← The Epstein Chronicles
The Epstein Chronicles
Mega Edition: Jeffrey Epstein And His Time As The Big Man On The Harvard Campus (Part 2) (5/9/26)
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Jeffrey Epstein spent years cultivating deep ties to Harvard University, embedding himself within elite academic circles despite his growing legal and reputational baggage. Through donations, personal relationships, and aggressive networking, Epstein...
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This is pro linebacker TJ Watt and I'm former pro soccer player Danny Watt. We're excited to be partnering again with YPB by Abercrombie for a summer on the move. And when it comes to activewear, I consider myself the true professional. I'm obsessed with the YPB matching sets and dresses. The studio Flex fabric is buttery, soft and always comfortable. Whether I'm in workout mode or mom mode. This summer, shop YPB by Abercrombie in the app, online and in stores. Protein packed meals in 10 minutes. TikTok's got millions of them. Could you whip one up in under eight? Probably. But hey, it's not a race. Grab the recipes on Tick Tock and start cooking. Hello everyone and welcome to the Jeffrey Epstein Show. I'm your host Bobby Capucci and this is a morning update. Hey, what's up everybody and welcome to the program. Today we're gonna talk about another one of these fantastic, top notch members of academia and how their relationship with Jeffrey Epstein was, you know, just, it was okay, it was no big deal. I mean, according to them, their relationship with Jeffrey Epstein was just purely business and they had no idea what sort of man he was, even though that he was arrested for crimes, even though he was in the news all the time for crimes allegedly committed. These people, the smartest amongst us supposedly now remember follow the science, right? So we're following these people. When they say follow the science, I mean that's a pretty vague statement to make, especially considering everything we know about these people at this point. So people like Martin Nowak and Marvin Minsky and Joy Ito and the rest of these members of academia that had their hand in Jeffrey Epstein's pocket, well, there should be more punishment coming towards them besides just being sanctioned. Martin Nowak should be removed from his positions, not just sanctioned. And until these universities get on board and until these universities start doing the right thing when it comes to these kinds of people, then this thing, this kind of thing is going to keep happening over and over and over again because like we discuss all the time when there is no real punishment, then what sort of deterrent is there to stop people from doing this? You don't lose your job. Oh, I'll get sanctioned, Big deal. I mean, come on, big effin deal. Did he lose tenure? Did he get, you know, kicked off campus forever? Nope, none of that. So when we talk about these people from academia, I am always ready to vomit at this point because these higher institutions, these so called elite institutions, they have a whole lot to answer for. And the way they conduct themselves is an embarrassment. And it should be brought to light and it should be discussed more on a wider level. Because how are these universities going to charge so much money for courses at their school while at the same time giving somebody like Jeffrey Epstein an office on campus with access to these kids? And I know they're over 18. I'm not talking about kids as in, you know, little kids, but I'm talking about young people who can easily be molded or who could easily be impressed by a man like Jeffrey Epstein's wealth and connections and find themselves very quickly in a position they probably shouldn't be in. So it's up to the university to have those safeguards in place to make sure that people like Jeffrey Epstein aren't lurking around the campus at a place like Harvard. I mean, is that too much to ask from the university, from, from them on, on their end to do a better job of safeguarding the, the people that are on that campus? It's, it's really one of the basic tenets of, of a campus, right? Make sure people are safe. And how can you promote and say that you're making the campus safe while at the same time having somebody like Jeffrey Epstein have an office on that same very campus? Today we have an article from Harvard Magazine and the headline is Martin Nowak Sanctioned for Jeffrey Epstein Involvement. The article was authored by. Man, I'm gonna, I'm gonna mangle this name. I am truly sorry. Lydial Gibson. Lydial Gibson. L Y D I A L Y L E Gibson. Sorry about mangling your name. I am absolutely terrible at that, as the listeners can all attest. All right, so onto the article. In an email sent this afternoon to faculty members, graduate students and postdoctoral fellows in the Department of Mathematics and Organism, Organismic and Evolutionary Biology