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Deposition Transcripts · Segments · #10093
id
10093
deposition id
17
segment index
13
speaker
Page 14
start seconds
end seconds
text
Q And where were you at this time? A In New York. Q Where specifically in New York? A On Park Avenue right above Grand Central. Q What was the reason for this interaction? A Again, I think I was running the Private Bank, which meant trying to develop high net worth clients for J.P. Morgan. And Sandy Warner mentioned that Jeffrey Epstein seemed to be connected to the high net worth community of J.P. Morgan, and therefore I went to pay a visit to Jeffrey Epstein. Q Why was he considered of a high net worth? A He was an existing client at the Private Bank, so I wasn't the one who brought him in and determined his net worth. That was before I was made head of the Private Bank. Q Did Sandy Warner tell you anything about Mr. Epstein before you met him? A Just that he seemed to be connected to the high net worth community in New York. Q Did you hear anything about Mr. Epstein during your time at the bank? A The entire time at the bank? Q Prior to your meeting Mr. Epstein. A No. Q What did you know about him prior to this meeting? A I guess all I knew was that he had a connection to Les Wexner. Back when I first crossed him in 1999, I was running equity capital markets, and we took The Limited public, which was owned by Les Wexner. And that's where I had the one passing encounter. So all I knew was that he had a connection to Les Wexner. Q Did that alone make him a high-value client, or were there other things you knew about him that led you to that belief?