Thursday, March 8, 2012

Chickens, Chickens Everywhere

On the theme of chickens coming home to roost, I've been following the growing number of bankster types who are suddenly deciding to spend a little more time with their families.

All told, as of yesterday, there have been 153 banksters who have resigned, or announced their intention to resign, from their positions of power and thievery. Seventeen of the charmers took a powder just yesterday. Kind of makes one wonder whether the poo is about to hit the air circulation device.

Here's the list, shamelessly heisted from, and with thanks to, American Kabuki ( and KP ( and their readers:

  1. 9/01/11 (USA NY) Bank of New York Mellon Chief Robert P. Kelly Resigns in a Shake-UP
  2. 09/20/11 (SCOTLAND) SCOTTISH WIDOWS (RETIREMENT INVESTMENT SAVINGS FUND) There could be no Scottish representative on the board of Lloyds Banking Group, owner of Bank of Scotland, in future after it announced the departure of Lord Sandy Leitch, the chairman of Scottish Widows and group deputy chairman.
  3. 9/25/11 (SWITZERLAND) UBS CEO Oswald Gruebel quits over £1.5bn rogue trader crisis
  4. 9/28/11 (SWITZERLAND) SNB Bank Council: Fritz Studer resigns as per end-April 2012
  5. 10/29/11 (CHINA) China Construction Bank Corp Chairman Guo Shuqing resigns
  6. 10/29/11 (CHINA) Agricultural Bank of China Ltd Chairman Xiang Junbo resigns
  7. 11/01/11 (INDIA) More directors of the Beed district bank resign
  8. 11/02/11 (UK) Lloyds Banking Group chief executive, António Horta-Osório, is to take leave of absence on health grounds for six to eight weeks, the BBC has reported. (STILL OUT AS OF 2/24/12 - DEFACTO RESIGNATION)
  9. 11/4/11 (USA) MF Global, Jon Corzine, stepped down as chairman and CEO, hired criminal attorney to represent him.
  10. 11/21/11 (JAPAN) UBS’s Japan Investment Banking Chairman Matsui to Resign
  11. 11/29/11 (USA) R. David Land Submits Resignation from the Boards of Directors of Peoples Bancorp. and Seneca National Bank
  12. 12/15/11 (UK) Senior private banker James Fleming resigns from Coutts [private bank]
  13. 12/23/11 (USA VA) Bank feud: Chairman Mark Giles quits VNB
  14. 12/23/11 (USA VA) Bank feud: Board Member Claire Gargalli quits VNB
  15. 12/23/11 (USA VA) Bank feud: Board Member Leslie Disharoon quits VNB
  16. 12/23/11 (USA VA) Bank feud: Board Member Neal Kassell quits VNB
  17. 1/01/12 (NIGERIA) United Bank for Africa Plc Victor Osadolor resigns
  18. 1/01/12 (ISRAEL) Israel’s Bank Leumi CEO Galia Maor steps down after 16 years
  19. 1/03/12 (USA VA) Suffolk Bancorp president and CEO J. Gordon Huszagh steps down
  20. 1/03/12 (UK) Arbuthnot Banking Group: Neil Kirton resigned from the Board
  21. 1/03/12 (UK) Arbuthnot Banking Group: Atholl Turrell left the Board.
  22. 1/05/12 (UK) Saunderson House [Private Bank] CEO Nick Fletcher steps down
  23. 1/09/12 (SWITZERLAND) SNB Chairman Philipp Hildebrand resigns
  24. 1/19/12 (SPAIN) Spanish bank Santander’s Americas chief Francisco Luzon quits
  25. 1/30/12 (UK) Butterfield Private Bank head Danny Dixon Steps Down
  26. 1/20/12 (JAPAN) Normura’s head of wholesale banking Jasjit Bhattai quits
  27. 1/21/12 (Greece) Institute of International Finance negotiator Charles Dallara quits
