JP Morgan CEO Squirms Over Jeffery Epstein Questions

1 year ago
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In a recent interview, Jamie Dimon, CEO of JP Morgan, was asked about the allegations that the bank facilitated payments to Jeffrey Epstein's victims and benefited from human trafficking while ignoring warnings. Here are the highlights of his response:

Dimon cannot comment on current litigation, but assures us that JP Morgan has some of the best lawyers in the world.

The bank has a compliance team that reviews all of these things and makes decisions based on what they know at the time.

In retrospect, it seems that JP Morgan should have acted more quickly after Epstein pleaded guilty to one of these charges in 2000.

Dimon's nonchalant attitude towards these allegations is concerning, to say the least. The fact that JP Morgan may have benefited from human trafficking while ignoring warnings is a serious issue that should not be brushed off with a simple statement about lawyers and compliance teams.

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