Epstein Secrets

009) (quoting Hydro Investors, Inc. v. Trafalgar Power, Inc., 227 F.3d 8, 20 (2d Cir. 2000)). As set for

row more against its assets. These assertions are inaccurate. The High Grade Fund traded with multiple counterparties, and Bear -11- EFTA00314500 Steams was just one of its many counterparties. Because it had plenty of other counterparties with which to trade, the decision to halt principal trades te

1..11..1..11..1. INTERNATIOAL CHARITABLE ACCONT POWER TAWATER WHIRR use sartstva • On Fie *venter

11201.3859 INTERNATIONAL CHARITABLE Your Portfolio Holdings Independent. third-party research on certain companies Covered by the Firm's research Steams at no cost. Customers can access this research at www.bearsteams.com a can that a copy of this research be sent to them. CASH S CASH ECIUNALENTS i

RP-CL A RL MRGN 3.804 26.4800 100.730 ORION POWER HOLDINGS INC ORN MRGN 7.000 32.2000 225.400

ITS MAXEY CAMLE0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Path Avenue New York, New York 10167 SNP. Steams SO0rItAl COD Ore Llertoiech Cornet North Eleccohn, New Tpx i201OSS9 INSTITUTIONAL INTERESTS STATEMENT PERIOD THRoUGN ACCOUNT NUMBER February 2

ss from a 100-acre private island in St. Thomas. Power on Wall Street has generally accrued to those who

opted to prop up that entity wan St 6 billion :n loans (see BlisinessWeeli con, 6122/07. 'Bear Sfita.the. Rescue—c.r.stQtti The four-year-ole, Sc';; Steams tiqh.oradd structured Credit strateoier. Leverage fund was down about 10% as o4 the end of April Bear Stearns ha:, suspended investor redemptions in