Jeffrey Epstein Pursued Bid for AIB Assets with Todd Boehly

Yesterday, I debunked an alleged Irish connection to the Epstein Files, so today, let’s look at a real one as a palate cleanser. As I said in my previous piece, I’m mainly looking at his financial affairs, and I’m still in the early stages because I’ve been waiting until the final tranche of documents was released before I put too much energy into it. Most of the financial documents are pretty dense and it’s going to take a long time, plus the assistance of people who know more about finance than me, to investigate it properly.

In the meantime though, let’s talk about emails in the Epstein Files showing that Jeffrey Epstein was part of a consortium that sought to purchase distressed property and loan portfolios from AIB when the bank put them up for sale in 2011.

The deal was being brokered by New York real estate investor David Mitchell of Mitchell Holdings, in partnership with financier Todd Boehly, then of Guggenheim Partners. Mitchell reached out to Epstein in early 2011 to see if he had any interest in investing himself, and to see if he could get Peter Mandelson involved. One of the more detailed emails on the subject also claims the involvement of the Freshwater family, the British property billionaires behind Daejan Holdings. Discussions on the deal continued until at least September 2011, when a tedious back and forth between Epstein and Boehly’s secretaries led to an eventual follow-up conference call. At that point, getting Peter Mandelson on board was still on the to-do list, though nothing further appears to have come of the talks regardless.

All the same, I find this interesting for a couple of reasons, first and foremost of which is that Todd Boehly – current co-owner of, among other things, Chelsea FC and the Golden Globes – tried to put together a huge international business deal with Jeffrey Epstein in 2011, less than two years after his release from prison. I hope he faces a thorough grilling about this relationship, and frankly I wouldn’t mind if it somehow led to the fall of his horrible company Eldridge Industries.

The second is that since that conference call happened on 19th September 2011, my research brought me to a file that featured Jeffrey Epstein’s plans for two days later on 21st September 2011, the exact date it has been falsely claimed he met former Minister for Justice Alan Shatter in Dublin. Not that it needed any more debunking, but Jeffrey Epstein was in New York that entire week. On the 21st, he had dinner with Jes Staley, his best friend at J.P. Morgan:

September 21, Wednesday
*Gov. Richardson in NY*
7:30 Dinner w/Jes Staley
Leons Dinner - We need to confirm this on Monday
5-9:00 Eva Andersson-Dubin's Antiques, Art & Design at the Armory (REDACTED) WE RSVP'd YES Plus 1

The third is that it underscores my larger point in my previous piece, which is that if Jeffrey Epstein had interests in Ireland, they are overwhelmingly likely to have been financial. My preliminary searches of the Epstein Files have turned up a number of financial prospectuses for Irish-based investments. In email correspondence with his lawyer William Blum regarding the drafting of new financial services laws for the US Virgin Islands, Blum cites “how Apple/Microsoft et al. are being taxed in Ireland” as the model they wanted to replicate. There are several documents regarding the details of Apple’s tax deals in Ireland from different sources, including transcripts from a Congressional hearing about them. This is what Ireland is to the wealthiest and most powerful people in the world: the tax haven nonpareil, a shining beacon of hope for people already so rich the annual interest on their wealth eclipses what most people will earn in their lifetime.

Epstein’s only other evinced interest in Ireland seems to have been in the Northern Irish peace process as a model for Israel and Palestine, and even then, he seems to have been interested in the US and UK figures involved, not the Irish. To put it bluntly, I don’t think that Jeffrey Epstein had the geopolitical sophistication to realise Ireland could be useful to him as more than just a financial jurisdiction.

He was also enough of a weird race science eugenics guy that I kind of suspect he probably thought of the Irish as inbred savages who weren’t worth much to him. I suspected that before I ever read his texts about how our “horrible asses” are “genetic from the potato famine”, and I suspect it even more now.

Mattie McGrath’s Incoherence on Housing

South Tipp TD Mattie McGrath made a curious contribution during a Dáíl housing debate last week, video of which he shared on his Facebook page. Here’s the relevant portion, quoted from the Dáíl record:

“It is a mammoth task. We have to get real. The idea of the left here is that we cannot have private contractors or developers. If we do not have private developers involved, we will not build the houses, full stop. I would love to be back in the 1940s and 1950s when the county council had manpower and built the houses, but those days are gone. We have to get over these ideologies, stop objecting to housing being built and encourage the voluntary sector. I am a member of Caislean Nua Voluntary Housing Association. It is the proudest thing I was ever involved in. We built 17 houses. That is not many but it was a voluntary committee. If every village and hamlet built ten, we would halve the housing crisis.”

What’s curious about it is that I was under the impression that Mattie McGrath regarded the gutting of local authorities, their resources and manpower, as a bad thing that should be reversed. Once upon a time, he joined a High Court action to challenge the constitutionality of the abolition and merger of various local authorities under the Fine Gael / Labour austerity coalition, and hardly a day goes by he does not bemoan the abolition of Clonmel Borough Council in particular. That the loss of that council has been disastrous for services and development in Clonmel is something on which Deputy McGrath and I agree.

But apparently, the idea that councils should be resourced, staffed and empowered to build public housing at scale is a suggestion to be dismissed out of hand as unrealistic, and more than that, ideological. Deputy McGrath starts by attacking the strawman idea that “the left” want to abolish all private housing development, but what he actually attacks is the notion of public housing itself. This is at odds not only with his professed views on councils, but his professed views on housing.

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Interview: Iva Pocock, Green Candidate for Tipp North

For the general election, I have decided to conduct a candidate interview series with the candidates seeking to represent Tipperary in the 34th Dáil. I initially hoped to arrange to do proper interviews with as many candidates as possible, but in the interest of giving the candidates equal time and opportunity to respond, I’ve emailed them each ten questions. Nine of the ten questions are the same for all candidates, with one question (#9) tailored to the candidate. All candidates of the same party were given the same tailored question. I will be publishing responses in the order I receive them.

Next up: Iva Pocock, Green candidate for Tipp North.

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Interview: Bill Fitzgerald, Independent Candidate for Tipp South

For the general election, I have decided to conduct a candidate interview series with the candidates seeking to represent Tipperary in the 34th Dáil. I initially hoped to arrange to do proper interviews with as many candidates as possible, but in the interest of giving the candidates equal time and opportunity to respond, I’ve emailed them each ten questions. Nine of the ten questions are the same for all candidates, with one question (#9) tailored to the candidate. All candidates of the same party were given the same tailored question. I will be publishing responses in the order I receive them.

Next up: Bill Fitzgerald, independent candidate for Tipp South.

Continue reading “Interview: Bill Fitzgerald, Independent Candidate for Tipp South”

Interview: Diana O’Dwyer, People Before Profit Candidate for Tipp North

For the general election, I have decided to conduct a candidate interview series with the candidates seeking to represent Tipperary in the 34th Dáil. I initially hoped to arrange to do proper interviews with as many candidates as possible, but in the interest of giving the candidates equal time and opportunity to respond, I’ve emailed them each ten questions. Nine of the ten questions are the same for all candidates, with one question (#9) tailored to the candidate. All candidates of the same party were given the same tailored question. I will be publishing responses in the order I receive them.

Next up: Diana O’Dwyer, People Before Profit candidate for Tipp North.

Continue reading “Interview: Diana O’Dwyer, People Before Profit Candidate for Tipp North”