Epstein Secrets

stem, which will send a notification of such filing (NEF) to: John K. Dema, Esq. Law Offices of John K. Dema, P.C. 1236 Strand Street, Suite 103 St. Croix, VI 00820-5008 /s/ Chad C. Messier EFTA00608062

T OF TIME Civil No. 2009-106 Page 2 capital reserves, and the quality of its risk management in order to induce plaintiff to retain its shares of Bear Steams stock. 3. On December 3, 2009, counsel for defendant filed with the Judicial Panel on Multi-District Litigation (the "MDL Panel") a Rule 7.5 Notic

counsel. 4. In August 2008, the MDL Panel joined for consolidated or coordinated pretrial purposes fifteen actions (the "Related Actions") against Bear Stearns concerning "whether Bear Stearns and certain of its current and former officers and directors knowingly made material misstatements or omissions co

v. The Bear Stearns Companies Inc., 09-cv-00106, currently pending in the federal District Court of the Virgin Islands, Division of St. Thomas and St. Croix. In the Rule 7.5 Notice, Bear Stearns is requesting the Clerk of the Panel to transfer the FTC Virgin Islands action to the consolidated actions pe

he parties and witnesses and promote the just and efficient conduct of the litigation. All actions share allegations regarding, inter alia whether Bear Stearns and certain of its current and former officers and directors knowingly made material misstatements or omissions concerning the company's financial

York and you, as the current President of FTC, are a resident of the New York Metropolitan area and not a Virgin Islands resident. Virtually all of the Bear Stearns witnesses would be located in New York, and not in the Virgin Islands. The case most likely would have pretrial discovery conducted within the MDL

s. In the meantime,more and more money managers are moving to the Virgin Islands, where a financial district is quickly developing in Frederiksted, St. Croix. There, inside two-story buildings built of bricks that were originally used as ship's ballast,Bloomberg machines,flat-screen televisions and comput

e my friend Ace Greenberg a call." Epstein was in many respects the perfect candidate for Greenberg's consideration. Greenberg, a senior partner at Bear Stearns at the time and a legendary trader in his own right, has long made it dear that it's the hungry, brilliant guys lacking the fancy degrees that he fa

y Committee at Harvard. His philanthropic affiliations include both the Wexner Foundation and The COUQ Foundation. Mr. Epstein started his career at Bear Steams with an educational background in physics. He was elected to the Board of Trustees of the Institute of • International Education in October 2001.

IC DEMA, P.C. Attorneys for Plaintiff /s/ John K. Dema Dated: August 5, 2009 JOHN K DEMA, Esquire 1236 Strand Street, Suite 103 Christiansted, St. Croix, USVI 00820-5008 Telephone: 340-773-6142 Facsimile: 340-773-3944 EFTA00729600 Case: 3:09-cv-00106 Document #: 1 Filed: 08/05/2009 Page 19 of

2009 Page 13 of 19 Financial Trust Company, Inc. vs. The Bear Stearns Companies Inc. Verified Complaint Page 13 quoting Schwartz as stating that Bear Stearns' 'balance sheet, liquidity, and capital remain strong". 51. On or about the weekend of March 14, 2008, J1' Morgan offered just $2.00 a share for Bea

isited by two million vacationers every year. 1050 Norre Gade, Gov. Development Bank Bldg. P.O. Box 3O5038, St. Thomas, USVI 00803 Frederiksted, St. Croix, USVI 00840 (340) 774-8104 (877) 432-USVI 34O.773-6499 clo #4 King Street http://www.usvieda.org/edc/edc_index.asp 3/7/2006 EFTA00261242

y Committee at Harvard. His philanthropic affiliations include both the Wexner Foundation and The COUQ Foundation. Mr. Epstein started his career at Bear Steams with an educational background in physics. He was elected to the Board in October 2001. 1 posted on 10/20/2002 8:49:45 AM PDT by Liz [ Post Reply I