  28. 1/21/12 (Greece) Institute of International Finance negotiator Jean Lemierre quits
  29. 1/29/12 (NEW ZEALAND) New Zealand Reserve Bank Gov Alan Bollard to Step Down
  30. 1/30/12 (UK) British Private Equity and Venture Capital Association (BVCA) COO Andrew Graham steps down
  31. 1/31/12 (SCOTLAND) Royal Bank of Scotland former CEO Fred Goodwin Stripped of Knighthood
  32. 2/01/12 (SOUTH AFRICA) ABSA [Barclay's Bank] deputy CEO Louis von Zeuner resigns
  33. 2/01/12 (UK) Lloyds Bankging Group head of wholesaleTruett Tate quits
  34. 2/01/12 (UK) Llyods Banking Group Tim Tookey leaving end of February
  35. 2/02/12 (VENEZUELA) Banking Crisis Arne Chacon arrested for Banking Corruption
  36. 2/05/12 (USA – NY) Morgan’s investment banking chairman Joseph Perella quit
  37. 2/05/12 (USA – NY) Morgan Stanley investment banking Tarek Abdel-Meguid quit
  38. 2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits:
  39. 2/7/12 (USA) Bank Of America’s Mortgage Business Chief Barbara Desoer Retires
  40. 2/07/12 (INDIA) Kotak Mahindra Bank Falguni Nayar quits
  41. 2/07/12 (IRAN) Iran denies central bank resignation rumor (don’t believe until its denied?)
  42. 2/09/12 (VATICAN) Four Priests Charged In Vatican Banking Scandal (names not known)
  43. 2/9/12 (UKRAINE) National Bank of Ukraine deputy governor Volodymyr Krotiuk quits
  44. 2/10/12 (KOREA) Korea Exchange Bank chief Larry Klane steps down
  45. 2/10/12 (INDIA) Tamilnad Mercantile Bank CEO A K Jagannathan resigns
  46. 2/13/12 (KUWAIT) Kuwait Central Bank CEO Sheikh Salem Abdulaziz Al Sabbah resigns
  47. 2/14/12 (NICARAQUA) Nicaraqua Central Bank President Antenor Rosales resigns
  48. 2/14/12 (UK) Social finance pioneer Malcolm Hayday quits Charity Bank
  49. 2/14/12 (PAKISTAN) National Bank of Pakistan (NBP) chairman Syed Ali Raza resigned
  50. 2/15/12 (WORLD) World Bank CEO Zoellick resigns
    Did the White House tell the World Bank president that he’s out?
  51. 2/15/12 (SLOVENIA) Nova Kreditna Banka Maribor CEO Andrej Plos resigns
  52. 2/15/12 (SLOVENIA) Nova Ljubljanska Banka d.d. CEO Bozo Jasovic resigns
  53. 2/16/12 (UK) The Financial Services Authority Margaret Cole is to step down
  54. 2/16/12 (GHANA) Databank Group Executive Chair Ken Ofori-Atta steps down
  55. 2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks Managing Director Geoffrey Calvert Quits
  56. 2/16/12 (AUSTRALIA) ANZ Bank Australia CFO Peter Marriott resigns
  57. 2/16/12 (UK) Royal Bank of Scotland Sr Equities Trader Jason Edinburgh Arrested
  58. 2/16/12 (UK) Royal Bank of Scotland director equities bus. Vincent Walsh director Arrested
  59. 2/16/12 (UK) Marex Spectron senior trader Michael Elsom Arrested
  60. 2/16/12 (AUSTRALIA) Royal Bank of Scotland Austrailan CEO Stephen Williams resigns
  61. 2/17/12 (USA) Goldman Sachs CEO Lloyd Blankfein out as by summer
  62. 2/17/12 (SWITZERLAND) SNB Council President Hansueli Raggenbass resigns
  63. 2/18/12 (PAKISTAN) The Bank of Azad Jammu & Kashmir executive Zulfiqar Abbasi resigns
  64. 2/20/12 (RUSSIA) Head of Russian Bank Regulator Gennady Melikyan Steps Down
  65. 2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph Tan resigns
  66. 2/20/12 (ISRAEL) Bank Leumi le-Israel Ltd: Zvi Itskovitch resigns
