Scott M. Coles, the Chairman and CEO of Mortgages Ltd., was found dead Monday in his Phoenix home. Coles was 48 years old.
Coles died after an apparent suicide, but the autopsy will determine the full cause of death.
Mortgages Ltd. will hold a conference call on June 10 at 11am to determine where they move forward with the company after Coles' death.
What a tragedy. And all because Alan Greenspan thought he could prevent business cycles with no consequences. Our thoughts and prayers are with the Coles family, and may God have mercy on Greenspan's soul.
The second part of today's double feature is a murder-suicide from the not-so-great state of Massachusetts:
The bodies of Dawn E. Armstrong, 37, and Thomas Lizotte, 42, were found yesterday morning by police after one of Ms. Armstrong’s co-workers at McIntyre Loam in Hopkinton called them to request a well-being check when Ms. Armstrong did not report for work Saturday and again yesterday morning. [...]
"While the investigation is in the preliminary stages, this appears to be the result of a murder-suicide with Thomas Lizotte acting as the aggressor," Mr. Early said, adding that the community should not worry about an unknown attacker. [...]
"She told me she was working three jobs just to pay the mortgage," [neighbor Dave] Mackin said, while sitting in his yard last night with his family.
It's well-documented that financial problems are some of the biggest stresses in relationships. And trying to keep up with a Greenspan-bubble-sized mortgage on a sinking house is about the worst financial problem most folks will ever have. Sure, it's possible that the argument was over infidelity or excessive flatulence, but it's a pretty safe bet that the financial stresses were what pushed it to the point of stabbing.
Greenspan's Body Count now stands at thirty-four:
Scott M. Coles
Dawn E. Armstrong
Jonathon Calvin "40-Cal" Jacques
Little Boy X
Little Girl X
Rufus Shaw Jr.
Lynn Flint Shaw