Epstein Secrets

en quickly when confidence in the world financial markets falters. • The near failure of Fannie Mae and Freddie Mac, followed by the bankruptcy of Lehman Brothers and the intervention in MG, obliged most governments around the world to support bank deposits and money funds. Markets reacted with a devastating

Morgan tied to credit. This was a good thing. • But we compete with many diverse players in the financial world, from mutual fund companies like Fidelity, to private equity firms like KKR. So when we think about compensation we have to think about fairness for our people in the context of the market

eonfftlenee4n-the-werld-finatieitektinrkets-fiitters; • —The near failure of our Fannie Mae and Freddie Mac. followed by the strain, bankruptcy of Lehman Brothers and the required intervention in MG, obliged mest-magovernments around the world to support their own bank deposits and money funds. Markets reac

is was a good thing. • But we openly compete with many diverse and sophisticated players in the financial world, from mutual fund companies like Fidelity, to private equity firms like KKR. So when wc think about compensation we have to thin): about fairneco foretw-peeple-iii-theeentent-ectite-mathet-

ng way toward becoming an ungovernable banana republic. ' EFTA00667297 Last Friday was the fourth anniversary of the day when the investment bank Lehman Brothers filed for bankruptcy protection. The filing was and remains the largest bankruptcy filing in U.S. history, with Lehman holding over $600 billion in

ided with it by voting against an effort to tighten rules governing money market funds. (These are the finds, promoted by investment companies like Fidelity and Vanguard, that traditionally were considered as safe as cash, but with a higher return. Soon after Lehman collapsed, however, one of these funds

n-eenfitlenee-in4he-werld-finaneial-ntathets-falteFs: • The near failure of our Fannie Mae and Freddie Mac, followed by theikosi gdn bankruptcy of Lehman Brothers and the required intervention in AIG, obliged Fuest-rraig r overnments around the world to support their own bank deposits and money funds. Marke

is was a good thing. • But we onenly compete with many diverse and sophisticated players in the financial world, from mutual fund companies like Fidelity, to private equity firms like KKR._So when we think about compensation we have to think about fairness fer-eur-peeple-in-the-eentest-ef-the-niarket