1 00:00:00,520 --> 00:00:04,040 Speaker 1: What's up, everyone, and welcome to another episode of the 2 00:00:04,080 --> 00:00:07,599 Epstein Chronicles. A couple of days ago, we were talking 3 00:00:07,599 --> 00:00:10,800 a little bit about Leon Black and how he was 4 00:00:10,800 --> 00:00:14,199 supposed to be deposed as part of the Bank of 5 00:00:14,240 --> 00:00:19,079 America lawsuit filed by the Epstein survivors. Well as predicted, 6 00:00:19,839 --> 00:00:22,879 Bank of America has entered into a settlement with the 7 00:00:22,920 --> 00:00:27,839 Epstein survivors, So that also means that Leon Black obviously 8 00:00:27,920 --> 00:00:30,879 is not going to be deposed, and honestly, I doubt 9 00:00:30,920 --> 00:00:34,200 that we're ever gonna get Leon Black under oath. Talking 10 00:00:34,240 --> 00:00:37,359 about Jeffrey Epstein, you know that Congress isn't going to 11 00:00:37,359 --> 00:00:40,880 do it. And anytime there's a lawsuit that pops up 12 00:00:41,759 --> 00:00:45,399 that has to do with Leon Black, he always finds 13 00:00:45,399 --> 00:00:48,759 an exit because he has a big bank account. I mean, 14 00:00:48,799 --> 00:00:51,560 he paid sixty two million down in the USVII to 15 00:00:51,679 --> 00:00:55,119 get out of that trouble. He also paid guselle Ganieva 16 00:00:55,320 --> 00:00:59,960 a king's ransom during their dispute. So it's not like 17 00:01:00,039 --> 00:01:02,799 Leon Black is against spending a bunch of money to 18 00:01:02,880 --> 00:01:05,519 try and get out from underneath the shadow of Jeffrey Epstein. 19 00:01:05,840 --> 00:01:08,760 The problem for Leon Black, though, is there's no escape. 20 00:01:11,280 --> 00:01:14,920 Maybe with legacy media, maybe with people that want this 21 00:01:15,040 --> 00:01:18,159 to go away, But when it comes to people who 22 00:01:18,200 --> 00:01:21,040 know the story, who know the people that were truly 23 00:01:21,079 --> 00:01:25,159 involved and breaking news, it's not Ted Waite. Why Congress 24 00:01:25,239 --> 00:01:28,959 is wasting their time opposing Ted Waite, I'll never understand, 25 00:01:29,400 --> 00:01:33,359 especially considering they've never even spoken to Leon Black. Have 26 00:01:33,439 --> 00:01:38,000 you guys brought in Adriana Ross or Leslie Groff? But sure, 27 00:01:38,079 --> 00:01:40,879 let's talk to Ted Waite. But considering the way that 28 00:01:41,239 --> 00:01:45,959 the Congressional Committee has conducted itself, is anybody surprised that 29 00:01:46,040 --> 00:01:49,000 they're trying to waste time and bring in Ted Waite 30 00:01:49,159 --> 00:01:53,799 instead of somebody of consequence. How about you guys talk 31 00:01:53,840 --> 00:01:56,519 to Nicholas tartag leone put him under oath, Or how 32 00:01:56,560 --> 00:02:00,200 about the OIG investigators that investigated what happened in that 33 00:02:00,280 --> 00:02:05,439 jail cell. Why don't you guys talk about the NPA. Well, 34 00:02:05,480 --> 00:02:07,319 the reason is they're not trying to get to the 35 00:02:07,319 --> 00:02:12,000 bottom of what happened. They're trying to placate you. They 36 00:02:12,039 --> 00:02:15,000 want you to focus on other things, certainly not this. 37 00:02:15,479 --> 00:02:18,280 And as far as Bank of America is concerned, the 38 00:02:18,360 --> 00:02:20,080 last thing they want to do is have some drawn 39 00:02:20,080 --> 00:02:23,520 out lawsuit where they end up just settling like JP 40 00:02:23,639 --> 00:02:27,039 Morgan anyway, So they took a look at the allegations, 41 00:02:27,080 --> 00:02:29,120 they took a look at the paperwork, and they were like, 42 00:02:29,159 --> 00:02:33,439 you know what, why don't we just settle here? And honestly, 43 00:02:33,960 --> 00:02:37,960 that's in their best interest because if this got to discovery, 44 00:02:38,039 --> 00:02:41,439 if it got to a point where those depositions started 45 00:02:41,719 --> 00:02:44,199 coming in, it could have got real bad for Bank 46 00:02:44,240 --> 00:02:47,400 of America real quick. And I think Bank of America 47 00:02:47,479 --> 00:02:50,639 saw the writing on the wall, considering the lawsuits that 48 00:02:50,800 --> 00:02:55,439 have been filed previously against the financial sector and settled 49 00:02:55,840 --> 00:02:59,199 for a gigantic amount of money. So Bank of America 50 00:02:59,360 --> 00:03:01,879 was very aware of that, and when they went into this, 51 00:03:02,680 --> 00:03:05,439 that was probably the goal, right see what they had 52 00:03:05,840 --> 00:03:09,560 get the initial you know, back and forth discovery process going, 53 00:03:10,919 --> 00:03:14,479 and once they saw the evidence or the proposed evidence, 54 00:03:15,240 --> 00:03:18,039 they decided that it's in their best interest just to 55 00:03:18,080 --> 00:03:22,719 cut their losses here and settle up. And if I 56 00:03:22,759 --> 00:03:25,680 was an investor at Bank of America, I'd be happy 57 00:03:25,680 --> 00:03:31,479 about that. This article was published by ABC News and 58 00:03:31,520 --> 00:03:35,520 the headline Bank of America reaches proposed non binding settlement 59 00:03:35,960 --> 00:03:40,240 in pseuit alledging it aided Jeffrey Epstein's crimes. This article 60 00:03:40,319 --> 00:03:45,599 was authored by Peter Charlembeau and James Hill. Bank of 61 00:03:45,639 --> 00:03:48,879 America has reached a proposed, non binding settlement in a 62 00:03:48,960 --> 00:03:53,280 lawsuit that alleged that the bank helped facilitate Jeffrey Epstein's 63 00:03:53,400 --> 00:03:59,080 trafficking operation. According to court records, the proposed class action compliant, 64 00:03:59,560 --> 00:04:03,240 filed in October of twenty twenty five, alleged that Bank 65 00:04:03,280 --> 00:04:07,360 of America knowingly provided the financial support and the veneer 66 00:04:07,759 --> 00:04:12,599 of institutional legitimacy to Abstein and ignored suspicious transactions by 67 00:04:12,599 --> 00:04:15,719 the late disgraced financier. And look, there's a paper trail 68 00:04:15,759 --> 00:04:18,839 for all of that, and that's why you see the 69 00:04:18,879 --> 00:04:23,040 bank so willing to settle. Don't think for a minute 70 00:04:23,040 --> 00:04:25,759 that Bank of America doesn't have the best lawyers, that 71 00:04:25,839 --> 00:04:28,319 they don't have a legal team filled with high priced 72 00:04:28,360 --> 00:04:32,720 lawyers and hotshots. And if they could have found any 73 00:04:32,720 --> 00:04:35,360 way out of the settlement, right, anyway out of the suit, 74 00:04:35,639 --> 00:04:39,720 that's what they would have done. A notice on the 75 00:04:39,759 --> 00:04:41,800 case docket said the lawyers for the bank and the 76 00:04:41,879 --> 00:04:45,160 victims reached a settlement and principle, the terms of the 77 00:04:45,160 --> 00:04:48,240 settlement were not immediately disclosed and would need to be 78 00:04:48,319 --> 00:04:52,120 approved by a federal judge. US District Judge Jed Raykoff 79 00:04:52,360 --> 00:04:55,519 had previously scheduled the case to go to trial on 80 00:04:55,600 --> 00:04:59,360 May eleventh. Well, being a bit familiar with Judge Rakoff, 81 00:05:00,120 --> 00:05:02,439 my guess is he's going to approve this and let 82 00:05:02,519 --> 00:05:06,079 it go through. I think it's in the best interest 83 00:05:06,199 --> 00:05:09,399 of the court obviously, if he can have both parties 84 00:05:09,639 --> 00:05:13,439 come to the table and find a middle ground, that's 85 00:05:13,439 --> 00:05:18,759 obviously the goal. So I think Judge Rakoff is going 86 00:05:18,800 --> 00:05:21,800 to okay this deal, and we should see this settlement 87 00:05:21,879 --> 00:05:26,240 kept moving relatively quickly. A court hearing to consider the 88 00:05:26,240 --> 00:05:30,240 settlement proposal is scheduled for April second in federal court 89 00:05:30,519 --> 00:05:34,160 in New York, according to the docket. Bank of America 90 00:05:34,360 --> 00:05:37,480 declined to comment on the proposed settlement. To ABC News, 91 00:05:37,920 --> 00:05:41,199 an attorney for the victims called the proposed settlement one 92 00:05:41,240 --> 00:05:45,079 more step on the road to much deserve justice. Well, look, 93 00:05:45,120 --> 00:05:48,800 I agree, right, there's no doubt that there's really no 94 00:05:48,879 --> 00:05:52,680 other avenue for the abused and the aggrieved to get 95 00:05:52,920 --> 00:05:56,759 compensation here. Nobody's going to go to prison, so all 96 00:05:56,759 --> 00:06:01,079 that's left is making it a financial burden on these people, 97 00:06:02,319 --> 00:06:04,079 and I know that's not what any of us want, 98 00:06:05,000 --> 00:06:07,959 but unfortunately that's the way the system set up. If 99 00:06:08,000 --> 00:06:10,399 you're rich enough, you can buy your way out of 100 00:06:10,480 --> 00:06:14,560 just about anything. The women entrapped and abused by Jeffrey 101 00:06:14,560 --> 00:06:18,439 Epstein and Glenn Maxwell started a monumental reckoning with their 102 00:06:18,480 --> 00:06:22,279 brave voices and fearlessness. The road to justice for these 103 00:06:22,319 --> 00:06:26,199 women has been long and trying, Attorney Cigarett McCauley said 104 00:06:26,199 --> 00:06:28,639 in a statement, and I look back to where this 105 00:06:28,720 --> 00:06:32,399 started seven years ago and where it is today, and 106 00:06:32,480 --> 00:06:36,319 I'm kind of blown away. Honestly. The amount of progress 107 00:06:36,360 --> 00:06:39,680 that's been made as far as making people aware of 108 00:06:39,720 --> 00:06:43,439 what's going on is monumental. Now, of course we all 109 00:06:43,480 --> 00:06:46,759 want those arrests, we all want justice, but I think 110 00:06:46,800 --> 00:06:50,079 one of the first steps toward that occurring is more 111 00:06:50,079 --> 00:06:52,759 people being aware of what went on and more people 112 00:06:52,839 --> 00:06:57,399 understanding that this most certainly is not some conspiracy theory. 113 00:06:58,399 --> 00:07:01,160 Though the terms of the settlement are known, a proposed 114 00:07:01,160 --> 00:07:04,879 resolution of the case would likely scuttle an upcoming deposition 115 00:07:05,519 --> 00:07:08,959 of Apollo Global Management co founder Leon Black, who was 116 00:07:09,000 --> 00:07:13,360 scheduled to sit for questioning on March twenty six. Black 117 00:07:13,399 --> 00:07:16,160 resigned from his role at Apollo in twenty twenty one 118 00:07:16,600 --> 00:07:20,000 after an inquiry into his relationship with Epstein, which found 119 00:07:20,040 --> 00:07:23,040 that Black paid Epstein one hundred and fifty eight million 120 00:07:23,120 --> 00:07:26,720 dollars for tax and a state planning advice. And I 121 00:07:26,800 --> 00:07:30,040 remember when the push was on to get Leon Black out. 122 00:07:31,680 --> 00:07:34,439 That was a concerted effort by a lot of people. 