Alan Greenspan is still concentrating his killing spree in the sand states.
A horrified court room looked on today as a man who had just been convicted of burning down his $3.5 million mansion collapsed and died in front of them.
Michael Marin, 53, was found guilty of arson by a jury in Maricopa County Superior Court. He appeared shocked and closed his eyes as the verdict was read before appearing to put something in his mouth and wash it down with liquid in a plastic water bottle.
Prosecutors claimed Marin set fire to his house in desperation because he could no longer pay the mortgage.
Marin, a father of four and grandfather of two, attended Yale Law School. He was an ex-Wall Street trader who enjoyed collecting art including Picasso sketches and described himself as a 'careful thrill seeker' to the Phoenix New Times after scaling Mount Everest and trips into the jungles of south-east Asian [sic].
Jackass. I'd love to climb Mt. Everest but I've got the little problem of paying my f-ing bills.
Greenspan's Body Count stands at 224.
HT: IP Freely.
The unforgettable fire.
Zillow: jackass paid $3.5 million, tacky mansion would now be worth $1.57 million. Lot just sold for $550,000.
Long jackass profile in the Phoenix New Times.
Marin added that "feeding the kitty month after month" — staggering $17,000-plus interest-only payments on the Biltmore home to private moneylenders, plus a mortgage at the Gilbert residence — was eating him alive financially.
And looming over Marin like an ugly storm cloud was a $2.3 million balloon mortgage payment on the Biltmore home, due in the coming month.
The Phoenix New Times story says the real sales price was $2.55 million, but it was inflated with some sketchy fake loan deal from a friend in order to inflate the appraisal price so he could get away with flipping it in a charity auction scam.
Takes one to know one: Marin self-published The Illustrated Field Guide to Morons.
Marin's primary residence, a more modest house at 438 E Vaughn Ave in Gilbert, was foreclosed in July 2010 and sold for $190,000 in December 2010.