Latest / The Epstein Chronicles / JPMorgan, Jamie Diamond, Jeffrey Epstein and the Battle Over Britain’s Banker Tax (7/15/26)

Transcript

JPMorgan, Jamie Diamond, Jeffrey Epstein and the Battle Over Britain’s Banker Tax (7/15/26) · The Epstein Chronicles

• 0:00
  Speaker 1: What's up, everyone, and welcome to another episode of the
• 0:03
  Epstein Chronicles. One of the biggest sources of protection for
• 0:10
  Jeffrey Epstein was the financial sector, and the fact that
• 0:15
  they don't have more scrutiny is very telling. And look,
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  we all know that they pay the bills. We all
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  know that every politician relies on these people to get
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  them into office and keep them there, and that's how
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  it's always been. So if you're looking for a real boogeyman,
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  then the guy we're about to talk about is certainly
• 0:34
  at the top of the list. Because if you're running
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  JP Morgan, chances are you're involved in some shit. Now
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  I'm not saying actively right, I'm not saying that Jamie
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  Diamond is sitting there telling his subordinates to get into
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  business with drug dealers and launderers the rest of it.
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  But we'd be naive to think that those kinds of
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  people weren't using the financial system to move and color
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  their money, because they are. You know, when we think
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  about money laundering and we think about hiding money, etc.
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  We don't think about America as a destination for that,
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  but it is. And the way the tax laws are structured,
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  the way that they're written, it's all to benefit rich people,
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  and a guy like Jamie Diamond, he certainly knows that,
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  and he certainly knows more about Jeffrey Epstein than he's
• 1:26
  ever let on. Now the hard part's proving it. And
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  when I say that, let me be clear, I don't
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  mean Jamie Diamond was taking part in the abuse. I
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  mean that he was an enabler, a financial enabler, and
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  somebody that could have pulled the plug at any time.
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  But him, Mary Urdos, Jess Staley and the rest of them, well,
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  they decided to keep working with Epstein, banking Epstein and
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  being friendly with them, and look to get into a
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  position that Jamie Diamond's in. To be the head of
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  JP Morgan, you have to be a shark, you have
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  to be a killer. And when I say killer, I'm
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  in the business sense, and there's no doubt that Jamie
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  Diamond is all of those things. But he was also
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  an adjacent to Jeffrey Epstein, and he also bears some
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  responsibility in my opinion, when it comes to the financial
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  portion of all of this. So today we have an
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  article from The Guardian and the headline JP Morgan boss
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  pressed by US senator about contact with Jeffrey Epstein. This
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  article was authored by Simon Goodley. A leading Democratic senator,
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  has written to the boss of JP Morgan to request
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  clarification on the bank's contact with child sex offender Jeffrey Epstein.
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  I mean, okay, a little late, but all right now,
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  Elizabeth Warren is another person that I don't trust, and
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  why should I. She's a one way traffic kind of person.
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  She's never going to put her own people in the crosshairs.
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  She's going to try and use this as a weapon.
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  And look, I get it, I understand. I'm not naive.
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  This is a political battlefield. But the problem is when
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  people don't care about justice and only try to use
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  it as a political cudgel. You could at least have
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  a little bit of common courtesy and try and get
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  some shit done while you're pushing your own political agendas.
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  Elizabeth Warren, the top Democrat on the Senate Banking Committee,
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  wrote to Jamie Diamond last week to ask if he
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  took advice from Epstein while lobbying against the UK tax
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  on banker bonuses in a letter published by the committee
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  on Monday, and look, he probably was. I'll be the
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  first to tell you, I don't trust Jamie Diamond as
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  far as I could throw the dude. Now, please don't
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  confuse that with me thinking that Elizabeth Warren knows what
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  she's doing. I don't believe that either. I feel like
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  all of these people in the Senate and Congress, we're
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  all there to agitate. Nobody's there to work together. Nobody's
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  reaching across the aisle, nobody's trying to put bills together
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  that make my life better. What they do is they fight,
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  They argue, they throw red meat to the base, and
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  they don't give a fuck about anything but reelection and
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  real talk. Where was Elizabeth Warren when all of this
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  was happening in real time? It's critical that Congress and
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  the American public fully understand the extent of any interactions
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  the bank and you had with Epstein. The Senator wrote, Well,
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  she's not wrong about that, and while I can question
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  her motivation, I think trying to get the records is
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  the right move. And like I've told you, I'm going
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  to ride these mforts all the way to the finish line.
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  They want to have a parasitic relationship, cool, fine, But
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  one thing I'll never do is trust them. One thing
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  I'll never do is come on this podcast and tell you, oh,
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  you should vote for this person because they're a great
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  guy or a gal, because I don't believe any of
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  them are great, So I would never tell you that.
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  So what I try to do is look for whoever
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  is going to make my life better one way or
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  the other, and unfortunately it's none of these people. Diamond,
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  who has been the chair and chief executive of the
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  largest US bank for two decades, told a court in
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  twenty twenty three that he had never met Epstein and
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  had not heard the late sex offender's name until his
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  twenty nineteen arrest. Oh sure, Oh I'm sure, mister Diamond,
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  And I told you then probably telling us some bullshit. Well,
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  wouldn't you know. But a cash of documents released by
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  the US Department of Justice is here as pile pressure
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  on Diamond, one of the most powerful figures on Wall Street,
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  and raised fresh questions about his links with Epstein. So
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  here's what you do. You get all these Wall Street
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  executives and you put their pictures up on a wall
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  and then throw a dart, and whichever one of the
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  pictures the dart hits, you can guarantee that Jeffrey Epstein
