By Tyler Durden
Less than two weeks ago, former Barclays CEO Jes Staley resigned over his unsavory ties to Jeffrey Epstein – which in turn followed the departure of another Epstein pal, Leon Black – who left private equity giant Apollo following an internal uprising over the relationship.
We may now know more about what prompted Staley’s departure…
According to the Financial Times, Staley and Epstein exchanged 1,200 emails over a four-year span, which contained unexplained code words such as “snow white,” according to people familiar with the emails.
Staley and Epstein became acquainted in the early 2000s, when Epstein was a client of JPMorgan’s private bank. Staley notably visited Epstein in prison where he was serving time in 2009 for child prostitution. According to Staley, their relationship began to “taper off” after he left the bank in 2013 – except for the time he sailed his yacht to Epstein’s ‘pedo island’ – after which he claims he had no contact with the notorious pedophile.
To recap, Staley resigned after UK regulators concluded that he mischaracterized his relationship with Epstein as purely professional – findings Staley says he will contest…
