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Too Big to Fail: From “Spook Air” to the “Lolita Express”: The Genesis and Evolution of the Jeffrey Epstein-Bill Clinton Relationship

Far from being the work of a single political party, intelligence agency or country, the power structure revealed by the network connected to Epstein is nothing less than a criminal enterprise that is willing to use and abuse children in the pursuit of ever more power, wealth and control.

By Whitney Webb, 23 Aug 2019:

On August 10th, and for several days after, speculation swirled after it was announced that Jeffrey Epstein had been found dead in his cell. His cause of death has officially been ruled suicide by hanging.

Epstein, the billionaire pedophile and sex trafficker with a myriad of connections to the rich and powerful in the United States and several other countries, had told those close to him that he had feared for his life prior to his sudden “suicide,” the Washington Post reported, while his defense lawyers claimed that he had planned to cooperate with federal authorities.

Following the controversial conclusion by the New York Medical Examiner that Epstein’s death was a suicide — a conclusion contested by Epstein’s attornies as well as by independent forensic pathologists, given the apparent evidence pointing towards strangulation — corporate media coverage of the Epstein case has slowed to a trickle, save for sensationalist stories about his alleged co-conspirator Ghislaine Maxwell and new salacious details of his past. Gone from corporate media are any hints of the larger scandal, revolving around the admission that Epstein had “belonged to intelligence.”

In this four-part series, “The Jeffrey Epstein Scandal: Too Big to Fail,” MintPress has revealed that Epstein’s activities — a sexual blackmail operation involving minors and connected to intelligence agencies — was one of many such operations that have taken place for decades, developing from the nexus forged between the CIA, organized crime and Israeli intelligence shortly after World War II.

As Part II of this series revealed, these sexual blackmail operations proliferated during the Iran-Contra affair, which involved this same dark alliance between U.S./Israeli intelligence and organized crime. Though this series has thus far largely focused on the ties of Republican officials to those operations and associated crimes, the final installment of this series will focus on Democratic politicians, namely the Clinton family, and their ties to this same network as well as Jeffrey Epstein.

The Clintons’ own involvement in Iran-Contra revolved around the covert activities at Arkansas’ Mena Airport, which involved the CIA front company Southern Air Transport and occurred while Clinton was governor. Just a few years into the Clinton presidential administration, Leslie Wexner and Jeffrey Epstein would play a major role in Southern Air Transport’s relocation to Columbus, Ohio, leading to concerns among top Ohio officials that both men were not only working with the CIA, but that Wexner’s company, The Limited, sought to use the CIA-linked airline for smuggling.

During that same period of time, Epstein had already forged close ties to important Clinton White House officials and prominent Clinton donors like Lynn Forester de Rothschild and made several personal visits to the official presidential residence.

Some of these ties appear related to Epstein’s shady financial activities, particularly involving currency markets and offshore tax havens — activities he began to perfect while working for prominent Iran-Contra figures in the early 1980s, several of whom were tied to the CIA-linked bank Bank of Credit and Commerce International (BCCI) and had known relationships with Israeli intelligence, namely the Mossad. The nature of Epstein’s work for these individuals and other evidence strongly suggests that Epstein himself had a relationship with BCCI after leaving Bear Stearns and prior to the bank’s collapse in 1991.

Of particular importance are Epstein’s relationship to the Clinton Foundation and the alleged role of Epstein’s Virgin Islands-based hedge fund and the Clinton Foundation in money laundering activity, a relationship still under investigation by MintPress.

It is this tale of intrigue that fully reveals the extent to which this decades-old alliance between organized crime, the CIA, and Israeli intelligence has corrupted and influenced politicians of both political parties, both through the use of sexual blackmail and through other means of coercion.

Far from being the work of a single intelligence agency or a single country, the power structure revealed by this network connected to Epstein is nothing less than a criminal enterprise that transcends nationality and is willing to use and abuse children in the pursuit of ever more power, wealth and control. Existing for decades and willing to use any means necessary to cover its tracks, this criminal racket has become so integrated into the levers of power, in the United States and well beyond, that it is truly too big to fail.

Iran Contra, Mena Airport and the Clintons

When one thinks back to the now-famous Iran-Contra scandal, names like Ronald Reagan, Oliver North and Barry Seal comes to mind, but former President Bill Clinton also played an outsized role in the scandal — using his home state of Arkansas, where he was then serving as governor, as a sort of rallying point for the CIA’s U.S.-side of the Central American operation. 

In fact, during Clinton’s reign as governor a small town called Mena, nestled in the Ozark Mountains west of Arkansas’ capital Little Rock, would be propelled into the national spotlight as a hub for drug and arms smuggling and the training of CIA-backed far-right militias.

