Epstein Secrets

x at the end of 2013, before falling to 4.3x at the end of 2014. We believe NRG Energy is set up to survive an extended period of low power prices. Paul Barrett, CFA Managing Director Global Investment Opportunities Group JPMorgan Private Bank ue, 14th Floor, New York, NY 10022 (W) (F) NMLS ICA' 853441

G bonds - reiterate OW Date: Fri, 17 Feb 2012 18:52:51 +0000 Attachments: Short_Circuit.pdf Jeffrey We should buy $1mm of this bond. Ytw 7.625%. Dave Katz reiterates OW in his initiation of a high yield utility monthly. We reiterate our Overweight on NRG credit and update our NRG financial model in adv

s (ytw 9.30%) which are trust preferreds and higher up on the capital structure than our Ally B Pfds. I like have a mix of both. Let me know Paul Paul Barrett, CFA Managing Director Global Investment Opportunities Group JPMorgan Private Bank From: Jeffrey epstein [mallto: Sent: Tuesday, February 21, 20

3 PM To: Jeffrey epstein' Cc: Giuffrida, David 3 Subject: To Do - NRG bonds - reiterate OW Jeffrey We should buy $lmm of this bond. Ytw 7.625%. Dave Katz reiterates OW in his initiation of a high yield utility monthly. We nit our Overweight on NRG credit and update our NRG financial model in advance

organ,com> wrote: Jeffrey We knocked out on our short BRL put option. We took in $125K 3 weeks ago. Can I buy 1MM of the NRG bonds? Thanks Paul Paul Barrett, CFA Managing Director Global Investment Opportunities Group JPMorgan Private Bank 320 Park Avenue, 14th Floor, New York, NY 10022 From: Barrett

PM To: 'Jeffrey epstein' Cc: Giuffrida, David J Subject: To Do - NRG bonds - reiterate OW Jeffrey We should buy $1mm of this bond. Ytw 7.625%. Dave Katz reiterates OW in his initiation of a high yield utility monthly. We reiterate our Overweight on NRG credit and update our NRG financial model in ad