123 00:07:34,920 --> 00:07:37,680 And the same goes for Glenn Dubin, the same goes 124 00:07:37,680 --> 00:07:40,279 for Les Wexner, and also the beginning of the end 125 00:07:40,480 --> 00:07:43,360 for Prince Andrew. All of them were sacked due to 126 00:07:43,399 --> 00:07:49,439 their nonsense with Epstein during the initial investigation, after Epstein 127 00:07:49,480 --> 00:07:52,800 was arrested and certainly after he died. So the people 128 00:07:52,839 --> 00:07:55,199 that you see stepping down now due to their ties 129 00:07:55,240 --> 00:07:58,839 to Epstein is just a continuation from what was going 130 00:07:58,879 --> 00:08:03,079 on back in twenty nineteen all the way through twenty 131 00:08:03,399 --> 00:08:06,480 twenty two or so. And when Leon Black was first 132 00:08:06,519 --> 00:08:09,920 called on the carpet, it was a battle, right, he 133 00:08:09,959 --> 00:08:12,720 wasn't going to go down without a fight. But again 134 00:08:12,759 --> 00:08:18,120 the evidence is abundant, and Leon Black at Apollo, they 135 00:08:18,199 --> 00:08:21,240 understood that Leon Black had to step down. Now, does 136 00:08:21,240 --> 00:08:22,920 that mean that Leon Black had nothing to do with 137 00:08:22,959 --> 00:08:25,959 the company that he wasn't still you know, in the shadows, 138 00:08:26,279 --> 00:08:28,839 of course not. But to act like Leon Black, as 139 00:08:28,839 --> 00:08:33,639 somebody knew in this story is absolutely insane. This man 140 00:08:34,080 --> 00:08:36,399 has been in the center of what Epstein was up 141 00:08:36,440 --> 00:08:40,480 to for a long ass time, and whether you believe 142 00:08:40,480 --> 00:08:43,919 the trafficking allegations or not, I have a hard time 143 00:08:43,960 --> 00:08:47,440 believing anybody thinks that Leon Black was giving Jeffrey Epstein 144 00:08:47,440 --> 00:08:50,159 one hundred and fifty eight million dollars for tax advice. 145 00:08:50,759 --> 00:08:54,200 In a statement from January, Black's attorney said his client 146 00:08:54,279 --> 00:08:57,679 had no awareness of Epstein's criminal activity and there is 147 00:08:57,720 --> 00:09:01,679 absolutely no truth to any of the alley against mister Black. 148 00:09:01,960 --> 00:09:04,960 The lawsuit against Bank of America alleged that those payments 149 00:09:04,960 --> 00:09:08,399 from Black and other transactions by Epstein should have raised 150 00:09:08,399 --> 00:09:11,879 concern by the bank, which fell to alert law enforcement 151 00:09:12,159 --> 00:09:17,519 as to Epstein's crimes before it was far too late. Well, 152 00:09:17,519 --> 00:09:20,679 that's the problem when you don't file the stars. If 153 00:09:20,720 --> 00:09:23,480 you would have filed the suspicious activity reports, you would 154 00:09:23,519 --> 00:09:25,720 have to worry you'd be covered. You did your job, 155 00:09:26,480 --> 00:09:29,720 You filed the stars, and the government chose to ignore them. 156 00:09:30,000 --> 00:09:32,720 But as the financial institution, if you didn't do that. 157 00:09:33,159 --> 00:09:36,720 If you didn't file those stars, you're now responsible. It's 158 00:09:36,759 --> 00:09:41,039 on you. And obviously a Bank of America and all 159 00:09:41,080 --> 00:09:44,679 of