Epstein Secrets

hat he. his chief operating officer. Mitchell Brame and Epstein came up with a scheme to steal 53 million of the insurance companies' bonds to buy Pan Am and Em- ery stock. "Jeffrey Epstein and Mitch Stater arranged the various brokerage accounts acv the bonds to be placed with in Nen' York. and I t

the world, they were al- ways together," says a source. Hoffenberg has claimed that Epstein confided in him. saying. for example. that he had left Bear Steams in 1981 after he was discovered ex- ecuting "illegal operations." Several of Epstein's bear Stearns contem- poraries recall that Epstein left the co

ool. While there he began tutoring the son of Bear Steams chairman Ace Greenberg and was friendly with a daugh- ter of Greenberg's. Soon he went to Bear Stearns. where. under the mentorship of both Greenberg and current Bear Steams C.E.O. James Cayne, he did well enough to become a limited partner—a rung b

a good and substantial and meaningful lik." he says. In the meantime. hose-en there's a wed- ding to plan. Z Jeffrey Epstein C ONTINUED FROM PACE SOS Bear Stearns ndother firms. Epstein resigned from Bear Seams on March 12. The S.E.C. was tipped off that Epstein had intbrmation on insider tradiig at Bear St

ture with Mr. Cayne? (t.• Have you bad any business participations with Mr. Theram? A: No; nor do I anticipate any. Q: Mr. Epstein. did anyone at Bear Stearns ell you in words or substance that you should ice divulge anything about Si. foe Minerals to he staff of the Securities and Exchange Con- tenon? A: No

king the numbers earned him a place in the special-products division, where he worked on extremely complex tax-related problems for a select group of Bear Stearns’s wealthiest clients—an elite within the elite—including Seagram CEO Edgar Bronfman. In the spring of 1981 Bronfman made a bid to take over the St. Jo

tein. g wanted was respect. The other ¥ r with Wall Street’s inner workings: Jef ns, fit the bill Corporatio q According to Hoffenberg, " over of Pan Am—a deal tl 7 Steven Hoffenberg stil listening to him, one mus penilty to criminal conspir: million swindle, a familiz E ernie Madoff case. Brooklyn b

enber | Like so many others without the necessary w ent at the office, he'd als 3 someone who was familia frey Epstein, who had traded options for Bear Stear F st 110 HOUSE_OVERSIGHT_022079 --- PAGE BREAK --- FittHy RicH Hoffenberg began paying twenty-five thousand dollars per month for Epstein’s exp

in his office. | yerg was a Wall Street outsider. Aq yut, like Epstein. . anted was respect. The other was” th Wall Street’s inner workings. jetg : ar Stearns, fit the bill. { huge. According to Hoffenberg, Epstein handled the attempted take- over of Pan Am—a deal that went sideways almost immediately. :

t he. his chief operating officer. Mitchell Brater. and Epstein came up with a scheme to steal S3 million of the insurance companies' bonds to buy Pan Am and Em- en stock. "Jeffrey Epstein and Mitch Bracer arranged the various brokerage accounts for the bonds to be placed with in New York. and I thi

meantime. howc. zr. there's a wed- ding to plan. Jeffrey Epstein Cil•TIVI ED FROM %tot , a, Bear Stearns and other firms. Epstein resigned from Bear Steams on March 1_. The S.E.C. was tipped oil that Epstein had information on insider trading at Bear Steams. and it was therefore obliged to question hi

ool. While there he began tutoring the son of Bear Steams chairman Ace Greenberg and was friendly with a daugh- ter of Greenberg's. Soon he went to Bear Stearns. where. under the mentorship of both Greenberg and current Bear Steams C.E.O. James Caync. he did well enough to become a limited partner—a rung b

ed in him. saying. for example. that he had left Bear Stearns in 1981 after he was discovered ex- ecuting "illegal operations: Several of Epstein, Lar Stearns contem- poraries recall that Epstein left the compa- ny very suddenly. Wthin the company there were rumors also that he was involved in a technical

t he. his chief operating officer. Mitchell Bitter, and Epstein came up with a scheme to steal 53 million of the insurance companies' bonds to buy Pan Am and Em- en stock. "Jeffrey Epstein and Mitch Brater arranged the various brokerage accounts for the bonds to be placed with in New York. and I thi

ol. While there he began tutoring the son of Bear Stearns chairman Ace Greenberg and was friendly with a daugh- ter of Greenberg's. Soon he went to Bear Stearns. where. under the mentorship of both Greenberg and current Bear Stearns C.E.O. James Cayne. he did well enough to become a limited partner—a rung

lving a civil business case in Philadelphia. In 1981 the S.E.C.'s Jonathan Harris and Robert Blackburn took Epstein's testimony and that of other Bear Steams employees in part of what became a protracted case about insider trading around a tender of placed on March II. 1981. by the Seagram Company Ltd.

