Tag Archives: Gary Rosenbach

Will Gary Rosenbach be moving to Round Hill Road?

 

Gary and Susan Rosenbach, tax cheats panachemag.com photo

Mr. Rosenbach, a founder of Galleon Group with Raj Rajaratnam, is seemingly implicated in the insider trading case brought against Raj. There had been speculation that Rosenbach had avoided Raj’s fate by becoming a cooperating witness but now wire taps seem to tell a different tale. All very interesting. The Rosenbach manor at 217 Taconic Road is for sale but it’s been so for years, long before the present scandal (but around the time he and Rajaratnam paid $33 million for engaging in tax fraud). It started around $23 million, is down to about $14, and Zillow says it’s worth $7. I think Zillow’s estimate is too low – this is a very nice house, on good land, but in this market, who knows? And, if Rosenbach wants to make the move to Round Hill to join Raj, Walt, Ric and all the other felons and accused felons on that street, he might take a low offer just to get there ahead of the FBI. As an aside, Rosenbach and his wife are big contributors to Hillary Cliton and Obama. Odd how often people like this who know how to take my money and spend it pay no income tax themselves. Some people get exactly what they deserve.

 

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