Holy shit

Leon Black, founder and chief executive of private equity giant Apollo Global Management, is stepping aside after a review found he made larger-than-expected payments to the late Jeffrey Epstein.

The billionaire paid Epstein a total of $158m (£116m) in fees for advice on trust and estate tax planning in the five years to 2017, according to a report by law firm Dechert. This is much more than was previously known.

The amount was “intended to be proportional to the value provided”, according to the report, which added that Mr Black believed Epstein’s advice – vetted by outside lawyers – was worth as much as $2bn in value.

What value was Epstein providing that Deloitte’s wouldn’t?

18 thoughts on “Holy shit”

  1. Bloke in North Dorset

    “uriouser and curiouser” said the masses.

    “Nothing to see here, move along, move along. Look TRUMP” said the establishment.

  2. What horseshit. “I’ve done nothing wrong and these fees are reasonable, nevertheless I am stepping aside from my business and public life and retiring to my summer home located somewhere without an extradition treaty.”

  3. So Much For Subtlety

    OK. I have to say it. Yes it does look like Mr Black is Jewish.

    I am not sure what I would think if it turned out that there was a group of wealthy Jewish people who, perhaps with the Intelligence Services of Israel, were funding Epstein’s procurement of young girls to the wealthy and powerful. Certainly the State of Israel was very nice to Robert Maxwell after he died.

  4. I am not sure what I would think if it turned out that there was a group of wealthy Jewish people who, perhaps with the Intelligence Services of Israel, were funding Epstein’s procurement of young girls to the wealthy and powerful

    I would think “I hope our security services are equally good at getting kompromat on the rich and powerful; and if not, why not?”

  5. Surely it’s not beyond the wit of man to procure teenage girls for much less than $158m? Impoverished men in places like Rotherham seem to have no trouble. Presumably it’s hush money – but could there be more to it than that?

  6. I am not sure what I would think if it turned out that there was a group of wealthy Jewish people who, perhaps with the Intelligence Services of Israel, were funding Epstein’s procurement of young girls to the wealthy and powerful.

    A more straightforward reading would see these as payments for (past) consumption. The timing is off for your Jewish conspiracy.

  7. So Much For Subtlety

    Past consumption of what? Black says his financial advice was worth it – and that view seems to have cost him his job. So no one else agreed.

    Black paid him a fortune from 2012 to 2017. OK. But,

    “Epstein pleaded guilty and was convicted in 2008 by a Florida state court of procuring a child for prostitution and of soliciting a prostitute.”

    So Black knew Epstein was a child sex offender. Still gave him a huge sum of money. What consumption?

    Ultimately there is probably an innocent, or at least a less guilty, explanation of what Epstein was up to. But it looks very odd.

  8. ” The timing is off for your Jewish conspiracy.”

    Or: ” There’s none so blind as those who will not see”.

    The word ‘conspiracy’ exists because conspiracies do.

    Nobody really seems to know how Epstein legitimately became wealthy, if you posit that he was an Israeli intelligence operative and that wealthy Jews in the diaspora assist Israeli ops abroad, they do – see ‘By Way of Deception’ by Victor Ostrovsky and Claire Hoy, a lot of things start to make sense.

  9. . . . knew Epstein was a child sex offender. Still gave him a huge sum of money. What consumption?

    What’s the likelihood the Israeli government and associated Jews were funding Epstein’s procurement of young girls to the wealthy and powerful after Epstein was exposed and imprisoned in 2008?

    What’s the likelihood that one of the wealthy and powerful previously supplied with young girls was being blackmailed by Epstein after the latter’s release from prison?

    Which scenario is more likely?

  10. “The billionaire paid Epstein …”: did he indeed? Or did the company?

    Anyhoo, did Epstein kill himself?

  11. ” I am detecting a pattern in Jonathan’s contributions.”

    Lol.

    Unless Jews are a special protected class that we mortals aren’t allowed criticise, I’ll keep pointing out their egregious behaviour.

  12. What value was Epstein providing that Deloitte’s wouldn’t?

    Deloitte would have charged double that for 5 years of a spotty-faced, wet behind the ears, new graduate.

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