Back to Results

DOJ-OGR-00032059.jpg

Source: IMAGES  •  Size: 1295.5 KB  •  OCR Confidence: 90.8%
View Original Image

Extracted Text (OCR)

Jellrey Epstein he is winning. Whether in conversations or negotiations, he always stands back and lets the other person determine the style and manner of the conversation or negotiation. And then he responds in their style. Jeffrey sees it in chivalrous terms. He does not pick a fight, but if there is a fight, he will let you choose your weapon.” One case is rather more serious. Currently, Citibank is suing Epstein for defaulting on loans from its private-banking arm for $20 million. Epstein claims that Citibank “fraud- alently induced” him into borrowing the money for investments. Citibank disputes this charge. The legal papers for another case offer a tare window into Epstein’s finances. In 1995, Epstein stopped paying rent to his landlord. the nonprofit Municipal Arts Society, for his office in the Villard House. He claimed that they were breaking the terms of the lease by tot Jetting his staff in at night. The case was wentually settled. However, one of the papers fled in this dispute is Epstein’s financial state- nent for 1988. in which he claimed to be worth $20 million. He listed that he owned $7 million in securities, $1 million in cash, zero in residential property (although he told sources that he had already bought the home in Palm Beach), and $11 million in other assets. including his investment in Riddell. A co-investor in Riddell says: “The company had been bought with a huge amount of debt. and it wasn’t public. so it Was meaningless to attach a figure like that to it.., the price it cost was about $1.2 mil- lien.” The co-investors bought out Epstein’s share in Riddell in 1995 for approximately $3 million. At that ume, when Epstein was asked, as a routine matter. to sign a paper guaranteeing he had access to a few million dollars in case of anv subsequent disputes over the sale price. Wexner signed for him. Epstein has explained that this was because the co-investors wanted an indemnity against being sued by Wexner. One of the investors calls this “bullshit.” pstein’s appointment to the board of New York’s Rockefeller University in 2000 brought him into greater social promi- nence. Boasting such social names as Nancy Kissinger, Brooke Astor, and Robert Bass, the board also includes such pre-eminent scientists as Nobel laureate Joseph Gold- stein. “Epstein was thrilled to be elected,” says someone who knows him. After one term Epstein resigned. Accord- ing to New York magazine, this was because he didn’t like to wear a suit to meetings. A okesperson te- the Rockefeller board says ye 1 because he had insufficient time oar member recalls that he O7/261 7am 2 gac is was “arrogant” and “not a good fit.” The spokesperson admits that it is “infrequent” for board members not to be renominated after only one term. Still, the recent spate of publicity Ep- stein has inspired does not seem to have fazed him. In November he was spotted in the front row of the Victoria's Secret fashion show at New York’s Lexington Avenue Ar- mory; around the same time the usual co- terie of friends and beautiful women were whisked off to Little St. James (which he tells people has been renamed Little St. Jeff) for a long weekend. Thanks to Epstein’s introductions, says Martin Nowak. the biologist finds himself moving from Princeton to Harvard. where he is assuming the joint position of profes- sor of mathematics and professor of biolo- gy. Epstein has pledged at least $25 million to Harvard to create the Epstein Program for Mathematical Biology and Evolutionary Dynamics, and Epstein will have an office at the university. The program will be dedi- cated to searching tor nature's algorithms. a pursuit that is a specialty of Nowak’s. For Epstein this mus: be the summit of every- thing he has worked toward: he has been seen proudly dispiaying Harvard president Larry Summers's letter of commitment as if he can’t quite believe it is