Babylon's Bankers

THE THIRD DEAD BANKER: “SUICIDED” THOMAS J. HUGHES

Yes, you read that correctly. In addition to John Noyce of Goldman Sachs, and Ed Gilligan of American Express, who respectively died of cancer and "a sudden" (and unexplained) illness while on a flight to New York, there has been a third banker death within the last week, and this one, of Mr. Thomas J. Hughes, a twenty-nine year old, has finally brought at least some of the media attention the story deserves: consider these two articles, shared by many of you:

The Bankster Suicides

Wall Street Banker Deaths Continue; Where Are the Serious Investigations?

Note that in the case of Mr. Hughes, the mainstream-lamestream media coverage of the usual memes of "banker stress and burnout" and "well-liked and respected by colleagues" does not play here (citing the first article):

Exclusive: Father of investment banker, 29, fears son turned to drink and drugs to cope with stress and jumped to his death after a ‘Wolf of Wall Street cocaine party’!” blares the typically unwieldy tabloid title, and sadly the reporting does not rise above the level of that headline. After noting that Hughes is in fact the 12th person in high finance so far this year to take their own life (if that is indeed what he did), we are promptly informed that this has prompted a “renewed focus on the demands that Wall St places on young bankers.”

And his father’s “fear” that Thomas “jumped to his death after a ‘Wolf of Wall Street Cocaine party’?” If you can cover up the sidebar on the right-hand side of the DM’s clickbait-infested site long enough to actually read the article, you’ll find out that this is not what his father was actually saying. “I wish I would have crystal clear answers. If you met him you would say this is the opposite person who would seem like the kind of person who was considering taking this type of action,” the father was quoted as saying after asserting that his son was “enjoying his work.”

So what is happening here? Why are MSM outlets like the Daily Mail rushing to wrap this up as ‘just another suicide of an over-stressed banker’ before the police have even identified the body (which was unrecognizable after impact)?

Why indeed? Wall Street on Parade (the second article) puts to rest some hypotheses concerning Mr. Hughes' "suicide":

"The death of Thomas Hughes last Thursday has many unusual aspects. He was part of a close, loving, affluent Westchester family. If he had money problems, as one New York tabloid suggested, he could have asked one of numerous affluent family members for a loan. Another curiosity is that Hughes had insights into the culture and potential crimes of an inordinate number of mega banks on Wall Street. The number of major banks he had worked for by age 29 is almost unprecedented.

According to his resume filed with the Financial Industry Regulatory Authority (FINRA), Hughes had interned at both JPMorgan and Goldman Sachs, then held full time jobs with Citigroup and UBS after graduating from Northwestern University. He was currently employed at investment bank, Moelis & Company LLC. According to reports at the Wall Street Journal and Bloomberg News, the U.S. Justice Department continues to investigate market rigging on Wall Street, including the potential rigging of precious metals markets by the largest banks.(Emphasis added)

And JP Morgan and UBS (Union Bank of Switzerland)? The first article points out something unusual about those banks, all of which Mr. Hughes was at some point connected with:

"Although you could be forgiven for having blinked-and-missed-it in the midst of the wall-to-wall coverage of the earth-shatteringly important Caitlyn Jenner kerfuffle, those three banks were part of the sextet that were just found guilty of manipulating the $5 trillion a day foreign exchange market and collectively fined an impressive-sounding but ultimately trivial $6 billion for the crime."

It is the second article, however, that contains a potential bombshell, and one which contains inevitable implications for our high octane speculations. Consider carefully these statements from former Attorney General Eric Holder on the US Federal Government's attempts to investigate all these matters:

"Another worry for Wall Street is how many of their employees are now wearing wires to work. Former U.S. Attorney General Eric Holder raised paranoia to a whole new level last September 17 when he delivered a speech at the NYU School of Law in Manhattan. Holder told the crowd of legal luminaries on Wall Street:

“'…in our full-court press to investigate and prosecute the ongoing LIBOR matter – which is being led by the Criminal and Antitrust Divisions, and involved a wide-ranging scheme to rig one of the world’s benchmark interest rates – witnesses from inside some of the world’s leading financial firms have played important roles.  They have strengthened our ability to follow leads; to obtain guilty pleas from subsidiaries of major banks like UBS and RBS; and to pursue individual charges against nine former traders and managers at these institutions. Our ongoing investigation into the manipulation of foreign exchange rates has relied on similar investigative techniques involving undercover cooperators, as well.” [Italics added by Wall Street on Parade.]

There are, of course, two ways to read this. One is that with the Federal Government's own corruption, and the tight interface between various departments and agencies of the Federal Government and the institutions participating in what I have been calling a "hidden system of finance," this investigation is nothing but smoke and mirrors. Certainly there is a great deal of historical and contextual evidence to suggest this may be the case, as anyone familiar with the history of that hidden system, as I have tried to reconstruct it in various books (chiefly Covert Wars and Breakaway Civilizations), will understand. But there is yet another possibility, and that is that there is growing realization within the public institutions of government and with its public departments and agencies, that it has lost control of that hidden system, and that, perhaps, the banks participating in that system may have lost control of it as well, and that it is now being directed from some hidden center or centers. Time alone will tell.

