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Friday, April 26, 2024

JPMorgan’s Jamie Dimon Has Gone to Defcon 1 Over Bank’s Ties to Jeffrey Epstein

Courtesy of Pam Martens

Yesterday afternoon, Jamie Dimon had his world rocked. And not in a good way. Dimon is the Chairman and CEO of the largest bank in the United States, JPMorgan Chase, which has over 5,000 retail branches blanketing the U.S. and has scooped up $1.6 trillion in deposits, much of it from moms and pops who have no idea that the bank is a three-time felon.

When you’re a 3-count felony bank and still on probation until January of 2020, you really don’t want to see your name appear in the New York Times connected to the most radioactive felon in the United States right now, Jeffrey Epstein, the man newly indicted on July 6 on charges of sex trafficking of underage girls and sexually assaulting dozens of them.

But that’s what happened yesterday afternoon. The New York Times published a story online that appears today in its New York print edition on the front page of the Business Section. Here’s the Defcon 1 part:

“When Jeffrey Epstein was serving time in Florida for soliciting prostitution from a minor, he got a surprising visitor: James E. Staley, a top JPMorgan Chase executive and one of the highest-ranking figures on Wall Street.”

We know Dimon was aware of the story before it hit the wires because the Times adds this: “Spokesmen for JPMorgan declined to comment on any aspect of their roughly 15-year relationship with Mr. Epstein.”

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