Epstein Secrets

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50 2550 2050 1550 1060 550 50 -450 -950 -1450 2000 1500 1000 500 J.P.Morgan Difference (bp) TXU 11.250% 2016 vs. HY CCC Spread (bp =Mogan Tight .1442bp Wide: 3105bp Average: 411bp Current aff.( 1): 2763bp Current (TXU 11 6): 3930bp Current (KY Current Price 2016): 31.00 1 11/

integration risks. Upside risks to our price objective are better than expected equity markets, performance, or flows, or an accretive acquisition. Morgan Stanley (MS) We value the brokers based on the relationship between ROE (return on equity} and PB (price to book), which has a high historical correlation. Ou

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