Greenspan's Body Count: Manuel Lopez, Christina Garcia, Christian Garcia

Greenspan's Body Count is usually the story of someone driven to murder and/or suicide by despair resulting from the effects of Greenspan's easy money policies.

Today's story is a little different. This family of three died by fire, living in squalor in an abandoned foreclosure in the wreckage of Greenspan's bubble.

Among [subprime lender Accredited Home Lenders' loans] was a balloon mortgage for $384,000 in November 2005 to one Domingo Cedano, who used the money to buy a three-family building at 2321 Prospect Avenue in the Bronx. The mortgage carried an interest rate of 7 3/8 and monthly payments of $2,491. Mr. Cedano put none of his own money into the purchase.

By this week, Mr. Cedano had long since stopped making payments. The property was in foreclosure. Accredited Home Lenders itself had gone bankrupt.

On Monday morning, when a fire in the building killed three people who lived on the top floor, it was a warren of rooms nested inside rooms. As the stairway roared with flames, illegally built walls blocked access to the fire escape for Manuel Lopez and Christina Garcia and their 12-year-old son, Christian Garcia.

Where Greenspan is going, he'll get to know how Manuel, Christina, and Christian felt in those last terrifying moments.

HT: Naked Capitalism.

Greenspan's Body Count stands at 162.

Manuel Lopez
Christina Garcia
Christian Garcia
Tuan Dao
Nolan Dao
Noah Dao
Jacob Dao
Samantha Dao
Nathan Dao
Jeffrey Locker
Angela Singleton
Michael L. Cour
Janice Gervais
Darrin Hale
Paul Grothe
Eddie Bryant
Stacey Bryant
Jayne Peters
Corinne Peters
Wayne Zickefoose
Herminia Zickefoose
Thomas S. Piazza
Troy Fogel
Michele Fogel
Cynthia Dunn Cannon
Jocelyn Earnest
Lynda Clark
Gregory Bellows
Sallie Gist
Rayshawn Reed
Byron Reed Sr.
Byron Reed Jr.
Elisha Gist
Elijah Gist
Tiera Davidson
Christopher Oetting
Neal Jacobson
Franki Jacobson
Eric Jacobson
Joshua Jacobson
Vincenza Garcia
Bill Sparkman
Debra K. Gibbs
Otis Beckford
Carol Kennedy
Diane Ward
Edith Moreno
Diana Moreno
Scott Peters
Tom Blackmore
Kevin Daniel O'Connell
Julie Fay
Wallis Fay
Siu Fong Ng
Ernest Scherer Jr.
Charlene Abendroth
J.D. Wood
Cynthia Wood
Aubrey Wood
Dillon Wood
Betty J. Lipply
Dwight Deely
Linda Patrick
David Kellerman
Christopher Wood
Francie Billotti-Wood
Chandler Wood
Gavin Wood
Fiona Wood
Gil Weber
Gregory Graham
Randolph Graham
David Kelley
Ramona woman
Del Mar man
Wayne "Mike" Anderson
Jeffrey M. Pearson
Ervin Antonio Lupoe
Ana Lupoe
Brittney Lupoe
Jaszmin Lupoe
Jassely Lupoe
Benjamin Lupoe
Christian Lupoe
Steven L. Good
Adolf Merckle
Mike Upham
Randy Motts
Kristy Hunt
Joseph Nesheiwat
Tom Brisch
Alex Widmer
Brian Pugh
Marilyn Lewis
Sid Agrawal
Kirk Stephenson
Barry Fox
Dallas Dwayne Carter
David Hetzel
Sharron Hetzel
Cliff Kendall
Pamela Ross
Roland Gore
Mrs. Gore
Wanda Dunn
Karthik Rajaram
Subasri Rajaram
Krishna Rajaram
Ganesha Rajaram
Arjuna Rajaram
Indra Ramasesham
Joe X
Isabelle Jarka
Robert Wagner
Lt. Michael Howe
John Roberts
Palmer C. White
Dianne Pittman White
Ed Boesen
Edwin F. Rachleff
Carlene Balderrama
Troy VanderStelt
Scott M. Coles
Dawn E. Armstrong
Thomas Lizotte
Jonathon Calvin "40-Cal" Jacques
Salvador X
Lupe X
Jade X
Little Boy X
Little Girl X
Kashmir Billon
Bill McMurtry
Lisa McMurtry
James Hahn
Raymond Donaca
Deanna Donaca
[redacted]
[redacted]
Michel Veillette
Nadya Ferrari-Veillette
Marguerite Veillette
Vincent Veillette
Mia Veillette
Jacob Veillette
Maurice Pereira
Natasha Pereira
Mark Achilli
Raed Al-Farah
Andrew Kissel
Rufus Shaw Jr.
Lynn Flint Shaw
Mr. Pierce
Walter Buczynksi
Marci Buczynski
Jason Washington

Greenspan's Body Count: Tuan Dao and children

It's all the same
Only the names have changed
Everyday, it seems Greenspan's killin' away
Another place where the bodies are so cold
Another family that will never grow old

Loyal readers of Greenspan's Body Count already know the story. Only the details differ. A man gets in over his head in debt lured by Greenspan's easy money. The ensuing financial ruin leads to despair and murder. Today's tale comes from the Portland suburb of Vancouver, Washington.

