Epstein Secrets

d consider buying protection on Turkey. Their 5yr CDS is at 168bps (was 135bps in early December). We are also looking at Indonesia at 173bps. Pad Paul Barrett, CFA Managing Director Global Investment Opportunities Group From: Jeffrey Epstein [mailto:[email protected]] Sent: Sunday, January 30, 2011

:Staley, Jes" 1/31/2011 5:48:40 PM RE: Israeli Shekel: % return since 15Jan11 = -5% return last 12 months = +0.50% Indicative Pricing: 3 month ATM ILS put = 1.90% 6 month ATM ILS put = 2.65% 12 month ATM ILS put = 3.85% Alternatively if you wanted disaster insurance I would recommend buying 10% o

consider buying protection on Turkey. Their Syr CDS is at 168bps (was 135bps in early December). We are also looking at Indonesia at 173bps. Paul Paul Barrett, CFA Managing Director Global Investment Opportunities Group JPMorgan Private Bank 40W 57th Street, 33rd Floor, New York, NY 10019 From: Jeffrey

8:40 PM Subject: RE: Jeffrey Ideas: Israeli Shekel: % return since 15Jan11 = -5% % return last 12 months = +0.50% Indicative Pricing: 3 month ATM ILS put = 1.90% 6 month ATM ILS put = 2.65% 12 month ATM ILS put = 3.85% Alternatively if you wanted disaster insurance I would recommend buying 10% o

consider buying protection on Turkey. Their 5yr CDS is at 168bps (was 135bps in early December). We are also looking at Indonesia at 173bps. Paul Paul Barrett, CFA Managing Director Global Investment Opportunities Group JPMorgan Private Bank 40W 57th Street, 33rd Floor, New York, NY 10019 (W) (F) EFT

n 2011 17:48:40 +0000 Jeffrey Ideas: Israeli Shekel: % return since 15Jan11 = -5% % return last 12 months = +0.50% Indicative Pricing: 3 month ATM ILS put = 1.90% 6 month ATM ILS put = 2.65% 12 month ATM ILS put = 3.85% Alternatively if you wanted disaster insurance I would recommend buying 10% o