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  had some sort of business with that person. That's how
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  corrupt the financial sector is, and they're the engine that
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  pushed Epstein's machine up the hill. A two thousand and
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  nine email emerged this year as part of the Epstein files,
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  which appeared to show the disgraced financier asking the former
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  Labor Minister Peter Mandelsson if Diamond should lobby the UK
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  Chancellor Alistair Darling in an attempt to dissuade them from
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  introducing attacks on banker bonuses. Now, let's give Jamie Diamond
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  the benefit of the doubt, right, real quick, Let's say
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  that what Epstein was doing was trying to use Jess
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  Staley to lobby Jamie Diamond. To take this narrative, that
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  could be possible, right, We have to keep that in mind.
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  We know that Epstein and Jamie Diamond didn't have too
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  much contact. Now we don't know the full extent, but
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  they certainly weren't as close as Jess Staley and Jeffrey
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  Epstein were. So could that be it possible? But does
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  that get Jamie Diamond off the hook? It most certainly doesn't,
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  because I have a very hard time believing that the
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  guy that's running JP Morgan Chase didn't know the kind
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  of serpent that they were served. Mandelsh replied that Diamond
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  should mildly threaten the Chancellor, and the banker is reported
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  to have subsequently spoken to Darling. Diamond allegedly pointed out
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  that JP Morgan was a big UK employer and purchaser
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  of government bonds and threaten to cancel investment in a
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  new London headquarters. Money makes the world move. Do you
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  see what's happening here? You have a bank, one of
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  the biggest banks in the world, threatening a government and
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  how are they doing that? Well, the bonds, We're not
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  going to purchase your bonds. We're not going to invest
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  in your city, we're not going to invest in your country.
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  Money talks, And how do you think these people want elections?
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  You think they just stroll up there and they give
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  a couple of good speeches and that's it. Millions and
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  millions and millions, sometimes hundreds of millions of dollars. And
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  where's that money coming from. Not from me and you,
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  It's coming from these people in the financial sector who
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  want laws that are going to be written in a
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  manner that benefits them. I know, breaking fucking news right.
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  The fact that some people still don't understand this is
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  mind boggling to me. Mandelssohn was sacked as US ambassador
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  last September because of revelations about his close friendship with
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  Jeffrey Epstein. Well might have something to do with the
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  trade secrets he was given him, you know, not just
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  a friendship. These resurfaced emails and related to reporting raised
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  questions regarding the extent of the bank's relationship with Epstein
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  and your knowledge of these ties, Warren said in her letter,
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  which was first reported by The Financial Times. The former
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  JP Morgan executive, an ex Barclay's boss, Jess Staley, has
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  previously alleged that he communicated with Diamond about the bank's
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  relationship with Epstein. Like I said, so it's hearsay, right.
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  Who do you believe Jess Staley or Jamie Diamond talk
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  about two serpents? A spokesman for JP Morgan said no,
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  such conversation never occurred. Further, a UK tribunal has already
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  called Staley's testimony evasive and unreliable. Well, that's true, Staley
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  is not exactly a reliable narrator. Have you noticed a
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  trend here, not many of those. The bank, which sued Staley,
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  claims he hit Epstein's crimes from colleagues to keep him
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  as a client. The parties were subsequently reported to have
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  reached a confidential settlement. Ah. Yeah, good old confidential settlement.
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  Nothing like the boys getting together to figure out how
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  to smooth things over. A spokesman for JP Morgan said
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  any association with the man was a mistake and we
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  regret it. But we would not have continued doing business
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  with him had we believed he was engaged in ongoing crimes.
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  We exited him as a client in twenty thirteen, years
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  before his federal sex trafficking arrest, and years after the
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  government had damning information that they kept from us. Oh,
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  the government should tell you. The government should just show
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  up at JP Morgan and be like, hey, guys, you
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  got big problems? Or should you have the checks and
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  balances set up that catches his bullshit? We all know
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  the story. They have regulations I have to follow. They
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  ignored those regulations to keep banking Epstein. That's not an allegation,
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  that's a fact. The US Bank reiterated that Diamond never
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  met Epstein and was not involved in any decisions about
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  his account. While he regularly speaks his mind on bad
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  anti growth policy and has his own views, any suggestion
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  that Diamond spoke with Epstein or took counsel from him
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  was false. The spokesperson added, Okay, well, I don't know
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  if I believe that or not, but okay, And as
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  far as the banks go, and as far as Jamie
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  Diamond goes, I've told you from the beginning, these people
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  were the heartbeat. Without them, Epstein couldn't have done anything
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  that he did. And while Jamie Diamond might not have
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  been directly involved, he was in charge. He was the boss,
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  and as we all know, the buck stops with you.
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  But I highly doubt that anything's going to come of this,
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  And I think that it's more Elizabeth Warren trying to
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  flex and trying to say, look, I'm doing something than
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  actually getting close to getting any kind of records or
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  getting any kind of real information that's going to move
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  the needle. But I'd love to eat crow and come
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  back here and tell you that I was wrong. So
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  we'll see what happens, and when we have some more
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  information one way or the other about JP Morgan and
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  the questions being asked to them will get that added
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  to the catalog as well. All the information that goes
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  with this episode can be found in the description box