HOUSE_OVERSIGHT_022064.jpg
1.92 MB
Extraction Summary
3
People
7
Organizations
2
Locations
2
Events
2
Relationships
3
Quotes
Document Information
Type:
Book excerpt / investigative journalism
File Size:
1.92 MB
Summary
This document is an excerpt from the book 'Filthy Rich' (pages 94-95), detailing the background of Bear Stearns partner [Ace] Greenberg and his recruitment philosophy. It describes Greenberg's preference for hiring 'PSDs' (poor, smart, and determined) individuals rather than Ivy League graduates. The text establishes the connection between Greenberg and Jeffrey Epstein, noting that Epstein was a teacher at the Dalton School who tutored Greenberg's son, Ted, and fit the profile of the unconventional talent Greenberg sought.
People (3)
| Name | Role | Context |
|---|---|---|
| Jeffrey Epstein | Teacher |
Teacher at the Dalton School; described as fitting Greenberg's bill for a 'PSD' (poor, smart, determined).
|
| Greenberg | Partner at Bear Stearns |
Ace Greenberg (implied); described as a 'pit bull', 'champion bridge player', and leader who hired unconventional tal...
|
| Ted | Greenberg's son |
Student tutored by Epstein (implied by 'ring his son Ted').
|
Organizations (7)
| Name | Type | Context |
|---|---|---|
| The Dalton School |
Prestigious K-12 school where Epstein taught.
|
|
| Bear Stearns |
Investment bank where Greenberg worked and built his team.
|
|
| Courant Institute |
Mentioned in relation to mathematical physiology.
|
|
| University of Missouri |
Where Greenberg graduated in 1949.
|
|
| University of Oklahoma |
Implied by 'of Oklahoma' in Greenberg's background description.
|
|
| Tavern on the Green |
Comparison for prestige.
|
|
| Century Association |
Comparison for prestige.
|
Relationships (2)
Text mentions Epstein tutoring his son Ted.
Greenberg took a 'special shine' to Epstein; Epstein fit Greenberg's bill perfectly.
Key Quotes (3)
"Jeffrey Epstein, the Dalton School teacher, fit Greenberg's bill perfectly."Source
HOUSE_OVERSIGHT_022064.jpg
Quote #1
"Greenberg didn't care about MBAs or Ivy League diplomas. What he cared about was raw talent and drive."Source
HOUSE_OVERSIGHT_022064.jpg
Quote #2
"he looked high (and especially low) for his "PSDs": men who, in his estimation, were poor, smart, and, above all, determined."Source
HOUSE_OVERSIGHT_022064.jpg
Quote #3
Full Extracted Text
Complete text extracted from the document (1,871 characters)
ERSON
There, at the Courant Institute
the mathematical physiology of
many college or university.
the mathematical physiology of
many college or university.
e Dalton School, a prestigious
Side. Like Tavern on the Green,
Century Association, Dalton is
K-12 rocket ship built for the
sses.
in, who has no college degree,
Side. Like Tavern on the Green,
Century Association, Dalton is
K-12 rocket ship built for the
sses.
in, who has no college degree,
his teens and already a teacher of
aid" is the Dalton School's credo.
adopted. For him, Dalton's an
aid" is the Dalton School's credo.
adopted. For him, Dalton's an
gh School. The kids he's teach-
parents are extremely well con-
uter-borough accent, he's careful
moment, he's one parent-teacher
ew world of possibilities.
lent student-to-teacher ratio, the
te well. Before long, a Wall Street
nberg has taken a special shine to
ring his son Ted.
parents are extremely well con-
uter-borough accent, he's careful
moment, he's one parent-teacher
ew world of possibilities.
lent student-to-teacher ratio, the
te well. Before long, a Wall Street
nberg has taken a special shine to
ring his son Ted.
me from a humble background.
ity shopkeeper, he won a football
of Oklahoma, transferred to the
ity shopkeeper, he won a football
of Oklahoma, transferred to the
94
FILTHY RICH
University of Missouri following a back injury, and graduated in
1949. That same year, he moved to New York and, after a series
of rejections at white-shoe firms—places that never would hire
a Jew—landed a job at Bear Stearns, earning $32.50 a week as a
clerk.
1949. That same year, he moved to New York and, after a series
of rejections at white-shoe firms—places that never would hire
a Jew—landed a job at Bear Stearns, earning $32.50 a week as a
clerk.
By 1958, he'd been made a full partner. Built like a pit bull,
Greenberg smoked cigars, performed coin tricks for his friends,
and always dressed in a bow tie. He was an all-elbows trader—
gruff, cheap, and, above all, impatient. He was also a champion
bridge player, a hunter of big game in Africa, and the firm but
loyal leader of the team he'd built at Bear Stearns—an unusual
team made up mostly of men who'd grown up in New York's
outer boroughs.
Greenberg smoked cigars, performed coin tricks for his friends,
and always dressed in a bow tie. He was an all-elbows trader—
gruff, cheap, and, above all, impatient. He was also a champion
bridge player, a hunter of big game in Africa, and the firm but
loyal leader of the team he'd built at Bear Stearns—an unusual
team made up mostly of men who'd grown up in New York's
outer boroughs.
Greenberg didn't care about MBAs or Ivy League diplomas.
What he cared about was raw talent and drive. Greenberg culti-
vated risk takers, unconventional thinkers, and he looked high
(and especially low) for his "PSDs": men who, in his estimation,
were poor, smart, and, above all, determined.
What he cared about was raw talent and drive. Greenberg culti-
vated risk takers, unconventional thinkers, and he looked high
(and especially low) for his "PSDs": men who, in his estimation,
were poor, smart, and, above all, determined.
Jeffrey Epstein, the Dalton School teacher, fit Greenberg's bill
perfectly.
perfectly.
95
HOUSE_OVERSIGHT_022064
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