JP Morgan And It's Deep Ties To Jeffrey Epstein

0:00Bubble Wall is here from 2311 Racing. You know it's slower than a pace car? Waiting at the car wash. That's when I fire up Chamba Casino. It turns those slow minutes into fast fun. With new games every week, you'll never get bored. Next time you're stuck in the slow lane, speed up with Chamba. Play now at ChambaCasino.com. Let's Chamba. Sponsored by Chamba Casino, no purchase necessary. VGW GroupFord, we're prohibited by law, 21 plus terms and conditions apply. We won and welcome back to the Epstein Chronicles. On this morning's edition, we're going to talk about JP Morgan and how they kept Jeffrey Epstein as a client, even when they knew what he was and what he was up to. Not only did they keep him as a client, but they went to bat for him, one of the highest ranking people in the whole entire company, basically, fought for Jeffrey Epstein to stay a client. Now ask yourself, why would the bank want Jeffrey Epstein to stick around?

1:04Well, simple, it's all about the Benjamin's, isn't it? These people do not care about you, they do not care about human trafficking victims, they don't care about people being bombed in Yemen, hell, they don't even care about people being bombed in Ukraine. It's just the shiny new object and they feel like they can score some points, but when it all comes down to it, and when all is said and done, the financial sector is making a huge profit from the suffering. They know it, I know it, and you know it. Yet they'll get up there and they'll act like they're, you know, doing great things and great deeds for humanity. Meanwhile, they're helping facilitate the crimes of people like Epstein, oligarchs and scumbags all around the world. So this morning, we're going to take another look at the scumbaggery of J.P. Morgan and how they helped Jeffrey Epstein continue to be the piece of garbage that he was.

2:08This article is from August 10th of 2019. The author is Michelle Salariye, sorry if I mispronounced that, Michelle, headline. Did J.P. Morgan go easy on alleged sex trafficker, Jeffrey Epstein, alleged sex trafficker, huh? How about human trafficker, pedophile, world's largest piece of shit, yeah, all of that fits. Everyone on Wall Street who knew disgraced financier, pedophile, Jeffrey Epstein is busy distancing themselves from the convicted pedophile who died of an apparent suicide Saturday in a federal jail cell in New York City, where he was awaiting trial on sex trafficking charges. The lurid case involving underage girls has name-checked politicians, prints, and the number of billionaires, most of whom likely wish, they'd never met the man. See, again, that's where I disagree. They don't care that they met him, they only care that they've been called out on it,

3:09they only care that they, they were caught, right? They don't regret all of the benefits they got, paling around with Epstein, they don't regret all of the extra zeros that ended up in their bank account because of his, his grifting and his thievery. They only, they're only upset because they've been exposed. Then there's J.P. Morgan Chase, which is pushing back against a New York Times report on Thursday that the bank refused to break ties with Epstein decades ago, excuse me, a decade ago, even though it's compliance staff recommended doing so. The bank finally quit doing business with Epstein, who was a private banking client of J.P. Morgan in 2013. And now remember during this time, this was Jess Staley's reign at J.P. Morgan. Jess Staley was the one that facilitated all of this. And in fact, he was Epstein's, you know, top dog at the company is number one contact.

4:10J.P. Morgan is connected to Epstein through two former high-level executives, and according to the Times, one current one. In 2008, Epstein was charged with sexual offenses with minors and played guilty to soliciting prostitution in a Florida court. The next year, J.P. Morgan's compliance officers recommended that the bank cut its ties to the financier, pedophile, because his accounts posed unacceptable legal and reputational risks the Times reported, boy, they should have listened to the regulation department shouldn't have they. They probably should have listened to what the department had to say and listened to what the compliance people were telling them so that they didn't find themselves in this mess. But guess what? They knew and they didn't care. A multi-year review, the bank conducted at the behest of the comptroller of the currency

5:10in the post-made-off era, had flagged Epstein's accounts as potentially problematic. Talk about understatement of the century, potentially problematic? The stunning revelation in this story was that Mary Erdos, who was the head of J.P. Morgan's asset management division and widely considered a potential successor to CEO Jamie Dimon, stepped in to keep Epstein as a client according to six people the Times spoke with. Now ask yourselves, why would somebody who is so highly placed in the financial sector considered to be the successor of Jamie Dimon himself, why would she step in to keep Jeffrey Epstein as a client? Now there's no doubt Epstein was rich, Epstein had dough, but he's not that rich, wasn't one of the richest men in the world, certainly not somebody that you jumped through the hoops for.

