HOLY F**K EPSTEIN was part of the financial collapse of 2007/08 and bear Stearns.
ttps://en.wikipedia.org/wiki/Jeffrey_Epstein
Liquid Funding Ltd.
Epstein was the president of the company Liquid Funding Ltd. between 2000 and 2007.[53][54] The company was an early pioneer in expanding the kind of debt that could be accepted on repurchase, or the repo market, which involves a lender giving money to a borrower in exchange for securities that the borrower then agrees to buy back at an agreed-upon later time and price. The innovation of Liquid Funding, and other early companies, was that instead of having stocks and bonds as the underlying securities, it had commercial mortgages and investment-grade residential mortgages bundled into complex securities as the underlying security.[53]
Liquid Funding was initially 40 percent owned by Bear Stearns. Through the help of the credit rating agencies – Standard & Poor's, Fitch Ratings and Moody's Investors Service – the new bundled securities were able to be created for companies so that they got a gold-plated AAA rating. The implosion of such complex securities, because of their inaccurate ratings, led to the collapse of Bear Stearns in March 2008 and set in motion the Financial Crisis of 2007–2008 and the subsequent Great Recession. If Liquid Funding was left holding large amounts of such securities as collateral, it could have lost large amounts of money.[53][55]
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]