and the Program for Evolutionary Dynamics for Faculty of Arts and Scientists, Sciences Dean Claudine Gay announced disciplinary actions against Martin Nowak. Oh well, bout time you see all those fancy different types of sciences. I was just talking about stuff you could hardly even frickin pronounce, right? And this guy, one of the biggest members in all of these disciplines, right? We're talking about a serious, serious scientist here and we're talking about somebody who had a serious connection to Jeffrey Epstein. So while the sanctioning is all fine and well, and I think it's a decent point to start at, I think a much more important message could be sent by actually firing these people that were involved with Epstein. You know, you, there's no reason there's no self responsibility for these people. They get caught with their hand in the cookie jar, they get a little spanking, and then in a couple years from now, they have all of their positions back in the board, they have all of their different teaching positions back, and it's like none of it ever happened until they're in bed with the next scumbag who rolls around with a bag full of money. Professor of mathematics and biology Martin Nowak, stemming from his connections to sex offender Jeffrey Epstein. Those connections were spelled out in a 2020 report. Between 1998 and 2008, Epstein made gifts of $6.5 million to the program for Evolutionary Dynamics, which was run by NOWAC. So in that span of 10 years, Epstein dropped six and a half million dollars in Nowak's lab for the lab, for, you know, the other. The other projects that he's working on. And while it's all fine and well for one of these scientists to try and bring money in for their programs, right, for their projects, they have to be responsible ultimately for who they're getting in bed with. They can't let the allure of money drop a hood over their eyes, so they don't know who they're dealing with. And then when the chickens come home to roost, they can't say, well, I had no idea. Since when is ignorance a proper defense in the eyes of the law? So I think that while it's a decent step, right, a very small minute step to, to sanction this man, there needs to be much more stringent punishment when these sorts of behaviors are engaged in. That figure made up the largest share of the 9.1 million in total gifts that Epstein donated to the university during that period. So Epstein donated $9.1 million in total gifts from 98 to 2008, according to their using air quotes here, official records. Right. And that means that there were. There was still 2.6 million that was donated elsewhere. So Epstein was spreading the dough around. Right. Remember in Married With Children, when Al Bundy would get paid and he'd sit on the couch and he'd just start passing the money out to all the family members, you know, Kelly and Buck and Bud the dog, even Buck would get something and then the wife would get some money and he'd be left with nothing. That's how it was with Epstein with these scientists at Harvard. He'd just be sitting there and he'd be passing out the dough. Following a thorough review by the FAS in which Professor Nowak had the opportunity to participate, Gay Wrote, Professor Nowak's actions were found to have violated several FAS and Harvard policies, including professional conduct, campus access, and guidelines for responding to requests for endorsements. That all sounds pretty damning, right? It all sounds like if under normal circumstances, at a normal job, and, you know, a normal industry, you'd lose your job over that, right? Those are serious discretions. I mean, we're not. We're not talking about just a couple of little things here. We're talking about professional conduct out the window. Campus access. Well, that too. Guidelines for responding to requests for endorsements. Yeah, you can notch that one off. That's probably the least amount of ridiculousness of those of the things mentioned. But campus access and the professional conduct alone should be enough to get rid of this guy. Any teacher who gives a sex offender access to the campus, it probably should get fired. And I know Nowak will say, oh, I had no idea who he was. Are you. This is insane. I had no clue. Stop it. Okay? Stop it. In her email, Gay announced that the Program for Evolutionary Dynamics would be shut down and that Nowak would no longer hold an appointment in the Department of Organismic and Evolutionary Biology. Wow. Sounds great, right? We're making some big steps, right? Definitely making some big steps. But wait, there's more. Updated March 25 at 12:55pm A spokesperson for FAS has clarified earlier information provided by the spokesperson to reporters. Nowak will continue to hold appointments in both departments. Oh, isn't that nice? What? You thought that this story had a happy ending at this point for these no ACT types actually facing some sort of discipline? I'm