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Hold up Hades!
Pardon.
Paul's gotta unpack.
Robert J. Ruttenberg:
▪️Manhattan Research, LLC - Think Tank √
▪️Gryphon Development - Leslie "Cats!" Wexner √
▪️Warner Cosmetics|Warner Communications - Blavatnik √
▪️Cosmair - L’Oréal - Bettencourt √
▪️Revlon - Ron Perelman √
Pardon.
Paul's gotta unpack.
Robert J. Ruttenberg:
▪️Manhattan Research, LLC - Think Tank √
▪️Gryphon Development - Leslie "Cats!" Wexner √
▪️Warner Cosmetics|Warner Communications - Blavatnik √
▪️Cosmair - L’Oréal - Bettencourt √
▪️Revlon - Ron Perelman √
All right.
Here's some brief
Robert J. Ruttenberg:
Leslie Wexner's *associate
▪️Manhattan Research, LLC
Think Tank🧠
Provides info on
issues, attitudes + trends
related 2 tech use
+ adoption by consumers
+ health pros.👈
Decision Resources Group 📌
en.wikipedia.org/wiki/Manhattan…
Here's some brief
Robert J. Ruttenberg:
Leslie Wexner's *associate
▪️Manhattan Research, LLC
Think Tank🧠
Provides info on
issues, attitudes + trends
related 2 tech use
+ adoption by consumers
+ health pros.👈
Decision Resources Group 📌
en.wikipedia.org/wiki/Manhattan…
Wat dis?
▪️Decision Resources
What isn't it!
▪️Piramal Group
Mumbai, India
4 Key Cos:
~Piramal Enterprises, Ltd
~Piramal Glass 🧪
~Piramal Realty 🏘️💸
~Piramal Foundation
*Piramal top 10 global; 2011
Wexner | OSU ?🤔📌
en.wikipedia.org/wiki/Piramal_G…
▪️Decision Resources
What isn't it!
▪️Piramal Group
Mumbai, India
4 Key Cos:
~Piramal Enterprises, Ltd
~Piramal Glass 🧪
~Piramal Realty 🏘️💸
~Piramal Foundation
*Piramal top 10 global; 2011
Wexner | OSU ?🤔📌
en.wikipedia.org/wiki/Piramal_G…
▪️Cosmair
~L'Oréal Paris
1984 purchases
▪️Warner Cosmetics,
subsidiary of
▪️Warner Communications,
4 $146 million.
fundinguniverse.com/company-histor…
~L'Oréal Paris
1984 purchases
▪️Warner Cosmetics,
subsidiary of
▪️Warner Communications,
4 $146 million.
fundinguniverse.com/company-histor…
Ichhhh. L'Oréal
Liliane Schueller Bettencourt
André Bettencourt
La Cagoule:
Violent Fascist group
Anti-Semitic
Involved in criminal activities:
gun-running + firebombing synagogues.
After German invasion,
Swore allegiance 2 Hitler,
Persecution of FR Jews.
telegraph.co.uk/news/obituarie…
Liliane Schueller Bettencourt
André Bettencourt
La Cagoule:
Violent Fascist group
Anti-Semitic
Involved in criminal activities:
gun-running + firebombing synagogues.
After German invasion,
Swore allegiance 2 Hitler,
Persecution of FR Jews.
telegraph.co.uk/news/obituarie…
Warner Communications:
3 Divisions
Warner Bros. Pictures
Warner Music Group - Len Blavatnik [timing?]
Warner Cable | Dimension Pictures
Access Industries
en.wikipedia.org/wiki/Warner_Mu…
en.wikipedia.org/wiki/Warner_Co…
3 Divisions
Warner Bros. Pictures
Warner Music Group - Len Blavatnik [timing?]
Warner Cable | Dimension Pictures
Access Industries
en.wikipedia.org/wiki/Warner_Mu…
en.wikipedia.org/wiki/Warner_Co…
▪️Gryphon Development, L.P.
Producer of personal care products.
Gryphon soon became division responsible
4 creation of new products
4 Bath & Body Works chain,
acting as R&D arm of 📌
personal care branch.
Robert J. Ruttenberg, Pres
fundinguniverse.com/company-histor…
Producer of personal care products.
Gryphon soon became division responsible
4 creation of new products
4 Bath & Body Works chain,
acting as R&D arm of 📌
personal care branch.
