3.03.2011

Greenspan's Body Count: Jeffrey Locker

Even as Zimbabwe Ben steals the headlines by setting off global food riots, serial killer Alan Greenspan just won't give up the spotlight.

Self-help author Jeffrey Locker helped himself to the services of homeless man Kenneth Minor. Locker, you see, had a debt problem. And being "murdered" by Minor would allow his family to cash in an $18 million life insurance policy.

The Daily Mail:
Even the prosecution agreed that Locker, 52, had orchestrated his own death - but the trial became a matter of whether Minor had been hired to kill Locker as a hitman, or whether he was hired to assist in Locker's suicide.

[...]

According to Minor's statement to police, Locker had approached him and offered him money to kill him and make it look like a robbery so his family could collect as much as $18 million in life insurance.

Locker's business was on its knees. In the wake of the recession bookings slumped and he maxed out his $16,000 credit card limit.

In the six months before his death his savings fell from $86,000 to $5,800.

He had a large mortgage and was on the verge of declaring bankruptcy after losing $400,000 in a Ponzi scheme run by boy-band impresario Louis Perlman, the mastermind of 'N Sync and the Backstreet Boys.

He was facing a federal bankruptcy court trustee's demands to return at least $121,200 the court said he had made from his stake in Perlman's enterprise.

Locker felt trapped. Aged 52, everything he had worked for was about to fall apart.

Going bankrupt he would have lost his name, his wealth and his standing among all those who knew him in New Jersey.

The prospect of dragging the entire family into the gutter could have proved too much for him to handle.

Defence lawyers have said that his death had been an elaborate plan to defraud insurance companies, having taken out policies worth $14million.

This stuff wouldn't happen if people didn't get in over their heads in debt. If you don't have debt, you can survive the business downturns and other bumps in the road. But debt makes a downturn fatal.

The next time somebody tries to get you to take on debt for a house, or a business proposition, or an overpriced college degree, or a spending spree, ask yourself, "Is this thing worth killing myself over?"

Greenspan's Body Count stands at 153:

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

4 comments:

Anonymous said...

According to Minor's statement to police, Locker had approached him and offered him money to kill him and make it look like a robbery so his family could collect as much as $18 million in life insurance.

Crazy – no amount of fucking money is worth one’s life and freedom – God didn’t load you down with fucking Krugerrands when you were born, he gave you something much more valuable – freedom and free will.

Locker's business was on its knees. In the wake of the recession bookings slumped and he maxed out his $16,000 credit card limit.

Big deal – go bankrupt and start over – it ain’t the end of the world.

In the six months before his death his savings fell from $86,000 to $5,800

Big deal – many people don’t even have 5800 clams to their names.

He had a large mortgage and was on the verge of declaring bankruptcy after losing $400,000 in a Ponzi scheme run by boy-band impresario Louis Perlman, the mastermind of 'N Sync and the Backstreet Boys.

Use the 5800 to find an apartment and move. Deliver the keys to the mortgage holder.

He was facing a federal bankruptcy court trustee's demands to return at least $121,200 the court said he had made from his stake in Perlman's enterprise.

Start working out a payment plan ‘cause that’s one bullet you ain’t gonna dodge – when the trustee says pony up, you just gotta suck it up and do it. Mind over matter – if you don’t mind then it won’t matter.

Locker felt trapped. Aged 52, everything he had worked for was about to fall apart.

Sing the Oscar the Grouch song from the Chapelle Show – say “fuck it – I beat my meat like it owes me money” – go bankrupt and start over.

Going bankrupt he would have lost his name, his wealth and his standing among all those who knew him in New Jersey.

Oh my God, how will I live?!?!? – I’ll lose my standing amongst the New Jersey folk who know me – what bullshit – those he knew are probably a cunt hair’s breadth from going bankrupt themselves – again “fuck it – I beat my meat like it owes me money”.

The prospect of dragging the entire family into the gutter could have proved too much for him to handle.

Any “family” that won’t stand by him through his hour of need isn’t family worth having. To use a Bob Dylan lyric: Strange how people who suffer together have stronger connections than people who are most content
I don’t have any regrets, they can talk about me plenty when I’m gone

Defense lawyers have said that his death had been an elaborate plan to defraud insurance companies, having taken out policies worth $14million.

And in the end, he pissed away about the only thing he had left – his name.

What bullshit – think of bankruptcy as creative destruction – part of the reason the American economy keeps coming back is because of same and that we don’t have debtor prisons anymore.

Anonymous said...

know what would have been a complete mind blowing trip

if that "O" in the dude's last name was an "A"

Gonzalez would have lost her fucking mind.

Jr Deputy Accountant said...

SHIT I had to read that twice, I did almost have a heart attack.

I better send Jeffy a love note and make sure he is OK. Even though they kidnapped him a year and a half ago and swapped his brain with a mutant clone of Janet Yellen's I still love his precious little boy scout ass.

Anonymous said...

it's the hair that is produced by that thick rich Prell hair

Happy Super Tuesday!