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Holy Shit... Russell Indexes Chief Economist Commits Suicide

 
Useless Cookie Eater

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01/30/2014 09:27 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
This is a total guess, but I say the bottom falls out tomorrow.


Have an exit plan...
 Quoting: Anonymous Coward 35325670


You do realize DOW skyrocketed today

oridin
 Quoting: Anonymous Coward 53232218


bmoney
Anonymous Coward
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01/30/2014 09:28 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
I'm scared. Really.

This is bad.
 Quoting: Anonymous Coward 50346267


AND WHY would you be scared? Don't you know everything in life has a ledger and the account IS NOW DUE?

Are you going to kill yourself now, too?

If so, then be weak.
 Quoting: Anonymous Coward 2799801


Ha! You sound like my old man. Good stuff, right there.
Anonymous Coward
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01/30/2014 09:28 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
I'm scared. Really.

This is bad.
 Quoting: Anonymous Coward 50346267


AND WHY would you be scared? Don't you know everything in life has a ledger and the account IS NOW DUE?

Are you going to kill yourself now, too?

If so, then be weak.
 Quoting: Anonymous Coward 2799801


No. I am not going to kill myself.

If you are not a little nervous about another Great Depression, then great. But, it is just a scary thought because things are already pretty difficult.
 Quoting: Anonymous Coward 50346267


Read the Bible ; the Book of Revelation ; to be exact

they are only going to get worse

You have to be strong, be very flexible and don't be materialistic

you really could loose it all ; but who cares

stuff is just stuff

These are the end times ; if you are right with God

you will come out on top ; no matter how bad it gets

and it WILL get bad

you have to not be a wimp but stay strong for the wimps will not survive this one
 Quoting: Anonymous Coward 53188723
sorry but that book isn't a history book .
Anonymous Coward
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01/30/2014 09:28 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
A guy in my area blew his brains out, due to taxes he owed. Had a beautiful wife and blonde little girls. Can't believe one would check out over some financial troubles.
 Quoting: Lionman13


For many ; it is NOT the financial troubles as much as the

social stigma they carry with it

embarrassment around 'friends', family , associates

they can't handle looking like a failure
 Quoting: Anonymous Coward 53188723


You are right. He was a pillar of the community. I don't give a damn what anybody thinks. I just moved from a fancy house to a small one, and am saving half a mortgage payment. I don't give a damn what people think.
 Quoting: Lionman13


I mean, that is smart.

If everything turns out perfect and rosy, well then if NOTHING ELSE you will have saved a ton of money which you can then use for whatever you please.
Anonymous Coward
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01/30/2014 09:29 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
also I'm sure you all saw this:

Two top American bankers commit suicide in London

Read more: [link to www.dailymail.co.uk]
 Quoting: FatGoose


Yes. Both if them were in risk management.
Anonymous Coward
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01/30/2014 09:30 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
...


AND WHY would you be scared? Don't you know everything in life has a ledger and the account IS NOW DUE?

Are you going to kill yourself now, too?

If so, then be weak.
 Quoting: Anonymous Coward 2799801


No. I am not going to kill myself.

If you are not a little nervous about another Great Depression, then great. But, it is just a scary thought because things are already pretty difficult.
 Quoting: Anonymous Coward 50346267


Read the Bible ; the Book of Revelation ; to be exact

they are only going to get worse

You have to be strong, be very flexible and don't be materialistic

you really could loose it all ; but who cares

stuff is just stuff

These are the end times ; if you are right with God

you will come out on top ; no matter how bad it gets

and it WILL get bad

you have to not be a wimp but stay strong for the wimps will not survive this one
 Quoting: Anonymous Coward 53188723
sorry but that book isn't a history book .
 Quoting: Anonymous Coward 51814714


Revelations isn't history anyway. It is prophecy.

Whether you believe it or not, it does describe a lot of the things that tend to happen when TSHTF in a major way. When you break it down into simpler terms, that is.
Anonymous Coward
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01/30/2014 09:31 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
A guy in my area blew his brains out, due to taxes he owed. Had a beautiful wife and blonde little girls. Can't believe one would check out over some financial troubles.
 Quoting: Lionman13


Especially considering no one really OWES taxes to anyone. In order to lawfully owe an entity any money there must be a pre-existing contract in place, which obviously there never is. All these municipailities are basically stickin' folks up and saying, "give us $5000, or else!"
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01/30/2014 09:32 PM

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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
What is happening?!?!?!! Bankers droppin like flies around here! I love the Russell Indexes!
T For Texas, T For Tennessee!


