Daniel Cosgrove by Robert Milazzo/PGP
What the hell is Daniel Cosgrove doing back on a daytime soap? The actor, currently recurring on Dirty Sexy Money as Karen Darling's sulky fiancé, Freddy, is returning to Guiding Light November 13 with a three-year deal. Why? He wants dirty, sexy East Coast money. A Connecticut family man, Cosgrove, 36, says he jumped at the GL offer in order to work in New York City and be with his wife and three daugh­ters. "I'm taking myself out of the L.A. game to a large degree," says the former Beverly Hills, 90210 star. "This is not the career path a lot of people would take, but reality strikes as you get older. I'm happy and at peace with this."

His character, Bill (last seen in 2005), has been fired from Lewis Oil in Venezuela for shady deal­ings and will return to Springfield "with a huge chip on his shoulder," Cos­grove says. "He's become a real idiot, a rude and disre­spectful jerk." By his sec­ond episode, he'll be in the sack with pop tart Lizzie Spaulding (Marcy Rylan). - Reporting by Michael Logan