sorry, folks, that is not the case. So once again, what we see here are these trustees and the board members rallying around the wagon, right? Protecting their little buddy Nowak and doing the bare minimum to make it look like they're standing up and saying, hey, look at me. I'm doing something. I'm making a difference. That's what they're. That's what they're looking to do. Save face. They're looking to refurbish the facade, but it's not going to work, unfortunately for them. It's. It's pretty disgusting to think that Harvard would not really drop the hammer on somebody like this. And it just goes to show you what the culture at Harvard is promoting. He will remain on the faculty of the Mathematics department, but Gay listed two year limits that would be placed on his advising and research activities there. Oh, two year limits. Oh, wow. Mr. Nowak's really. He's really getting the business I mean, really, Really. I mean, this is what the, the trustees and the board members think is, is proper penalties for this sort of behavior. I don't. I don't understand. How are you going to even begin to try and explain to me and tell me and lay out a narrative to me that you want me to believe that this guy should still be working at Harvard? He shouldn't be working at a community college at this point. I don't care how smart he is. All right? What, that's supposed to be a shield? Guess what, man? Actions have consequences. Professor Nowak will not be eligible to serve as a principal investigator on any new grants or contracts and will be able to serve with a CO PI only on already existing grants. Why? He shouldn't be able to serve as a PI at all. He should be completely cut out. Completely, completely cut out. If he's not going to be fired because of whatever ridiculousness they have going on within the higher education system, then he should be a Persona non grata on campus. Everyone should shun him. Professor Nowak will not be allowed to take new postdoctoral fellows or other researchers under his supervision. Well, that's good. Probably not a good idea to, you know, have these youngsters hanging out with a guy who exhibited such bad judgment to hang out with Epstein and take money from Epstein. The question has to be asked, who else is this guy taking money from or has taken money from in the past? And that goes for all of these scientists as well. Professor Nowak's current graduate student advisees will be co advised with another faculty member from an FAS department. And he is not allowed to take on new graduate students. This is all just like side dressing, right? This is just, okay, that's all fine and well, but it's more of, look at us, we're doing something, we're trying to make a difference, when in reality, they should be putting much more stringent methods in place. They should be putting much more. Much more deterrent, Right? They want a bigger deterrent is what you want. And until these people go to jail or until they're really shown that this sort of behavior is unacceptable, then they're going to continue to do it. And again, I'm not just talking about Martin Nowak here, right? I mean, he's one of many. He just happens to be the person in this, this discussion right now. But there are plenty of people like Martin Nowak out there, plenty of these professors, and the whole entire system and the whole entire way these guys go about raising money is broken. And there needs to be some sort of stringent regulation of this industry as well. At the end of his two year period, at the end of this two year period, Gay will decide whether to restore some or all of the above privileges. So basically what's happening is Gay gave him a little shot to the ribs, right, and said, hey, you know, you're gonna have to suffer a little bit, so we save a little face. But in a couple of years from now, don't worry, we're gonna revisit this. I'm gonna go back with the red pen, and I'm gonna fix all of this, and you're gonna be right back in business. Martin Nowak, we need you on property. You're so much smarter than everybody else. This is how absurd it is. Imagine, imagine at any other regular job, your boss coming to you and saying, look, we're gonna sanction you. You're not gonna be able to eat in the galley for two years. You're not coming to the company party for two years, but you still got your job. It's done. It's so out of the realm of reality. The way that these people function and the way that the rest of us function, operating in a manner consistent with our policies, norms, and standards, is one of the fundamental obligations which we must each fulfill as members of the faculty. Well, yeah, that's pretty fair statement. Unfortunately, you guys have shown a pattern and behavior that doesn't exactly fall in line with that. Plenty of scumbaggery occurring at Harvard, unfortunately. And it's sad, too, because when I was younger, you know, growing up before