Epstein Secrets

o Merck & Co., Inc. (MRK. MRK US) Price Chart lee 90 — 72 PriceIS) es 36—' Is - 0 rice charts, are available for compendium reports and all Morgan- calling 1-800477-0406, ore-mailing with your request. Morgan's Strategy, Technical, and Quantitative Research teams may an. For important disclosu

: Banco E Morgan S.A. is regulated by the Comissao de Valores Mobiliarios (CVM) and by the Central Bank of Brazil. Mexico: E. Morgan Casa de Boise. S.A. de C.V.... Morgan (imp° Financicro is a member of the Mexican Stock Exchange and authorized to act as a broker dealer by the National Banking and Securitie

50 2550 2050 1550 1060 550 50 -450 -950 -1450 2000 1500 1000 500 J.P.Morgan Difference (bp) TXU 11.250% 2016 vs. HY CCC Spread (bp =Mogan Tight .1442bp Wide: 3105bp Average: 411bp Current aff.( 1): 2763bp Current (TXU 11 6): 3930bp Current (KY Current Price 2016): 31.00 1 11/

entral Bank of Brazil. Mexico: 58 EFTA00606216 Dave Katz. CFA North America Credit Research 16 February 2012 J.P.Morgan Morgan Casa dc Boise, S.A. de C.V.... Morgan Grupo Financiero is a member of the Mexican Stock Exchange and authorized to act as a broker dealer by the National Banking and Securitie

ny generates earnings. Disclosure Section The information and opinions in Morgan Stanley Research were prepared by Morgan Stanley & Co. LLC. and/or Morgan Stanley MIR S.A.. and/or Morgan Stanley Mexico. Casa de Boise. S.A. de C.V.. ' gan Stanley Canada Limited. As used in this disclosure sec ion, Morgan Stanle

in Morgan Stanley Research were prepared by Morgan Stanley & Co. LLC. and/or Morgan Stanley MIR S.A.. and/or Morgan Stanley Mexico. Casa de Boise. S.A. de C.V.. ' gan Stanley Canada Limited. As used in this disclosure sec ion, Morgan Stanley includes Morgan Stanley & Co. LLC, Morgan Stanley SA, Morgan S