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As Bloomberg reports, following the deaths of a JPMorgan senior manager (Tuesday) and a Deutsche Bank executive (Sunday), Russell Investments' Chief Economist (and former Fed economist) Mike Dueker was found dead at the side of a highway in Washington State. Police said the death appeared to be a suicide.
Dueker was reported missing on Jan. 29, and a group of friends had been searching for him along with law enforcement. Troyer said Dueker was having problems at work, without elaborating.
Dueker had joined the financial services company, which calculates the Russell stock indices, in 2008 after years working at the Federal Reserve Bank of St. Louis. He worked at the reserve bank from 1991 to 2008, starting as an entry level research economist, then advancing to senior economist, research officer, and assistant vice president, according to a St. Louis Fed spokeswoman.
His most-cited work was a 1997 paper titled “Strengthening the case for the yield curve as a predictor of U.S. recessions,”
He may have jumped over a 4-foot (1.2-meter) fence before falling down a 40- to 50-foot embankment, Pierce County Detective Ed Troyer said yesterday. He said the death appeared to be a suicide.
TACOMA, Wash. • 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.
An officer who knew Dueker was missing in the area spotted the body about 8:30 a.m. at the base of a 40- to 50-foot embankment for a Highway 16 ramp, Pierce County sheriff's spokesman Ed Troyer said.
Dueker's car was parked at nearby War Memorial Park and it appears he jumped over the 4-foot fence of a bike-jogging trail along the ramp, Troyer said.
The company maintains unsurpassed ratings for insurance financial strength from all four major rating agencies (Standard & Poors lowered ratings for a number of insurance companies, including Northwestern Mutual, to AA+ in August 2011.
This was in response to "the United States government [being removed for the first time ever] from its (S&P's) list of risk-free borrowers"): A.M. Best, Standard & Poor's, Moody's, and Fitch Ratings.
The company is the nation's largest direct provider of individual life insurance in the United States, with more than $2 trillion in force. It is also the industry leader in total individual life insurance dividends paid to policy owners.
And no one parks their car near an embankment, jumps a fence and then falls down on purpose.
reply to post by Maluhia
First we saw a Massive Wave of Resignations from Top Level Bankers in 2012, now it's getting a lot darker...
One is an accident, two is a trend, three is a problem...
The 'problem' part is subjective
VATICAN CITY (AP) — Pope Francis made another move to clean house at the troubled Vatican bank on Wednesday, naming a new roster of cardinal advisers to replace the ones who were in place during its latest brushes with scandal.