Sunday, February 9, 2014

Suspicious Death of JPMorgan Vice President Under Investigation in London

By Pam Martens

London Police have confirmed that an official investigation is underway into the death of a 39-year old JPMorgan Vice President whose body was found on the 9th floor rooftop of a JPMorgan building in Canary Wharf two weeks ago.

The news reports at the time of the incident of Gabriel (Gabe) Magee’s “non suspicious” death by “suicide” resulting from his reported leap from the 33rd level rooftop of JPMorgan’s European headquarters building in London have turned out to be every bit as reliable as CEO Jamie Dimon’s initial response to press reports on the London Whale trading scandal in 2012 as a “tempest in a teapot.”

An intense investigation is now underway into the details of exactly how Magee died and why his death was so quickly labeled “non suspicious.” An upcoming Coroner’s inquest will reveal the details of that investigation.

It’s becoming clear that when JPMorgan tells us “nothing to see here, move along,” that’s the precise time we need to bring in the blood hounds and law enforcement with the guts to get past this global behemoth’s army of lawyers who have a penchant for taking over investigations and producing their own milquetoast reports of what happened.

Jamie Dimon’s so-called “tempest in a teapot” in the London Whale matter morphed into $6.2 billion in bank depositor losses, $1 billion in fines to JPMorgan, 300 pages of scandalous details by the U.S. Senate’s Permanent Subcommittee on Investigations that called into question JPMorgan’s risk controls and the integrity of upper management, and, finally, resulted in criminal charges against two of the men involved. The criminal cases have yet to go to trial.

According to numerous sources close to the investigation of Gabriel Magee’s death, almost nothing thus far reported about his death has been accurate.

Read the rest here.

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