Robert J. Ruttenberg, Pres
fundinguniverse.com/company-histor…
Leslie Wexner
Intimate Brands
1995
Division Leaders:
▪️Express - Susan Falk
▪️Lerner, NY - Richard P. Crystal
▪️Lane Bryant - Jill Dean
▪️Limited Stores - Cheryl Turpin
▪️Henri Bendel - Ted Marlow
▪️Structure - David Mangini
▪️Abercrombie & Fitch Co. - Mike Jeffries📌
1/3
Intimate Brands
1995
Division Leaders:
▪️Express - Susan Falk
▪️Lerner, NY - Richard P. Crystal
▪️Lane Bryant - Jill Dean
▪️Limited Stores - Cheryl Turpin
▪️Henri Bendel - Ted Marlow
▪️Structure - David Mangini
▪️Abercrombie & Fitch Co. - Mike Jeffries📌
1/3
Leslie Wexner
Intimate Brands
1995
Division Leaders:
▪️The Limited Too - Michael Rayden
▪️Gaylan's Trading Co. - Pat Gaylan
▪️Victoria's Secret Stores - Grace Nichols
▪️Victoria's Secret Catalogue - Cynthia Fedus
▪️Bath & Body Works - Beth Pritchard
▪️Cacique - Sally Martin
2/3
Intimate Brands
1995
Division Leaders:
▪️The Limited Too - Michael Rayden
▪️Gaylan's Trading Co. - Pat Gaylan
▪️Victoria's Secret Stores - Grace Nichols
▪️Victoria's Secret Catalogue - Cynthia Fedus
▪️Bath & Body Works - Beth Pritchard
▪️Cacique - Sally Martin
2/3
Leslie Wexner
Intimate Brands
1995
Division Leaders:
▪️Penhaligon's - Sheila Pickles
▪️Gryphon - Robert J. Rutterberg
▪️Mast Industries
▪️Limited Distribution Services
▪️Limited Real Estate
▪️Limited Store Planning
3/3
Intimate Brands
1995
Division Leaders:
▪️Penhaligon's - Sheila Pickles
▪️Gryphon - Robert J. Rutterberg
▪️Mast Industries
▪️Limited Distribution Services
▪️Limited Real Estate
▪️Limited Store Planning
3/3
Wexner
Intimate Brands, Inc.
Notes.
I'm still trying 2 make sense of
1990 - $1.9M in Sales
1994 - $2.1B in Sales
Gives pause 2 this period.📌
Epstein is involved in 1995?
Intimate Brands, Inc.
Notes.
I'm still trying 2 make sense of
1990 - $1.9M in Sales
1994 - $2.1B in Sales
Gives pause 2 this period.📌
Epstein is involved in 1995?
Wexner - Epstein
From 1990s thru mid-2000s,
Epstein was listed as 1 of 3 trustees of
Wexner Foundation:
orgs:
Arts Interests,
Health and Science Interests,
Health and Science Interests II,
Wexner Children’s Trust II,
+ Int'l Charitable Interests. meaww.com/jeffrey-epstei…
From 1990s thru mid-2000s,
Epstein was listed as 1 of 3 trustees of
Wexner Foundation:
orgs:
Arts Interests,
Health and Science Interests,
Health and Science Interests II,
Wexner Children’s Trust II,
+ Int'l Charitable Interests. meaww.com/jeffrey-epstei…
Where the fuqq am I going?
How does Paul forget 2 drop
a good Ron Perelman story.
After all, U say Revlon,
I say Ichh/Gross
Ron Perelman.
More names.
Some 90s Financials?
Fuqq yeah.
Hold please.📞
nymag.com/relationships/…
How does Paul forget 2 drop
a good Ron Perelman story.
After all, U say Revlon,
I say Ichh/Gross
Ron Perelman.
More names.
Some 90s Financials?
Fuqq yeah.
Hold please.📞
nymag.com/relationships/…
Just want 2 lay out 3 WSJ👈😂
articles of late.
Pulling connex
btw Wexner | Epstein.
▪️Robert Morosky
1st UP
7-12-19
√Introverted Wexner
charmed by Epstein's
"charisma, confidence
+ prime-time connex"
Ms. Ohio
small time gal.
"Les insecure, big ego.
Craved respect."√
articles of late.
Pulling connex
btw Wexner | Epstein.
▪️Robert Morosky
1st UP
7-12-19
√Introverted Wexner
charmed by Epstein's
"charisma, confidence
+ prime-time connex"
Ms. Ohio
small time gal.
"Les insecure, big ego.
Craved respect."√
When did they meet?
Y confusion here?
Wexner close friend
👇
▪️Robert Meister
Insurance Exec [? DK]
Jeffrey Epstein + Leslie Wexner
met in 1980s📌
It was during the period of
corp restructuring📌
Epstein was on board
*assisting Les.
Yeah. Real *genius.
Y confusion here?
Wexner close friend
👇
▪️Robert Meister
Insurance Exec [? DK]
Jeffrey Epstein + Leslie Wexner
met in 1980s📌
It was during the period of
corp restructuring📌
Epstein was on board
*assisting Les.
Yeah. Real *genius.
Epstein
"told Wexner
all of these stories
about how much
he made for people."
*Timing👈
Bear Stearns
Epstein cranked cash
4 Wexner.
1982, Wexner buys
6 store Victoria's Secret
$1M
Shares soared in 1990s
"Epstein could intro Les
2 import people."
Morosky worries.📌
"told Wexner
all of these stories
about how much
he made for people."
*Timing👈
Bear Stearns
Epstein cranked cash
4 Wexner.
1982, Wexner buys
6 store Victoria's Secret
$1M
Shares soared in 1990s
"Epstein could intro Les
2 import people."
Morosky worries.📌
Jeffrey Epstein
tried 2 offer
input on VS castings.
