Latest / Beyond The Horizon / Mega Edition: Jes Staley And The Transcripts From His Epstein Related Trip To Congress (Part 8-10) (11/3/26)

Transcript

Mega Edition: Jes Staley And The Transcripts From His Epstein Related Trip To Congress (Part 8-10) (11/3/26) · Beyond The Horizon

• 0:00
  Speaker 1: What's up everyone and welcome to another episode of the
• 0:03
  Speaker 1: Epstein Chronicles. In this episode, we're going to dive right
• 0:06
  Speaker 1: back in to the Jess Staley transcript from his trip
• 0:09
  Speaker 1: to Congress. Question. When you reported it to Mary Erdos,
• 0:14
  Speaker 1: he gets corrected by Staley. You mean Langford? Question Langford.
• 0:19
  Speaker 1: What did you say? Answer. I said this. This is
• 0:22
  Speaker 1: something that I think both Mary and I said. This
• 0:25
  Speaker 1: is something very concerning. And let's get the bank to
• 0:28
  Speaker 1: look into it and decide what to do. Question, why
• 0:31
  Speaker 1: did they not part ways with Mr. Epstein at the time? Answer,
• 0:34
  Speaker 1: my understanding is the bank restricted his activities significantly within
• 0:38
  Speaker 1: the bank. And while looking back, it may not seem
• 0:41
  Speaker 1: as much, but back then, that was a major move
• 0:44
  Speaker 1: by the bank. And I think for the moment in time,
• 0:47
  Speaker 1: that deemed sufficient withdrawal of the bank's Epstein business activities. Question,
• 0:52
  Speaker 1: how many meetings took place on this? Answer, I don't
• 0:55
  Speaker 1: know how often the rapid response team met. Question, for
• 0:58
  Speaker 1: the record, the committee... has reviewed documents that reflect at
• 1:01
  Speaker 1: least five to six meetings on this topic. Staley, also
• 1:05
  Speaker 1: those rapid response meetings would also, I think, were filed
• 1:08
  Speaker 1: with the federal government. Question, thank you. In July 2006, Mr.
• 1:12
  Speaker 1: Epstein was arrested for the first time for soliciting prostitution
• 1:16
  Speaker 1: for minors. Did you discuss the allegations with Mr. Epstein? Answer, yes. Question,
• 1:21
  Speaker 1: can you describe what happened in that conversation? Answer again.
• 1:26
  Speaker 1: He said he was shocked by the allegation. He denied it.
• 1:28
  Speaker 1: and he denied the ages. Question, Palm Beach detective Joseph
• 1:32
  Speaker 1: Ricari spoke out about his belief that Epstein was tipped
• 1:36
  Speaker 1: off about the raid since multiple computers expected to be
• 1:39
  Speaker 1: at his house were missing when the search warrant was executed.
• 1:43
  Speaker 1: Did anyone tip off Mr. Epstein to the raid? Answer,
• 1:45
  Speaker 1: I have no idea. Question, did you ever hear of
• 1:49
  Speaker 1: anyone informing Mr. Epstein about the impending search warrant? Answer, no. Question,
• 1:54
  Speaker 1: were you surprised by his arrest? Answer, sure. Question, why? Answer,
• 1:59
  Speaker 1: because I had known Epstein for a number of years. Again,
• 2:01
  Speaker 1: he was involved with things like Highbridge Capital Transaction, and
• 2:05
  Speaker 1: someone who, you know, gets arrested with sex with a minor,
• 2:08
  Speaker 1: that's shocking. Now Ms. Toland jumps in. Question, what exactly
• 2:12
  Speaker 1: did Mr. Epstein tell you had occurred that led to
• 2:15
  Speaker 1: his arrest? Answer, I think there was press about victims
• 2:19
  Speaker 1: reporting to authorities that they were victimized, and I think
• 2:22
  Speaker 1: that's what prompted it. Question, what did he tell you
• 2:25
  Speaker 1: about his side of the story? Or did he tell
• 2:27
  Speaker 1: you something different? Ms. Brignac, so on his arrest, it's
• 2:30
  Speaker 1: published in the press, more people are becoming aware. Did
• 2:33
  Speaker 1: you begin to hear any rumors that his conduct with
• 2:36
  Speaker 1: minors or a young woman? Answer, just what I read
• 2:39
  Speaker 1: in the press. Question, but did you discuss it with
• 2:42
  Speaker 1: anyone else in your financial circle? Did any more information
• 2:45
  Speaker 1: become available as you began to discuss it with others? Answer,
• 2:50
  Speaker 1: separate from the press, I don't believe so. Question, the
• 2:52
  Speaker 1: FCA says they doubted you. Were surprised at the arrest
• 2:57
  Speaker 1: given all the reports and allegations that you were aware
• 2:59
  Speaker 1: of by then? Answer in 2006. Question correct. The FCA
• 3:05
  Speaker 1: found that the bank at large was well aware and
• 3:07
  Speaker 1: that by 2006 the reports and allegations he was facing
• 3:11
  Speaker 1: caused them to doubt to believe that you would have
• 3:14
  Speaker 1: been surprised. Answer. Are you sure that's 2006? I think
• 3:19
  Speaker 1: the bank was as surprised as I was. Question the FCA.
• 3:22
  Speaker 1: said that by 2006, but definitely by 2010, JP Morgan
• 3:26
  Speaker 1: was aware, given Mary Erdo's testimony. Answer, that's four years.
• 3:31
  Speaker 1: So let's ask the question in the context of 2010. Question,
• 3:35
  Speaker 1: so my question to you is, do you think the
• 3:38
  Speaker 1: FCA stated that they doubt you were surprised by the allegations? Answer,
• 3:43
  Speaker 1: I think in 2010, I would not have been surprised
• 3:45
  Speaker 1: by the allegations. Question, why? Answer, he'd gone to jail
• 3:49
  Speaker 1: for it. Question, so at the time, You did understand
• 3:52
  Speaker 1: that he was soliciting prostitution for minors. Answer, he had
• 3:56
  Speaker 1: pleaded guilty and he'd gone to jail. Question, thank you.
• 4:00
  Speaker 1: Now we got Ms. Tolan again. And just one quick
• 4:02
  Speaker 1: follow-up on the rapid response meeting that we were discussing
• 4:05
  Speaker 1: a moment ago. Why were you not part of the
• 4:08
  Speaker 1: team or those meetings? Staley, because I was not part
• 4:11
  Speaker 1: of the rapid response team. Brignac now asking questions. Question,
• 4:17
  Speaker 1: I would like to enter into the record Majority Exhibit 7.
• 4:19
  Speaker 1: This is an email exchange between you, Mr. Staley, and Mr.
• 4:23
  Speaker 1: Epstein on November 1st, 2009. It's bait-stamped EFTA 007-68032. Brignac,
• 4:32
  Speaker 1: we'll go off the record to pass this out and
• 4:35
  Speaker 1: give you a moment to review. We'll go back on
• 4:37
  Speaker 1: the record. Question, so on November 1st, 2009, you emailed Mr. Epstein,
• 4:42
  Speaker 1: so when all hell breaks loose and the world is crumbling,
• 4:46
  Speaker 1: I'll come here and be at peace. Presently, I'm in
• 4:48
  Speaker 1: the hot tub with a glass of white wine. This
• 4:51
  Speaker 1: is an amazing place, truly amazing. Next time we're here together,
• 4:55
  Speaker 1: I owe you so much, and I deeply appreciate your friendship.
