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

This high-powered Wall Street executive, Staley, didn’t have to demean himself by visiting Epstein in a jail cell, because for the last 10 months of the 13 months Epstein served of his “jail” sentence, he was allowed to spend 12 hours a day, six days a week at his “office” in West Palm Beach in a work release program. He was chauffeured to his office by his own private driver in his limousine. Epstein had at that time pleaded guilty to a felony charge and was, under the law, a sex offender of a minor. He did not qualify for a work release program.

There had to be something very hush-hush that JPMorgan’s Staley wanted to discuss in person with Epstein for him to forego the use of that modern invention called a telephone and visit a notorious child sex offender guarded by sheriff deputies at his “office,” where Staley had to sign a visitor’s log. Staley is currently the CEO of the British bank, Barclays, but he had spent more than 30 years of his career at JPMorgan Chase in a multitude of high level positions.

On Sunday we reported that Epstein had been the Chairman of a $6.7 billion offshore company that documents suggest received a secret bailout from the Federal Reserve during the financial crisis. The company was Liquid Funding Ltd. and was 40 percent owned by Bear Stearns, a major Wall Street investment bank which collapsed during the financial crisis and received $853 billion in secret loans from the Federal Reserve as well as the publicly-disclosed $28.8 billion purchase of toxic assets through a senior loan from the Federal Reserve Bank of New York to sweeten the terms of the purchase of Bear Stearns by JPMorgan Chase. (Read our full report here.)

The ratings agency Moody’s reported on April 18, 2008 that Liquid Funding Ltd. had wound down. Epstein’s Chairmanship of Liquid Funding ended on March 19, 2007 according to documents leaked from the Appleby law offices, a law firm heavily involved in creating offshore accounts in tax havens.

It appears that Liquid Funding did wind down for a period of time but the leaked documents also show that it was resurrected by JPMorgan Chase in 2011 – three years after it had purchased Bear Stearns.

http://wallstreetonparade.com/2019/07/jpmorgans-jamie-dimon-has-gone-to-defcon-1-over-banks-ties-to-jeffrey-epstein/

Mr. Epstein provided personal tax services to Leon D. Black, whose Apollo Global Management is one of the world’s largest private-equity firms. He discussed a major investment idea with and entrusted millions of dollars to Glenn Dubin, who ran the hedge fund Highbridge Capital Management. And, with Mr. Staley, he laid some of the early groundwork for JPMorgan to make a major acquisition — one that would vault Mr. Staley’s career to a higher plane.

https://www.nytimes.com/2019/07/22/business/jeffrey-epstein-business-wall-street.html

http://wallstreetonparade.com/2019/07/jeffrey-epstein-chaired-a-6-7-billion-company-that-documents-suggest-may-have-received-a-secret-federal-reserve-bailout/