SERIAL DIVORCEE….Wall Street is alit with the latest scandal. This one involving the – until now – unblemished investment bank, Goldman Sachs. GSachs has now been charged with civil fraud, and the man who could bring the Bank to its knees is an Italian metrosexual by the name of Paolo Pellegrini. Notwithstanding the dapper don made $175 million in bonus in one year from Goldman for, I guess, his investment “advice” pertaining to subprime mortgage loans and the housing sector and insurance contracts, still, he’s expected to testify against the bank through some deal he made with the SEC, according to Wall Street Journal reports (of course, we are paraphrasing other sources who claim the Wall Street Journal as their source and in no way claim that this post is the result of any form of investigative journalism whatsoever so don’t call us for a quote).
Pellegrini, described as the “point man for Paulson & Co.,” has many talents; but it doesn’t seem like marriage is one of them. Though he’s currently married, it seems he’s already had two high profile divorces under his belt and he’s only fifty-something. Says the New York Post:
Pellegrini, a stylish native of Italy, began his mostly disappointing Wall Street career in the mid-1980s. He had been a midlevel investment banker at Lazard Freres and tried a few other trading ventures. Two high-profile marriages — to Claire Goodman, daughter of legendary New York State senator Roy Goodman, and to Beth Rubin DeWoody, daughter of the late New York real-estate mogul Lewis Rudin — ended in divorce.
In late 2007, [Pellegrini] took his new wife on vacation in Anguilla, an island in the West Indies. Stopping at a cash machine in the hotel lobby to withdraw some cash, she checked the balance of their checking account. On the screen was a figure that startled her: $45 million, newly deposited in their joint account. It was part of Pellegrini’s $175 million bonus that year.