Latest / The Epstein Chronicles / Mega Edition: Jes Staley Made Sure Jeffrey Epstein Kept Banking With JP Morgan Chase (7/2/26)

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Mega Edition: Jes Staley Made Sure Jeffrey Epstein Kept Banking With JP Morgan Chase (7/2/26) · The Epstein Chronicles

0:00
Speaker 1: What's up everyone, and welcome back to the Epstein Chronicles.
0:04
One of the more ridiculous claims in the new legal
0:08
filings by Prince Andrew is him actually trying to tell
0:12
us that him and Glane Maxwell weren't homies. It is
0:16
one of the most absurd claims I've heard in quite
0:19
some time, and folks, we've heard them all since we've
0:23
been following this case. But Prince Andrew is adamant in
0:27
these court filings that him and Glane Maxwell, you know,
0:30
they were just casual friends, you know, pass you by
0:33
in the bar, give you a nod of the head
0:35
as you're going to get a pint and keep it
0:37
moving type friends. I guess. Meanwhile, the facts tell a
0:41
completely different story. Tonight, we're going to talk about an
0:44
article from The Mirror that points to nine different times
0:48
Glane Maxwell and Prince Andrew we're looking pretty chummy. But
0:53
we're also going to discuss an article from the New
0:56
York Post about Jess Staley before we even dive in
1:00
about Prince Andrew and his cozy relationship with Glen Maxwell. Now,
1:06
Jess Staley is well, I guess I should say, was
1:11
one of the most powerful men in the financial world.
1:14
This dude was the gatekeeper over at JP Morgan for
1:20
a very very long time. He ran the investment banking
1:24
division over at JP Morgan, and that is where all
1:28
of the big shots come, you know, to do their
1:30
willing and dealing with their money. They come in and
1:34
you know, these guys manage the money for them, make
1:36
transactions whatever it may be. This is what the division
1:40
is there for. And Jess Staley was the guy who
1:44
was the big shot over there, mister head honcho, mister
1:47
dud in charge, and him and Jeffrey Epstein were really close.
1:52
Another one of those relationships that doesn't get the kind
1:55
of spotlight that it deserves, and it certainly does deserve
1:59
a whole lot of spotlight, just like the situation with
2:02
Leon Black. When you have somebody like Jeffrey Epstein and
2:06
he has access to movers and shakers like this in
2:09
the financial world, what are we supposed to think when
2:13
these people are lobbying for him, when these people are
2:16
giving them one hundred and fifty eight million dollars for
2:19
I'm using air quotes right now, folks, advice, what are
2:22
we supposed to think that it's all on the up
2:25
and up that these guys are just you know, chums
2:27
and they're hanging out having a chat like the rest
2:30
of us over you know, Crispy Taco Night. Nobody's buying it.
2:35
Nobody believes that bs. And I'm not gonna sit here
2:38
and tell you that, you know, there's a room full
2:40
of six people who are sitting around, you know, controlling
2:43
the world or anything like that. I'll leave that to
2:45
other people. That's out of my lane. But what I
2:49
will tell you is this, people like Jess Staley, people
2:52
like Leon Black, those people really hold the keys. If
2:56
you're in control of the financial world, if you're the
2:58
in control of the way of you know, the money
3:03
is moving through the banking system, that would give you
3:07
a lot of power, wouldn't it. And when you have
3:09
some of the biggest people in the world in this
3:14
industry hanging out with Epstein and facilitating his financial malfeasance,
3:20
what are we supposed to say? Are we just supposed
3:22
to just say forget it, turn our heads and say, ah,
3:25
no big deal. Usually that's what we would do, right
3:27
if it was just the usual stealing and evading taxes
3:31
and all of that jazz, shrug our shoulders and move on.
3:33
We have bigger problems. All of us got to feed
3:36
our families and we got to continue to pay the
3:38
poor people's tax. Right. But they messed up. They're really
3:42
messed up. When they thought that they were gonna get
3:44
over on us with this one, when they thought that
3:46
the Jeffrey Epstein stuff was just gonna blow over and
3:49
everybody was gonna forget about it. That's not the case.
3:53
Nobody's forgetting about it. People want answers, and people like
3:57
this who were connected to Epstein, who were lobbying for
4:02
him at a huge firm like JP Morgan should be
4:06
held to account. And I know he lost his job
4:08
at Barclays, right, that's a good first step. But why
4:12
haven't we had a real look into the financials here?
4:15
You mean to tell me all of the financial transactions
4:17
Epstein was moving through this bank. We're on the up
4:20
and up. We already know that's not the case. We've
4:23
already seen the finds that these banks have got slapped
4:27
with for their malfeasance, for not respecting the fins in process.
4:33
But none of these bankers, the men in charge, the
4:36
women in charge, the people at the top. When do
4:38
any of them get held accountable. Nobody goes to prison.
