Epstein Secrets

es Russell 10 Northumberland Pl. London, England W2 5BS Steven M. Ross 25 Columbus Circle, PH 80 New York, NY 10019 Alfred Lin 4186 Coco Lane Las Vegas, NV 89141 Mandip Gill 2868 Sawgrass Drive Santa Ana, CA 92706 Thomas Jepsen 29 Alleyn Road London, England SW218AD Anaconda Capital, LP do Mi

, Suite 1035 San Francisco, CA 94104 Fax: (415) 705-5301 John Paul Whyatt 12 Artesian Road London W2 5AP United Kingdom Robert G. Wilmers c/o M&T Bank 350 Park Avenue New York, NY 10022 J. Todd Morley Links Securities, LLC 135 E. 57th Street, 8th Floor New York, NY 10022 James Russell 10 Nor

es Russell 10 Northumberland Pl. London, England W2 5BS Steven M. Ross 25 Columbus Circle, PH 80 New York, NY 10019 Alfred Lin 4186 Coco Lane Las Vegas, NV 89141 Mandip Gill 2868 Sawgrass Drive Santa Ana, CA 92706 Thomas Jepsen 29 Alleyn Road London, England SW21 8AD Anaconda Capital, LP do M

t, Suite 1035 San Francisco, CA 94104 Fax: (415) 705-5301 John Paul Whyatt 12 Artesian Road London W2 5AP United Kingdom Robert G. Wilmers do M&T Bank 350 Park Avenue New York, NY 10022 J. Todd Morley Links Securities, LLC 135 E. 57th Street, 8ih Floor New York, NY 10022 James Russell 10 Nor

M has high operating leverage (50%+ flow through of revenues) and should benefit from any macroeconomic improvement as well as already healthy/strong Las Vegas fundamentals (visitation +3% YTD, RevPAR +6% which is one of best hotel markets in the US). MGM benefits from both consumer (80%) and business (20%)

ZION ZION US Erika Najarian UNDERPERFORM Bank of Hawaii Corp. BOH BOH US Ebrahim H. Poonawala Cullen/Frost Bankers Inc CFR CFRUS Ebrahim H. Poonawala M&T Bank MTB MTB US Erika Najarian Prosperity Bancshares Inc PB PBUS Ebrahim H. Poonawala TCF Financial Corp. TCB TCB US Ebrahim H. Poonawala Disclosures Imp