Friday, January 30, 2015

GLOBAL ECONOMIC MELTDOWN: Another Banker Bites The Dust – "Cheerful" Dutch Financier Becomes 4th ABN Amro Banker Suicide?!

January 30, 2015 - HOLLAND
- Following the deaths of 36 bankers last year, 2015 has got off to an inauspicious start with the reported suicide of Chris Van Eeghen – the 4th ABN Amro banker suicide in the last few years. As Quotenet reports, the death of Van Eghen  – the head of ABN’s corporate finance and capital markets -“startled” friends and colleagues as the 42-year-old “had a great reputation” at work, came from an “illustrious family,” and enjoyed national fame briefly as the boyfriend of a famous actress/model. As one colleague noted, “he was always cheerful, good mood, and apparently he had everything your heart desired. He never sat in the pit, never was down, so I was extremely surprised. I can not understand.”

As Niburu details,
friends and colleagues were startled by the news that Chris van Eeghen had committed suicide.
He worked in Amsterdam for ABN / AMRO in the position of “head of syndicate and corporate finance markets.”

Again, there is again a familiar pattern, namely that there is no indication that Van Eeghen had plans to take his life.

Ostensibly a successful banker, coming from what was described as an illustrious family. Chris was also a familiar sight in Amsterdam’s nightlife scene and enjoyed national fame as possible new boyfriend of Tatjana Simic (a famous Croatian-Dutch model, singer, actress).

“I have never expected. It was an incredibly nice cute guy, “said a neighbor from Amsterdam. In banking circles he had a good reputation.
Most believe that the suicide is not related to his work at the bank, but a former colleague had noticed that on his Facebook recently changed its job title to “former.”

Chris leaves behind a son – who had recently been cleared of cancer.
*  *  *
This is the 4th ABN Amro suicide in recent years…
In December last year, missing couple, Thieu (64) [a relationship manager at ABN Amro] and Ellen (55) Leenen from Valkenswaard were found dead in their car Monday afternoon in the Bocholt-Herentals canal in Mol (Belgium). The circumstances under which the car is hit water, point to suicide, police said.
In April last year killed former ABN Amro board member Jan-Peter Schmittman even suicide.
In 2009, ABN-Amro banker and Fentener Vlissingen scion Huibert Boumeester an end to his life in London to put a bullet through his head. Cause for the suicide were missed Madoff investments, was then suggested.
* * *
This is the third banker death in 2015…
1) Michael Flanagan, 45, head of Foreign Exchange, National Australia Bank, London, England
2) Omar Meza, 33, Vice President, AIG, Los Angeles, America
3) Chris van Eeghen, 42, Head of Syndicate and Corporate Finance Markets, ABN / AMRO, Amsterdam, The Netherlands
*  *  *
After at least 36 banker deaths last year…
1) David Bird, 55, long-time reporter for the Wall Street Journal working at the Dow Jones news room
2) Tim Dickenson, a U.K.-based communications director at Swiss Re AG
3) William Broeksmit, 58, former senior manager for Deutsche Bank
4) Ryan Henry Crane, age 37, JP Morgan
5) Li Junjie, 33, Hong Kong JP Morgan
6) Gabriel Magee, 39, age JP Morgan employee
7) Mike Dueker, 50, who had worked for Russell Investments
8) Richard Talley, 57, was the founder and CEO of American Title (real estate titles)
9) James Stuart Jr. 70, Former National Bank of Commerce CEO was found dead in Scottsdale, Ariz
10) Jason Alan Salais, 34 year old IT Specialist at JPMorgan since 2008
11) Autumn Radtke, 28, CEO of First Meta, a Singapore-based virtual currency trading platform
12) Eddie Reilly, 47, investment banker, Vertical Group, New York
13) Kenneth Ballando, 28, investment banker, Levy Capital, New york
14) Joseph A. Giampapa, 55, corporate bankruptcy lawyer, JP Morgan Chase
15) Jan Peter Schmittmann, 57, voormalig topbestuurder ANB/AMRO, Laren, Nederland
16) Juergen Frick, 48, CEO Bank Frick & Co AG, Liechtenstein
17) Benoît Philippens, 37, directeur BNP Parisbas Fortis Bank, Ans, België.
18) Lydia…, 52, bankier Bred-Banque-Populaire, Parijs
19) Andrew Jarzyk, 27, bankier, PNC Bank, New York
20) Carlos Six, 61, Hoofd Belastingdienst en lid CREDAF, België
21) Jan Winkelhuijzen, 75, Commissaris en Fiscalist (voormalig Deloitte), Nederland.
22) Richard Rockefeller, 66, achterkleinzoon elitebankier John D. Rockefeller, Amerika
23) Mahafarid Amir Khosravi (Amir Mansour Aria), 45, bankeigenaar, zakenman en derivatenhandelaar, Iran
24) Lewis Katz, 76, zakenman, advocaat en insider in de bancaire wereld, Amerika
25) Julian Knott, Directeur Global Operations Center JP Morgan, 45, Amerika
26) Richard Gravino, IT Specialist JP Morgan, 49, Amerika
27) Thomas James Schenkman, Managing Director Global Infrastructure JP Morgan, 42, Amerika
28) Nicholas Valtz, 39, Managing Director Goldman Sachs, New York, Amerika
29) Therese Brouwer, 50, Managing Director ING, Nederland
30) Tod Robert Edward, 51, Vice President M & T Bank, Amerika
31) Thierry Leyne, 48, investeringsbankier en eigenaar Anatevka S.A., Israël
32) Calogero Gambino, 41, Managing Director Deutsche Bank, Amerika
33) Shawn D. Miller, 42, Managing Director Citigroup, New York, Amerika
34) Melissa Millian, 54, Senior Vice President Mass Mutual, Amerika
35) Thieu Leenen, 64, Relatiemanager ABN/AMRO, Eindhoven, Nederland
36) Geert Tack, 52, Private Banker ING, Haaltert, België

