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Wednesday, March 19, 2014

Greenspan's Body Count: L'Wren Scott

Debt distress reaches all levels of society:
L’Wren Scott, prominent fashion designer and long-time girlfriend of Mick Jagger, was found dead in an apparent suicide in her New York City apartment on Monday morning. It has been revealed by MailOnline that Scott was “distraught and ‘embarrassed’ over her failing business.” According to MailOnline, L’Wren Scott’s company was $6 million in debt at the time of her suicide. An assistant discovered her body after receiving a text at 8:30 a.m. from Scott requesting her to go over to Scott’s 11th Avenue apartment and let herself in. After hearing about Scott’s death, actress Ellen Barkin and several other close friends went to Scott’s apartment. One friend said that Scott had been avoiding phone calls and had been acting strangely for more than a week.
Greenspan's Body Count stands at 251.

UPDATE: Bernanke's Body Count? Most of the debt burden seems to have been piled on during Bernanke's post-crash liquidity sloshfest:
Her company’s debt was growing over the years, going from $2,120,015.67 in 2009 to $3,063,160.87 in 2010.

Tuesday, January 14, 2014

Greenspan's Body Count: Jennifer Berman, Alexander Berman, Jacqueline Berman

It's hard to believe that Alan Greenspan is still killing, years after the housing crash and after his successor Zimbabwe Ben has re-inflated the housing bubble.  But the Maestro works in mysterious ways.

Today's episode of Greenspan's Body Count comes from the wealthy town of West Palm Beach.
By 6 p.m. city police confirmed Alexander Berman, 16, and his sister, Jacqueline, 15, had been found dead in the pink house with the basketball net out front. The body of a woman, who police identified as Richard Berman’s ex-wife, was also found in the home.

The three appear to have died from gun shots in a murder-suicide.

“I can’t believe this could happen in our neighborhood, but I guess it could happen anywhere,” said Rod Tinson, a neighbor. “It’s a shame. It’s sickening to hear the teenage kids, too.”

The teens’ mother, Jennifer Berman, 48, sent emails to Richard Berman, her ex-husband and father of the children, and to other members of their family Monday morning, saying she was going to harm either herself or other family members, said Sgt. David Lefont, a city police spokesman.

[...]

The home, which records still list the two as owning, has been in the process of foreclosure since 2010. It originally belonged to Jennifer Berman’s mother, according to court records, and had recently been sold. The mother and children were to move out in February.
Zillow shows the home having been sold in 2004 at the deeply discounted price of $101,000. That's likely the family deal purchase from Jennifer Berman's mother or her estate. But the family must have hit the home ATM a little too hard with the value soaring to over $1 million at the peak of Greenspan's bubble.

Greenspan's Body Count stands at 250.