First Republic Said To Be Offered to JPM Chase by FDIC Despite Antitrust and Dimon Epstein Link
More on which, below - including reactions to the "Epstein issue" on the fringe of the E. Jean Carroll v. Trump trial in SDNY
First Republic Said Offered to JPM Chase by FDIC Despite Antitrust and Dimon Epstein Link
FEDERAL COURTHOUSE, April 30 – After the failures of Silicon Valley Bank and Signature Bank in New York, now it's First Republic. The talk between April 29 and 30, amid the WHCA glitz, is of the FDIC selling the bank. But to whom?
Chief about those being offered First Republic Bank by the regulators is JPMorgan Chase, despite it already owning more than 10% of US deposits - and despite the exposure of its links to Jeffrey Epstein, with CEO Dimon ordered to be deposed.
The JPM Chase complaint is on Patreon, here.
On March 20, 2023 Judge Jed S. Rakoff in a bottom line order dismissed some but not all claims, in the Epstein-related cases against JPMC and Deutsche Bank.
Inner City Press put the order on its DocumentCloud here.
On April 18, after a telephone conference without transcription, Judge Rakoff ordered: "Jamie Dimon should be set aside two days for his deposition. On the first day, plaintiffs will have the opportunity to depose Mr. Dimon for a combined total of five hours. Mr. Staley will have the opportunity to depose Mr. Dimon for two hours.
“If, at the end of the first day, any party believes that it needs more time to depose Mr. Dimon, it must convene a joint call to Chambers by no later than 5:00 PM to explain why. The Court will then rule as to whether Mr. Dimons deposition should continue for a second day and, if so, for how long."
Will that call be open to the press and public?
More below the fold / paywall line:
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