Epstein Secrets

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ings This statement may contain credit rating information obtained from Standard & Poors. Reproducing and distributing any information received from Standard & Poor's is not permitted without prior written authorization from Standard & Poor's. Standard & Poor's does not guarantee the accuracy, completeness, timeli

ten mature economies rose from 200% of GDP in 1995 to 300% in 2008 (see chart 1 for a breakdown by country). There were even more startling rises in Iceland and Ireland, where debt-to-GDP ratios reached 1,200% and 700% respectively. The burdens proved too much for those two countries, plunging them into

the past. They may have borrowed from the future, using debt to enjoy a standard of living that is unsustainable. Greece provides a stark example. Standard & Poor's, a rating agency, estimates that its GDP will not regain its 2008 level until 2017. Rising government debt is a Ponzi scheme that requires an ever-g

io Grilli Minister of Economy and Finance of Italy Kirk D. Grimes Group Executive. Operations Fluor Corporation USA Olafur Ragnar President of Iceland Grimsson Dmitry Grishin Chairman, Chief Executive Officer and LLC Mail.Ru Russian Federation Co-Founder Matthew Grob Executive Vice-President

udies Transparency International Germany Proexport Colombia Colombia Bloomberg Television Accenture Lafarge Lahoud Engineering Centrica Plc Standard & Poor's Eicher Motors Limited IDFC Ltd United Kingdom People's Republic of China France Lebanon United Kingdom United Kingdom India India Oak Inve

Page 12 of 22 EFTA01554847 FINANCIAL TRUST COMPANY INC Account Number: Q 30171-00-5 November 01, 2006 - November 30, 2006 Account Transactions Iceland Krona Activity Summary Amount this Period Credits Debits Amount to Date Foreign Exchange Foreign Exchange 367,300,000.00 - 367,300,000.00

er Review Providers: ARGUSRES = Argus Research Corporation; BOE SECR = BOE Securities; MRNGSTAR = Morningstar; REN CAP = Renaissance Capital; S&P = Standard & Poor's Page 8 of 22 EFTA01554843 FINANCIAL TRUST COMPANY INC Account Number: Q 30171-00-5 November 01, 2006 - November 30, 2006 Other Swaps in Alpha

Page 12 of 22 EFTA01554872 FINANCIAL TRUST COMPANY INC Account Number: Q 30171-00-5 December 01, 2006 - December 31, 2006 Account Transactions Iceland Krona Activity Summary Amount this Period Credits Debits Amount to Date Foreign Exchange Foreign Exchange 367,300,000.00 - 367,300,000.00

: 2 stars Providers: ARGUSRES = Argus Research Corporation; BOE SECR = BOE Securities; MRNGSTAR = Morningstar; REN CAP = Renaissance Capital; S&P = Standard & Poor's Page 8 of 22 EFTA01554868 FINANCIAL TRUST COMPANY INC Account Number: Q 30171-00-5 December 01, 2006 - December 31, 2006 Other Swaps in Alpha

Page 12 of 22 EFTA01554897 FINANCIAL TRUST COMPANY INC Account Number: Q 30171-00-5 December 01, 2006 - December 31, 2006 Account Transactions Iceland Krona Activity Summary Amount this Period Credits Debits Amount to Date Foreign Exchange Foreign Exchange 367,300,000.00 - 367,300,000.00

: 2 stars Providers: ARGUSRES = Argus Research Corporation; BOE SECR = BOE Securities; MRNGSTAR = Morningstar; REN CAP = Renaissance Capital; S&P = Standard & Poor's Page 8 of 22 EFTA01554893 FINANCIAL TRUST COMPANY INC Account Number: Q 30171-00-5 December 01, 2006 - December 31, 2006 Other Note: indicate

ified in writing of such determination). "Moody's Group III Country": Any of the following countries: Austria, Belgium, Denmark, Finland, France, Iceland, Liechtenstein, Luxembourg, Norway, Spain and any country subsequently determined by Moody's to be a Moody's Group III Country (provided that the T

r such investment and throughout the term of the investment, have a credit rating of not less than "Aaa" by 19 EFTA00596151 Moody's and "AAA" by Standard & Poor's and in each case are not on watch for downgrade, or "P-1" by Moody's and "A-1+" by Standard & Poor's in the case of commercial paper and short-term