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Update: Trail of dead bankers reaches Arizona, death count is now at 9

  19 Comments

Another successful banker mysteriously turns up dead, bringing the total of recent suspicious deaths in the financial industry to 9

By John Vibes

SCOTTSDALE, AZ (INTELLIHUB) — Former National Bank of Commerce CEO James Stuart Jr. was found dead, the morning of Feb. 19. A family spokesman did not say what caused the death. This brings the total of banker deaths in recent weeks to 9, and like the other recent deaths, this one comes with no explanation.

In 1969, he joined Citibank in New York City, where he worked as a loan officer. In 1973, he was named executive vice president of First Commerce Bancshares, a holding company that owned Nebraska Bank of Commerce and six other banks. He became the holding company’s chairman and CEO in 1978 and assumed top leadership of NBC in 1985, The Journal Star reported.

After the holding company merged with Wells Fargo in 2000, Stuart opened an investment office in Lincoln, where he has worked ever since.

“He just leaves an incredible legacy of people who’ve gone on to have success both inside and outside of the banking industry,” close friend Brad Korell said.

For those of you who have not been following this developing story, all month we have been reporting on the suspicious string of deaths that have hit the financial industry.  To make matters even more suspicious, the vast majority of these deaths have been ruled a suicide, or the details have been swept under the rug entirely.

Those who had high profile deaths, like the man who jumped from the top of the JP Morgan HQ building in Europe are highly publicized, but overall, very few details about any of these deaths have been made public.

All of the details on each story can be found below, and we will continue to keep a running tally in the coming weeks.  Please feel free to comment below, or use our contact information to send us leads and tips on this situation.

String of suspicious deaths: (Intellihub’s running list continues)

1 – William Broeksmit, 58-year-old former senior executive at Deutsche Bank AG, was found dead in his home after an apparent suicide in South Kensington in central London, on January 26th.

2- Karl Slym, 51 year old Tata Motors managing director Karl Slym, was found dead on the fourth floor of the Shangri-La hotel in Bangkok on January 27th.

3 – Gabriel Magee, a 39-year-old JP Morgan employee, died after falling from the roof of the JP Morgan European headquarters in London on January 27th.

4 – Mike Dueker, 50-year-old chief economist of a US investment bank was found dead close to the Tacoma Narrows Bridge in Washington State.

5 – Richard Talley, the 57 year old founder of American Title Services in Centennial, Colorado, was found dead earlier this month after apparently shooting himself with a nail gun.

6 -Tim Dickenson, a U.K.-based communications director at Swiss Re AG, also died last month, however the circumstances surrounding his death are still unknown.

7 – Ryan Henry Crane, a 37 year old executive at JP Morgan died in an alleged suicide just a few weeks ago.  No details have been released about his death aside from this small obituary announcement at the Stamford Daily Voice.

8 - Li Junjie, 33-year-old banker in Hong Kong jumped from the JP Morgan HQ in Hong Kong this week.

9 - James Stuart Jr, Former National Bank of Commerce CEO dies suddenly in Arizona with no explanation.

Were these bankers killed for knowing too much?  Were they involved in something so unethical that they killed themselves out of shame?  These are the speculations that are rising in the wake of these apparent suicides.

Writer Bio:

(Photo: Intellihub.com)

John Vibes is an investigative journalist, staff writer and editor for Intellihub News where this article originally appeared. He is also the author of an 87 chapter e-book entitled “Alchemy of this Modern Renaissance” and is an artist with an established record label. You can find him on his Facebook.
For media inquires, interviews, questions or suggestions for this author, email: vibes@intellihub.com or telephone: (347) 759-6075.
Read more articles by this author here.
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  • yennikcm

    what better way of sending a warning (omerta)

  • Anon

    “James Stuart Jr, 7 year old, Former National Bank of Commerce CEO”

  • Jonny Unite-Us

    7 years old eh? He led a rising star life? Or is this a typo?

  • Johken

    doubt those guys jumped willingly

  • Robert Taylor

    The culling of banksters’ that know too much has obviously begun.

  • 1ucille_bluth1

    Oh, for Pete’s sake… You could choose virtually any profession (librarians! Auto mechanics!) and find a few irregular features about their recent deaths. That doesn’t mean there’s a conspiracy. Get real.

  • dish

    James Stuart Jr, 7 year old — he was so young, he could have become USA president or something, the mozart of finance

  • bob

    And the new pope has opened the Vatican’s finances to outside scrutiny. Coincidence?

  • V

    I see no reason, the gunpowder treason, should ever be forgot.

  • Jim

    Several of the companies you listed aren’t “banks”, and several of the people listed worked at banks but weren’t “bankers”.

  • Andrew Rankin

    He was 70, not too young, not too old. Strange times indeed. Obit:
    http://www.roperandsons.com/obituary/James-Stuart-Jr./Scottsdale-AZ/1346815

  • Bob hartland

    Another.. 57 year old T David Grist.. ROANOKE

  • Bob hartland

    Another.. T David Grist… Roanoke Cornerstone Bank CEO

  • Bob hartland

    According to http://www.omaha.com Stuart was a suicide

  • Bob hartland

    Stuart was suicide according to omaha dot com

  • ApocalypseSoon

    9 bankers in 4 weeks…

  • cocopuffs

    Sounds like a case for Sam and Dean Winchester!!

  • George Chidi

    This story is garbage.

    Look. Assume there are roughly 150,000 banking executives in America — people with credentials similar to the nine that are listed here. Financial services employs 15 million people in the U.S., so that would be the top 1 percent in the industry.

    The suicide rate in the U.S. for men is about 17 per 100,000. Let’s assume that stress in the business increases that to 25. The national murder rate is about 4 per 100,000. Cut that in half for rich bankers. Unintentional injuries kill about 75 men per 100,000 … but lets say our sample is pretty safe, and cut that rate in half, to 33 per 100,000.

    Thus, 90 of our high powered bankers will be murdered, kill themselves or die of an “accident” this year under normal circumstances. That’s about 7.5 a month. Folks are screaming “look at all the banker deaths!” Normal variation would imply that some months you would get 10 or 15 deaths like this. Others may have one or two. Nine … over four weeks … is statistically irrelevant.

    It gets worse. The deaths noted include people in Britain and Thailand and Germany. I’m just looking at Americans. Extend this analysis to the rest of the world banking community — as the story does — and there should be 900 high-profile banking deaths in a year, or 75 in a month.

    Because they’re powerful people, their deaths will be considered noteworthy by the financial press. And because we’re looking at them in a group, people are imposing a narrative on the deaths to string them together … despite no evidence that this is anything other than random chance. This is “availability bias” at work, similar to the “Summer of the Shark” reporting in the summer of 2001, when a random bunch of shark attacks provoked a media frenzy, despite no evidence that something unusual was actually happening.

  • Ufox news

    Is the United States Federal Reserve Bank a government Institution or is it a PRIVATELY owned institution??