Posted by: Puddy Dunne | May 30, 2016

High Finance and Magic Bullets

Higfinance

A May Sacrifice

Ex-CEO Of Largest Swiss Insurer Commits Suicide, Three Years After CFO Hanged Himself -ZeroHedge

In the latest tragic news from the world of finance, earlier today Zurich Insurance, the largest Swiss insurer which employs 55,000 people and provides general insurance and life insurance products in more than 170 countries, reported that Martin Senn, the company’s former chief executive officer who stepped down in a December reshuffle, has committed suicide. He was 59…..cont

Twelve deaths in eight months, by suicide & otherwise, among the CEO classes

Richard M. Talley, 56, was found dead in his Greenwood Village garage Tuesday by a family member, the Denver Post reported. He had shot himself seven or eight times in the head and chest with a nail gun.

Over 40 Bankers Dead Since 2014: Latest Banker Death Connected To JP Morgan VP

Well here we go again COTO. Another Zurich high financier and a lame suicide story. A moment of conscience or a threat to the joo-joo-bees?  You make 8 million a year and decide to test your “dry powder” certainly seems plausable. I mean you can’t believe the tax hassles and sheltering involved with this kind of income.

 

So  I have to wonder if he was going to spill the beans on the China false flag explosions which set his company back billions of dollars. There are so many possibilities anymore that you just have to assume it was a case where he had a conversation on his cell phone, the authorities must have taken a listen to something that did not set well with the committee members and it was time to mend the fence before the horses got out.

I think they ought to use the nail guns on the Insurance Execs and stick to hanging or jumping for the Bankers. When they kill a scientist or researcher, they should use something creative like Dr. Phibes and at least provide some creativity.

I’d like to know why he resigned last December but that is not likely going to come from his mouth. This one has my interest because of the AIG factor. On the 1% possibility he actually did decide to take his life, it is a tragedy but I highly, highly doubt the suicides of those in the Flying Economy at this altitude. Was the descent too fast? Let’s wait and see how June through the election goes and if we accumulate a nice list for 2016.

EconomyPA

 


Responses

  1. Cause of Martin Senn death appears in question as suicide note not found
    http://www.valuewalk.com/2016/05/death-zurich-insurance-ceo/

    Derivatives Questions… Again
    By Mark Melin on May 31, 2016 3:54 pm in Business
    FacebookTwitter
    Zurich Insurance executive Martin Senn is the victim of an apparent suicide, but no note has been found, raising questions.

    Perhaps the most significant challenge in determining if a genuine pattern of behavior exists and is driving a trend is determining the validity of correlation consistency. Consider, for instance, the apparent suicide of Senn. Is the event a one-off, or is the death of Senn in some way correlated with that of the suicide of the chief financial officer of the insurance company and other top executives involved in the management of big bank derivatives? Correlation is not causation, but when multiple “suicides” occur when all had involvement in one way or another to the unmentionable topic of big bank derivatives, does this statistical oddity go without questioning? Is thinking such thoughts, connecting those derivative dots, unthinkable?

    Zurich Insurance Martin Senn

    Cause of Senn death appears in question as suicide note not found

    Senn, 59, resigned in December from the insurance company, citing “setbacks in recent months,” the New York Times noted.

    On Friday, those setbacks apparently became insurmountable.

    Zurich Insurance and Senn’s family confirmed only that Senn was dead and said he committed suicide.

    Swiss news media report that the death took place at Senn’s vacation home in Klosters, in the eastern region of Switzerland near Davos. Officials refuse to publicly comment on an ongoing investigation, but the New York Times reported that Graubünden canton police spokesman Roman Ruegg did say police were unable to find a suicide note and have not made a formal ruling on cause of death.


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