News · moment 8 of 32

Dirty Money and the Barclays Epstein Banker

from Andrew Schulz | The Tim Dillon Show #436 · #436

2 min

News

They discuss how illicit and legitimate money are intertwined, referencing a Barclays banker (Staley) testifying about his relationship with Jeffrey Epstein and the excuse that 'the money is green.'

In this bit4 moments
  • Tim compares money laundering networks to drug cartels, suggesting cartel bosses work with bank managers who also handle MIT endowments and other legitimate accounts.
  • Jes Staley, the Barclays banker managing Epstein's money, claims he didn't know about Epstein's activities while facing a 1.8 million pound fine and ban.
  • The real reason Staley kept working with Epstein was because the money was green, but he can't say that in court.
  • Everyone involved claims they didn't know, but everybody takes the money from these arrangements anyway.
Mentioned here

Jeffrey EpsteinStaley St. StaleyUBSMIT

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