Epstein Secrets

. Unroch. He refused to elaborate, but court papers say she was "disabled at a re- sult of severe mental disease and defect." Epstein's lawyer in New York, Gerald Lefcourt, said, "The girl has admitted she is insane, but she can read a newspaper and recognize the word 'rich.'" Lefcourt also said th

s from resi- dential mailboxes and re- ceived 5 years' probation. The remaining charges were dropped. Since then, Epstein's name has turned up in New York City's tabloids. The New York Post noted he flew Pres- ident Clinton and Kevin Spacey to Africa on his pri- vate Boeing 727.1n 2003, the paper dubbed him

im nude massages, but prosecutors did not charge him with that offense. "MONEY MAN OF MYSTERY" The racy allegations involving Epstein—once labeled New York's most eligible bachelor by the New York Post— have been good fodder for the New York tabloids and gossipy Wall Street Web sites such as Dealbreaker.co

as opted to prop up that entity with $1.6 billion in loans (see BusinessWeek.com, 6/22/07, "Bear Stearns to the Rescue—Sort Of"). The four-year-old Bear Stearns High-Grade Structured Credit Strategies Leverage fund was down about 10% as of the end of April. Bear Stearns has suspended investor redemptions in that fund, too. The W

rch on Nov. 3, but she and her fiancé Stephen Sans "decided to skip the fanfare, and do something completely different." Instead, the pair went to New York's City Hall to get the marriage license and "why not just get married then?" Liz said. "So I called my friend Melissa Ferguson at the Mayor's Fund to

s and a dress from High Society. Don't want to make the jaunt to Monaco? Not to worry. A smaller version of the exhib- it will be at Sotheby's in New York in October. • They did — We hear there's a vacancy on the wed- ding schedule at Bethesda-by- the-Sea. Liz Finkle — granddaugh- ter of the late Da

attorneys say. Unusual is the word that best describes everything about stories. the case against Epstein, 54, an enigmatic money manager in New York City who counts Bill Clinton and described in a bluntly critical letter referred the matter to the FBI to determine whether any federal laws http://

the law. Epstein's Virgin Islands-based money-management firm, Financial Trust Company, is listed in the SEC filing as a "beneficial owner" of the Bear Stearns High-Grade Structured Credit Strategies Enhanced Leverage fund. A January filing with the Securities and Exchange Commission describes Epstein's firm as having "the power

times, Respondent BSAM was a corporation organized under the laws of the State of New York with its principal office located at 383 Madison Avenue, New York, New York. BSAM was the asset management arm of Bear Stearns and an SEC-registered investment advisor, with purported expertise in risk management a

t and trusted friend to many senior executives at Bear Steams. 4. In August 2006, FTC invested in excess of $20 million in a hedge fund called the Bear Stearns High-Grade Structured Credit Enhanced Leverage Fund, L.P. (the "Enhanced Fund"). Tenth months later, this investment was wiped out when the Enhanced Fund, which in the i

. Banque Arabe et Internationale D 'Investissement v. 20 Claimants' breath of fiduciary duty claim also must be dismissed as a matter of law because New York's Martin Act bars Claimants' claim for breach of fiduciary duty. See N.Y. Gen. Bus. Law §§ 352a -352c (McKinney 2007). The Martin Act entrusts to New

vember 2006, Epstein caused FTC and COUQ to invest nearly $35 million in Bear Steams High-Grade Structured Credit Strategies, L.P. (the "HG Fund"), Bear Stearns High-Grade Structured Credit Strategies Enhanced Leverage, L.P. (the "EL Fund"; together with the HG Fund, the "HG Funds") and Bear Stearns Asset Backed Securities Partn