The Emails That Map How Epstein Stayed Inside Elite Financial Circles

Summary

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The Epstein Chronicles

Episode: The Emails That Map How Epstein Stayed Inside Elite Financial Circles

Host: Bobby Capucci
Date: May 6, 2026

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Episode Overview

This episode dives deep into how Jeffrey Epstein maintained his position and influence among the world's financial elite, particularly after his crimes were known. Using a recent Bloomberg investigation that unpacked over 18,000 emails from Epstein's private account, host Bobby Capucci unpacks how Wall Street financiers, hedge funds, banks, and billionaires knowingly sustained Epstein’s wealth, legitimacy, and connections—despite red flag after red flag. Capucci’s tone is blunt and critical, calling out both Wall Street and political elites for their complicity and refusal to face accountability.

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Key Discussion Points & Insights

Institutional Complicity and Moral Numbness ([01:41])

• Systemic Protection: Capucci begins by outlining how elite financial institutions not only worked with Epstein but actively protected and insulated him. Banks "don't just hold money. They legitimize people...Epstein was never treated like a liability. He was handled, managed, tolerated, and ultimately preserved."
• Different Set of Rules: Ordinary customers got accounts frozen for less, but when it came to Epstein, scrutiny turned to patience: "Risk becomes something to monitor instead of eliminate."
• Enforcement Hierarchy: There weren’t absent rules, but different enforcement depending on clients’ wealth. Internal problems were endlessly shuffled between departments, allowing everyone to deny direct responsibility.
• Profit over Consequences: Capucci decries the industry’s prioritization of profit over ethical consequences: “The system isn't built to ask whether harm is being done. It asks whether the relationship is still manageable.”

🔹 Memorable Quote:

“Each approval, each exception, each quietly filed report that went nowhere added another layer of insulation. That insulation didn’t just protect his finances. It protected his standing.” – Bobby Capucci (02:30)

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Chronicling the Emails: Epstein’s Ongoing Access ([04:25])

• Context of the Emails: Bloomberg obtained 18,000+ emails showing the depth and breadth of Epstein’s financial access—contacts at hedge funds, banks, and investment firms, even after allegations/convictions.
• Renaissance Technologies Investment: In 2006, right after Epstein was charged for soliciting prostitution, a Smith Barney wealth manager, Greg Hirsch, urged Epstein to invest in Renaissance Technologies via Citigroup’s feeder fund. Epstein’s reply: “Let’s do it. 1,000,000 FTC.” (04:50)
• Business as Usual: Even when newspapers ran editorials highlighting Epstein’s crimes, Wall Street facilitated his investments: “Go ahead. Fine.” – Epstein approving the details (06:00)
• Excuses of Ignorance Debunked: Capucci dismisses claims from financiers that they were ignorant of Epstein’s background, especially post-conviction, saying, “the whole narrative they had no idea and everybody was just blind to the fact that Epstein was a monster just doesn't work.”

🔹 Memorable Quote:

“You can get away with anything else...but if you’re broke, forget it.” – Bobby Capucci (06:21)

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The Financial Sector’s Role in Systemic Abuse ([08:00])

• Wider Involvement: Capucci points out the cast of top firms and individuals: J.P. Morgan, Citigroup, Bear Stearns, Carl Icahn, and even figures like Les Wexner and Leon Black.
• Turning a Blind Eye: There was ongoing business while crimes were public and political pressure was mounting. Congressional investigators are even now (2026) probing these banks' relationships with Epstein.
• Financial Sector: The Real Boogeyman: Capucci argues the true villains of modern history lie in finance: “Every single war, every single bit of heartache, all rests at the feet of the financial sector.” (09:30)

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Epstein’s Manipulation and Ruthlessness ([11:00])

