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Rome Was Burning: The Week JPMorgan's Top Banker Consulted Epstein During the Financial Crisis

  • Writer: Patrick Duggan
    Patrick Duggan
  • Feb 10
  • 3 min read

# Rome Was Burning: The Week JPMorgan's Top Banker Consulted Epstein During the Financial Crisis


**September 23-29, 2008: Seven days of emails that show who was really in the room**




329,442 Documents. One Week.



We've now indexed **329,442 documents** from the DOJ Epstein release - the most comprehensive searchable database of these files anywhere.


When you can search 329K documents in milliseconds, patterns emerge. Here's one: the week the global financial system nearly collapsed, and who JPMorgan's private bank chief was consulting.




The Week



September 23, 2008 - "Rome Was Burning"



The Fed has just announced unprecedented interventions. Lehman is dead. AIG is nationalized. WaMu is circling the drain.


**EFTA01300030** - Jes Staley (Head of JPMorgan Private Bank) to Jeffrey Epstein:


> "We went to the opening of the Met Opera last night. It felt like Rome was burning."


Epstein's response, same day:


> "The fed cannot fathom what it is actually buying. Protection is the hottest of new selling points."


A convicted sex offender is offering real-time analysis of Federal Reserve policy to one of America's most powerful bankers.




September 27, 2008 - "What a Deal Jamie Did"



Two days after JPMorgan acquires Washington Mutual in the largest bank failure in American history.


**EFTA01300035** - Staley to Epstein:


> "I miss you. What a deal Jamie did. I'm spending a lot of time with Treasury. The Private Bank has brought in $44 billion dollars in the last two weeks. Unreal. Also, do u know Sheldon Adelson. I am throughing him out of the bank on Monday."


Read that again:

- Celebrating JPMorgan's crisis acquisition

- **Treasury meetings** during the bailout negotiations

- Kicking Sheldon Adelson (Republican mega-donor, Las Vegas Sands) out of the bank

- All shared with Jeffrey Epstein


**EFTA01300037** - Epstein's reply:


> "The word is THROWING... but at your level there is no need to spell"


Even correcting his spelling.




September 28, 2008 - The Pitch



**EFTA01300043** - Epstein pitches his solution to the global financial crisis:


> "What is the next problem.. The solution is to revamp the currency markets. Yes- currency. Unlike derivatives, which are only twenty years old, and mortgages which are a few hundred.. Currency haven't changed for ever. It is the base of the global financial market, and people for the moment are not seeing its potential."


A registered sex offender, fresh from his Florida plea deal, is pitching macroeconomic policy to the head of JPMorgan's private bank during Treasury negotiations.




September 29, 2008 - Escape Plan



**Reported elsewhere**: Staley to Epstein:


> "I hope you keep the island. We all may need to..."


He's suggesting they might need to flee to Little Saint James during the financial collapse.




The Full Timeline



| Date | Event | Document |

|------|-------|----------|

| July 14, 2008 | Fannie/Freddie crisis. Staley emails Epstein about Fed/Treasury | EFTA01299937 |

| July 15, 2008 | Epstein: "We can help, push obama.." | EFTA01299937 |

| Aug 29, 2008 | Staley: "Obama's speech was quite something" | EFTA01300013 |

| Sept 15, 2008 | Staley: "Its going to get worse. The market is starting to fray" | EFTA01300023 |

| Sept 23, 2008 | "Met Opera... Rome was burning" / "Fed cannot fathom" | EFTA01300030 |

| Sept 25, 2008 | JPMorgan acquires WaMu (HISTORICAL) | - |

| Sept 27, 2008 | Staley: Treasury meetings, $44B, Adelson out | EFTA01300035 |

| Sept 27, 2008 | Epstein: "The word is THROWING" | EFTA01300037 |

| Sept 28, 2008 | Epstein: Currency markets solution | EFTA01300043 |

| Sept 29, 2008 | Staley: "Keep the island. We may all need to" | Reported |

| Oct 10, 2008 | Staley: "I am dealing with the Fed on an idea to solve things. I need a smart friend" | Exhibit 175 |




What This Means



This isn't speculation. These are their own emails.


During the week that determined whether the global financial system would survive:

- JPMorgan's private bank chief was in Treasury negotiations

- He was simultaneously consulting Jeffrey Epstein in real-time

- Epstein was offering Fed policy analysis and macroeconomic proposals

- Staley was sharing internal deal celebrations ("What a deal Jamie did")

- They discussed fleeing to Epstein's private island if it all collapsed


The emails were exchanged 4 months after Epstein's Florida plea deal.




The Index



We didn't break this story. The emails are in USVI court exhibits. The NYT reported on "push Obama."


What we did:

- Index **329,442 DOJ documents**

- Make them searchable in milliseconds

- Assemble the chronological narrative

- Let anyone verify


Search it yourself: [epstein.dugganusa.com](https://epstein.dugganusa.com)


The pattern is in the timestamps. The club met during the crisis. And we weren't in it.




*Document references: EFTA01299937, EFTA01300013, EFTA01300023, EFTA01300030, EFTA01300035, EFTA01300037, EFTA01300043*


*Sources: [USVI v. JPMorgan Exhibit 175](https://www.justice.gov/multimedia/Court%20Records/Government%20of%20the%20United%20States%20Virgin%20Islands%20v.%20JPMorgan%20Chase%20Bank,%20N.A.,%20No.%20122-cv-10904%20(S.D.N.Y.%202022)/285-41.pdf), [Senate Finance Committee Investigation](https://www.finance.senate.gov/ranking-members-news/continuing-epstein-investigation-wyden-probes-major-jpmorgan-chase-compliance-failures)*


*Index: 329,442 DOJ Epstein documents, searchable at epstein.dugganusa.com*





*Her name was Renee Nicole Good.*


*His name was Alex Jeffery Pretti.*

 
 
 

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