6:10Joseph Evangelist, a J.P. Morgan spokesman said the Times has it wrong. Mary would never overrule our compliance team or other controls functions to retain a customer he told the Times. She has only one recollection of formally meeting with the customer, which was the day she fired him as a client. Oh yeah, I'm sure that's the only time they ever met. They never rub shoulders, never rubbed elbows, they never broke bread. She never even knew who Jeffrey Epstein was, she's so in sconce in her world of finances that she doesn't even watch for the news. These people are so predictable, every single one of them with their cases of amnesia, so how did he stay a client for so long? Did the people down in compliance just say out of hell with it, we're going to keep them around. No big deal. They don't have the power to do that. It's just like with the Acosta stuff, how are you going to blame the mid-level manager? Sure, fire that person, but they don't shoulder the blame. The blame goes up top and the only people that don't think like that are people who have

7:11never worked in the corporate world. That should go straight up to the top. And if your division is not performing, what do you think the frontline employees are going to be the ones that bear the brunt? Hell no, it's going to be you. If my sportsbook wasn't performing, do you really think that they're going to come in and they're going to get rid of all my supervisors and fire the ticket writers and leave me there? Of course not. So the whole nonsense about how, oh well, she would never do that and it must have been someone, come on man, really? Yes, sure. I'm positive. Some mid-level compliance manager made the call. Epstein had been kept on as a client according to the Times report because he helped recruit wealthy people to JP Morgan's private banking division. Of course, that's the reason. It's all about the money coming in, right? There's no way that these guys are going to take a risk on Epstein if they're not getting big money. If their ROI is not huge and Epstein's bringing the rest of his scumbag money laundering

8:13friends in. So it's a win-win. They protect Epstein and his transactions and in return, he's increasing their handle. He's increasing the money that the bank's sitting on. The report said that an internal debate at the bank over the issue was so heated that one compliance officer quit. The matter finally came to a head in 2013, according to the Times, when the comptroller of the currency publicly ordered the bank to improve its processes for detecting money laundering and rigorously scrutinizing customers, funny that they talk about money laundering and then Jeffrey Epstein's involved, huh? All of us, it's just a coincidence, though. Do you not find it odd that there were no charges of money laundering laid against Epstein or Maxwell? What about wire fraud? That's one of their favorites. They love those. They love that predicate. See all the things that Maxwell and Epstein were up to, all the stuff that they were doing

9:16through these banks would land all of us, the rest of us, you know, the worthless people in the world, a huge gigantic federal investigation just on these financial crimes alone. Never mind you adding human trafficking in the rest of the disgustingness that this guy was up to, the financial crimes alone here should be enough to initiate a huge investigation with a wide net that captures all of these people in it. Epstein was kicked out of JP Morgan that year around the same time, two of his most important connections to JP Morgan also left. It's just a coincidence, guys, okay? Just a coincidence. Jess Staley, who by then was the CEO of JP Morgan's investment bank, and Glenn Dubin, the head of hedge fund hybrid capital, which JP Morgan owns. You see all the ties and how they bind here? Justin Dubin, accused of sexually assaulting Virginia Roberts, Jess Staley, accused of enabling

10:16Jeffrey Epstein and helping him with his financial maneuvering. And they just all happened to work at JP Morgan, all a coincidence. The financial sector is everything is fine here, nothing's on fire as smoke pours out of the windows. I am usually the last person to call for regulation. I find that overburdened some most of the time, and in fact, I find it to be difficult to navigate around as a business owner or a manager of a business for the most part. But when we're talking about something like the financial sector where these pieces of shit have proved to us that they can't be trusted, then yeah, it needs to be highly regulated. It won't be because these are the guys that are writing the checks, folks. You think that the politicians are making the decisions? How do you think they get elected? Furthermore, go and take a look at your boy Biden staff. Go take a look at the cabinet. Go take a look at all of the people that were coming in on the transition team and see

11:18how many of them worked in finance. Meet the new boss, same as the old boss. Between 2001 and 2009, Staley, Epstein's most powerful connection at JP Morgan had been running JP Morgan's asset management division. The job or dose landed when Staley was promoted to run the investment bank. Staley is now the CEO of Barclays Bank, not any longer, he's not. But you see how it all works here, right? They want you to believe that this is all just a big misunderstanding and Epstein just happened to slip through the net. But the reality is all of these big wigs were hanging out with Epstein. They were all breaking bread. They all had the same friend circle. Staley's signature achievement at JP Morgan was the 2004 majority stake, the bank took in high bridge capital, which it now owns outright. Today, high bridge is a $25 billion juggernaut and the pillar of the bank's asset management

