The collapse of the Bear Stearns High-Grade funds and the Epstein connection (2006-2009)
Summary
Detailed timeline of Epstein’s $57M investment in the Bear Stearns High-Grade Structured Credit Strategies Enhanced Leverage Fund and the fund’s collapse, one of the triggering events of the 2007-2008 financial crisis. Contextualization of the historical Epstein-Bear Stearns relationship (1976-2008) and analysis of the potential role of Epstein’s redemptions in the liquidation spiral.
Detailed context
Detailed timeline of Epstein's $57M investment in the Bear Stearns High-Grade Structured Credit Strategies Enhanced Leverage Fund and the collapse of this fund, one of the triggering events of the 2007-2008 financial crisis. Contextualization of the historical Epstein-Bear Stearns relationship (1976-2008) and analysis of the potential role of Epstein's redemption in the liquidation spiral.