Cheating wife awarded $45M in divorce settlement

BIG_DADDY · 03-25-2005, 12:34 PM

Another good story for the why get married thread.

http://sfgate.com/cgi-bin/article.cg...a074256S33.DTL

Cheating Wife Awarded More Than $40M

Friday, March 25, 2005

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(03-25) 07:42 PST Bridgeport, Conn. (AP) --

A judge has awarded the former wife of a multimillionaire businessman a divorce settlement worth more than $40 million even though she admitted having affairs with her rock-climbing guide and a man she met on a flight to China.

In addition to a $24 million payment, Susan Sosin will keep the couple's $3.6 million Manhattan apartment, $2 million Utah ski house and $800,000 home in Wallkill, N.Y. But she has to vacate the couple's two mansions in Connecticut and three desert properties in Arizona.

In the divorce granted Wednesday, she also gets to keep $6 million in her brokerage accounts, eight cars and $2.9 million in jewelry, including a ruby piece her husband had bought for her but hadn't given to her prior to their divorce.

Richard Albrecht, attorney for Sosin's husband, Howard, estimated the total value of the award at $43 million, or 27 percent of the estate. She wanted half, he said.

"My opinion is her conduct in this matter affected the award," Albrecht said.

Susan Sosin's lawyer, Frederick Siegel of Stamford, couldn't be reached for comment Friday. A telephone message was left at his office.

Howard Sosin, 54, who founded AIG Financial Products in 1987, filed for divorce after discovering his wife's relationships in February 2003. During an upgrade of their computer system, he found hundreds of e-mails between his wife and her lover, according to testimony.

Susan Sosin, 51, admitted in testimony that she had become intimate with a guide while rock climbing in 1996, though she said it was a spontaneous and isolated occurrence. During a flight to China in 2000, she met a married man, and that led to a lengthy affair, according to testimony.

"The parties' marriage has been undeniably marred by the defendant's infidelity," Superior Court Judge Howard Owens stated in his verdict. "Although her sexual relationship was not the sole cause of the breakdown, it did effectively terminate the marriage."

Howard Sosin's wealth was estimated at $168 million. Among the assets he gets to keep are $89 million in bank accounts, 10 of the couple's 18 cars, $960,000 worth of private club memberships and $22 million in fine art.

The couple met in 1978 when Howard Sosin was an assistant professor at Columbia University. At the time, she was married to another man and working in retail.

Howard Sosin served as the president and chief operating officer of AIG Financial Products until 1993 when he left the company. Following litigation, he received $182 million from AIG.

03-25-2005, 12:38 PM

Quote:

Originally Posted by BIG_DADDY

The couple met in 1978 when Howard Sosin was an assistant professor at Columbia University. At the time, she was married to another man and working in retail.

There you go. He deserved everything he got. A zebra doesn't change her stripes.

**Rain Man** · 03-25-2005, 12:41 PM

It's interesting too that he got his money via a lawsuit against his own company. It sounds to me like she's getting money in a roundabout way from people who bought stock in AIG.

03-25-2005, 12:44 PM

Quote:

Originally Posted by Rain Man

It sounds to me like she's getting money in a roundabout way from people who bought stock in AIG.

Another InGrate.

Jenny Gump · 03-25-2005, 12:46 PM

Was this woman previously married to Phil by any chance?

Bootlegged · 03-25-2005, 12:47 PM

gutterslut cumbelchingbuttwhore

Idahored · 03-25-2005, 12:47 PM

Quote:

Originally Posted by Phobia

There you go. He deserved everything he got. A zebra doesn't change her stripes.

Phobia,

Perfectly stated.

**alpha_omega** · 03-25-2005, 12:48 PM

Quote:

Originally Posted by Phobia

There you go. He deserved everything he got. A zebra doesn't change her stripes.

Exactly what i was thinking.

BIG_DADDY · 03-25-2005, 12:53 PM

Quote:

Originally Posted by Phobia

There you go. He deserved everything he got. A zebra doesn't change her stripes.

Funny thing....well I guess not so funny thing is we reward women in this country for living that lifestyle. Bounce around from man to man and take their stuff. Our legal system is a joke. I know he should have known better and had a prenup but still the way the system is set up is a joke. It's actually set up to benefit attorneys and guys just happen to be the sacrificial lamb.

**Mr. Flopnuts** · 03-25-2005, 01:01 PM

Quote:

Originally Posted by BIG_DADDY

Funny thing....well I guess not so funny thing is we reward women in this country for living that lifestyle. Bounce around from man to man and take their stuff. Our legal system is a joke. I know he should have known better and had a prenup but still the way the system is set up is a joke. It's actually set up to benefit attorneys and guys just happen to be the sacrificial lamb.

A prenup wouldn't have saved him in this situation because it sounds like they were married before he accumulated his wealth. That much money is ridiculous if you didn't work for it yourself. Basically got paid to be a whore. Isn't prostitution illegal?