• Aggressive Tactics: The emails reveal Epstein was relentless and “brash”, willing to twist arms—even threatening lawsuits and leveraging high-powered lawyers if his investments tanked or others crossed him.
• Bear Stearns Fallout: After Bear Stearns hedge funds collapsed, Epstein played both sides—organizing investor uprisings, then flipping sides and sharing their secrets with Bear CEO Jimmy Cayne.
• Playing the Victim: When Bear eventually fell, Epstein drafted a lawsuit claiming he had been “fraudulently induced” and sought $70+ million in damages, painting himself as the victim of Wall Street deception.
• Pattern of Denial: Capucci mocks the financial sector’s public response: “Once they get nailed...one of their favorite moves is to act like...they were defrauded...just coincidentally, it only came out after we learned about what Epstein was up to.” (23:00)

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Connections with Power Players and Money Laundering ([15:22], [24:00], [32:08])

• Fluid Finances, Murky Oversight: Epstein’s emails show frequent confusion (sometimes deliberate) over which investments belonged to him or his billionaire clients (e.g., Les Wexner). Capucci characterizes these as classic laundering patterns.
• Exclusive Deals: Emails from Merrill Lynch, Morgan Stanley, and others demonstrate that Epstein and his clients were included in “billion-dollar only” investments—accessible only to the very top of the elite (27:00).
• Pressure on Advisors: Some advisors expressed disquiet over Epstein’s requests, fearing regulatory repercussions if they complied.
• Leon Black and L Brands: Emails reveal Epstein's role as something more than a money manager to Black and Wexner—he dictated family office decisions, hiring, purchases, asset management, and exercised intimidating control.

🔹 Memorable Quotes:

“Epstein was like Thomas Cromwell in Henry VIII’s ear.” – Bobby Capucci (32:15)
“If he could find a better deal, he would.” – Bobby Capucci on Epstein flipping sides (21:10)

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Government and Intelligence Connections ([12:50])

• Theory of ‘Flipping’: Capucci speculates that when Epstein left Bear Stearns under suspicious circumstances, this was the moment he was “flipped” by the FBI and possibly later operated with CIA and Mossad knowledge.
• International Deals: Shows how Epstein operated as an international “consigliere” for various billionaires and even worked with Israeli elites, such as Ehud Barak’s wife, to broker power and influence.

🔹 Memorable Quote:

“You don’t get to operate the way Epstein did for all these years with impunity, because you’re just some disgusting man with proclivities and a couple of bucks. That’s not how it works.” – Bobby Capucci (11:35)

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Why Wasn’t There a Real Investigation or Accountability? ([17:00], [24:55], [34:00])

• RICO Charges Never Used: Capucci argues the investigation was always deliberately narrow, never targeting Epstein’s network as an organized criminal enterprise (RICO).
• Power and Influence Blocked Justice: The repeated non-answers or refusals to comment from banks, investors, and politicians are highlighted as evidence that “the fix is in.”
• Systemic Failure by Design: "He wasn’t invisible...he was carried, propped up by institutions that knew how to keep things moving quietly, efficiently, and without friction."

🔹 Memorable Quote:

“Epstein didn’t beat the system. He used it. And the system didn’t lose control. It just made a choice.” – Bobby Capucci (34:10)

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Timestamps for Important Segments

• 01:41 – Institutional Complicity and Epistemic Immunity
• 04:25 – The Renaissance Technologies Investment
• 08:00 – Wall Street and the True Scope of the Problem
• 11:00 – Epstein’s Ruthless Playbook
• 15:22 – Epstein’s Ties to Bear Stearns and Wexner
• 21:10 – Epstein Flipping Sides and Betraying Investors
• 23:00 – Drafted Lawsuit and Playing the Victim
• 24:55 – Lack of Real Investigation/RICO Case
• 27:00 – Billionaires’ Club Investments
• 32:08 – Epstein’s Power over Leon Black and Wexner’s Affairs
• 34:10 – Concluding Thoughts on Systemic Corruption