Under the close watch of the CIA, then led by William Casey, the Mena Intermountain Regional Airport was used to stockpile and deliver arms and ammunition to the Nicaraguan Contras. The arms were sometimes exchanged for cocaine from South American cartels, which would then be sent back to Mena and used to fund the covert CIA operation.

       

Though efforts have been made to dismiss Clinton’s role in the scandal, his direct intervention in the Contras’ attempts to overthrow the Sandinista government of Nicaragua suggests Clinton had some sort of personal stake in the efforts and was unlikely aloof to the major smuggling operation taking place in his state while he had been governor. In fact, while governor, Clinton split with many other state governments in sending a contingency of the Arkansas National Guard to Honduras to train the Nicaraguan Contras on how to overthrow their Sandinista government. Clinton would also discuss his first-hand knowledge of the operation with now-Trump administration Attorney General William Barr.

Much of this channeling of both weapons and drugs was carried out by notorious drug smuggler and alleged CIA/DEA operative Barry Seal. According to the book Whiteout: the CIA, Drugs and the Press by Alexander Cockburn and Jeffrey St. Clair:

A federal investigation aided by the Arkansas State Police established that Barry Seal, a drug dealer working for the Medellin cartel as well as with the C.I.A. and the D.E.A., had his planes retrofitted at Mena for drug drops, trained pilots there and laundered his profits partly through financial institutions in Arkansas. Seal, at this time was in close contact with [Oliver] North, who acknowledged the relationship in his memoir. These were the years in which North was constructing his covert supply lines for the contras.”

Seal was known to use aircraft that belonged to the company Southern Air Transport and he also employed flight crews that worked for that same company. Southern Air transport, formerly Air America, was once directly owned by the CIA and today is remembered for being a CIA front during Iran-Contra. Less known is the relationship between the CIA-linked airline and Leslie Wexner and his then-close associate Jeffrey Epstein, which will be discussed in detail later in this report.

Seal seemed to always operate with much less than six degrees of separation from Clinton while the latter served as governor. In his 1999 confessional expose, Cross-fire: Witness in the Clinton Investigation, former Arkansas policeman turned personal driver and security guard for Bill Clinton, L.D. Brown, recounts how Clinton encouraged him to seek out a post at the CIA. Clinton allegedly went so far as to edit the essay Brown wrote for this employment application. The essay topic was drug smuggling in Central America. Upon receiving his application, the CIA put Brown in touch with none other than Barry Seal. Seal would later be gunned down in 1986 while serving six-months probation for drug-smuggling charges.

Seal was not the only affiliate of Oliver North running a Contra-connected operation in Arkansas. Terry Reed, who had worked for North since 1983, claimed to have been put in touch with Seal by North and established a base just 10 miles north of Mena — in Nella, Arkansas — where “Nicaraguan Contras and other recruits from Latin American were trained in resupply missions, night landings, precision paradrops and similar maneuvers,“ according to Cockburn and St. Clair. Reed further asserted that drug money was being laundered through Arkansas financial institutions.

After Clinton’s half-brother Roger was busted for cocaine smuggling (Clinton would later pardon him while president) the CIA sought to move Contra operations out of Arkansas, hoping to put a damper on the increasingly public and sloppy Arkansas-based operation. According to Terry Reed in his book Compromised: Clinton, Bush and the CIA, co-written with John Cummings, a hushed meeting was held in a bunker at Camp Robinson in North Little Rock, Arkansas. During the meeting, William Barr, who represented himself as the emissary of then-CIA Director Bill Casey told Clinton:

The deal we made was to launder our money through your bond business but what we didn’t plan on was you and your n****r here start taking yourselves seriously and purposely shrinking our laundry.”

Bar chastised Clinton for his sloppy handling of the delicate operation and his half-brother’s very public fall from grace. He would later tell Clinton, according to Reed,

Bill, you are Mr. Casey’s fair-haired boy … You and your state have been our greatest asset. Mr. Casey wanted me to pass on to you that unless you fuck up and do something stupid, you’re No. 1 on the short list for a shot at the job that you’ve always wanted. You and guys like you are the fathers of the new government. We are the new covenant.”

Attempts to investigate Clinton’s role in the Mena operations and more broadly in the Iran-Contra affair were allegedly axed by Clinton’s own confidantes, who consistently denied he played a role in the scandal. According to the Wall Street Journal, former IRS investigator William Duncan teamed with Arkansas State Police Investigator Russell Welch in what became a decade-long battle to bring the matter to light. In fact, of the nine separate state and federal probes into the affair, all failed.