But as for the unfortunate Mr. Hughes, here again, he fits the now familiar pattern, for in addition to involvement in areas of finance that would certainly seem to touch upon those areas where a hidden system might have become evident to him, he also fits the now familair pattern of being a decent person, well-liked by friends and family, according to the Wall Street on Parade article:

"On a family member’s recently updated Facebook page, Thomas Hughes was described as “popular and outgoing,” with a “great sense of humor.” Friends posted comments such as: “Tom was such a wonderful, kind and gentle soul.” Another female friend called him a “wonderful gentleman.” An individual identifying himself as Mark Witte said “Even Wednesday Tom was strategizing with Northwestern students to help them build the careers they dreamed about.” Wednesday was the day before Hughes allegedly took his life."

While those analysts concentrating on the BOLI or Bank Owned Life Insurance aspects of the scenario are correct in that insurance companies may have unique insights into what is going on, I continue to believe that this is only one aspect, perhaps the shallowest hidden aspect of the problem, and that the real problem remains the vast extent of black budget and hidden systems of finance. It is, in short, an international, multi-disciplinary problem, and will require that kind of effort to address. And this, I suspect, is only going to come from the international alternative research community. Governments, and the lamestream media, do not appear to be interested.

See you on the flip side...

11 thoughts on “THE THIRD DEAD BANKER: “SUICIDED” THOMAS J. HUGHES”

  1. Aiding and Abetting OR Accessory After the Fact?

    From your earlier post in 12/2014:

    http://gizadeathstar.com/2014/12/banker-death-update-slain-mass-mutual-executive-melissa-millan-trade-secrets/

    in reference to this article about the OCC’s response to a FOIA request for information about BOLI (bank owned life Insurance):

    http://wallstreetonparade.com/2014/04/suspicious-deaths-of-bankers-are-now-classified-as-“trade-secrets”-by-federal-regulator/

    You correctly highlighted this paragraph:

    “”The OCC responded to our request on April 18, 2014, advising that they did have documents responsive to our request but that all documents were going to be withheld because they were “privileged or contains trade secrets, or commercial or financial information, furnished in confidence, that relates to the business, personal, or financial affairs of any person,” or relate to “a record contained in or related to an examination.””

    It seems fairly obvious that:

    1. The OCC is not a casual eyewitness to a passing scene (of a potential crime).
    2. The OCC has a DUTY to report under their own stated guidelines and mission as a Federal Agency or Authority. They are the PRIMARY, ONGOING regulators of (many) BANKS who own BOLI.
    3. The “responsive” documents, in possession of the OCC, DO have information related to the issuance and ownership (by BANKS) of BOLI, and which could have been “related to an examination.”
    4. An examination is a regulatory discovery process that does not preclude the discovery evidence of crimes which are NOT wholly financial.

    IF it is a fact that a “serious” investigation into these mysterious deaths is being impeded by the shroud of secrecy that surrounds these FACTS about BOLI, and because these facts, which, were they known, could potentially lead to the proof (or dismissal) of allegations of a very SERIOUS nature, is it possible that someone could be skirting the edge of these statutes?:

    1. https://www.law.cornell.edu/uscode/pdf/uscode18/lii_usc_TI_18_PA_I_CH_1_SE_3.pdf

    “Accessory After the Fact:

    Whoever, knowing that an offense against the United States has been committed, receives, relieves, comforts or assists the offender in order to hinder or prevent his apprehension, trial or punishment, is an accessory after the fact.”

    2. http://www.justice.gov/usam/criminal-resource-manual-2474-elements-aiding-and-abetting

    “Aiding and Abetting

    “U.S. Attorneys » U.S. Attorneys’ Manual » Criminal Resource Manual

    “A defendant associates with a criminal venture if he shares in the criminal intent of the principal, and the defendant participates in criminal activity if he has acted in some affirmative manner designed to aid the venture. Landerman, 109 F.3d at 1068 n.22. The level of participation may be of relatively slight moment.”

    It also seems fairly obvious that until some of this becomes personal, as it has with those who have grieved over the loss of their loved ones, it means nothing to too many.