12:23division. That's what it was all about, okay? And Dubin was a big part of that as well. He was the guy who co-found high bridge. Epstein, it turns out, was partially responsible for making that deal happen. In 1998, according to an individual familiar with the matter, he had introduced Staley to Dubin, the co-founder of high bridge. Now I have heard the same exact thing from the people I know in the financial sector who have told me about the history of this relationship. There's no doubt that the key cog here was that Epstein was able to bring in business, but really it was the high bridge deal that sealed everything that made Epstein like a commodity almost for them that they couldn't do away with. When JP Morgan took its undisclosed stake in high bridge, the hedge fund gave Epstein $15 million for brokering the deal. People inside high bridge questioned what he did to earn that fee, according to a person

13:28familiar with the transaction. That was how it worked. Epstein wouldn't negotiate these deals, right, underhanded deals in the back room with people like Jess Staley, and then his buddies would benefit greatly. And himself, obviously, right? So Epstein gets a $15 million fee for an introduction. And again, I wonder how much of that $15 million, this motherfucker paid taxes on. For any of these people, really, Tyler Reddick here from 2311 Racing. Victory Lane? Yeah, it's even better with Chumba by my side. Race to ChumbaCasino.com, let's Chumba. No purchase necessary, VTW Group, voidware prohibited by law, CT and C's, 21 plus sponsored by ChumbaCasino. High bridge declined the comment on the fees, saying that the deal's terms are private. The Wall Street Journal earlier reported the fee. And again, I heard the same thing. Dubin had become close with Epstein through his wife, Eva Anderson Dubin, a former Miss Sweden and model-turned-doctor philanthropist who had been Epstein's girlfriend in the

14:321980s. Epstein was also an investor in high bridge until Dubin left in 2013. The Dubin's apparently had a relationship with Epstein well beyond finance, even reportedly spending thanks given with him after he was released from prison. Now you see why I keep hammering on this financial portion of all of this? I want you folks to understand that this is the key here. If you really want to take these people down and you want an album, you go after the money. That's how you get them. How do they get Al Capone? Taxes, right? The financial crimes, it's the right way to go if you want to take people like this down. And when you don't see a robust investigation into the finances and into the nexus of those finances, you know that you're being dog-walked by the authorities. On Friday, Dubin's name surfaced once again in the Epstein case, when documents in the defamation suit by Virginia Roberts, one of Epstein survivors, against Golan Maxwell,

15:33the British human trafficker, accused of soliciting the underage girls for Epstein's sexual pleasure, were unsealed. Among the trove of documents was a 2016 deposition of Roberts. In it, she claimed that Dubin was the first person besides Epstein she was forced to have sex with in 2001. Not me saying it, that's Virginia saying it directly in court documents. So is Golan Dubin ever going to have to answer for that shit? Probably not, but he should have to. The Dubin's broke off with Epstein after his recent arrest, publicly denouncing him. Yeah, okay, sure. Even in Eva Dubin are outraged by the allegations against them in the unsealed court records and categorically reject them, a spokeswoman for the couple told institutional investor on Saturday. Well we all know the story of the Dubins at this point, right? But this morning's update was more of a hammer at home type of deal.

16:33I want you all to understand how important the financial aspect is, and not just in this case, any crime really, any kind of huge gigantic criminal enterprise. If you don't chase the money, then you're not really pursuing the case. And when we talk about what's going on here, sure, they were pursuing Golan Maxwell, but are they really pursuing the overall case anymore? And until I see some kind of movement that indicates that there's a robust investigation here for Enzik accountants have been deployed, then I have to think that they're just obfuscating and stalling for more time, hopefully, hoping I people will forget about it. But the reality is this, everybody that was involved here needs to be held accountable. And if you want to really start holding people accountable, well, you all know the deal. Follow the money. All right, folks, that's going to do it. Obviously more is certainly on the way today.

17:36And then tonight, obviously, be back with the evening update. If you'd like to contact me, you can do that at bobby kapuchi at protonmail.com. That's b-o-b-b-y-c-a-p-u-c-c-i at protonmail.com. You can also find me on Twitter at b-o-b-y underscore-c-a-p-u-c-c-i. The link that we discussed can be found in the description box. All right. Here's the credit gear from 2311 Racing. Another checkered flag for the books. Time to celebrate with Chamba. Jump in at chambacasino.com. Let's Chamba. No purchase necessary. B-T-W group void work prohibited by law. CC&C, 21+. Sponsored by Chamba Casino.