4:42
None of these people ever go to prison, and that's
4:45
because they're the ones that are holding the bag. And
4:49
we all know what happens when a president gets elected
4:52
in America, Inevitably, his whole entire cabinet, transition staff, all
4:57
of it is filled with people from the financial sector,
5:00
and then you wonder why the wheel just continues to
5:03
go around and round. All right, So we're gonna talk
5:07
about this article real quick from the New York Post
5:10
and Jess Staley. It's a relatively short article. That's why
5:13
we're doing it at the top end here of this
5:15
episode and not doing an episode for this article alone.
5:19
I don't think there's any point in doing an eleven
5:21
minute episode, so we'll just tack it on here and
5:24
then we'll add the other article right here to the
5:27
back end. This article was authored by Lydia moynihan and
5:34
it was posted in the New York Post headline oust
5:38
did Barclay CEO Jess Staley reportedly backed Epstein at JP Morgan.
5:44
I mean, it's just crazy. JP Morgan's like this gigantic house,
5:48
you know, big time financial institution, and this is the
5:53
sort of stuff they're really getting up to when all
5:56
of the nonsense and you know, the curtains are pulled
5:59
back and you peel their face off when they're talking
6:03
about how woke they are or whatever. Really what they're
6:05
doing is they're trying to refocus all of our energy
6:09
and all of our oh you know, rage, if you will,
6:14
at each other as opposed to them. And they got
6:17
a good glimpse of what was going on during Occupy
6:20
Wall Street, and they understood that there was a ground
6:23
swell coming against them, so they changed their tactics. Meaning
6:26
Corporate America right, and places like JP Morgan and these
6:30
banking institutions, let's put on a friendlier face. But just
6:34
because they say that that's what they are, just because
6:37
they say that they're, you know, hipped to the times,
6:39
we all know that BS walks right. It's a lot
6:45
of BS from these companies because when you look at
6:47
the way they conduct business, it's the same old or
6:51
even worse than usual. Recently, oust did Barclay CEO Jess
6:57
Staley went to bat for convicted sex offender Jeffrey Epstein
7:00
when he ran the investment banking division at JP Morgan.
7:04
According to a report, JP Morgan was examining whether to
7:08
boot Epstein as a client because of his thirteen month
7:11
prison sentence tied to soliciting sex from a minor, meaning
7:14
having sex with an underage girl. Soliciting sex from a minor.
7:18
What an absolutely ridiculous charge. An absolutely ridiculous charge. There's
7:23
no such thing as soliciting sex from a minor. You're
7:27
committing you know, if under a certain age, you're committing
7:32
a rape, statutory rape at the very least. But Staley,
7:41
who ran the Giant's investment bank, argue that Epstein had
7:44
paid his debt to society and should remain a client.
7:47
According to the report Wednesday in the Financial Times, I mean, yeah,
7:50
he really paid his debt to society. Huh. Folks had
7:53
to check into the jail for a couple hours a day,
7:56
was able to run around, still conduct business, go to
7:58
his office, and according to some survivors, continue to abuse
8:02
people while there was a riff on duty. But nah,
8:05
nothing was a miss down there in Palm Beach either.
8:08
I mean, really, he paid his debt to society. Huh.
8:11
There's not enough punishment on this planet for this dude
8:14
to repay his debt to society and forget that his
8:18
debt to these survivors. Staley's efforts came after Epstein was
8:25
convicted in two thousand and eight. According to the FT,
8:28
JP Morgan eventually severed its relationship with Epstein in twenty
8:32
and thirteen, the same year Staley departed the JPM for
8:36
a new job at the hedge fund at a hedge fund,
8:39
before rising to run Barclays in twenty and fifteen. Now,
8:45
I guess it's just another coincidence, right, That's what people
8:47
who want to that's what they'll tell you. Oh, it's
8:49
just another coincidence. Me. I don't know what to call it. Sure,
8:53
are a lot of coincidences. In this case, camera's not
8:56
pointing at the jail cell he happens to leave in
8:58
two thousand and thirty, right when the relationship with Epstein ends.
9:02
You know, just a coincidence, I guess, folks. But really,
9:05
what's going on here is you see the correlation, the
9:09
relationship with Epstein and Jess Staley. It was a tight one,
9:13
and Staley was a huge, huge deal when it comes
9:16
to making the money move. Staley's support for Epstein at
9:21
JP Morgan underscores his long standing ties to the disgraced
9:25
financier Pedophile and how he advocated on Epstein's behalf well
9:29
before it resulted in Staley's exit from Barclay's late last year.
9:33
In November, report surface that Staley and Epstein had exchanged
9:37
around twelve hundred emails during Staley's thirty year tenure at
9:41
JP Morgan. Some emails revealed questionable and unexplained phrases like
9:45
snow white, according to the Ft, and we talked about
9:48
this too, snow white. I mean, look, you can delve
9:52
into a lot of different things when you're talking about
9:55
code words and find yourself down a lot of rabbit holes.