Duncan would later say of the investigations, “[They] were interfered with and covered up, and the justice system was subverted,” and a 1992 memo from Duncan to high-ranking members of the attorney general’s staff notes that Duncan was instructed “to remove all files concerning the Mena investigation from the attorney general’s office.” The attorney general, serving under George H. W. Bush, at that time was William Barr, who is currently attorney general under Trump.

The Bank of Crooks and Criminals International

Another Clinton connection to the CIA and the Iran-Contra affair runs through the family’s connection to Arkansas financier Jackson Stephens and the CIA-linked Bank of Credit and Commerce International (BCCI), which critics nicknamed the “Bank of Crooks and Criminals International.” Stephens was among the richest people in Arkansas and was also a major donor and backer of Ronald Reagan, George H.W. Bush and Bill Clinton. He also played a key role in the rise of Walmart.

Jackson Stephens and other members of the Stephens family bankrolled Bill Clinton’s rise to political prominence, contributing large sums of money to both Clinton’s gubernatorial and his later presidential campaigns. In addition, Worthen Bank, which was majority-owned by Stephens, provided Clinton’s first presidential campaign a $3.5 million line of credit. In addition, Stephens’ many businesses were frequently represented by the Rose Law Firm, where Hillary Clinton was a partner.

A redacted FBI report from 1998 describes Stephens as having “lengthy and continuing ties to the Clinton administration and associates” and also discusses allegations that Stephens has been involved in the “illegal handling of campaign contributions to the Democratic National Party.”

BCCI had originally been founded by a group of bankers from Pakistan, though Newsweek later reported that CIA officials appeared to have been involved in the bank’s founding and that BCCI founder Agha Hasan Abedi had been encouraged by the CIA to found the bank after “the agency realized that an international bank could provide valuable cover for intelligence operations.” CIA documents that later surfaced during congressional hearings on the bank’s activities and related scandals stated that BCCI was directly involved in “money laundering, narco-financing, gunrunning and holding large sums of money for terrorist groups.”

BCCI cocaine and cash

Evidence in the case against BCCI shows cocaine seized from a warehouse and suitcases full of cash to be laundered. Photo | FLMD District Court

Though BCCI was known for its CIA links, Catherine Austin Fitts — former Assistant Secretary for Housing–Federal Housing Commissioner at HUD during the George H. W. Bush administration, and investment banker with the firms Hamilton Securities Group and Dillon, Read & Co. — believes that those links went well beyond the CIA. Fitts — who was placed on the board of the BCCI subsidiary First American Bank following BCCI’s collapse — told MintPress that, after reading through troves of documents regarding the bank’s activities prior to its implosion, it was clear to her that there was “no way” its clandestine activities were carried on without the full knowledge of the Federal Reserve, specifically the Federal Reserve Bank of New York, and the White House.

BCCI also played a key role in the Iran-Contra affair and accounts of the bank were used to send payoffs to individuals linked to the scheme. Adnan Khashoggi, a key figure and intermediary in the scandal, used one BCCI account to move more than $20 million related to illegal arms sales and BCCI created fake documentation, including checks signed by Oliver North, allowing the sale to go forward. The bank later, when its activities subsequently came under congressional scrutiny, claimed it had no records of these transactions.

In addition, BCCI appears to have been involved in the sex trafficking of underage girls, including girls that had not yet reached puberty. According to the report entitled “The BCCI Affair,” by then-U.S. Senators John Kerry (D-MA) and Hank Brown (R-CO), BCCI officials were alleged to have obtained leverage with powerful individuals, including prominent members of the ruling families of the United Arab Emirates (UAE), by providing them with young virgins.

The report (page 70) specifically states:

According to one U.S. investigator with substantial knowledge of BCCI’s activities, some BCCI officials have acknowledged that some of the females provided some members of the Al-Nahyan family [one of the ruling families in the UAE] were young girls who had not yet reached puberty, and in certain cases, were physically injured by the experience. The official said that former BCCI officials had told him that BCCI also provided males to homosexual VIPs.”

BCCI was largely brought into the United States business community through the efforts of Jackson Stephens and Bert Lance, former budget director for Jimmy Carter, who assisted with BCCI’s acquisition of First American Bank. The law firm involved in this effort was Arkansas’ Rose Law Firm and it involved several of the firm’s lawyers, including Hillary Rodham Clinton, Webster Hubbell and C.J. Giroir. Also involved in the effort was Clark Clifford, former Secretary of Defense under Lyndon B. Johnson, and Kamal Adham, former director general of Saudi intelligence.

