THE LATEST | CANADAFinancial Times: A week after Darling announced the measure, Epstein, who was well-connected on Wall Street, was messaging Mandelson with suggestions for how Mandelson could soften the policy, according to the emails.
“[A]ny real chance of making the tax only on the cash portion of the bankers bonus,” Epstein wrote in an email on December 15.
Mandelson responded within minutes: “Trying hard to amend as I explained to Jes last night. Treasury digging in but I am on case.” Epstein replied with: “let me know before jes please”, in an apparent reference to Jes Staley, then a senior banker at JPMorgan.
Two days later on December 17, Epstein emailed Mandelson asking whether Jamie Dimon, chief executive of JPMorgan, should “call darling one more time?” Mandelson replied, saying: “Yes and mildly threaten.”…