The rash of banker deaths throughout 2014 have been mostly ruled suicides, with a handful being apparently murders. Speculation has been widespread that many of those ruled suicides were in fact murders as well, due to their often bizarre circumstances.
For instance, around 7 am on April 7th, the CEO of a major financial institution was found dead. This time, there was no doubt as to whether the death was a suicide or not. The other deaths, which we have reported on over the past few months, have been ruled suicides, in spite of their sometimes bizarre details (like being shot in the head repeatedly with a nail gun).
But now, many are beginning to question whether bank CEOs themselves are in fact behind the string of deaths, in order to cash in on the insurance.
As it turns out, banks take out life insurance policies on many of their employees. Those policies pay out death benefits to the banks rather than the families… No, seriously, they pay out to the banks, not the families.
A new book by James Rickards, draws on this motive to piece together what might be happening behind the scenes with regards to these deaths. In his newly released, The Death of Money, Rickards – who is both a Washington insider and a Wall Street insider – as a hedge fund manager and a lawyer, amongst other roles, explains that he advised the government during the collapse of Long Term Capital Management (LTCM), as well as during the release of the hostages during the Iran Hostage Crisis of 1981.
Rickards provides an eyewitness account of 9/11 insider “terror trading” that was conveniently excluded from the government’s report on the matter. But in addition to that, he provides a plausible motive for all the deaths of international bankers that seem to have kicked off in since December of last year.
More to the point, many of the banker deaths have the same institution in common: JP Morgan.
Joseph M. Ambrosio, 34, of Sayreville, New Jersey, died on December 7, 2013 at Raritan Bay Medical Center, Perth Amboy, New Jersey. He was a Financial Analyst for J.P. Morgan Chase in Menlo Park.
Jason Alan Salais, 34, died suddnely December 15, 2013 just outside of a Walgreens in Pearland, Texas. The cause of death was said to have been a heart attack. Salais was involved with Client Technology Service “L3 Operate Support” and previously “FXO Operate L2 Support” at JPMorgan.
Gabriel Magee, 39, died either on January 27, 2014 or early in the morning of January 28, 2014. Magee was discovered on a 9th level rooftop at the Canary Wharf European headquarters of JPMorgan Chase at 25 Bank Street, London. His area of focus was “Technical architecture oversight for planning, development, and operation of systems for fixed income securities and interest rate derivatives.”
Ryan Crane, 37, died February 3, 2014, at his home in Stamford, Connecticut. His death was ignored by all major media outlets for a week and a half when it was mentioned in passing by a a few online sources.
Dennis Li (Junjie), 33, died February 18, 2014 after allegedly “falling” from the 30-story Chater House office building in Hong Kong where JPMorgan leased the upper floors. Li worked in the finance department for the company.
Kenneth Bellando, 28, was found dead near his East Side Manhattan apartment on March 12, 2014. The building from which Bellando was said to have jumped from to commit suicide was only six stories high: hardly suitable for a certain death if suicide was Bellando’s goal. Bellando worked for JPMorgan Chase as an analyst and was the brother of JPMorgan employee John Bellando, who was referenced in the Senate Permanent Subcommittee on Investigations’ report on how JPMorgan had hid losses and lied to regulators in the London Whale derivatives trading scandal. That testimony resulted in company losses of at least $6.2 billion.
Until now, the presumed motive for these banker deaths has been silencing individuals who perhaps were going to go public with information about some sort of illegal financial activity. But while this is plausible, it is purely speculative. Could Rickard’s suggestion of bankers collecting insurance money be a more plausible explanation? Or are they perhaps tied in together?
(Article by James Achisa)