Leslie Wexner
sells
Epstein plane
$10M📌
Wexner would
refer 2 Epstein remarks
during corp mtgs.📌
"Jeff thinks this.
Jeff thinks that."
lolol
tried 2 offer
input on VS castings.
Leslie Wexner
sells
Epstein plane
$10M📌
Wexner would
refer 2 Epstein remarks
during corp mtgs.📌
"Jeff thinks this.
Jeff thinks that."
lolol
Lord knows,
Jeffrey Epstein was
all caught up in Ohio.
Bringing in M Farmer,
Overseeing New Albany devel, etc
Charity sex.
Epstein Charity +
Wexner Charity
commingling.
2001 Wexner
rec'd $9.6M
from Epstein
Virgin Islands trust.
Sher Jan.
Jeffrey Epstein was
all caught up in Ohio.
Bringing in M Farmer,
Overseeing New Albany devel, etc
Charity sex.
Epstein Charity +
Wexner Charity
commingling.
2001 Wexner
rec'd $9.6M
from Epstein
Virgin Islands trust.
Sher Jan.
Ready 4 this 1?
In 2008,
after Jeffrey Epstein
Palm Beach rapes,
Epstein gives $34.3M
in Apple shares 2
Abigail Wexner👈
Uh.
Another $12M
goes 2 Abigail foundation.
Keep ur eyes on that cream puff.
She filled w fantasy + grift.
Give her a panty liner. NOW!
In 2008,
after Jeffrey Epstein
Palm Beach rapes,
Epstein gives $34.3M
in Apple shares 2
Abigail Wexner👈
Uh.
Another $12M
goes 2 Abigail foundation.
Keep ur eyes on that cream puff.
She filled w fantasy + grift.
Give her a panty liner. NOW!
Oh Dear.
Paul has 2 hurray
as New WSJ
just dropped.
Will B following up the next 2 WSJ articles w latest.
Hold Please.📞
Paul has 2 hurray
as New WSJ
just dropped.
Will B following up the next 2 WSJ articles w latest.
Hold Please.📞
Excuses
WSJ
7-15-19
Leslie Wexner
wasn't aware of
money manager,
Jeffrey Epstein's,
criminal behavior.
"Would never have guessed
a person I employed
more than a decade ago
🖕Try 80s Les. Not a decade.
Y can't WSJ
remember their own reporting.
🤔
They met in the 80s per WSJ!
WSJ
7-15-19
Leslie Wexner
wasn't aware of
money manager,
Jeffrey Epstein's,
criminal behavior.
"Would never have guessed
a person I employed
more than a decade ago
🖕Try 80s Les. Not a decade.
Y can't WSJ
remember their own reporting.
🤔
They met in the 80s per WSJ!
Leslie Wexner
claims 2 have
severed ties w
Jeffrey Epstein
2007.
Paul says,
u can't quit that kind of love.
"Let me assure u
I was never aware of 📌
the illegal activity charged in indictment."
*Things that come back 2 haunt √
claims 2 have
severed ties w
Jeffrey Epstein
2007.
Paul says,
u can't quit that kind of love.
"Let me assure u
I was never aware of 📌
the illegal activity charged in indictment."
*Things that come back 2 haunt √
Commingling Much Leslie?
WSJ
7-24-19
L Brands
Board of Directors
hires outside law firm
2 review
Jeffrey Epstein's
role at co.📌
How far will they go?
1963?
Leslie Wexner, 81,📌
attny says
"We do not
*believe👈
he was ever employed by
nor served as an authorized rep."
WSJ
7-24-19
L Brands
Board of Directors
hires outside law firm
2 review
Jeffrey Epstein's
role at co.📌
How far will they go?
1963?
Leslie Wexner, 81,📌
attny says
"We do not
*believe👈
he was ever employed by
nor served as an authorized rep."
Links to
Leslie Wexner
Jeffrey Epstein
WSJ Articles
7-12-19
wsj.com/articles/epste…
7-15-19
wsj.com/articles/l-bra…
7-24-19
wsj.com/articles/l-bra…
Leslie Wexner
Jeffrey Epstein
WSJ Articles
7-12-19
wsj.com/articles/epste…
7-15-19
wsj.com/articles/l-bra…
7-24-19
wsj.com/articles/l-bra…
Pardon Notes.
It's how I roll.
Jeffrey Epstein
was put in charge of
wealthy idiots'
*Charities
People in news
who make *List:
▪️Leslie Wexner
▪️Leon Black, Apollo
▪️Elizabeth Fuqqing Johnson📌
▪️Glenn Dubin, Hedgehog
JE was given Wexner
POA 4 > 15yrs😱
EggWeinerConeyBoy
It's how I roll.
Jeffrey Epstein
was put in charge of
wealthy idiots'
*Charities
People in news
who make *List:
▪️Leslie Wexner
▪️Leon Black, Apollo
▪️Elizabeth Fuqqing Johnson📌
▪️Glenn Dubin, Hedgehog
JE was given Wexner
POA 4 > 15yrs😱
EggWeinerConeyBoy
Only note is
Jeffrey Epstein
is reportedly
in Psych Ward ["suicide watch"]
due 2 marks on neck
from yesterday's drama.