9:59
But they're obviously using some kind of code here. Okay. Now,
10:03
I'm not one of the wind talkers. I'm not gonna
10:05
sit here and tell you, oh I've I got my
10:07
little decoder ring out of the cheerio box and I
10:09
figured it all out. But they're obviously up to something.
10:13
Staley stepped down from Barclays in November after he reviewed
10:16
initial findings from a probe by UK regulators into whether
10:20
he had mischaracterized his relationship with Epstein as purely professional.
10:25
According to the Ft, Staley is contesting the findings. JP
10:29
Morgan declined to comment to the FT. A spokesman for
10:33
Staley also declined to comment. Shocking, right, and they'll get
10:36
away with it. Nobody will hand these people no way.
10:39
They're too busy covering the Stormy Daniels case. Staley has
10:44
stated his relationship with Epstein fizzled following the banker's departure
10:48
from JP Morgan. And that's an ongoing theme too, right, Oh,
10:51
our relationship fizzled, Our relationship ended, shocking. But even after
10:57
he left the bank, helmed by Jamie Diamond, he visited
11:00
Epstein at his private island in the Caribbean, Little Saint James,
11:03
according to reports. And I you know, Jamie Diamond will
11:06
never get called on the carpet for this either. Never. He's,
11:09
you know, one of the golden boys for all of
11:12
the political class. Remember, folks, who's holding the bag here?
11:15
It ain't you? Well you think your one hundred two
11:17
hundred dollars donation to insert politician here is moving the needle.
11:21
They're not accepting your call when you call their office,
11:24
are they You're getting a staffer? You think Jamie Diamond
11:28
gets a staffer if he calls the office of whatever
11:30
politician he's looking to talk to. Staley worked at Blue
11:35
Mountain Capital from twenty and thirteen to twenty and fifteen
11:38
before nabbing the top job at Barclays in twenty and fifteen. Meanwhile,
11:43
Epstein began working with Deutsche Bank in twenty and thirteen,
11:47
according to the FT, after being cut off by JP
11:50
Morgan following Staley's departure from JP Morgan. Epstein died in
11:55
twenty and nineteen in prison as he awaited trial on
11:58
charges he's sextic miners. Now, Deutsche Bank is just a
12:03
den of scum and villainy, and they've been slapped with
12:06
so many fines that it's not even funny. And now
12:09
my question is how many people have they hit with
12:12
the poor people tax? And what I mean by the
12:15
poor people tax is the inflated rates of borrowing the
12:20
finance rates. How many people have they absolutely hammered with
12:24
a twenty percent rate on a car for a piece
12:27
of garbage car that's hardly gonna last. These people are
12:31
just gross. Honestly, at this level, when we're talking about
12:35
this level of banker and the way they conduct themselves,
12:38
you think they care about the survivors or that Jeffrey
12:41
Epstein was a convicted sex offender. No way. He brought
12:45
more money to their pockets, more prestige, opened, some more doors,
12:48
had some more relationships built for them, And like I
12:52
always say, with people like this, the means always justifies
12:56
the ends. And to the rest of us, we look
12:59
around and we just our heads, like, really, one's enough enough.
13:02
Don't you people have enough money? Don't you have enough power?
13:05
But for them the answer is always no. Now, Jess
13:09
Staley is somebody I've been talking about for a long time,
13:12
and before the pandemic, I said that he was in
13:15
big trouble back then, and it took a little while.
13:18
Obviously Barclays was trying to uh write the ship, if
13:22
you will, during the pandemic and didn't want to upset
13:25
the apple cart. But the writing was on the wall,
13:28
and it's no shock to me that he's out, especially
13:31
considering we know how much deeper his relationship with Epstein
13:34
went then they even let on. So that's where we're
13:37
at with Jess Staley and the situation he finds himself
13:41
in currently. Now onto our next article from The Mirror.
13:47
This article was authored by Alana Kindred headline nine Times,
13:53
Prince Andrew and Glene Maxwell looked like good pals, as
13:56
he denies closeness. Now, we talked about this a little
14:00
bit earlier. What a ridiculous claim. How are you going
14:03
to say to anybody that you and Ghlaine Maxwell weren't close.
14:06
It's so ridiculous that his lawyers would even add this.
14:10
I just don't even know what to say about it. Honestly,
14:13
Prince strongly as excuse me, Prince Andrews strongly denied he
14:17
was close friends with now convicted sex trafficker Glainne Maxwell.