- Zero Hedge.

PLAGUES & PESTILENCES: Up To 1,000 Exposed To Measles In Arizona - Health Officials Believe The Cases Will Grow, Asks People Who May Have Come In Contact With The Virus To Isolate Themselves!

A doctor prepares to administer a measles vaccination to a child at in Miami.(Photo: Joe Raedle, Getty Images)

January 30, 2015 - ARIZONA, UNITED STATES
- With as many as 1,000 people across three Arizona counties potentially exposed to the measles, state public-health officials are asking people who think they may have come in contact with the virus to isolate themselves.

In addition, they are asking those who may have been exposed not to show up at doctors' offices, emergency rooms or urgent-care centers, where others could be exposed to the highly contagious virus, which can linger in the air for two hours.

Maricopa County Public Health Director Bob England said parents who are concerned about sending their children to school or day care should start asking direct questions.

"It is perfectly reasonable to ask their child-care provider or school how many kids in that school are not vaccinated because parents chose not to," he said.

To date, officials have confirmed seven cases of measles: five in Pinal County, two in Maricopa County. In addition, health officials in Gila County are working to identify anyone who might have come in contact with one of the Pinal County patients, who visited a hospital there in mid-January.

The possible exposure rate of 1,000 people is tied in large part to those who may have come in contact with 195 children who Maricopa County health officials say were exposed to measles between Jan. 20 and 21 at the Phoenix Children's East Valley Center in Mesa.

Public-health officials believe the cases of measles will probably grow, but they do not want to instill panic.

The general public is not advised to wear masks or avoid public transportation, England said.

"I don't want people to change their lives," he said. "If you go out in public, you are way more likely to get the flu. What we're trying to do is nip this in the bud, track people who've been exposed, keep them out of child care and work, so it doesn't become widespread."

Mesa resident Shana Bereche, 30, is one of the people potentially exposed and is waiting to see if her 4-month-old daughter, Leighton, shows any symptoms.

Bereche said she had taken Leighton to the Phoenix Children's East Valley Center Jan. 21 for a doctor's appointment.

She said the county told her they were at the clinic 30 minutes before and two hours after the person with measles had been there. "So, I don't know if we shared a room, passed in the hall," she said.
Wednesday was the first possible day Leighton was considered contagious, said Bereche, who is keeping her daughter quarantined at home. "But it could take up to Feb. 10 to show signs or symptoms," she said. "If she wakes up on Feb. 11 with no rash, we're in the clear."

The difficult part, Bereche said, is that Leighton has excessive drooling and coughs, some of the symptoms of having measles. "But that's common for a baby," she said.

On Monday, Leighton received a shot of immunoglobulin, to help build her immune system.

Those who have been notified they were exposed or believe they have come in contact with someone carrying the measles virus are urged to go into self-quarantine.

"Anybody who is unvaccinated or undervaccinated (received only the first of two recommended doses) who has been exposed to measles patients, needs to be in isolation for 21 days," said Will Humble, director of the Arizona Department of Health Services.

