Mortgage company exec jumps to death

An executive of a collapsed subprime mortgage lender jumped to his death from a bridge Friday.

And in related news, check Jim Cramer’s latest, greatest rant, this one about “doomed financials,” an asleep at the wheel regulatory system, and companies with financial reports that are “fiction.” He says nobody reports this stuff because they all play golf together, but he doesn’t play golf, so he does report it, even though he know he will take hits for it.

2 Responses to Mortgage company exec jumps to death

  1. Lee Sun, Jan 20, 2008 at 2:04 pm #

    1928 deja vu. It’s sad the amount of stress the guy must have felt and he was a minor cog.

  2. reader Mon, Jan 21, 2008 at 1:17 pm #

    Dude, you didn’t mention that the guy who jumped to his death (probably) offed his wife first.