Michael Tracey

No, no, this is the Epstein Estate.

No, no, this is the Epstein Estate.

I'm getting to Deutsche Bank because it ties into the Epstein Estate.

I'm getting to Deutsche Bank because it ties into the Epstein Estate.

From the Epstein Estate.

From the Epstein Estate.

The Epstein Estate was first in the chronology of settlements.

The Epstein Estate was first in the chronology of settlements.

And so they set up a settlement model, right?

And so they set up a settlement model, right?

So non-adversarial, confidential, tax-free settlement.

So non-adversarial, confidential, tax-free settlement.

Because they claim that it could be categorized under the IRS code as compensation for an injury, so therefore you don't have to pay income taxes on it.

Because they claim that it could be categorized under the IRS code as compensation for an injury, so therefore you don't have to pay income taxes on it.

And so that gets set up, right?

And so that gets set up, right?

The court in the U.S.

The court in the U.S.

Virgin Islands, because the state was domiciled in the U.S.

Virgin Islands, because the state was domiciled in the U.S.