14:21
At least they got it right and called her a
14:22
convicted sex trafficker here. That's a good start. The Duke
14:26
of York's reported attempt to distance himself from Maxwell comes
14:29
as he has demanded a trial by combat, I mean
14:31
a trial by jerry denying to a New York court
14:34
a catalog of sex abuse allegations brought by his accuser,
14:39
Virginia Roberts. So obviously that was the first salvo for
14:44
him answering these accusations and giving us this ridiculousness that
14:49
we're talking about still tonight. On December twenty ninth, Maxwell
14:53
sixty was found guilty of offenses relating to her work
14:56
as a fixer for the Duke's associate Jeffrey Epstein, convicted
15:00
pedophile and billionaire. She faces up to sixty five years
15:03
in prison. So a couple things. Duke's associate Jeffrey Epstein,
15:08
There were both of the Duke's associates, okay, and I
15:11
would say that he was probably closer to GLEAINN Maxwell
15:14
than he was to Epstein. Even let's remember Galaiine Maxwell
15:17
was the gatekeeper to the social climb ladder. Miss Roberts
15:25
claims that Epstein and Maxwell made her have sex with
15:28
the Duke three times when she was seventeen, including once
15:32
in London. Prince Andrew, who has always strongly denied the allegations,
15:36
but up until now it was a very generic version
15:39
of denial. Right, Well, he dropped his formal denial, and
15:43
I guess you can see why he kept generic for
15:46
so long, because he has nothing to go on. In
15:49
an eleven page response to Miss roberts lawsuit yesterday, Andrew
15:53
denied wrongdoing, but he did say in this document that
15:57
he met Epstein in or around nineteen ninety nine. The
16:01
Prince refuted her major claims while admitting to befriending Epstein,
16:06
but denied he was ever a close pal of British
16:09
socialite Maxwell. Trafficker Maxwell, you mean and again, absolutely ridiculous, ludicrous, moronic, stupid, gaslighting,
16:19
whatever you want to call it. It's all of that.
16:21
Because we know it's not the case. We've seen the pictures.
16:25
The Duke sixty one said it was not true and
16:28
he was a free that it was not true that
16:30
he was a frequent guest of Epstein's various homes around
16:32
the world, including New York City, where he sexually abused
16:36
Virginia Roberts at Epstein and Maxwell's invitation when she was
16:40
a minor. Andrew's strenuous denials of not being close with
16:44
Maxwell comes years after the pair have been photographed together
16:48
on multiple occasions around the world. I mean yeah, around
16:52
the world. Everywhere you can imagine. These two have been
16:55
photographed together. They had a long history together, folks. And
16:59
you don't have access to the palace the way she did,
17:02
or to the property the way she did, if you're
17:04
not close to somebody Epstein and Maxwell at Balmoral. The
17:12
photo of Epstein and Maxwell sitting in the Queen's log
17:14
cabin in Glenn beg Balmoral was taken in the late
17:17
summer or early autumn of nineteen ninety nine. So there's
17:20
one for you. You know, you got the picture of these
17:23
two at Balamoral. Certainly not a good look for them.
17:28
The next instance, Andrew Maxwell, Donald Trump, and Epstein and
17:32
mar A Lago. February two thousand, Andrew was photographed with
17:36
Donald Trump and his wife Milania Trump. In the background.
17:39
You see Epstein looking directly at the camera and Maxwell's
17:42
face is seen peering into the frame on the right
17:45
hand side. I mean, we all know that these people
17:47
were all paling around together. It's not even a debate
17:51
at this point. Now we don't know exactly the specific
17:58
roles of every single person involved, but we do know
18:01
anyone that was hanging out with Jeffrey Epstein knew what
18:05
he was about, knew that he was not a normal guy,
18:08
And if you were hanging out with him after the
18:10
first conviction, you knew he was a convicted sex offender.
18:14
Andrew and Maxwell at Ascot. Prince Andrew and Maxwell attended
18:17
the Royal Ascot in June two thousand. They were photographed
18:20
with Epstein, another one of the Duke's former girlfriends, Carolyn
18:24
Neville and her husband Edward Stanley, Andrew and Maxwell leaving
18:28
the wedding of a former girlfriend. September two thousand, the
18:31
duke attended the wedding of his former girlfriend or really
18:34
a cecial, with Maxwell. The pair arrived together but walked
18:37
in separately, according to reports at the time. I mean, look,
18:42
all of these different examples are just more evidence of
18:47
the BS he was trying to run on us. The
18:50
next one Andrew and Maxwell partying at a Halloween party.
18:53
The pair were photographed together at supermodel Heidi Clume's Halloween
18:57
party in October of two thousand. Now, remember how close
19:00
they were at this point in time. And now Andrew
19:02
will tell you, oh, well, we weren't close. So what
19:04
are you doing at the Hookers in the Pimps and
19:08
Hose party Hookers and Pimps theme bash at the Hudson Hotel,
19:12
Because that's what you were doing at the Halloween party
19:14
with at how do he clomems Halloween party? So you're
19:18
there with Maxwell, but you're not close, you don't know her.
19:20
You just go to a hookers in Pimps party, Pimps
19:23
and hose party. I mean, when I worked in the
19:27
joint here in Las Vegas. Those parties were wild, absolutely
19:31
insane types of parties invited on a shooting weekend at Sandringham.