d a good and substantial and meaningful lik:' he says. In the meantime. howe.a. there's a wed- ding to plan. Jeffrey Epstein co‘rtst to room nor los Bear Stearns and other firms. Epstein resigned from Bear Steams on March 12. The S.E.C. was tipped otT that Epstein had information on insider trading at Bear

t he, his chief operating officer. Mitchell Brater, and Epstein came up with a scheme to steal S3 million of the insurance companies' bonds to buy Pan Am and Em- ery stock. - Jeffrey Epstein and Mitch Brater arranged the various brokerage accounts for the bonds to be placed with in New York. and I t

meantime, hove. er. there's a wed- ding to plan. r. Jet le\ Epstein :0•11 ,4 ED FRO" %GE 'of Bear Stearns and other firms. Epstein resigned from Bear Steams on March l_. The S.E.C. was tipped oil' that Epstein had information on insider trading at Bcar Stearns. and it was therefore obliged to question

arles Schumer. Powerful friends and enemies A Vanity Fair profile found cracks in the veneer of Epstein's life story. The 2003 article said he left Bear Stearns in the wake of a federal probe and a possible Securities and Exchange Commission violation. It also pointed out that Citibank once sued him for defa

ntact me at Number of pages including this page 4 Date-07-11-2007 72•15 South Comity Hoao. Pan Beach. Flora& 33480 EFTA01661675 UO7-07-11 09:9 Beår Stearns' Collateral Damage FAX 5616559653 » P 2/4 Page I of 3 h^get.:.en IOR NEWS :AU Bear Stearns' Collateral Damage Money manager Jeffrey Epstein B

at he, his chief operating officer, Mitchell Brater, and Epstein came up with a scheme to steal $3 million of the insurance companies' bonds to buy Pan Am and Emery stock. "Jeffrey Epstein and Mitch Brater arranged the various brokerage accounts for the bonds to be placed with in New York, and I think

chool. While there he began tutoring the son of Bear Stearns chairman Ace Greenberg and was friendly with aJAlightsr of Greenberg's. Soon he went to Bear Stearns, where, under the mentorship of both Greenberg Ind current Bear Stearns C.E.O. James Cayne, he did well enough to become a limited partner-a rung be

d in him. saying. for example, that he had left Bear Stearns in 1981 after he was discovered ex- ecuting "illegal operations.- Several of Epstein's Eizar Stearns contem- poraries recall that Epstein left the compa- ny very suddenly: Within the company there were rumors also that he was involved in a technica

nvolving a civil business ease in Philadelphia. In 1981 the SEC's Jonathan Harris and Robert Blackburn took Epstein's testimony and that of other Bear Steams employees in part of what became a protracted case about insider trading around a tender offer placed on March IL 1981. by the Seagram Company Li

t he. his chief operating officer. Mitchell Brater, and Epstein came up with a scheme to steal 53 million of the insurance companies' bonds to buy Pan Am and Em- ery stock. -..ieffie Epstein and Mitch Brater arranged the various brokerage accounts for the bonds to be placed with in New York. and I t

ol. While there he began tutoring the son of Bear Stearns chairman Ace Greenberg and was friendly with a daugh- ter of Greenberg's. Soon he went to Bear Stearns, where, under the mentorship of both Greenberg and current Bear Stearns C.E.O. James Cayne, he did well enough to become a limited partner—a rung

lving a civil business case in Philadelphia. In 1981 the S.E.C.'s Jonathan Harris and Robert Blackburn took Epstein's testimony and that of other Bear Steams employees in part of what became a protracted case about insider trading around a tender offer placed on March II. 1981. by the Seagram Company L

th Mr. Cayne? A: Nd. Q: Have you had any business participations with- Mr. Theram? A: No; nor do I anticipate any. Q: Mr. Epstein, did anyone at Bear Stearns ell you in words or substance that you should lot divulge anything about St. Joe Minerals to he staff of the Securities and Exchange Corn- nission? A:

that he. his chief operating officer. Mitchell Bata. and Epstein came up with a scheme to steal S3 million of the insurance companies bonds to buy Pan Am and Em- ery stock. "Jeffrey Epstein and Mitch Butter arranged the various brokerage acaaunts for the bonds to be placed with in New York. and 1 th

ol. While there he began tutoring the son of Bear Stearns chairman Ace Greenberg and was friendly with a daugh- ter of Greenberg's. Soon he went to Bear Stearns. where. under the mentorship of both Greenberg and current Bear Stearns C.E.O. James Clyne, he did well enough to become a limited partner—a rung

rns and other firms. Epstein resigned from Bear Stearns on March 12. The S.E.C. was tipped off that Epstein had information on insider trading at Bear Steams. and it was therefore obliged to question him. In his S.E.C. testi- mony, given on April I. 1981, Epstein claimed that he had found "offenave" the