Friday, March 25, 2005

Sex, lies, Connecticut, and the exploits of the Rich headed for Divorce


Adultery, Acrimony And Millions In Spoils
March 25, 2005
By KENNETH R. GOSSELIN, Hartford Courant Staff Writer

In one of Fairfield's wealthiest enclaves, the bitter divorce of a business executive has ended with his jet-setting wife walking away with nearly $50 million in cash, homes, cars, jewelry and artwork.

The 25-year marriage ended with Howard Sosin, a one-time insurance executive, branding his wife, Susan, an adulteress. Susan Sosin said she suffered the loneliness of a golf widow.

In a 74-page divorce decree filed this week in Superior Court in Bridgeport, the slow, painful disintegration of the Sosins' marriage in their $16.2 million mansion on tony Sasco Hill Road is revealed in lurid detail:

How Howard Sosin insisted on celebrating Thanksgiving on a Saturday so he could play golf on the holiday. How Susan Sosin pursued a yearlong affair with a married man she met when he helped her with her luggage in an airport in China.

And how Howard Sosin finally discovered the secret e-mails Susan Sosin exchanged with her lover.In the decree, Judge Howard T. Owens said the discovery of those e-mails was the death knell to the marriage.

"The parties' marriage has been undeniably marred by [Susan Sosin's] infidelity," Owens wrote in the decree.

"Although her sexual relationship was not the sole cause of the breakdown, it did effectively terminate the marriage."

Howard Sosin's "preoccupation with his career also led to the erosion and subsequent drifting apart, although to a much lesser extent. [Susan Sosin] is primarily responsible for the breakdown of the marriage.

"Owens' decree also gives a rare glimpse into how one wealthy family on the Gold Coast lived a lavish lifestyle, but where money wasn't a substitute for happiness. The ruling details everything the couple owned, from artwork worth millions right down to an "I Love Mommy" mug.

The Sosins and their three children lived in a Sasco Hill mansion decorated with paintings and sculpture worth millions and furnished with rare furniture - some pieces worth hundreds of thousands of dollars. The pair of George III parcel-gilt side tables alone were valued at $100,000.

They owned art worth nearly $30 million. The Sosins had as many as 14 servants, some of them living in a second, $5 million home the couple owned on the same street. They owned 18 cars.

Golf club memberships were worth nearly $1 million.They had five homes, including a ski house in Utah. There also was an apartment in New York City.And there were lavish gifts of jewelry.

For their 16th anniversary, Howard Sosin gave his wife a 25-carat diamond ring.But those trappings were a long way from 1978 when the couple met. Then, Howard Sosin was an assistant professor at Columbia University. Susan Sosin was married to her first husband and working in retail. The Sosins married in 1980 after Susan Sosin divorced her husband. They had little money.

Howard Sosin later worked on Wall Street. In 1987, he formed AIG Financial Products, serving as its president and chief operating officer.Six years later, Howard Sosin sold his interest in the joint venture. And together with the resolution of an employment dispute with AIG, Howard Sosin was paid $115 million. Meanwhile, the Sosins had three children: Clifford, Tyler and Clarissa.

In addition to work, Howard Sosin became involved in funding research - and eventually set up his own company - to find a cure for peanut allergies, from which his daughter suffered.He also established a company to create inventions related to his passion for golf.

According to the decree, it was those outside activities that increasingly kept the couple apart. Susan Sosin began developing her own interests, mainly rock climbing, skiing and dance. By the mid-1990s, the couple's separate lives sparked conflict.

Susan Sosin said her husband planned family outings around his golf schedule. Howard Sosin complained the family often ate dinner while Susan Sosin was off skiing.

In 2000, Susan Sosin met David Brooks on a trip to China. When she returned to Connecticut, she began communicating by e-mail and telephone calls that in one instance included phone sex.

She set up a separate e-mail account to correspond with Brooks, who lived in Redmond, Wash.