One of the men added to the BCCI board after the acquisition of First American Bank was Robert Keith Gray, whom Newsweek described as often having “boasted of his close relationship with the CIA’s William Casey; Gray used to say that before taking on a foreign client, he would clear it with Casey.” As was discussed in Part II of this series, Gray was also an expert in homosexual blackmail operations for the CIA and was reported to have collaborated with Roy Cohn in those activities. Some of Gray’s clients at the powerful PR firm he led, Hill & Knowlton, included BCCI clients and Mossad-linked individuals, such as Adnan Khashoggi and Marc Rich.

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Here’s Fredo, the Aryan overman - or is he the ghost of Armenia, which Hitler suggested as an example of genocides that would be forgotten once a war of annihilation was long completed?

In recent months I’ve had the misfortune to have been confronted by an idiot going by the handle “ovfuckyou.” I did not seek him out. I found myself encountered by him in circumstances where people with overlapping (White Nationalist) concerns thought it might be constructive to “debate” him and his idea that WN should rally under Hitler and his programmatic leadership.

As I have said many times, Majorityrights is a platform that plainly rejects that idea; it rather functions as recourse for people who are able to see the obvious - that the people of today are not responsible for the World Wars, and all reasonable European peoples should be able to rally and coordinate under the rubric of ethnonationalism (while diaspora can be coordinated by the DNA Nations concept), but not all Europeans will be able to rally under Hitler and his program, quite the opposite. Thus, while there was obvious provocation from Jewry (unless we ascribe to the absurd position that Germans were ex-nihilo violent en mass) we reject the program of trying to redeem Hitler on balance and to engage in elaborate attempts to justify or deny his bad judgments and misdeeds.

These are such obvious and easy points to make by means of numerous references that I don’t like to discuss the issues, as I have no desire to lay guilt trips or stir up animosity among present day Europeans, for whatever side of WWII their ancestors were on. Hence, I have endeavored to post reference material to state in as brief and conciliatory a manner as possible, why it is that White Nationalism should Not try to redeem Hitler and Nazism as proponents of White Nationalism; they are rather significantly divisive and stigmatizing influences where adhered to the extent that an idiot like ovfuckyou does.

Sure ov is falling out with former White associates (e.g., people calling themselves “the gas station”). The right is inherently unstable. Typically, he’s talking to Jews now, of course - because they want to maintain the association of Hitler and WN. It’s divide and conquer.

ovfuckyou unabashedly identifies with the swastika.

It is one thing to say, “ok, Hitler and the Nazis had their reasons, and they had some things right”... but if one is to exercise 20/20 hindsight the place to find it is not in Nazi propaganda.

Having gotten myself lured into testing “debate” with ovfuckyou (accompanied by a few other Nazophiles) because he was hanging-out with Norvin, whom I hope to help around into a more stable position (his association with ov is broken, so that’s good, at least for the time being), I endeavored to explain the perspective of the nations between The Soviet Union and Nazi Germany, viz. Poland, Belarus, Ukraine, and Czech.

Understanding the perspective of these nations goes far to debunk an argument critical to Nazi apologists, i.e., that “Hitler was acting defensively against a Soviet invasion.”

Further debunking the Nazi position is to show that territorial concessions required of Germany by the Treaty of Versailles and St. Germain were not wholly arbitrary and without justification.

It is apparent why, at this point, ovfuckyuou and friends started to shout over me, talking in mock Jewish voices, saying that I was whining about things (whining? I don’t even like talking about this history ..if anyone is whining it is them and if anyone should be complaining about the war, it is the victims - including the Germans - of Hitler’s hair-brained program).

He’s been making the rounds in what appears to be The Regnery Circus 2.0

While I can kind of understand Norvin and a few other newbies, especially German Americans coming up through American right wing auspices, not being quite ready to be finished with ov’s angle, he’s been propped up, making the circuit on other White advocacy platforms, with people who’s intelligence and audience I have some regard for otherwise, and whose platforms overlap Majorityrights in significant ways - should be entirely; hence, to simply walk away from them is not on order.

After the mishap with the debate proposal by Norvin, which demonstrated that I ought not bother bringing the good-willed Per Nordin let alone the consummate professional, Dr. Christian Lindner, into the mudslinging of Ov, I found myself in a hangout with him, Claire Khaw and Church of Entropy. We were both opposed to Church of Entropy, no need to go into details - but that and other temporary alignments with ov caused me to let my guard down a bit when he found his way onto Eccelux streams.

When people are as apparently intelligent as Eccelux I have difficulty suspending disbelief that they can be blinded to the obvious.

Part of Ecce’s blindness may stem from fairly commercial aspirations. One can say that we need to get our voice out there, but then is it our voice when a litmus test is put in place that we represent ourselves by means of eye rolling right wing perfidy?

