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How Barclays Ran Cover For Jes Staley Even After Knowing The Contents Of The Epstein Emails · The Vault: The Epstein Files

• 0:00
  Speaker 1: What's up everyone, and welcome back to the Epstein Chronicles. Recently,
• 0:05
  Speaker 1: we've been talking a lot about Jess Staley and the
• 0:08
  Speaker 1: new revelations concerning his emails. Well, something that hasn't been
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  Speaker 1: talked about nowhere near enough is the fact that Barclays
• 0:17
  Speaker 1: was aware of all of this, and not only did
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  Speaker 1: they give him the job at Barclay's anyway, but they
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  Speaker 1: let him keep that job even after they launched their
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  Speaker 1: own internal report, and even after that internal report was
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  Speaker 1: out and they were aware of what Jess Staley was
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  Speaker 1: up to with Jeffrey Epstein, Well what did they do?
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  Speaker 1: They hitched their cart to his horse anyway and let
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  Speaker 1: him lead Barclays for another what year or so? And
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  Speaker 1: do you think we're ever going to really see what
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  Speaker 1: that internal investigation found out? Of course we're not. Barclays
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  Speaker 1: is going to play that close to the vest and
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  Speaker 1: continue to be the scumbags they've always been. Today's article
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  Speaker 1: is from the Financial Times headline Jeffrey Epstein's long shadow
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  Speaker 1: falls on JP Morgan and Barclay's once more. The author
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  Speaker 1: of this article is brook Masters. When does giving someone
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  Speaker 1: the benefit of the doubt cross the line into sticking
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  Speaker 1: your head in the sand. The leaders of JP, Morgan
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  Speaker 1: Chase and Barclays need to answer that question in light
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  Speaker 1: of newly public allegations about convicted sex offender Jeffrey Epstein.
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  Speaker 1: And they're former colleague Jess Stay and not for nothing.
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  Speaker 1: But when all of these other yahoos were out here
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  Speaker 1: hooton and hollering about this list or that list or
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  Speaker 1: whatever list, I've been laser focused on the financial sector
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  Speaker 1: and all of these scumbags that enabled all of this
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  Speaker 1: to happen. And now all of a sudden, the focus
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  Speaker 1: is turning towards these scumbags, and people are shocked that
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  Speaker 1: Jess Staley was involved as deeply as he was. So
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  Speaker 1: while this whose is shocking to some people, it's certainly
• 2:02
  Speaker 1: not shocking to me. Jess Staley by far is one
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  Speaker 1: of the most powerful people in the financial world, or
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  Speaker 1: at least he used to be, and the fact that
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  Speaker 1: he was palaling around with Jeffrey Epstein as much as
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  Speaker 1: he was it told you everything you needed to know
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  Speaker 1: about what the two of them were up to. Now,
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  Speaker 1: I didn't have access to those emails until they were
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  Speaker 1: just released, but I knew that the contents of those
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  Speaker 1: emails were a lot more than them talking about who
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  Speaker 1: won the ballgame last night. Epstein, a JP Morgan client
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  Speaker 1: for more than a decade, died in twenty nineteen while
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  Speaker 1: awaiting trial on additional charges of abusing young women and girls,
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  Speaker 1: but connections to him still cast a long shadow over
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  Speaker 1: individuals ranging from tech giants to royalty. Staley, who served
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  Speaker 1: at times as the US banks point person with Epstein,
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  Speaker 1: lost his job as Barclay's chief exis executive in twenty
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  Speaker 1: twenty one when he opted to fight a preliminary finding
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  Speaker 1: from the UK regulator that he had been misleading about
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  Speaker 1: their relationship, meaning Jeffrey Epstein and his relationship. He tried
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  Speaker 1: to fight the regulators in the UK who brought his
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  Speaker 1: nonsense to light, and then Barclays, well, they were willing
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  Speaker 1: to go along and have him control the ship until
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  Speaker 1: it literally wrecked on the reef. And they did all
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  Speaker 1: of that for one simple reason, and that reason is greed.