Investigators said Wednesday they believe a Washington father who was sliding into financial ruin deliberately set a fire that blew up his home, killing himself and five of his children.

"The fire was intentionally set," said police spokeswoman Kim Kapp.

Tuan Dao is the only suspect identified.

The Columbian newspaper reported that Tuan Dao's mother answered the door briefly on Wednesday and broke down in tears.

"That was my son, you know?" she told the newspaper before closing the door.

The Columbian reported Dao's wife, Lori, and a 13-year-old daughter were away at the time of the fire.

Police said they believe based on evidence that those killed in Sunday's fire were 37-year-old Tuan Dao, 12-year-old Nolan, 9-year-olds Noah and Jacob, 8-year-old Samantha and 6-year-old Nathan. The names may be officially confirmed in a few days by the Clark County medical examiner's office, which is using dental records, Kapp said.

Tuan and Lori M. Dao filed for Chapter 7 bankruptcy on Sept. 21, 2010. The couple's bankruptcy filing depicts a family once on firm financial footing that began to crumble.

Together they earned $86,000 annually. He was an assistant manager at a FedEx store in Portland, a position he held for 14 years. Lori Dao had spent more than two years as a banker at a U.S. Bank branch in Vancouver.

They cited $158,000 in credit card debt and other debts. The paperwork also disclosed $2,000 in gambling losses. The couple also owed $262,000 on the house that burned, while the property was valued at $179,000.

Their checking accounts were nearly tapped — $50 in one checking account and $700 in another. They estimated an $8,000 refund on their 2010 taxes.

Their largest asset was a $51,165 retirement account.

They took out a second mortgage on the home that burned, but the bank that issued it, San Antonio-based USAA Federal Savings Bank, declined to say when.

Alan Greenspan, you sick bastard. Greenspan's Body Count stands at 159:

Tuan Dao
Nolan Dao
Noah Dao
Jacob Dao
Samantha Dao
Nathan Dao
Jeffrey Locker
Angela Singleton
Michael L. Cour
Janice Gervais
Darrin Hale
Paul Grothe
Eddie Bryant
Stacey Bryant
Jayne Peters
Corinne Peters
Wayne Zickefoose
Herminia Zickefoose
Thomas S. Piazza
Troy Fogel
Michele Fogel
Cynthia Dunn Cannon
Jocelyn Earnest
Lynda Clark
Gregory Bellows
Sallie Gist
Rayshawn Reed
Byron Reed Sr.
Byron Reed Jr.
Elisha Gist
Elijah Gist
Tiera Davidson
Christopher Oetting
Neal Jacobson
Franki Jacobson
Eric Jacobson
Joshua Jacobson
Vincenza Garcia
Bill Sparkman
Debra K. Gibbs
Otis Beckford
Carol Kennedy
Diane Ward
Edith Moreno
Diana Moreno
Scott Peters
Tom Blackmore
Kevin Daniel O'Connell
Julie Fay
Wallis Fay
Siu Fong Ng
Ernest Scherer Jr.
Charlene Abendroth
J.D. Wood
Cynthia Wood
Aubrey Wood
Dillon Wood
Betty J. Lipply
Dwight Deely
Linda Patrick
David Kellerman
Christopher Wood
Francie Billotti-Wood
Chandler Wood
Gavin Wood
Fiona Wood
Gil Weber
Gregory Graham
Randolph Graham
David Kelley
Ramona woman
Del Mar man
Wayne "Mike" Anderson
Jeffrey M. Pearson
Ervin Antonio Lupoe
Ana Lupoe
Brittney Lupoe
Jaszmin Lupoe
Jassely Lupoe
Benjamin Lupoe
Christian Lupoe
Steven L. Good
Adolf Merckle
Mike Upham
Randy Motts
Kristy Hunt
Joseph Nesheiwat
Tom Brisch
Alex Widmer
Brian Pugh
Marilyn Lewis
Sid Agrawal
Kirk Stephenson
Barry Fox
Dallas Dwayne Carter
David Hetzel
Sharron Hetzel
Cliff Kendall
Pamela Ross
Roland Gore
Mrs. Gore
Wanda Dunn
Karthik Rajaram
Subasri Rajaram
Krishna Rajaram
Ganesha Rajaram
Arjuna Rajaram
Indra Ramasesham
Joe X
Isabelle Jarka
Robert Wagner
Lt. Michael Howe
John Roberts
Palmer C. White
Dianne Pittman White
Ed Boesen
Edwin F. Rachleff
Carlene Balderrama
Troy VanderStelt
Scott M. Coles
Dawn E. Armstrong
Thomas Lizotte
Jonathon Calvin "40-Cal" Jacques
Salvador X
Lupe X
Jade X
Little Boy X
Little Girl X
Kashmir Billon
Bill McMurtry
Lisa McMurtry
James Hahn
Raymond Donaca
Deanna Donaca
[redacted]
[redacted]
Michel Veillette
Nadya Ferrari-Veillette
Marguerite Veillette
Vincent Veillette
Mia Veillette
Jacob Veillette
Maurice Pereira
Natasha Pereira
Mark Achilli
Raed Al-Farah
Andrew Kissel
Rufus Shaw Jr.
Lynn Flint Shaw
Mr. Pierce
Walter Buczynksi
Marci Buczynski
Jason Washington