No points for you today, Greenspan.
A group of well-to-do pensioners who lost their savings in the credit crunch staged an arthritic revenge attack and held their terrified financial adviser to ransom, prosecutors said yesterday.
The alleged kidnapping is the latest example of what is being dubbed “silver crime” — the violent backlash of pensioners who feel cheated by the world.
“As I was letting myself into my front door I was assaulted from behind and hit hard,” the financial adviser James Amburn, a 56-year-old German-American, said. “Then they bound me with masking tape until I looked like a mummy. I thought I was a dead man.”
He was freed by 40 heavily armed policemen from the counter-terrorist unit last Saturday. The frightened consultant was in his underwear, his body lacerated by wounds allegedly inflicted by angry pensioners.
It appears that two couples had entrusted Mr Amburn’s investment company with €2.4 million (£2 million), which he ploughed into Florida’s boom-and-bust property market. The properties became forfeit during the sub-prime mortgage crisis but the couples wanted their money back.
Greenspan's Body Count: James Amburn, the one that got away
Not all Greenspan's Body Count stories end unhappily. Financial advisor James Amburn of Speyer, Germany, got away. He had put his client's money in Florida real estate and lost it all. So his clients, little old German pensioners, went medieval on his ass:
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There are very few financial problems that can't be solved by a suitable application of asset bubbles.