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Cohen & Co Inc. Director's Dealing 2006

Nov 1, 2006

34911_dirs_2006-11-01_ea71d870-1b23-4714-bdc9-0acdb029164c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALESCO FINANCIAL INC (AFN)
CIK: 0001270436
Period of Report: 2006-10-31

Reporting Person: MCENTEE JAMES (Director, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-10-31 Common Stock, $0.001 par value per share J 113204 $0.00 Disposed 25326 Direct

Footnotes

F1: Mr. McEntee forfeited all 113,204 of his restricted shares to Alesco Financial Inc. No consideration was received by Mr. McEntee.