Any other topic and we would be rolling on the floor laughing out loud at this silly reporting.
However, Murder and Suicide is no laughing matter.
We should ask were media paid to deceive?
Couple that with an industry with systemic fraud, secrecy and unique institutional authority protected by the powerfully armed government, and you actually have a life threatening crisis, a societal crisis, or more commonly known as Financial Terrorism.
Many labels are fitting, “Corporatocracy”, Fascism, “Banksters”, “Corporate-government”, Money Cartel”, money masters, and other labels that descend into the moral abyss of criminality and tyranny.
The financial industry and government has earned the public’s distrust and disgust as a known and well documented criminal racket.
The banks and government are joined at the wallet.
Serial offender of regulations that were created to safeguard against precisely this sorry state of affairs.
The financial & governance system is based on fraud and thus is fundamentally a criminal international monetary system.
Rather than reforming the current collapsing fraudulent system it should be replaced with a non-fraudulent system. Special privilege of fractional reserve banking must end. ~Ron
A Citigroup Banker Dies – Along With Responsible Press Reporting
By Pam Martens and Russ Martens: November 20, 2014
Depending on where and when you got your news yesterday on the tragic death of Shawn D. Miller, a Managing Director of Wall Street mega bank, Citigroup, you were either emphatically told he died of a suicide or you were led to believe he was murdered. By late evening yesterday, the story had disintegrated into wild speculation. The New York Daily News ran this stunning headline, based on anonymous sources, at 9:22 p.m.: “Banker, 42, slashed his own throat in Manhattan bathtub during drug- and booze-filled bender: sources.”
It is becoming abundantly clear that if you work for a major Wall Street firm and die a sudden death, it will be shaped, molded, twisted and contorted until it fits with the suicide narrative – no matter how strongly the facts argue otherwise.
This is what we can reliably report this morning: Police were called to the scene at 120 Greenwich Street at 3:11 p.m. on Tuesday, November 18, a trendy, upscale area of Tribeca in Lower Manhattan. A friend of Miller’s had become concerned when he could not reach him by phone and called the doorman of the building to ask him to check on him. The doorman found Miller in the tub of his bathroom with knife lacerations to the throat and arms and called the police. EMS responders declared Miller dead at the scene.
All of this occurred on Tuesday afternoon, giving the New York Post plenty of time to check and double check their facts with the New York Police Department. In an on line post at the New York Post web site at 6:30 a.m. yesterday – Wednesday, the day after the death – the New York Post ran the following bold headline: “Banker found dead with throat slit in apparent suicide: cops.” That article reported that the police believed it was a suicide because “a knife was found under his body, sources said.”
But at 3:14 p.m. yesterday, the international wire service, Reuters, reported that “no weapon was found.”
At 4:05 p.m. yesterday, the New York Post ran a new headline: “Hunt on for man last seen with dead Citigroup exec.” This article states that “Police have not yet found the weapon used to cut Miller’s throat,” confirming what was reported by Reuters less than an hour earlier.
But then came the outrageous headline at the New York Daily News at 9:22 p.m. last evening, based on unnamed sources, suggesting that Miller had gone on a drug- and booze-filled bender and killed himself. The newspaper reported: “When crime scene investigators moved Miller’s body, they discovered a knife under him, leading them to believe he slashed his own throat and collapsed into the tub on top of the weapon, sources said.”
The wild and contradictory reporting instantly reminded us of how the London dailies had reported on the tragic death of JPMorgan Vice President, Gabriel Magee, in January of this year. Magee’s body was found in a pool of blood on a ninth floor landing of JPMorgan’s European headquarters building in London.
The London Evening Standard tweeted: “Bankers watch JP Morgan IT exec fall to his death from roof of London HQ,” which linked to their article declaring that “A man plunged to his death from a Canary Wharf tower in front of thousands of horrified commuters today.”
The London Evening Standard’s reporting was flatly contradicted by the Sunday Times, which reported that “Gabriel Magee’s body lay for several hours before it was found at 8am last Tuesday.”
No single witness was ever identified by the police to say they had observed Magee plunging from the top of the building. The ninth floor landing was accessible from an inside stairway of the building, meaning his body could have arrived there through means other than a fall.
