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Tuesday, September 27, 2011

Greenspan's Body Count: Beckie and Stephen Boudreaux

If you haven't driven through Utah, please plan to do so. There's a reason the early Mormon settlers thought it was the Promised Land.

Nevertheless, even those in God's Country are not safe from Alan Greenspan's reign of terror. The Salt Lake Tribune on a murder-suicide in Salt Lake City suburb Sandy, Utah:
Sandy police Sgt. Jon Arnold said evidence indicates that Beckie Boudreaux, 66, shot and killed her husband, Stephen Boudreaux, 69, and then turned a handgun on herself.

"Our preliminary investigation does indicate homicide-suicide," Arnold said Tuesday. "There is no indication that Stephen was aware of Beckie’s plans or the financial struggles that appeared to be the motive behind Beckie’s choices."

Arnold also said Boudreaux family members had found "documentation that indicated she had been researching this for several months."

The shootings occurred late Sept. 22, and the couple’s bodies were found just before 1 p.m. Friday in the Boudreaux’s garage by a neighbor near 1900 Quail Crossing Lane. The neighbor had gone to investigate after noticing the Boudreaux’s garage door had remained open overnight.

The couple were found dead in one of the two cars parked inside the garage.

Arnold said that early last week Beckie Boudreaux had called her lawyer asking what would happen to debt in the case of suicide.

The answer to that last question is that if it's mortgage, business, auto, or credit card debt, you can file bankruptcy and start over. Beckie and Stephen should have taken that option. If it's student loan debt (unlikely in this case given the Boudreaux's ages), however, government policymakers have made it bankruptcy-proof and left suicide as the only way out. How sick is that?

Greenspan's Body Count stands at 190.

Thanks to reader Lee for the tip.

Tuesday, September 20, 2011

Greenspan's Body Count: 346 Via Metates, Oceanside, CA

Serial killer Alan Greenspan has been very active in the San Diego area this year.

Yesterday in Oceanside, a working-class community north of San Diego, two bodies were found:
The bodies of a financially distressed 56-year-old Oceanside man and his sick 52-year-old sister were found in their home Monday afternoon in what police say appears to be a murder-suicide.

The woman's black Labrador dog was also killed.

[...]

Police did not release the names of the individuals and declined to give their relationship Monday night, as their relatives were still being told of their deaths. Three neighbors confirmed they were brother and sister.

Oceanside police found the bodies shortly before 4 p.m. in separate bedrooms of their house near the end of a cul-de-sac on Via Metates, just east of College Boulevard.

A gun was found in the room with the man, said Oceanside police Lt. Leonard Mata.

[...]

Rodarte and neighbor Mary May both said the siblings were in dire financial straits. They had recently sold their house and were scheduled to leave Tuesday.

"He was saying he didn't know how they were going to make it," Rodarte said. Rodarte said the brother didn’t seem like a violent person.

The woman had lived in the home since 1988 and was among the first residents in the neighborhood, May said. Neighbors said she was friendly and popular, and she played catch with her black lab daily in the front yard.

"She loved that dog," Rodarte said.

The sister had taken care of the siblings' mother until she died about a year ago, Rodarte said, and the brother had moved in shortly before the mother's death. After their mother died, the siblings began having financial problems, she said.

"They were stressed out because they couldn't afford the house after the mother passed," Rodarte said. "And he couldn't find work."

The home at 346 Via Metates was listed for sale at $269,000 on August 1 and went pending on August 5. If you're the buyer and had a 45-day escrow, congratulations! It's move-in time!

Greenspan's Body Count stands at 188.

Tuesday, September 6, 2011

Greenspan's Body Count: Cy Young award winning pitcher Mike Flanagan

Greenspan's Body Count hits even famous people with good jobs. Sports Illustrated:
Former Cy Young award winner Mike Flanagan died of a self-inflicted shotgun wound to the head, the Maryland medical examiner ruled Thursday.

A police investigation revealed the 59-year-old pitcher was upset about financial issues. He left no note.

Flanagan's body was found Wednesday afternoon about 250 feet behind his home. An investigation showed he was home alone when he took his life.

Flanagan earned a good chunk of change as a baseball player even though he played before the multi-million-dollar roid-rage days. And he still had a good job as a broadcaster. So to have had financial troubles, he must have been enticed, in Greenspan's easy money party, to take on enormous debt either for conspicuous consumption or for silly business propositions.

