09-25-2019, 03:17 PM
(This post was last modified: 09-25-2019, 03:22 PM by Firestarter.)
Taubman and Wexner
Alfred Taubman is best known as the chairman of auction house Sotheby’s. I´ve earlier posted in this thread on Wexner and Taubman both being on the board of directors of the Hollinger publishing company.
Alfred Taubman was also in the little black book of Epstein…
Alfred Taubman was very close to Jeffrey Epstein’s only known client – MEGA group member Leslie Wexner.
Alfred Taubman´s other 2 closest friends were MEGA group member Max M. Fisher and Milton Petrie.
In 1977, Taubman got together a group of investors, Fisher, Henry Ford II, Petrie, and West Coast developer Donald Bren, to buy the 68,000-acre Irvine Ranch - south of Los Angeles - for $337.4 million (outbidding Mobil Corp.’s offer).
In 1981, Taubman joined the board of New York City's Whitney Museum of American Art, and then Wexner joined in 1984.
In 1983, Taubman got together Fisher, Petrie, Ford, and Leslie Wexner to buy Sotheby's Holdings for $139 million. Prices of paintings jumped to the astronomical after the 1986 tax act made art donations to museums deductible, taking Sotheby's from a $6 million loss in 1984 to a $113 million profit in 1989.
The company went public in 1988 at $18 a share, and after a 2-for-1 split, the shares hit a high of $37 before falling off to $23 in the fall of 1989, when the stock market made a nose dive. Even at that “low” price, Taubman had a paper profit of some $400 million, and his associates gained another more than $200 million.
In one of those strange coincidences, only days before the price tumbled in November, Wexner sold Sotheby's stock at a 1,000% profit, when his business manager (Jeffrey Epstein?) sold $1.65 million worth of Wexner's shares. In September 1989, also shortly before the collapse, the children of Max Fisher sold 600,000 shares.
Even though it looks like they were using inside information at the expense of other shareholders, this cannot be proven.
In 1990, Wexner was helping Taubman to enter Manhattan real estate: https://money.cnn.com/magazines/fortune/.../index.htm
(http://archive.is/gnhLV)
In 2001, Taubman was convicted in the US District Court in New York of colluding with “Sir” Anthony Tennant, his counterpart at Christie’s. Taubman met Tennant 12 times in London and New York between 1993 and 1996. Taubman’s chief executive, Diana D. Brooks, the principal witness against him, testified that he directed her to meet with Christie’s chief executive, Christopher M. Davidge, to implement higher sellers’ fees and lower incentives to buyers.
This cheated buyers and sellers out of $100 million.
In 2002 Taubman was sentenced to 10 months in a low-security prison and was fined $7.5 million. In addition, Sotheby’s pleaded guilty to price fixing, paid a $45 million fine and settled a civil suit by aggrieved clients for $256 million.
Taubman reportedly paid $156 million of the civil costs, plus $30 million to settle a stockholders’ suit. In 2005, he sold his controlling interest in Sotheby’s for stock and $168 million in cash.
Taubman has claimed that he was framed by Sotheby's Diana Brooks (who served 6 months' house arrest) and Christopher Davidge after they had made plea bargain deals with prosecutors.
Tennant was also indicted, but under English law he couldn’t be extradited and never stood trial: https://www.ocregister.com/2015/04/19/de...land-deal/
According to 2 former Sotheby’s executives, Leslie Wexner profited from a highly questionable deal made by Epstein.
In 1994, Sotheby’s, where Wexner was a board director, was in negotiations to buy the site of a store in Manhattan. Since the talks were non-public, Sotheby’s directors were warned to make no transactions with their stock to avoid suggestions of insider trading. That that same year Wexner sold more than a million shares (according to Wexner, Epstein’s action).
According to the 2 Sotheby’s executives, A. Alfred Taubman was “furious with Wexner” and made Wexner leave the board the next year: https://vickyward.com/article/cnn-exclus...-mystique/
The following article, written shortly after Taubman’s death in 2015, describes how Les Wexner first met Alfred Taubman in 1970, and they became close friends later in the decade.