The virtue of courage is a prerequisite for the practice of all other virtues, because otherwise one is virtuous only when virtue has no cost. There are times when something needs to be done, and yet we know that if we step up and do this needful thing, we will pay a heavy personal price. -C.S. Lewis
Anonymous Coward
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01/30/2014 09:32 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
Dueker brings state-of-the-art empirical modeling and forecasting techniques to key economic developments, the term structure of interest rates, currency markets and tactical asset allocation. He coordinates efforts to formulate globally consistent Russell views on the near-term macroeconomic outlook, including inflation and currency developments.

[link to depts.washington.edu (secure)]
 Quoting: Anonymous Coward 24770432


I would really like to know what sent this guy over the edge.
Éireann

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01/30/2014 09:33 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
This is a god damned greek tragedy! We've got economists, bank execs (current and retired), and brokers killing themselves while the news is telling us that China's default is "avoided" and then we've got the Dictator in Chief telling us that the economy is fine?

If this house of cards falls I'm screwed. I guess I'll be growing Mary Jane to manage my bi-polar and ptsd. Cuz I don't know how the hell anything will work after the collapse. Kind of a joke the "after" part of the collapse. It's been collapsing for years.

Feh.. now I'm having a panic attack. DAMN IT!
Eireann~

I am crucified with Christ: nevertheless I live; yet not I, but Christ liveth in me: and the life which I now live in the flesh I live by the faith of the Son of God, who loved me, and gave himself for me. - Galatians 2:20
Anonymous Coward
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01/30/2014 09:34 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
Russell Investments chief economist Mike Dueker was found dead Thursday, and police said it appeared he had taken his own life by jumping from a ramp near the Tacoma Narrows Bridge

Read more here: [link to www.thenewstribune.com]


And on top of this........

Northwestern Mutual mulls sale of Russell Investments

The corporate parent of Russell Investments said the Seattle-based asset-management firm could be put up for sale.

[link to seattletimes.com]

:eurobankrupt1:
 Quoting: Ragman (Rags)


What I am really surprised about is...that there hasn't been a rash of assassinations of some of the top financial CEO's.

With all there people losing their life savings, houses, homes, jobs, that someone hasn't done something like this..

Falling Down

[link to www.youtube.com]
 Quoting: Anonymous Coward 45817810


Maybe there have been assassinations? Many murders are disguised as suicides.
Anonymous Coward
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01/30/2014 09:34 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
Dueker brings state-of-the-art empirical modeling and forecasting techniques to key economic developments, the term structure of interest rates, currency markets and tactical asset allocation. He coordinates efforts to formulate globally consistent Russell views on the near-term macroeconomic outlook, including inflation and currency developments.

[link to depts.washington.edu (secure)]
 Quoting: Anonymous Coward 24770432


I would really like to know what sent this guy over the edge.
 Quoting: Anonymous Coward 33432732


or who
Anonymous Coward
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01/30/2014 09:34 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide

[link to www.youtube.com]
Anonymous Coward
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01/30/2014 09:35 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
...


AND WHY would you be scared? Don't you know everything in life has a ledger and the account IS NOW DUE?

Are you going to kill yourself now, too?

If so, then be weak.
 Quoting: Anonymous Coward 2799801


No. I am not going to kill myself.

If you are not a little nervous about another Great Depression, then great. But, it is just a scary thought because things are already pretty difficult.
 Quoting: Anonymous Coward 50346267


Read the Bible ; the Book of Revelation ; to be exact

they are only going to get worse

You have to be strong, be very flexible and don't be materialistic

you really could loose it all ; but who cares

stuff is just stuff

These are the end times ; if you are right with God

you will come out on top ; no matter how bad it gets

and it WILL get bad

you have to not be a wimp but stay strong for the wimps will not survive this one
 Quoting: Anonymous Coward 53188723
sorry but that book isn't a history book .
 Quoting: Anonymous Coward 51814714

1/3 or more history

and about 2/3 prophecy

prophecy of which is coming true as I type this reply out here!

have fun
Uncle Fuck Stick

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01/30/2014 09:35 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
Dueker brings state-of-the-art empirical modeling and forecasting techniques to key economic developments, the term structure of interest rates, currency markets and tactical asset allocation. He coordinates efforts to formulate globally consistent Russell views on the near-term macroeconomic outlook, including inflation and currency developments.