  67. 2/20/12 (USA WA) First Financial Northwest Director Spencer Schneider Quits
  68. 2/21/12 (ARGENTINA) Central Bank of Argentina (BCRA) Gen Mgr Benigno Velez, resigns
  69. 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Matlub resigns
    conflict of interest with director seat on unknown bank
  70. 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Selima Ahmad resigns
    conflict of interest with director seat on unknown bank
  71. 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Musabbir Ahmad resigns
    conflict of interest with director seat on unknown bank
  72. 2/21/12 (BANGLADESH) City General Insurance Co. Ltd director Geasuddin Ahmad resigns
    conflict of interest with director seat on unknown bank
  73. 2/21/12 (BANGLADESH) Social Islami Bank Limited director Taslima Akter resigns
    conflict of interest with director seat on Eastland Insurance Company Limited
  74. 2/21/12 (JAPAN) CITIBANK JAPAN: Bakhshi is taking over duties from Brian Mccappin, who the bank said in December would resign after the unit was banned for two weeks from trading tied to the London and Tokyo interbank offered rates.
  75. 2/22/12 (HONG KONG) DZ BANK project finance head Tim Meaney quits
  76. 2/22/12 (USA) Goldman Sachs Hedge Fund Group Chief Howard Wietschner to Retire
  77. 2/23/12 (SOUTH AFRICA) Richard Gush resigns from Standard Bank
  78. 2/23/12 (SCOTLAND) Royal Bank of Scotland Group director John McFarlane resigns.
  79. 2/24/12 (INDIA) Breaking: ICICI Bank GC Pramod Rao resigns
  80. 2/24/12 (HONG KONG) Citigroup Pvt Bank Global Real Estate Kwang Meng Quek Resigns
  81. 2/24/12 (NEW ZEALAND) FSF Executive Director Kirk Hope resigns
  82. 2/24/12 (USA) Evercore Partners Head Eduardo Mestre steps down
  83. 2/25/12 (AUSTRALIA AND NZ) Goldman Sachs Chairman Stephen Fitzgerald quits
  84. 2/27/12 (GERMANY) Deutsche Bank Americas chief Seth Waugh steps down
  85. 2/27/12 (BAHRAIN) Khaleeji Commercial Bank CEO Ebrahim Ebrahim quits
  86. 2/27/12 (FRANCE) Societe Generale’s Investment Banking Chief Michel Péretié Steps Down
  87. 2/27/12 (MALAYSIA) Elaf Bank CEO Dr El Jaroudi resigns
  88. 2/27/12 (INDIA) Kotak Mahindra Bank Ms Falguni Nayar Quits
  89. 2/27/12 (GERMANY) Equiduct chairman Artur Fischersteps down
  90. 2/27/12 (BAHRAIN) – Mumtalakat Holding [Sovereign Wealth Fund] CEO Al Zain resigns
  91. 2/27/12 (IRAN) Bank Melli CEO Mahmoud Reza Khaavari Resigns – Flees to Canada!
  92. 2/27/12 (IRAN) Bank Saderat CEO Mohammad Jahromi resigns
  93. 2/27/12 (UK) Lloyds Banking Group Glen Moreno steps down
  94. 2/28/12 (HONG KONG) Hang Seng Bank CEO Margaret Leung Ko May-yee quits
  95. 2/28/12 (CHINA) Bank of China International ECM global head Marshall Nicholson quits
  96. 2/28/12 (SINGAPORE) DBS security head Jim Pasqurell quits, cites health reasons
  97. 2/28/12 (HONG KONG) Bank of America’s Asia-Pac. mrkts Brian Canniffe quits
  98. 2/28/12 (BELGIUM) KBC’s CEO Jan Vanhevel is to retire after a career spanning 41 years.
  99. 2/28/12 (CANADA) Ontario Securities Commission chairwoman Peggy-Anne Brown quits
  100. 2/28/12 (AUSTRALIA) Bank manager Colin John Carleton jailed nine years for $3m theft
  101. 2/28/12 (SRI LANKA) Sri Lanka Com Bank CEO Amitha Gooneratne retires
