Epstein Secrets

who had built a S3 billion em- pire—one that now in- cludes Victoria's Secret. Express, and Bath & Body Works—from 55.000 lent him by his aunt. "Werner saw in Jeffrey the type of person who had the potential to real- ize his [Jeffrey's) dreams?' says some- one who has worked closely with both men.

Bronfman Sr. to obtain information about the tender offer. After the tender offer was announced. the S.E.C. began investigating trades in- volving St. Joe at cnNti veto cry P‘Of 'I' VAI*1 •, IA as SDNY GM 02764641 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00251483 EFTA0

ch- ing. His story has subsequently changed. When asked if Wexner knew about his con- nection to Hoffenberg. Epstein said that he began working for Werner in 1989, and that "it was certain& not the same time." Wherever and whenever it was that Ep- stein and Wexner actually met, there was an immediate

nation wkh your reasons for !eating the firm? A: I'm aware that there were many rumors. Q: What were the rumors you heard? A: Nothing to do with St. Joe. Q: Can you relate what you bead? A: It was having to do with an illicit affair with a secretary. Q: Hate you heard any other rumors suggest- ing

ly not the same time." Wherever and whenever it was that Ep- stein and Wexner actually met. there was an immediate and strong personal chem- istry. Werner says he thinks Epstein is "very smart with a combination of excellent judg- ment and unusually high standards. Also. he is always a most loyal frie

r Bronfman Sr. to obtain information about the tender offer. After the tender offer was announced, the S.E.C. began investigating trades involving St. Joe at continued on page 343 continued from page 305 Bear Stearns and other firms. Epstein resigned from Bear Stearns on March 12. The S.E.C. was tippe