    So the question is, can someone with access please ask Mr. Vance for his reflections on these points and others? http://wallstreetonparade.com/wp-content/uploads/2014/04/OCC-Response-to-Wall-Street-On-Parades-Request-for-Banker-Death-Information.pdf

    Is anyone else at the OCC concerned about the PERSONAL side of this tragic financial “mystery”?
    https://startpage.com/do/search?q=occ+oig+email&lui=engl

    Treasury Generally?
    http://www.treasury.gov/about/organizational-structure/ig/Pages/default.aspx

    DOJ?
    http://www.justice.gov/contact-us

    Insurance Regulators?
    http://www.NAIC.org

    Finally, what would (or did?) any of these people have to say to the family of this woman, particularly?:

    http://wallstreetonparade.com/2014/12/slain-massmutual-executive-held-wall-street-trade-secrets/

    “On Thursday, November 20, 2014, the body of 54-year old Melissa Millan, a divorced mother of two school-age children, was found at approximately 8 p.m. along a jogging path running parallel to Iron Horse Boulevard in Simsbury, Connecticut. A motorist had spotted the body and called the police.”….

    …”Information has now emerged that Millan had access to highly sensitive data on bank profits resulting from the collection of life insurance proceeds from her insurance company employer on the death of bank workers – data that a Federal regulator of banks has characterized as “trade secrets.””

    Many of us would like to know. We ALL have a personal, vested interest in answers.

    No less important are the answers for ALL the families and friends left behind to live in the DARK, depending on open-source investigations like this one to help shed the light.

    http://gizadeathstar.com/2015/03/the-dead-bankers-scrapbook-murder-suicides-freezing-on-a-mountain-bnp-paribas-and-central-banks-losing-control/

    Joseph, THANKS!

  2. “To expose a 15 Trillion dollar ripoff of the American people by the stockholders of the 1000 largest corporations over the last 100 years will be a tall order of business.” — Buckminster Fuller

    “We have, in this country, one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This evil institution has impoverished the people of the United States and has practically bankrupted our government. It has done this through the corrupt practices of the moneyed vultures who control it.” — Congressman Louis T. McFadden in 1932 (Rep. Pa)

    1. Hitler took Germany off the gold standard….Nixon took America off it…JFK wanted to give it back to the investors and let them rebuild there nations.

  3. Here in Holland we wait for the 780 billion euros that were stolen in the mortgage based bonds and securities swindle perpetrated on the europeans by the federal reserve banks of USA and their brokerage house here Deutchbank to effect the economy once the SVB( the netherlands social insurance bank ie;hollands social security holdings)admits it traded its gold reserves tonnage and blue chip stocks and bonds for the high risk american bonds(actually counterfiet) and securities after the prime minister and the royal houses financial man prince Frizo changed the laws in 2007 that protected the countries savings from risky investments. Also the germans convinced holland(and other euro nations) to buy Greek state issued bonds based on the same american crap,advise difficult not to take coming from the head of the european central bank.Over here its easy to see who is stealing aLL THE MONEY. Problem is that the politicians who helped with the implementation of the scam are still around covering up the theft. When I called the financial department of Holland and asked about what was going on with the SVB counterfiet bond and security holdings they told me it was a state secret ,I informed them of the fraud cases against the american federal reserve banks where the banks were found guilty and holland could file a case using the prove presented in the federal court as a basis for their own case in the int. court in the hague. Still the counterfiet bonds and securities problem is a state secret(states gehiem) so no action will be taken to recover the trillion dollars (at the 2007 exchange rate)stolen from the dutch people.Funny that even if a member of the royal house was found to be involved in the theft, its legal for the crown to do as they wish with the dutch peoples property,stealing it is not a crime for them as the dutch people are property of the royal house. Some things will never change,we’re the untouchables…and I ain’t talkin about Ness.

    1. In the Netherlands as elsewhere “public opinion” seems incredibily supine when it comes to massive financial fraud to the detriment of the public themselves. I wonder if that gold the Dutch are said to have got back recently from the NY Fed is still there?

  4. marcos toledo

    I propose founding of a new social group to be called The Dead Bird Society. For the bank and financial managers who’s demise are reaching epidemic proportions this must be leaving Murder Inc. baffled as to what is really going on. What’s the angle for all these death fear all these birds know too much and maybe willing to sing or Corporate insurance fraud on a grand scale if a real person kills a relative for the insurance they face indictment for murder if a Corporation kills a employee the insurance they get paid for the amount their victim was insure for. Who says crime doesn’t pay.

  5. You’d think that there would be one good cop who could put this altogether, or do we have to get Dick Tracy on the job. As I’ve said before here, cops solve murders all the time, but in this case it seems they cannot. Can anyone say “motif”.

  6. “And this, I suspect, is only going to come from the international alternative research community. Governments, and the lamestream media, do not appear to be interested.”

    Or they are paid to be disinterested…

    1. Robert Barricklow

      It seems that the cartels in Mexico kill the journalists after they continue to DO Their Job. Here, I don’t see many U.S. journalists [at least in terms of Mexican numbers] DOING their jobs. Unless it’s: See No Evil; Hear No Evil; Speak No Evil; AND – WRITE NO EVIL.

      Unlike the below the border cartels, “they” appear to be more radically preemptive by repeatedly firing-off death-strokes before the thoughts even begin crossing chosen FIRE’d minds.
      [FIRE: Finance/Insurance/Real Estate]

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