Epstein Secrets

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

le you were at Bear Steams that Mr. Cayne may have trader or im sider information in connection with 5< ' Minerals Corporation? A: No. Q: Did Mr. Clyne ever have any conversation with you about St. Joe Minerals? A: No. Q: Did you happen to overhear any comma- matC. :003 EFTA00260617 .relliev E

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

he can't recall this: Cayne denies it happened. and Epstein has de- nied it as well. "Jeffre: Epstein left Bear Stearns of his oven volition." says Clyne. "It was never suggested that he leave by any member of management, and manage- ment never looked into any improprieties by him. Jeffrey said spec

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:

ve committee asked that he resign after his two supporters. Ace Green- berg and Jimmy Clyne. were outnumbered. Greenberg says he can't recall this: Clyne denies it happened. and Epstein has de- nied it as well. "Jeffrey Epstein left Bear Stearns of his own volition." says Cane. "It was never suggest

ocating for him to Greenberg.451 In June 1976, after Epstein was dismissed from Dalton for "poor performance",NOME491 Greenberg offered him a job at Bear Stearns.L121a1-1 Banking Epstein joined Bear Stearns in 1976 as a low-level junior assistant to a floor trader.[4z1 He swiftly moved up to become an optio

division, and then advised the bank's wealthiest clients, such as Seagram president Edgar_ Bronfman, on tax mitigation strategies-Lagoa-441 Jimr_ny Clyne, the bank's later chief executive officer, praised Epstein's skill with wealthy clients and complex products. In 1980, four years after joining Bear