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News Release

New Jersey Department of
Banking and Insurance
Commissioner Steven M. Goldman

For Immediate Release: March 24, 2006

For Further Information: Jaimee Gilmartin - (609) 292-5064

Goldman Sworn in as Commissioner

TRENTON – Governor Jon S. Corzine administered the oath of office today to the new Commissioner of the Department of Banking and Insurance, Steven M. Goldman, at a ceremony held at the Mary G. Roebling Building. Corzine named Goldman to the cabinet post on January 31. Earlier this month, the Senate Judiciary Committee and the full Senate unanimously approved his appointment.

Goldman was a senior member and 22-year veteran of Sills Cummis Epstein & Gross PC. During his time at the firm his focus revolved around corporate law, and specifically looked at mergers and acquisitions, banking and finance, joint ventures, and leveraged buy-outs. Goldman earned a Masters of Law in taxation from New York University School of Law, a Jurist Doctorate from the George Washington University School of Law and an undergraduate degree in political science from Boston University. He lives in Woodcliff Lake with his wife and they have three children.

“I very much appreciate the confidence Governor Corzine has expressed in me by nominating me for this position and allowing me to be a part of his team,” said Commissioner Goldman. “As a proud native of New Jersey, this appointment is a particular privilege for me.”

The Department of Banking and Insurance is responsible for regulating the banking, insurance and real estate industries in New Jersey. The Department ensures the solvency of insurance companies within the state; oversees the regulation of state-chartered depository institutions, mortgage bankers and brokers; and reviews applications from insurers looking to do business in New Jersey.

“When I accepted the Governor's offer to join the administration, I made a commitment to him that I would like to share with all of you today. As Commissioner I will perform my responsibilities honestly, conscientiously, efficiently and fairly for the benefit of the people of New Jersey,” said Goldman. “I reiterate that commitment today to the Governor and to all of you.”