real. He says he was reluctant to have his name attached to the program. but Summers persuaded him. He rang his mentor Wexner about it. and Wexner told him it was all nght. An insatiable. restless soul. always on the move. Epstein builds a tremendous amount of downtime into his hectic work schedule. Yet there is something almost programmed about his relaxation: it’s as if even plea- _ sure has to be measured in terms of self- improvement. Nowak says that. when he goes to stay with Epstein in the Caribbean. theyll get up at six and. as the sun rises. have three-hour conversations about theoret- ical physics. “Then he'll go otf and do some work, re-appear. and we'll talk some more.” Another person who went to the island with Epstein. Maxwell. and several beautiful women remembers that the women “sat around one night teasing him about the kinds of grasping women who might want to date him. He was amused by the idea... . He’s like a king in his own world.” Many people comment there is some- thing innocent. almost childlike about Jef- frey Epstein. They see this as refreshing, given the sophistication of his surroundings. Alan Dershowitz says that, as he was getting to know Epstein. his wife asked him if he would still be close to him if Epstein suddenly filed for bankruptcy. Dershowitz says he replied, “Absolutely. | would be as interested in him as a friend if we had hamburgers on the boardwalk in Coney Island and talked about his idpage 20 of 151 FASHION Cover: Ben Affleck’s Double RL !-shirt from Double RL, NYC. and LA, or go to www.polo.com; for Levi's jeans, call 800-USA-LEVI; Deborah Woknin for Art Mix (the Agency). Page 96: Chrome Hearts shirt from Chrome Hearts, NY.C., or call 212-327-0707; for Ray-Ban sunglasses, call 888 -LUXOTICA. Page [23: Peter Cincotti's Emporio Armani shirt from Emporio Armani boutiques nationwide; Ralph Lauren suspenders from selected Polo Ralph Lauren stores; Kim Meehan for Walter Schupfer Management. at Page 140: Peer Cincotti’s shirt by Thomas Pink; suit by Giorgio Armani; tie by DKNY; Brioni coat bv soecial order from selected Srioni stores. Page I5I: Lev Glazman and Alina Roytberg styled by Jane nena Hershios, Page 160: Styled by Angela Groff ‘or Ennis, Inc Page 214: For June Havoc's Gina Simonelli Designs scarf, available by special order, cail 978-499-2915, -om Donna Karan New ‘ stores najionwide and Bercee Goodman, NY¥.C.; Paul Smith ;? Women coat from Henri Jercei NYC.,, and Trafic, LA; Chanel ewelry and gloves from Chanel poutiques nationwide, or cat SO0-530-0005; Narciso Rodriguez shoes from Jill 2-7. Santa Monica, Calif, and Capital Crariore N.C; Lambertson Truex handbag cv spec a: order "rem 3ergdorf Goodmon, NY.C.: Ghurka ~3aoge fren Shurke, NYC. or call 800-23°-'58- Page 223: Agnes Bruckner's Tom “ord for “ves Saint Laurent Rive Gauche sress “o~ Yves Sam 226 Py Laurent tive Gauche boutiques, N.C. and Houron, Page 226: Dyan Cannon styled ov Linda Medvene; top and ponts by Dolce & Gabbana, from Dolce & Gabbana, Beverly Hills; jewelry by Wendy Walker, from \Wendy Walker, L.A: shoes by Jimmy Choo, ‘rom Jimny Choo, Beverly Hills Pages 276-77: 3en Afflece’s Guess srt from Guess stores nationwide, or go 10 www.quess.com; Versace boots from Versace boutiques worldwide, or go to www.versace.com, or call 888-3VERSACE. Pages 278-79: Double RL T-shirts from Double RL, NYC. and LA, or go to www.polo.com; Chrome Hearts lona-sieeved shirt 281 < from Chrome Hearts, NYC., or call 212-327-0707: for Ray-Ban sunglasses, call 888- LUXOTTICA, Page 281: Tommy Hilfiger jacket from Tommy Hilfiger stores worldwide, or call 800- “eae TOMMY4U; Double RL T-shirt from Double RL, NYC. and LA., ar go to www.polo.com; for Levi's jeans. call 800-USA-LEVI. Public Records Request No.: 17-295 DOJ-OGR-00032059

Document Preview

DOJ-OGR-00032059.jpg

Click to view full size

Document Details

Filename DOJ-OGR-00032059.jpg
File Size 1295.5 KB
OCR Confidence 90.8%
Has Readable Text Yes
Text Length 7,695 characters
Indexed 2026-02-03 22:03:11.813747