I even, Even when I was a grown man, before I really started researching this case, I always held Harvard up the standard, right? Man, that's a good kind of university. You want to go to that university, get a degree there, you know, it's the top of the top of the mountain. But now every time I even see the. The crimson colors of Harvard, I want to vomit. And it's not like the rest of the Ivy League schools are any better either, unfortunately. Gay wrote, adding that the sanctions against NOAC are proportionate to the severity of the behavior observed and seek to uphold and further our shared community standards while keeping the way open to productivity and improvement. Well, a bit of improvement would be him getting fired and you, Claudine Gay, reevaluating your decisions here. Because, I mean, is anyone thinking that these are the types of punishments where it's going to deter people in the future? And when you're rendering punishment, shouldn't that be one of the facets of it so that moving forward that this does not occur again. Unfortunately, in my opinion anyway, Harvard is white gloving the situation once again. If you'd like to contact me, you can do that@bobbycapucciorotonmail.com that's B O B B Y C A P U C c I@protonmail.com youm can also find me on Twitter Bobby Capucci. All of the links that go with this episode you can be found in the description box. To everybody who has donated to the podcast recently and in the past. Thank you folks so much. All right everybody, I'll be back later on and we will pick up where we left off. Our article today is from the Harvard Crimson and the author is Guillermo S. Hava. Tax Avoidance 101 with Leon Black and Jeffrey Epstein. Now, I think it's a solid move that Harvard is covering this the way they are, right? The Crimson has been pretty decent throughout this. They've covered the Leon Black stuff, the stuff with Harvard. Right. The, the Jeffrey Epstein stuff with Harvard. So the, the Crimson here is doing a decent job covering it. And I can only imagine the minefield that they have to navigate to get this story out. I mean, we're dealing with some of the most powerful people in academia, nevermind just Harvard, right? So reporting on them for someone like this can't be comfortable. So props to Guillermo for getting that story out there. At first glance, Leon D. Black seems like the ideal university donor. A poster boy for billionaire philanthropy. In 1990 he co founded Apollo Global Management, a now colossal private equity firm. Black's subsequent fortune allowed him to become a productive charitable member of elite society, a patron of the arts, both as Museum of Modern Art chairman and as a private collector. Best known for purchasing one of the four original versions of the screaming for just under $120 million at a South Bees auction. So right off the bat, we get the profile of someone who is extremely wealthy. I mean, extremely wealthy. Right. $120 million painting from South Beast, really the Scream. And I find that ironic as well because you know what that, that painting looks like, right? It's pretty iconic. The screen. Sure. That's what Leon Black's face looks like when he got those subpoenas and he found out that he was in hot water here, that he wasn't going to avoid being caught up in this entanglement. I'm sure his face mimicked what that picture looks like in the Scream. Now the fact that he's still the chairman at MoMA is a travesty. MoMA should be better, they should do better. And they should demand that Leon Black steps down. And if he doesn't step down, they should remove him as a board and as a group. Because, folks, it is not a good look. Not a good look at all. And it just goes again to show you that the art world, the world of academia, the world of modeling, all of these people, the whole entire structure seems to be rotten at its core of all of those industries. And they're gonna have a reckoning at some point. And I think that reckoning is right down the pipe. A successful alumnus of the Harvard Business School, Black has also become a prominent supporter of our university and its intellectual mission. He and his family foundation have pledged almost $20 million to Harvard and its various schools, including a $7.5 million contribution to create student fellowships for US military Kennedy School of Government, where he, coincidentally enough, also serves as a member of the leadership council. Now think about that for a minute, okay? Leon Black's ass is a member of the council of the Kennedy School of Government at Harvard. Now where do you think all of these politicians that you love and cheer for are going to school? You don't think people like Leon Black have their ear right away? You don't think big lobbyists like Leon Black are in a dark, fantastic position when they're members of boards such as these? When the movers and shakers of tomorrow are within their hands now to