Citigroup Chairman's Love Child With Model

Citigroup board chairman Richard Parsons really has a full slate. Besides trying to shepherd the troubled financial giant through the economic crisis, the Daily News reports that he "was also wrestling with a personal crisis - how to tell his wife and three children he has fathered a child with another woman." Parsons, 61, and MacDella Cooper, 32, a model, are the parents of a baby girl born last August. They apparently met through her charitable foundation which provides education and food to abandoned and orphaned children in Liberia. Cooper told the News, "My private life is private. I'm sure you can draw your own conclusions." And Parsons, once touted as a possible candidate for Mayor (if Bloomberg didn't get his way with term limits), only said, "This is a private matter, and I prefer not to talk about it at this time."