When Taubman was in jail, Wexner and his wife Abigail were on the shortlist of people allowed to visit, and they went once a month: https://www.forbes.com/sites/danalexande...es-wexner/
Jeffrey Epstein had been Leslie Wexner's personal investment manager and a trustee of 2 Wexner foundations.
In 1989, Wexner and Epstein bought a Manhattan mansion for $13.2 million, where Epstein lived for years. Nine years later, Wexner sold his interest in the property to Epstein for $20 million.
In December 2007, after Epstein had already been charged with paedophilia, the Wexners formed the YLK Charitable Fund, with Abigail Wexner as president. In January 2008, Epstein donated $47 million to it through his private foundation, COUQ, and his company, Financial Trust Co.
In December 2007, he also gave land in the New Albany development for $0 to the Wexners.
After Epstein was released from jail in July 2009, in December 2010 the YLK Charitable Fund was shut down and its remaining assets — about $33.3 million — were transferred to the Wexner Family Charitable Fund: http://archive.is/xcivj
(http://web.archive.org/web/2019092415325...-mystique/)
After Jeffrey Epstein died in prison very suddenly, Leslie Wexner explained that Epstein had “misappropriated more than $46 million” and that “All of that money — every dollar of it — was originally Wexner family money” (I count more than $60 million with 2 other deals with Epstein handing money to Wexner...): https://www.cnbc.com/2019/08/07/jeffrey-...-says.html
In another one of those strange coincidences, in 1999 Seagram Company Ltd. co-chairman Charles Bronfman paid almost $18 million for a duplex penthouse.
This was one of the 11 condos developed by by Alfred Taubman after they were purchased by Republic Bank founder Edmond Safra (who was involved in Iran-Contra) in 1997 for $31 million: https://observer.com/1999/10/charles-bro...d-taubman/
This last deal involved the Athena of one Louis Dubin, whose first wife, Tiffany Rounick, was Alfred Taubman´s stepdaughter: https://en.wikipedia.org/wiki/Louis_Dubin
The following picture shows Donald Trump and Melania very close to Henry Kissinger. On the far left is Adolph “Alfred“ Taubman.
This was taken at the celebration of Taubman’s book “Treshold resistance” in New York City, 10 April 2007.
Alfred Taubman is best known as the chairman of auction house Sotheby’s. I´ve earlier posted in this thread on Wexner and Taubman both being on the board of directors of the Hollinger publishing company.
Alfred Taubman was also in the little black book of Epstein…
Alfred Taubman was very close to Jeffrey Epstein’s only known client – MEGA group member Leslie Wexner.
Alfred Taubman´s other 2 closest friends were MEGA group member Max M. Fisher and Milton Petrie.
In 1977, Taubman got together a group of investors, Fisher, Henry Ford II, Petrie, and West Coast developer Donald Bren, to buy the 68,000-acre Irvine Ranch - south of Los Angeles - for $337.4 million (outbidding Mobil Corp.’s offer).
In 1981, Taubman joined the board of New York City's Whitney Museum of American Art, and then Wexner joined in 1984.
In 1983, Taubman got together Fisher, Petrie, Ford, and Leslie Wexner to buy Sotheby's Holdings for $139 million. Prices of paintings jumped to the astronomical after the 1986 tax act made art donations to museums deductible, taking Sotheby's from a $6 million loss in 1984 to a $113 million profit in 1989.
The company went public in 1988 at $18 a share, and after a 2-for-1 split, the shares hit a high of $37 before falling off to $23 in the fall of 1989, when the stock market made a nose dive. Even at that “low” price, Taubman had a paper profit of some $400 million, and his associates gained another more than $200 million.
In one of those strange coincidences, only days before the price tumbled in November, Wexner sold Sotheby's stock at a 1,000% profit, when his business manager (Jeffrey Epstein?) sold $1.65 million worth of Wexner's shares. In September 1989, also shortly before the collapse, the children of Max Fisher sold 600,000 shares.
Even though it looks like they were using inside information at the expense of other shareholders, this cannot be proven.