19:38
Photos from December two thousand have shown Maxwell and Epstein
19:41
on a pheasant shoot with Andrew. They spent the weekend
19:44
in Norfolk at the Sandringham estate. Andrew spoke to the
19:47
BBC News Night in twenty nineteen about his links to
19:50
Epstein and when he was asked about that weekend, he said,
19:53
it was a straightforward shooting weekend. Whatever that means. Anyone
19:57
want to explain to the rest of us what that means?
19:59
A straightforward shooting weekend? What you have bent shooting weekends,
20:02
crooked shooting weekends. What is a straightforward shooting weekend? Andrew
20:08
photographed with Roberts and Maxwell in London. Now we all
20:11
know about this photograph. I'm not even gonna go into it.
20:15
Maxwell and Kevin Spacey's tour of the palace. So we
20:19
know Kevin Spacey and Maxwell had a tour of the palace,
20:21
got the pictures, the whole nine. So again, how are
20:25
you going to tell us that you're not close with
20:27
Glene Maxwell? And then finally for this article, but certainly
20:31
not the last time they were hanging out. Andrew Maxwell, Epstein,
20:34
and Harvey Weinstein at Andrew's daughter Beatrice's birthday in two
20:39
thousand and six. Beatrice's eighteenth birthday party was held at
20:42
Windsor Castle. Photos published in The Sun on Sunday shows
20:46
now convicted sex offender Harvey Weinstein with Epstein and Maxwell
20:50
talk about the Three Stooges, the three gross disgusting morons.
20:55
Maxwell wore a feathered mask as she smiled in photos
20:58
taken at the bash that was a ten by some
21:00
four hundred guests. Epstein was being investigated by US authorities
21:04
at the time he attended the party. Two months later,
21:07
he was issued a warrant for sexual assault of a minor.
21:10
You mean to tell me that nobody warned the Prince.
21:12
Nobody in the Foreign Affairs Office called over and said, Hey, look, dude,
21:16
Jeffrey Epstein's sick fuck boys. What are you guys doing?
21:20
Maybe they didn't, but I'll tell you what either way,
21:24
what's Prince Andrew doing? I mean, here's an idea, why
21:26
don't you google the people you're hanging out with. During
21:31
a newsnight interview in twenty nineteen, Andrew claimed he didn't
21:35
know about the proceedings and that Epstein had attended because
21:38
he had invited Maxwell. So again he says in the interview,
21:41
he invited Maxwell, but all of a sudden him and
21:44
Epstein were the close ones. None of it makes sense,
21:47
all right, the whole story he's pitching, and this whole
21:50
entire line that him and Maxwell weren't close might be
21:53
what sinks him here. And that's why I wanted to
21:55
focus on this again tonight. Pretty sure Judge Kaplan's going
21:59
to take a look at this and say the same
22:00
thing I'm saying, what are you talking about, Buddy? I
22:03
see the evidence here. You were obviously close to her,
22:06
And if you can't be truthful about the very basics,
22:09
the small little nuance, then you're definitely not being truthful
22:14
about the overall story either. So that's where it's at
22:17
with Prince Andrew. And when you look at the rebuttal
22:22
he put forward here, it is absolutely ridiculous. And for
22:27
him and his legal team, I mean, maybe they were
22:29
excited when they put that together. They all had a toast,
22:33
maybe clanked a couple of glasses, thought they did a
22:36
good job. But boys, tell you what, barely getting a
22:41
c grade here and lucky to get that, because this
22:45
whole entire response was not the right way to go
22:49
about it in my opinion. Anyway, I guess we'll have
22:51
to see. We'll come back and we'll check this episode
22:55
after all is said and done, and we'll see if
22:57
I was close to the mark or not. But so far,
23:00
when we're talking about these people and the way they've
23:04
gone about defending themselves, this has not been the right
23:06
way to do it. They've all failed, and I would
23:09
expect to see Prince Andrew fail as well if he
23:12
keeps this up. Especially So tomorrow morning we'll pick back
23:16
up and we'll see what's going on with Maxwell and
23:19
Epstein and Andrew and the rest of them. And you
23:22
know that we're going to have a couple of curves
23:24
in the road, if you will, and some more bumps
23:28
before we get to the end here, because there is
23:32
so much more we do not know. For everything that
23:34
we do know, there's a ton more that we don't know.
23:38
And every day more becomes available, and as we get
23:41
more document dumps and more things are unsealed, hopefully we'll
23:45
get more information and the picture will become more clear.
23:51
All right, everybody that's going to do it for tonight.
23:53
I will be back tomorrow morning with a morning update.
23:56
Obviously some context episodes come in your way in the
23:59
meantime and will be off and running. If you'd like
24:03
to contact me, you can do that at Bobby Kapucci
24:05
at ProtonMail dot com. That's bo bb Y c ap
24:09
you Cci at ProtonMail dot com. You can also find
24:14
me on Twitter at Bobby Underscore c ap u Cci.
