Relationship Details

This document contains pages 110 and a partial adjacent page from a book (Chapter 27) detailing the background of Steven Hoffenberg and his company, Towers Financial Corporation. It describes Hoffenberg's business of buying debt, his outsider status on Wall Street, and his decision around July 1987 to hire Jeffrey Epstein—a former Bear Stearns trader—to gain access to Wall Street's inner workings. The text also alludes to Hoffenberg's future criminal legal issues, comparisons to Bernie Madoff, and an attempted takeover of Pan Am.

This document is an excerpt from Chapter 27 of a book detailing the relationship between Steven Hoffenberg and Jeffrey Epstein, specifically centered around July 1987. It describes Hoffenberg's company, Towers Financial Corporation, and his motivation for hiring Epstein to gain Wall Street respectability. The text also alludes to Hoffenberg's eventual criminal conspiracy and comparisons to Bernie Madoff.