James E. Cayne, former Chairman and CEO of Bear Stearns, provides an affidavit in the arbitration case between Financial Trust Company, Inc. and The Couq Foundation, Inc. against Warren Spector. Cayne details Spector's role and responsibilities at Bear Stearns, particularly in relation to the management of the Bear Stearns High-Grade Structured Credit Strategies funds, which collapsed. Cayne accuses Spector of mismanagement, deceit, and failing to properly oversee risk management, leading to significant financial losses and Spector's forced resignation. Cayne also mentions introducing Spector to Jeffrey Epstein, which he regrets.
documents/EFTA00725241.pdf
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