News

Galleon Group Co-Founder Went From The Hedge Fund Capital Of The World To The Cutting Horse Capital Of The World And God Damnit, It’s Not About The Money Anymore

Mr. Rosenbach was never charged with any wrongdoing. He resigned from Galleon just months before prosecutors Mr. Rajaratnam’s arrest, citing family health reasons. He briefly made news in early 2011 with reports that he was starting his own firm, but it never materialized and he all but disappeared from Wall Street. Mr. Rosenbach has finally resurfaced, in Texas, as an accomplished amateur “cutter,” a sport in which horseback riders separate one calf from the cattle herd. Earlier this month, in Fort Worth, he won the National Cutting Horse Association Super Stakes Derby Amateur Championship aboard his horse, a mare, Scooters Daisy Dukes. After the competition, Mr. Rosenbach was interviewed in a video featured on YouTube. According to the clip, Mr. Rosenbach, a New York native and graduate of Queens College, owns the Rose Valley Ranch in Weatherford, Tex., a town about an hour east of Dallas that calls itself “the cutting horse capital of the world.” The amateur competition earlier this month earned Mr. Rosenbach — who made tens of millions of dollars at Galleon — about $5,138 in prize money. “You won a little more than $5,000,” the reporter said. “This win, for you, means what?” “You know I don’t want to sound terrible, it wasn’t about the money,” said Mr. Rosenbach, wearing a cowboy hat, “it’s about the buckle, it’s about the saddle, it’s about the exciting feeling, the adrenaline rush of when you finish and you put your hand down and you’re done cutting.” [Dealbook]

7 comments
(hidden for your protection)
Show all comments

7 Responses to “Galleon Group Co-Founder Went From The Hedge Fund Capital Of The World To The Cutting Horse Capital Of The World And God Damnit, It’s Not About The Money Anymore”

  1. Guest says:

    There appears to be a typo – shouldn't the horse's name should be Cooter's Daisy Dukes?

  2. Edmond_Dantes says:

    Rosenbach..!…he reminds of those cowboys we used to pick on when I was growing up…

    Carl Icahn

  3. Texas Guest says:

    Dealbook needs to get a fucking map. Weatherford is west of Ft. Worth, not east of Dallas.

  4. Quant me maybe... says:

    In a perverse way his comments perfectly describe my second marriage.

  5. spanishmoon says:

    Gary finally found an honest pursuit at which he can excel

  6. brokehisnose says:

    I grew up w him in queens and knew him well.
    He had a passion for horses way back then. Believe
    me, he worked hard to learn cutting. We did not grow
    up around horses at all. Gary grew up in a house 50 ft. from
    a highway. He s a great guy who did nothing different than
    any of you, given his situation. He s been generous with
    his time and money.

Our Sites

  • Above the Law
  • How Appealing
  • ATL Redline
  • Breaking Defense
  • Breaking Energy
  • Breaking Gov
  • Dealbreaker
  • Fashonista
  •