Suspicious Deaths of Bankers Are Now Classified as “Trade Secrets” by Federal Regulator

Suspicious Deaths of Bankers Are Now Classified as “Trade Secrets” by Federal Regulator

It doesn’t get any more Orwellian than this: Wall Street mega banks crash the U.S. financial system in 2008. Hundreds of thousands of financial industry workers lose their jobs. Then, beginning late last year, a rash of suspicious deaths start to occur among current and former bank employees.  Next we learn that four of the Wall Street mega banks likely hold over $680 billion face amount of life insurance on their workers, payable to the banks, not the families. We ask their Federal regulator for the details of this life insurance under a Freedom of Information Act request and we’re told the information constitutes “trade secrets.”

According to the Centers for Disease Control and Prevention, the life expectancy of a 25 year old male with a Bachelor’s degree or higher as of 2006 was 81 years of age. But in the past five months, five highly educated JPMorgan male employees in their 30s and one former employee aged 28, have died under suspicious circumstances, including three of whom allegedly leaped off buildings – a statistical rarity even during the height of the financial crisis in 2008.

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There is one other major obstacle to brushing away these deaths as random occurrences – they are not happening at JPMorgan’s closest peer bank – Citigroup. Both JPMorgan and Citigroup are global financial institutions with both commercial banking and investment banking operations. Their employee counts are similar – 260,000 employees for JPMorgan versus 251,000 for Citigroup.

Both JPMorgan and Citigroup also own massive amounts of bank-owned life insurance (BOLI), a controversial practice that pays the corporation when a current or former employee dies. (In the case of former employees, the banks conduct regular “death sweeps” of public records using former employees’ Social Security numbers to learn if a former employee has died and then submits a request for payment of the death benefit to the insurance company.)

Wall Street On Parade carefully researched public death announcements over the past 12 months which named the decedent as a current or former employee of Citigroup or its commercial banking unit, Citibank. We found no data suggesting Citigroup was experiencing the same rash of deaths of young men in their 30s as JPMorgan Chase. Nor did we discover any press reports of leaps from buildings among Citigroup’s workers.

http://wallstreetonparade.com/2014/04/suspicious-deaths-of-bankers-...

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Yikes !!! Ocasio-Cortez: We Need A ‘Multigendered, Multigeographic’ United States

The United States of America needs to be “multigendered” and “multigeographic,” according to Rep. Alexandria Ocasio-Cortez (D-NY), who endorsed fellow socialist Sen. Bernie Sanders (I-VT) at the “Bernie’s Back Rally” in New York on Saturday.

The freshman lawmaker and “Squad” member officially endorsed Sanders during a rally in Queensbridge Park in Long Island City, New York, on Saturday and called for more diversity in the U.S., arguing that it should not only be “multiracial” and “multigenerational” but “multigeographic” and “multigendered.”

“We need a United States that really, truly, and authentically is operated, owned, and decided by working – and all – people in the United States of America,” Ocasio-Cortez said to applause.

“That is what it – it is multiracial, multigendered, multigenerational, and multigeographic,” she said, failing to elaborate on what that specifically looks like.

“We have to come together, not ignoring our differences but listening to them, prioritizing them, understanding injustice,” she continued.

The socialist lawmaker also implied that rampant racism is still alive and well in the U.S., telling the crowd that it is essential to understand “that we operate in a context where slavery evolved into Jim Crow, evolved into mass incarceration, [and] evolved into the realities we have today.”

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