[link to depts.washington.edu (secure)]
 Quoting: Anonymous Coward 24770432


I would really like to know what sent this guy over the edge.
 Quoting: Anonymous Coward 33432732


What else...either fear of incarnation OR it was a staged suicide so he wouldn't squeel
:4hlick:
Ragman (Rags)  (OP)

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01/30/2014 09:36 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
Dueker brings state-of-the-art empirical modeling and forecasting techniques to key economic developments, the term structure of interest rates, currency markets and tactical asset allocation. He coordinates efforts to formulate globally consistent Russell views on the near-term macroeconomic outlook, including inflation and currency developments.

[link to depts.washington.edu (secure)]
 Quoting: Anonymous Coward 24770432


I would really like to know what sent this guy over the edge.
 Quoting: Anonymous Coward 33432732


or who
 Quoting: Anonymous Coward 42983841


Very busy area Hwy 16 around the Narrows, Traffic is already backed up at that time in the morning, someone would have saw something......I would think, also very well lighted area too....

1dunno1
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01/30/2014 09:37 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
Dueker brings state-of-the-art empirical modeling and forecasting techniques to key economic developments, the term structure of interest rates, currency markets and tactical asset allocation. He coordinates efforts to formulate globally consistent Russell views on the near-term macroeconomic outlook, including inflation and currency developments.

[link to depts.washington.edu (secure)]
 Quoting: Anonymous Coward 24770432


I would really like to know what sent this guy over the edge.
 Quoting: Anonymous Coward 33432732


or who
 Quoting: Anonymous Coward 42983841


Very busy area Hwy 16 around the Narrows, Traffic is already backed up at that time in the morning, someone would have saw something......I would think, also very well lighted area too....

1dunno1
 Quoting: Ragman (Rags)


professional assassins
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01/30/2014 09:38 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
...


Oops, sorry, Ragman is the O.P. I didn't scroll up far enough.
 Quoting: Anonymous Coward 50346267


no worries - thumbs

But yeah, Thats another huge one obviously as a 50 Blue Chip Forecaster, but trust me, targeting the Federal Funds Rate, that might pulled the trigger on what will happen down the road......

spock
 Quoting: Ragman (Rags)


Yes... that is the thing about these "suicides" (which may or may not be suicides)... a lot of these guys were involved in the type of financials that have to know the future.

I see a lot of people wondering why they would "suicide" (if they even did).. well.. some of them might be held liable by their companies, the public, the government, someone. Some of them might not deserve to be in that place, but have been scapegoated by someone else since people in that area of business at a high level are good at being sneaky with numbers.

Another possibility is they see what is happening to highly qualified people in other fields and feel they will fare no better. Which means working very low level jobs that in no way will even begin to pay their bills. But, they have big insurance policies so their kids will get more money from them if they are dead than if they are working for $9/hr somewhere.
 Quoting: Anonymous Coward 50346267
Ha ha ha

you take a guy use to coming in when he wants; calling the shots, being an a hole ....the big boss

and then he is suppose to be reduced to getting a 9 hour job where he is treated like the rest of the slaves

I think these high rollers could never stoop to that level and decide to exit before they get to it
 Quoting: Anonymous Coward 53188723

That's not the case here at all.

This guy worked for the St.Louis Fed for 17 years for pete's sake!!!
Windsage

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01/30/2014 09:39 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
Dueker also led Russell’s participation as one of 50 Blue Chip forecasters for both Blue Chip Economic Indicators and Blue Chip Financial Forecasts.

Read more here: [link to www.thenewstribune.com]

that is the final sentence of the Chicago Tribune article.

Obviously even with what Phenn posted, this is only a tiny part of the entire article.
 Quoting: Anonymous Coward 50346267


Oops, sorry, Ragman is the O.P. I didn't scroll up far enough.
 Quoting: Anonymous Coward 50346267


no worries - thumbs

But yeah, Thats another huge one obviously as a 50 Blue Chip Forecaster, but trust me, targeting the Federal Funds Rate, that might pulled the trigger on what will happen down the road......

spock
 Quoting: Ragman (Rags)


Yes... that is the thing about these "suicides" (which may or may not be suicides)... a lot of these guys were involved in the type of financials that have to know the future.