mold. Come on, folks, this is all a hustle. It is all a scam. And people like Leon Black put themselves in these positions so that they can mold the future leaders of tomorrow. And that's why I say all the time, we gotta change the game. Let's shake it up. You don't need to go to Harvard to be a politician. You don't need to go to Yale to be a politician. You need to have some goddamn common sense. That's what you need to have. And guess what? A moral compass that is not broke. How about we get some politicians that make the pledge? I will go to Congress and I will serve one term as a congressman or congresswoman. And then if I, after that term is over, I will try. If I want to keep going, I will serve one term as a senator. And then if that wants to, once that's done and you want to go back to your home state and be a politician there, fine. But on the federal level, every one of these politicians should commit to one or two terms at the most. Besides that, what we have is a bureaucracy filled with Harvard trained scumbags who Are corrupted from the very beginning by people like Leon Black. Yet his munch buying luck has been down as of late. In October, a New York Times expose revealed extensive ties between Black and another New York financier, pedophile convicted sex offender Jeffrey Epstein. Back in 2019, Black had dismissed the allegations of criminal Epstein connections and the tsunami of coverage as the gift that never stops giving. It's salacious. It involves elements of politics, of metoo, of rich and powerful people. All right, translation. Woe is me. Woe is me. There's nothing here. All this is is because we're rich and we're powerful. This is just salacious. Salacious. It's the gift that never stops giving. Yeah, well, guess what? If you didn't help refurbish your buddy Jeffrey Epstein's image and you didn't help him financially, then maybe it wouldn't be the gift that continued to give. Guess who it wasn't a gift for, though? Leon Black. The survivors. You bitch ass punk. But the tsunami led to reckoning, as they usually do. An internal review commissioned by Apollo emphasized that there was no evidence that Black had been involved in any criminal activity, but revealed that he had paid Epstein almost $160 million over five years for advice on a variety of tax and philanthropy issues. It was damning enough to cost Black his job as chief executive officer of his own firm. Uh, yeah, no shit. It should be damning enough to have anybody who is associated with him running for the hills. There is no explanation that you or anyone on this planet can give me that I will accept about Leon Black's relationship with Jeffrey Epstein. It's not purely business. Okay? And if it is, what sort of criminal activity is Jeffrey Epstein engaging or was engaging in to try and help Leon Black hide this money? You don't pay $158 million for advice on charitable giving. Not when you're surrounded by so many rich and powerful and smart people like Leon Black was. You mean to tell me all those people at Apollo weren't hip? They couldn't have given him good advice? He had to go off the reservation and go get this yahoo. Stop it. Who's believing that now? The contents and the character of the review conducted by Wall street law firm Deckard llp could fill up an entire column, if not a series. There's for example, the fact that the chairman of the supposedly independent committee overseeing the probe had eyebrow raising ties to Apollo itself only five years ago. Remember when I talk, when I was talking about this, how there's no such thing as These companies not being connected, these law firms not being connected to people on Wall Street. Deckard's in the bag, bro, for Leon Black. Leon Black is so powerful. I don't. You know, I. If you don't understand how the financial game works and how the financial sector works, then you don't understand the true power of somebody like Leon Black and why it's so extraordinary that were tanned as hide like this. We don't get chances to get to nail people like this very often, folks. Not very often at all. And Deckard is very hip to the fact that Leon Black is very powerful. So when they're doing this investigation, they're treading lightly because, well, they're hedging their bets. They don't want to take the chance of voting Leon Black into the challenge, to use an MTV analogy, and having him come back, right? So they're hedging their bets. The skepticism of several industry insiders about the veracity of the report, or even Deckard's own admission that it was aided in its probe by a former Apollo outside legal counselor, Paul Weiss, who had helped vet Epstein's advice to Black in the past. Whatever happened to conflicts of interest? Yeah, I agree there, Guillermo. What the hell ever happened to that, huh? Don't you think that's a little bit fishy that they would go and use Paul Weiss, who used to be outside legal counselor for