessness to act, have broken the passionate family entrepreneur and he took his own life,” a family statement said.
(more at link above)
--------------------------------------------------------------------------------------------------------------------------------------------------------
Banker Suicide: Manager of Secondary Marketing Stabs Herself to Death
December 22nd, 2008 http://cryptogon.com/?p=5802
Keep in mind that secondary marketing refers to the securitization and selling of mortgage backed securities.
So, Kristy Hunt resigned her position as the secondary market manager for Community Bank & Trust’s mortgage department, and a few days later she stabbed herself to death with a small kitchen knife?
Oh sure.
Via: Springfield Business Journal:
An autopsy of Joplin banker Kristy Hunt has revealed she died of self-inflicted wounds, the Joplin Police Department said Thursday.
Hunt, 49, reportedly worked as secondary market manager for Community Bank & Trust’s mortgage department at the bank’s 414 E. 32nd St. location in Joplin, before resigning late last week. (more at link above)
------------------------------------------------------------------------------------------------------------------------------------
Monday, December 15, 2008

Kevin of Cryptogon
comments on the Madoff case:

Madoff Claims to Have Acted Alone.

Impossible.

It’s like I said when the news first broke. He’s trying to stay alive. This one goes all the way up the ladder. One wrong word and he’s dead, his family is dead, etc. He knows it. He’s sticking to a script.

For the first time, I’m preemptively adding a story, this story, to the Assassination category. People involved with this, at the levels we don’t even know about yet, mainly, the management of day-to-day operations, are probably already dead. I could be wrong, but far less serious situations than this have produced corpses.
-----------------------------------------------------------------------------------------
Julius Baer CEO: Suicide http://www.reuters.com/article/ousiv/id ... 05?sp=true
Alex Widmer, the chief executive of Bank Julius Baer and a well respected figure in Swiss private banking, has died unexpectedly at the age of 52, the bank said.
A source told Reuters he had been informed by close friends of Widmer’s family that the banker had committed suicide.
Swiss news website 20Minuten cited two unnamed independent sources as saying it was a case of suicide.
-------------------------------------------------------------------------------------------------------------------
Senior Barclays Executive, in Charge of Assets Worth £133 Billion in 21 Countries, Killed by Street Gang
September 30th, 2008 http://cryptogon.com/?p=4300
Via: Times Online:
Detectives hunting the killers of a senior banking executive are today hunting for at least five men who are believed to have been caught on CCTV running from the scene of the street attack early on Sunday morning.
Frank McGarahan, 45, the chief operating officer of Barclays Wealth, in charge of assets worth £133 [...]
The whole world is a stage...will somebody turn the lights on please?....I have to go bang my head against the wall for a while and assimilate....
vigilant
 
Posts: 2210
Joined: Thu Sep 13, 2007 9:53 pm
Location: Back stage...
Blog: View Blog (0)

another jumper

Postby dqueue » Wed Jul 08, 2009 11:39 am

BBC reports on a young banker found dead on the sidewalk below a rooftop restaurant in London. His death was a couple days after he had been sent home early pending an investigation into an "IT-related matter", but one day before he was to talk with management regarding said matter. BBC saw fit to report he was also upset about the death of Michael Jackson. Weird.

On edit: Oops; he wasn't a billionaire, just a young banker.
User avatar
dqueue
 
Posts: 432
Joined: Mon May 02, 2005 5:02 pm
Location: DC
Blog: View Blog (0)

Postby smiths » Wed Jul 08, 2009 8:54 pm

Jean-Pierre Aguilar, co-founder and CEO of France’s largest hedge fund, died in a gliding accident over the weekend.

http://www.finalternatives.com/node/8427


Lastly, and somewhat most peculiarly, Jean-Pierre Aguillard (together with his co-pilot), died in a freak glider accident over the weekend. Many have not heard of Aguilard: it may be surprising for people to learn that he is the French equivalent of Jim Simons, as his firm Capital Fund Management, with $2.7 billion in assets, is one of the largest French hedge funds and at the forefront of electronic and program trading. Curiously, CFM was in the news as recently as on April 22, 2009, CFM replaced its legacy market data distribution system with NYSE Technologies' Market Data Platform at its New York and Paris operations. In fact Automated Trader has quite an in depth article on what happened a mere two months ago in an article titled "Capital Fund Management selects NYSE Technologies for new electronic trading platform."

NYSE Technologies has announced that Capital Fund Management (CFM), the French private hedge fund, has licensed its high-speed real-time market data distribution and integration software.

CFM has replaced its legacy market data distribution system with NYSE Technologies' Market Data Platform at its New York and Paris operations. NYSE Technologies’ sub-millisecond feed handlers and high performance Middleware Agnostic Messaging API (MAMA) deliver data to CFM’s trading systems, which handle 100% of the firm’s order flow electronically.

Jacques Sauliere, Chief Operating Officer at CFM, commented, “Since we connect to all major US, European and Asian markets, NYSE Technologies was the clear choice considering the breadth of coverage available through its extensive range of feed handlers, its cutting-edge market data distribution platform and comprehensive value-added services.”

NYSE Technologie will provides CFM with connectivity to a mix of direct market data feeds including NYSE OpenBook, NYSE ARCA Options, NASDAQ ITCH and CME Multicast. This is complemented with connectivity to a vendor consolidated data feed. Sauliere explains, “The consolidated datafeed serves as a back-up, providing the optimal mix of resilience and coverage needed for CFM’s global trading operations.”

Sauliere adds, “During the implementation phase, NYSE Technologies provided us with the ability to work alongside our existing middleware vendor while we transitioned to our new low-latency platform. We were able to consolidate our use of APIs by using its middleware API and write all of our applications to MAMA with the ability to upgrade our middleware in line with technology advances.”

In addition, CFM also uses NYSE Technologies’ Data Access and Reporting Tools (DART) Entitlements to control user and application access to the market data feeds and report on unused or underused market data services. Other value-added services include performance monitoring and a real-time tick capture adapter that consumes data from any industry standard or ODBC database for post-processing of internal data.“CFM is a pioneer in the adoption of pure electronic trading systems generating value for their investors. Being trusted with their business in New York and Paris is something we’re extremely proud of and validates our strategy in serving the buy-side,” said Stanley Young, CEO of NYSE Technologies and Co-Global CIO of NYSE Euronext.

“CFM’s enterprise deployment firmly secures NYSE Technologies as the partner of choice for connectivity, transaction solutions and data management services at the world’s largest and most active trading firms and leading markets.” (highlights mine)


Zero Hedge extends its condolences to Aguilard's family. We, of course, hope that the fund's recent close entanglement with the NYSE for program trading facilitation and the loss of the fund's CEO are purely coincidental, especially in these difficult times for the integrity of program trading courtesy of Goldman Sachs' recently disclosed scandals.


http://zerohedge.blogspot.com/
the question is why, who, why, what, why, when, why and why again?
User avatar
smiths
 
Posts: 2205
Joined: Wed May 18, 2005 4:18 am
Location: perth, western australia
Blog: View Blog (0)


Return to General Discussion

Who is online

Users browsing this forum: No registered users and 45 guests