Steams, James Cayne made a payment of around S2 million to a woman who was poised to file sexual harassment charges against its legendary chairman, Alan "Ace" Greenberg, The Daily Beast has teamed. The allegations, which centered around "inappropriate touching," according to people with direct knowledge of the matte

acher at Manhattan's elite Dalton School, he so impressed the father of one student that the father urged a friend—Bear Stearns Cos. Chief Executive Alan "Ace" Greenberg—to hire Mr. Epstein. Mr. Greenberg did so in 1976. At Bear Stearns, Mr. Epstein worked for Michael Tennenbaum, a senior executive, selling the firm