Ian Carroll contends that Jeffrey Epstein had prior knowledge of the financial distress affecting Bear Stearns and positioned himself to profit from it before the crisis unfolded.

“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 inshed in Bear Sterns and knew the leadership of Bear Sterns very well and he understood CDOS and he was selling CDOS's and then he just so hap”