There seems to be something like a Regnery circus 2.0 in re-formation. The Regnery perspective was the structural backing of The Alt-Right. Richard Spencer was a central figure and apparently remains. Litmus tests were in order to join the club: an anti social identity - Nazi sympathy, German supremacism, Christianity, scientism, right wing elitism generally - including Jews if sufficiently Germanophilic.

Richard Spencer once said that we have to make sure that people are right on the “PQ”, the Polish question, and if they are not, they need to be ostracized. He added, “there’s not going to be your little Poland.” Well, why not? Why not “little Poland” and “little Germany”?

Apparently because Spencer is not an ethnonationalist, he’s an imperialist surpremacist who wishes for a Molotiv-Ribbentrop Pact 2.

The Rengery perspective is not simply Gemanophilic, though it is that, it is not simply Nazophilic, though it is that. It is tolerant of pagans and other non Christians but it prefers Christians. It’s tolerant of Jews, will even include them in the big tent if they’re against “the left” and more particularly, if they are Germanophilic Jews, added points if they do apologetics for Nazi Germany or Holocaust deniers.

The Regnery Circus platform was The Voice of Reason Broadcasting Network a few years back. Now defunct, the circus functions through a few Youtube channels.

Josh Neal shows all the hallmarks of being a focal point for its rounds, many of the same ironic combination of Nazi apologetics and Jews/those who believe that Jews should be included in orchestrating White advocacy.

Recently, Josh was talking to Brett Stevens - the guy and his site, “Amerika,” are clearly shills for Jewish interests.

Ovfuckyuou is playing the Carolyn Yeager role of pure Nazi.

I know, I know, it’s 4D chess, the Rubix Cube.

Interestingly, in his last talk with Eccelux (and Faustian Spirit), ovfuckyou had the nerve to say that ‘there’s a void resulting from White people being cast into a binary decision between liberalism or Nazism’ when in fact, I’ve been offering a clear alternative to that for ten years now - while ovfuckyou talked and blustered over me when I attempted to articulate this position.

Here are some of the perfidies that ovfuckyou tried to put across as “argument”:

When I said that I wash my hands of coal burners (burn the coal pay the toll), ovfuckyou issued the ridiculous non-sequitur that I was being ‘hypocritical’ in not believing that nationals, e.g., French, defending their nations and people against Nazi Germany should die.

He said that.

Just to test further how absurd he might be, I asked, what would you expect me to say to Polish people regarding Hitler?

Ovfuckyou said that I should say to them that “Hitler was not so bad.” He said that, he really said that. I laughed, genuinely.

On two different occasions he spoke of the good relations between Germans, including Nazi Germany, and Russia.

Do I really need to look beyond the Leningrad and Stalingrad to cite examples of how relations were not necessarily so great between Hitler’s platform and the Russian folk? How about the Russian rapes of German women by war’s end for good Russian/Nazi rapport?

Because I am not overly sympathetic to Germany’s arguments for WWI or WWII, let alone the destruction wrought by their war efforts in both cases, citing examples of destruction that ovfuckyou apparently didn’t want to hear about, he tried to insist that I was anti German.

I repeat, in truth, that I am not anti German. I advocate Germans as I advocate all European peoples; but not only as arbitrary Europeans, I advocate the maintenance of our discreet kinds; in other words, Germany as an ethnostate for Germans and the capacity of German diaspora to maintain their kinds as well, whether coordinated through the DNA Nations or their German clubs and so on… the same rule structure that I advocate for all European peoples.

When it would become clear to him that there were cogent White Nationalist arguments to be made without, even against the Nazi position, ovfuckyou not only tried to talk over, but to shout over; and when I recognized that he’s not going to talk in good faith and rose above his din by raising my own volume, he tried to say that he was triggering me and had won the debate - said that he couldn’t believe that I was Italian because Italians are not so “thin-skinned.”

First of all, I thought that Italians were notoriously temperamental - my family certainly was.

Secondly, why would I be so “thin skinned” as to not want to platform his stupidity, for ‘little issues’ like not wanting to include Hitler redemption in a WN platform, nor wanting to be bothered with holocaust denial - why would I be ‘so thin skinned as to not want to be associated with that?’

OvFredo presses down on his diaphragm for his trademark “well adjusted” fake chuckle that’s supposed to unnerve and disarm.

When it didn’t work, when I did not want to be bothered with this recalcitrant idiot, he proceeded to berate me as a faggot, a Pollock and he said he would kick my ass. Ecce and I were off the air with ovfuckyou when he launched into this little tirade.

Look at him. Who’s ass is he going to kick? Who is he going to unite with this sort of incitement under the banner of Hitler?

This was followed by a series of abusive emails from ovfuckyou - all because I don’t love Hitler.