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Notable Quotes

• “Banks don’t just hold money. They legitimize people. They decide who gets access and who gets treated like a liability. Epstein was never treated like a liability.” — Bobby Capucci (01:55)
• “You can get away with anything else. You can be as big of a scumbag as the scumbags come, but if you’re broke, forget it.” — Bobby Capucci (06:21)
• "Every single war, every single bit of heartache, all rests at the feet of the financial sector." — Bobby Capucci (09:30)
• "You don’t get to operate the way Epstein did for all these years with impunity...That’s not how it works." — Bobby Capucci (11:35)
• “The only explanation is that the fix is in.” — Bobby Capucci (24:55)
• “He wasn’t invisible. He wasn’t untouchable by accident. He was carried, propped up by institutions that knew how to keep things moving quietly, efficiently, and without friction.” — Bobby Capucci (34:09)
• “Epstein didn’t beat the system. He used it. And the system didn’t lose control. It just made a choice.” — Bobby Capucci (34:10)

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Conclusion

Capucci’s review of newly revealed emails and Wall Street dealings stresses a disturbing, system-wide willingness among financial and political elites to look the other way—actively enabling Jeffrey Epstein’s criminal activities for years, even after the world knew. The episode pounds home the idea that Epstein was a product of a system functioning exactly as designed, and lasting accountability remains elusive because those with power continue to shield one another.

For further references and linked articles, see the episode description box.

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Transcript

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[Narrator - Epstein Chronicles Host]

