| First
Republic Given to JPM Chase amid
Dimon Epstein Link now Closes 21
Branches Cites Cars
by
Matthew Russell Lee, Patreon Book
Substack
FEDERAL
COURTHOUSE, June 2 – After the
failures of Silicon Valley
Bank and Signature Bank in New
York, now it's First Republic
Bank.
At 3 am
Eastern time on May 1, the
First Republic (and $13
billion) was given to JPMorgan
Chase, which is already over
the "maximum" 10% of US
deposits threshold - and whose
CEO Jamie Dimon has been
ordered deposed about his
knowledge of, and link to, the
pedophile conspiracy of
Jeffrey Epstein. It's come to
this.
The
JPM Chase
complaint is
on Patreon, here.
On
June 1, it
was reported
that JPMorgan
Chase will
shut 21
branches of
First Republic
Bank by the
end of the
year as it
integrates the
failed lender
into its
operations, a
JPMorgan
spokesperson
said.
'These
locations have
relatively low
transaction
volumes and
are generally
within a short
drive from
another First
Republic
office,' the
spokesperson
said." Of
course, in
urban areas
underserved by
Chase, most
people don't
have cars...
On March
20, 2023 U.S.
District
Court for the
Southern District of
New York 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,, which
reports daily
on the SDNY
(and
the Community
Reinvestment
Act evasions
of Chase and
other banks
like KeyCorp) put
the order on
its
DocumentCloud
here.
April 30, 2023
piece on JPM
Chasing First
Republic amid WHCA
glitz and the
E. Jean
Carroll v.
Trump trial,
on Substack here
There
was no public
input
into the
sell-off, including
into how many
of First
Republic's 84
branches for
example in New
York City will
be closed.
Back 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 on
Substack here.
***
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