Apollo, to help them conduct this investigation? I mean, here's an idea. You really want to be independent, farm that shit out to somebody out of town, that you have no idea who they are, and they have no connections to you, your company besides that. This is all song and dance and theater. Guess what? We see right through it. Bloch's connections to Epstein, particularly as they relate to our university, where several professors enjoyed an unexpected windfall as a result of an Epstein mediated introduction with Black, are hardly a settled matter. That's damn sure the case. And again, that is why I had Dr. Stephen Delay on here to talk about things from an insider's perspective within the structure of academia. And we're not talking about at a community college. We're talking about Oxford, folks, okay? An elite university filled with people just like this, the movers and shakers of tomorrow. But yet there is still a shroud of secrecy, still a curtain that needs to be pulled back further so that we can examine the contents of the room in the light. Because a reckoning is coming for academia, mark my words. But let's for a change, assume the best we know at this point that that's how our own institution is dealing with such allegations. Assume that Black really had no unseemly ties to Epstein, that their relationship was based entirely on professional convenience and financial advantage. All right, I'm trying to look at it in that light, but boy, it's hard with everything we know, right? It's hard to suspend all of the information that we have compiled. Lets look beyond the ties themselves and zero into their presumed origin. We might find a less salacious but more meaningful tale. A story of wealthy philanthropists and the broken tax code that makes them. Well, that's definitely part of this for me. And it doesn't make him any less complicit, right? If he was using Epstein, a known sex trafficker, a known human trafficker, to try and skim money from the government and from society itself, boy, oh boy, that is just as big of a problem. And he should be going to prison for that as well. According to the Deckard report, Epstein offered his most valuable piece of work to Black in 2012, paving the way for the sex offender to gain substantial monetary and personal access to one of New York's finance's most powerful people. And there's zero doubt about that. Leon Black. I know I said this a little bit ago, but he is your, your prototypical kingmaker. He is the guy that makes big decisions. You know, I talk about Bobby Axelrod from the show Billions, and that's the kind of guy Leon Black is, right? Not as cool, certainly not as cool, certainly not as hip, and definitely not as much of a break your face kind of dude, but the same kind of try and destroy everybody around me to consolidate my power type of guy. Zero doubt about that. And Leon Black has made a career out of enriching himself on the back of struggling and failing companies. He is a financial predator, folks. Point blank, period. The work itself was some financial advice related to how best manage Black's Grantor Retained Annuity Trust, or GRAT for short. Epstein's advice reportedly saved Black as much as 1 billion or more in tax liabilities. And again, as much as I hate Jeffrey Epstein and Leon Black and the whole entire way this, this scammed system is set up, we have to go to the source of the problem. And the source of the problem is in Washington D.C. with the people we elect. Remember I just talked about all those people, the movers and shakers of tomorrow, who are on the Harvard board, who go to Harvard and they're, they're dealing with people like Leon Black on a regular basis before they get into politics. You Know when they're being molded. Yeah. Well, here's the problem rearing its ugly head, right? Why would those people being molded by people like Leon Black when they're in school and younger at these so called high power profile institutions? Why would they write laws when they become lawmakers that would screw their mentors and their bagmen? Well, they wouldn't, okay? Because it's a parasitic relationship. Black's astronomical savings, almost enough to, for example, quadruple federal funding for historically black colleges and universities. Let that sit in for, let that, let that soak for a minute, okay? His savings were enough to fund the historically black colleges and universities. That's the kind of tax game this son of a bitch was playing. That's the sort of scam he was running on the American people. And once again, coup suffers. Imagine if he would have to pay taxes on that. It would account for roughly one eighth of Black's current estimated net worth. It embodies the kind of perfectly legal, deeply impactful tax avoidance that's popular among the ultra wealthy, including a certain former president, and that deepens economic inequality and mistrust in the fairness of our