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Mr. Salmon was elected in December 2006 to serve as Chief Financial Officer and Treasurer of RAIT. Mr. Salmon has served as Taberna’s Executive Vice President, Chief Financial Officer and Treasurer since March 2005. Mr. Salmon was employed by Cohen Bros. from January 2005 until Taberna commenced operations in April 2005. Mr. Salmon also serves as a member of Taberna Funding’s investment committee. From 2003 until joining Cohen Bros., he was a vice president and chief accounting officer of The Rubenstein Company, L.P., a diversified privately owned real estate company that owned a portfolio of office buildings with assets of approximately $1.0 billion during this period. From 1975 to 2003, Mr. Salmon worked in public accounting serving a variety of real estate and financial services companies, including public and privately held REITs, major real estate opportunity funds, developers and institutional investors in real estate. From 2002 to 2003, Mr. Salmon was a partner with KPMG LLP, an accounting firm. Mr. Salmon was a partner with Arthur Andersen LLP, an accounting firm, from 1989 to 2002. As a partner with Arthur Andersen LLP, Mr. Salmon had lead partner responsibility for REIT initial public offerings, due diligence engagements and SEC matters. He also advised multiple REITs on acquisitions, mergers and portfolio transactions involving over $2.0 billion of debt and equity offerings. | 