I see a lot of people wondering why they would "suicide" (if they even did).. well.. some of them might be held liable by their companies, the public, the government, someone. Some of them might not deserve to be in that place, but have been scapegoated by someone else since people in that area of business at a high level are good at being sneaky with numbers.

Another possibility is they see what is happening to highly qualified people in other fields and feel they will fare no better. Which means working very low level jobs that in no way will even begin to pay their bills. But, they have big insurance policies so their kids will get more money from them if they are dead than if they are working for $9/hr somewhere.
 Quoting: Anonymous Coward 50346267


I don't think life insurance pays out on a suicide. In my opinion there are much more intelligent ways for them to accomplish the task, and since these 'suicides' are obviously intelligent, resourceful, strategic thinkers, I cannot believe that they are simply jumping out of windows. They have already been through tough times in their climb to the top, they are NOT wimps.

It's preposterous to think that they couldn't come up with a better way to handle their problem. I'm nowhere nearly in their league for smarts and even I could have figured out a way to fake my death so my family could at least have my insurance money, ffs. Alternatively, they could google a country that has no extradition to the US, make a few trips to the area to sock away some cash, buy a small resort with a bar and restaurant, move your family there, and act like that and a hammock was your goal all along. So freakin' easy.

These guys are getting waxed, pure and simple.

Last Edited by Windsage on 01/30/2014 09:39 PM
Anonymous Coward
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01/30/2014 09:40 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
wow lots of investors crossing over to the other side these days, guess this is the modern day of jumping out of the window like the great depression
 Quoting: marlborolightsplease


That's what tptb would like you to think.

Don't fall for it - no pun intended.

hf
Anonymous Coward
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01/30/2014 09:41 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
he must have been taking anti-depressants!
Anonymous Coward
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01/30/2014 09:41 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
Dueker brings state-of-the-art empirical modeling and forecasting techniques to key economic developments, the term structure of interest rates, currency markets and tactical asset allocation. He coordinates efforts to formulate globally consistent Russell views on the near-term macroeconomic outlook, including inflation and currency developments.

[link to depts.washington.edu (secure)]
 Quoting: Anonymous Coward 24770432


I would really like to know what sent this guy over the edge.
 Quoting: Anonymous Coward 33432732


or who
 Quoting: Anonymous Coward 42983841


Yeah, or that...

smile
Anonymous Coward
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01/30/2014 09:41 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
I'm scared. Really.

This is bad.
 Quoting: Anonymous Coward 50346267


Don't be scared

the collapse of this society is the right thing to happen

you will find food

learn to hunt fish and store up water

in the world to come; the tough will survive
 Quoting: Anonymous Coward 53188723


This isn't the old days. A lot of people think they will hunt and fish to survive. The USA will be out of game and fish within weeks. We are unsustainable without agriculture and imports.
Anonymous Coward
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01/30/2014 09:41 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
Pic of jump site

[link to www.twitter.com (secure)]
Ragman (Rags)  (OP)

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01/30/2014 09:42 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
...


no worries - thumbs

But yeah, Thats another huge one obviously as a 50 Blue Chip Forecaster, but trust me, targeting the Federal Funds Rate, that might pulled the trigger on what will happen down the road......

spock
 Quoting: Ragman (Rags)


Yes... that is the thing about these "suicides" (which may or may not be suicides)... a lot of these guys were involved in the type of financials that have to know the future.

I see a lot of people wondering why they would "suicide" (if they even did).. well.. some of them might be held liable by their companies, the public, the government, someone. Some of them might not deserve to be in that place, but have been scapegoated by someone else since people in that area of business at a high level are good at being sneaky with numbers.

Another possibility is they see what is happening to highly qualified people in other fields and feel they will fare no better. Which means working very low level jobs that in no way will even begin to pay their bills. But, they have big insurance policies so their kids will get more money from them if they are dead than if they are working for $9/hr somewhere.
 Quoting: Anonymous Coward 50346267
Ha ha ha

you take a guy use to coming in when he wants; calling the shots, being an a hole ....the big boss

and then he is suppose to be reduced to getting a 9 hour job where he is treated like the rest of the slaves

I think these high rollers could never stoop to that level and decide to exit before they get to it
 Quoting: Anonymous Coward 53188723

That's not the case here at all.

