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a vast staff, in effect going into the business of giving away money, yet
another business you are unlikely to know anything about.”
At just about this point in the narrative, the questions or the
incredulity begins in social circles and eventually in the media. He begins to
acquire the major symbols of riches but does this without position, public
holdings, or obvious paper trails. In essence, the formulation is, how can a
person have enough money to merit increasing attention, but no clear way of
having gotten it. Epstein gets stuck in that tautology. He may be rich, but he
is without institutional protection or bona fides. He is a questionable
substrata of wealth. He’s a freelancer.
In the Epstein telling, he’s representing a series of vastly wealthy
people and families.
In a sense, he’s their instrument, doing their bidding, and for a period
describes himself as recovering money, as something like a private
detective. If early in his career he might seem like a sort of George Peppard
(there’s a resemblance) in Breakfast at Tiffany’s, a charming hustler, later
he’s George Peppard in Banacek, a smart and astute operator.
He steps up his game and his relationship with the rich. He’s not just
doing their bidding or their investing, he’s helping them to imagine the
ambitions of their wealth. They’ve satisfied their business dreams. Now
there are the separate challenges and possibilities of their actual wealth.
In essence, the response to this, as he becomes more public, as a
function of envy and media, is “bullshit.” True, there is no clear alternate
narrative. No one is accusing him of anything, accept, sometimes, guilt by
association. (In addition to Robert Maxwell, who will be accused of fraud,
there’s Steven Hoffenberg, briefly a New York high flyer, who went to jail
for a Ponzi, for whom Epstein acted as a consultant.) But the
characterization persist: if it’s not clear, it must be murky. Sure, Goldman
Sachs partners and tech fortunes, but what to make of a Coney Island, Zelig-
like no-namer?
In 1994, just at the moment when Prince Charles is on television
acknowledging his love for Camilla Parker Bowles, Jeffrey Epstein is sitting
next to Princess Diana at a dinner at the Serpentine Galley in London (Diana
is wearing her “revenge” dress that evening). Graydon Carter, into his
second years as editor of Vanity Fair, is also at the dinner. Epstein’s rise and
Carter’s rise are not, with a little critical interpretation, that different. Both
are a function of the age of new money, and both are helped by strategic
relationships with the exceptionally wealthy. To say that Epstein, sitting next
to the Princess, sticks in Carter’s craw would be an understatement. Epstein
becomes one of the “what do you know about him” figures in Carter’s
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