institutions. Oh, what, we're gonna, we're gonna act like Trump's the only one playing this game? I wonder how much the Clinton foundation has buried offshore. I wonder how much all these ex presidents. I wonder how much George Bush has buried offshore. Give me a break. They're all corrupt folks. Okay? Guess what? I know this is going to shake a lot of people at their core. I know a lot of people don't want to hear this, all right? Everybody wants to think that their person is the good guy in this story. Breaking news. None of these politicians are the good guy. They're all gray characters at best. So what are gratts anyway? I exchanged emails with Harvard law professor Robert H. Sitkoff to get a better understanding of how the technique popularized by Harvard graduate Richard Covey of class of 1950 actually works. You see what I'm talking about with Harvard folks? Every time you turn around, it's someone who went to Harvard that's screwing the rest of us. I have had my fill of Harvard University. Sitkoff described Gratz as a normal and customary estate planning tool to minimize transfer taxes and agreed that minimizing tax liabilities, namely transfer taxation, was their primary purpose. Let me translate. Just another tool for the rich to use to keep their money while you and I are just struggling to make our rent, to make sure we're not in default to make our car payments. These guys on the other hand, now we'll just move a little money around. We'll shove some money here, shove some money there, pay some fees on it, and then act like we're doing real business. Meanwhile, it's all a scam. Meanwhile, these dudes are more corrupt than John Gotti and the Gambinos could have ever been. A GRAT is an irrevocable trust to which the donor conveys property and that provides for a term of annuity payments from the trust to the donor. Sitkoff explained. To oversimplify a complex evasion mechanism from which few readers are likely to benefit, an individual can create a trust and receive payments from it for a given amount of time, after which the remaining contents of the trust go to the assigned beneficiary. Sounds good so far, right? Especially if you're involved in the scam, which I know most of us certainly aren't. Such gifts would usually be taxed under the aptly named gift tax. But under a grat, the fiscal liability becomes more complicated. The gift tax is applied upon the creation of the grat, but is calculated under the erroneous assumption that the property within it will increase in value at the now historically low federally established rate, even if it turns out to do so at a substantially higher pace and is not applied to the sum of the annuity payments taken out of the trust. Let me put that into layman's terms. We're all getting hosed, okay? These people are able to use the historically low rate that was current at the time when this law was passed. Now for their hustle, as I. As I like to call it, the grad hustle. You and I aren't able to do that. And that's how it's all set up. You know, I talk about the two tiered justice system. There certainly is a multi tiered financial system as well. Combine that underestimated future value with exempt annuity payments and you have what on paper seems like a small or inexistent gift liable to little taxation even as you transfer substantial wealth to a second party. So again, goes back to the government officials, the law. You mean to tell me that we can't update this law, a law that's been on the books since like the 60s or some wild shit? Come on, guys, give me a break. They don't update it because they don't want to update it now, though. Guess what? I don't want to hear nothing, okay? The Democrats own all three chambers. It's put up or shut up time, all right? Because the days of Bullshitting us and saying you're gonna get things done and then not doing it. Those days are over because we're watching now. We're paying attention. So black. So back to black. A Harvard graduate pioneers a complex system to avoid millions in taxation. A New York billionaire uses the same technique on advice from Epstein and invests a fraction of his newly engorged wealth donating to Epstein link professors and setting up a fellowship program named after himself. Nothing to see here, folks. There's nothing untowards going on here. This isn't a hustle, this isn't an absolute scam. Epstein isn't spraying some money around the campuses with other purposes in mind. Society has cheated out of hundreds of millions in revenue the kind of funds that could go a very long way towards setting up universal preschool federally. And Harvard gets a permanent tie to a now tainted mogul. You know, this is real money. I talk about it all the time. Everyone says, oh, we don't have the money to do this, we don't have the money to do that. Oh, we have the money folks, all right. We have the money. We don't spend it correctly and we don't appropriate