The 2007 implosion of two Bear Stearns hedge funds that invested in risky mortgage bonds led to the wider crash of the financial system, and as it turns out years later, a fairly sizable and eyebrow raising settlement paid by mega bank JPMorgan to the convicted pedophile financier Jeffrey Epstein.

The hedge funds went belly-up in the summer of 2007, the first public casualty of the smoldering financial crisis that would take down Bear, then Lehman Brothers, and were it not for a government bailout, the entire financial system in 2008.

After Bear’s collapse, JPMorgan CEO Jamie Dimon, at the insistence of the government, took over the firm, its assets and many of its liabilities, including claims by investors that they were misled about the financial condition of the hedge funds before the

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