Whitehall_Bin_Men Trustworthy Freedom Fighter
Joined: 13 Jan 2007 Posts: 3205 Location: Westminster, LONDON, SW1A 2HB.
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Posted: Sat Oct 25, 2014 3:12 pm Post subject: William Broeksmit -former banking regulator found dead |
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Deutsche Bank Lawyer And Former SEC
Enforcement Attorney Found Dead In Apparent
Suicide
Submitted by Tyler Durden on
10/25/2014 10:52 -0400
http://www.zerohedge.com/news/2014-10-25/deutsche-bank-lawyer-and-form er-sec-enforcement-attorney-found-dead-apparent-suicide
Deutsche Bank Germany LIBOR None Precious Metals
Renaissance RenTec
0
Back on January 26, a 58-year-old former senior
executive at German investment bank behemoth
Deutsche Bank, William Broeksmit, was found
dead after hanging himself at his London home,
and with that, set off an unprecedented series of
banker suicides throughout the year which
included former Fed officials and numerous
JPMorgan traders.
Following a brief late summer spell in which there
was little if any news of bankers taking their lives,
as reported previously , the banker suicides
returned with a bang when none other than the
hedge fund partner of infamous former IMF head
Dominique Strauss-Khan, Thierry Leyne, a
French-Israeli entrepreneur, was found dead after
jumping off the 23rd floor of one of the Yoo
towers, a prestigious residential complex in Tel
Aviv.
Just a few brief hours later the WSJ reported that
yet another Deutsche Bank veteran has
committed suicide, and not just anyone but the
bank's associate general counsel, 41 year old
Calogero "Charlie" Gambino, who was found on
the morning of Oct. 20, having also hung himself
by the neck from a stairway banister, which
according to the New York Police Department was
the cause of death. We assume that any
relationship to the famous Italian family carrying
that last name is purely accidental.
Here is his bio from a recent conference which he
attended:
As a reminder, the other Deutsche Bank-er who
was found dead earlier in the year, William
Broeksmit, was involved in the bank's risk
function and advised the firm's senior leadership;
he was " anxious about various authorities
investigating areas of the bank where he
worked," according to written evidence from his
psychologist, given Tuesday at an inquest at
London's Royal Courts of Justice. And now that
an almost identical suicide by hanging has taken
place at Europe's most systemically important
bank, and by a person who worked in a nearly
identical function - to shield the bank from
regulators and prosecutors and cover up its
allegedly illegal activities with settlements and
fines - is surely bound to raise many questions.
The WSJ reports that Mr. Gambino had been
"closely involved in negotiating legal issues for
Deutsche Bank, including the prolonged probe
into manipulation of the London interbank
offered rate, or Libor, and ongoing investigations
into manipulation of currencies markets,
according to people familiar with his role at the
bank ."
He previously was an associate at a private law
firm and a regulatory enforcement lawyer from
1997 to 1999, according to his online LinkedIn
profile and biographies for conferences where he
spoke. But most notably, as his LinkedIn profile
below shows, like many other Wall Street
revolving door regulators, he started his career at
the SEC itself where he worked from 1997 to
1999 . _________________ --
'Suppression of truth, human spirit and the holy chord of justice never works long-term. Something the suppressors never get.' David Southwell
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