  102. 2/28/12 (SOUTH AFRICA) REDEFINE INCOME FUND director Gerald Leissner resigns
  103. 2/28/12 (ITALY) UNICREDIT: Chairman Dieter Rampl not available for a new mandate
  104. 2/28/12 (UK) Bank of England Sir David Lees re-appointed Chair of Bank of England and gives notice of resignation at end of 2013
  105. 2/28/12 (IRELAND) State Street Global Advisors Cash Funds plc Director Keith Walsh resigns
  106. 2/29/12 (AUSTRALIA) Perpetual portfolio manager Matt Williams steps down
  107. 2/29/12 (UK) Honister Capital CEO Richard Pearson steps down
  108. 2/29/12 (GUYANA) National Investment and Commercial Investments Ltd. (NICIL), Executive Director Winston Brassington resigns, “We feel that (Winston) Brassington knows everything…A to Z about all the transactions,” said Chairman of the Alliance for Change (AFC), Khemraj Ramjattan, as he sounded a warning that controversial figure could be subpoenaed to appear before the Parliamentary Economic Sector Committee.
  109. 3/1/12 (MALAYSIA) RHB Bank Bhd deputy managing director Renzo Viegas quits
  110. 3/1/12 (ITALY) Italian Banking Association Chairman Giuseppe Mussari talks to reporters in Rome after he and seven other executives offered to resign in protest over new banking-fee rules included in the government’s legislation on boosting competition.
  111. 3/1/12 (USA FL) Florida Venture Forum [Venture Capital] Exec Dir Robin Lester quits
  112. 3/1/12 (USA) PineBridge Investments said Win Neuger has resigned as chief executive. Neuger helped build AIG’s third party asset management business, PineBridge still manages AIG assets
  113. 3/1/12 (SINGAPORE) UBS Singapore – James Tulley is leaving Switzerland’s largest bank, it is not clear where he is going.
  114. 3/1/12 (USA NH) Piscataqua Savings Bank CEO Jay Gibson retires
  115. 3/1/12 (ICELAND) Iceland’s Financial Supervisory Authority (FSA) fired its director Gunnar Andersen
  116. 3/2/12 (CHINA) China Construction Bank Corp, the assistant general manager and head of corporate banking Mickey Mehta quits
  117. 3/2/12 (USA) Deutsche Bank Student Loan CEOJohn Hupalo quits to start student loan counseling firm.
  118. 3/2/12 (UK) Bank of England Sir Mervin King resigns in June, Lord Sassoon tipped as replacement.
  119. 3/2/12 (BOTSWANA) Barclays Bank Botswana managing director Wilfred Mpai forced to resign
  120. 3/2/12 (HONG KONG) New Century Group Hong Kong Ltd [investment house and leisure group] Wilson Ng resigns
  121. 3/2/12 (USA) Citigroup Richard Parsons to step down as chairman
  122. 3/3/12 (AUSTRIA) Volksbank AG (VBAG) The contract of CEO Gerald Wenzel will not be extended
  123. 3/3/12 (ETHIOPIA) Dashen Bank’s board dismisses president Leulseged Teferi
  124. 3/3/12 (RUSSIA) Enza Capital KK, Wealthy British banker Philip Townsend (Baron Townsend of Rathmore) and his wife
    killed at Estonia holiday home and and
  125. 3/4/12 (KOREA) Hana Financial Group Inc, prominent figure in the history of South Korean finance Kim Seung-yu , resigns
  126. 3/4/12 (USA) JP Morgan prop trading chief Mike Stewart quits
  127. 3/5/12 ( SAUDI ARABIA) Al Rajhi Bank CEO Abdullah bin Sulaiman Al Rajhi has resigned
  128. 3/5/12 (UK) Jupiter fund co-manager Tony Nutt steps down
  129. 3/5/12 (UK) Jupiter fund co-manager John Hamilton steps down
