What Implications Could Jeffrey Epstein's Death Have for Wall Street?

Publish date:
Video Duration:

Jeffrey Epstein was found dead of apparent suicide over the weekend as his awaited a trial on sex-trafficking charges. 

Epstein, was arrested July 6 after federal prosecutors in Manhattan indicted him on two counts related to sex trafficking of minors, which together carry a maximum sentence of 45 years in prison.

News of his death over the weekend carried into trader discussions in early morning trading Monday as questions and speculation abound. 

Jim Cramer said Epstein's death eliminates the privacy that may have once been associated with the case, as Wall Street wonders which of its colleagues may have been involved with Epstein financially. 

"He was a hedge fund manager. Who covered his account? Who dealt with him directly? Did he trade stocks? Where are the stocks? What did he do with the money?" Cramer asked. 

More From Cramer Today

Full Replay:Epstein, Hong Kong, Markets, Recession? What's at the Top of Jim Cramer's Mind

Stock of the Day: Jim Cramer on the Viacom-CBS Merger: Enough Is Enough

Jim Cramer Reveals the 'Secret Sauce' of Fantasy Football

The Good, the Bad and the Goldman: Why Jim Cramer Doesn't See a Recession Yet

Jim Cramer Reveals 2 Stocks That Could Benefit From a Slowdown

Dog Days of Summer: Why the Fed Must Continue Cutting Rates Now, According to This Veteran Trader

C-Suite: AMD CEO Lisa Su Talks New Chips, Confirms She's Staying: 'I Have A Lot to Do'

Ask the Expert: Cannabis One CEO Believes Now Is the Time to Invest in Cannabis

TheStreet Feature:Here's Something Investors May Be Missing About the Drone Revolution

Catch Up: Today's Top News Videos Below


Related Videos