keepsake what's up, everyone? And welcome to another episode of the Epstein Chronicles. Jeffrey Epstein didn't appear out of thin air. He was kept alive year after year. But a financial system that understood exactly what it was dealing with and chose to proceed anyway. There was no mystery about him inside of those institutions. His behavior set off the alarms. His accounts raised questions. His patterns didn't make sense unless you were willing to accept that something deeply wrong sat at the center of it all. And instead of stopping it, the machine adjusted around them. Banks don't just hold money. They legitimize people. They decide who gets access and who gets treated like a liability. Epstein was never treated like a liability. He was handled, managed, tolerated, and ultimately preserved. Each approval, each exception, each quietly filed report that went nowhere added another layer of insulation. That insulation didn't just protect his finances. It protected his standing. It allowed him to move through the elite spaces without being challenged. Because institutional acceptance carries its own form of silence. And make no mistake, there is a specific kind of moral numbness required to make that work. Ordinary customers get cut off without hesitation. Accounts are frozen for fractions of the activity Epstein generated as a matter of routine. But when the client is wealthy enough, scrutiny turns into patience. Risk becomes something to monitor instead of eliminate. The system isn't built to ask whether harm is being done. It asks whether the relationship is still manageable. And all of this didn't happen because there was an absence of rules. It was a hierarchy of enforcement. Epstein sat high enough that the usual consequences never reached them. Red flags became internal documents. Internal documents became someone else's problem. And the farther responsibility traveled, the easier it was for everyone involved to tell themselves that they weren't the one making the decision. By the time the public finally saw Epstein clearly, his longevity was already explained. He had survived not because the system failed to see him, but because it had learned how to live with him. And that was possible because financial credibility functioned as cover. Epstein was a criminal. The system that sustained him was operational. And that distinction matters because it means this wasn't an exception. It was a process working exactly the way it was designed to work. When profit outweighs consequence and silence is treated as a form of professionalism. Today we have an article from Bloomberg, and the headline How Epstein's Wall Street Contacts Helped Him Build wealth and Power. This article was authored by Max Abelson, Soraya Matu, Jason Leopold, Harry Wilson, and Jeff Kao. Just weeks after Jeffrey Epstein was charged with soliciting prostitution, he received a coveted invitation from a wealth manager. A shot at investing with the hedge fund Renaissance Technologies, whose reputation for success is almost mythical. It was August 2006, and newspapers were reporting accounts of Epstein paying teenagers for sex. A rising star at Smith Barney named Greg Hirsch wrote an email to Epstein's office. I would like to bring to Jeffrey's attention that Citigroup's feeder fund to Dr. James Simon's fund, Renaissance LLC, will be closing to new investors at the end of this month as it nears its limit of 499 investors. I feel it would be a mistake to not make this investment, wrote Hirsch, adding that it wasn't typically his style to give a hard sell. Epstein jumped his chief investment vehicle. The financial trust company was in for $1,000,000, he wrote. Let's do it. 1,000,000 FTC. And keep in mind, this was going on after Epstein was already convicted the first time around. So previous to that, you could at least try and make the case that, you know, you didn't have any idea who Epstein was or what he was doing. Not that anyone's going to buy it, but you could at least make that case after the fact. How could you try and explain this away? Oh, I didn't know what he was doing. I didn't know what was going on. Everybody knew, especially people that were in business with them. So the whole entire narrative that they had no idea and everybody was just blind to the fact that Epstein was a monster just doesn't work. And when we're talking about Wall street especially and the financial sector, they most certainly knew what they were getting into. They didn't care. Two days later, when the Palm Beach Post published an editorial about Epstein, he was over 50 and they were girls. His office received the investment details and fees. The exchange ended with Epstein's one word. Go ahead. Fine. Because, look, in this world, like I've told you for years now, there is only one crime, and that crime is being poor. You can get away with anything else. You can be as big of a scumbag as the scumbags come, but if you're broke, forget it. Hirsch, who now runs his own fund, said through a spokesperson that his interactions with Epstein were solely professional and ended in 2007, before Hirsch says he learned of Epstein's crimes. Representatives for Renaissance and Citigroup Inc. Which owned Smith Barney at the time, declined to comment. I'm sure they did. Nobody wants to step in it, and nobody wants to be the guy that, you know, comes forward and says, hey, this is what we were