In 1990, Wexner was helping Taubman to enter Manhattan real estate: https://money.cnn.com/magazines/fortune/.../index.htm
(http://archive.is/gnhLV)
In 2001, Taubman was convicted in the US District Court in New York of colluding with “Sir” Anthony Tennant, his counterpart at Christie’s. Taubman met Tennant 12 times in London and New York between 1993 and 1996. Taubman’s chief executive, Diana D. Brooks, the principal witness against him, testified that he directed her to meet with Christie’s chief executive, Christopher M. Davidge, to implement higher sellers’ fees and lower incentives to buyers.
This cheated buyers and sellers out of $100 million.
In 2002 Taubman was sentenced to 10 months in a low-security prison and was fined $7.5 million. In addition, Sotheby’s pleaded guilty to price fixing, paid a $45 million fine and settled a civil suit by aggrieved clients for $256 million.
Taubman reportedly paid $156 million of the civil costs, plus $30 million to settle a stockholders’ suit. In 2005, he sold his controlling interest in Sotheby’s for stock and $168 million in cash.
Taubman has claimed that he was framed by Sotheby's Diana Brooks (who served 6 months' house arrest) and Christopher Davidge after they had made plea bargain deals with prosecutors.
Tennant was also indicted, but under English law he couldn’t be extradited and never stood trial: https://www.ocregister.com/2015/04/19/de...land-deal/
According to 2 former Sotheby’s executives, Leslie Wexner profited from a highly questionable deal made by Epstein.
In 1994, Sotheby’s, where Wexner was a board director, was in negotiations to buy the site of a store in Manhattan. Since the talks were non-public, Sotheby’s directors were warned to make no transactions with their stock to avoid suggestions of insider trading. That that same year Wexner sold more than a million shares (according to Wexner, Epstein’s action).
According to the 2 Sotheby’s executives, A. Alfred Taubman was “furious with Wexner” and made Wexner leave the board the next year: https://vickyward.com/article/cnn-exclus...-mystique/
The following article, written shortly after Taubman’s death in 2015, describes how Les Wexner first met Alfred Taubman in 1970, and they became close friends later in the decade.
When Taubman was in jail, Wexner and his wife Abigail were on the shortlist of people allowed to visit, and they went once a month: https://www.forbes.com/sites/danalexande...es-wexner/
Jeffrey Epstein had been Leslie Wexner's personal investment manager and a trustee of 2 Wexner foundations.
In 1989, Wexner and Epstein bought a Manhattan mansion for $13.2 million, where Epstein lived for years. Nine years later, Wexner sold his interest in the property to Epstein for $20 million.
In December 2007, after Epstein had already been charged with paedophilia, the Wexners formed the YLK Charitable Fund, with Abigail Wexner as president. In January 2008, Epstein donated $47 million to it through his private foundation, COUQ, and his company, Financial Trust Co.
In December 2007, he also gave land in the New Albany development for $0 to the Wexners.
After Epstein was released from jail in July 2009, in December 2010 the YLK Charitable Fund was shut down and its remaining assets — about $33.3 million — were transferred to the Wexner Family Charitable Fund: http://archive.is/xcivj
(http://web.archive.org/web/2019092415325...-mystique/)
After Jeffrey Epstein died in prison very suddenly, Leslie Wexner explained that Epstein had “misappropriated more than $46 million” and that “All of that money — every dollar of it — was originally Wexner family money” (I count more than $60 million with 2 other deals with Epstein handing money to Wexner...): https://www.cnbc.com/2019/08/07/jeffrey-...-says.html
In another one of those strange coincidences, in 1999 Seagram Company Ltd. co-chairman Charles Bronfman paid almost $18 million for a duplex penthouse.
This was one of the 11 condos developed by by Alfred Taubman after they were purchased by Republic Bank founder Edmond Safra (who was involved in Iran-Contra) in 1997 for $31 million: https://observer.com/1999/10/charles-bro...d-taubman/
This last deal involved the Athena of one Louis Dubin, whose first wife, Tiffany Rounick, was Alfred Taubman´s stepdaughter: https://en.wikipedia.org/wiki/Louis_Dubin
The following picture shows Donald Trump and Melania very close to Henry Kissinger. On the far left is Adolph “Alfred“ Taubman.
This was taken at the celebration of Taubman’s book “Treshold resistance” in New York City, 10 April 2007.
The Order of the Garter rules the world: https://www.lawfulpath.com/forum/viewtop...5549#p5549