Howard Rubin

Overview

Mr. Rubin has been a member of our Board since December 2004. As a Class II director, his current term expires in 2009. Since 1999, he has been retired, although he continues to serve as a director on various boards. He has served on the board of directors of Gatehouse Media, Inc., a publishing company, since 2006 and is currently a member of its audit committee and chairman of its compensation committee, and he has served on the board of directors of Fortress Investment Group, a global alternative asset manager, since 2007 and is currently a member of its audit committee and chairman of its compensation committee. In addition, Mr. Rubin previously served on the boards of directors of Capstead Mortgage Corporation and Global Signal Inc. He has over 20 years of experience trading mortgage-backed securities. From 1987 to his retirement in 1999, Mr. Rubin was a Senior Managing Director at Bear, Stearns & Co. Inc., a broker-dealer, where he managed the Collateralized Mortgage Obligations desk.