• 4:58
  Speaker 1: I have few so profound. Mr. Staley, what prompted you
• 5:02
  Speaker 1: to send this email? Answer, I believe this is when
• 5:05
  Speaker 1: I visited his ranch. I was in Albuquerque on business,
• 5:08
  Speaker 1: and my understanding was he had the largest ranch in
• 5:11
  Speaker 1: the state of New Mexico. He wasn't there, but I
• 5:13
  Speaker 1: was going to travel home that day. I asked if
• 5:16
  Speaker 1: I could stop by and see his ranch. There was
• 5:18
  Speaker 1: a couple taking care of the ranch. I was there.
• 5:21
  Speaker 1: They happened to have a saddled horse for me. I
• 5:23
  Speaker 1: ride horses. So I went for a quick ride on
• 5:26
  Speaker 1: the horse, got off. And I remember in the basement
• 5:28
  Speaker 1: of the house was like a spa area with a
• 5:30
  Speaker 1: big swimming pool. And I just went there to take
• 5:33
  Speaker 1: a shower and change. And I believe there was, I
• 5:36
  Speaker 1: took a shower and I jumped into the hot tub.
• 5:38
  Speaker 1: I think there was a mini bar and I grabbed
• 5:40
  Speaker 1: a glass of white wine and I later sent them
• 5:42
  Speaker 1: the email. Question, what did you mean by I owe
• 5:45
  Speaker 1: you so much? Answer, you know, he had been helpful
• 5:48
  Speaker 1: in my career. He had done. He was instrumental in
• 5:51
  Speaker 1: the high bridge transaction. He had given me, you know,
• 5:54
  Speaker 1: advice along the way. And I was visiting this extraordinary ranch.
• 5:59
  Speaker 1: And as I said, I use effusive language. And that's
• 6:01
  Speaker 1: what I was doing. Question, you testified earlier that you
• 6:05
  Speaker 1: understood that he did solicit prostitution for minors when he
• 6:08
  Speaker 1: pled guilty. He pled guilty in 2008. And you sent
• 6:12
  Speaker 1: this email in 2009. So why did you maintain your
• 6:16
  Speaker 1: friendship with Mr. Epstein who had solicited prostitution for minors?
• 6:21
  Speaker 1: Answer again. It's inconceivable to me that he would have
• 6:24
  Speaker 1: continued and I thought he had paid his fine. He
• 6:26
  Speaker 1: had gone to jail. My expectation as he would have
• 6:29
  Speaker 1: reformed himself. And so I maintained the relationship because he
• 6:32
  Speaker 1: had done a number of viable things to me in
• 6:34
  Speaker 1: my career. Question. So you maintain your relationship with a
• 6:38
  Speaker 1: sex offender because he did valuable things for your career. Answer.
• 6:42
  Speaker 1: I thought it was a one-off event. And so, no,
• 6:45
  Speaker 1: I didn't think. I'll leave it at that. Question, why
• 6:48
  Speaker 1: did you believe he would reform himself? Question, because I
• 6:51
  Speaker 1: would think if you would go, if you spent time
• 6:53
  Speaker 1: in jail, the last thing you would do is repeat
• 6:55
  Speaker 1: the behavior that put you in jail. Question, Mr. Staley,
• 6:59
  Speaker 1: you seem to have a great recollection about the ranch
• 7:01
  Speaker 1: and all the events that took place there in 2009,
• 7:05
  Speaker 1: but you can't remember the Snow White events of July
• 7:08
  Speaker 1: 2010 based on your memory? Can you help reconcile my
• 7:12
  Speaker 1: confusion on this? Answer, one thing, getting in the car,
• 7:16
  Speaker 1: driving an hour, going to a ranch, riding on a horse,
• 7:19
  Speaker 1: seeing a whole new environment, you know, using the spa,
• 7:22
  Speaker 1: the whole thing surrounding it, as opposed to someone who
• 7:25
  Speaker 1: apparently I crossed, you know, for a few minutes, I
• 7:27
  Speaker 1: think is quite a difference. Question, do you normally see
• 7:31
  Speaker 1: young women in Halloween costumes at your friend's house? Answer, again,
• 7:35
  Speaker 1: I don't recall that I met someone in a Halloween costume. Question,
• 7:39
  Speaker 1: but you said you may have. Answer, I don't. He
• 7:42
  Speaker 1: gets cut off. Question, That's not an event you recall? Answer,
• 7:46
  Speaker 1: I don't remember seeing Snow White. Question by Ms. Toland.
• 7:50
  Speaker 1: And when you visited his ranch, did you see anyone
• 7:52
  Speaker 1: else there besides the couple who worked there? Answer, no,
• 7:55
  Speaker 1: just the couple and the horse. Question, on your visits
• 7:58
  Speaker 1: to any of Mr. Epstein's properties, did you see anything unusual? Answer, no. Question,
• 8:03
  Speaker 1: it's been reported that Mr. Epstein kept nude photographs in
• 8:06
  Speaker 1: his home. Did you ever see nude photographs? Answer, no. Question,
• 8:10
  Speaker 1: did you see unusual artwork? Answer, yes. Question, what did
• 8:14
  Speaker 1: you see? Answer, the one that stands out is that
• 8:17
  Speaker 1: he had a painting of someone reclining in a chair
• 8:19
  Speaker 1: with like sort of a dress on with the head
• 8:21
  Speaker 1: of President Clinton. Question, do you know why he had
• 8:24
  Speaker 1: this photograph? Answer, no. Question, did you ever ask about it? Answer,
• 8:28
  Speaker 1: I think he saw it as some sort of joke. Question,
• 8:32
  Speaker 1: in prior testimony, you've stated that over 25 individual entities
• 8:36
  Speaker 1: were referred to the bank by Mr. Epstein, to include
• 8:39
  Speaker 1: Sergey Brin, Google Sultan Ahmed bin Suleiman, Ehud Barak, Peter Mandelson,
• 8:44
  Speaker 1: Mort Zuckerman, LaFrac Family, Highbridge Capital Management, Glenn Dubin, Eva Dubin,
• 8:50
  Speaker 1: Andrew Farkas, Catherine Rumler, Bill Gates, Leon Black, Boris Nikolic,
• 8:54
  Speaker 1: David Gergen, Larry Summers, Nathan Mierwald, Kimball Musk, Elon Musk,
• 8:59
  Speaker 1: Les Wexner, Bill Richardson, and George Mitchell. Is that correct? Answer, yes. Question,
• 9:06
  Speaker 1: did Mr. Epstein also facilitate meetings between individuals at J.P.
• 9:10
  Speaker 1: Morgan with Andrew Mountbatten-Windsor? formerly known as Prince Andrew? Answer,
• 9:15
  Speaker 1: I don't believe so. Question, I believe you previously testified
• 9:18
  Speaker 1: that he did. Answer, that he did. Question, is your testimony? Answer,
• 9:22
  Speaker 1: so ask the question again, sorry. Question, has Mr. Epstein
• 9:25
  Speaker 1: facilitated meetings between individuals at J.P. Morgan with Andrew, Mountbatten, Windsor,
• 9:30
  Speaker 1: formerly known as Prince Andrew? Answer, yes, sorry, I apologize. Question,
• 9:35
  Speaker 1: thank you. Why did Mr. Epstein refer these clients to J.P. Morgan? Answer,
• 9:41
  Speaker 1: I think it was part of him building out his network.
