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gher multiples compared to a subprime lenders with jewelry or trinkets as collateral. In jewelry, Tiffany and Blue Nile are struggling, but Kay. Jared. and Zales are somehow succeeding? I think that's due to their financing arm and aggressive extension of credit. I think there are some big time
egment. Arconic. has a 10% EBITDA margin lag relative to PCP. which features a similar product catalogue) 2) Misunderstanding of quality nature of Alcoa's core businesses 3 ) Aluminum market may remain oversupplied. but alumina should be supportive (China will likely replace its high cost smelters.
en Steven A. Cohen Zehavit Cohen Gary D. Cohn Jared Cohon Vittorio Colao Andrea Coleman Xavier M.
or and Political Commentator Vice-President, Intel Capital and Managing Director Senior Editor-at-Large President Group Chief Financial Officer. Alcoa Global Rolled Products Chairman of the Board and Managing Officer Chief Executive Officer Chief Executive Officer Executive Chairman Albert L.
offey Andrew L. Cohen Gary Cohen Gary D. Cohn Jared Cohon Jean-Pierre Cojan Wolfgang Colberg Neill
and Chief Executive Officer Director Ambassador Extraordinary and Plenipotentiary, Permanent Representative of Latvia Executive Vice-President, Alcoa, and Group President, Engineered Products and Solutions Professor Acting Chief Executive Officer Founder and Executive Director Chief Executive
Entities connected to both Jared Kushner and Alcoa

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Clayton
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Prince Andrew
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Julie K. Brown
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Denver
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