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

Originally posted by Desert Dawg
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.

Our politicians are all attempting to affix thier own secret mini-bail out packages to the main package for themselves, becuase they know it's going down.



[edit on 28-9-2008 by In nothing we trust]

The misses is being really nice! Is it the credit crunch?

an investor in Belgium tried committing suicide over the financial crisis couple days ago. (he failed)

His investment banker sold him 200.000 € worth of 'guaranteed safe' bonds, but the bank guaranteeing the returns is one of those that went under. And the bank who sold the bonds is weaseling out, referring to the fine print as usual (CITI bank in this instance)

It's not just the bankers who are taking the plunge, regular people who believed the hype are now desperate. Having worked all their lives and having looked forward to a quiet retirement, they now suddenly find themselves on wellfare or sleeping under a bridge.

Desperation can make anybody do stupid things.. you'll never know what you would do if you where in the same predicament unless you're living them. So let's not judge..

*edited for spelling*

[edit on 28-9-2008 by Phatcat]

Originally posted by ufoorbhunter
Is it the credit crunch?

The funny money is almost worthless.

reply to post by In nothing we trust

funny as...........................................................................................

The Major is amused that the concept of FAIL has permeated the corporate ranks, and that despite the merits of an college education and overly generous bonuses the decision to become an hero can still be made.

For this waste of a tailored suit the Major holds no remorse. For the family he left behind the Major offers his condolences, and for any investors that he may have bilked or steered in the wrong direction the Major hopes that they can recover financially. The cowardice of this act in light of what millions endure on a daily basis is staggering. Note to finance types who are about suffer a "setback;" there are people in this world who are devoting every waking moment to procuring their next meal, feel free to indulge yourself in a little belt tightening vice any literal trainspotting.

Dismissed.

This is Truly Sad for his Family, and I trust we all give them our loving thoughts,

Sometimes eh, from his daughter's and wifes point of view all that Glitters is not Gold.

Unfortunately it seems as if this gentleman was very sucessfull, however unusually for being so he was one of the "good" ones, and truly took his job and responsibilities it seems too seriously.

I believe it highlights something approaching that is worse than the US problems. The UK market has not "Crashed" as much quite yet as far as banks and house prices, but the losses per member of the population will be worse then the US system.

However rather than the build up like a Rollercoaster ride, in the US experience, I feel the UK situation will be much worse, and due to the current problems much quicker.

Earthquake like.

1/4 of the UK jobs were/are in the financial Service sector.

Cost of living, tax, Property Costs are all higher in the UK.

Brent Shorting as I alluded to in another post some time back has not come home to roost yet, however maybe not shorting entirely but certainly futures on it.

Look up anyone interested the amount of future Brent (oil) traded, and what they can produce in the life of the field left, on current (without bellcurve/extra cost of extraction) for this. Very lets say Illuminating!

Probably bigger than the current crisis, but even less traceable! and impossible to nationalize!

Maybe this gentleman being an intelligent sort, woke up recently and he took on the guilt of others.

Elf

(I am in no way here supporting the banking families or similair, but he was conditioned too, bless!)

[edit on 28-9-2008 by MischeviousElf]

Kinda feel bad now, I mean suicides bad, but he would rather be dead then live like me..... well adjustments hard, but ouch man. My life in the middle class and under isn't that bad.

If indeed it was because of the credit crunch, what a pathetic, wormy, miserable excuse for a human being leaving behind his family like that.

My sympathy goes to the train drivers more than anything, they would have seen him on the tracks and knew that they couldn't stop the train in time.

It's not like the guy had no savings or other assets.

Geeze, other people have lost their homes and everything else and still carry on.

[edit on 29-9-2008 by mattguy404]

Thats just disgusting, why someone would stoop to that level over a bunch of money, his family obviously wasn't even important, maybe he had accidental death insurance or something, what a wingnut...

We have had two suspicious deaths and one suicide here in Bend, Oregon. All three were developers. The saddest one to me is the one who was found near some falls. He had invested in The Shire, which was a development designed after the Lord of the Rings. It was a cute if not far fetched idea. The Shire It would take a certain kind of person to want to live there.
One shot himself, and the other fell from a height.
Bend had a huge housing and estate boom. There are many new resort developments that also aren't doing as well as they had predicted.