• 9:43
  Speaker 1: And I think in hindsight, I think that what he
• 9:46
  Speaker 1: was doing was, you know, we thought he was introducing
• 9:48
  Speaker 1: us to these people to help JP Morgan. But I
• 9:51
  Speaker 1: think he was showing to these individuals that he was
• 9:53
  Speaker 1: connected to JP Morgan to build his credibility. Question, did
• 9:58
  Speaker 1: all these referrals eventually become client-friendly? of JP Morgan? Answer,
• 10:01
  Speaker 1: I think many of them were already clients actually, and
• 10:05
  Speaker 1: some of them became clients. Yes, like Larry and Sergey
• 10:08
  Speaker 1: Brin of Google became clients on the back of that. Question,
• 10:13
  Speaker 1: did you benefit from any of these client referrals? Answer,
• 10:16
  Speaker 1: I mean if you're running the private bank. and you
• 10:18
  Speaker 1: get introduced to three of the five wealthiest men potentially
• 10:21
  Speaker 1: in the world, yeah, that's a valuable thing. Question, but
• 10:25
  Speaker 1: did it actually benefit your career? Did you realize any
• 10:28
  Speaker 1: benefit in your career? Answer, beyond what is reflected in
• 10:31
  Speaker 1: the private bank, I didn't personally get something individually because like,
• 10:35
  Speaker 1: there's no finder fee or something like that, if that's
• 10:38
  Speaker 1: what you're referring to. Answer, there's no monetary benefit. Answer, no. Question,
• 10:42
  Speaker 1: did you manage the client's accounts? Answer, no. Question, did
• 10:46
  Speaker 1: Epstein ever ask you To take a role in someone's account? Answer, no. Question,
• 10:51
  Speaker 1: was Mr. Epstein involved in any of the accounts? Answer, no. Question,
• 10:55
  Speaker 1: how much revenue did J.P. Morgan generate from Mr. Epstein's
• 10:58
  Speaker 1: new client referrals? Answer, I wasn't aware then, but I've
• 11:02
  Speaker 1: read subsequent it would be, you know, well over 100 million. Question,
• 11:06
  Speaker 1: and that would have made him an incredibly valuable client, correct? Answer, yeah.
• 11:11
  Speaker 1: I think the introduction of people that, of the level
• 11:14
  Speaker 1: of people that he brought us, was very valuable, yes. Question,
• 11:19
  Speaker 1: do you think his value caused JP Morgan to turn
• 11:21
  Speaker 1: their heads at the suspicious things that Mr. Epstein was
• 11:25
  Speaker 1: engaged in even following 2008? Answer again, I was not
• 11:29
  Speaker 1: part of the bank that reviewed his account. I was
• 11:32
  Speaker 1: not part of the rapid response team. I was not
• 11:34
  Speaker 1: part of compliance. So I'd be speculating as to what
• 11:37
  Speaker 1: their motivations were. Question, I'm asking you to speculate. Do
• 11:41
  Speaker 1: you believe that JP Morgan kept Mr. Epstein as a
• 11:44
  Speaker 1: high risk client because he generated so much revenue for
• 11:47
  Speaker 1: the bank? Answer, no, I don't. I think JP Morgan
• 11:50
  Speaker 1: felt that the principal activity of the private bank is
• 11:53
  Speaker 1: to invest money. And I think Morgan took the decision
• 11:56
  Speaker 1: to no longer deal with Epstein in the management of
• 11:58
  Speaker 1: his assets. That was a major move by the bank
• 12:01
  Speaker 1: against him in the bank's mind. Question, who had visibility
• 12:05
  Speaker 1: into Mr. Epstein's accounts? Answer, I think the bankers that
• 12:08
  Speaker 1: managed his accounts. I think compliance did. I think legal did.
• 12:11
  Speaker 1: I think risk did. And people in operations did. Question,
• 12:15
  Speaker 1: did you? Answer, no. Question, did you ever review any transaction? Answer, no. Question,
• 12:22
  Speaker 1: were his transactions ever discussed with you? Answer, at some
• 12:26
  Speaker 1: point I learned that he was making cash withdrawals and
• 12:28
  Speaker 1: I asked him about that because cash withdrawals were a
• 12:31
  Speaker 1: red light for the bank and a red light for regulators. Question,
• 12:35
  Speaker 1: when did you become aware of that? Answer, I'm not
• 12:37
  Speaker 1: exactly sure the year, but I want to say 2010, 2011. Question,
• 12:39
  Speaker 1: and who was responsible for reviewing the transactions? Answer, again,
• 12:48
  Speaker 1: members of the rapid response team, heads of compliance, people
• 12:51
  Speaker 1: involved in legal. And I think ultimately, my recollection is
• 12:54
  Speaker 1: it did go all the way to the general counsel
• 12:56
  Speaker 1: of the bank. Question, and who was that? Answer, at
• 13:01
  Speaker 1: the beginning of 2009, 2010, I think it was Steve Cutler.
• 13:05
  Speaker 1: All right, folks, we're going to wrap up right here.
• 13:07
  Speaker 1: And in the next episode, we're going to pick up
• 13:09
  Speaker 1: with question, did you ever ask Mr. Epstein about the
• 13:13
  Speaker 1: cash withdrawals? All the information that goes with this episode
• 13:17
  Speaker 1: can be found in the description box. What's up, everyone,
• 13:21
  Speaker 1: and welcome to another episode of the Epstein Chronicles. In
• 13:24
  Speaker 1: this episode, we're going to dive right back into the
• 13:26
  Speaker 1: Jess Daly transcript from his trip to Congress. Question, did
• 13:32
  Speaker 1: you ever ask Mr. Epstein about the cash withdrawals? Answer,
• 13:35
  Speaker 1: I know someone, either I did or Mary did, and
• 13:38
  Speaker 1: he said that they, he, told her or he told
• 13:41
  Speaker 1: me that they were to, or he told his banker,
• 13:44
  Speaker 1: that they were to fuel his airplane. Question, did you
• 13:47
  Speaker 1: ask why he would need cash for airplane fuel? Answer,
• 13:50
  Speaker 1: I don't think I did. I think the question, I
• 13:53
  Speaker 1: think the question was discussed, and I think the view
• 13:56
  Speaker 1: was particularly, if you're flying overseas or whatnot, that oftentimes
• 14:00
  Speaker 1: you would pay cash for fuel as opposed to another source. Question,
• 14:04
  Speaker 1: what steps were taken to investigate that defense? Answer, I
• 14:08
  Speaker 1: don't know. Again, I was not part of the team
• 14:11
  Speaker 1: that was looking into that. Question you mentioned, this made
• 14:15
  Speaker 1: it up to the general counsel, Stephen Cutler. Did you
• 14:18
  Speaker 1: discuss the matter with Stephen Cutler? Answer, at one point
• 14:22
  Speaker 1: in time, yes. I think as Epstein's problems built, he
• 14:25
  Speaker 1: hired some very recognized lawyers, and I recall that I
• 14:28
  Speaker 1: suggested Steve meet with him. Question, why did you suggest that? Answer,
• 14:32
  Speaker 1: so the bank would make an informed decision as to
• 14:35
  Speaker 1: whether to keep Epstein or not as a client. Question,
• 14:39
  Speaker 1: in October of 2011, Stephen Cutler complained to you and
• 14:42
  Speaker 1: others that Epstein was not an honorable person in any way,
• 14:46
  Speaker 1: and he should not be a client. How did you respond?
