. “I don’t recall knowing anything about Jeffrey Epstein until the stories broke sometime in 2019,” Dimon testified, adding that he “had never even heard of the guy.”
When a plaintiff’s lawyer asked, “Were you aware that Jeffrey Epstein was promoting you to contacts as a candidate for Secretary of the Treasury?” Dimon answered, “Nope.” Asked whether she ordered “any further inquiry” into Epstein as a result, Erdoes answered that she didn’t recall. “There’s a normal process whereby legal risk and compliance will take any negative media searches,” Erdoes testified, “and escalate them as appropriate to whichever banker is responsible for said relationship and will dispose of that issue one way or another.”
Erdoes testified that she terminated Epstein’s relationship with the bank after Staley’s departure in 2013, saying Staley was no longer there to advocate for Epstein and that she had concerns about his “large cash withdrawals.”