Epstein Secrets

tual car, you have to remember that the average selling price is nearly 5x an average car. You aren't paying the Ferrari labor force 5x what the GM labor force is being paid. We expect that there is leverage on labor. I think there has been limited disclosure on this because the options pack

niel worked on the buy-side at Guggenheim Parmers and on the - team at Houlihan Lokey. He graduated from USC cum bode with a degree in finance. Charles Schwab (NYSE: SCHW) — Long 9th Annual Pershing Square Challenge—Second Place Chris Andreola CAndreola [email protected] [email protected] Rec

unmitigated disaster. New York Central was in trouble anyway. it's not like their problems were caused by activism. You can maybe even say the GM one, because Ross Perot didn't really get what he wanted. He got a lot of money. but he didn't change the company. JG: You have to wonder what

rperBusiness. It is a riveting history of shareholder activism that has garnered advance praise from Arthur Levitt, Alan Greenspan, Fred Smith, Charles Schwab and Tyler Cowen. The book features an appendix with original, never-before- published letters written by Warren Buffett, Benjamin Graham, Ross

54,076,415 457,150,525 3,074,110 Cash Activity - Items over 50.000 STC ML - Sold 250,000 shares BK 51.84 12,955,276 STC ML - Sold 97,525 shares GM 35.592 3,471,110 STC ML - Sold 23,000 shares GE 25.4032 584,274 Dividends, Interest Income & Other Distributions - per brokerage stmts 304,386

..1,000.000_ L. 901,750 7,632,903 594.500 7,537,466 584.000 -317.750 7,354,451, -278,462 Southern Trutt CO. - Fixed Income (Morgan Stanley) Charles Schwab 6.0% Preferred 525 pat 7/27/15 40,000 1 000 000 1.086.400 1.106.000 106,000 Annaly Cap Management 7/25/17 40 000 994 000 4,000 1 000 000

4,076,415 443,100,525 -10,975,890 Cash Activity - Items over 50,000 STC ML - Sold 250,000 shares BK 51.84 12,955,276 STC ML - Sold 97,525 shares GM 35.592 3,471,110 STC ML - Sold 23,000 shares GE 25.4032 584,274 Dividends, Interest Income & Other Distributions - per brokerage stmts 304,386

50 Total Southern Trust Co. - Fixed Income (Merrill) 7,632,903 7,537,466 7,354,451 -278,452 Southern Trust Co. - Fixed Income (Morgan Stanley) Charles Schwab 6.0% Preferred $25 per 7/27/15 40,000 1,000,000 1,086,400 1,106,000 106,000 Annaly Cap Management 7/25/17 40,000 1.000.000 - 994,000 -8.

54,076,415 457,150,525 3,074,110 Cash Activity - Items over 50.000 STC ML - Sold 250,000 shares BK 51.84 12,955,276 STC ML - Sold 97,525 shares GM 35.592 3,471,110 STC ML - Sold 23,000 shares GE 25.4032 584,274 Dividends, Interest Income & Other Distributions - per brokerage stmts 304,386

..1,000.000_ L. 901,750 7,632,903 594.500 7,537,466 584.000 -317.750 7,354,451, -278,462 Southern Trutt CO. - Fixed Income (Morgan Stanley) Charles Schwab 6.0% Preferred 525 pat 7/27/15 40,000 1 000 000 1.086.400 1.106.000 106,000 Annaly Cap Management 7/25/17 40 000 994 000 4,000 1 000 000

4,076,415 443,100,525 -10,975,890 Cash Activity - Items over 50,000 STC ML - Sold 250,000 shares BK 51.84 12,955,276 STC ML - Sold 97,525 shares GM 35.592 3,471,110 STC ML - Sold 23,000 shares GE 25.4032 584,274 Dividends, Interest Income & Other Distributions - per brokerage stmts 304,386

50 Total Southern Trust Co. - Fixed Income (Merrill) 7,632,903 7,537,466 7,354,451 -278,452 Southern Trust Co. - Fixed Income (Morgan Stanley) Charles Schwab 6.0% Preferred $25 per 7/27/15 40,000 1,000,000 1,086,400 1,106,000 106,000 Annaly Cap Management 7/25/17 40,000 1.000.000 - 994,000 -8.

IU Phone Number (207) 755-4158 Phone Type Work Law Enforcement Information No Law Enforcement Information Available Narrative Report ID Number (GM): 2019-43693 Note due to the 17,000 character limited of the SAR narrative section, this narrative has been abbreviated. The SAR form, however, con

657,830, as follows: on 04/18/19 $2,000,000 from the Deutsche Bank account (35269691) of Jeffrey Epstein c/o HBRK Associates, and two wires from the Charles Schwab and Co account (41224708) of Southern Trust Company Inc - $8,000,000 on 07/15/19 and S4,657,830 on 07/30/19. Debits include wire transfers to vario