24:20
The link that we discussed, or the links I should say,
24:22
can be found in the description box. What's up everyone,
24:26
and welcome back to the Epstein Chronicles. One of the
24:30
key figures when we're talking about following the money and
24:35
talking about how Epstein was able to manipulate the financial
24:38
system has to be Jess Day. This is a man
24:44
who was uniquely positioned to help Jeffrey Epstein along the way,
24:49
and to not only help him, but to offer him
24:53
other avenues to get rich on the IPOs that that
24:58
he was offered, the grap hustle, the access to the
25:02
other people as far as the wealth fund goes. All
25:07
of this was made possible by Jess Staley, and for
25:11
Jess Staley, the relationship with Epstein was huge having a
25:15
guy like that as part of his portfolio, A guy
25:18
like that that could bring other rich people within the fold.
25:23
That's worth it's weight in gold to people like Jess Staley.
25:25
And who cares if Jeffrey Epstein is a scumbag? Who
25:28
cares if he's a convicted a human trafficker or a
25:32
convicted sex offender at that point doesn't matter. And then
25:37
for Jess Staley to leave the position he was in
25:42
to only land over at Barclays is just beyond the
25:46
pal And Barclays will say, well, we had no idea,
25:51
and they knew they thought that this was all over
25:54
and done with though they had no idea that Epstein
25:58
was going to get arrested a second time and that
26:00
the lid was going to get blown off of this
26:02
thing once again. So they thought that they were in
26:05
the clear. They thought they were never going to have
26:07
to answer any questions about Jess Staley and his relationship
26:12
with Epstein. They thought that it was never ever going
26:15
to come back to haunt them. Well guess what fast
26:18
forward to today and that is not a reality, is it?
26:23
Because not only did it come back to bite them,
26:26
they had to get rid of Jess Staley because there
26:29
was no way that they were going to be able
26:30
to navigate the waters that were coming up with Epstein
26:37
and his stench dragging them all down. So see you later,
26:43
Jess Staley and Barclays, they'll you know, wash their hands
26:48
clean of it and they'll say, well, we did the
26:50
right thing, we got rid of them, so you know,
26:52
we have nothing to you know, to do with any
26:54
of this. But in reality, how many money launderers are
26:58
moving their money through Barclay? How many other people like
27:01
Jeffrey Epstein were being helped by a guy like Jess Staley.
27:08
My guess is, and I can't prove this, folks right,
27:11
but my guess is a whole hell of a lot
27:13
of them. And we know that the United States of America,
27:18
we know that the UK London specifically are used as
27:24
money washing spots and places to park this dark money.
27:28
And guys like Jess Staley and you know, the folks
27:32
that he rolls with, who would know how to manipulate
27:35
those systems better? Tonight we have an article from the
27:40
Evening Standard that's going to talk a little bit more
27:43
about Jess Staley, and tomorrow we'll get to see what
27:48
Barclay's paid Jess Day on the way out, and I'm
27:53
sure it's a huge amount of money, right when it's
27:55
a guy like Jess Staley we're talking about. You know,
27:57
he's not walking out the door for free, but they
28:01
definitely would be willing to pay him whatever to get
28:04
that stink off of them, considering that they only got
28:08
the preliminary results back from the investigation too, and they
28:13
were able to get this amount of information just from
28:19
the prelimbs that was disturbing enough for them to make
28:22
this decision on just these basic preliminary findings. It has
28:27
to be a pretty bad report overall. So Jess Staley
28:33
is basically finished. You would think, right, there's not going
28:37
to be another institution that wants to pick him up
28:40
or do business with him or anything like that at
28:42
this point. At least, I wouldn't think so, But who knows.
28:46
In the financial sector, you would think after the first
28:49
go around with Epstein, he wouldn't have landed on his
28:51
feet at Barclays. But here we are. Like I said,
28:55
this is an article from The Evening Standard and the
29:00
author of this article is Simon English. Headline. Barclay's poised
29:06
to reveal what it paid Jess Staley as he left
29:08
over Epstein scandal. The bank annual report is due out
29:13
tomorrow Wednesday. How much money did Barclays pay to Jess
29:18
Staley as he exited the bank owing to some unpleasant
29:22
business with disgraced financier and sex offender Jeffrey Epstein. Now
29:26
that's definitely a huge question, and it'll be again it'll
29:29
be an obscene amount when we find out the actual number.
29:32
It'll be an amount where you say to yourself, must
29:36
be nice, Must be nice to run around and be
29:38
a scumbag and be rewarded for it. Imagine being so
29:42
shitty at your job somebody was willing to give you
29:45
millions and millions of dollars to kick rocks and leave.
29:50
That's basically what's going on here with Jess Staley. Look, bro,
29:53
you're such a pariah, you're such an embarrassment because of
29:57
your behavior, because of your friendship with Jeffrey Epstein, that
30:00
we're gonna give you this big, fat ass bag of
30:03
dough and we want you to leave. The bank has
30:08
results and an annual report out tomorrow, so we'll find
30:11
out then, assuming it doesn't mysteriously leak before then, of course,
30:16
And I haven't seen anything about the payout yet, so
30:20
I'm guessing it hasn't leaked, but maybe it's out there somewhere. Again, Tomorrow,
30:26
when we get those annuals, we'll have a better idea.