Prolly better 4 him there
than general pop.
'Ace' Greenberg
story kills Paul!
Each time.
😂😂😂😂
Jeffrey Epstein
is reportedly
in Psych Ward ["suicide watch"]
due 2 marks on neck
from yesterday's drama.
Prolly better 4 him there
than general pop.
'Ace' Greenberg
story kills Paul!
Each time.
😂😂😂😂
LoLoL
Liar McLiar-Face
They R ALL same
phoney con-artists!
Hey tRUmp!
Rdy?
Epstein *embellished his BS resume.
Said he was just trying 2 get a teaching job, man.
'He went 2 *Stanford' lololol NOT!
BS boss,
▪️Michael Tennenbaum
say okay.
That's cool.
2nd chance given.🤦♂️
Liar McLiar-Face
They R ALL same
phoney con-artists!
Hey tRUmp!
Rdy?
Epstein *embellished his BS resume.
Said he was just trying 2 get a teaching job, man.
'He went 2 *Stanford' lololol NOT!
BS boss,
▪️Michael Tennenbaum
say okay.
That's cool.
2nd chance given.🤦♂️
Coney Island Icarus
Jeffrey Epstein
W/in 4 yrs,
Epstein became lmtd part
at Bear Stearns.
[Ace is the Place!]
"It was all a game w [Epstein]."
1982, J. Epstain & Co.😂
U.S. + Overseas clients
Ichhhh.
JP Morgan Chase acquisition,
2008
Jeffrey Epstein
W/in 4 yrs,
Epstein became lmtd part
at Bear Stearns.
[Ace is the Place!]
"It was all a game w [Epstein]."
1982, J. Epstain & Co.😂
U.S. + Overseas clients
Ichhhh.
JP Morgan Chase acquisition,
2008
Leslie Wexner
gave it all over 2
Jeffrey Epstein.
"He had absolute control."
POA Power of Attorney
Mngd 7% of company stock
Wexner taxes
Wexner Stock
Wexner Charities|Trusts
Epstein even write up
Leslie + Abigail Pre-Nup.
---------
Abigail: "Just have JE hire the nanny."🤦♂️
📌
gave it all over 2
Jeffrey Epstein.
"He had absolute control."
POA Power of Attorney
Mngd 7% of company stock
Wexner taxes
Wexner Stock
Wexner Charities|Trusts
Epstein even write up
Leslie + Abigail Pre-Nup.
---------
Abigail: "Just have JE hire the nanny."🤦♂️
📌
Pitch Black
Jeffrey Epstein
would profit off Wexner's deals.
Ichhhhh
▪️Elizabeth "Libet" Ross Johnson
Johnson & Johnson
JE on several property titles
▪️Leon Black📌
Apollo Global Mgnt
1995
"He found every provision
that could justifiably B used."
wsj.com/articles/jeffr…
Jeffrey Epstein
would profit off Wexner's deals.
Ichhhhh
▪️Elizabeth "Libet" Ross Johnson
Johnson & Johnson
JE on several property titles
▪️Leon Black📌
Apollo Global Mgnt
1995
"He found every provision
that could justifiably B used."
wsj.com/articles/jeffr…
Tax *Savings
Creative Coney Island Weiner
knows how 2 maximize a client's
ability 2 avoid paying taxes.
Jeffrey Epstein
+
Leon Black were tight.
JE on Black's
foundation Board til 2007
2015,📌
Gratitude America Ltd,
Virgin Islands
JE's *foundation
$10M cash gift
from Black
Creative Coney Island Weiner
knows how 2 maximize a client's
ability 2 avoid paying taxes.
Jeffrey Epstein
+
Leon Black were tight.
JE on Black's
foundation Board til 2007
2015,📌
Gratitude America Ltd,
Virgin Islands
JE's *foundation
$10M cash gift
from Black
Late 1990s, Jeffrey Epstein
was referred by JPMorgan
2
▪️Jes Staley, JPM Private Bank
JE started connecting
string of folks of Staley.
▪️Glenn Dubin, Highbridge Capital Mgnt📌
▪️Eva Andersson-Dubin📌
Andersson had *dated JE in 80s.
Introduces both men at JE political fundraiser
was referred by JPMorgan
2
▪️Jes Staley, JPM Private Bank
JE started connecting
string of folks of Staley.
▪️Glenn Dubin, Highbridge Capital Mgnt📌
▪️Eva Andersson-Dubin📌
Andersson had *dated JE in 80s.
Introduces both men at JE political fundraiser
Offshores Whores
JPMorgan hires Dubin's
Highbridge Capital Mgnt
2 mng assets 2
offshore reinsurance products,
which helped minimized taxes 4 clients
Staley eventually
funneled private-banking clients' money
directly N2 Highbridge's
hedge fun.
#PanamaPapers
#ParadisePapers
JPMorgan hires Dubin's
Highbridge Capital Mgnt
2 mng assets 2
offshore reinsurance products,
which helped minimized taxes 4 clients
Staley eventually
funneled private-banking clients' money
directly N2 Highbridge's
hedge fun.