it properly. How much money has been spent on the needless war in Iraq and Afghanistan? Trillions. Now think about if we would have put those trillions, all of them, into the infrastructure of this country. Think about how much better everybody's lives would be. They don't want that. If your life is better, well they, you don't need them then. You don't need the government to come in and save you. You don't need the government to provide everything for you because society is functioning correctly. So that takes their power away, their power over you away. And they can't have it. Harvard's desire for donations is more than understandable. It is the base of our exceptional financial aid program, arguably one of the reasons why Harvard, unlike other schools, can offer need blind admissions even to international applicants. We all love the generous fellowships and excellent infrastructure that tax avoiding pseudo philanthropists have provided us. Well, here's an idea. How about we just, you know, make tuition affordable? There's a really good idea. This, this whole industry of paying hundreds and hundreds of thousands of dollars to go to Harvard to be taught by these scumbags. I just don't, I don't see bang for your buck there. I certainly wouldn't be sending my kid to Harvard, that's for sure. But our institution and its counterparts are trapped in a gold plated version of the prisoner's dilemma. Harvard, along with MoMA and other black finance enterprises could benefit from the increased levels of federal funding afforded by equitable grip free taxation. More crucially, they have or perhaps should have a duty as society minded institutions to protect the public's well being against the excesses of exorbitant inequality. Yes, for sure. And you know, people throw that word around a lot, right? Inequality this and inequality that. What we're talking about here is all of that quantified to such a level that it'll make your head spin. The people we're dealing with here have more money and more power than anyone you could possibly imagine. And that is not hyperbole because we are all competing for the very same handful of billionaire donors. We also have an incentive to simply follow the money to create pretentiously named leadership councils that reward financial support and offer donation options that emphasize tax breaks and financial rewards. This twisted game theory dilemma might explain why our university's split with Epstein was half hearted at best, and why it doesn't seem to be seriously re examining its ties to Black amidst broad backlash even after he subverted the spirit of our gift policy by facilitating funds to Epstein proteges after his conviction. A spokesperson for the Kennedy School of Government didn't immediately reply to a request for comment for this article. And again, it's chilling. I don't know how much more I can focus on the fact that the Kennedy School of Government is one of the biggest breeding grounds for the leaders of tomorrow and they're being corrupted right from the jump. They're being corrupted by these people, these Epstein types. Do you really think that Jeffrey Epstein didn't know what he was doing? Do you think that he was just donating money randomly? There is a method and a madness to everything Epstein did, and that is one thing we have certainly proven throughout this whole entire escapade. But as in the Prisoner's Dilemma, the incentive to reject donations on the grounds of unmet tax responsibilities is low. If Black doesn't donate to our school, he can simply take his money elsewhere. There isn't exactly a shortage of institutions eager to accept seven figure contributions. So we find ourselves in an ethically gray no man's land, unable or unwilling to forcefully oppose the undermining of the social goals that we value perpetually pursuing the ultra wealthy so they can redirect their fortune to our own community. We become the silent beneficiaries of an unfair elite before we have even groomed its next generation. And Harvard remains intimately intertwined with Gratz, Griffs and Leon Black folks. It's great to see that Guillermo Hava, the associate editorial editor of the Harvard Crimson is talking about Gratz because this isn't something people are talking about in this case. Everybody wants the more salacious details. Nobody wants to get down and grind numbers. Well guess what? I have my number counting hat on and I'm here to grind the numbers. I'm here to dig in to Jeffrey Epstein's financial ties and we're gonna keep on going and we're gonna keep on digging until all of this makes sense. If you'd like to contact me you can do that@bobby capuchirotonmail.com that's B O B B Y C A P U c c I. @protonmail.com you can also find me on Twitter Bobby Capucci. All of the links that go with this episode can be found in the description box. Alright folks, I will be back later on and we will pick up where we left off.