30:28
But this guy is it's just absurd. The whole entire
30:31
thing is absurd. Why a payoff? Well, I could be wrong,
30:38
but the wording of the statement at the time strongly
30:41
suggests that money will have changed hands. Of Course, again,
30:45
this guy isn't walking out of the place and not
30:50
getting any money. He's not walking out of this huge,
30:54
gigantic job of his and not getting paid. It's just
30:59
not that's not reality. Even when these guys do scumbag,
31:02
disgusting activities with other scumbags, they're protected most times by
31:07
the language in their contracts. And most of these guys,
31:11
when you're talking about this level of executive they have
31:15
golden parachutes even when they screw up, even when they
31:20
act the fool. Barclays and Staley parted company last November
31:27
after receiving the early conclusions of an investigation by the
31:31
Financial Conduct Authority into how he had characterized his relationship
31:36
with Epstein, and again if you're getting jettisoned for a
31:40
fat bag a doe over the prelimbs in the report,
31:46
you gotta think that that report is just atrocious and
31:50
the things that that reports talking about are not gonna
31:53
be a good look for Barclays and especially for Jess
31:58
Staley himself. The watch dog thinks he didn't quite tell
32:01
everything he should. In other words, Staley plans to fight
32:04
the regulators. Oh, of course he does. Guys like this there,
32:12
Hubris knows no bounds, Folks. He's not going to sit
32:14
back and just let the regulators try and label him
32:17
or put him in a box as one of Jeffrey
32:20
Epstein's friends, even though he is, even though all of
32:24
the evidence points that way. Barclay said at the time,
32:30
in view of those conclusions and mister Staley's intention to
32:33
contest them, the board and mister Staley have agreed that
32:37
he will step down from his role as group chief
32:39
executive and as a director of Barclay's. So basically, what
32:44
they're saying is, you decided you wanted to fight these
32:47
findings in the regulations. We're not standing besides you. We're
32:51
not standing up and saying, hey, look, he has an
32:53
argument here he has been wronged and they have access
32:57
to all of this. They're the ones who initiated their
33:00
own internal investigation as well. So for Jess Staley, it
33:05
is definitely an Armageddon type situation for this dude as
33:09
far as his career goes at Barclays anyway, It added
33:15
the board is disappointed at this outcome. Mister Staley has
33:18
run the Barclays group successfully since December twenty fifteen with
33:22
real commitment and skill. Yeah, well before that, what was
33:25
he doing? Oh that's right, helping Jeffrey Epstein pillage money
33:30
and put money off shore stash money, look the other
33:33
way when he knew what the source of Epstein's money is. Obviously,
33:37
without a real investigation into all of this, you know,
33:40
forensic accountants and the rest of it, we'll never get
33:43
to the bottom of it. But how much more evidence
33:47
do you need here? It's rather obvious what Jess Staley's
33:52
operation was when it comes to hanging out with Epstein,
33:56
what his purpose was. Staley has paid four million pounds
34:01
in twenty twenty and nearer six million pounds in twenty nineteen,
34:06
so the guy has already made a killing of a
34:08
shit ton of money. Working for Barclays never should have
34:11
had that job in the first place. But somehow people
34:15
like this always seem to land on their feet, don't they.
34:18
It's like the bad coaches in football, Like I always say,
34:22
these retread football coaches. Somehow you have never had a
34:26
winning season, but now all of a sudden, you're supposed
34:29
to be a winning coach and you're going to be
34:31
the guy that leads the team to victory. It's the
34:35
same kind of nonsense here. Jess Staley, while a decent
34:38
businessman obviously and good at what he does, I would
34:41
guess that doesn't get rid of the baggage that he
34:45
brings with them. And anybody who was paying attention to
34:48
what's going on with Jeffrey Epstein and Staley's relationship with Epstein,
34:53
it's rather obvious that these dudes were way close and
34:56
that should have set off all kinds of alarm bells
34:59
at bar Whether the amount paid is purely a contractual
35:05
obligation or not, it is plainly going to attract headlines.
35:09
If somehow the amount is zero, what does that say
35:12
about what else is in the FCA investigation? And that's
35:16
a big point too. If it's nothing and he doesn't
35:19
get any money out of this, that would mean that
35:22
there is something seriously egregious that has been found in
35:25
this investigation. And if that's the case, boy, I'll tell
35:29
you what, Jess, Staley is in for an even worse
35:33
ride than I might have assumed, because if it's that
35:37
bad and that egregious, the stuff that is found in
35:40
this report, he will never ever work again. Now, obviously
35:44
dude has more money than I'll ever know what to
35:46
do with, but he'll never be able to facilitate these
35:50
scumbags and ever again. And I look at that as
35:53
a bit of a victory. At least. The Ft reported
35:58
last year that Staley's change twelve hundred emails with Epstein
36:02
over four years. Maybe this is just because Staley is
36:06
a chatty, indeed likable guy. Eh negative, Okay, we know
36:10
that's not the case. I mean, look, you want to
36:12
give him the benefit of the doubt. And for somebody
36:14
who doesn't follow the Epstein case, or who doesn't follow
36:18
this whole entire situation, yeah, you could look at it
36:21
as maybe them just being friends or acquaintances or whatever.
