One week ago, we asked a simple question in response to a NYT report that billionaire Leon Black, one of the brightest financial minds of this generation who is surrounded 24/7 by experts and specialists – and more importantly, his own paid employees – in absolutely every area of finance, paid “suicided” child molester and longtime pal Jeffrey Epstein $50 million after the deceased financier got out of prison for pedophilia.
Why?
Because the provided answer was ridiculous: according to Bloomberg, “For decades billionaire Leon Black turned to Jeffrey Epstein for financial advice.” But why would a billionaire financier need Epstein, who was through and through clueless about any sophisticated areas of finance, need to pay Epstein tens of millions for advice?
Neither did the answer given by Black’s spokeswoman make any sense: Black received “personal trusts and estates planning advice as well as family office philanthropy and investment services” from Epstein between 2012 and 2017. Wait… Black couldn’t get all of that for free from the the world’s biggest private equity company which just so happens he co-founded? Instead, he just had to pay Jeffrey $50 million.
“It is true that I paid Mr Epstein millions of dollars annually for his work,” said Black in a letter responding to the Times report. “It also is worth noting that all of Mr Epstein’s advice was vetted by leading auditors, law firms and other professional advisors” Black added in the process throwing virtually everyone under the bus, and adding that he had ‘once’ picnicked on Epstein’s private island with his family, and that he visited the dead pedophile ‘from time to time’ at his Manhattan townhouse…
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