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  Speaker 1: They knew that if they had a change at the
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  Speaker 1: top during the time when all of this was breaking
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  Speaker 1: the pandemic and otherwise, that it would have been terrible
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  Speaker 1: for Barclays and their shareholders. So instead they decided to
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  Speaker 1: ride with Jess Daily keep him in the position he
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  Speaker 1: was in, even though they knew because of their own
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  Speaker 1: internal reports, that this dude was a scumbag. But I
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  Speaker 1: guess that Jess Day isn't sallatious enough for all of
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  Speaker 1: the blue check mark cornballs who all of a sudden
• 4:02
  Speaker 1: are interested in Jeffrey Epstein. Last week, both banks were
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  Speaker 1: dragged further into the scandal when US Virgin Island authorities
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  Speaker 1: made public some of Staley and Epstein's emails as part
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  Speaker 1: of a lawsuit alleging that JP Morgan facilitated sex trafficking
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  Speaker 1: at Epstein's Island compound. The US Bank calls the lawsuit merrilis,
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  Speaker 1: and Staley, who is not a defendant, has repeatedly denied
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  Speaker 1: that he was aware of Epstein's misbehavior. Barclay's declined the comment.
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  Speaker 1: And that's another reason why I always said that the
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  Speaker 1: US Virgin Island suit is straight up garbage and trash.
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  Speaker 1: If they really cared about justice, folks, they would have
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  Speaker 1: made sure that somebody like Jess Staley and his name
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  Speaker 1: would have been attached to it. But it was all
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  Speaker 1: about the cash grab down in the US Virgin Islands. Unfortunately,
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  Speaker 1: the lawsuit alleges that Staley used as work email to
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  Speaker 1: exchange twelve hundred emails with Epstein and received what the
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  Speaker 1: lawsuit describes as photos of young women in seductive poses
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  Speaker 1: from the pedophile. It also alleges Epstein use JP Morgan
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  Speaker 1: accounts to pay more than one million dollars to at
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  Speaker 1: least twenty survivors of sexual crimes. In two thousand and nine,
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  Speaker 1: Staley wrote to Epstein of their profound friendship and heartfelt hug.
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  Speaker 1: A year later, he emailed say hi to snow White.
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  Speaker 1: When Epstein responded, what character would you like next, Staley replied,
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  Speaker 1: Beauty and the Beast, So you do your own deduction.
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  Speaker 1: They're okay, you don't need me to tell you what
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  Speaker 1: they're talking about. You know exactly what they're talking about.
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  Speaker 1: And so did everybody else who looked at these emails,
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  Speaker 1: who were supposed to be regulators or who were supposed
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  Speaker 1: to be doing some kind of internal investigation, and they
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  Speaker 1: didn't care because at the end of the day, all
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  Speaker 1: that matters is secure in that bag. In the lawsuit,
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  Speaker 1: JP morgan alleged reaction to mounting evidence of Epstein's misdeeds
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  Speaker 1: comes across as almost blase. A after his guilty plea.
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  Speaker 1: In two thousand and eight, an employee speculated that his
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  Speaker 1: one hundred and twenty million dollars in assets would leave
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  Speaker 1: the bank pending Jamie Diamond review. Yet the disgraced financier
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  Speaker 1: Pedophile state a client. So did Jamie Diamond take a
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  Speaker 1: look at it? And did Jamie Diamond okay it as well?
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  Speaker 1: These are all of the questions that our shitty ass
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  Speaker 1: legacy media should be asking, but instead it's left to
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  Speaker 1: content creators and independent journalists to try and figure it
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  Speaker 1: all out. Meanwhile, the legacy media is out here running
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  Speaker 1: all kinds of cover and acting like what's going on
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  Speaker 1: in Ohio is no big deal. JP Morgan said last week,
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  Speaker 1: we have not seen any evidence of such a review.
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  Speaker 1: If Diamond didn't review it, who did did anyone? The
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  Speaker 1: lawsuit says that when the bank later decided to ask
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  Speaker 1: Epstein directly about human trafficking claims, they sent Daily, Well,
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  Speaker 1: of course you're gonna send your guy, right, the guy
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  Speaker 1: that has a relationship with Epstein. Hell, the guy that
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  Speaker 1: brought Epstein on board. In twenty ten, Another email asked
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  Speaker 1: see below new allegations. Are you still comfortable with this
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  Speaker 1: client who is now a registered sex offender. The response
• 7:18
  Speaker 1: these stories pop up. When the head of Anti money
• 7:20
  Speaker 1: laundering requested formal reapproval of Epstein as a client in
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  Speaker 1: twenty and eleven, some one else wrote back, I thought
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  Speaker 1: we did that in approving a fifty million dollar new
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  Speaker 1: line of credit last month. So they didn't even know
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  Speaker 1: what they were doing behind the scenes here. And obviously
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  Speaker 1: the only people who can make moves like that are
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  Speaker 1: power players like Jess Daily or someone like Jamie Diamond.
