Posted on 04/09/2007 7:50:56 PM PDT by Anti-Bubba182
He used to be a family friend who joined them on ski trips.
But now business mogul Paul Fribourg is the other man in the Paula Zahn-Richard Cohen breakup - and something for the warring spouses to argue about.
"[Cohen] and Paula disagree over how long her thing with Paul has been going on," a friend of the couple said.
As the marriage of the CNN anchorwoman and the wealthy developer publicly implodes, Fribourg is said to be on vacation with his Moroccan-born wife, Josabeth, with whom he has four kids and an upper East Side brownstone.
Fribourg, 53, is a philanthropist and chairman of ContiGroup Companies, a sixth-generation family business that is one of the largest privately held corporations in the U.S.
His romance with Zahn, 51, could be bad news for the newscaster, whose contract to host "Paula Zahn Now" expires in December. Even before this, it wasn't clear whether they would renew it," said the friend of the couple. "Will they use this as an excuse to get rid of her?".........."
(Excerpt) Read more at nydailynews.com ...
You want lots of anaesthetic for a brownstone delivery.
zzzzzzzzzzzziiiiiiiiiiiipppp
(paula zahn promo flashback)
hey hey paula i've been waiting for you
hey hey paul i want to marry you to
True love means planning our life for two,
being together the whole day through.
True love means waiting and hoping that soon
wishes we made, will come true,
my love, my love.
What’s with the hair? Bad toupee’?
I predict this divorce is going to get more public. No indication on what the Fribourgs may do yet. Two middle aged couples involved with kids and lots of assets. No way this will not get nasty.
It would be more appropriate now!
ROTFLMAO!!!!!
They’ll dump Zahn because she’s fifty-one and doesn’t do boo in the ratings. And the day after she’s gone people will be saying Paula Who?
And trust me, you don't want to see the forceps. (Shudder)
Could be. I wonder if the notoriety of the divorce will actually bump her ratings up.
Looks like he was drunk in the gutter when the street paver came by.
Now that could get ugly.
Who does he think he is... Benny Hinn? All he needs is the swoosh effect.
No need to wait that long:
Paula WHO?
LOL!
It's gotta be tough trying to be a 51-year-old anchor-babe when there are some REAL babes out there!
No, I think being 51 and talentless is bad news enough for Paula...
Nevertheless, Paul Fribourg is a huge Democratic donor, giving as much as he can — hundreds of thousands of dollars according to public records — to every Democratic candidate, including New York senators Hillary Clinton and Charles Schumer. He also gave $37,000 to the campaign of New York’s new governor, Eliot Spitzer.
In the 2006 cycle, the Fribourgs (including Paul, wife Josabeth and brother Charles) donated $81,000 to Democratic causes, including $45,000 to the Democratic Senatorial Campaign Committee.
The Fribourgs are also charitable, giving away about $1 million a year to various groups. And while they are wealthy beyond almost definition, it’s unclear how Paul Fribourg has fared as head of the company. He advised his father to sell the grain operation to their competitor, Cargill, in 1994. According to the New York Times, his father only agreed when he was assured his employees would be safe.
When Paul Fribourg took over completely in 1996, and he immediately ramped up a division called ContiFinancial, which dealt in subprime lending on mortgages and leases.
Within two years there was trouble, and by the end of 1999 ContiFinancial — with no mention of Fribourg attached — had filed for bankruptcy. They claimed more than $1.3 billion in debt, including $700,000 to Norwest Bank of Minnesota. They wound up laying off 2,700 employees before disappearing entirely in 2001.
Fribourg now runs ContiGroup, a spin-off of the original company. He sits on the boards of Vivendi Universal, The Public Theater and Loews Corporation. He and his Moroccan-born wife, Josabeth, live in a palatial townhouse near the Guggenheim Museum with their seven children.
On the ContiGroup’s Web site, Fribourg concludes his CEO’s letter saying that he’s excited about: “forging strong partnerships and moving ahead in promising new directions.”
Will they be with Paula Zahn? The betting money says no, a divorce would come at an astronomical price. But then again stranger things have happened.
http://www.foxnews.com/story/0,2933,264866,00.html
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