EX-24. 2 rrd120783_136050.htm POWER OF ATTORNEY

rrd120783_136050.html

                                 Power of Attorney

The undersigned, Thomas Costello, a Director of Alesco Financial Inc. ("Alesco"), 
hereby authorizes and designates Daniel Munley, the Secretary of Alesco, as his true and lawful 
attorney-in-fact and agent, for him and in his name, place and stead, to sign and file the Form ID 
Application Acknowledgement with respect to the undersigned's application for an EDGAR 
access code, and any and all Forms 3, 4 and 5 required to be signed and filed by the undersigned 
pursuant to the Securities Exchange Act of 1934, until such time as the undersigned may revoke 
such attorney-in-fact and agency.
Dated this 12th day of October, 2006.

                                                        /s/ Thomas Costello
                                                        ___________________                 
                                                        Thomas Costello