Jeffrey Epstein saved the fortune of his billionaire clients when he told them to leave the market in 1987 for the Black Monday crash – but only because he went on vacation that week
- Jeffrey Epstein advised his clients to get their money out of the stock market just before the Black Monday crash
- He did this because he went on vacation and not because he predicted the crash
- Shortly thereafter, he met Leslie Wexner, who was hit hardest by the crash, losing more than half of his fortune
- This was all revealed in an interview from 2003 that was excavated by
The key to Jeffrey Epstein's success may have been explained by the pedophile in a 2003 interview discovered by Bloomberg.
In an interview with David Bank about Little St James, Epstein spoke of his rapid rise as he walked away from the main building of the island and noted: & # 39; Too many girls. & # 39;
Epstein then talked about the limited education that didn't stop him from getting a job at the prestigious Dalton Academy, where he met the father of a student who brought him a foot in the door at Bear Sterns.
A decade later, Epstein was alone and in what was perhaps the most lucrative happy accident in Wall Street history, he advised his billionaire clients to step out of the stock market just before the Black Monday crash.
Happy accident: Jeffrey Epstein (above with Ghislaine Maxwell in 2005) advised his clients to get their money out of the stock market just before the Black Monday crash
In his job: shortly after meeting Leslie Wexner (above with wife Abigail in 2014), who was hit hardest by the crash and lost more than half of his fortune
& # 39; It was more fortunate than anything else, said Epstein, who told Bank that he advised his customers not to do this because he predicted the crash, but because he went on vacation and did not want to be bothered by money-related Affairs. .
That movement, accidentally or not, could also explain how Epstein got to know the man responsible for the lion's share of his wealth.
It was just after Black Monday that Epstein met Leslie Wexner, the man who was generally recognized at the time as the most affected by the crash.
In just a single day, Wexner lost nearly half his fortune and continued to lose more in the weeks following that fateful day.
Wexner has now revealed that Epstein swindled him together during their time, and revealed this in a statement last week.
It is a shocking step, especially in light of what he said during a conversation with Bank in 2003.
& # 39; One of the biggest problems is that if you have too much money, you probably won't miss it if something is taken from you & # 39 ;, Epstein said.
& # 39; That is very important, which is actually security issues – and this is why I have always been private and wise – if you become known as philanthropist or by giving away money, then you become the perfect victim of fraud and identity theft. & # 39;
His financial strategy, however, didn't seem that complicated, with Epstein saying: & "If I lose $ 10 million out of $ 100 million, I'm gone." Under no circumstances will I lose more than 10% of my investments. & # 39;
He added: & # 39; I always want to have enough money to stay in the game. & # 39;
And he would only tell his customers that there were fewer than ten and more than four – and they were all billionaires.
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