Person of Interest - Michael Bagley - Jellyfish Partners - Update 1

It is still not clear if Michael Bagley of Jellyfish Partners a "private intelligence firm" is related to the Bagley's of Gibson Island and JFK era CIA spy Pete Bagley.

Nonetheless, Jellyfish is turning out to be an interesting company, possibly relevant to General Michael Flynn, or at least well connected.

As noted on Monday's post,

"On Wednesday, federal law enforcement raided the house and seized the electronics of executive Michael Bagley in connection with a money-laundering investigation. Federal prosecutors charged Bagley with money laundering after he allegedly helped confidential FBI sources posing as narco cartel representatives hide what he thought was more than $250,000 in illicit proceeds, according to court documents." The Daily Beast - July 12, 2019

This Mother Jones Article from December 2013 goes into more details about Bagley's business. As described, Bagley traded in "inside" policy and political information.

"Jellyfish collects information about what’s happening behind the scenes and rushes it to its corporate clients so they can make investments based on things like forthcoming regulations or tax code tweaks."

Bagley's original associates, According to Mother Jones, include;

"... Academi (formerly Xe, previously Blackwater) and Able Danger, a Pentagon program that was said to have identified Mohamed Atta before September 11."

The article also quotes Jack Abramoff and Heather Podesta, which both separately, opine that trading in the types of secrets Bagley trades in is "sleazy."

Whether or not Michael Bagley's public business is sleazy or illegal or not, money-laundering definitely is, which is what he was arrested for last week.