Ex-Goldman Exec and Hedgie In Legal Spat Over Child Support


The financier Warren Lichtenstein, head of the hedge fund Steel Partners, is accustomed to courtroom battles. But this one has a different flavor.

The New York Times reports that 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 team, of conspiring with her to hide her financial condition in order to secure more than $50,000 a month in child support payments.

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 who is 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 Lichtenstein claims that in order to help Ms. Bond hide her economic condition, Cader disguised as loans millions of dollars in cash gifts he had given her.

Hit the link below to access the complete New York Times article:

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