It’s not enough to be ok with Germans, to want to ally with them, to fight on the same side in coordination of their interests, to advocate their German ethnostate, their diasporic species, not enough to view Jews as other, aliens with interests other than ours, predominantly hostile, requiring separatism - no. If I don’t love Hitler this asshole is going to to try to trash me.

The road to hell can be paved with bad intentions as well.

I’m asking you too, Ecce. Is that too hard a Rubix cube? Is there a sack big enough to accommodate ovfuckyou’s shit?

And yet Ecce is all cool with him, says I’m being over sensitive.

Perhaps the Regnery Circus might be there to rescue and underwrite ovfuckyou. Josh Neal endorses him. Checking all the right boxes.

“Unite the right”, works real good

.................

In sum, for me to take the honest position of advocating all European peoples, and the maintenance of their discreet kinds - I’m an ethnonationalist, so, Germany for Germans - and to extend the DNA Nations to maintain the discreet kinds of Europeans in diaspora as well; and furthermore, to say that I do not want present day Germans to feel guilty about history, nor do I - this was not enough for ovfuckyou. He starts attacking me, trying to belittle me as a “Pollock” and a “faggot”, and ostracize because I won’t genuflect to Hitler.

Watch it kiddo. The road to hell can be paved with bad intentions as well.

I’ve invited ovfuckyou to Europe, including Poland and parts east. You can tell the people for yourself how great Hitler was, how he was “not that bad.”

Ovfuckyou, your stupidity is so destructive that there is no negative consequence that could come to you that would not leave me feeling just fine about it.

Whitney Webb interviewed about her research: Epstein May Be Just One Part of an Intricate Network of Sex and Power

Did Jeffrey Epstein Personally Set Off the Financial Crash of 2008?

STEVE SAILER, 14 Aug 2019:

As you may recall, the timeline of the 2008 financial collapse got serious in March 2008, when the Wall Street firm of Bear Stearns started to go under due to mortgage-based securities. The New York Fed tried to bail Bear Stearns out, but it still became insolvent anyway. Then in September 2008, Lehman Brothers started to drown as well. Thinking that the lesson of Bear Stearns was to not throw good money after bad, the authorities let Lehman go under, which then set off global panic.

Interestingly, Jeffrey Epstein may have personally initiated the dominos falling that eventuated in the collapse of Bear Stearns by asking, on April 18, 2007, for his $57 million back from a hyper-leveraged Bear Stearns hedge fund investing in mortgage-based financial gimcrackery.

Oddly, this might be one of the few actions I’ve heard about Epstein that isn’t obviously shady. He probably got the $57 million in the first place in a crooked manner, but he had the right to try to retrieve what was left of his money.

From the New York Times financial section in 2007:

More Bad News for Jeff Epstein?

BY DEALBOOK JULY 11, 2007

It was just about a year ago that Jeffrey Epstein, the reclusive financier, was being charged with soliciting prostitutes in Palm Beach, Fla. He may now have another image problem on his hands.

BusinessWeek reports that Mr. Epstein’s Virgin Islands-based money-management firm, Financial Trust Company, is listed in a filing with the Securities and Exchange Commission as a stakeholder in Bear Stearns‘s High-Grade Structured Credit Strategies Enhanced Leverage Fund, which became much easier to refer to in recent weeks as “Bear Stearns’ collapsing hedge fund.”

It is a tantalizing nugget of information about someone who rarely discloses anything about his business or his billionaire clients. Despite his penchant for privacy, Mr. Epstein runs in prominent circles: he once flew former President Bill Clinton on his 727.

Regulatory filings show that Mr. Epstein’s firm had voting power over 10 percent of the equity in the Bear Stearns fund, which, aided by loans from some of Wall Street’s biggest banks, bet heavily on the securities linked to the market for subprime mortgages, or those to homeowners with weak credit histories.

As the subprime mortgage market has been rocked by a rise in defaults, many of those bets have gone bad. As of the end of April, the Bear fund was down 23 percent for the year.

Mr. Epstein did not respond to BusinessWeek’s calls, and his lawyer had no comment.

We now know that Epstein had invested $57 million in this Bear Stearns fund run by Ralph Cioffi and Matthew Tannin, two of very few Wall Street executives ever put on criminal trial over The Crash. (They beat the rap.)

From “The Secret History of the Bear Stearns Crash” in Fortune in 2009 by William Cohen:

After 40 months of positive returns, the sudden and sharp decline in the two hedge funds was new territory for Cioffi and Tannin. They struggled mightily to figure out what to do. On April 18, one of Cioffi’s investors, who had $57 million invested, informed him that he was considering redeeming his money.

The unnamed investor wanting his money back was very likely Jeffrey Epstein.