WATCH: Gila County health officials are tracking 14 people who might have been exposed to measles at a hospital.

Local pharmacies can give the measles shot, but those interested are advised to call ahead to make sure your local drugstore has the vaccine in stock. The co-pay will vary depending on a person's health plan. If you are not insured, expect to pay about $100 per shot.

Vaccination rates for measles, mumps and rubella in Maricopa and Pinal vary greatly among county kindergartens for the 2013-14 school year, according to Arizona Department of Health Services records. Rates range from 100% to as low as 38%.

The statistics are for kindergartens with more than 20 students enrolled. The state would not release information regarding those smaller schools, citing concerns over privacy.

All three state universities — Arizona State University, University of Arizona and Northern Arizona University — require students to provide verification they've had two measles vaccinations before they can register for classes.

The most proactive approach against the disease is to ensure that someone has been vaccinated or check to see if they have had the measles, England and Humble stress.

It's a matter of taking the personal responsibility to guard against the spread of the disease, Humble added. "Everybody needs to tell the truth" about whether they've had the measles or have been vaccinated, Humble said. And those who know they have not gotten the vaccine should comply for the good of the community, he said, adding: "We all have to do this together. It's the golden rule. It's not complicated."

He noted that the measles can cause blindness, deafness and even death — especially in young children.

Health officials say measles begins with a fever, red and watery eyes, a cough and a runny nose, followed by a red, raised and blotchy rash that begins on the head at the hairline and moves to the lower extremities. Symptoms typically appear seven to 12 days after exposure to measles but it may take up to 21 days.

Dr. Amy Shoptaugh, a pediatrician at All About Kids Pediatrics in Tempe, said her office has had an increase in calls from parents whose children have not been vaccinated.

Shoptaugh said she last saw a case of measles 20 years ago, when she was working in Nepal.

"If you get the measles, you can get very sick," she said. "There can be a fever of 104 or 105 with a rash that is pretty significant."

The only real treatment is taking ibuprofen or acetaminophen.

The recent outbreak likely originated at Disneyland before Christmas. The California Department of Public Health reported last week that the state has 59 confirmed cases, with 42 linked to Disneyland or California Adventure in Anaheim. The outbreak has spread to Washington, Utah, Colorado, Oregon and Arizona.

The two Arizona cases confirmed Tuesday involve a man in Pinal County and a woman in Phoenix and were tied to a Kearny-area family of four whose measles cases were confirmed last week following travel to Disneyland.

Gila County health officials said the patient in question visited the Cobre Valley Regional Medical Center at 1:47 a.m. on Jan. 14. Anyone who was working at the hospital or visited between 1:30 a.m. and 8:30 a.m. on Jan. 14 was potentially exposed, and health officials have identified nine staff members and eight non-staff members whom they are tracking.

Last week, Maricopa County officials reported that a woman in her 50s tested positive for measles, which they believe she contracted at Disneyland.

Republic reporters Anne Ryman, Caitlin McGlade and Sarah Jarvis contributed to this article.
Measles symptoms

Typically appear seven to 21 days after exposure to measles.

Begin with fever (101 F or higher), red and watery eyes, cough and runny nose.

Are followed by a rash that is red, raised and blotchy. The rash begins on the face at the hairline and moves down the body. The rash may last for five to six days and may turn brownish.
If you think you have measles

Contact your health-care provider, emergency room or urgent-care center by phone. They will direct you when to visit so as not to expose others in the waiting area. - USA Today.

PLANETARY TREMORS: Strong 6.0 Magnitude Pacific Earthquake Strikes Off Vanuatu - No Destructive Tsunami! [MAPS+TECTONIC SUMMARY]

USGS earthquake location.

January 30, 2015 - VANUATU
- A strong magnitude-6.0 earthquake has struck in waters near Vanuatu on Friday, the U.S. Geological Survey says, but there are no immediate reports of injuries or damage.

No tsunami warning was in effect after the quake struck 130 miles (209 km) southeast of Isangel, according to the Pacific Tsunami Warning Centre website.

The temblor struck at 17:57:57 UTC time at a depth of 15.1 kilometres.

There have been no immediate reports of damage or injury.

USGS shakemap intensity.

Vanuatu lies on the so-called "Pacific Ring of Fire", a zone of frequent seismic activity caused by friction between shifting tectonic plates.

It has been rocked by several large quakes in recent years, averaging about three magnitude 7.0 or above incidents every year without any major damage.

Just one week ago, a powerful 6.8 earthquake struck the same area at a relatively shallow depth of 218.5 kilometres.