This guy worked for the St.Louis Fed for 17 years for pete's sake!!!
 Quoting: Anonymous Coward 33432732


hesright
Anonymous Coward
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01/30/2014 09:42 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
yeah, I think it is likely "guys are getting waxed".

oh, and I thought of a new reason.. maybe they figured out things people at their level were not supposed to know yet? and their job was such that it was obvious to whomever that they had figured it out.

there will be a person put in their job who will need to spend some time just getting up to speed and who won't spot what they did for another however many months.

maybe someone is stalling and needs every single second of their stall time.
Anonymous Coward
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01/30/2014 09:43 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
A guy in my area blew his brains out, due to taxes he owed. Had a beautiful wife and blonde little girls. Can't believe one would check out over some financial troubles.
 Quoting: Lionman13


What puzzles me is all these wealthy guys must have multi-million dollar life insurance policies. Their wife and kids get nothing if they commit suicide. I always wondered about that. (At least I'm assuming that life insurance polices don't pay if suicide is committed.)
 Quoting: nutmeg


It depends on the state and then if they do pay they will only pay if there isn't any proof that the policy holder was suicidal when he took out the policy. Some may also have time period until it will be covered. All states are different.
This Is Not Me

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01/30/2014 09:43 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
Holy shit snacks!
Anonymous Coward
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01/30/2014 09:46 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
I'm scared. Really.

This is bad.
 Quoting: Anonymous Coward 50346267


Don't be scared

the collapse of this society is the right thing to happen

you will find food

learn to hunt fish and store up water

in the world to come; the tough will survive
 Quoting: Anonymous Coward 53188723


This isn't the old days. A lot of people think they will hunt and fish to survive. The USA will be out of game and fish within weeks. We are unsustainable without agriculture and imports.
 Quoting: Anonymous Coward 42718714


oh...please

most of those gang hoodlums in the cities will not leave the rat infested cities...they will stay and it will become a world of gang rule

Most would NOT survive in the wilderness anyway

only the few who know how to survive will live through it

Survival of the fittest
Anonymous Coward
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01/30/2014 09:47 PM
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Re: Holy Shit... Russell Indexes Chief Economist Commits Suicide
...


Oops, sorry, Ragman is the O.P. I didn't scroll up far enough.
 Quoting: Anonymous Coward 50346267


no worries - thumbs

But yeah, Thats another huge one obviously as a 50 Blue Chip Forecaster, but trust me, targeting the Federal Funds Rate, that might pulled the trigger on what will happen down the road......

spock
 Quoting: Ragman (Rags)


Yes... that is the thing about these "suicides" (which may or may not be suicides)... a lot of these guys were involved in the type of financials that have to know the future.

I see a lot of people wondering why they would "suicide" (if they even did).. well.. some of them might be held liable by their companies, the public, the government, someone. Some of them might not deserve to be in that place, but have been scapegoated by someone else since people in that area of business at a high level are good at being sneaky with numbers.

Another possibility is they see what is happening to highly qualified people in other fields and feel they will fare no better. Which means working very low level jobs that in no way will even begin to pay their bills. But, they have big insurance policies so their kids will get more money from them if they are dead than if they are working for $9/hr somewhere.
 Quoting: Anonymous Coward 50346267


I don't think life insurance pays out on a suicide. In my opinion there are much more intelligent ways for them to accomplish the task, and since these 'suicides' are obviously intelligent, resourceful, strategic thinkers, I cannot believe that they are simply jumping out of windows. They have already been through tough times in their climb to the top, they are NOT wimps.

It's preposterous to think that they couldn't come up with a better way to handle their problem. I'm nowhere nearly in their league for smarts and even I could have figured out a way to fake my death so my family could at least have my insurance money, ffs. Alternatively, they could google a country that has no extradition to the US, make a few trips to the area to sock away some cash, buy a small resort with a bar and restaurant, move your family there, and act like that and a hammock was your goal all along. So freakin' easy.

These guys are getting waxed, pure and simple.
 Quoting: Windsage


Ding ding ding we have a winner.





GLP