#PanamaPapers
#ParadisePapers
3/3 of this SS
Jeffrey Epstein
invests $10M in
Highbridge Capital Mgnt
turns N2 $29M
JPMorgan
buys cntrl of
HCM
2004
4 > $1B
Epstein earns fee of $15M
4 intro Durbin 2 Staley yrs earlier
Jeffrey Epstein
invests $10M in
Highbridge Capital Mgnt
turns N2 $29M
JPMorgan
buys cntrl of
HCM
2004
4 > $1B
Epstein earns fee of $15M
4 intro Durbin 2 Staley yrs earlier
@Agenthades1 ^^^
Jeffrey Epstein
was listed as
HCM
*advisor📌
along w Goldman Sux Poup.
~JE was NOT publicly disclsd.
Dubin:
"extremely ltd bus rltnshp"👈🤔
In remaining friends w Epstein,😱
Dubins *believed JE
"had rehabbed after 2008;
gave 2nd chance📌 [#2]
Eva DATED JE ~ Eww👈
@Agenthades1
was listed as
HCM
*advisor📌
along w Goldman Sux Poup.
~JE was NOT publicly disclsd.
Dubin:
"extremely ltd bus rltnshp"👈🤔
In remaining friends w Epstein,😱
Dubins *believed JE
"had rehabbed after 2008;
gave 2nd chance📌 [#2]
Eva DATED JE ~ Eww👈
@Agenthades1
Houston,
we have severed
Jeffrey Epstein
contacts:
▪️Staley, now Barclays PLC, "several yrs."
▪️JPMorgan terminated JE assoc 2013
Did 2008 stop Epstein?
Nope.
▪️Leon Black
asks Apollo's
Marc Rowan
2 attend mtg at JE hs 👈🤔
w woman repping wealthy family
a few yrs ago!👈📌
we have severed
Jeffrey Epstein
contacts:
▪️Staley, now Barclays PLC, "several yrs."
▪️JPMorgan terminated JE assoc 2013
Did 2008 stop Epstein?
Nope.
▪️Leon Black
asks Apollo's
Marc Rowan
2 attend mtg at JE hs 👈🤔
w woman repping wealthy family
a few yrs ago!👈📌
Oh, Rly
Jeffrey Epstein
long spoke of having other
inc sources,
incl currency-trading biz
earning 10s of $.M
Wat dis?
Claims of JE
wrkng w US Treas📌
on cryptocurrency +
anti-hacking efforts?
JE wrkng w
sovereign-wealth fnds,
some from ME?
"Hlpng move $
+ find assets"
U.N.?
Jeffrey Epstein
long spoke of having other
inc sources,
incl currency-trading biz
earning 10s of $.M
Wat dis?
Claims of JE
wrkng w US Treas📌
on cryptocurrency +
anti-hacking efforts?
JE wrkng w
sovereign-wealth fnds,
some from ME?
"Hlpng move $
+ find assets"
U.N.?
@karolcummins
"If" JE was wrking 4 Treasury,
it certainly has to be under Mnuchin...
Wasn't during Obama's 8 yrs.
Bush?
"If" JE was wrking 4 Treasury,
it certainly has to be under Mnuchin...
Wasn't during Obama's 8 yrs.
Bush?
@Agenthades1 Will be using ur incredible black book/bible.
If u didn't make it end of thread, do so... Treasury dept? Crypto? anti-hacking advisement? Under tRUmp or Bush? I'm going w Mnuchin... UR bet @Agenthades1
Also, which fund he wrking?
Qatar or KSA?
<3
If u didn't make it end of thread, do so... Treasury dept? Crypto? anti-hacking advisement? Under tRUmp or Bush? I'm going w Mnuchin... UR bet @Agenthades1
Also, which fund he wrking?
Qatar or KSA?
<3
Sooooo,
Roy Raymond,
original owner
of Victoria's Secret
was making $6M/yr;
sells 2 Leslie Wexner 4 $1M;
jumps off Golden Gate
Did ya see it coming?
Paul did not!
And, there's kiddie stuff.
Raymond was a divorced fella
building kiddie clothing stores.
Roy Raymond,
original owner
of Victoria's Secret
was making $6M/yr;
sells 2 Leslie Wexner 4 $1M;
jumps off Golden Gate
Did ya see it coming?
Paul did not!
And, there's kiddie stuff.
Raymond was a divorced fella
building kiddie clothing stores.
Wasn't that a *Fun Fact?😏
Yeah. Paul's got more.
Got lots of 'Cats!' Schmatta
Gonna tear thru more
Leslie Wexner
nasty dealings.
Let's dial back 2
6-8-1986👈
+ review
1960s - 1980s📌
Paul's brkdwn
follows
+ so should U!👇
nytimes.com/1986/06/08/mag…
Yeah. Paul's got more.
Got lots of 'Cats!' Schmatta
Gonna tear thru more
Leslie Wexner
nasty dealings.
Let's dial back 2
6-8-1986👈
+ review
1960s - 1980s📌
Paul's brkdwn
follows
+ so should U!👇
nytimes.com/1986/06/08/mag…
Rdy. Set. Kray!
