Why Are Bankers Dying?

One is simply life.

Two in quick succession gets your attention.

Three... well, let's just say it leads some of us to begin looking for connections and a catalyst.

From Housinwire.com; reported posted on January 31:

Bloomberg is reporting this morning that former Federal Reserve economist Mike Dueker was found dead in an apparent suicide near Tacoma, Washington.

Dueker, 50, a chief economist at Russell Investments, had been missing since Jan. 29 and was reportedly having troubles at work.

Normally HousingWire wouldn’t cover deaths in the industry, but what’s strange is that Dueker is the third prominent banker found dead since Sunday.

On Sunday, William Broeksmit, 58, former senior manager for Deutsche Bank, was found hanging in his home, also an apparent suicide.

On Tuesday, Gabriel Magee, 39, vice president at JPMorgan Chase & Co’s (JPM) London headquarters, apparently jumped to his death from a building in the Canary Wharf area.

According to Bloomberg:

Dueker worked at Seattle-based Russell for five years, and developed a business-cycle index that forecast economic performance. He was previously an assistant vice president and research economist at the Federal Reserve Bank of St. Louis.

He published dozens of research papers over the past two decades, many on monetary policy, according to the St. Louis Fed’s website, which ranks him among the top 5 percent of economists by number of works published. His most-cited work was a 1997 paper titled “Strengthening the case for the yield curve as a predictor of U.S. recessions,” published by the reserve bank while he was a researcher there.

There is absolutely no doubt in my mind that major international banking is filled with a particularly malevolent form of sociopaths—men whose worship of wealth and power is without question self-destructive, and illegal (even measured by the laws of men).

Christians should be praying for those working for a spiritual awakening in this industry. Without that, we'll see many more bankers die in the time prior to, and during, the coming meltdown.

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