So this is why Citibank is in so much trouble. One of its key exectutives has his mind elsewhere. Where? On his personal life, as he is undoubtablly trying to navigate the storm between his wife of decades and the mistress who bore his child.
It's no secret that Citigroup board Chairman Richard Parsons has been working for months to repair the financial giant.
But, until now, even his closest associates didn't know he also was wrestling with a personal crisis - how to tell his wife and three children he has fathered a child with another woman.
Parsons and model-philanthropist MacDella Cooper are the parents of a baby girl named Ella.
The 61-year-old former Time Warner chairman said only: "This is a private matter, and I prefer not to talk about it at this time."
Cooper, 32, also declined to discuss the circumstances of her daughter's birth.
"My private life is private," the striking beauty said. "I'm sure you can draw your own conclusions."
Cooper gave birth last August, according to a source, who said Parsons will support the child and has set up a trust fund for her education.
It just kills me how now the baby momma wants privacy. Sorry honey, but slippin' and slidin' with another woman's husband and getting knocked up by him opens you and your life up to scrutiny...especially if said man is a VIP of a big public company.
Parsons clearly proves that there's no fool like an old fool, and instead of concentrating on the financial crisis at his bank, or riding off into the sunset like other execs in this crisis, Parsons just bought himself more drama....about 18 years worth.
I hope he's already called Maury for that paternity test.