Cioffi told the investor that the portfolio managers had $8 million of their own money invested, one-third of their liquid net worth. He neglected to tell the investor that he had taken $2 million of his own money out and invested it in his other hedge fund. …

Epstein appears to have been one day ahead of Cioffi and Tannin in figuring out the end was nigh:

[Tannin] went on to wonder whether the funds should be closed or significantly restructured. The argument for closing the funds was based on the market and on a complex internal April 19, CDO report, which was a new analysis that Tannin had recently perused. “If we believe the [new CDO report] is ANYWHERE CLOSE to accurate, I think we should close the funds now. The reason for this is that if [the CDO report] is correct, then the entire subprime market is toast,” wrote Tannin. “If AAA bonds are systematically downgraded, then there is simply no way for us to make money – ever.”

Wikipedia now synthesizes the bits and pieces that have appeared here and there over the years:

In August 2006, Epstein, a month after the federal investigation of him began,[56] invested $57 million in the Bear Stearns High-Grade Structured Credit Strategies Enhanced Leverage hedge fund.[55][59] This fund was highly leveraged in mortgage-backed collateralized debt obligations (CDOs).[59] On April 18, 2007, an investor in the fund, who had $57 million invested, discussed redeeming his investment.[60] At this time, the fund had a leverage ratio of 17:1, which meant for every dollar invested there were seventeen dollars of borrowed funds; therefore, the redemption of this investment would have been equivalent to removing $1 billion from the thinly traded CDO market.[61] The selling of CDO assets to meet the redemptions that month began a repricing process and general freeze in the CDO market. The repricing of the CDO assets caused the collapse of the fund three months later in July, and the eventual collapse of Bear Stearns in March 2008. It is likely Epstein lost most of this investment, but it is not known how much was his.[60][59]

By the time that the Bear Stearns fund began to fail in May 2007, Epstein had begun to negotiate a plea deal with the U.S. Attorney’s Office concerning imminent charges for sex with minors.[55][56] In August 2007, a month after the fund collapsed, the U.S. attorney in Miami, Alexander Acosta, entered into direct discussions about the plea agreement.[56] Acosta brokered a lenient deal, according to him, because he had been ordered by higher government officials, who told him that Epstein was an individual of importance to the government.[40] As part of the negotiations, according to the Miami Herald, Epstein provided “unspecified information” to the Florida federal prosecutors for a more lenient sentence and was supposedly an unnamed key witness for the New York federal prosecutors in their unsuccessful June 2008 criminal case against the two managers of the failed Bear Stearns hedge fund. Alan Dershowitz, one of Epstein’s Florida attorneys on the case, told FOX Business “We would have been touting that if he had [cooperated]. The idea that Epstein helped in any prosecution is news to me.”[55][6][62]

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Unite the Right Charlottesville: successful neocon/liberal operation forces wedge against paleo-Cohn

Though previously fired over clandestine meetings with Israelis, Priti Patel named UK home secretary

Salvini tells Richard Gere to fly the 160 stranded migrants to Hollywood and house them in his villas

Voice of Europe, 12 August 2019:

Hollywood millionaire Richard Gere has called upon the Italian government to assist migrants who have been stranded on a Spanish charity boat in the Mediterranean for more than a week.

The Italian government needed to stop “demonizing people”, the actor said.

Gere boarded the vessel, which has been blocked from entering Italian waters, on Friday.

Italy’s Deputy Prime Minister Matteo Salvini hit back, saying Gere should take the 160 migrants to Hollywood.

Gere, who visited the Open Arms ship in a show of support, also joined a news conference on the Italian island of Lampedusa calling for the migrants to be allowed to dock.

He made comparisons between Salvini, who has made repeated efforts to block migrant ships from docking in Italy, and US President Donald Trump, who has faced widespread criticism for his immigration policies.

“We have our problems with refugees coming from Honduras, Salvador, Nicaragua, Mexico… It’s very similar to what you are going through here”, he said, accusing both politicians of demonizing migrants.

“This has to stop everywhere on this planet now. And it will stop if we say stop”, he added.

It didn’t take Salvini long to respond.

“Given this generous millionaire is voicing concern for the fate of the Open Arms migrants, we thank him: he can take back to Hollywood, on his private plane, all the people aboard and support them in his villas. Thank you Richard!”, he said in a statement. Over the course of a career spanning more than 40 years, Gere, 69, has starred in films including Pretty Woman, American Gigolo and An Officer and a Gentleman.

A campaigner for environmental causes and AIDS awareness, he is also a Buddhist who pays regular visits to Dharamshala, the headquarters of the Tibetan government-in-exile.

Richard Gere is worth an estimated £100million according to the website celebritynetworth.com.

