MaddogCT Posted March 26, 2005 Share Posted March 26, 2005 No justice..... http://www.cnn.com/2005/LAW/03/25/divorce.settlement.ap/index.html Cheating wife gets millions in divorce Friday, March 25, 2005 Posted: 5:04 PM EST (2204 GMT) BRIDGEPORT, Connecticut (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, New York. 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, Frederic J. Siegel, estimated the total value of the award was about $45 million and said his client asked for about 45 percent of the estate. "By anybody's standards, it's a large amount of money," Siegel said. "Both parties will be able to move on with their lives." Siegel said both sides were at fault for the divorce and defended his client as a good mother. 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. :logo: Link to comment Share on other sites More sharing options...
Johnny Punani2 Posted March 26, 2005 Share Posted March 26, 2005 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. That's where he f'ed up.... Link to comment Share on other sites More sharing options...
Ghost of Posted March 26, 2005 Share Posted March 26, 2005 Originally posted by Johnny Punani That's where he f'ed up.... No kiddin, JP. Sheesh. You know, as a man you're damned either way. You marry rich and you get a soulless POS who will divorce you in a minute. You marry poor and she TURNS INTO a soulless POS who divorces you after drawing out your suffering for as long as possible. Link to comment Share on other sites More sharing options...
Thiebear Posted March 26, 2005 Share Posted March 26, 2005 No, he's saying Ole boy married a woman already married. What are your going to say? Oh well i know she did it to the guy before me, BUT she would never do it to me? No trust from the get go... Link to comment Share on other sites More sharing options...
Ghost of Posted March 26, 2005 Share Posted March 26, 2005 No, I knew that part Thiebear, I was looking at the retail aspect. Link to comment Share on other sites More sharing options...
chomerics Posted March 26, 2005 Share Posted March 26, 2005 I don't have a problem with the settlement. They were not rich when they met, they were married when the business was started and made a crapload of money together. She gets 27% of his estate, yet he still has $120 million. I bet that $120 million will buy him a lot of, well how do you say it, "sympathy" from a beautiful girl in her 20's. Yep, I think he made out just fine. Link to comment Share on other sites More sharing options...
rdsknbill Posted March 26, 2005 Share Posted March 26, 2005 That settlement is just wrong, even though it was only 26% of the guys's estate. Although getting involved with a married woman from the onset was a bad idea. Link to comment Share on other sites More sharing options...
TheDoyler23 Posted March 26, 2005 Share Posted March 26, 2005 The guy's got 89 million in the bank so I'm not going to weep for him. He must make several million a year just on the interest! Link to comment Share on other sites More sharing options...
SkinsBry Posted March 26, 2005 Share Posted March 26, 2005 What's the word I'm looking for??? :idea: Oh yeah. WHORE!!! This story reaffirms my theory that the only women that you can have an honest relationship with, are hookers. You know what they want...Money. And they know what you want...OH,OH,OH! Link to comment Share on other sites More sharing options...
footballhenry Posted March 26, 2005 Share Posted March 26, 2005 Not right at all...:mad: Link to comment Share on other sites More sharing options...
Guest Gichin13 Posted March 26, 2005 Share Posted March 26, 2005 Originally posted by footballhenry Not right at all...:mad: This is the deal with no fault divorce. Frankly, it looks to me like she kind of got screwed, but certainly she is well off regardless. Note that I would bet most of the time no fault divorce works to the husband's benefit. I would bet money the husband's cheat more than the wives, but I guess I could be proven wrong. Link to comment Share on other sites More sharing options...
redman Posted March 27, 2005 Share Posted March 27, 2005 Actually, it sounds pretty fair. He made the money with her, and he knew what he (quite literally) was climbing into bed with. If you sleep with dogs, you're going to get fleas. His flea bath simply cost him $45M. Link to comment Share on other sites More sharing options...
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