“Ultimate Decider’ on Epstein was JPMorgan’s Ex-Top Lawyer, Says Dimon”

In a recent interview with CNBC, JPMorgan Chase CEO Jamie Dimon revealed that the bank’s former top lawyer, Stephen Cutler, was the “ultimate decider” on the bank’s relationship with convicted sex offender Jeffrey Epstein.

Dimon stated that Cutler, who served as JPMorgan’s general counsel from 2007 to 2017, was responsible for making the final decision on whether to continue doing business with Epstein, despite his criminal history.

The revelation comes as JPMorgan faces scrutiny over its ties to Epstein, who was found dead in his jail cell in August 2019 while awaiting trial on charges of sex trafficking. The bank reportedly provided Epstein with banking services for years, despite his status as a registered sex offender.

Cutler, who left JPMorgan in 2017 to join law firm Simpson Thacher & Bartlett, has not commented on the matter.

JPMorgan has faced criticism for its handling of the Epstein case, with some calling for the bank to be held accountable for its role in enabling his alleged crimes. The bank has said that it is cooperating with authorities and conducting an internal review of its relationship with Epstein.

The Epstein case has also raised broader questions about the role of financial institutions in enabling criminal activity. Some have called for greater regulation and oversight of banks and other financial institutions to prevent them from facilitating illegal activities.

As a journalist, it is important to note that the allegations against Epstein are serious and disturbing, and that any involvement by JPMorgan or its executives in enabling his alleged crimes should be thoroughly investigated and addressed. It is also important to adhere to journalistic ethics and standards, including verifying information and sources, and presenting accurate and balanced reporting.

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