Mortgage Company Exec Jumps to Death
Jan 19th, 2008 at 7:08 am by Susie
This will be a huge shock wave through this community, which is the area where I work. It’s a wealthy section of South Jersey, the kind of place where expensive spas thrive. And yet, it doesn’t surprise me. I often wonder how the new rich will handle it when the shit hits the fan. It’s possible this doesn’t have anything to do with his job, but I doubt it:
(01-18) 17:20 PST Marlton, N.J. (AP) — An executive of a collapsed subprime mortgage lender jumped to his death from a bridge Friday, shortly after his wife’s body was found inside their New Jersey home, authorities said.
The deaths of Walter Buczynski, 59, and his wife, Marci, 37 — the parents of two boys — were being investigated as a murder-suicide, according to the Burlington County Prosecutor’s Office.
Prosecutor Robert Bernardi said Evesham Township police went to the couple’s home in the Marlton section of the township around noon after a male caller asked them to check on Marci Buczynski. Her body was found in a bedroom.
[...] Walter Buczynski was a vice president of Columbia, Md.-based Fieldstone Mortgage Co., a high-flying subprime mortgage lender that made $5.5 billion in mortgage loans and employed about 1,000 people as late as 2006.
However, it has since filed for bankruptcy and now has fewer than 20 employees. The company had recently filed court papers seeking approval to pay about $1.1 million in bonuses that would be divided among Buczynski and other staffers so the company could wind down its lending operations and go out of business.
That’s just one. I’m sorry about his wife and I hope his kids are grown up and tough.
But there are a bumillion more who should be thrown off a TALL bridge, starting with the decider chimp.
One child is 14 and the other is 8. This is a tragedy.
I would rather see the chimp and his handlers behind bars.
This is terrible. I was on the bridge Friday, minutes after he jumped. I saw the blue Acura and they were in the process of searching for the body. Now that I have read the full story my heart goes out to those young boys and the family of both the husband and wife.
it couldn’t happen to a nicer couple.
selfish fucks. who orphans their kids like that over fucking money? unfit parents who should never have had kids.
Wasn’t this how the crash of ‘29 started? With wannabe Wall Street tycoons dropping like rain from every high building or promontory. Now we know what the platinum parachutes were for.