doing, because then the jig is up, right? So it's better for everybody if everybody just makes pretend nothing happened. Let's just be quiet about everything. Let's just make pretend everything's fine. And Jeffrey Epstein never existed. That's what the financial sector wants to do, and that's certainly what our politicians want to do as well. On Wall street, finding success takes a mix of ambition, skill, and luck. But turning a good run into a fortune and then power requires connections. A cache of more than 18,000 emails sent to and from Epstein's private Yahoo account, obtained by Bloomberg News earlier this year, shows the abundance of access he enjoyed across Wall street and how relentless he was at transforming it into wealth. And that was his skill. If this idiot had any skills at all, it was finagling people into believing that he was some kind of, you know, genius or financial wizard. When the Reality is he was none of it just a shyster, just a conniver, just a bullshit artist. Just a piece of shit. It's been well established that J.P. morgan Chase Co. And and other major banks worked with Epstein after he pleaded guilty in June 2008 to state level sex charges in Florida, including procurement of minors to engage in prostitution, and served about a year in jail. Congressional investigators are probing that business. And President Donald Trump, once friendly with Epstein, signed legislation last month compelling the Justice Department to release its files on him. And we're nine days away from that deadline coming into play, so we better start seeing some documents soon. The Yahoo email provides new details about Epstein as an investor and advisor, including how he leveraged influence when his bets lost money. They also show that Epstein ties on Wall street were broader than previously known, involving not just standard banking relationships, but some of the most sought after hedge funds. Not known to who? I've been telling you this for years. Everybody's out here chasing bullshit, salacious nonsense. But the real boogeyman is in the financial sector. And I don't think people truly understand that. These people have been fucking us forever. Every single war, every single bit of heartache, all rests at the feet of the financial sector. And yet a lot of people still don't understand the true scope of what we're dealing with. We're not dealing with this in a vacuum. This is how these people are. And if you think they give one God damn about you, your kids, your life, your future, your plans, any of it, they don't. What they care about is wealth and power. And if that means stepping over a million bodies, so be it. After stories of Epstein's teenage victims spilled into the open, Wall street continued to stay in touch. He had access to prestigious names in global finance, including Renaissance and the investment firm of billionaire Carl Icahn. And as Epstein was directing his high powered attorneys to pressure the government into offering him a light sentence, he threatened legal action against Bear Stearns and top executives for steep losses. This is a man who used to work for Bear Stearns, by the way. A man that was involved in all kinds of BS. And then this piece of in 2008, after the whole entire system tanked, ended up making like $200 million. I'm sure all of that was on the up and up too. The email cache doesn't solve a central Epstein enigma. How did a former math teacher without a college degree turn himself into a globetrotting money manager with his own island? But it shows Epstein's gamesmanship across Wall street, where he was chummy, aggressive and effective. He found the right doors to banks, billionaires and investments. When something went wrong, he had a playbook to handle it, often ruthlessly. Yeah, because that's what a lone wolf predator does, right? Give me a break. Anyone who still thinks this guy wasn't an asset and being run by the government in some capacity is crazy. You don't get to operate the way Epstein did for all these years with impunity, because you're just some disgusting man with proclivities with a couple of bucks. That's not how it works. How does a failed teacher at a high school end up becoming a power broker like Jeffrey Epstein if he has no backing? It just doesn't pass the sniff test. Right. When that high flying career was threatened by investigations, charges and convictions, not all of his elite connections shunned him. Instead, some helped him keep the money machine turning. Yeah, because they were profiting too. When everybody's profiting off the bullshit, they're much more inclined to help out. Epstein's first stint in finance ended terribly. In 1981, he left Bear Stearns with a cloud hanging over him by his own account. When his bosses had found out he loaned 15,000 to a friend so the friend could buy stock, they told him it could violate securities law. The way it was handled subsequently was offensive to me and I decided to resign. Epstein told regulators months later during an investigation into other matters. This is where he was flipped. Nobody wants to talk about it, but this is where he was initially flipped. And that initial flipping was done by the FBI. And then from there, he was farmed out to the CIA. What? You think the CIA isn't paying attention to what's going on? Especially when we're talking about finances and shit like this. They most certainly are.