• 14:49
  Speaker 1: Answer again, I let the bank do what the bank
• 14:52
  Speaker 1: felt was proper. Question, did you say anything at that
• 14:55
  Speaker 1: moment in response to him though? Answer, I think that's
• 14:58
  Speaker 1: when he had people like Ken Starr represent him and
• 15:02
  Speaker 1: just suggested that Steve meet with Ken Starr. But it
• 15:05
  Speaker 1: was Steve Cutler's decision to close him as a client
• 15:08
  Speaker 1: or not. If Steve Cutler wanted to do it, he
• 15:11
  Speaker 1: could have done it. Question. There's reporting that you asked Mr.
• 15:15
  Speaker 1: Cutler to sit down with Mr. Epstein and hear him out.
• 15:18
  Speaker 1: Is that correct? Answer. Yes. Or hear his lawyers out.
• 15:21
  Speaker 1: I forget what it was. It was either meet with Epstein.
• 15:25
  Speaker 1: I think I did meet with Epstein. And I don't
• 15:27
  Speaker 1: know whether Steve met with him or was with his lawyers. Question.
• 15:31
  Speaker 1: Why did you advocate for Mr. Cutler to take his
• 15:33
  Speaker 1: time to meet with Mr. Epstein? Answer. Steve was running
• 15:37
  Speaker 1: legal and compliance in the bank. And these were serious allegations.
• 15:41
  Speaker 1: And the bank was going to exit Epstein more than
• 15:43
  Speaker 1: it already had. Seemed like Steve. Seemed like the thing
• 15:46
  Speaker 1: to do was have Steve meet with Epstein himself. Question.
• 15:51
  Speaker 1: Did you not feel as though Mr. Epstein as a
• 15:53
  Speaker 1: registered sex offender and someone who pleaded guilty to soliciting
• 15:57
  Speaker 1: prostitution for minors was a great risk to the bank
• 16:00
  Speaker 1: and should be removed as a client? Answer. Well, again,
• 16:03
  Speaker 1: the bank cut off the principal activities that it had
• 16:05
  Speaker 1: with Epstein. The question is whether Epstein you would choose
• 16:09
  Speaker 1: to close his checking account or not. Question. Did anyone
• 16:12
  Speaker 1: else at the bank take steps to defend Mr. Epstein? Answer.
• 16:16
  Speaker 1: I don't think I took steps to defend Epstein, but
• 16:19
  Speaker 1: I think his banking team defended him. And I think
• 16:23
  Speaker 1: what's telling is when Epstein moved his accounts ultimately out
• 16:26
  Speaker 1: of Morgan, he followed his banking team to Deutsche Bank. Question.
• 16:30
  Speaker 1: Was Mr. Cutler going to remove Mr. Epstein as a
• 16:32
  Speaker 1: client before you asked him to sit down with Mr. Epstein? Answer.
• 16:36
  Speaker 1: I don't know. Question. Reporting indicates that Justin Nelson wrote
• 16:40
  Speaker 1: a memo trumpeting Epstein's large volume of business with JP
• 16:44
  Speaker 1: Morgan and noting that despite his status as a sex offender,
• 16:48
  Speaker 1: he was still clearly well-respected and trusted by some of
• 16:50
  Speaker 1: the richest people in the world. Did you ever see
• 16:54
  Speaker 1: this memo? Answer, I know Justin Nelson. I don't know
• 16:57
  Speaker 1: if I saw that specific memo. Question, did you ever
• 17:01
  Speaker 1: speak with Mr. Nelson about Mr. Epstein's status as a client? Answer,
• 17:05
  Speaker 1: I recommended that Justin Nelson be the banker for Jeffrey
• 17:08
  Speaker 1: Epstein at one point, but I think that was it. Question,
• 17:11
  Speaker 1: was Justin Nelson also your banker? Answer, he became the
• 17:15
  Speaker 1: banker to my wife's family, not me. Question, are you
• 17:18
  Speaker 1: aware of whether Mr. Epstein asked Mr. Nelson to write
• 17:21
  Speaker 1: this memo? Answer, no. Question, by Mr. Emmer, we've had
• 17:25
  Speaker 1: another member join. Can she please announce herself for the record?
• 17:30
  Speaker 1: Congresswoman Luna. Mr. Emmer, Mr. Luna, we understand you have
• 17:34
  Speaker 1: some questions. Miss Luna, I do, thank you. Thank you
• 17:38
  Speaker 1: for being here today. I wanted to see, have you
• 17:40
  Speaker 1: ever made a settlement payment to redacted Staley? No. Question. Okay.
• 17:46
  Speaker 1: At your position at J.P. Morgan, you had referenced U.S.
• 17:49
  Speaker 1: intelligence agencies. Can you elaborate further on your interactions with
• 17:53
  Speaker 1: various agencies? And if so, which agencies were those? Staley,
• 17:57
  Speaker 1: can you say that again? Luna. You had made a
• 18:01
  Speaker 1: reference to having contact with U.S. intelligence agencies for your
• 18:05
  Speaker 1: work at J.P. Morgan. Staley. Yeah. Luna. Can you specify,
• 18:09
  Speaker 1: as to the agencies, as well as what the nature
• 18:12
  Speaker 1: of that work may have been? Staley, I believe it
• 18:15
  Speaker 1: was the State Department and the CIA. Luna, okay. Can
• 18:18
  Speaker 1: you elaborate further on what they were having you do? Staley, yeah.
• 18:22
  Speaker 1: This was after 9-11, and the Bin Laden family had
• 18:26
  Speaker 1: its international banking accounts with J.P. Morgan, and the State
• 18:29
  Speaker 1: Department and Morgan and I agreed that I should fly
• 18:31
  Speaker 1: to Saudi Arabia to meet with the Bin Laden family
• 18:34
  Speaker 1: and tell them that the State Department and Morgan had
• 18:37
  Speaker 1: recognized that Osama bin Laden was rogue and had been
• 18:40
  Speaker 1: expelled by the family. Then the family's business with Morgan
• 18:43
  Speaker 1: would be preserved. Luna, where does the CIA fit into
• 18:47
  Speaker 1: the conversation? Staley, huh? Luna, where does the CIA fit
• 18:52
  Speaker 1: into those conversations? Staley, my recollection is the CIA came
• 18:56
  Speaker 1: to meet me in my office. Luna, with the State Department? Answer,
• 19:00
  Speaker 1: I'm not sure whether it was the same time or together. Luna,
• 19:04
  Speaker 1: do you remember who at the State Department- Or who
• 19:06
  Speaker 1: at the CIA came to meet you? Staley. No. Luna. Okay,
• 19:10
  Speaker 1: following up on that, were you aware that Jeffrey Epstein
• 19:13
  Speaker 1: had an alias? Staley. Had a what? Luna. An alias. Staley. No,
• 19:20
  Speaker 1: I was not. Luna. Okay. He had an alias that
• 19:23
  Speaker 1: was listed with a Saudi Arabian address. Following that interaction
• 19:27
  Speaker 1: that you had with the Bin Laden family, did Jeffrey
• 19:29
  Speaker 1: Epstein ask to meet with you again? Staley. With respect
• 19:33
  Speaker 1: to the Bin Laden family? Luna. No. Or closely thereafter, Staley,
• 19:37
  Speaker 1: I don't know about the timing, but I don't think
• 19:39
  Speaker 1: he met with me with respect to the Bin Laden family. Luna,
• 19:43
  Speaker 1: did he ever ask you about your travels to that
• 19:45
  Speaker 1: area or interactions with the family? Staley, he was close.
