The Seagrams Company Ltd. is our FIRST connection detailed between Edper and Epstein.
In 1975, an agreement was reached with Edper that would leave Eagle Star with a controlling interest in Trizec, while effective control would move to a new Brofman-controlled holding company, Carena Properties. By 1976, the Bronfmans took control of Trizec and moved the head office to Calgary. By 1979, Trizec's assets surpassed $1 billion in value.
Epstein's career began even earlier, when he started working as a physics and mathematics teacher at the Dalton School in Manhattan in 1974. He transitioned to finance in 1976, joining Bear Stearns, where he worked with wealthy clients.
In April 1981, shortly after leaving Bear Stearns, Epstein was questioned by the Securities and Exchange Commission (SEC) as part of an insider-trading investigation related to a corporate takeover offer by the Seagram Company.
In 1981, the Toronto-based Continental Bank of Canada was created, with Hees International holding the largest block of shares. By 1986, the bank was the 6th largest Canadian retail bank and the 15th largest financial institution in the country. That same year it acquired by UK-based Lloyds Bank which in turn was later acquired by Hong Kong Bank of Canada.
In the 1980s, Donald Trump bought the West Side Yards, an abandoned railroad yard along the Hudson River in midtown Manhattan, but in the 1990s was forced by his bankers to sell 70% to a group of Hong Kong investors. They developed the site, then sold it in 2005, spending the proceeds on 1290 Sixth Avenue and a San Francisco skyscraper, with Trump receiving 30% ownership of both. The Hong Kong investors then sold their share to Roth, making Roth and Trump business partners.
Daniel Patrick Moynihan (March 16, 1927 - March 26, 2003) was an American politician, diplomat and social scientist.' A member of the Democratic Party, he represented New York in the United States Senate from 1977 until 2001 Through Senator Moynihan, Elliott Abrams was introduced to Rachel Decter, the stepdaughter of Moynihan's friend Norman Podhoretz, They were married from 1980 until her death in June 2013
Will Rogers coined the term "trickle-down theory" to mock the policies of President Herbert Hoover during the 1932 election. Rogers's sarcastic comments suggested that economic benefits given to the rich would eventually "trickle down" to the rest of the population. Modernization: The term was applied to President Ronald Reagan's economic policies, known as "Reaganomics," in the 1980s. The Economic Recovery Act of 1981, which significantly cut taxes for corporations and high-income earners
