EFTA00190116

LAW Offia• or 
GERALD B. LEFCOURT. P.C. 
Jeffrey Sloman, Esq. 
Matthew Menchel, Esq. 
Andrew Lourie, Esq. 
A. Marie Villafafia, Esq. 
The United States Attorney's Office 
Southern District of Florida 
July 6, 2007 
Page 21 
Mr. Epstein was part of the original group that conceived the Clinton Global 
Initiative, which is described as a project "bringing together a community of global 
leaders to devise and inclement innovative solutions to some of the world's most 
pressing challenges." Focuses of this initiative include poverty, climate change, global 
health, and religious and ethnic conflicts. 
Mr. Epstein has sought to improve people's lives through active participation in 
worthy scientific and academic research projects, as well. He spent hundreds of hours 
researching the world's best scientists, and he himself studied as a Harvard Fellow in 
order to increase his own knowledge in fields that he believed could provide solutions to 
the world's most difficult problems. He is committed to helping the right researchers find 
those solutions, especially in the fields of medical science, human behavior and the 
environment. 
In the past four years alone, Mr. Epstein has made grants to research programs at 
major institutions under the supervision of some of the most highly regarded research 
professionals and scholars in their fields, including Martin Nowak, a mathematical 
biologist who studies, among other things, the dynamics of infectious diseases and cancer 
genetics; Martin Seligman, known for his work on Positive Psychology — that is to say 
the psychology of personal fulfillment; Roger Schank, a leading researcher in the 
application of cognitive lear
a
tin theory to the curricula of formal education; the renown 
physicist/cosmologist 
Krauss, and many others. Institutions funded include 
Harvard University; Penn State University; Lenox Hill Hospital (New York); the 
Biomedical Research and Education Foundation; the Santa Fe Institute; Massachusetts 
Institute of Technology; Case Western Reserve University; and Harvard Medical School's 
Institute for Music and Brain Science. 
Moreover, Mr. Epstein has sponsored and chaired symposia that have provided a 
rare opportunity for the world's leading scholars and research professionals to share ideas 
across interdisciplinary lines. These leaders gather to discuss important and complex 
topics, including the origin of life, systems for understanding human behavior, and 
personal genomics. 
In order to expand the pool of qualified research professionals actively engaged in 
addressing the world's numerous problems, Mr. Epstein co-founded, and served as a 
trustee and actively participated in the selection committee of, the Scholar Rescue Fund. 
The Scholar Rescue Fund (SRF) is a program of the Institute of International Education, 
the group that, inter alia, administers the Fulbright Scholarship program. The SRF 
provides support and safe haven to scholars at risk from around the world. Over the past 
EFTA00190136

Lew OP#'CCS or 
GERALD B. LEP'COURT. P.C. 
Jeffrey Sloman, Esq. 
Matthew Menchel, Esq. 
Andrew Lourie, Esq. 
A. Marie Villafafia, Esq. 
The United States Attorney's Office 
Southern District of Florida 
July 6, 2007 
Page 22 
five years, SRF has made 155 grants to scholars from more than 37 countries. Scholars 
are placed at host universities in a safe country. More than 87 institutions around the 
world have hosted SRF scholars to date, including eight of the top ten universities in the 
United States. Most recently, SRF launched the Iraq Scholar Rescue Project to save 
scholars in Iraq, many of whom have been particularly targeted for kidnapping and death 
since the conflict there began. Mr. Epstein is a highly valued member of the selection 
committee. Just a few articles mentioning these and other projects are annexed at Tab 
"E". 
Even a casual review of the good works large and small in which he has involved 
himself leads one to conclude that he has a powerful instinct to help others. He does this 
not simply because he can, but because he has a deeply ingrained desire to do so. In fact, 
he believes that, as a result of his good fortune, he is obligated to do so. 
Since 2000, Mr. Epstein has funded educational assistance, science and research 
and community and civic activities. As you can see, his philanthropy is not limited to 
financial support. To the contrary, it has involved the dedication of a remarkable amount 
of his time and effort and has yielded admirable results. It is noteworthy that a majority 
of the people he has helped over the years have been those with whom he has had little or 
no contact, which further confirms that he derives no personal benefit from his good 
works, other than the personal satisfaction derived from using his good fortune to help 
others. 
The sincere devotion to others evidenced by Mr. Epstein's philanthropic activities 
is no less apparent in his interpersonal relationships. Mr. Epstein has maintained both 
long term significant, intimate as well as professional relationships. He remains close 
personal friends with people with whom he went to high school and, to this day, 
maintains close business contacts with his former colleagues at Bear Steams. Those who 
know Mr. Epstein well describe him admittedly as quirky but certainly not immoral; and 
overall as kind, generous and warm-hearted. They have remained staunch supporters 
despite the lurid media attention during this two-year investigation. 
Mr. Epstein acknowledges that the activities under investigation, as well as the 
investigation itself, have had and continue to have an unfortunate impact on many people. 
With a profound sense of regret, Mr. Epstein hopes to end any further embarrassment to 
all who are and who may become involved in this serious matter. Resolution of the 
outstanding charges in the state would put an appropriate end to the matter for everyone. 
EFTA00190137

r 
tr,t4 ornces or 
GERALD B. LEFCOURT. PC. 
Jeffrey Sloman, Esq. 
Matthew Menchel, Esq. 
Andrew Lourie, Esq. 
A. Marie Villafatia, Esq. 
The United States Attorney's Office 
Southern District of Florida 
July 6, 2007 
Page 23 
Again, we and our colleagues thank you for your attention at the June 26 meeting. 
I welcome any questions or comments you may have and am available to discuss this and 
any other issues at your earliest convenience. 
Very truly yours, 
Gam( A Lift
---
Gerald B. Lefcourt 
cc: Lilly Ann Sanchez, Esq. 
Roy Black, Esq. 
Alan I )ershowit/ 
EFTA00190138