facilitating his enterprise, paying $290 million to settle the suit. they issued a statement, it was a mistake, we regret it, we would never have continued to do business with him if we believed he was using our bank to commit in any way commit heinous crimes. attorneys bleach the settlement was in the best interest of all the parties involved, especially the survivors, victims of epstein s terrible abuse. by the way, that settlement comes days after a judge was asked to order chase to give more information about a 2019 bank review involving the epstein matter, as well the results of another bank review of a relationship with a former wealth chief by jeff staley. by the way, there are two other lawsuits in this case. jesse, this is not the last we ve heard of this. more to come. back to you. jesse: wow.
the bank said the statements were false and keep in mind the bank sued staley and sought to pen the relationship on him. staley did say in legal documents that dimon communicated with him from 2006 through 2012 and also about his arrest in 2006 and then the guilty plea in 2008. what did you this is the 415-page deposition. a lot of it is not redacted. it brings up other high ranking executives at j.p. morgan. what is your big takeaway from reading this? i think what i took away was that jamie dimon was essentially saying is that it was other executives responsibility to review and terminate this relationship. he particularly calls out stephen cutler, the bank s general counsel at the time. he said if he had wanted to override others and terminate the relationship that he could have done that. he said he respects cutler and
epstein was a j.p. morgan client from 1998 until 2013. epstein was indicted on prostitution charge in 2006, pleaded guilty in 2008 and spent very little time in jail and then in 2019 the epstein scandal broke. he was arrested on federal sex trafficking charges. he died by suicide while detained. dimon says he only heard of epstein after that 2019 news broke. joining us is the wall street journal reporter who has been covering this story from the very beginning. really important reporting including yesterday you reported that a former j.p. morgan chase executive jeff staley said he did actually communicate with dimon, talked to him about the bank s business with epstein. that they had the conversations which appears to be in direct conflict from what we heard from jamie dimon in that deposition. [ no audio ] i did report that. the bank i can hear you.
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jeffrey epstein together. suppose they don t find any thing. i suspect jamie will get through it fine. i m not sure about some of the other executives of the bank, four former executives of the bank. jeff staley. not to name any names. i think this jeffrey epstein situation remains toxic, stephanie. three years after four. four years after his death, and we still don t know the damage, we don t even know that details, we don t know all the names. correct. are we ever going to? he is dead and ghislaine maxwell is sitting in jail. she knows the names, and they are obviously three or four people that we could sit here and talk about right now who are intimately involved with jeffrey epstein on a regular basis you aren t saying anything. are they ever going to pay, right? obviously, leon black has been, you know, humiliated. he is not in a power role he was once in, but you know what he still is? they ll be, stinking rich. is anybody else going to get in