Vanity Fair's Vicky Ward jumps on another new fun fact around the alleged Goldman fraud...
The former head of the ill-fated portfolio selection agent (and CDO buyer) ACA is married to (or at least co-habitating with) Goldman's Deputy General Counsel:
Alan S. Rosenman took over ACA Capital as president and CEO in 2004 - because -- wait for it -- his predecessor Michael Satz had "personal income tax issues" -- (how murky is this story going to get you must be asking?)
According to a Business Week article dated April 3 by David Henry and Matthew Goldstein, Rosenman "immediately began to push ACA into CDO insurance , an area his predecessor, Satz, had only begun to explore."
Rosenman's wife, or at least partner -- they are listed as sharing a house together for which they paid $6.1 million in 2005 in New York -- is Frances "Fran" R. Bermazohn, who is managing director and deputy general counsel at ... Goldman Sachs.
Read more: http://www.businessinsider.com/henry-blodget-but-wait-theres-more-head-of-allegedly-swindled-goldman-cdo-buyer-aca-is-married-to-goldmans-deputy-general-counsel-2010-4#ixzz0lWIoaQBk
No comments:
Post a Comment