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‘Epstein was running a blackmail scheme under the cover of a hedge fund’: NY magazine reports on Wall St speculation

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Convicted sex offender Jeffrey Epstein claims to be a billionaire hedge fund manager. But his real business may have been a blackmail scheme that could end up implicating many of his powerful friends.

“Given this puzzling set of data points, the hedge-fund managers we spoke to leaned toward the theory that Epstein was running a blackmail scheme under the cover of a hedge fund,” New York Magazine reported Thursday.

The magazine spoke with multiple Wall Street insiders for the story, including Douglas Kass of Seabreeze Partners Management.

“I’m hearing about the parties, hearing about a guy who’s throwing money around,” Kass, who lives in Palm Beach, Florida. “I went to my institutional brokers, to their trading desks and asked if they ever traded with him. I did it a few times until the date when he was arrested. Not one institutional trading desk, primary or secondary, had ever traded with Epstein’s firm.”

“How did he get the money?” Kass kept investigating.

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“I don’t know anyone who’s ever invested in him; he’s never talked about by any of the allocators,” a billionaire hedge-fund manager told the magazine.

Kass was one hedge-fund manager who emailed around a Twitter thread explaining how such blackmail would work.

“This actually sounds very plausible,” former hedge-fund manager Whitney Tilson said while emailing the thread around to Wall Street colleagues.

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Here is the full thread by Quantian1:

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Man who believed ‘the Bible is for white people’ gets life in prison after setting black man on fire in gruesome murder

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A white man from Tennessee has been sentenced to life in prison after being convicted of murdering a black man by setting him on fire while he slept.

The Daily News Journal reports that 53-year-old John Carothers has pleaded guilty to murdering Robert Miller, a housemate who lived with him at the Frazier Young Supportive Living, which is a home for people with intellectual disabilities.

According to prosecutors, Carothers in March 2018 doused Miller in lighter fluid while he was asleep in his bed and then lit him on fire. Miller would subsquently die from burn-related injuries at the Vanderbilt University Medical Center in Nashville.

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‘There’s no racial tension’: Trump claims ‘fantastic relationships’ with black people after ‘go back’ tweet

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President Donald Trump asserted on Monday that he has "fantastic relationships" with the black community after he told four congresswomen to "go back" to where they came from.

At a White House meeting with Pakistan Prime Minister Imran Khan, Trump was asked if he was experiencing any blowback from the African-American community.

"There’s no racial tension," the president said, according to a pool report. "We have fantastic relationships with the African American community and I think you’ll see that in 2020."

Via pooler @DavidNakamura: T"rump says: 'There’s no racial tension.' Trump notes low unemployment for black Americans. 'We have fantastic relationships with the African American community and I think you’ll see that in 2020.' "

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Yale psychiatrist explains the root of Trump’s ‘pathological racism’

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On Monday morning, President Donald Trump once again escalated his conflict with "the Squad," the group of freshman Congresswomen of color he told to go back to their own countries. Although moderate Republicans had hoped last week that the President would tone down his remarks, on Monday he once again doubled down on Twitter.

"The “Squad” is a very Racist group of troublemakers who are young, inexperienced, and not very smart. They are pulling the once great Democrat Party far left, and were against humanitarian aid at the Border...And are now against ICE and Homeland Security. So bad for our Country!" he tweeted.

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