• 19:50
  Speaker 1: to a member a member of the royal family in
• 19:52
  Speaker 1: dubai luna who was staley he ran dubai ports luna
• 19:58
  Speaker 1: who was a close who was close to a member
• 20:00
  Speaker 1: staley epstein luna okay staley and i met with the
• 20:05
  Speaker 1: sheikh who ran the ports of dubai That was the
• 20:08
  Speaker 1: only really, and then, he had connections in Israel, and
• 20:11
  Speaker 1: I met senior officials in Israel that Epstein knew. Luna,
• 20:15
  Speaker 1: who did you meet? Staley, I met Ehud Barak, and
• 20:18
  Speaker 1: I met Prime Minister Netanyahu. Luna, those were my questions. Ms.
• 20:23
  Speaker 1: Toland jumps in. Question, and then I just have a
• 20:26
  Speaker 1: quick follow-up for something we were discussing earlier. You mentioned
• 20:29
  Speaker 1: that you were not part of the rapid response teams,
• 20:31
  Speaker 1: or any of the teams overseeing Mr. Epstein's accounts. We
• 20:35
  Speaker 1: were talking about you being informed of his making of
• 20:37
  Speaker 1: the suspicious cash withdrawals. Why were you informed of that?
• 20:42
  Speaker 1: Answer again, I think it was very suspicious. And generally,
• 20:45
  Speaker 1: the bank would report cash withdrawals like that to the
• 20:48
  Speaker 1: federal government. And you know, it's just something that generally
• 20:51
  Speaker 1: the bank would not allow. Question, but you said you
• 20:54
  Speaker 1: were informed about it. And then had a discussion with Mr. Epstein.
• 20:58
  Speaker 1: Is that correct? Answer, as I said, I think I
• 21:01
  Speaker 1: or Marierdos said the bank raised the issue about cash
• 21:05
  Speaker 1: and there was a problem. Question, so who would have
• 21:08
  Speaker 1: been informed or informed you about the withdrawals? Answer, I
• 21:11
  Speaker 1: don't recall exactly who was informing. Ms. Brignac, question, when
• 21:16
  Speaker 1: did you begin working at Barclays? Answer, in December of 2015. Question,
• 21:21
  Speaker 1: what was your position? Answer, CEO. Question, what is Barclays? Answer,
• 21:27
  Speaker 1: it's a major international bank headquartered in London. Question, did
• 21:31
  Speaker 1: you ever ask Mr. Epstein to assist you in getting
• 21:33
  Speaker 1: the position at Barclays? Answer, never. Question, it's been reported
• 21:38
  Speaker 1: that Mr. Epstein enlisted a London power broker to plant
• 21:41
  Speaker 1: seeds about you with senior bank officials back in 2012.
• 21:46
  Speaker 1: Did you interview for the position in 2012? Answer, yeah. Question,
• 21:50
  Speaker 1: and did it go to someone else? Answer, yes. Question,
• 21:54
  Speaker 1: so the rest of the reporting is correct. Did Mr.
• 21:56
  Speaker 1: Epstein enlist a London power broker to plant seeds about you? Answer,
• 22:00
  Speaker 1: I don't know. And I would not have wanted somebody
• 22:02
  Speaker 1: to lobby on my behalf. Question, you never asked him
• 22:06
  Speaker 1: to speak with? Gets cut off by Staley? Never. Question,
• 22:10
  Speaker 1: in 2015, did Barclays ask that you change anything about
• 22:14
  Speaker 1: your relationship with Mr. Epstein? Answer, no. I took the
• 22:17
  Speaker 1: decision when I became CEO of Barclays that I'd cut
• 22:21
  Speaker 1: all contact with Jeffrey Epstein. Question, did you in fact
• 22:24
  Speaker 1: cut all contact with Mr. Epstein in 2015? Answer, I
• 22:29
  Speaker 1: had no contact post-2015 with Jeffrey Epstein, direct contact. Brignac,
• 22:35
  Speaker 1: I'll now enter as Majority Exhibit 8 into the record.
• 22:38
  Speaker 1: The document is bait stamped with EFTA 0105-5036. It's an
• 22:44
  Speaker 1: email exchange between your daughter, redacted, and Mr. Epstein from
• 22:48
  Speaker 1: February 6, 2017. Ms. Brignac will go off record. Now
• 22:54
  Speaker 1: they come back. Question, do you recognize these emails, Mr. Staley? Answer, yes. Question,
• 23:00
  Speaker 1: can you describe what's happening in the thread? Answer, again,
• 23:03
  Speaker 1: I think it's Jeffrey Epstein, unfortunately, trying to contact me
• 23:06
  Speaker 1: through my daughter. Question, were you aware that Mr. Epstein
• 23:09
  Speaker 1: was contacting your daughter in 2017? Answer, my understanding is
• 23:14
  Speaker 1: it happened twice. I was not aware. I don't believe
• 23:17
  Speaker 1: there was contact before the exchange. Question, why would Mr.
• 23:22
  Speaker 1: Epstein reach out to Redacted regarding a former J.P. Morgan employee,
• 23:26
  Speaker 1: Veronique Weil? Answer, again, many years before He was helpful
• 23:32
  Speaker 1: in her pursuit of physics. So they knew each other.
• 23:35
  Speaker 1: And it seems like he approached her with respect to
• 23:38
  Speaker 1: Veronique Weil. Question, did your daughter come to you and
• 23:42
  Speaker 1: ask you the question? Answer, that's what this email says. Question,
• 23:46
  Speaker 1: and did you know it was coming from Mr. Epstein? Answer,
• 23:49
  Speaker 1: I believe so. Question, so Mr. Staley, can we agree
• 23:52
  Speaker 1: your communication through your daughter to Mr. Epstein? We're in
• 23:55
  Speaker 1: violation of the agreement you made with Barclays to cut
• 23:58
  Speaker 1: off communication from with Mr. Epstein after 2015, correct? Answer,
• 24:03
  Speaker 1: there was not an agreement. What I told Barclays was
• 24:06
  Speaker 1: that I had not had physical contact with Epstein for
• 24:09
  Speaker 1: a while, which was true, and I cut off contact
• 24:11
  Speaker 1: directly with Epstein upon taking the CEO role at Barclays,
• 24:15
  Speaker 1: which is also true. Question, and then you began communicating
• 24:19
  Speaker 1: to Mr. Epstein through your daughter redacted. Answer, no, I
• 24:23
  Speaker 1: did not start communicating with Epstein through my daughter. Question,
• 24:26
  Speaker 1: you testified you were aware the message from your daughter
• 24:29
  Speaker 1: was You testified earlier that you were aware that your
• 24:32
  Speaker 1: daughter's message came from Mr. Epstein, and it reflects in
• 24:36
  Speaker 1: the documents that you gave Redacted that information. So you
• 24:39
  Speaker 1: did not cut off contact with Mr. Epstein following 2015, correct? Answer.
• 24:45
  Speaker 1: Your first thing is that I was trying to contact
• 24:47
  Speaker 1: Epstein through my daughter. I wasn't trying to contact Epstein
• 24:50
  Speaker 1: through my daughter. Ms. Luna, I'm back for more questions.
• 24:56
  Speaker 1: Do you know who Redacted is? Have you heard that name? Staley,
• 24:59
  Speaker 1: now I have. Luna, okay. So, she read the email.
• 25:03
  Speaker 1: Snow White was fucked twice as soon as she put
• 25:06
  Speaker 1: on her costume. Would you say that would be a
• 25:08
  Speaker 1: predatory statement to make about this image? Staley, what's your question? Luna,
• 25:15
  Speaker 1: would you say that that statement is a predatory statement
• 25:18
  Speaker 1: to make about this image? Staley, I don't think it's
• 25:20
  Speaker 1: a predatory statement. Luna, you don't think it's predatory? Staley, no.
