Second JPMorgan Banker Jumps To His Death
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  1. #1

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    Second JPMorgan Banker Jumps To His Death

    The banker suicide wave that started in late January has now become an epidemic, and it seems to be focusing on one bank: JP Morgan.

    Perhaps what is most notable about this particular death is the reference that the man was involved with FX trading: as is well-known, this is a hot topic for banks around the world, as it is expected to be the next Libor-manipulation like bonanza for regulators and enforcers. Did he know too much?

    Second JPMorgan Banker Jumps To His Death: Said To Be 33 Year Old Hong Kong FX Trader | Zero Hedge

  2. #2
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    Being somewhat afraid of heights myself it seems weird that so many of them choose, or "choose"(wink), this sort of ending?

    But the epidemic seems foreboding somehow. When wall street started failing before the depression this was pretty common wasn't it?
    Thomas Paine-
    "Government even in its best state is but a necessary evil," Paine wrote, and "in its worst state an intolerable one." Like many Americans today, Paine believed that government added insult to injury by using tax dollars in ways that were actually harmful to the public. "When we suffer," wrote Paine, "or are exposed to the same miseries by a government which we might expect in a country without government, our calamities are heightened by reflecting that we furnish the means by which we suffer." To Paine, "securing freedom and property to all men, and, above all things, freedom of religion," were the only legitimate functions of government. Americans generally agreed, and went to war to achieve this vision.
    http://mises.org/freemarket_detail.aspx?control=233

    "People whose lives are barren and insecure seem to show a greater willingness to obey than people who are self-sufficient and self-confident. To the frustrated, freedom from responsibility is more attractive than freedom from restraint. They are eager to barter their independence for relief of the burdens of willing, deciding and being responsible for inevitable failure. They willingly abdicate the directing of their lives to those who want to plan, command and shoulder all responsibility." ~Eric Hoffer “The True Believer”

    The ultimate result of shielding men from the effects of folly is to fill the world with fools. --Herbert Spencer, English Philosopher (1820-1903)

  3. #3
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    Dave44,
    In 1929, Will Rogers observed, "When Wall Street took that tail spin, you had to stand in line to get a window to jump out of, and speculators were selling space for bodies in the East River."
    Don.....

  4. #4
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    Quote Originally Posted by Mackaydon View Post
    Dave44, In 1929, Will Rogers observed, "When Wall Street took that tail spin, you had to stand in line to get a window to jump out of, and speculators were selling space for bodies in the East River." Don.....
    Good Quote! I would like it but it feels like that would be celebrating a dark shadow. I hope it isn't nearly that bad, The whole world would be on fire if it happened, because the worlds monetary systems have been tied together.
    Thomas Paine-
    "Government even in its best state is but a necessary evil," Paine wrote, and "in its worst state an intolerable one." Like many Americans today, Paine believed that government added insult to injury by using tax dollars in ways that were actually harmful to the public. "When we suffer," wrote Paine, "or are exposed to the same miseries by a government which we might expect in a country without government, our calamities are heightened by reflecting that we furnish the means by which we suffer." To Paine, "securing freedom and property to all men, and, above all things, freedom of religion," were the only legitimate functions of government. Americans generally agreed, and went to war to achieve this vision.
    http://mises.org/freemarket_detail.aspx?control=233

    "People whose lives are barren and insecure seem to show a greater willingness to obey than people who are self-sufficient and self-confident. To the frustrated, freedom from responsibility is more attractive than freedom from restraint. They are eager to barter their independence for relief of the burdens of willing, deciding and being responsible for inevitable failure. They willingly abdicate the directing of their lives to those who want to plan, command and shoulder all responsibility." ~Eric Hoffer “The True Believer”

    The ultimate result of shielding men from the effects of folly is to fill the world with fools. --Herbert Spencer, English Philosopher (1820-1903)

 

 

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