Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: epicure who wrote (222824)	4/26/2013 1:07:08 PM
From: Sam	Respond to of 542218

If only these folks had tax cuts, the world would be so much better off.... from the NYT's Dealbook-- MILLIONAIRES DUKE IT OUT OVER CHILD SUPPORT The financier Warren G. Lichtenstein, head of the hedge fund Steel Partners, is accustomed to courtroom battles. But this one has a different flavor. Mr. Lichtenstein, who has a 5-year-old child with his former lover Annabelle Bond, a British socialite, is accusing Ms. Bond's current boyfriend, Andrew Cader, a former Goldman Sachs executive and part owner of the Tampa Bay Rays baseball franchise, of conspiring with her to hide her financial condition in order to secure more than $50,000 a month in child support payments, DealBook's Peter Lattman reports. According to the lawsuit filed in Federal District Court in Manhattan, Ms. Bond deviously obtained the outsize child support from a Hong Kong court to "improve upon her already extraordinary life of luxury, privilege and modest fame." That Ms. Bond, an accomplished mountaineer who has climbed Mount Everest, and the daughter of Sir John R. H. Bond, the former chairman of the global banking giant HSBC, lives a life of privilege is not in dispute. But Mr. Lichtenstein claims that in order to help Ms. Bond hide her economic condition, Mr. Cader disguised as loans millions of dollars in cash gifts he had given her. "The case was brought to prevent an injustice and reflects Warren's deep concern for the welfare of his child," said Stanley Arkin, the lawyer for Mr. Lichtenstein. Mr. Cader and Ms. Bond did not respond to multiple requests for comment.