Epstein Secrets

f integrity." Reiter: Town Manager Peter Elwell says the Palm Beach police chief's well worth his $144,000 sal- ary. Juno Beach Police Chief H.C. Clark II agreed. Al- though he doesn't know Re- iter well, he has met with him on countywide law enforce- ment issues. "I've never seen him lose his cool. I

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:

of integrity." Reiter. Town Manager Peter Elwell says the Palm Beach police chiefs well worth his $144,000 sal- ary. Juno Beach Police Chief H.C. Clark II agreed. Al- though he doesn't know Re- iter well, he has met with him on countywide law enforce- ment issues. "I've never seen hint lose his cool.

et. But a report in the March issue of Vanity Fair, on newsstands this week, unmasks Epstein's mystery image. Epstein wasn't exactly the top gun at Bear Steams, as he claims - and left the firm amid a swirl of rumors and an • SEC violation, the article said. His mentor in high finance was Steve Hoffenberg,

integrity." Reiter Town Manager Peter Elwell says the Palm Beach police chiefs well worth his $144,000 sal- ary. • Juno Beach Police Chief H.C. Clark II agreed. Al- though he doesn't know Re- iter well, he has, met with him on countywide law enforce- ment issues. "I've never seen him lose his cool.

Islands-based money-management firm, Financial Trust Company, is listed in a filing with the Securities and Exchange Commission as a stakeholder in Bear Stearns's High-Grade Structured Credit Strategies Enhanced Leverage Fund, which became much easier to refer to in recent weeks as "Bear Stearns' collapsing h