Salvini, whose party made sweeping gains in last year’s Italian general election, has pledged to deport 500,000 migrants by 2023. Earlier this week he tabled a motion of no confidence in his own government, in a bid to force through a snap election and take control from his coalition partners Five Star Movement.

Blacks as a biological weapon of the right

Threat, intimidation, shock and awe, extortion:

Just because public money in the form of Welfare, Foodstamps, Medcaid, Social Security, Government Programs, Scholarships and so on, is not considered “private”, i.e., “their per capita income”, does not mean that black woman have a disadvantaged economic basis, one which is in important ways more secure, not exactly at a disadvantage, in crucial life matters such as the capacity to have children - quite the opposite: they do not have to work and can just take their time and headspace to have children at everyone’s expense, who then register as more “blacks” come black women who have “five dollars a year net worth.”

Ridiculous.

There is also a factor of money that might funnel to them through crime - which might be spun by liberals into an expression of victimization. But if they get away with that additional income, it is not as if their only other recourse was welfare.

Blacks have an advantage when it comes to education through school or college of any kind, public or private.

After their educational advantage, educated black women make more money than White women. 

If they do not choose to go to college, or trade school, blacks have a tremendous advantage with government jobs, such as the US Post Office or Public Transit or universities - which offer excellent benefits and retirement plans - if they do care to work. Actually, they have advantage with private business and corporations as well! In a word, what the hell are you talking about when you expect me to feel sorry for these people?

And all many of us White people want to do with them is nothing. We are repulsed from joining these public situations with them knowing that it will lead to straight out lineal extinction, a harrowing nightmare for what White children do survive for a time or Mulatto grandchildren, ultimately.

There is also a factor now of above board wealth among blacks that is not being factored into these statistics parceled out discreetly as ‘black woman poverty’ (which frankly is not my concern anyway).

In addition, there are the intangibles - black solidarity, the taboo and danger of criticizing and discriminating against them - “racism!” - to go along with their warrior gene, high testosterone hyper assertiveness and lack of impulse control that makes them a great weapon of fecundity, disingenuous self righteousness - along with the ever present threat of violence and riot to extort the system - and when you look like many of them do and cannot rise to wealth through protracted intellectual effort, what do you have to lose? - now even seeking reparations for slavery on top of the trillions they’ve already received in a program of White r-p-a-c-m-nt (a word forbidden to be used by us “privileged people”), on behalf of those who would wallpaper over the decency and expense of those offering the coordination of White Left ethnonationalism.

Do you seriously expect me to care about these people who are so destructive to ordinary and working class Whites? These blacks, who Right Wingers brought to bear against us, to the destruction of millions of our loving brothers and sisters, would-be sons and daughters? Whites who are not even allowed to organize in group defense? Not to mention the Caribbean and other Native American Indians. 

Blacks know the ropes of the American system and work it much better than other groups, for example, some White peoples who are often more recently immigrated and not powerfully supported as a group by YKW language games. 

While right wingers and lucky liberals intermarry with the YKW and continue this pig game…

This is how marginalized White men are made into cows along with the rest of the working/labor surplus world, to pay to make these fat asses even fatter (some now hidden beneath a burka) and more fecund to the detriment of all…to supply their feral sons and their feral black fathers with veritable harems as they go on to impregnate naive Hispanic, Indio and White women..and yes, Asian women too, in order to mix away the would-be left ethnonationalist unions/coalition in favor of one ruler, Abrahams’ favorite sons and daughters.

Stop wallpapering Whites, depicting all White men as powerful, privileged elite. Stop characterizing White right wingers, elite traitors that they are, taking the payoff with “fellow Whites” YKW - the truly organized oppressors - as if they represent us - they do not.

Stop using black biopower, its ugly violent element with nothing to lose, against us to destroy our marginals- who would otherwise begin to help manifest the union bounds that could form coalitions to hold right wing perfidy, betrayal and exploitation to account.

Just like Muslims, many blacks are well suited to be biological weapons of the right wing by nature, and those who seek to bring them to bear against other solidarities/unions, in the name of pity and self righteousness are perpetrating atrocity. Those women who bring them to bear and exploit against other peoples, pretending that it is out of sensitivity and compassion ought rather go and live with them in the societies that stem from their nature.

There has been a ramped-up effort since 2008 to identify White activism with “the right” and to join forces, even to the point of amalgam with YKW against “the left”....but if Non-White left ethnonationalists join forces with the Jewish, anti-White program - that Whites are responsible for the world’s problems - all of them! - to the point of wallpapering over White left ethnonationalism, it will be at the loss of one of their greatest potential allies in staving off their becoming a part of an ongoing disaster of Brazilification, for all its human and other ecological disaster - while these people who you rightfully hate get away with it.