Epstein Secrets

ent and avoid conflicts of interest with respect to our research are available on our website under Disclaimer, found on the Legal tab. Page 222 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0086781 CONFIDENTIAL SDNY_GM_00232965 EFTA01385495

ve shorter-term trade ideas that may be inconsistent with Deutsche Bank's existing longer-term ratings. Trade ideas for equities can be found at the SOLAR link at http://am.db.com. A SOLAR idea represents a high-conviction belief by an analyst that a stock will outperform or underperform the market and

prevent and avoid conflicts of interest with respect to our research are available on our website under Disclaimer, found on the Legal tab. Page 4 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0087578 CONFIDENTIAL SDNY_GM_00233762 EFTA01386047

ve shorter-term trade ideas that may be inconsistent with Deutsche Bank's existing longer-term ratings. Trade ideas for equities can be found at the SOLAR link at httpJ/gm.db.com. A SOLAR idea represents a high-conviction belief by an analyst that a stock will outperform or underperform the market and/

to instruments that promise to pay fixed or variable interest rates. For an investor who is long fixed rate instruments (thus receiving these cash Deutsche Bank Securities Inc. Page 11 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0093180 CONFIDENTIAL SDNY_GM_00239364 EFTA01389031

term trade ideas that are consistent or inconsistent with Deutsche Bank's existing longer term ratings. Trade ideas for equities can be found at the SOLAR link at http;//grn.db.com. A SOLAR idea represents a high conviction belief by an analyst that a stock will outperform or underperform the market an

uments that promise to pay fixed or variable interest rates. For an investor who is long fixed rate instruments (thus receiving these cash Page 10 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0093194 CONFIDENTIAL SDNY_GM_00239378 EFTA01389035

term trade ideas that are consistent or inconsistent with Deutsche Bank's existing longer term ratings. Trade ideas for equities can be found at the SOLAR link at http;//grn.db.com. A SOLAR idea represents a high conviction belief by an analyst that a stock will outperform or underperform the market an

ing these cash flows), increases in interest rates naturally lift the discount factors applied to the expected cash flows and thus cause a Page 40 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0093239 CONFIDENTIAL SDNY GM_00239423 EFTA01389049

rade ideas that are consistent or inconsistent with Deutsche Bank's existing longer term ratings. These trade ideas for equities can be found at the SOLAR link at htto.//gm db com. A SOLAR idea represents a high conviction belief by an analyst that a stock will outperform or underperforrn the market an