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Regarding Bear Stearn's/JE/Banking Crisis Connection 2008
Jeffrey Epstein’s Ties to Clinton, and His Questionable Source of Wealth
July 11, 2019 by Jeff Carlson, CFA
The Miami Herald reported that “as part of the plea deal, Epstein provided what the government called ‘valuable consideration’ for unspecified information he supplied to federal investigators.” It remains unknown exactly what information was provided by Epstein, but as the Miami Herald notes, “Epstein’s sex crime case happened just as the country’s subprime mortgage market collapsed, ushering in the 2008 global financial crisis.”
According to the Herald’s reporting: “Records show that Epstein was a key federal witness in the criminal prosecution of two prominent executives with Bear Stearns, the global investment brokerage that failed in 2008, who were accused of corporate securities fraud. Epstein was one of the largest investors in the hedge fund managed by the executives, who were later acquitted. It is not known what role, if any, the case played in Epstein’s plea negotiations.”
>The fact that Epstein was reported “one of the largest investors” in the Bear Stearns hedge fund runs contrary to his portrayal as the sole and direct manager of his clients’ funds and raises questions as to the purposes behind any management fees.
Rumors of blackmail have surrounded Epstein for years. In a 2015 court filing, Epstein accuser Virginia Roberts Giuffre said that Epstein “trafficked” her to “to many other powerful men, including politicians and powerful business executives.” She stated that “Epstein required me to describe the sexual events that I had with these men presumably so that he could potentially blackmail them.”
https://themarketswork.com/2019/07/11/jeffrey-epsteins-ties-to-clinton-and-his-questionable-source-of-wealth/