Who is Bruce Rose and Carrington Capital?

Word that this guy and his Greenwich hedge fund are pals of Chris Dodd made me curious to learn more about them. No friends other that Dodd, it would seem, but then, Dodd’has always been willing to be your friend as long as your mommy pays  him to do so.

Seeking Alpha has bad things to say.

ZeroHedge says they’re liquidating

One group is suing them for racketeering

While the state of Ohio is just plain old suing them.

This all sounds like trouble so it’s no surprise that Bruce Rose would want the help of the Chairman of the Banking Committee. I’ll bet Dodd doesn’t come cheap in emergencies like this but obviously it was money well spent. Odd thing about Rose: he’s shown as the owner of 22 Carrington Drive (there’s a coincidence) but it’s either raw land or he’s content to live in a squatter’s shack. The total value is assessed at just $1.5 million and all but $50,000 of that is land. So where does Dodd’s constituent and benefactor actually live?

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4 responses to “Who is Bruce Rose and Carrington Capital?

  1. Anonymous

    In the late ’80s every stockbroker or other scammer seemed to call himself an “investment banker”

    In the late ’90s, “venture capitalist” was the fashionable term

    These days, same clowns call themselves “hedge fund managers”, like Bernie or Walt

  2. Sanjay Bigglesworth

    Rose is no rose.

    From Housingwire via Dealbreaker.

    http://dealbreaker.com/Frayed%20Ends.Carrington%20Capital.pdf

  3. Pete

    Actual assessment of 22 Carrington Dr. is $1,074,500 land and $436,170 improvements, total $1,510,670. House built in 1978. 3,112 square feet. In-ground pool. Rose purchased property from Worthington in 1995 for $1,500,000.