Both Citigroup and JPMorgan have paid billions of dollars to settle fraud charges by regulators. Both are also under investigation by the U.S. Justice Department. In addition, both banks hold life insurance on many of their employees. When an employee dies, the death benefit is paid to the corporation tax free.
The practice is called Bank-Owned Life Insurance (BOLI). Just four of Wall Street’s largest banks (JPMorgan, Bank of America, Wells Fargo and Citigroup) hold a total of $68.1 billion in Bank-Owned Life Insurance assets according to their regulatory filings. According to Michael Myers, an expert on BOLI, those assets could potentially mean that just these four banks are holding $681 billion in face amount of life insurance on their workers, or possibly even more.
See Related Articles:
Profiteering on Banker Deaths: Regulator Says Public Has No Right to Details
Banking Deaths: Why JPMorgan Stands Out
Three New JPMorgan IT Deaths Include Alleged Murder-Suicide
Suspicious Deaths of Bankers Are Now Classified as “Trade Secrets” by Federal Regulator
JPMorgan Vice President’s Death in London Shines a Light on the Bank’s Close Ties to the CIA
Suspicious Death of JPMorgan Vice President, Gabriel Magee, Under Investigation in London
As Bank Deaths Continue to Shock, Documents Reveal JPMorgan Has Been Patenting Death Derivatives
70-Year-Old Hedge Fund Founder Shot Dead By His Son
04 Jan 2015
We thought yesterday’s absurd story of former hedge fund manager James Crombie, founder of Paron Capital Management, who was arrested after found squatting in a million dollar Maryland house, would be as strange as it gets for hedge fund news this weekend. We were wrong: moments ago the WSJ reported that Thomas Gilbert, founder of the $200 million Wainscott hedge fund, whose success Gilbert said previously had come from investing in biotech funds, was found dead with a single bullet to the head in his Manhattan apartment this afternoon, allegedly shot by none other than his 30-year-old son.
From the WSJ:
NY Daily News adds more:
Gilbert was a big biotech investor:
From Gilbert’s website bio:
To be sure, the newsflow out of hedge fund land at the start of every year when the books are squared away tends to get crazy, but this is far and beyond the pale and even put to shame the story of Kim Karapetyan, 29-year old Moscow Hedge Fund wunderkind, who instead of facing his investors following massive losses decided to simply… disappear.
Murderous Son, Who Killed His Hedge Fund Father Over $200 Allowance, Was A Princeton Economist Grad
6 Sept 2015 http://peoplestrusttoronto.wordpress.com/2015/01/06/murderous-son-who-killed-his-hedge-fund-father-over-200-allowance-was-a-princeton-economist-grad/
The most bizarre story from the past weekend was the shocking murder of Tom Gilbert, 70, founder of the Wainscott biotech-focused hedge fund, http://ift.tt/14btEbM
who was shot dead in his Sutton Place apartment on Sunday Afternoon: shocking because the alleged shooter was none other than his Millennial, hence unemployed, 30-year-old son. What was certainly unclear at the time was what would be the motivation of a son to kill his successful and wealthy father, especially in such dramatic cold blood.
We now know not only the motivation, thanks to AP:
The son of a millionaire Manhattan hedge fund founder who allegedly gunned down his dad over his allowance has been arraigned on a second-degree murder charge, authorities said.
A law enforcement source told the New York Post that Thomas Gilbert Jr. had just been told by his father that he would only receive $400 for spending money per month from that point on in addition to $2,400 per month for rent. The younger Gilbert had previously received $600 per month.
“She [Mrs. Gilbert] found Senior on the floor with a bullet hole in the head,” said Boyce. “She also found a gun resting on his chest with his left hand covering it.”
… but also the alleged psychopath’s background:
Gilbert Jr. attended Princeton, graduating in 2009 with a degree in economics. Authorities said he had no recent work history.
Gilbert Jr. has a pending criminal case in the town of Southampton, on eastern Long Island.
Gilbert Jr., who has an address in the hamlet of Wainscott, was arrested Sept. 18 on a charge of criminal contempt. Southampton town police say he violated an order of protection issued in Brooklyn in June. Police say he confronted a man named Peter N. Smith at Sagg Main Beach in Sagaponack on Sept. 1.
He has pleaded not guilty and has a Feb. 2 court date scheduled.
Still, remember: when dealing with murderous psychopathic Princeton economists, correlation is not always causation.