Here is a picture of one of the tool sheds in the back of one of the houses.

reply to post by Keeval


Actually many insurance policies accept suicide as an acceptable death *IF* the policy is 2 + years old.

Ever considered that dealing with desperate members of the public all day might have taken its toll ?

Maybe he didn't enjoy seeing people losing everything they'd worked for ?

Maybe he suffered deeply every time another member of the public lost their home or livlihood ?

Maybe he was a sensitive man who just decided to end it because he'd run out of ways to fix it ?

So bankers only commit suicide during a financial downturn?

Come on, this guy could have had a million things going on his life that caused him to end it all. This is just pure media speculation, I saw no evidence of him being in any financial difficulty.

well, given the number of "apparent suicides" lately, i am very skeptical to believe what i read. was it a suicide or did he get pushed into the train....we'll prolly never know

If you're going to take your own life, then at least don't involve other people. Whatever the truth, my sympathy is with the train driver. I bet he's feeling really bad. Bankers, they screw you in life and even in death,they don't miss an opportunity to do the same.



[edit on 29-9-2008 by kindred]

This is the advantage that we regular people have over the wealthy fat cats and the financiers. They have no concept of how to survive without money.

Most have no clue how to survive on their own. They have been coddled and have paid people their entire lives to do things for them, even basic functions of life.


Without money and the ability to buy someone else they are useless and helpless. To me it is natures way of selectively weeding out the true weaklings from the survivors.

I welcome the day when money becomes useless and we are all on an even playing field. These people who have never had to work a day in their lives will be chewed up and spit out by people like me who have had to work and struggle and percevere.

The idea of having to struggle to survive terrifies these people's weak sense of self. Me and others like me, it is all we know. I am tested tried and true through life experience, I take solace in the fact that there isnt much I wont be able to survive.

All of these soft minded manicured banker types will one day know what it is like to be hungry and tired, God help them in any scenario where it is survival of the fittest.

They will be exploited, and they know this, that is why taking a flying leap into a train seems like the best option for them. Personally I will take hungry and dirty over dead any day of the week.

Originally posted by BlackOps719
This is the advantage that we regular people have over the wealthy fat cats and the financiers.

Without money and the ability to buy someone else they are useless and helpless. To me it is natures way of selectively weeding out the true weaklings from the survivors.

They don't even know how to lose gracefully. The ship has sailed for these people and they are on thier cell phones with the captain right now demanding that he turn around and pick them up.

I say let them die.

reply to post by Sheridan


Looks like just another planned assassination with suicide as the easy way out. I'm sure they got the video tape or doctored it by now if it was even turned on. I'm sure this plot came complete with planted witnesses. Let's examine every witness carefully and look for any 'abnormal' deposits made to their checking/savings accounts.

This guy worked for the international bankster cartel since day one with Warburg. Now he gets offed cause he either was feared of 'talking' or they were concerned about him being an outstanding liability.

This kind of guy doesn't just jump in front of a train leaving behind a wife, son, and a personal fortune. The motive isn't there. Remember, he was still very rich, and never had an issue with his bosses ways and means. He didn't grow a conscience and jump in front of a train. This guy was most likely murdered. The family needs to conduct a full investigation. I'm sure they'll have a hell of a time gathering any evidence on this one.

[edit on 29-9-2008 by Perseus Apex]

[edit on 29-9-2008 by Perseus Apex]

I remember my dad telling me some of his best memories were during the depression because your relations with people were the measure of your happiness.

My grandfather had a great sense of humor and always managed a story with a laugh in the worst of times when people were going hungry. Well after the Great Depression was said and done and the Great War my Gramps and Pops did very well!! Things change stay flexible.

This fellow lost his perspective and believed the paper yardstick was the measure of success. That's too bad especially for his eight year old and there is nothing in that story that makes me feel morally superior...poor boy I wish him solace or a loving granddad.

You know the Buddhist saying if you feel as though you've burst you must have been a bubble.