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From: Vahe Stepanian To: Jeffrey Epstein <jeevacation(i/Jgmail.coin> CC: Daniel Sabba < , Ariane Dw er Morris Stewart Oldfield Subject: Fixed Income Follow-Up [C] Date: Wed, 18 Nov 2015 20:52:19 +0000 Attachments: Petrobrass _Buy
g to direct support from the government. DB has revised its forecasts and has upgraded the 3.25% and 3.5% '17s to a Buy rating (please find attached DB Research report). The bonds are currently yielding 7.06% and 7.10% respectively • Petrobras is one of the largest integrated oil companies worldwide and ai
From: Sent: To: CC: Subject: Attachments: Vahe Stepanian 11/18/2015 3:52:19 PM Jeffrey Epstein 'eevacation mail comj Daniel Sabba ' Ariane Dw er ; Paul Morris Stewart Oldfield I I: Fixed Income Follow•Up IC) Petrobras - Buy the 17s DB Research.pdf Classification: Confiden
g to direct support from the government. DB has revised its forecasts and has upgraded the 3.25% and 3.5% '17s to a Buy rating (please find attached DB Research report). The bonds are currently yielding 7.06% and 7.10% respectively • Petrobras is one of the largest integrated oil companies worldwide and ai
Subject: RE: bullish expression of single stocks [C] From: Daniel Sabba cffi. Date: Wed, 10 Jun 2015 11:44:43 -0400 To: Ariane Dwyer < > 'effre E <'[email protected]> Cc: Paul Morris Stewart Oldfield Vahe Stepan
Classification: Confidential Jeffrey, per our conversation, you would still like to purchase 5000 shares of dish networks at market, regardless of DB Research not covering it. Thank you, Daniel From: Daniel Sabba Sent: Wednesday, June 10, 2015 11:28 AM To: Ariane Dwyer; jeffrey E. Cc: ; Paul Morris; S
From: Paul Morris Sent: 11/18/2015 9:16:55 AM To: Vahe StepanianI CC: Stewart Oldfield l; Daniel Sabba ; Ariane Dwyer Subject: RE: Ill Classification: For internal use only Thanks give us a call when you free up Paul Morris Managing Director De
g to direct support from the government. DB has revised its forecasts and has upgraded the 3.25% and 3.5% '17s to a Buy rating (please find attached DB Research report). The bonds are currently yielding 7.06% and 7.10% respectively • Petrobras is one of the largest integrated oil companies worldwide and ai
From: Sent: To: CC: Vahe Stepanian 11/17/2015 5:43:01 PM Paul Morris Stewart Oldfield Daniel Sabba J; Ariane Dwyer Subject: RE: Attachments: 0ZLM Manager Pitchbook_September 2015.pdf; Global Research Fl Top Ideas November 2015.pdf; Petrobras -
g to direct support from the government. DB has revised its forecasts and has upgraded the 3.25% and 3.5% '17s to a Buy rating (please find attached DB Research report). The bonds are currently yielding 7.06% and 7.10% respectively • Petrobras is one of the largest integrated oil companies worldwide and ai
Subject: RE: [I] From: Vahe Stepanian Date: Wed, 18 Nov 2015 09:51:44 -0500 To: Paul Morris Cc: Stewart Oldfield Daniel Sabba Ariane Dwyer Classification: For internal use only Paul — just returned your call. Give me a call at your convenience @ From: Paul Morris Sent:
to direct support from the government. DB has revised its forecasts and has upgraded the 3.25% and 3.5% '17s to a Buy rating (please find attached DB Research report). The bonds are currently yielding 7.06% and 7.10% respectively Petrobras is one of the largest integrated oil companies worldwide EFTA0139
Entities connected to both Daniel Sabba and DB Research

Jeffrey Epstein
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Paul Morris
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Richard Kahn
PERSONVahe Stepanian
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Ariane de Rothschild
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Martha Stewart
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Ariane Dwyer
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Stewart Oldfield
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Donald Trump
PERSONPetrobras
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CBS
ORGANIZATIONAriane Dw
PERSONMdy/S&P/Fitch
ORGANIZATIONOch Ziff
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ORGANIZATIONJeffrey - Paul
PERSONOch-Ziff's
ORGANIZATIONDonald Young
PERSONPetrobras - Buy
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