Rag-Hag Trade Revolution
Leslie H. Wexner
48 yo [1986]
Here come some socialist sh¡t:
"He speaks of unending struggle
4 greater productivity + profitability,
of self-awareness + personal fulfillment."
🤦♂️
Ayn Rand's coming up.
Hang on.
That's later...
lol
Rag-Hag Trade Revolution
Leslie H. Wexner
48 yo [1986]
Here come some socialist sh¡t:
"He speaks of unending struggle
4 greater productivity + profitability,
of self-awareness + personal fulfillment."
🤦♂️
Ayn Rand's coming up.
Hang on.
That's later...
lol
Wexner 'brush w disaster' in late 70s📌
1985 - Limited
$143M net
$2.4B sales
Middlemen or Meddlemen?
'Created his own global
manufacturing + distribution
network.'
1985 - Limited
$143M net
$2.4B sales
Middlemen or Meddlemen?
'Created his own global
manufacturing + distribution
network.'
Oh Dear.
Verna K. Gibson
runs tight cult-like
enterprise
at Limited.
Tight ship.
FALSE:
"Don't forget,
we think about
what women want 2 wear
the way u breathe."
TRUE: She goes around + rips-off designs
2 produce in the schmatta factory.
>SADS<
Was Barbie mentored by her?
Verna K. Gibson
runs tight cult-like
enterprise
at Limited.
Tight ship.
FALSE:
"Don't forget,
we think about
what women want 2 wear
the way u breathe."
TRUE: She goes around + rips-off designs
2 produce in the schmatta factory.
>SADS<
Was Barbie mentored by her?
Paul's
idea of
Verna K. Gibson👇
[Hey. If mob can smear, so can Paul]
Oops.
Paul just dropped
egg salad on his pants.
Where's Janice?????
Maybe Hope H. can come
w steam cleaner?
i.e. MOUTH
idea of
Verna K. Gibson👇
[Hey. If mob can smear, so can Paul]
Oops.
Paul just dropped
egg salad on his pants.
Where's Janice?????
Maybe Hope H. can come
w steam cleaner?
i.e. MOUTH
Leslie Wexner
+ his
SCHMATTA FACTORY
Ripping off designs,
producing 4 near nothing
"U've got 2 get stuff
2 consumer 1st
if U want 2B successful."
1978 - Mast Industries 📌
Opportunities in *Orient
+ his
SCHMATTA FACTORY
Ripping off designs,
producing 4 near nothing
"U've got 2 get stuff
2 consumer 1st
if U want 2B successful."
1978 - Mast Industries 📌
Opportunities in *Orient
1986
Limited's merchandise
fills avg of 3,
US-bound
747's/wk📌
Mast Industries
Martin Trust 📌
Walsh Trucking📌
Leslie Wexner
'circling globe in his new
Gulfstream jet.'📌
Sher. Y not meet w
Ariel Sharon + govt officials
4 closed-door mtgs.📌
"Build me an int'l airport!"
Limited's merchandise
fills avg of 3,
US-bound
747's/wk📌
Mast Industries
Martin Trust 📌
Walsh Trucking📌
Leslie Wexner
'circling globe in his new
Gulfstream jet.'📌
Sher. Y not meet w
Ariel Sharon + govt officials
4 closed-door mtgs.📌
"Build me an int'l airport!"
Operation tightens;
48hr pass-thru dist cntr.
Verna Gibson:
"We don't want 100 mgrs
out there deciding what
stores should look like."
1986 -
Limited does not
rpt sales figures - Pvt📌
[Not public until later.]
48hr pass-thru dist cntr.
Verna Gibson:
"We don't want 100 mgrs
out there deciding what
stores should look like."
1986 -
Limited does not
rpt sales figures - Pvt📌
[Not public until later.]
Leslie Wexner
"man of many acquaintances
+ few friends, bachelor." - 1986 - 41yo
"Idea of good time
is munching popcorn
+ watching Clint Eastwood
movies aboard his corp jet."
💃
"Lives alone w household help."
[Would any of them
be young men, Leslie?]
Pisses-off Columbus, OH.
"man of many acquaintances
+ few friends, bachelor." - 1986 - 41yo
"Idea of good time
is munching popcorn
+ watching Clint Eastwood
movies aboard his corp jet."
💃
"Lives alone w household help."
[Would any of them
be young men, Leslie?]
Pisses-off Columbus, OH.
Daddy Issues
Leslie Wexner
1963, 26 yo
"unabashed *imitator"
Gordon Schiffman💃
Wexner:
"If U want 2 *torture me,
take my wrk away."
😏
Oh Dear.
▪️Milton Petrie📌
Petrie Stores Corp.
Petrie offers Wexner $500K
4 1/2 of Limited.
Ltd's sales $400K
Wexner turns dwn offer.
Leslie Wexner
1963, 26 yo
"unabashed *imitator"
Gordon Schiffman💃
Wexner:
"If U want 2 *torture me,
take my wrk away."
😏
Oh Dear.
▪️Milton Petrie📌
Petrie Stores Corp.
