Credit crunch banker leaps to his death in front of express train

Credit crunch banker leaps to his death in front of express train

www.dailymail.co.uk

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:

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Well, it seems it's started. The first banker jumped to death, but I guess not he is the last one. It seems the Financial Crisis is officially started.

Personal comment: Honestly, I can't feel sorrow for these sort of people, whose are taking their lost money before their loving family and committing suicide.

www.dailymail.co.uk
(visit the link for the full news article)

Great Depression, Part II...

And they're pretty much GUARANTEEING it by passing this billionaire fraud bill.

The top 1% earners will be laughing all the way to the bank (whatever ones are left) while the other 99% suffer indefinitely.

reply to post by Sheridan


What a coward.

Leaving behind an eight year old son because he might not make millions of dollars anymore? I hope ruining the life of a young boy and a wife was worth your potential loss of pieces of paper.

This is not only telling about where the economy is going and what it is doing to people, but a testament of how short sighted, weak, and irrational people are.

Originally posted by DimensionalDetective
And they're pretty much GUARANTEEING it by passing this billionaire fraud bill.

Actually the current headline of CNN is already sounds like they're blackmailing the Government.

This is the headline: Buffett: Bail out economy or face 'meltdown'

If I would be the President, I would simply say, Nay! No bailout! Face the consequences, morons.

I agree with the coward statement.
However we don't get all the details.
He could have had other personal issues with his wife etc we don't know about.
Sounds like he was suffering depression, it might not have just been due to the credit problems.We don't know that.

reply to post by Interestinggg

Yup, coward. I saw a picture back from 1929, where an around 75 years old banker, who lost all his millions sold apples at the corner of Wall Street on the next day in tuxedo and hat. He was able to restart his life.

Every banker, whose played bungee without rope in 1929 suffered in depression. So, I guess we don't have to figure out the details, what might played in his suicide. But let's wait and see how many will jump on the next week...

[edit on 28-9-2008 by Sheridan]

reply to post by Interestinggg


It's never bad enough to take your own life when there are other lives depending on you. That's not what men do. There's no justification for taking more people down with you.

Originally posted by DeadFlagBlues
reply to post by Interestinggg

 

It's never bad enough to take your own life when there are other lives depending on you. That's not what men do. There's no justification for taking more people down with you.

Well, unfortunately in the 21st century, the 75% of the western male population, especially the newer generation is not acting like men at all. Just watch the reality shows and see what I mean under this. And bankers, whose are never really did two handed work... honestly, what do you expect from them?

reply to post by Sheridan


And the reason Buffet is saying that:

At the same time Warren Buffet buys a $5 billion stake of Goldman Sachs that practically guarantees him a return of some 17-20% per year plus possible upsides in the stock price. This because Goldman will likely be the one profiting the most from the big bailout.

[Buffett] made it very clear that he would not have bought anything right now if he wasn't confident Congress will do the "right thing" and approve the financial bailout proposal put forward by Treasury Secretary Henry Paulson.

As he himself admits, Buffett and the other Berkshire shareholders will make $500 to $1,000 million profit per year because the taxpayer will pay for the big losses Wall Street made.

www.moonofalabama.org...

reply to post by Sheridan


Personally, I expect a lot out of them. Men should be men, and this man's selfish and impulsive decisions is identical to the rationale that has thrown us in this predicament. The issue is people getting away with whatever because we're not expecting anything, as we should demand everything.

Who was the person that said they wanted bankers jumping out of building's 1930's style? Well, looks like you got your wish like a day later! I'm sitting here trying to muster-up some sympathy or something but the only people I feel sorry for are his family, and us.

Originally posted by Malynn
Who was the person that said they wanted bankers jumping out of building's 1930's style? Well, looks like you got your wish like a day later!

May I say, I've seen the future and told everyone what to expect?

And yes. The only ones that I also can feel great sorrow is his wife and his lil' child.

Feel sorry for the train driver what choice did he have in the whole situation.

Greedy in life and greedy in choice of death tut tut one of the many to come i suppose.

Well, sometimes it comes down to it that you're worth more dead than alive.

...

Many of you seem to be forgetting this guy's wife and child will be getting a heck of allot of money when he dies.

... In his eyes, living would only have burdened his family with more debt than is physically possible for one family to handle.


So don't be too quick to say he was a coward. There are cases when men eliminate themselves to allow the family to continue eating. He might have just done the same.


But for us, it's a message to batten down the hatches... there's a storm coming.

Originally posted by Sheridan

Well, unfortunately in the 21st century, the 75% of the western male population, especially the newer generation is not acting like men at all. Just watch the reality shows and see what I mean under this. And bankers, whose are never really did two handed work... honestly, what do you expect from them?

Thats what I've been saying for a long time. Go to the city and look at the general population of the rich folk, flabby, out of shape, frail and can't change a tire on there limo if needed.

Then go out to the country and look at farmers and hillbillys (like me ) Most can swing an axe all day and are generally fit and are in good shape as nature intended.

I dunno, its pretty offtopic but it just bugs me to see people in horrible physical condition that don't appreciate anything and have one goal in life: to make more money.

Originally posted by johnsky
Well, sometimes it comes down to it that you're worth more dead than alive.

...

But for us, it's a message to batten down the hatches... there's a storm coming.

However most insurance policies don't pay out if the cause of death was suicide. So if that was the reason that he did it - then it was a waste.

As for your last line... yep a storm is coming... a big one.

Originally posted by Keeval
As for your last line... yep a storm is coming... a big one.

And? Actually it's not really touching us. I believe many of us at ATS, the so called conspirators are already prepared for this lil' stormy.

[edit on 28-9-2008 by Sheridan]

Originally posted by SR
Feel sorry for the train driver what choice did he have in the whole situation.

Greedy in life and greedy in choice of death

Well said.

As time goes by I think we'll find that this gentleman was involved in highly illegal dealings, couldn't face jail time and chose this way out.

I wonder too if he had help finding his way in front of a speeding train?



Didn't Warren Buffet make 20% back on his investment already?


It'll be interesting to see all the riders/earmarks that get attached to the bailout bill.
That's probably the main reason for the delay.