Epstein Secrets

1/ % of Total Possible 2/ C8 Portfolio CB Reserves 3/ Top-8 All EUR Total 11,321 100% 1,550 3,000 GER 1,508 13.3% 35.0% 543 1,050 PIIGS Total 3,909 34.5% 30.0% 465 900 POR 182 1.6% 1.4% 22 42 IRE 135 1.2% 1.0% 16 31 ITA 2,567 22.7% 19.7% 305 591 GRE 428 3.8% 3.3%

ncy Zones Under Pressure, March 11, 2010 Is Greece Illiquid or Insolvent? March 3, 2010 An Expanding Universe of EUR Sellers, February 24, 2010. A Basket-Band-Crawl (BBC) Regime for the Chinese RMB, February 18, 2010 Bills for the 'Free' Greek Lunch, February 11, 2010 Berlin vs. Athens: Why Berlin Blinked First

1/ % of Total Possible 2/ C8 Portfolio CB Reserves 3/ Top-8 All EUR Total 11,321 100% 1,550 3,000 GER 1,508 13.3% 35.0% 543 1,050 PIIGS Total 3,909 34.5% 30.0% 465 900 POR 182 1.6% 1.4% 22 42 IRE 135 1.2% 1.0% 16 31 ITA 2,567 22.7% 19.7% 305 591 GRE 428 3.8% 3.3%

ncy Zones Under Pressure, March 11, 2010 Is Greece Illiquid or Insolvent? March 3, 2010 An Expanding Universe of EUR Sellers, February 24, 2010. A Basket-Band-Crawl (BBC) Regime for the Chinese RMB, February 18, 2010 Bills for the 'Free' Greek Lunch, February 11, 2010 Berlin vs. Athens: Why Berlin Blinked First

t 1/ % of Total Possible 2/ CB Portfolio CB Reserves 3/ Top-8 All EUR Total 11,321 100% 1,550 3,000 GER 1,508 13.3% 35.0% 543 1,050 PIIGS Total 3,909 34.5% 30.0% 465 900 POR 182 1.6% 1.4% 22 42 IRE 135 1.2% 1.0% 16 31 ITA 2,567 22.7% 19.7% 305 591 GRE 428 3.8% 3.3%

cy Zones Under Pressure. March I I, 2010 Is Greece Illiquid or Insolvent? March 3. 2010 An Expanding Universe of EUR Sellers. February 24, 2010. A Basket-Band-Crawl (BBC) Regime for the Chinese RMB, February 18, 2010 Bills for the 'Free' Greek Lunch. February 11, 2010 Berlin vs. Athens: Why Berlin Blinked First