36:25
But when you dig deeper and you see all of
36:29
the different factors that went into their relationships, Staley going
36:35
to the island to visit all of the rest of it.
36:37
It's very hard for me to look at it and say, oh,
36:40
this was just a purely business relationship. And even if
36:43
it was, this dude was facilitating all kinds of shady
36:49
ass money moves. Stop talking. Mate was one was sometimes
36:58
inclined to think I thought I knew him. Plainly I
37:01
did not, is what Staley said to me about Epstein
37:04
at an earlier juncture. Look, guys like Epstein, you don't
37:08
really ever know guys like Epstein. Okay, that's his idea
37:12
is you're never going to get to know him. You're
37:14
going to be used as a tool, manipulated and positioned
37:20
in a place that's going to help Epstein with whatever
37:23
his designs are. That he stayed in touch with after
37:36
Epstein had a conviction for sex offenses doesn't say much
37:39
for his judgment, though perhaps he is just, as he
37:43
also once said, accident prone. Yeah, I guess that's it,
37:47
you know, just an accident prone guy. I had no
37:50
idea that I was hanging out with Epstein. I just
37:52
happened to fall into this relationship, and I couldn't you know,
37:56
extract myself from it. What the guy is another look,
38:02
another buffoon, and I am not so much anymore. But
38:07
I used to be so shocked that these people in
38:09
these such powerful positions are such buffoons. The shame of
38:15
it is he was very a very good chief executive.
38:18
Profits tomorrow of perhaps eight billion pounds will speak to that.
38:22
At investec Ian Gordon headed his latest note on Barclays
38:26
harvesting Jess's rich legacy. Last night, Sky News reported that
38:32
Barclays has frozen millions in share awards to Staley while
38:36
the FCA probe continues. So he's not getting any of
38:39
this dough as of right now. And even though he
38:42
was at the helm and led them to some big gains,
38:45
he's not going to reap any of those benefits, at
38:48
least right now. Now. We don't know what's going to
38:51
happen in the future. With the report and him challenging
38:54
all of this. That can all change and he can
38:57
walk away with a gigantic chunk of change, no doubt
39:00
about it. But we'll have to see. So it may
39:06
be that he gets a flat twelve months pay two
39:09
and a half million pounds with the rest on hold
39:12
he holds share is worth more than twenty million pounds. Plainly,
39:16
Barclays would rather we focus on what it hasn't given Staley,
39:20
at least yet, rather than what it has well. That
39:24
goes without saying, Look, Barclays doesn't need the bad publicity.
39:29
They don't need people like me talking about this. But
39:32
unfortunately for them, they hired this idiot. They hired this
39:35
boob and it wasn't like he didn't have the stench
39:39
of Epstein hanging off of him. It wasn't like he was,
39:42
you know, somebody who wasn't a known associate, a known
39:46
enabler of Jeffrey Epstein when they hired him. Neither Barclays
39:54
nor a representative for Jess Staley had any comment, and
39:58
they definitely won't. That's not in their They're not in
40:02
the business of giving comments out when their stories like
40:04
this on the horizon or stories like this that are breaking,
40:08
not really interested in speaking to the media. But that's
40:13
where we're at with Jess Staley, folks, and this whole
40:16
situation with his pay and how much is going to
40:18
get froze, how much he's going to get very very
40:21
interesting because it does give us a bit of a
40:24
tell on what is in that report. If he comes
40:27
away with this with nothing, that's definitely a huge sign
40:31
that this report is going to be all bad for him. Now,
40:35
I don't think that's going to happen. I'm pretty sure
40:37
he's going to walk away with some money now, probably
40:40
some some fuzzles frozen on the back end there, and
40:44
eventually he'll be made whole, because these guys always get
40:47
made hole in the end. But it's nice to see
40:50
him sweating a little bit right now and at the
40:52
very least having to answer for his enabling of Jeffrey Epstein,
40:56
at least in this small little way. All right, folks,
41:01
that's going to do it for tonight's update, Come in
41:05
your way some context. Episodes end an episode about the
41:09
situation in Ukraine right now, between Russia and Ukraine, so
41:16
we have that on the way as well, and tomorrow
41:19
right back at it, same old schedule, all right, folks.
41:22
If you'd like to contact me, you can do that
41:23
at Bobby Kapuchi at ProtonMail dot com. That's Bobby c
41:29
ap you Cci at ProtonMail dot com. You can also
41:33
find me on Twitter at Bobby underscore c ap u Cci.
41:40
The link that we discussed can be found in the
41:42
description box all Right, Everybody