Two Senior Level American Bankers Commit Suicide in London (March, politicians, financial)
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The Liechtenstein government and the country’s Financial Market Authority “illegally destroyed my investment company Hermann Finance and its funds, depriving me of my livelihood,” according to a website registered under the name Juergen Hermann of Hermann Finance AG.
He has filed lawsuits seeking recovery of 200 million Swiss francs ($225 million) from the government and 33 million francs from Bank Frick, according to the website. The lender “illegally enriched itself,” among other alleged crimes, it said.
A CIA employee also just fell to their death recently in Mclean, VA, but seems little information is being reported.
The Liechtenstein government and the country’s Financial Market Authority “illegally destroyed my investment company Hermann Finance and its funds, depriving me of my livelihood,” according to a website registered under the name Juergen Hermann of Hermann Finance AG.
He has filed lawsuits seeking recovery of 200 million Swiss francs ($225 million) from the government and 33 million francs from Bank Frick, according to the website. The lender “illegally enriched itself,” among other alleged crimes, it said.
A CIA employee also just fell to their death recently in Mclean, VA, but seems little information is being reported.
Interesting. Also notable is that in 2009 the CFO of ABN was found dead with shotgun wounds. I believe both CEO Schmittmann and the CFO of ABN stepped down from their positions a year earlier in 2008.
the wacky thing is, the bankers have been giving scads of money to Obama for YEARS...
Why is that wacky?
It's pretty common knowledge by now that our last few Presidents have just been puppets and shills for Multi-National Corporations and Banks. Our global financial system led by The Federal Reserve and Bank of England plays both sides and selects candidates. Goldman Sachs donated massively to Obama in 2008 yet did the same with Romney in 2012.
No offense, but anybody still blaming Bush or Obama or playing the partisan game just doesn't get it.
the wacky thing is, the bankers have been giving scads of money to Obama for YEARS...
They give scads of money to both parties....just like the oil companies and the major corporations. Unlike most partisan voters those companies aren't stupid.
It's pretty common knowledge by now that our last few Presidents have just been puppets and shills for Multi-National Corporations and Banks. Our global financial system led by The Federal Reserve and Bank of England plays both sides and selects candidates. Goldman Sachs donated massively to Obama in 2008 yet did the same with Romney in 2012.
No offense, but anybody still blaming Bush or Obama or playing the partisan game just doesn't get it.
The IMF reform push is heating up all the more. Need to watch Russia and China actions recently. They are all pointing in the same direction, just becoming more intense.
Should note the CIA employee was reported to have actually fallen from five stories in Fairfax not McLean. It is also reported as a Sr CIA official. Details are fairly non-existent.
http://freebeacon.com/national-secur...arent-suicide/
quote:
“We can confirm that there was an individual fatally injured at a facility where agency work is done,” White told the Washington Free Beacon. “He was rushed to a local area hospital where he subsequently died. Due to privacy reasons and out of respect for the family, we are not releasing additional information at this time.”
...
A source close to the agency said the man who died was a middle manager and the incident occurred after the man jumped from the fifth floor of a building in Fairfax County.
Interesting. Also notable is that in 2009 the CFO of ABN was found dead with shotgun wounds. I believe both CEO Schmittmann and the CFO of ABN stepped down from their positions a year earlier in 2008.
If one looks at both the Bank and especially its subsidiary (Crystal) they are involved in derivative/ETF trading. They list among their services financial engineering, as well.
...
The best known critic of financial engineering is Nassim Taleb, a professor of financial engineering at Polytechnic Institute of New York University [18] who argues that it replaces common sense and leads to disaster. Many other authors have identified specific problems in financial engineering that caused catastrophes: Aaron Brown[19] named confusion between quants and regulators over the meaning of “capital”, Felix Salmon[20] gently pointed to the Gaussian copula, Ian Stewart[21] criticized the Black-Scholes formula, Pablo Triana[22] dislikes Value-at-Risk and Scott Patterson [23][24] accused quantitative traders and later high-frequency traders.
A gentler criticism came from Emanuel Derman[25] who heads a financial engineering degree program at Columbia University. He blames over-reliance on models for financial problems.
The financial innovation often associated with financial engineers was mocked by former chairman of the Federal Reserve Paul Volcker in 2009 when he said it was a code word for risky securities, that brought no benefits to society. For most people, he said, the advent of the ATM was more crucial than any asset-backed bond.[26]
The above doesn't matter....all that the lefties will see is "bankers commit suicide!" and run with it.
Yep and dopers do it daily.
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