• 25:25
  Speaker 1: I think someone's assaulting a woman is predatory, yes. Luna,
• 25:28
  Speaker 1: the question was, do you think that that's a predatory
• 25:32
  Speaker 1: statement to make about the image? Staley, I don't know
• 25:35
  Speaker 1: who that person is. Luna, I'm not asking if you
• 25:38
  Speaker 1: know who the person is. I'm asking if you think
• 25:40
  Speaker 1: that the statement is predatory to make about this image. Staley,
• 25:45
  Speaker 1: if that's what, if that's the image the person is
• 25:47
  Speaker 1: referring to, Luna referring to, yes. Staley, then yes, that
• 25:51
  Speaker 1: would be a predatory statement. Luna, okay. Going back to
• 25:55
  Speaker 1: this email correspondence, It appears that Jeffrey Epstein is asking you,
• 25:59
  Speaker 1: which character would you like next? Do you know what
• 26:02
  Speaker 1: he's referencing? Answer, I don't. Luna, okay. It says that
• 26:06
  Speaker 1: you're responding to him, Beauty and the Beast. Can you
• 26:09
  Speaker 1: refer in Beauty and the Beast? Are you talking about Belle? Staley,
• 26:13
  Speaker 1: I'm just mentioning Beauty and the Beast. Luna, sir, I
• 26:16
  Speaker 1: wouldn't laugh at this. Staley, I'm not. Luna, it's very
• 26:20
  Speaker 1: disturbing to read these emails. So I just, the reason
• 26:23
  Speaker 1: I'm asking you is because to me, reading this, It
• 26:26
  Speaker 1: looks like there's trafficking happening. And what I would say is,
• 26:30
  Speaker 1: this girl looks, she's maybe about 13 or 14 years old.
• 26:34
  Speaker 1: So if this was written about someone like your child,
• 26:37
  Speaker 1: I don't think that you would be laughing right now.
• 26:39
  Speaker 1: And so the point is that we have you here.
• 26:42
  Speaker 1: Can you give us information and or names for people
• 26:45
  Speaker 1: that you may know who have harmed these kids? Staley, no,
• 26:48
  Speaker 1: I don't know anyone. Sullivan, congressperson, I have an objection. Luna,
• 26:53
  Speaker 1: it's congresswoman. Sullivan, Congresswoman, thank you. But to say from
• 26:58
  Speaker 1: the picture to guess the age as 13 years old
• 27:01
  Speaker 1: strikes me as Luna jumps in. I've seen some of
• 27:05
  Speaker 1: the unredacted photos and these, well, they're children. Sullivan, that's
• 27:09
  Speaker 1: your view, but I'd like to see them. Luna, well,
• 27:11
  Speaker 1: you can. I'm sure you'll get the opportunity if this
• 27:14
  Speaker 1: becomes criminal. Sullivan, thank you. Brignac, we have some pressing follow-ups.
• 27:20
  Speaker 1: We'll go off the record and we'll come back on
• 27:21
  Speaker 1: later to ask those. All right, folks, we're going to
• 27:24
  Speaker 1: wrap up right here. And in the next episode dealing
• 27:26
  Speaker 1: with the topic we're going to pick up where we
• 27:28
  Speaker 1: left off. All the information that goes with this episode
• 27:32
  Speaker 1: can be found in the description box. What's up everyone
• 27:35
  Speaker 1: and welcome to another episode of the Epstein Chronicles. In
• 27:39
  Speaker 1: this episode we're getting right back to the Jess Daly
• 27:41
  Speaker 1: transcript from his trip to Congress. Ms. Brignac, we have
• 27:46
  Speaker 1: some pressing follow-ups. We'll go off the record and we'll
• 27:49
  Speaker 1: come back on later to ask those follow-ups. So now
• 27:52
  Speaker 1: they're back on. Question by redacted. Question Mr. Staley. I'd
• 27:57
  Speaker 1: like to ask you a few qualifying questions based on
• 28:00
  Speaker 1: what you said during the minorities first round. You referred
• 28:03
  Speaker 1: to Mr. Epstein's assistance as mature and also as in
• 28:07
  Speaker 1: their late 20s or early 30s. We have a different
• 28:10
  Speaker 1: understanding of his assistance, but given the distinction that you're drawing,
• 28:15
  Speaker 1: I would like to repeat some of the questions I
• 28:17
  Speaker 1: asked you, but in the context of his assistance. When
• 28:21
  Speaker 1: you visited Mr. Epstein's New York home, Were there ever
• 28:25
  Speaker 1: assistants in the room when you met Mr. Epstein? Answer.
• 28:29
  Speaker 1: Only that they would occasionally come in and offer coffee
• 28:32
  Speaker 1: or something like that. They weren't sitting in the room
• 28:34
  Speaker 1: during the meetings. No. Question. Were there ever assistants sitting
• 28:39
  Speaker 1: on Mr. Epstein's lap when you talked to him? Answer. No. Question.
• 28:43
  Speaker 1: We previously talked about your interaction, sexual or otherwise, with
• 28:47
  Speaker 1: women connected to Mr. Epstein. To be clear, when I
• 28:51
  Speaker 1: say women connected to Mr. Epstein... I'm including his assistants.
• 28:56
  Speaker 1: Did you ever introduce any women connected to Mr. Epstein
• 28:59
  Speaker 1: to anyone in your family? Answer, no. Question, so you
• 29:03
  Speaker 1: never introduced any of the women connected to Epstein to
• 29:05
  Speaker 1: your daughters? Answer, no. Question, have you ever had a
• 29:09
  Speaker 1: conversation with Leon Black about your relationship with Mr. Epstein? Answer,
• 29:14
  Speaker 1: I think we both knew that we knew Epstein. I
• 29:17
  Speaker 1: don't know if I had a specific conversation with him. Question,
• 29:21
  Speaker 1: Did you have a conversation with Mr. Black about Mr.
• 29:24
  Speaker 1: Epstein's crimes? Answer. I think we were both aware of Mr.
• 29:27
  Speaker 1: Epstein's crimes. Question. Sure. And did you talk to him
• 29:31
  Speaker 1: about it? Answer. We may have, but I don't recall
• 29:34
  Speaker 1: a specific conversation. Question. When would that have been? Answer.
• 29:38
  Speaker 1: I don't know. Question. do you have any sense for
• 29:41
  Speaker 1: whether that would have been post-arrest, post-incarceration, or later? Answer,
• 29:46
  Speaker 1: I think it would have been post-indictment and probably post-arrest. Question,
• 29:51
  Speaker 1: and do you have any memory of specifically what you
• 29:53
  Speaker 1: would have talked about? Answer, no. Question, did you have
• 29:57
  Speaker 1: any conversation with Mr. Black? About women connected to Mr. Epstein? Answer, no. Question,
• 30:03
  Speaker 1: did you ever meet with Mr. Black in Central Park
• 30:06
  Speaker 1: to discuss any of these issues? Your relationship with Mr. Epstein, Mr.
• 30:10
  Speaker 1: Epstein's crimes, or any woman connected to Mr. Epstein? Answer,
• 30:15
  Speaker 1: not that I remember, no. Question, thank you. Now we
• 30:18
  Speaker 1: have another person, jumps in, doing the questioning, redacted. Mr. Staley,
• 30:23
  Speaker 1: you've previously made contradictory statements about your friendship with Mr. Epstein.
• 30:28
  Speaker 1: For example, you have said, quote, your relationship with Mr.