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  Speaker 1: JP Morgan can certainly argue that convicted felons are entitled
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  Speaker 1: to bank accounts, and the bank cannot be expected to
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  Speaker 1: pay close attention to every email and transaction involving a
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  Speaker 1: free spending mogul. The bank also closed Epstein's again count
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  Speaker 1: in twenty thirteen, shortly after Staley departed and before Epstein
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  Speaker 1: became a target of worldwide outrage. Well, if you cornballs
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  Speaker 1: in the media would have done your job correctly, he
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  Speaker 1: would have been a target of worldwide outrage a lot
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  Speaker 1: longer than that. And the fact that the bank will
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  Speaker 1: act like, well, we had no idea what was going on.
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  Speaker 1: It was just Staley who was doing it. Well, he
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  Speaker 1: was representing you, right, He was the representative of your bank.
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  Speaker 1: He was entitled to make decisions and sign off on money.
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  Speaker 1: So I don't want to hear that the bank had
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  Speaker 1: no idea. It's my opinion that the bank knew and
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  Speaker 1: they just didn't care. Barclays never banked Epstein, but it's
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  Speaker 1: board faces tough questions about their choices in twenty twenty
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  Speaker 1: after he was re arrested. At that time and now
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  Speaker 1: public JP Morgan emails landed in the lap of UK regulators,
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  Speaker 1: who launched a probe into whether Staley had misled them
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  Speaker 1: about the nature of the Epstein relationship. Yet Barclay's board
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  Speaker 1: insisted that Staley had their full confidence and stuck by
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  Speaker 1: him for nearly another year. Not everybody, Edward Bramson went
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  Speaker 1: absolutely ballistic over this. People familiar with the process say
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  Speaker 1: the board based the decision on their own investigation. It
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  Speaker 1: included the emails, but not the attachments with the allegedly
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  Speaker 1: seductive pictures. They also took Staley's history of dogged loyalty
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  Speaker 1: and repeated denials that he knew anything about sexual misbehavior.
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  Speaker 1: Into account. Well, yeah, just ask me and I'll tell
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  Speaker 1: you I'm not guilty. Do they really think that anyone
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  Speaker 1: is going to have confidence in anything they tell us,
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  Speaker 1: Like why would anyone trust Barclay's Bank in the best
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  Speaker 1: of times, never mind now knowing what we know and
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  Speaker 1: about how they were protecting Jess Staley from getting the acts.
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  Speaker 1: People are innocent until proven guilty, and felons who have
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  Speaker 1: served their time deserve second chances, But demands for incontrovert
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  Speaker 1: verdible proof can be cover for willful blindness. When those
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  Speaker 1: involved are wealthy and connected to a network of powerful individuals,
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  Speaker 1: the pressure goes only one way. And that's how it's
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  Speaker 1: always been, and that's how it's always going to be
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  Speaker 1: until everybody out there, the pitchforks and the torches, figure
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  Speaker 1: out that they are in each other's enemy, and the
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  Speaker 1: real enemy are these bankers and these scumbags who have
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  Speaker 1: us all in modern day slavery of a financial variety.
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  Speaker 1: JP Morgan has form on ignoring inconvenient facts. In twenty fourteen,
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  Speaker 1: it paid two point six billion to end a criminal
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  Speaker 1: probe into allegations that it turned a blind eye to
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  Speaker 1: Bernard Madoff's enormous Ponzi scheme. Barclay's had a history of
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  Speaker 1: going easy on Stay when he pushed legal and ethical boundaries.
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  Speaker 1: The board previously stood by him when he tried twice
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  Speaker 1: to uncover the identity of an anonymous whistleblower and was
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  Speaker 1: fined six hundred and forty two thousand, four hundred and
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  Speaker 1: thirty pounds over it. Hindsight is always twenty twenty, but
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  Speaker 1: it's fair to ask whether JP Morgan's interest in keeping
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  Speaker 1: Epstein's business and the Barclays Board's faith in Staley have
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  Speaker 1: ended up damaging both institutions and may continue to do so.
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  Speaker 1: And that's just a little look behind the scenes. Can
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  Speaker 1: you imagine the other scumbags these banks are in bed
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  Speaker 1: with that we have no idea about. My guess is
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  Speaker 1: it's an astronomical number. And we're not just talking about oligarchs, right,
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  Speaker 1: We're talking about drug traffickers, human traffickers, and all kinds
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  Speaker 1: of other undesirable pieces as shit. And for some reason,
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  Speaker 1: nobody in this sector is ever held accountable for anything
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  Speaker 1: that they do. But I guess when you're paying the bills,
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  Speaker 1: you also make the rules, all right, folks, that's gonna
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  Speaker 1: do it for this one. All of the information that
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  Speaker 1: goes with this episode can be found in the description
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  Speaker 1: box