  130. 3/5/12 (NEW ZEALAND) Insured Group Bill Jeffries has resigned as chairman and director
  131. 3/5/12 (USA) Reliance Bancshares chairman Patrick Gideon resigned
  132. 3/6/12 (FRANCE) Blackstone Group’s Paris office leader Jean-Michel Steg will step down
  133. 3/6/12 (JAMAICA) Jamaica Money Market Brokers Limited, Patricia Sutherland has resigned as Executive Director
  134. 3/6/12 (JAMAICA) Jamaica’s Financial Services Commission (FSC), Executive director Rohan Barnett, has resigned the position, the Ministry of Finance, Planning and the Public Service announced this afternoon.
  135. 3/6/12 (USA) USA Technologies Inc Bradley M. Tirpak, a nominee of Shareholder Advocates for Value Enhancement, has resigned from its board subsequent to a settlement agreement with the investing group, according to an SEC filing.
  136. 3/6/12 (UK) Sterling Green Group has announced that Philip Kanas, a non-executive director, has decided to resign
    Sterling Green Group PLC became a cash shell following the disposal of their subsidiaries Taxdebts Ltd, Sterling Green (Mortgages) Ltd and the back books of the clients of Sterling Green Ltd. during December 2011.
  137. 3/7/12 (GERMANY) Deutsche Bank AG’s (DB) Chief Risk Officer Hugo Baenzigeri to resign
  138. 3/7/12 (GERMANY) Deutsche Bank AG’s (DB) Chief Operating Officer Hermann-Josef Lamberti to resign
  139. 3/7/12 (UNITED ARAB EMIRATES) Dubai Mercantile Exchange announced Thomas Leaver will step down as CEO
  140. 3/7/12 (SCOTLAND) Macfarlane Group Chairman Archie Hunter to step down after 8 years of service
  141. 3/7/12 (USA) BlackRock Emerging Markets Fund co-head Daniel Tubbs, has left the group to pursue other opportunities.
  142. 3/7/12 (UK) Goldman Sachs (GSI) Christopher French resigns from board
  143. 3/7/12 (UK) Goldman Sachs (GSI) David Wildermuth resigns from board
  144. 3/7/12 (UK) Goldman Sachs (GSI) Matthew Westerman resigns from board
  145. 3/7/12 (UK) Goldman Sachs (GSI) co-head of global mergers and acquisitions Yoel Zaoui resigns
  146. 3/7/12 (UK) Goldman Sachs (GSI) Phil Beatty resigned as head of European power and natural-gas trading
  147. 3/7/12 (SINGAPORE) Nikko Asset Management Timothy McCarthy is retiring as chairman and CEO at the end of the month
  148. 3/7/12 (HONG KONG) UBS Senior Asia Economist Jonathan Anderson Departs
  150. 3/7/12 (FRANCE) Société Générale Private Banking, Daniel Truchi is to step down as head of Société Générale Private Banking
  151. 3/7/12 (AUSTRALIA) Customers Ltd, Tim Wildash has cashed himself out as chief executive of Australia’s largest ATM operator
  152. 3/7/12 (USA CA) CALSTRS, Pascal Villiger, senior private equity portfolio manager at the $145 billion California State Teachers’ Retirement System resigns
  153. 3/7/12 (USA) Astaire quits Bank of America Merrill to dance to Barclays Capital’s tune

Buh-Bye, and good riddance, Resuming public happy dance.



    You would enjoy Hypertiger's take on these things.... link above...


    Please let me know your thoughts on this...

    Great Blog,

  3. My thoughts: The top-level banksters are now and always have been psychopathic, power-hungry animals. Good read: The Creature from Jekyll Island by G. Edward Griffin.