Tectonic Summary - Seismotectonics of the Eastern Margin of the Australia Plate

The eastern margin of the Australia plate is one of the most sesimically active areas of the world due to high rates of convergence between the Australia and Pacific plates. In the region of New Zealand, the 3000 km long Australia-Pacific plate boundary extends from south of Macquarie Island to the southern Kermadec Island chain. It includes an oceanic transform (the Macquarie Ridge), two oppositely verging subduction zones (Puysegur and Hikurangi), and a transpressive continental transform, the Alpine Fault through South Island, New Zealand.

Since 1900 there have been 15 M7.5+ earthquakes recorded near New Zealand. Nine of these, and the four largest, occurred along or near the Macquarie Ridge, including the 1989 M8.2 event on the ridge itself, and the 2004 M8.1 event 200 km to the west of the plate boundary, reflecting intraplate deformation. The largest recorded earthquake in New Zealand itself was the 1931 M7.8 Hawke's Bay earthquake, which killed 256 people. The last M7.5+ earthquake along the Alpine Fault was 170 years ago; studies of the faults' strain accumulation suggest that similar events are likely to occur again.

North of New Zealand, the Australia-Pacific boundary stretches east of Tonga and Fiji to 250 km south of Samoa. For 2,200 km the trench is approximately linear, and includes two segments where old (>120 Myr) Pacific oceanic lithosphere rapidly subducts westward (Kermadec and Tonga). At the northern end of the Tonga trench, the boundary curves sharply westward and changes along a 700 km-long segment from trench-normal subduction, to oblique subduction, to a left lateral transform-like structure.

Australia-Pacific convergence rates increase northward from 60 mm/yr at the southern Kermadec trench to 90 mm/yr at the northern Tonga trench; however, significant back arc extension (or equivalently, slab rollback) causes the consumption rate of subducting Pacific lithosphere to be much faster. The spreading rate in the Havre trough, west of the Kermadec trench, increases northward from 8 to 20 mm/yr. The southern tip of this spreading center is propagating into the North Island of New Zealand, rifting it apart. In the southern Lau Basin, west of the Tonga trench, the spreading rate increases northward from 60 to 90 mm/yr, and in the northern Lau Basin, multiple spreading centers result in an extension rate as high as 160 mm/yr. The overall subduction velocity of the Pacific plate is the vector sum of Australia-Pacific velocity and back arc spreading velocity: thus it increases northward along the Kermadec trench from 70 to 100 mm/yr, and along the Tonga trench from 150 to 240 mm/yr.

USGS plate tectonics for the region.

The Kermadec-Tonga subduction zone generates many large earthquakes on the interface between the descending Pacific and overriding Australia plates, within the two plates themselves and, less frequently, near the outer rise of the Pacific plate east of the trench. Since 1900, 40 M7.5+ earthquakes have been recorded, mostly north of 30°S. However, it is unclear whether any of the few historic M8+ events that have occurred close to the plate boundary were underthrusting events on the plate interface, or were intraplate earthquakes. On September 29, 2009, one of the largest normal fault (outer rise) earthquakes ever recorded (M8.1) occurred south of Samoa, 40 km east of the Tonga trench, generating a tsunami that killed at least 180 people.

Across the North Fiji Basin and to the west of the Vanuatu Islands, the Australia plate again subducts eastwards beneath the Pacific, at the North New Hebrides trench. At the southern end of this trench, east of the Loyalty Islands, the plate boundary curves east into an oceanic transform-like structure analogous to the one north of Tonga.

Australia-Pacific convergence rates increase northward from 80 to 90 mm/yr along the North New Hebrides trench, but the Australia plate consumption rate is increased by extension in the back arc and in the North Fiji Basin. Back arc spreading occurs at a rate of 50 mm/yr along most of the subduction zone, except near ~15°S, where the D'Entrecasteaux ridge intersects the trench and causes localized compression of 50 mm/yr in the back arc. Therefore, the Australia plate subduction velocity ranges from 120 mm/yr at the southern end of the North New Hebrides trench, to 40 mm/yr at the D'Entrecasteaux ridge-trench intersection, to 170 mm/yr at the northern end of the trench.

Large earthquakes are common along the North New Hebrides trench and have mechanisms associated with subduction tectonics, though occasional strike slip earthquakes occur near the subduction of the D'Entrecasteaux ridge. Within the subduction zone 34 M7.5+ earthquakes have been recorded since 1900. On October 7, 2009, a large interplate thrust fault earthquake (M7.6) in the northern North New Hebrides subduction zone was followed 15 minutes later by an even larger interplate event (M7.8) 60 km to the north. It is likely that the first event triggered the second of the so-called earthquake "doublet".

