Epstein Secrets

in Southern Financial. We also own the position in Haze. Also up around 220K on that tranche. We should unwind them together. Let me know. Paul Paul Barrett I Managing Director I Global Investment Opportunities Group 13.P. Morgan Private Bank I 320 Park Avenue, 14th Floor, New York, NY 10022 ID# 853441

PM To: Barrett, Paul S Subject: Re: Mentor CLN ok On Tue, Sep 17, 2013 at 3:16 PM, Barrett, Paul S < > wrote: Hi Jeffrey I NMLS Our view that Meritor credit spreads would tighten has worked out well. We bought a 3yr note yielding 6.2%. Now the yield is 2.30%. We should sell it. Don't think it make

aul S" To: Jeffrey Epstein <[email protected]> Subject: RE: Swap idea Date: Mon, 02 Apr 2012 15:41:34 +0000 Can I do the switch into Meritor? Paul Barrett, CFA Managing Director Global Investment Opportunities Group JPMorgan Private Bank 320 Park Avenue, 14th Floor, New York, NY 10022 (W) (F) NML

Barrett, Paul S" To: Jeffrey Epstein <[email protected]> Subject: RE: Swap idea Date: Mon, 02 Apr 2012 15:41:34 +0000 Can I do the switch into Meritor? Paul Barrett, CFA Managing Director Global Investment Opportunities Group JPMorgan Private Bank 320 Park Avenue, 14th Floor, New York, NY 10022

[email protected]> Subject: RE: Swap idea Date: Mon, 02 Apr 2012 15:38:59 +0000 All in +$180,000 (136K from interest and 46K from capital appreciation) Paul Barrett, CFA Managing Director Global Investment Opportunities Group JPMorgan Private Bank 320 Park Avenue, 14th Floor, New York, NY 10022 (W) (F) NML

rrett, Paul S < Hi Jeffrey wrote: I think we should sell our $1.2MM of the Ford 7% 2015 (ytm 3.82%) and move into a 3yr Meritor Note yielding 6%. Meritor is a global auto parts supplier focused on commercial parts. We are OW the credit. I would recommend $1.SMM of this. Let me know. Paul Paul Barre