New Jeffrey Epstein emails show disgraced financier’s deep Wall Street

New Jeffrey Epstein emails show disgraced financier’s deep Wall Street

Newly obtained Jeffrey Epstein emails expose how the late convicted pedophile stored investing and advising billionaires by his deep Wall Street ties — despite his 2006 arrest and 2008 responsible plea for intercourse crimes, according to a report.

The new cache of more than 18,000 messages reveals how Epstein invested $1 million in a prestigious hedge fund just weeks after allegations of Epstein paying youngsters for intercourse first surfaced.

They also elevate the veil on how he leveraged his relationships with top banks, brokers and funding companies, according to Bloomberg News. The Post has approached people and corporations talked about in the latest doc dump for remark.

The messages show Epstein, a one-time Bear Stearns banker, pumped $1 million into Renaissance — a hedge fund famend for its secretive, high-performing methods — shortly after Epstein was charged in summer time 2006 for intercourse trafficking of minors and conspiracy to commit intercourse trafficking of minors.

The new emails show how the lifeless intercourse pest leveraged his Wall Street contacts to drum up new enterprise, even after his first arrest for intercourse crimes. AP

Greg Hersch, then a wealth supervisor at Smith Barney, a brokerage agency owned by Citigroup, emailed Epstein’s workplace in August of that yr and urged him to speculate before the fund closed to new purchasers.

“I feel it would be a mistake to not make this investment,” Hersch wrote in an electronic mail quoted by Bloomberg.

That was despite media coverage of the allegations, including a Palm Beach Post editorial two days later, headlined “He was over 50. And they were girls.”

Epstein responded promptly by his chief funding automobile, Financial Trust Company: “Fine.”

Hersch, who now runs his personal agency, told Bloomberg by a spokesperson that his interactions with Epstein have been solely skilled and resulted in 2007. That was before Hersch says he discovered of Epstein’s crimes.

Earlier this yr, House Democrats launched 1000’s of Epstein emails in an try to smear President Trump. The messages evidenced the disgraced financier’s ties to high-profile figures including former Treasury Secretary Larry Summers however urged zero misconduct by the president.

James Cayne, the former CEO and chairman of Bear Stearns, is one in every of the financiers named in the newly launched trove of Epstein emails. REUTERS

The latest batch of emails underscored the aggressive Wall Street ways utilized by Epstein — a former math instructor without a university diploma who grew to become a globetrotting cash supervisor together with his personal non-public Caribbean island, the place he threw events for the wealthy and well-known.

The messages also spell out threats of lawsuits against former associates and chronic pitches from funding companies post-conviction, even as he served about 13 months in a Florida jail for procuring minors for prostitution.

Epstein’s dealings with Bear Stearns, the funding financial institution the place he labored early in his profession, have been notably contentious.

After leaving the agency in 1981 amid questions over a inventory mortgage that might need violated securities legal guidelines, Epstein later invested tens of tens of millions in its funds and inventory.

He managed trusts for Bear’s then-CEO James “Jimmy” Cayne and oversaw cash actions for key shopper Les Wexner, the Ohio billionaire behind Victoria’s Secret.

When Bear’s hedge funds collapsed in the 2007 subprime mortgage disaster, Epstein initially joined other buyers in plotting to oust administrators and examine losses, the emails quoted by Bloomberg show.

Epstein also collaborated with investor Charles Fix, the inheritor to the beer fortune behind the Greek model Fix Hellas. Fix Beer

But he flipped sides, sharing intelligence with Cayne and refusing to vote against the agency, drawing ire from fellow investor Charles Fix, inheritor to a Greek beer fortune.

“It is 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,” a colleague of Fix’s wrote in an electronic mail.

Epstein forwarded it to Cayne, who died in 2021.

By June 2008, as Epstein negotiated his controversial plea deal, a draft lawsuit in the emails sought over $70 million from Bear Stearns and executives, alleging they dumped “toxic waste” — nugatory or high-risk belongings — into funds and betrayed a “special continuous 32-year relationship.”

The go well with claimed fraudulent misrepresentation.

After Bear’s collapse and acquisition by JPMorgan Chase, Epstein sued in 2009 and settled for about $9 million in 2011, according to courtroom paperwork obtained by Bloomberg.

The notorious Little St. James, dubbed Esptein Island, the place the lifeless pedo allegedly held sex-charged. REUTERS

In early 2008, Yin Harbor Drive Capital pitched Epstein on cashing in on market declines, with govt Duncan Yin following up: “I hope that you found the discussion as interesting and thought-provoking as I did.”

Talks persevered, including a $5 million funding provide from former Bear govt Bruce Jaeger in June, as Epstein finalized his plea.

“It was great to see you on Monday, and I am glad to see that you are keeping such a positive attitude,” Jaeger wrote, according to an electronic mail seen by Bloomberg.

“I am sure that you will prevail and make the right decision on how to proceed.”

Jaeger didn’t remark to Bloomberg.

Morgan Stanley contacted Epstein’s deputy in 2016 about “risk reversals,” a strategy involving shopping for one possibility while promoting another to hedge bets.

Epstein’s function prolonged past private investments to advising ultra-wealthy purchasers.

For Wexner, emails show Epstein dictating household workplace operations, such as day off, jet funds and govt selections.

A Wexner spokesperson declined to remark to Bloomberg.

Apollo Global Management co-founder Leon Black, seen right here of the left together with his spouse Debra earlier in 2025, is also named in the new emails. Jason Lowrie/BFA.com/Shutterstock

With Apollo Global Management co-founder Leon Black, Epstein positioned himself as a “daddy” for Black’s household workplace in 2015 emails: “Your family office needs a daddy. children with good intentions are running around , sniping , nitpicking with little direction.”

He even demanded charges: “very serious I am wiling to continue to accommodate some of your concerns , but I am, under no circumstances , none, willing to spend my time for free. its [sic] not fair.”

Black declined to remark to Bloomberg.

In 2006, Merrill Lynch advisor Ed Spector suggested on foreign money trades, splitting $10 million between Epstein’s agency and Wexner.

But Epstein pressed for an unspecified favor that Spector deemed dangerous: “as innocent as the request may sound, it could result in big problems for me internally if this gentleman doesn’t think its an appropriate conversation. There is zero tolerance in the organization.”

Spector fired again: “Jeffrey, As you know, I have a great deal of respect for you. I have 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.”

The disgraced financier’s notorious madam, British socialite Ghislaine Maxwell, is at the moment serving a 20-year federal jail sentence after being convicted on intercourse trafficking expenses SDNY

Yet enterprise continued, including a $2.2 million Hertz payout and invites to “billionaire-only deals” requiring $20 million annual commitments. Spector died in 2009.

Epstein was even pitched to put money into a musical in 2018, by a deputy for music mogul Tommy Mottola.

Epstein was hit with federal expenses of intercourse trafficking minors a yr later, dying by suicide in New York City’s Metropolitan Correction Center before his trial began.

His notorious madam, British socialite Ghislaine Maxwell, is at the moment serving a 20-year federal jail sentence after being convicted on intercourse trafficking expenses.

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