these banks that were involved were way more interested 160 00:09:45,080 --> 00:09:51,200 in making money than protecting anybody. Epstein committed these crimes 161 00:09:51,200 --> 00:09:54,519 by means of not only his own extraordinary wealth and power, 162 00:09:55,000 --> 00:09:58,440 but through access to funding and financial support from both 163 00:09:58,480 --> 00:10:03,480 individuals and institution, including Bank of America. Egregiously, Bank of 164 00:10:03,559 --> 00:10:08,320 America had a plethora of information regarding Epstein's sex trafficking operation, 165 00:10:08,759 --> 00:10:12,960 but shose profit over protecting victims. The lawsuit alleged, well, 166 00:10:13,000 --> 00:10:16,240 that's exactly what they did. I don't even think that's 167 00:10:16,279 --> 00:10:21,320 an allegation. Honestly, does anyone out there really believe that 168 00:10:21,360 --> 00:10:26,440 the bank had no idea that these transactions were suspicious 169 00:10:26,559 --> 00:10:29,919 and that they should have been flagged and notated. Of 170 00:10:29,919 --> 00:10:34,360 course they knew, but again they didn't care. And now 171 00:10:34,399 --> 00:10:37,559 it's going to cost them. But unfortunately, the damage is 172 00:10:37,600 --> 00:10:42,240 already done and nobody's going to really be held to account. 173 00:10:42,519 --> 00:10:46,759 It's going to cost them financially, but that's it. Bank 174 00:10:46,799 --> 00:10:50,240 of America had unsuccessfully attempted to persuade the court to 175 00:10:50,320 --> 00:10:53,519 dismiss the case. By arguing that the suit was based 176 00:10:53,519 --> 00:10:57,159 on nothing more than allegations that it provided routine services 177 00:10:57,159 --> 00:11:00,000 to customers who at the time had no known cannet 178 00:11:00,639 --> 00:11:05,639 to Epstein's trafficking ring. Bank of America opposes trafficking in 179 00:11:05,639 --> 00:11:08,399 all of its forms, but this suit attempts to radically 180 00:11:08,440 --> 00:11:12,679 expand the liability for banks, holding them liable for providing 181 00:11:12,799 --> 00:11:16,679 ordinary banking services to individuals one or more steps removed 182 00:11:16,840 --> 00:11:20,120 from a trafficker. On November twenty twenty five, filing from 183 00:11:20,159 --> 00:11:24,159 the bank's lawyer said, Meanwhile, they have no problem canceling 184 00:11:24,240 --> 00:11:27,399 or closing your account if you're doing something that don't like, 185 00:11:28,000 --> 00:11:31,639 shopping somewhere that don't like, donating somewhere that don't like. 186 00:11:32,919 --> 00:11:35,679 But Jeffrey Epstein and his friends, Ah, come on, what 187 00:11:35,720 --> 00:11:37,799 are you crazy. We can't miss out on that money. 188 00:11:38,320 --> 00:11:40,639 We got to make sure that we're banking the beast. 189 00:11:41,720 --> 00:11:45,039 And that's always been the story, right The financial sector 190 00:11:45,480 --> 00:11:48,240 is going to do what the financial sector does, whether 191 00:11:48,279 --> 00:11:53,360 it's Jeffrey Epstein, whether it's some god awful war, or 192 00:11:53,399 --> 00:11:55,919 whether it's the next monster in waiting. One thing you 193 00:11:55,919 --> 00:11:59,639 can count on is the involvement of the scoundrels in 194 00:11:59,679 --> 00:12:03,840 the financial sector. All right, folks, that's gonna do it 195 00:12:03,840 --> 00:12:06,879 for this one. All the information that goes with this 196 00:12:07,000 --> 00:12:10,120 episode can be found in the description box.