Epstein Secrets

2003interest. dividends. miscellaneous income. gross proceeds or original issue discount is required to be reported to the IRS for this account, a Consolidated Form 1099 will be mailed to you by February 2.2004or a 1042Sby March 15.2004. 11.,.11...1,.1.11.i.,.1,1 FINANCIAL TRUST CO INC CIO JEFFREY EPSTEI

FINANCIAL TRUST CO INC CO JEFFREY EPSTEIN 6100 RED HOOK QUARTER SUITE 83 ST THOMAS VI 00802 Premise or Third Party Repurchase Agreements with Bear, Stearnsand Co.Inc.outstanding as of date of statement ',UMW'S& START DATE 11 TOTAL REPURCHASETRANSACTIONS As of Makatea dote Tno obore ambons no not apnea

Co. Inc. 383 Madison Avenue New York Nee York 10179 ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WERSITE wvnv.bearstearns.com Important Message Bear Steams is pleased to announce our conversion to a calendar month.end statement. Effective this month. your account statement reflects all activity and acc

3kiterest. dvidends. rriscellaneous Ircorne. gess proceeds or original issue d scant Is required to be reported to the IRS for this accckint. a Consolidated Torn 1099 win be melee to you by February 2. 2C04or a 1042S by March 15.2004. 1818 EFTA01320344 0.M•CD THROUGH n wHOLL OANEO SubSiCalre Bev

Statements CONFIDENTIAL SDNY,,00350156 EFIA_00222R4R EFTA01320343 CLEAME3 /10)00301t ITS WAWA. OAS) SASSIttAITY BEAR STEARNS OFFICE SERSCETG YOUR ACCOUNT Bet. Stearns & Co. Inc. 383 Madsen Avenue New York New Yak 10179 ACCOUNT EXECUTIVE DCHERMAN.IRA TELEPHONE InSIT

1/03 10.101/03 10/01103 10/31703 DIVIOENO REINVEST OPENINGBALANCE BEAR STEARNS PRIME MONEY MARKET PORWOUD Cl Y RECORD 09/30103 PAY 09f30003 BEM STEARNS PRIME MONEY MARKET PORWOLD Cl Y REINVEST PREE S 1.00 CLOSINGSALANCE 8.902 651.031 839.795.73 627.31 840.423.04 627.31 627.31 TOTAL S-627.

1ilterest. dividends. tylsoellaneous income. gross proceeds or original issue Oscount is requirod to be reported to the IRS for this account. a Consolidated ram 1099 wig be ruled to you by January 31.2002m 10425 by March 15.2002. V519 EFTA01321759 Wain 1MOUGH WICLY OPAND SUBSIIMPY Mw. Stan Sew,.

o was a ntss retail 2518 EFTA01321761 05-4/19) THROUGH ITS 0.10447, OVATE0 808307/fat 6t6tii:00- V.L.43 0 -n C in r _ LSZZS£00 IN9 ANGS BEAR STEARNS OTDCE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue Now Trek. New York 10179 (212) 272.2030 4 al Your Portfolio Holdings

Or.] Pen Roo *PRO* Men ROTOR,* ratbro 027 011101/701 001 „,,,„ EFTA01321812 Tn I8 IJ IJ 8 0 BEAR STUWNS OFFICE SERVICII% YOUR ACCOUNT Bert Stearn, & Co. Inc. 245 Pat Avenue New Yak, New York 10167 (212) 272-2000 0..fac; nacvos rT8 wt•Or.- am» SuStuOMAr BY sones cap. One I/aviedi Geier M

m and the Amended Statement of Claim filed therein; (d) the Action and/or the allegations contained in the Verified Complaint filed therein; (e) the Consolidated Action and/or the allegations contained in the pleadings filed by any party thereto and in any other actions consolidated therewith; (f) the Invest

Steams High Grade Structured Credit Strategies (Overseas), Ltd., Bear Stearns High Grade Structured Credit Strategies Enhanced Leverage Fund, L.P., Bear Steams High Grade Structured Credit Strategies Enhanced Leverage (Overseas), Ltd., Bear Steams High Grade Structured Credit Strategies Master Fund, Ltd. a

06interest. dividends. miscellaneous income, gross proceeds or original issue discount is required to be reported to the IRS lor Ibis account, a Consolidated Form 1099will be mailed to you by January 31.2007or a 10425 by March 15.2007. EFTA00195582 CAEARED THROUGH ITS WHOLLY OwNED SUBSICHAnv B STU

fund affiliate and not from the fund's assets and, therefore, have no impact on a funds expense ratio or yield. With respect to money market funds, Bear Steams negotiates revenue sharing payments separately with each fund family and not all fund families pay the same amount or pay according to the same for

2003interest. dividends. miscellaneous income, gross proceeds or original issue discount is required to be reported to the IRS for this account, a Consolidated Form 1099 will be mailed to you by February 2.2004or a 1042Sby March 15.2004. Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE DAT

the BSSC Base Lending Rate, the BSSC Fed Funds Rate or the London Interbank Offering Rate (*LIBOR"). The BSSC Base Lending Rate will be quoted by Bear Steams at our main office in New York. Factors affecting the determination of the BSSC Base Lending Rate will include the short-term market interest rates

s Period it only reviewed in detail the filings of the seven most prominent firms, including Bear Stearns, that elected to participate in the SEC's Consolidated Supervised Entity ("CSE") program. The CSE program allowed the SEC to supervise participating broker-dealer holding companies on a consolidated basi

' Leveraging Practices 19 3. Bear Stearns' Backing of the Hedge Funds 20 E. Bear Stearns' Misleading Models and Inadequate Risk Management 23 I. Bear Stearns' Misleading Valuation and Risk Models 23 a. The Importance of Valuation Models 24 EFTA00316715 Case 1:08-cv-02793-RWS Document 102 Filed 02/27

05interest. dividends. miscellaneous income, gross proceeds or original issue discount is required to be reported to the IRS for this account, a Consolidated Form 1099will be mailed to you by January 31.20D6or a 1042S by March 15,2006. V899 EFTA00196826 CLEARED THROUGH ITS WHOLLY ORNED SUBSIDIARY

05 THROUGH December 30.2005 ACCCUNT NUMBER TAXPAYER MAWR OR PIM LAST STATEMENT Noyernter 30. 2005 Equities & Options The research ratings for Bear Steams (BSC) are shown for certain securities covered by the Firms Equity Research Department. The first rating represents the stock's total return relativ