More information on regional seismicity and tectonics


WEATHER PHENOMENON: Is That Ice Jellyfish - No, Frozen Methane Bubbles Seen In Banff National Park In Alberta, Canada Trapped Under A Lake; Can Be Ignited With A Match?!

A photographer has captured amazing images of methane bubbles in Banff National Park in Alberta, Canada.
Pictured are some methane gas bubbles underneath Vermillion Lake. © Caters News Agency 

January 30, 2015 - CANADA
- These lakes may look like they are full of bizarre floating sea creatures, but they are actually filled with thousands of frozen bubbles.

Snapped across Banff National Park in Alberta, Canada, the natural wonders are made of highly flammable gas methane.

The gas - emitted by bacteria after they consume dead organic matter - is fairly harmless, but these bubbles can cause an explosion if lit.

Paul Zizka, 35, tracked down the natural phenomenon, which he photographed at Lake Minnewanka, the Vermillion Lake and Abraham Lake.

Abraham Lake is the most commonly-photographed spot for the spectacular sight.

But adventure-loving Mr Zizka, who loves to explore, revealed Lake Minnewanka offers rival views - but is just a little trickier to get to.

He said: 'All three lakes are ever-changing, cover wide areas and provide endless possibilities for the keen landscape photographer. They are magical places to explore and I find myself returning to them often. The methane bubbles depicted in the photographs have generated a lot of buzz primarily on social media. Many people have never seen the phenomenon before. People marveled at the beauty of them and wondered what they really were.'

The strange phenomena is caused when permafrost in the area begins to thaw out.

Organic matter stored in the bottom of the lake begins to thaw out, and microbes decompose it, releasing methane.

Methane does not dissolve into the water, and instead forms bubbles that rise to the surface.

In summer, the methane bubbles simply rise to the surface and pop to enter the atmosphere. However, when the lake is frozen in the winter, the bubbles become trapped on their way to the surface.

In a video, Professor Katey Walter Anthony from the University of Alaska likened it to a 'time-lapse photograph' of methane emissions from the lakes.

It should be noted, however, that the methane bubbles can be dangerous - a molecule of methane is 25 times more potent as a heat-trapping gas than carbon dioxide.

If you were to 'pop' one of the bubbles and hold a match over it, it would ignite.

The similarly bizarre 'Ice Pancakes' found in a Scottish river

Unusual pancake shaped ice formations that are more typically seen in Arctic and Antarctic sea ice were found floating on a river in Scotland back in December. The dinner plate-sized ice 'pancakes' have formed on a quiet stretch of the River Dee in Aberdeenshire.

The strange formations were photographed at the Lummels Pool, Birse, near Aboyne, by Jamie Urquhart, a biologist for the River Dee Trust.

The pancakes are thought to have formed from foam created by faster flowing water further upstream, accumulating in a corner of a pool.

Freezing temperatures last week caused the foam to freeze, and the current bashed them into a circular shape.

Normally pancakes form on ocean water or lakes around the Arctic circle where the movement of water keeps the ice from forming a flat sheet.

However, they do occasionally occur on rivers when temperatures drop low enough.
Officials at the Dee River Trust said it is the first time they have seen pancake ice form on the river.
- Daily Mail.

FIRE IN THE SKY: Mysteriously Slow-Moving, UFO-Shaped Fireball Filmed Over Argentina?!

January 30, 2015 - ARGENTINA
- A bystander has caught video of a mysterious floating fireball that appears to hang over the sky in Argentina.

With no explanation available many are claiming it to be a UFO.

The video was actually taken at the beginning of January but has only just been uploaded onto the internet.

According to UFO Sightings Daily, local residents in Frías spotted the fireball and at first believed it was nothing more than a meteor.

Of course meteors move at very high speeds when entering the Earth's atmosphere and so tend to appear and disappear in seconds.

WATCH: Fireball over Brazil.

UFOs come in many shapes and sizes, from your 'classic metallic disc' that has a tendency to float above well-known landmarks, to your less common 'fiery ball of death' UFO which appears, burns very brightly and then promptly disappears.

There are usually explanations for all of these, and in time, one will probably present itself for this one too.

Until that point however we're none the wiser and neither is everyone else so watch, enjoy, and relish in shameless speculation. - Huffington Post.