Epstein Secrets

tained herein is intended as a general market commentary. Opinions expressed herein are those of Michael Cembalest and may differ from those of other J.P. Morgan employees and affiliates. This information in no way constitutes J.P. Morgan research and should nor be treated as such. Further. the views expressed

ient and is serviced through distinct legal entities licensed for specific activities. Bank, trust and investment management services are provided by J.P. Morgan Chase Bank. N.A. and its affiliates. Securities are offered through J.P. Morgan Securities LLC(JPMS). Member NYSE. FINRA and SIPC and Chase Investment Services

s nor intended or written to be used. and cannot be used. in connection with the promotion. marketing or recommendation by anyone unaffiliated with !Morgan Chase & Co. of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties. Note that J.P. Morgan is not a licensed insurance

l Cembalest Chief Investment Officer Notes Vaclav Smil is a Distinguished Professor in the Faculty of Environment at the University of Manitoba in Winnipeg and a Fellow of the Royal Society of Canada. His interdisciplinary research has included the studies of energy systems (resources, conversions, and

r room at the back of the house). Epstein has been known to say. The office features a gilded desk (which Epstein tells people belonged to banker J. P Morgan). 18th-century black lacquered Portuguese cabinets, and a nine- foot ebony Steinway "D" grand. On the desk, a paperback copy of the Marquis de Sad

nior Fellow, Council on Foreign Relations, New York; former Executive Director Hudson Institute of Canada, Montreal Thomas G. Labrecque, President, The Chase Manhattan Bank Manfred Lahnstein, former Member of the Executive Board, Bertelsmann, GOtersloh Count Otto Lambsdorff, partner, Wessing Lawyer, DOsseldorf Kurt L

r room at the back of the house). Epstein has been known to say. The office features a gilded desk (which Epstein tells people belonged to banker J. P. Morgan). 18th-century black lacquered Portuguese cabinets. and a nine- foot ebony Steinway ''D" grand. On the desk. a paperback copy of the Marquis de Sa

n Director, The Trilateral Commission, Paris Gunter Rexrodt, Member of the German Bundestag Hartley Richardson, CEO, James Richardson & Sons, Ltd., Winnipeg Rozanne L. Ridgeway, Director, Citicorp. Charles S. Robb, Member of United States Senate; former Governor of Virginia Gianfelice Rocca, Chairman,

usic (6758.JP) Bloomberg<http://www.bloomberg.com/news/2011-05-20/apple-is-said-to-secure-music-accords- with-labels-for-itunes-cloud-service.html> JP Morgan's Dimon: "moral disaster" if US defaults on debts AP<http://hosted.ap.org/dynamic/stories/U/US_JP_MORGAN_CEO? SITE=SCFLO&SECTION=HOME&TEMPLATE=DEFAUL

eek high) Verifone purchase agreement with Ingenico terminated (merger agreement with HYC remains in full force) NHL's Atlanta Thrashers moving to Winnipeg (Bettman expected to announce today) (Globe and Mail<http://www.theglobeandmail.comisports/hockey/atlanta-thrashers-moving-to- winnipeg/article20291

arbon emissions than the diesel they replace, and high food prices. HOUSE_OVERSIGHT_024194 --- PAGE BREAK --- Eye on the Market | October 22, 2012 J.P Morgan The most important energy developments of 2012: how countries are planning for Independence Day I:_ What might US energy independence look like? Ri

. Morgan Asset Management Biography Vaclav Smil is a Distinguished Professor Emeritus in the Faculty of Environment at the University of Manitoba in Winnipeg and a Fellow of the Royal Society of Canada. His interdisciplinary research includes the studies of energy systems (resources, conversions, and impa

the marketing name for JPMorgan Chase & Co. and its subsidiaries and affiliates worldwide. This material may not be reproduced or circulated without J.P. Morgan’s authority. © 2012 JPMorgan Chase & Co. All rights reserved. 8 HOUSE_OVERSIGHT_024201

ient and is serviced through distinct legal entities licensed for specific activities. Bank, trust and investment management services are provided by JP Morgan Chase Bank, N.A, and its affiliates. Securities are offered through J.P. Morgan Securities LLC (JPMS), Member NYSE, FINRA and SIPC, and its affiliates globally as lo

tained herein is intended as a general market commentary. Opinions expressed herein are those of Michael Cembalest and may differ from those of other J.P. Morgan employees and affiliates. This information in no way constitutes J.P. Morgan research and should not be treated as such. Further, the views ex

m"; it is used less often to increase growth rates of biomass itself. HOUSE_OVERSIGHT_030814 --- PAGE BREAK --- Eye on the Market November 21, 2011 J.P.Morgan Topic: The quixotic search for energy solutions Today's US energy reality: electricity generation Before exploring why some of these ideas did not pa

ied to be conservative. I am sure you will let me know if I wasn't. 2 HOUSE_OVERSIGHT_030815 --- PAGE BREAK --- Eye on the Market November 21, 2011 J.P.Morgan Topic: The quixotic search for energy solutions Question #3: What if the world ends up relying on coal for the next 100 years, and seeks to prevent f

hael Cembalest Chief Investment Officer Notes Vaclav Smil is a Distinguished Professor in the Faculty of Environment at the University of Manitoba in Winnipeg and a Fellow of the Royal Society of Canada. His interdisciplinary research has included the studies of energy systems (resources, conversions, and i