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keepsake this episode sponsored by Maximus Tribe. You train, you track, you eat right. But if you're over 40, you felt it. The results don't match the effort anymore. That's not willpower, it's biology. Hormones drop metabolism slows, your body stops responding the way it used to. Maximus is the online clinic that reverses your decline with prescription performance medicines, GLP1s, testosterone and peptides that reduce belly fat, restore energy and boost recovery. Over 50,000 high performers have already broken through their plateaus. If you're ready to turn your hard work into measurable results, go to maximus tribe.com that's maximus tribe.com

[Narrator - Epstein Chronicles Host]

but when he returned to high finance, this time as an exclusive money manager, his old firm was woven into his work. The emails show his companies put tens of millions of dollars in bearer investment funds and bought tens of millions of dollars more of its stock. He helped oversee one of Bayer CEOs Jimmy Cayne's trusts. When Bear stock hit $100 for the first time, Epstein bought 100 shares and presented them to Kain as a gift. One document in the inbox reveals Epstein was also chairman of Liquid Funding Ltd. A Bermuda based investment vehicle that Bear Co owned. The emails show too, that he called the shots as money moved out of a Bear account but belonging to one of Epstein's key clients, the Ohio billionaire Les Wexner. All of this unexplained. None of these people called before Congress and it's left up to us to figure out what's what. And this is the biggest problem There was never a real investigation. This should have been RICO from the very beginning, but instead what we got was a tighter scope. And that was all by design, because if they went rico, all these people that we're talking about right here, you know, the people that are funding your favorite politician, these people will not allow it. And if you think that's crazy or that's far fetched, you haven't been paying attention. Epstein was savvy in a fight that began once the subprime mortgage market sank in August of 2007 after the collapse of Bearer hedge funds that Epstein had invested in. His office got an email from a lawyer representing other investors in including Charles Fix, heir to a Greek beer fortune. The attorney invited Epstein and his office to join in a confidential plan to boot Bears directors from fund leadership through a vote and replace them with an ally. Then to unleash a full investigation into what had gone wrong, positioning investors to claw back losses. Do it, Epstein told Darren Indyk, his longtime personal lawyer. Another guy that should be up in front of Congress. You yesterday, but I guess I'm the only one who's paying attention here. Three months of emails and meetings followed as the team kept Epstein's office posted on strategy and internal fights. In November, the team believed they had gained control of enough votes to win. It wasn't that simple. Epstein soon flipped against the investor group, triggering rage from the Greek beer air. Indyk wrote. Fix's colleagues wrote back. It's with particular ill grace that you are trying to suggest that Mr. Epstein claims surprise at our being angered by his and your misconduct today. He asked Epstein to explain why, after months of his assuring us that he was supporting our efforts, he did a 180 degree turnabout, refusing to vote with the group, thereby ensuring a loss for them and us. Well, we all know why. Epstein was the ultimate free agent, and if he could find a better deal, he would. Epstein had been playing both sides behind the scenes. He was sharing intelligence with Kane, the inbox shows, forwarding him the ill grace email from Fix, his colleague. Around the same time, Epstein emailed the Bear boss a list of complaints about the prosecutors investigating him for sex crimes and money laundering. Still, there was one more twist coming. Yeah, more than one twist. This looks like one of those T hockeys. Following Bear Stearns meltdown the next March, Epstein made preparations to sue Bearer and several top executives, According to a June 2008 draft of a lawsuit from the Inbox. In it, one of the most notorious figures of his era presents himself as the opposite. A Victim. And this is one of their favorite moves too. Once they get nailed for having a relationship with Epstein, one of their favorite moves is to act like they were defrauded. They, they were, you know, treated wrongly by Epstein. He stole from them, whatever. And just coincidentally, it only came out after we learned about what Epstein was up to and he got charged. But previous to that, you know, nobody was the wiser. The draft complaint asked for more than 70 million in damages. It alleges that bankers dump toxic waste into bare funds and depicts Epstein as a loyal associate who was fraudulently induced by manipulative bankers. Bearer betrayed its special continuous 30 year relationship with him, according to this version, luring him to buy and hold stakes and funds that were riskier than advertised. Oh yeah, I'm sure that Jeffrey Epstein's ass was bamboozled. The bamboozler was bamboozled. What do they say? You can a bullshitter, right? And if Jeffrey Epstein was anything, his ass was a bullshitter. And though the draft doesn't name Kaine as a defendant, it turns against him too. Alleging that he gave Epstein false assurance about his bare holdings before the company collapsed and JP Morgan bought it. Around the same time of the draft, Epstein's attorneys emailed with a JP Morgan lawyer about a potential settlement. Epstein sued Behr over related issues, including fraudulent misrepresentation in 2009. Two years later, JP Morgan agreed to settle his claims against Behr for for about 9 million, according to court documents filed in a separate case. A spokesperson for JP Morgan declined to comment. Lawyers for the Bear Investment Group didn't return messages. Kane died in 2021. During a given week, one investment sent Epstein's way might have been for him, but the next might have been for Wexner, the billionaire behind Victoria's Secret. Sometimes even even Epstein himself hesitated to say what went where. In late 2006, when Indyk passed along a question about whether one security investment, the three times levered basket, was for a Wexner family trust or Epstein's company. Epstein told his lawyer to remind him about it in a couple of days. Look, there was so much fraud going on here and so much money laundering that it'll make your head spin. And that's another reason they didn't go the route that they should have. They should have made this a RICO case if they did that. This whole ass thing is a completely different conversation. Indyke didn't answer specific questions for the story. For a financial advisor at Merrill lynch named Ed Spector, that fluidity was par for the course. In 2005. The Merrill Advisor sent Epstein a reminder about the timing of an investment for Wexner's wife A few days later, he advised Epstein on a peso deal for Financial Trust that November in an email about a plan to go long on the Australian dollar while shorting New Zealand's. Spectre also asked if he wanted to split $10 million between financial trust and Wexner. Epstein