03-25-2005, 01:03 PM

Quote:

Originally Posted by BIG_DADDY

Funny thing....well I guess not so funny thing is we reward women in this country for living that lifestyle. Bounce around from man to man and take their stuff. Our legal system is a joke. I know he should have known better and had a prenup but still the way the system is set up is a joke. It's actually set up to benefit attorneys and guys just happen to be the sacrificial lamb.

That's because attorneys are elected to be our lawmakers. They look out for the profession. That's what is taught in lawschool.

BIG_DADDY · 03-25-2005, 01:04 PM

Quote:

Originally Posted by chiefman420

Isn't prostitution illegal?

No it's actually encouraged by our legal system you just have to have a license.

Radar Chief · 03-25-2005, 01:05 PM

Quote:

Originally Posted by BIG_DADDY

The couple met in 1978 when Howard Sosin was an assistant professor at Columbia University. At the time, she was married to another man and working in retail.

Should’a been his first clue right there.

**Mr. Flopnuts** · 03-25-2005, 01:07 PM

Quote:

Originally Posted by BIG_DADDY

No it's actually encouraged by our legal system you just have to have a license.

someone tell Gochiefs so the poor guy can get himself a nice big slice of some poontang pie

Radar Chief · 03-25-2005, 01:08 PM

Quote:

Originally Posted by Phobia

There you go. He deserved everything he got. A zebra doesn't change her stripes.

And I should’a read the other posts first.

03-25-2005, 12:34 PM
BIG_DADDY THE RED MENACE Join Date: Aug 2000 Location: Texas Casino cash: $5098410	American Justice Another good story for the why get married thread. http://sfgate.com/cgi-bin/article.cg...a074256S33.DTL Cheating Wife Awarded More Than $40M Friday, March 25, 2005 Printable Version Email This Article (03-25) 07:42 PST Bridgeport, Conn. (AP) -- A judge has awarded the former wife of a multimillionaire businessman a divorce settlement worth more than $40 million even though she admitted having affairs with her rock-climbing guide and a man she met on a flight to China. In addition to a $24 million payment, Susan Sosin will keep the couple's $3.6 million Manhattan apartment, $2 million Utah ski house and $800,000 home in Wallkill, N.Y. But she has to vacate the couple's two mansions in Connecticut and three desert properties in Arizona. In the divorce granted Wednesday, she also gets to keep $6 million in her brokerage accounts, eight cars and $2.9 million in jewelry, including a ruby piece her husband had bought for her but hadn't given to her prior to their divorce. Richard Albrecht, attorney for Sosin's husband, Howard, estimated the total value of the award at $43 million, or 27 percent of the estate. She wanted half, he said. "My opinion is her conduct in this matter affected the award," Albrecht said. Susan Sosin's lawyer, Frederick Siegel of Stamford, couldn't be reached for comment Friday. A telephone message was left at his office. Howard Sosin, 54, who founded AIG Financial Products in 1987, filed for divorce after discovering his wife's relationships in February 2003. During an upgrade of their computer system, he found hundreds of e-mails between his wife and her lover, according to testimony. Susan Sosin, 51, admitted in testimony that she had become intimate with a guide while rock climbing in 1996, though she said it was a spontaneous and isolated occurrence. During a flight to China in 2000, she met a married man, and that led to a lengthy affair, according to testimony. "The parties' marriage has been undeniably marred by the defendant's infidelity," Superior Court Judge Howard Owens stated in his verdict. "Although her sexual relationship was not the sole cause of the breakdown, it did effectively terminate the marriage." Howard Sosin's wealth was estimated at $168 million. Among the assets he gets to keep are $89 million in bank accounts, 10 of the couple's 18 cars, $960,000 worth of private club memberships and $22 million in fine art. The couple met in 1978 when Howard Sosin was an assistant professor at Columbia University. At the time, she was married to another man and working in retail. Howard Sosin served as the president and chief operating officer of AIG Financial Products until 1993 when he left the company. Following litigation, he received $182 million from AIG.
Posts: 32,384

03-25-2005, 12:41 PM	#3
Rain Man NFL's #1 Ermines Fan Join Date: Jul 2001 Location: My house Casino cash: $3338491 VARSITY	It's interesting too that he got his money via a lawsuit against his own company. It sounds to me like she's getting money in a roundabout way from people who bought stock in AIG. __________________ I'm putting random letters here as a celebration of free speech: xigrakgrah misorojeq rkemeseit.
Posts: 141,338

03-25-2005, 12:46 PM	#5
Jenny Gump Feloniously Restrained Join Date: Jul 2003 Location: MO Casino cash: $10004900	Was this woman previously married to Phil by any chance? __________________ "Blah blah blah blahhhh”
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03-25-2005, 12:47 PM	#6
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