• 30:31
  Speaker 1: Epstein was never a personal one, nor one that could
• 30:34
  Speaker 1: be described as close. But you have also said that
• 30:38
  Speaker 1: you and Mr. Epstein had a, quote, fairly close relationship.
• 30:42
  Speaker 1: At one point, you said Mr. Epstein was, quote, a friend.
• 30:47
  Speaker 1: I would like to clear up some of the confusion
• 30:49
  Speaker 1: and get a better sense of your friendship with Mr. Epstein.
• 30:52
  Speaker 1: I'll begin by introducing what will be marked as Minority
• 30:55
  Speaker 1: Exhibit K. Question, this is six separate email exchanges between
• 31:00
  Speaker 1: you and Mr. Epstein from the first few weeks of
• 31:03
  Speaker 1: his sentence at the Palm Beach Soccer. It's from July 10th,
• 31:07
  Speaker 1: 2008 until September 11th, 2008. The first email, which begins
• 31:12
  Speaker 1: on the bottom of the page and goes into the
• 31:14
  Speaker 1: top of the second page, is from you to Mr.
• 31:17
  Speaker 1: Epstein dated July 10th, 2008, which is just 10 days
• 31:22
  Speaker 1: into his sentence. In the email, you write, quote, I
• 31:24
  Speaker 1: miss you. The world is in a tough place. Hang
• 31:27
  Speaker 1: in there. It appears at this point Mr. Epstein was
• 31:30
  Speaker 1: a friend. Is that correct? Answer again. My relationship with
• 31:33
  Speaker 1: Epstein was based on a close professional relationship anchored in business.
• 31:38
  Speaker 1: But I would use language like friend and close friend. Question.
• 31:42
  Speaker 1: So you were friends? Answer. I would use language that way, yes.
• 31:46
  Speaker 1: But it was grounded in the business relationship that we had. Question.
• 31:50
  Speaker 1: Could you elaborate on what you mean by you would
• 31:52
  Speaker 1: use language that way? Answer, I often talk to people
• 31:56
  Speaker 1: that I work with and call them friends and close friends. Question,
• 32:00
  Speaker 1: so the business, the relationship was grounded in business, but
• 32:03
  Speaker 1: you transitioned into being friends as well? Answer, I use
• 32:07
  Speaker 1: the word friend to describe the relationship, but for instance,
• 32:10
  Speaker 1: you know, he never came to my house. He never
• 32:13
  Speaker 1: came to social occasions with my family. I would call
• 32:16
  Speaker 1: that a personal friend. Inaudible, we were tied to business. Question,
• 32:20
  Speaker 1: so a business friend? Answer, yes. Question, understood. And this
• 32:26
  Speaker 1: is one of the first emails we have between you
• 32:28
  Speaker 1: and Mr. Epstein. Your message suggests that you were in
• 32:31
  Speaker 1: contact often if you missed him after just 10 days
• 32:34
  Speaker 1: of him being in the Palm Beach stockade. How frequently
• 32:37
  Speaker 1: were you in touch with Mr. Epstein before he was incarcerated?
• 32:41
  Speaker 1: Answer again. I think we would talk, you know, once,
• 32:43
  Speaker 1: twice a week. I'd visit him, you know, once every
• 32:46
  Speaker 1: other week. That sort of frequency. Question okay. I'd like
• 32:50
  Speaker 1: to move on to the fourth page of this exhibit.
• 32:52
  Speaker 1: This is an email from you to Mr. Epstein dated
• 32:55
  Speaker 1: July 16th, 2008, just one week later. In the email,
• 32:59
  Speaker 1: you say, quote, Mr. Sullivan jumps in. Just give us
• 33:02
  Speaker 1: one minute to locate it. Okay, got it. Question, you say, quote,
• 33:06
  Speaker 1: I'm hoping you're managing. I miss our calls. It's boring
• 33:09
  Speaker 1: without you around. I will now move on to the
• 33:12
  Speaker 1: fifth page. In this email from you to Mr. Epstein
• 33:15
  Speaker 1: dated July 31st, 2008, this is the third email that
• 33:19
  Speaker 1: you sent to Mr. Epstein in just three weeks. In
• 33:22
  Speaker 1: this email, you say, quote, I hope you're hanging in there.
• 33:25
  Speaker 1: I just think of the island and my boat anchored
• 33:28
  Speaker 1: in front. I do. On page six, this is another
• 33:31
  Speaker 1: email from you to Mr. Epstein on August 3rd, 2008.
• 33:35
  Speaker 1: You say, quote, just thinking about you. On the next page,
• 33:38
  Speaker 1: page seven, you email Mr. Epstein on August 4th, 2008
• 33:41
  Speaker 1: and say, quote, hang in there. Keep thinking of the island. Finally,
• 33:46
  Speaker 1: on page eight, you write to Mr. Epstein on September 11th, 2008, saying, quote,
• 33:51
  Speaker 1: Very tough day today, thinking of you there. With what
• 33:54
  Speaker 1: I see, it's so unfair. Hang in there, please. Based
• 33:57
  Speaker 1: on these emails, I think it's fair to say that
• 33:59
  Speaker 1: you and Mr. Epstein were very close. Would you agree? Answer,
• 34:04
  Speaker 1: I would repeat what I said before. I think we
• 34:06
  Speaker 1: had a close professional relationship. I use language like this.
• 34:10
  Speaker 1: Like many people you deal with in business, at this point,
• 34:13
  Speaker 1: I was building a boat. He encouraged me to build
• 34:15
  Speaker 1: the boat. But that's what a lot of this refers to. Question,
• 34:19
  Speaker 1: was it common for you to email other business friends
• 34:22
  Speaker 1: saying things like, I miss you? And just thinking about
• 34:25
  Speaker 1: the island and my boat anchored in front. Answer, well,
• 34:28
  Speaker 1: there was not many friends that had islands that I
• 34:31
  Speaker 1: anchored my boat in front of. Question, so the first
• 34:33
  Speaker 1: part of my question, was it common for you to
• 34:35
  Speaker 1: email other business friends saying, I miss you? Answer, I
• 34:39
  Speaker 1: think it would be common that I would mention to
• 34:41
  Speaker 1: people that I work with that, you know, that I
• 34:43
  Speaker 1: miss them. Question, so the people that you work with
• 34:46
  Speaker 1: at JP Morgan, not clients of the bank. Answer, I'm
• 34:49
  Speaker 1: sure there were some clients that I did this as well,
• 34:51
  Speaker 1: but I don't know. I couldn't name them for you. Question, okay.
• 34:55
  Speaker 1: I'll now introduce what's been marked as Minority Exhibit L. Question,
• 35:00
  Speaker 1: this is an email from you to Mr. Epstein on
• 35:02
  Speaker 1: December 30th, 2010. Bates number, EFTA 02533765. In this email,
• 35:10
  Speaker 1: you write, quote, Happy New Year. It's nice to have
• 35:13
  Speaker 1: you free. Much to come. Please know that I'm your
• 35:16
  Speaker 1: friend forever. You are very special. To which Mr. Epstein replied, quote, ditto.
