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Old 07-26-2019, 08:34 AM
 
7,293 posts, read 4,096,706 times
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"The company earned $500,000 its first year. And by the time Mr. Raymond sold the business in 1982 for about $1 million, Victoria's Secret had five stores and a mail-order catalogue that made $6 million a year."

https://www.businessinsider.com/a-lo...ompany-2014-12

Seems pretty weird that the original owner would sell it for only $1 million. Am I missing something?
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Old 07-26-2019, 08:37 AM
 
Location: 500 miles from home
33,942 posts, read 22,532,112 times
Reputation: 25816
Quote:
Originally Posted by AguaDulce View Post
"The company earned $500,000 its first year. And by the time Mr. Raymond sold the business in 1982 for about $1 million, Victoria's Secret had five stores and a mail-order catalogue that made $6 million a year."

https://www.businessinsider.com/a-lo...ompany-2014-12

Seems pretty weird that the original owner would sell it for only $1 million. Am I missing something?
Wexner is a big deal in Columbus and it turns out he gave Epstein some major control?
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Old 07-26-2019, 08:40 AM
 
20,955 posts, read 8,678,698 times
Reputation: 14050
Quote:
Originally Posted by AguaDulce View Post
"The company earned $500,000 its first year. And by the time Mr. Raymond sold the business in 1982 for about $1 million, Victoria's Secret had five stores and a mail-order catalogue that made $6 million a year."

https://www.businessinsider.com/a-lo...ompany-2014-12

Seems pretty weird that the original owner would sell it for only $1 million. Am I missing something?
Did someone post about the Power of Attorney that the Victorias Secret Guy gave to Epstein?

What 54 year old gives almost total financial power over all his assets to an inexperienced ex-Teacher??

"Wexner signed over power of attorney to Epstein in 1991, allowing him to hire people, sign checks, buy and sell properties and borrow money in Wexner’s name, but his actual role remains unclear."

https://variety.com/2019/biz/news/je...lt-1203280771/

This is unheard of and is right around the time of the Trump/Epstein video with the cheerleaders (1991 approx)....

I don't think any of us can guess at this conspiracy since it is likely more fantastic then anything we might come up with.
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Old 07-26-2019, 09:03 AM
 
7,293 posts, read 4,096,706 times
Reputation: 4670
Quote:
Originally Posted by craigiri View Post
Did someone post about the Power of Attorney that the Victoria's Secret Guy gave to Epstein?

What 54 year old gives almost total financial power over all his assets to an inexperienced ex-Teacher??

"Wexner signed over power of attorney to Epstein in 1991, allowing him to hire people, sign checks, buy and sell properties and borrow money in Wexner’s name, but his actual role remains unclear."

https://variety.com/2019/biz/news/je...lt-1203280771/

This is unheard of and is right around the time of the Trump/Epstein video with the cheerleaders (1991 approx)....

I don't think any of us can guess at this conspiracy since it is likely more fantastic then anything we might come up with.
As to the bolded, Yes, truly bizarre, but I'm going back further in time.

Before Wexner owned Victoria's Secret, Ray Raymond owned it. Raymond started the company in Palo Alto in 1977. When Raymond sold it to Wexner for $1 million in 1982, it was making $6 million a year.

I find that also odd, in addition to all of the other stuff.

TYPO EDIT: I had the numbers reversed.

Last edited by AguaDulce; 07-26-2019 at 09:09 AM.. Reason: I had the numbers reversed.
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Old 07-26-2019, 09:06 AM
 
Location: Lone Mountain Las Vegas NV
18,058 posts, read 10,354,091 times
Reputation: 8828
Quote:
Originally Posted by craigiri View Post
Did someone post about the Power of Attorney that the Victorias Secret Guy gave to Epstein?

What 54 year old gives almost total financial power over all his assets to an inexperienced ex-Teacher??

"Wexner signed over power of attorney to Epstein in 1991, allowing him to hire people, sign checks, buy and sell properties and borrow money in Wexner’s name, but his actual role remains unclear."

https://variety.com/2019/biz/news/je...lt-1203280771/

This is unheard of and is right around the time of the Trump/Epstein video with the cheerleaders (1991 approx)....

I don't think any of us can guess at this conspiracy since it is likely more fantastic then anything we might come up with.
In depth report in this AM NYT.

https://www.nytimes.com/2019/07/25/b...gtype=Homepage
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Old 07-26-2019, 09:10 AM
 
7,293 posts, read 4,096,706 times
Reputation: 4670
Quote:
Originally Posted by lvmensch View Post
I hit a paywall.
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Old 07-26-2019, 09:17 AM
 
20,955 posts, read 8,678,698 times
Reputation: 14050
Quote:
Originally Posted by AguaDulce View Post
I hit a paywall.
Plenty of similar stories - just use goog news and type Power of Attorney
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Old 07-26-2019, 09:21 AM
 
Location: Lone Mountain Las Vegas NV
18,058 posts, read 10,354,091 times
Reputation: 8828
Quote:
Originally Posted by AguaDulce View Post
I hit a paywall.
Sorry I subscribe so I did not notice. Note that you can go in incognito and get a free membership.
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Old 07-26-2019, 09:47 AM
 
Location: Home is Where You Park It
23,856 posts, read 13,754,224 times
Reputation: 15482
Quote:
Originally Posted by lvmensch View Post
Sorry I subscribe so I did not notice. Note that you can go in incognito and get a free membership.
Or just wait a few hours and use google. This story will be picked up everywhere.

Short version - Wexner gave total power of attorney over his finances to Epstein, and Epstein made hay while the sun shone.

The story really does get weirder and weirder.
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Old 07-26-2019, 09:54 AM
 
7,293 posts, read 4,096,706 times
Reputation: 4670
This $77 mansion wasn't just any mansion.

At 21,000 square feet, it is said to be the largest private residence in New York City.

Signed over to Jeffery Epstein. For free?

WTF?
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