e protegee of Jimmy Cayne (also hired by Ace Greenberg on a whim—he met him in a bridge game—who would go on to run Bear and to lose his fortune in Bear's 2006 collapse). Epstein's leave taking or ouster from Bear is the result of politics, envy, EFTA00307956 overreaching, or a securities violation,

ades, and a somewhat increased capital commitment. How much capital? Judging by the relatively low level of VaR committed to the business, we think Bear's willingness to use capital is still quite limited. 173. Less than two weeks later, on March 15, 2007, the Company issued a press release touting