• 35:21
  Speaker 1: What did you mean by much to come? Answer, I
• 35:24
  Speaker 1: don't recall. Question, you don't recall what you meant? Answer, no. Question,
• 35:28
  Speaker 1: why did you tell Mr. Epstein that you were a
• 35:30
  Speaker 1: friend forever? Answer, I think I was showing sympathy to him. Question,
• 35:35
  Speaker 1: sympathy for what? Answer, I believe this is when he
• 35:38
  Speaker 1: was getting out of prison. Question, so you felt sympathy
• 35:40
  Speaker 1: for him at the time, even with the charges that
• 35:43
  Speaker 1: he was serving time for? Answer, yeah, I thought he
• 35:45
  Speaker 1: served his time. He had, he had, he had. He
• 35:48
  Speaker 1: had paid his price. I never imagined that he would
• 35:51
  Speaker 1: continue to act criminally. Answer, what made Mr. Epstein, quote,
• 35:55
  Speaker 1: very special to you? Answer again, he had given me
• 35:58
  Speaker 1: very valuable business advice. He was instrumental in one of
• 36:02
  Speaker 1: my biggest transactions in my career, the acquisition of Highbridge Capital.
• 36:06
  Speaker 1: He gave me counsel in my discussion with the bank
• 36:09
  Speaker 1: about my career. He gave me counsel, so those are
• 36:12
  Speaker 1: the things. Question, so he was just very special. Because
• 36:16
  Speaker 1: of what he provided for you in your career? Answer, oh,
• 36:19
  Speaker 1: I think that's what drove it. I mean, again, he
• 36:21
  Speaker 1: was instrumental in the most important transaction of my career
• 36:24
  Speaker 1: up to that point. He gave me a lot of business.
• 36:27
  Speaker 1: He connected me with, you read the list, an incredible
• 36:29
  Speaker 1: group of people that helped my career. So yeah, he
• 36:32
  Speaker 1: was very helpful to me. Question, but this was six
• 36:35
  Speaker 1: years after the high bridge capital deal. So there was
• 36:38
  Speaker 1: nothing else that happened in between that time that made
• 36:41
  Speaker 1: you felt that he was very special to you? Answer, no.
• 36:45
  Speaker 1: He introduced me to the names that we've talked about.
• 36:47
  Speaker 1: He introduced me to, he would facilitate when I traveled
• 36:50
  Speaker 1: overseas to meet with business and country leaders. He did
• 36:53
  Speaker 1: a lot of things like that. Question, okay. Now we
• 36:57
  Speaker 1: have another redacted person asking the questions. Question, one quick
• 37:02
  Speaker 1: follow-up for you, Mr. Staley. When you said that these
• 37:04
  Speaker 1: things to Mr. Epstein about how you missed him and
• 37:07
  Speaker 1: how you were thinking about him and how he was
• 37:09
  Speaker 1: special to you, that you were a friend forever, were
• 37:12
  Speaker 1: those disingenuous? Because it seems like what you're saying now
• 37:16
  Speaker 1: is that you didn't mean them. And if that's the case, answer,
• 37:20
  Speaker 1: I mean, you know, you know, a point of fact
• 37:23
  Speaker 1: is when I became CEO of Barclays, I completely cut
• 37:26
  Speaker 1: off all relationship with him and stopped being his friend. Question,
• 37:29
  Speaker 1: so he was a friend before you became CEO of Barclays? Answer, well, again,
• 37:34
  Speaker 1: I was responding to the question, was I being disingenuous?
• 37:38
  Speaker 1: And I was responding to the disingenuous part by saying, no, actually,
• 37:42
  Speaker 1: I cut him off as a friend. Question, but that
• 37:45
  Speaker 1: doesn't answer my question. When you said these things to him,
• 37:48
  Speaker 1: did you mean them at the time? Answer again, I
• 37:50
  Speaker 1: used diffusive language. The relationship was based on business, as
• 37:54
  Speaker 1: these emails attest to. But I used the word friendship
• 37:57
  Speaker 1: with a lot of people. Question, Mr. Staley. In a
• 38:00
  Speaker 1: question my colleague asked you, what did you mean by quote,
• 38:04
  Speaker 1: much to come? Correct me if I'm wrong, but you
• 38:06
  Speaker 1: testified that you were expressing sympathy. Is that right? Answer,
• 38:11
  Speaker 1: I don't know what I was referring to when I
• 38:12
  Speaker 1: said much to come. That could have been much to
• 38:15
  Speaker 1: come in my career, much to come in our discussion
• 38:18
  Speaker 1: about business and the world. I don't know. Question, but
• 38:21
  Speaker 1: you told us that this was around the time that Mr.
• 38:24
  Speaker 1: Epstein was being released from jail. Is that right? Answer,
• 38:27
  Speaker 1: can you remind, can you show me? Question, sure. This
• 38:30
  Speaker 1: was Exhibit L, Bates number 3765, bottom right. Answer, and
• 38:34
  Speaker 1: ask your question again, sir. Question, what you testified to
• 38:38
  Speaker 1: earlier was around December 30th, 2010. When you wrote to Mr.
• 38:42
  Speaker 1: Epstein much to come, you told us that you were
• 38:45
  Speaker 1: expressing sympathy for him because he was being released from incarceration.
• 38:49
  Speaker 1: Is that right? Answer, my belief is he was released
• 38:52
  Speaker 1: from incarceration more than a year before the email. Question, great.
• 38:57
  Speaker 1: So that would have been the prior exhibit. Why were
• 38:59
  Speaker 1: you expressing sympathy to Mr. Epstein when he was being
• 39:02
  Speaker 1: released from jail? Answer, where's the sympathy? Question, sir, I'm
• 39:06
  Speaker 1: just repeating the words that you told us. Answer, oh, okay. Yeah,
• 39:10
  Speaker 1: you know. Question, you've testified to that multiple times. I
• 39:13
  Speaker 1: think what we're asking about, Staley cuts him off. You
• 39:15
  Speaker 1: asked the same question. Years later, I terminated the relationship. Question,
• 39:23
  Speaker 1: you've testified to that multiple times. I think what we're
• 39:27
  Speaker 1: asking about, Staley cuts him off. You asked the same
• 39:30
  Speaker 1: question multiple times, so I'm just giving you the same answer.
• 39:33
  Speaker 1: Question understood. And I think we have been very clear
• 39:36
  Speaker 1: that we're asking about your mindset at the time that
• 39:38
  Speaker 1: you wrote this. And you keep jumping to you've cut
• 39:41
  Speaker 1: off a relationship in the future. What we're asking about
• 39:45
  Speaker 1: is your mindset at this time. So sir, again, You
• 39:49
  Speaker 1: told us that you were expressing sympathy to Mr. Epstein
• 39:52
  Speaker 1: because he had just been released from incarceration. Why were
• 39:55
  Speaker 1: you sympathetic to Mr. Epstein and that he was incarcerated? Answer,
• 40:01
  Speaker 1: I think you know. He obviously pled guilty. He deserved
• 40:04
  Speaker 1: his incarceration. But that doesn't mean I can't show sympathy
• 40:07
  Speaker 1: for what he went through. Question, what did he go through? Answer,
• 40:12
  Speaker 1: but he deserved it. He went to jail. Question, to
• 40:15
  Speaker 1: be clear, your testimony is that you felt sympathy That
• 40:18
  Speaker 1: he went to jail? Answer, no, I just felt that. No,
• 40:21
  Speaker 1: I mean, he rightfully went to jail. And you know,
• 40:24
  Speaker 1: I'm just expressing sympathy for someone who went through that,
• 40:27
  Speaker 1: even though he deserved it. Question, thank you. All right, folks,
• 40:31
  Speaker 1: we're going to wrap up right here. And in the
• 40:33
  Speaker 1: next episode, we're going to pick up with a follow-up question.
• 40:37
  Speaker 1: All the information that goes with this episode can be
• 40:39
  Speaker 1: found in the description box.