Somewhere in the darkness
The gambler he broke even
But in his final words I found
An ace that I could keep

The lessons to us from the tragic tale of Mike Flanagan are clear: when you're making good money, save a good chunk aside for a rainy day. And never, ever, take on recourse debt for conspicuous consumption or risky business ideas. Donald Trump, George Soros, Warren Buffett, and Hank Paulson never take on recourse debt. They gamble with other people's money. If you're gambling with recourse debt, you're gambling with your life.

Greenspan's Body Count stands at 186.

Wednesday, August 17, 2011

Greenspan's Body Count: Russell Armstrong

Most of those on Greenspan's Body Count become famous only in death, when debt and collapse have driven them over the edge.

Today's victim was already semi-famous from appearing on a reality show called "Real Housewives of Beverly Hills." The show is apparently a voyeuristic pleasure for people who want to see the train wreck lives of debt-ridden and plastic-surgery-riddled neurotics.

Heeeere's Russell:
At the time of his death, Armstrong was more than $1.5 million in debt as a result of trying to keep up with expectations for the lavish lifestyle portrayed on the show, his lawyer told ABCNews.com.
Greenspan's Body Count stands at 185.


Thursday, July 14, 2011

Greenspan's Body Count: Arthur Darnell Bailey

Alan Greenspan has been quite active in the San Diego area recently. Now he's been sighted in the 1-hour commuter community of Murrieta in Southwest Riverside County.
A Murrieta man accused of bilking his elderly mother-in-law out of more than $200,000 was found dead of an apparent suicide in his home last week, the same day he was supposed to be in court to face charges, Murrieta police said Wednesday.

The man's wife, who is also accused of embezzling money from her own mother, apparently also tried to commit suicide in the couple's shared home on the city's north end, Sgt. Phil Gomez said.

[...]

The couple came under investigation last year after Brooke Bailey's half-brother reported to police his suspicions that the Baileys were draining the account of his mother, who is now 74.

According to a declaration in support of an arrest warrant for Brooke Bailey ---- an arrest warrant sought after she missed her court appearance last week ---- the victim's checking account showed evidence that money had gone to cover costs including mortgage and utility payments, as well as leasing payments for a BMW.

Greenspan's version of the American Dream was that nobody had to work anymore. We could all just buy more house than we could afford, then get rich as house prices rose to the moon and buy a garage full of toys. Too many people, including Arthur and Brooke Bailey, fell for that nightmare.

The Baileys were listed at 27543 Paper Bark Avenue, which they appear to have purchased in 2007 for $560,000. It is now worth $297,000 according to Zillow.

Greenspan's Body Count stands at 184.

Wednesday, July 13, 2011

Greenspan's Body Count: Nadia Braxton, Kayla Peters, Nayah Peters, and Nyla Peters

Easy Money in the Big Easy:
A woman from Kenner, La., a suburb near New Orleans, was found dead inside her home by her husband Tuesday, lying atop the bodies of her three children, all of whom had died from apparent gunshot wounds, reports CBS affiliate WWL-TV.

The husband told police he had just come home from work when he discovered the bodies. No charges have been filed. Police have not ruled out the possibility that it was a murder-suicide.

The victims in the shooting were identified as: Nadia Braxton, 29; Kayla Peters, 12; a 1-year-old child, Nayah Peters and a 6-month-old, Nyla Peters, WWL reports.

[...]
The woman was struggling to pay the mortgage on her home, which she bought just before Hurricane Katrina, The Times-Picayune reports.

The property was first seized by the Sheriff's Office in January of 2010 for failure to make mortgage payments, The Times-Picayune reports. Braxton's case was dismissed a few months later when she brought her payments up to date, only to have the Sheriff's Office seize the property again for non-payments in December of last year.

A mortgage is never worth killing yourself or your family over. Nadia's family could have been like this happy family if only she'd known about YouWalkAway.com.



Greenspan's Body Count stands at 183.

Saturday, July 2, 2011

Greenspan's Body Count: Dusan and Renata Klein

It's not easy spending one's life hot on the trail of the 21st century's most prolific serial killer, Alan Greenspan. I am the Javert to Greenspan's Jean Valjean, the Clouseau to his Pink Panther.

But having spent these years tracking the fiend, I have come to know him like no other.

And so it was that I recognized his modus operandi in the killings of Dusan and Renata Klein, before Dusan's body had been found and before even news of the couple's financial distress was made public.

The sad case of Dusan and Renata Klein came to an end Friday as Dusan's body was found on a hiking trail in the Las Vegas area. He had apparently committed suicide after killing Renata and dumping her in the Angeles National Forest. The dog has not been found, but investigators reportedly found canine blood in the family truck and believe Dusan killed the dog.

Alan Greenspan is still walking the streets, and even giving interviews on CNBC.

Greenspan's Body Count stands at 179.