Petrie offers Wexner $500K
4 1/2 of Limited.
Ltd's sales $400K
Wexner turns dwn offer.
Wexner + Petrie
both nasty,
went head-2-head
at each other
1985 after Wexner
bought Lerner.🔥
Milton Petrie is a freak.
en.wikipedia.org/wiki/Milton_Pe…
both nasty,
went head-2-head
at each other
1985 after Wexner
bought Lerner.🔥
Milton Petrie is a freak.
en.wikipedia.org/wiki/Milton_Pe…
Marla Hanson
must have known something.
Got her face slashed.
Member?
1985
Steven Roth
Steven Bowman
Darren Norman
must have known something.
Got her face slashed.
Member?
1985
Steven Roth
Steven Bowman
Darren Norman
Marla Hanson
Milton Petrie <=== Eww
Like he is the Mob's sugardaddy.
Giving money 2 those who get in way
+ leave w serious injuries.
Mob - Mob -Mob - Mob
Steven Roth
Steven Bowman
Darren Norman
THIS is complete mob kray.
nytimes.com/1989/07/19/nyr…
Milton Petrie <=== Eww
Like he is the Mob's sugardaddy.
Giving money 2 those who get in way
+ leave w serious injuries.
Mob - Mob -Mob - Mob
Steven Roth
Steven Bowman
Darren Norman
THIS is complete mob kray.
nytimes.com/1989/07/19/nyr…
92-yo Milton Petrie,
pawnbroker's son
who made fortune in ladies' apparel
back when
women didn't mind being called ladies,
had been a generous man all his life,
impulsively dashing off checks
2 hard-luck cases
he learned about
in morning's tabloids.👈
nytimes.com/1994/11/20/bus…
pawnbroker's son
who made fortune in ladies' apparel
back when
women didn't mind being called ladies,
had been a generous man all his life,
impulsively dashing off checks
2 hard-luck cases
he learned about
in morning's tabloids.👈
nytimes.com/1994/11/20/bus…
Got more unpacking.
Another beauty coming up.
▪️Adolf Alfred 'Al' Taubman📌
Y did u think I just said mob?
lol
en.wikipedia.org/wiki/A._Alfred…
Another beauty coming up.
▪️Adolf Alfred 'Al' Taubman📌
Y did u think I just said mob?
lol
en.wikipedia.org/wiki/A._Alfred…
Al Taubman
huge in SoCal
mob.
I mean, real estate.
Irvine Co.
Taubman's *price-fixing
[Sotheby's] scandal
rocked art auction world [Christie's invld]
Died of heart attack if interested.
latimes.com/local/obituari…
huge in SoCal
mob.
I mean, real estate.
Irvine Co.
Taubman's *price-fixing
[Sotheby's] scandal
rocked art auction world [Christie's invld]
Died of heart attack if interested.
latimes.com/local/obituari…
A. Alfred Taubman
became mentor 2
Leslie Wexner
Eeesh.
"Alfred [61] + I [41]
have a very intimate relationship,
like father + son."
~ Leslie Wexner
💃💃💃
Who says mob can't B gay?
Gays have rights, too!
lol
became mentor 2
Leslie Wexner
Eeesh.
"Alfred [61] + I [41]
have a very intimate relationship,
like father + son."
~ Leslie Wexner
💃💃💃
Who says mob can't B gay?
Gays have rights, too!
lol
Time 2 Go Public!
~Hardly!~ lol💃
Leslie Wexner
grabs old schoolmate
Peter Halliday
2 raise cash + go PUBLIC!
Wexner gave chunk
of stock 2 parents +
sister Susan Wexner📌
Susan's been trying 2
gain cntrl of shares.📌
Critics cry Corporate Cult!
"If u sign up,
ur owned."
~Hardly!~ lol💃
Leslie Wexner
grabs old schoolmate
Peter Halliday
2 raise cash + go PUBLIC!
Wexner gave chunk
of stock 2 parents +
sister Susan Wexner📌
Susan's been trying 2
gain cntrl of shares.📌
Critics cry Corporate Cult!
"If u sign up,
ur owned."
1970's Leslie Wexner Expands
100th Limited store 1976
1978, Wexner buys
Mast Industries📌
"merch manufact'd
by low-cost,
non-union shops in *Orient."
Unsold sweater-sets pile up!
No gd 4 retail. BAD!
▪️Robert H. Morosky,
Limited accountant
Wexner + Morosky
"salami slicers"
100th Limited store 1976
1978, Wexner buys
Mast Industries📌
"merch manufact'd
by low-cost,
non-union shops in *Orient."
Unsold sweater-sets pile up!
No gd 4 retail. BAD!
▪️Robert H. Morosky,
Limited accountant
Wexner + Morosky
"salami slicers"
Always last paragraphs
1985
Wexner buys Henri Bendel
wants NY presence
$2.4M > 3 $800K notes
Awesome deal 4 Wexner
almost steal.
Wexner goes on acquisition *binge
"Ltd has no problem obtaining
gigantic lines of credit from any bank."
Wexner - play 1 bank off other
4 low rate
1985
Wexner buys Henri Bendel
wants NY presence
$2.4M > 3 $800K notes
Awesome deal 4 Wexner
almost steal.