told him all Wexner. The inbox shows Epstein as a brash power broker who twisted arms to get what he wanted from Wall street colleagues. And though it often worked, sometimes he went too far. In early 2006, Epstein asked for a favor that made Spectre uncomfortable, according to emails from the financial advisor. Jeffrey, I just got back to the office in New York. Please understand that. As I thought about our conversation the last couple of days and two thoughts hit me. First, that I do not know the gentleman no names well enough to approach him on this. He would look at me like I'm nuts and ask what my interest is. I know him only from a business sense. Also, as innocent as the request may sound, it could result in big problems for me internally if this gentleman doesn't think it's an appropriate conversation. There is zero tolerance in the organization. The emails don't spell out what Epstein wanted, but he kept pressing his advisor. Spectre bristled. Jeffrey, as you know, I have a great deal of respect for you. I've asked around this afternoon after receiving your email on a no name basis and have been advised that I can have significant issues approaching the topic. I hope you understand that cryptic exchange and Epstein's July arrest in Florida didn't stop the pair from doing big business. In August, Epstein thanked Spectre for telling him that a Hertz Investment had paid 2.2 million each to Epstein's firm and to a Wexner trust fund. Later, Specter reminded Epstein that the deal had been a special opportunity. As you know, inclusion in Hertz was limited to clients with 1 billion net worth, he wrote. Would Epstein want to be included in Merrill's billion dollar only deals? He added that it would take a commitment of 20 million or so per year. Epstein wrote back, got it. I'm in. Spectre died in 2009. A spokesperson for bank of America, which bought Merrill that year, declined to comment. According to an email. In late 2007, Epstein was also connected to billionaire Carl Icahn's investment firm. Icahn Capital Management sent him revised fees and terms, the kind that are usually only shared with investors, along with holiday wishes. Icahn's office did not respond to questions. Oh, why would he? He knows he stepped in it. And this is the kind of thing that we're going to see. If we get a accounting of the financials, you're going to see some of the biggest names in the history of Wall street and the financial sector and they were all in bed with Jeffrey Epstein and all the people that are all of a sudden shocked that this is going down well, where have you been for the past six years? News reports that Epstein was preparing to plead guilty to sex crimes didn't stop contacts from pursuing him. An investment firm called Yin Harbor Drive Capital sent him an email in February of 2008 with a plan to profit even if the markets fall. They met that month. I hope that you found the discussion as interesting and thought provoking as I did, executive Duncan Yin wrote afterwards, sending along details about trading Indian equity volatility. Investment talks continued for months. Bruce Jaeger, a former Berenstarns executive, met with Epstein a about the deal in June just as Epstein was finalizing his plan to plead guilty in Florida. But he had no idea, right? Mr. Jaeger had no idea what was going on. He thought Epstein was just a great guy. It was great to see you on Monday and I'm glad to see that you are keeping such a positive attitude, jaeger wrote earlier that month. I'm sure that you will prevail and make the right decision on how to proceed. Right before Ghislaine entered your office, you asked me if we could start trading and the answer is yes. The executive attached details for a five million dollar investment. Yin didn't return messages. Jaeger said he couldn't answer questions on the phone and didn't return messages. Of course not. Do you see the pattern here? Do you see how they all handle themselves when they're called on the carpet? Epstein fielded request for investments until his last week of freedom. That June, his office got a pitch for an offshore fund that traded carbon credits. The next day, he got another nudge from an acquaintance about investing in an oil firm. On June 30, he pleaded guilty to two felonies in Palm beach county, which, under an agreement that has since become infamous, spared him and any potential co conspirators from federal prosecution in exchange for about 13 months in jail. Epstein's continued attention from Wall street included an exchange with Morgan Staley. The email show Patricia Glass, a senior vice president and director of portfolio management in its wealth unit, teamed up with an executive director to talk to Richard Kahn, Epstein's longtime accountant And a key deputy. They followed up in October of 2016 with a presentation on a strategy called risk reversal. Buying one kind of option while selling another. A lawyer for Khan said he doesn't believe the strategy was pursued. Lawyers for Khan and Indike said their clients haven't been accused of witnessing or committing abuse and that they never knowingly enabled Epstein to abuse or traffic women. A spokesperson for Morgan Stanley declined to comment. And this is another problem. The fact that they weren't charged in the overall criminal empire is a gigantic problem. How can you look at this and look at their name littered all over all this paperwork and not have them caught up? The only explanation is that the fix is in. Some of Epstein's most intriguing work wasn't just with banks, brokerages or hedge funds. To globe trotting billionaires, men who were richer and more powerful than he was, Epstein offered the services of a consigliere over email. He was empowered, paranoid and shrewd. At the end of 2000, five years before artificial intelligence became an obsession of global capitalism, Epstein had an idea for Leon Black, the co founder of Apollo Global Management. Marvin Minsky, a celebrated computer scientist at the Massachusetts Institute of Technology, was working with colleagues to build a machine that that is capable of common sense thinking, one that can solve real problems for real people. According to one of the Yahoo emails, their pitch was to build a non profit, for profit spin offs. Epstein asked an assistant, cecilia, please fax to Leon Black with a note that says, this guy is the father of artificial intelligence. You could adopt the whole project and have fun. Minsky died in 2016. Documents released last month by a congressional committee also show Epstein's role for clients as something less conventional than a mere money manager. In a batch of 2015 emails that he later forwarded to himself, he tried to shape Black's financial life. Leon, yesterday I spent hours upon hours of my time with your office, he wrote. He complained that Black had gotten himself into a fix by ignoring his advice from a year earlier, going so far as to quote it, the family office needs a daddy. Children with good intentions are running around sniping, nitpicking with little direction. Epstein made clear that his involvement didn't come cheap. Very serious. I'm willing to continue to accommodate some of your concerns, but I am, under no circumstances, none, willing to spend my time for free. It's not fair.

