FUCKING CONNECTION TO DEUTSCHE BANK AND EPSTEIN AGAIN, WORLDWIDE POLITICAL INFILTRATION
Deutsche Bank Ended Its Relationship With Jeffrey Epstein This Year
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>Deutsche Bank looks like its going down, too. Reuters reports massive layoffs.
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>https://www.reuters.com/article/us-deutsche-bank-layoffs/deutsche-bank-considering-up-to-20000-job-cuts-wsj-reports-idUSKCN1TT240
Deutsche Bank looks like its going down, too. Reuters reports massive layoffs.
https://www.reuters.com/article/us-deutsche-bank-layoffs/deutsche-bank-considering-up-to-20000-job-cuts-wsj-reports-idUSKCN1TT240
Deutsche Bank Ended Its Relationship With Jeffrey Epstein This Year
Deutsche Bank AG severed business ties with Jeffrey Epstein earlier this year, just as federal authorities were preparing to charge the disgraced financier with operating a sex-trafficking ring of underage girls out of his opulent homes in Manhattan and Palm Beach.
The German bank, itself a subject of unrelated government investigations, closed Epstein’s accounts over several months, according to a person familiar with the situation, who asked not to be identified discussing private matters.
Financier-Teenage Girls
Jeffrey Epstein in 2017.
It’s unclear how much money was involved or how long Epstein was a customer of Deutsche Bank, which maintained the accounts long after he was convicted of sex crimes more than a decade ago. A company spokesman in New York declined to comment.
Epstein was arrested Saturday and charged with sex trafficking and conspiracy by federal prosecutors in New York. The Justice Department is seeking to send him to prison for years and seize his Manhattan mansion. He previously served 13 months in a Florida prison as part of the plea deal, which came under renewed scrutiny after the Miami Herald revisited the case in a November report.
The revelation of the closed accounts adds to the mystery surrounding Epstein’s supposed fortune. Despite his lavish lifestyle and rich acquaintances, the extent of his wealth – and how he acquired it – remains unclear. He left Bear Stearns in 1981 to set up his own firm after a swift rise at the investment bank. While he reportedly managed money for billionaires for decades, his trades, if any, have attracted little attention from most market players despite an outsize lifestyle featuring private jets and luxury homes. He was arrested on the weekend after returning from Paris on his Gulfstream G550.
Read more: Mystery around Epstein’s fortune
Still, some details about his business dealings have emerged.
Epstein served as a director to Leon Black’s family foundation from 2001. He resigned in July 2007 at the family’s request and has not been affiliated with or performed any duties for the Foundation since that date,” a spokeswoman for the private equity executive’s foundation said in an emailed statement. His name mistakenly appeared on disclosure forms filed with the federal government from 2008 to 2012, she said.
His Financial Trust Co. had a $121 million investment in hedge fund firm DB Zwirn & Co., which shut down in 2008. Financial Trust also was also a major investor in Bear Stearns’s High-Grade Structured Credit Strategies Enhanced Leverage Fund, whose collapse helped ignite the global financial crisis.
So little is known about Epstein’s current business or clients that the only things that can be valued with any certainty are his properties. The Manhattan mansion is estimated to be worth at least $77 million, according to a federal document submitted in advance of his bail hearing.
He also has properties in New Mexico, Paris and the U.S. Virgin Islands, where he has a private island, and a Palm Beach estate with an assessed value of more than $12 million. He shuttles between them by private jet and has at least 15 cars, including seven Chevrolet Suburbans, according to federal authorities.
https://www.bloomberg.com/news/articles/2019-07-10/deutsche-bank-ended-relationship-with-jeffrey-epstein-this-year