Each year more financial criminality & breakdown was revealed:
Lehman Bros, Bankers’ Mortgage liar loans, “Robo-Signing” fraud, LIBOR scams, Credit Default Swaps, Cyprus 1st of G-SIFI Bail-in policy implementation, FOREX, Energy price manipulation, aluminum price manipulation, mass surveillance, and more…
Regardless how cautious one is in investigating the institutional trend of financiers unexpectedly found dead, mental images of gruesome conspiracy flash by, reminiscent of professional hit stories about the under-world of crime lords.
Below is a report of yet another executive (CEO Richard Talley) found dead. ~Ron
Via The Denver Post
Under investigation, American Title CEO dead in grisly suicide
Richard Talley, 57, and the company he founded in 2001 were under investigation by state insurance regulators at the time of his death late Tuesday, an agency spokesman confirmed Thursday.
It was unclear how long the investigation had been ongoing or its primary focus.
A coroner’s spokeswoman Thursday said Talley was found in his garage by a family member who called authorities. They said Talley died from seven or eight self-inflicted wounds from a nail gun fired into his torso and head.
Also unclear is whether Talley’s suicide was related to the investigation by the Colorado Division of Insurance, which regulates title companies.
A recent study confirmed that control fraud was endemic among our most elite financial institutions: Asset Quality Misrepresentation by Financial Intermediaries: Evidence from RMBS Market. Tomasz Piskorski, Amit Seru & James Witkin (February 2013) (“PSW 2013″).