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keepsake he added parenthetical and another inside it. You had claimed I had you over a barrel. A horrible position to be in with my very close friend. Unfortunately, I fear that if you are not cautious in the near future, another barrel will appear of your own design. Well, that sounds threatening, huh? Imagine having the kind of firepower to say that kind of shit. To Leon Black, of all people, Epstein was like Thomas Cromwell in Henry VIII's here. At the end of 2015, an email described one of Black's deputies as a little man using your power to appear larger. And another colleague is self aware enough to know she was over her head. A spokesperson for Black said he had no comment, of course not. So how about we subpoena him and force him to comment? Oh, I know that would take some effort though. And God forbid they subpoena one of their biggest donors in Ohio. The Yahoo emails show Epstein had wide influence over Wexner's world. He dictated time off for members of the billionaire's family's office, orchestrated the movement of money, advised on the payment plan for his wife's private jet, suggested how to structure the purchase of a condo for a security staff member and pass judgment on senior executives at Wexner's retail empire, L Brands. He nicknamed one of them Mighty Mouse after the cartoon, calling him incompetent and delusional in a pair of notes to Wexner in 2006 and 2007. The second email also warned him that about his company's directors, he has no judgment. Be careful. A spokesperson for Wexner declined to comment. Epstein advised the rich, powerful and well connected. When Nelly Prayel Barak, whose husband Ehud Barack, had been Israel's prime minister, was making high level introductions to clients for a fee, she turned to Epstein. In early 2008, she sent a text of her client agreement, Taurus Ltd, a consulting firm, wood for $30,000 a year, identify strategic partnerships, screen business opportunities and introduce clients to Israeli business and public opinion leaders. And look, let's not cut corners here. They're also worried about releasing this information and embarrassing our allies over in Israel. There is zero doubt about that. And while I'm not somebody that believes Epstein was created and managed by the Mossad, he most certainly was doing work for them. And he was definitely doing work for Ehud Barack. Opportunities kept coming for Epstein even in his final years. In January 2018, he heard from a deputy of music mogul Tommy Mottola about investing in a musical he was producing that covers the life of disco queen Donna Summer. The executive, Joanne Oriti, told Bloomberg News that the documents were were sent to dozens and dozens of people, and Epstein did not invest. That April summer, the Donna Summer musical opened on Broadway. Federal prosecutors charged Epstein with sex trafficking minors one year later so when people ask how Epstein lasted as long as he did, this is the answer they don't want to sit with he wasn't invisible. He wasn't untouchable by accident. He was carried propped up by institutions that knew they how to keep things moving quietly, efficiently, and without friction. Because when all is said and done, Epstein didn't beat the system. He used it. And the system didn't lose control. It just made a choice. All of the information that goes with this episode can be found in the Description box.

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