Wexner goes on acquisition *binge
"Ltd has no problem obtaining
gigantic lines of credit from any bank."
Wexner - play 1 bank off other
4 low rate
Have we talked about
▪️Meshulam Riklis ?
Let's.
2 words: Pia Zadora
Turkish bus man.
Rapid-American Corp
Lerner
Wexner does mob move on Riklis,
while moving in 4 a take-over.
~"Urges chain's execs + union 2 delay
signing new contract."
"Suspicious of sweetheart deals."
▪️Meshulam Riklis ?
Let's.
2 words: Pia Zadora
Turkish bus man.
Rapid-American Corp
Lerner
Wexner does mob move on Riklis,
while moving in 4 a take-over.
~"Urges chain's execs + union 2 delay
signing new contract."
"Suspicious of sweetheart deals."
1984
Leslie Wexner
loses hostile takeover bid
Carter Hawley Hale
Even Taubman
told Wexner 2
stay away from
Philip M. Hawley,
big SoCal bizman
"The Limited didn't understand
u can't go hostile +
expect 2 go cheap."
~P.M. Hawley
🤣🤣🤣😏
nytimes.com/1986/06/08/mag…
Leslie Wexner
loses hostile takeover bid
Carter Hawley Hale
Even Taubman
told Wexner 2
stay away from
Philip M. Hawley,
big SoCal bizman
"The Limited didn't understand
u can't go hostile +
expect 2 go cheap."
~P.M. Hawley
🤣🤣🤣😏
nytimes.com/1986/06/08/mag…
Wexner +
advisor,
▪️Felix Rohatyn, Lazard Freres
"The outcome [Hawley] sticks in Wexner's craw."
Taubman buys
Woodward & Lothrop dept stores +
Sotheby's auction house.📌
Both, Wexner + Milton Petrie
were cut in on Sotheby's deal.📌
LW focuses on prestigious specialty stores
advisor,
▪️Felix Rohatyn, Lazard Freres
"The outcome [Hawley] sticks in Wexner's craw."
Taubman buys
Woodward & Lothrop dept stores +
Sotheby's auction house.📌
Both, Wexner + Milton Petrie
were cut in on Sotheby's deal.📌
LW focuses on prestigious specialty stores
English 101 - Ayn Rand
This SS gets a few frames.
Leslie Wexner
likens himself 2
Howard Roark,
idealistic arch-hero of
Ayn Rand's
'The Fountainhead'
Howard Roark,
"just wanted 2 do it his way."
This SS gets a few frames.
Leslie Wexner
likens himself 2
Howard Roark,
idealistic arch-hero of
Ayn Rand's
'The Fountainhead'
Howard Roark,
"just wanted 2 do it his way."
Accounting 101 - Wexner Finance
Risk:
Co. must produce
enough cash flow
2 cvr int chrgs
+ pay off debt
or
face financial crunch
Wexner felt crunch in 1970s.📌
Risk:
Co. must produce
enough cash flow
2 cvr int chrgs
+ pay off debt
or
face financial crunch
Wexner felt crunch in 1970s.📌
Accounting 101 - Wexner Finance
Wexner fuqqs w Seventh Ave
Cancels $100M order!
Ltd eliminated slow-selling sizes
W/in mos, stores filled w snappy threads
advertising budget eliminated
▪️Robert A. Corea
"Wexner depends on store display
+ mall traffick."
Wexner fuqqs w Seventh Ave
Cancels $100M order!
Ltd eliminated slow-selling sizes
W/in mos, stores filled w snappy threads
advertising budget eliminated
▪️Robert A. Corea
"Wexner depends on store display
+ mall traffick."
Accounting 101 - Wexner Finance
1978 - $30.9M > Mast
[78 - 81 - Wexner pays off $14.6M debt]
1981 - Debt load $16.6M
1982 - Borrows $97.2M
[Pays off in 18 mos]
1984 - Borrows $515.4M 2 use 4 failed Hawley TO
1984 - Reduces debt 2 $92M
1985 - Debt $353.9M
1985 - ttl debt $480.9M
1978 - $30.9M > Mast
[78 - 81 - Wexner pays off $14.6M debt]
1981 - Debt load $16.6M
1982 - Borrows $97.2M
[Pays off in 18 mos]
1984 - Borrows $515.4M 2 use 4 failed Hawley TO
1984 - Reduces debt 2 $92M
1985 - Debt $353.9M
1985 - ttl debt $480.9M
Roy Raymond's
Victoria's Secret
made its debut in 1977,
w 1st boutique in Palo Alto
5-15-1982
Annual sales of $7M📌
Wexner valuation
+ purchase 4 $1M
is upsetting.
Some dirty mob invlvd.
nytimes.com/1982/05/15/sty…
Victoria's Secret
made its debut in 1977,
w 1st boutique in Palo Alto
5-15-1982
Annual sales of $7M📌
Wexner valuation
+ purchase 4 $1M
is upsetting.
Some dirty mob invlvd.
nytimes.com/1982/05/15/sty…
