Epstein Secrets

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

litter in the questioning comes this achange: Q: Have you had any type of business deal- ings with Ms. Cayne? A: There's no relationship with near Steams. Q: Pardon? A: Other than Bear Steams. no. Q: Have you been a partiripam in any type of business venture with Mr. Cayne? A: No. Qt Do you have

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

opted to prop up that entity wan St 6 billion :n loans (see BlisinessWeeli con, 6122/07. 'Bear Sfita.the. Rescue—c.r.stQtti The four-year-ole, Sc';; Steams tiqh.oradd structured Credit strateoier. Leverage fund was down about 10% as o4 the end of April Bear Stearns ha:, suspended investor redemptions in

THROUGH December 30.2005 ACCCUNT NUMBER x72 TAXPAYER MAUER On File LAST STATEMENT ROMERO( 30.2005 Equities & Options The research ratings for Bear Steams (BSC) are shown for certain securities covered by the Firms Equity Research Department. The first rating represents the stock's total return relativ

Please 'sped any dfference cc naweceact of *eats or skrffra midland ae dernerwl Is no. lo Clem Semen el 110904.1429: a wen Is Clete Savwes at Dew. Stearns &voiles Cap.. Ono lArremoch Conn Hoak BrooeHrL N.Y. 11201,395a llllllll ,,,,,,, llllllll Current market value ME Last statements market value

orth. Brooebn. NY. 112013959. Equities e $520.69 $465.818 Current market value ifflE Last statement's market value 14.722.887 $4.667.662 seer. Steams SOC‘ollkeS Cap. Ono Mettotech Center Noah OreckIgn. New Vcrk 11201.3859 JEFFREY EPSTEIN STATEMENT PERK* April I. 2005 THROUGH April 29.2005 ACC

tatements CONFIDENTIAL SDNYGI,00353919 EFTA_00226611 EFTA01322744 Cann THROUGH ITS VTMOLLY OvmE0 SUBSOMY 0 z ii C in z r OZUSEOCIN9- ANGS BEAR STEARNS OFFICE SERVICAG YOUR ACCOUNT Bear. Steams & Co. Ire. 383 Madison Avenue New Yea. Nen vo,. 10179 Rear Sian. Se011143 co Ow *Math Color Roll froc

lds that maintain less than 5100.000 in net equity in related accounts a that generated less than 5500 in brokerage commissions and/or fees paid to Bear Steams in those accounts in the prior calendar year. 012 0001/04.13 31 001 ‘102 EFTA01322781 BEAR STEARNS OFFICE SERVICING YOUR Accouvr Bear. Stea

11201.3859 INTERNATIONAL CHARITABLE Your Portfolio Holdings Independent. third-party research on certain companies Covered by the Firm's research Steams at no cost. Customers can access this research at www.bearsteams.com a can that a copy of this research be sent to them. CASH S CASH ECIUNALENTS i

02/ I ow O&1352 col \ Ill 3 EFTA01321646 cLucto moue' ITS NICKLY 01014E0 ISUBSOaltf 0 z m cim z H r ZETZSE00- IND- ANGS I b.) 00 00 BEAR STEARNS Offla SERVICING YOUR ACCOXI Bear. Steams 8 Co. Irc. 383 Madsen Avenue New York New 'fork 10179 2 = Your messages INTRODUCING QUARTERLY STATEM

ACCOUNT Bear. Steams & Co. Inc. 383 Matson Asenue 10179 ACCOUNT EIICUTNF GNMA GOVT BOND visit OUR WSW vmve.beasteains clam Important Message Bear Steams Is pleased to announce our conversion to a Calm* moreh-endeatornent. Effectne September 2003. yea account statement ml reflect all actvgy and accou

CIAL TRUST CO INC C/O JEFFREY EPSTEIN 6100 RED HOOK QUARTER SUITE B3 ST THOMAS VI 00802 Premise or Third Party Repurchase Agreements with Sear, Steams and Co.inc. outstanding as of date of statement /M1/601/3/1 RIPURCHAW PJR0092 SSW WART DATE DC OSA PRINCIPAL PRIMO kart RCM PCCSAD ontegsr

NG/SAVINGS ACODUNTS 1,290.729 1,072.488 LOANS DUE FROM INDNIDUALS 1,745,415 1.765415 CORE CLUB NOTE 100,000 100,000 BROKERAGE ACCOUNTS JPM (Bear Steams) 666,892 666.913 J P MORGAN 56,605 56,820 Mort Mc MOM= (at cost basis) 10000,000 10,000600 (1,280333 there, of common and 895,301 snares of

3,897.23 1187.23 3/8/23 13,251.21 13.25121 4/15/13 12 22345 12,22365 Tots 3,907,753.04 3313,595.17 794,15747 FTC Inwood $10000000 In her Steams /sat MAW Walt* on 12/79/06 Destributbre In WS on MOWN Web MOTE A: (reprotents 2 months par Dorothy Orketky) NOTE 5: (audit KI)ustanent In parbsenN

its, his investments with Bear Steams were also guided by the "assurances, advice and representations" of 'other executives at the highest levels of Bear Stearns' management" Am. St. Claim 11 19 (emphasis added). -5- EFTA00314494 on big-picture issues of strategy and growth. The day-to-day management and ove

row more against its assets. These assertions are inaccurate. The High Grade Fund traded with multiple counterparties, and Bear -11- EFTA00314500 Steams was just one of its many counterparties. Because it had plenty of other counterparties with which to trade, the decision to halt principal trades te