Epstein Secrets

nds, activist investing and "bear" markets 11 EFTA00505796 Track Record: Bruce Galloway STEP Fund Personal Account Year =500 Russell 2000 Dow Jones Galloway 2009 13.44% 19.46% 7.50% 41.46% 2008 -38.49% -34.80% -33.84% -63.46% 2007 3.53% -2.75% 6.43% -34.81% 2006 13.62% 17.00%

sferred to LISTCO, which will be a publicly traded holding company • Standard 2%I20% management fees paid by LISTCO ("GH") and Hedge Fund to the Mgmt Co. • Additional 10% Incentive Fee of Net Appreciation which exceeds 2.5x return of • Mgmt Co. is owned by Galloway, Braun and Kim • Galloway Ho

nds, activist investing and "bear" markets 20 EFTA00505826 Track Record: Bruce Galloway STEP Fund Personal Account Year =500 Russell 2000 Dow Jones Galloway 2009 13.44% 19.46% 7.50% 41.46% 2008 -38.49% -34.80% -33.84% -63.46% 2007 3.53% -2.75% 6.43% -34.81% 2006 13.62% 17.00%

sferred to LISTCO, which will be a publicly traded holding company • Standard 2%I20% management fees paid by LISTCO ("GH") and Hedge Fund to the Mgmt Co. • Additional 10% Incentive Fee of Net Appreciation which exceeds 2.5x return of • Mgmt Co. is owned by Galloway and Kim • Galloway Holdings

tgage Bust Goes Global, N.Y. TIMES, April 6, 2008, at B I; Landon Thomas, Jr., What's 834 Billion on Wall Street?, N.Y. TIMES, Jan. 27, 2008, at B1; Dow Jones, Factbat — Write-downs and Losses at Major Global Banks, Apr. 17, 2008; Nelson D. Schwartz, For Swiss Banks, An Uncomfortable Spotlight, N.Y. TIMES,

that "COUQ did not transfer its legal claims" is belied by the clear language of the assignment agreement between COUQ and YLK. In W R. Huff Asset Mgmt Co., LW v. Deloitte & Touche LLP, the Second Circuit held that, under the standing doctrine, "the minimum requirement for an injury-in-fact is that the