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Speaker 1: Well, the intersection with the global financial crisis specifically is a wild story that to be truly told, you need to put the evidence on screen as well. But the short version is that he had a company called Liquid Funding Limited that was domiciled in The Bahamas that was partially owned by Bear Stearns. And Bear Stearns, you know, is where he had come up for a long time. And Liquid Funding Limited was selling CDOs, the same types of CDOs that eventually caused the global financial crisis. It was capitalized at, I believe, dollars 100,000,000 and allowed to sell $20,000,000,000 with a B of CDOs.
Speaker 1: And I actually just was looking at that statistic earlier today because this is the craziest story. And that little CDO factory that Jeffrey Epstein was running tied into Bear Stearns. And if you recall, Bear Stearns was one of the, you know, the first to collapse, right? That shut down in the months directly preceding Bear Stearns starting to collapse. And Jeffrey Epstein redeemed all of those CDOs, all of those assets.
Speaker 1: The terms are I don't know the technical terms for what he did. But basically, he made a run on the bank on those exact assets that were the exact problem. And he was tied into the exact bank that was financially distressed. And then he wound that whole company, Liquid Funding Limited, up and disappeared. And later, JPMorgan, the bank that he later worked with after, you know, Bear Stearns was his early banking career, and then he later was doing all of his money laundering and banking and referring of people at JPMorgan, They came in, swooped up Bear Stearns for pennies on the dollar.
Speaker 1: They also later spun Liquid Funding Limited back up. There's a whole There's a very overt financial paper trail that Jeffrey Epstein was better acquainted with the problem than almost anyone in the world because he was deeply enmeshed in Bear Stearns and knew the leadership of Bear Stearns very well. And he understood CDOs, he was selling CDOs. And then he just so happens to wind his whole shop up and close it down and redeem it all right at the moment when things are about to go bust. So, that's a wild rabbit hole, and it's very interesting.
Speaker 0: I mean, what is that? I mean, that suggests Well, it doesn't suggest it's like direct evidence of, if I'm assuming we can verify what you're saying, that the biggest events in the world are actually not quite as organic or accidental as we're led to believe and that, you know, this is like puppet master stuff. Mean, it is. I don't know what to say. I don't want this to be true,
Speaker 1: but
Speaker 0: that's what it looks