That Christmas, Susan Sosin and Brooks engaged in sex on a ski trip to Utah, the decree states.They continued to regularly exchange e-mails, cellphone calls and cards - often discussing Susan Sosin's troubled marriage - until the relationship ended in late 2001. In early 2003, the Sosins hired a consultant to upgrade their computer systems. It was through the consultant that Howard Sosin learned unexpectedly his wife had a separate e-mail account.

"It took [Howard Sosin] days to read through all the e-mails, discovering his wife had been unfaithful," the decree said. He discovered 637 pages of e-mails, plus a diary.

In early March, Howard Sosin filed for divorce.Susan Sosin learned of the filing while in Asia. She returned home and deleted the e-mails, but she did not know until the deposition for the divorce trial that Howard Sosin had copied them.

The division of property allows Susan Sosin to maintain an upscale lifestyle. In addition to a $24 million payment in cash, Susan Sosin gets the Manhattan apartment, the ski house and a home about 90 miles north of New York City. They are valued at $6.5 million. She must, however, move out of the Sasco Hill estate in 90 days.

Susan Sosin will walk away with eight cars, including the 2002 Lexus. But Howard Sosin gets the 2001 BMW. Howard Sosin will hold onto $2.4 million in furnishings, while Susan Sosin gets $160,925. Howard Sosin also gets $22.2 million in artwork, compared with Susan Sosin's $3.5 million.

Then, there are hundreds of household items that aren't appraised.

For instance, Howard Sosin gets to pick the first art book from the collection in the hall and library. Then, the Sosins make alternating selections.

An attorney for Susan Sosin praised the judge's division of assets, saying it was more generous than what Howard Sosin had first offered for a settlement. But it was regrettable that the divorce had to go to a trial, said Frederic J. Siegel, Susan Sosin's attorney.

"It's an unfortunate situation," Siegel said, "when people's private lives have to be displayed in a public forum."

The above came from the Hartford Courant website.

Fair use of copyrighted material

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[click here] for:

Tauck V. Tauck: No End In Sight

Nancy Tauck

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My email to incoming Gov. Rell of Connecticut regarding Rowland and corruption

How can there not still be sleaze in the Connecticut Governor’s Office, if former Rowland aids are answering Rell’s phones?

Can cops rape, rob, beat, and murder with immunity?
(post contains pictures of young adults brutalized by police, and picture of a 1978 Chevrolet Corvette and one of the houses I fixed up from a boarded up condition)
[Link too old to use]

This blogger's email:

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Added December 29, 2008:

If you have $20,000,000 should your divorce cost $20,000,000? [scroll down for link in post]

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[click here] for newest Stark Raving Viking blog posts

[click here] for Steven G. Erickson OpEd News posts

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Names named, criminals in Stafford Springs, Connecticut, reported but nothing is done by the armed revenue collectors and the money collecting, not criminal correcting, court system


Anonymous Anonymous said...

Wow Mrs.Susan Sosin made a big mistake. Iam sorry for the three
kids they are the real victims.

Charles A. Balint

Friday, May 18, 2007 2:12:00 PM  
Blogger The Stark Raving Viking said...

My links no longer go to the posts intended.

Tuesday, October 14, 2008 8:09:00 AM  
Anonymous Anonymous said...

i would just like to say that i know everybody personally mentioned in this and you have a lot wrong. You also wrote an incredibly biased piece. both parties are at fault. please get your facts straight next time.
thank you

Thursday, November 20, 2008 7:54:00 PM  
Blogger The Stark Raving Viking said...

just curious, what in the piece that I didn't write, isn't accurate?

Friday, November 21, 2008 7:22:00 AM  
Anonymous Anonymous said...

Wife Cheats on Husband, Gets $40M in Divorce

Friday, March 25, 2005

BRIDGEPORT, Conn. — 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 (search) will keep the couple's $3.6 million Manhattan apartment, $2 million Utah ski house and $800,000 home in Wallkill, N.Y. (search). 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 (search), 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 (search) 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.

Thursday, December 18, 2008 10:36:00 PM  

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