City Death Squad? 4 London bankers 'commit suicide' in 1 week

[Tony Gosling]

Financial world shaken by 4 bankers' apparent suicides in a week
  Published time: February 03, 2014 12:16
http://www.911forum.org.uk/board/viewtopic.php?t=22231
  Mike Dueker (Still from YouTube video/Russell Investments)
http://rt.com/business/russell-investments-chief-economist-dead-564/
  The apparent suicide death of the chief economist of a US 
investment house brings the number of financial workers who have died 
allegedly by their own hand to four in the last week.
  50-year-old Mike Dueker, who had worked for Russell Investment for 
five years, was found dead close to the Tacoma Narrows Bridge in 
Washington State, says AP.
  Local police say he could have jumped over a fence and fallen 15 
meters to his death, and are treating the case as a suicide.
  Dueker was reported missing by friends on January 29, and police 
had been searching for him.
  A Sheriff's spokesman said investigators learned that he was having 
problems at work but did not elaborate.
  Jennifer Tice, a company spokeswoman declined to comment, however 
said, that Dueker was in good standing at Russell.
  "We were deeply saddened to learn today of the death," Tice said in 
an e-mail on Friday. "He made a valuable contributions that helped 
our clients and many of his fellow associates."
  Dueker joined Russell Investment in 2008. He wrote for Market 
Outlook financial services publications, forecasting the business 
cycle and the target federal funds rate. He is the creator and 
developer of a business cycle index that forecast economic 
performance published monthly on the Russell website.
  He was previously an assistant vice president and research 
economist at the Federal Reserve Bank of St. Louis, and is ranked in 
the top 5 percent of published economists.
  Over the past two decades he wrote dozens of research papers mostly 
on monetary policy, according to the bank's website.
  His most-cited paper was "Strengthening the case for the yield 
curve as a predictor of U.S. recessions," published in 1997 while he 
was a researcher at the Federal Reserve.
  "He was a valued colleague of mine during my entire tenure at the 
St. Louis Fed," said William Poole, the bank's ex-president. 
"Everyone respected his professional skills and good sense."
  Dueker held an undergraduate degree in math from the University of 
Oregon, a master's degree in economics from Northwestern University 
and a Ph.D. from the University of Washington.
  Streak of bankers' deaths
  Dueker's apparent suicide was the fourth among financial experts in a week.
  A 58-year-old former senior executive at Deutsche Bank AG, William 
Broeksmit, was found dead on January 26 in his home after an apparent 
suicide in South Kensington in central London.
  The next day, January 27, Tata Motors managing director Karl Slym, 
51, was found dead on the fourth floor of the Shangri-La hotel in 
Bangkok. Police said he could have committed suicide. Mr. Slym was 
staying on the 22nd floor with his wife, and was attending a board 
meeting in the Thai capital.
  Another tragic incident occurred on January 28, when a 39-year-old 
Gabriel Magee, a JP Morgan employee, died after falling from the roof 
of its European headquarters in London.
  While creating fortunes, City and Wall Street jobs are notorious 
for extra-long working weeks and huge amounts of stress. In a move to 
ease the tension some of the world's biggest lenders like Bank of 
America, Goldman Sachs, JP Morgan and Credit Suisse have been telling 
junior staff to take more time off.
  Some European countries like Belgium and the Netherlands have 
reduced the working week from 40 to 30 hours without damaging their 
economies, while in Germany an average worker puts in 35 hours a week 
and is the world's fourth largest economy.
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