Epstein Secrets

rm «st ttt ttt ee 415 Public Debt, Net Worth vs. Peers = st ttt tt ttt 416 Lessons Learned From Historical Debt Crisis - -- +--+ +++ eet etree 422 General Motors -- tt tt 431 Summary «ct ee 437 Appendix -- ss ttt 453 Glossary «tt ee xix Index + # @ #e eee we eee ew Ew ww ew ew ew ew ee ee Xxvii CB www.kpcb

siness' for Out-Sourcing ----- +--+ rrr 349 Focus on Revenues «+++ ttt ee 355 Drive Sustainable Economic Growth -- +--+ tr rt ttt ee 356 Invest in Technology / Infrastructure / Education --- +s sss: 366 Increase /Improve Employment ---- +s sett t ttre 383 Improve Competitiveness -- +s ttt ttt ttt es 389 Consider Changing Tax Polici

ents Have Not Repaid $27 Billion Paid Back, $171 Billion Outstanding TARP Repayments General Motors Chrysler Chrysler Financial $- $20 $40 $60 General Motors PPIP* GMAC Chrysler TALF* GM Suppliers Chrysler Suppliers FHA* TARP Outstanding AIG $60 wn 1 $20 $40 Note: * PPIP is Public-Private Inve

pert Consider? 354 HOUSE_OVERSIGHT_021018 Focus on Revenues — Drive Sustainable Economic Growth + Change Tax Policies Focus on Revenues Invest in Technology / Infrastructure / Education Drive Sustainable Economic Increase / Improve Employment SL Improve Competitiveness Consider Review Tax Rates Changing MEE Reduce Subsidies / Tax E

of GDP) 1998 — Russia ($73B — 27% of GDP) State / Local Financial Woes 1975 — New York City ($14B* Debt Outstanding) Corporate Bankruptcy 2009 — General Motors ($95B Debt Outstanding) Note: 1) Attributed to Mark Twain. *NYC government and subsidiaries had $14B debt outstanding in 1975. Adjusting for inflat

Avwww.nber.org/chapters/c1 0627, Federal Reserve. www.kpcb.com USA Inc. | What Might a Turnaround Expert Consider? 365 Focus on Revenues Invest in Technology / Infrastructure / Education Drive Sustainable Economic Increase / Improve Employment Growth = Improve Competitiveness Consider Review Tax Rates Sule EE Reduce Subsidies / Tax