A plane crashed today in New Jersey killing 5 people aboard: Greenhill and Co. managing directors Jeffrey F. Buckalew and Rakesh Chawla, and Buckalew's wife and 2 children. No one was injured on the ground as the plane crashed into Interstate 287. Buckalew, an NYC banker, was the owner of the plane and it was headed to Georgia before it crashed. It is unclear why the plane crashed but some think it may be due to a collection of ice that built up. The plane had only been in the air 14 minutes coming from Teterboro Airport in New Jersey. Greenhill and Co. is an investment firm. Chairman Robert F. Greenhill said today that, "the firm is in deep mourning over the tragic and untimely death of two of its esteemed colleagues and members of Jeff's family. Jeff was one of the first employees of Greenhill. He and Rakesh were extraordinary professionals who were highly respected by colleagues and clients alike. They will be sorely missed and our sympathies go out to their families and friends." -tt 12/20/11
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