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ts. It is not an offer or a solicitation of an offer to buy or sell any financial instruments or to participate in any particular trading strategy. Target prices are inherently imprecise and a product of the analyst ' s judgment. The financial instruments discussed in this report may not be suitable fo
the purchase of financial products and/or services, customers should carefully read the relevant disclosures, prospectuses and other documentation. "Moody's", "Standard & Poor's", and "Fitch" mentioned in this report are not registered credit rating agencies in Japan unless Japan or "Nippon" is specifica
://dealbook.nytimes.com/2011/05/23/philanthropy-is-given-focus-by-brain-cancer/? ref=todayspaper> (Sorkin Dealbook) Union effort turns its focus to Target NYT<http://www.nytimes.com/2011/05/24/business/economy/24target.html?_r=2&ref=business> EFTA00433421 Banking on national economic suicide Washing
argo Consumer (Las Vegas) & Citi Consumer (NY) conferences begin*** ***AZO & MDT earnings pre-open / AMAT, FMCN, PSS, TIVO, TTWO l's after close*** Moody's places 14 of the 18 British banks and building societies on review for potential downgrade China rating agency Dagong cuts U.K. rating to A+ from A
.17% (spot ref: 3.68) from the EMEA Daily Compass on March 11 th . Little to prevent further grind lower to 2011 lows around 3.40, stop @ 3.73. Target a continued gradual grind higher in PLN/CZK. Target 6.400, stop @ 6.10. Buy a 3m USD/ZAR call with a 9.20 strike and KO at 9.65 for 32bps. Spot re
he purchase of financial products and/or services, customers should carefully read the relevant disclosures, prospectuses and other documentation. "Moody's", "Standard & Poor's", and "Fitch" mentioned in this report are not registered credit rating agencies in Japan unless "Japan" or "Nippon" is speci
nly. It is not an offer or a solicitation of an offer to buy or sell any financial instruments or to participate in any particular trading strategy Target prices are inherently imprecise and a product of the analyst judgement. Foreign exchange transactions carry risk and may not be appropriate for al
e purchase of financial products and/or services, customers should carefully read the relevant disclosures, prospectuses and other documentation. "Moody's", "Standard & Poor's", and "Fitch" mentioned in this report are not registered credit rating EFTA01464564 agencies in Japan unless "Japan" or "Ni
O equity can be an attractive alternative for today's market environment — Equity like returns generated by exposure to senior secured bank loans — Target returns of [10-15]%(1) delivered primarily through quarterly distributions — A CLO, by simply following a loss avoidance strategy, will allow term,
our entire investment. Based on a Subset of DB arranged CLOs. (2) US CLOs Benefit from improved Corporate Credit and Strengthened Deal Structures, Moody's, Sep 12, 2011. (3) Moody's and LSTA — Risk Retention and its Impact on CLOs via SEC. June 13, 2011. http://www.sec.gov/comments/s7-14-11/s71411-65.
Entities connected to both Target and Moody's

Jeffrey Epstein
PERSON
Deutsche Bank
ORGANIZATIONStandard & Poor's
ORGANIZATION
Bloomberg L.P.
ORGANIZATION
Ghislaine Maxwell
PERSON
New Zealand
LOCATION
United Kingdom
LOCATION
United States
LOCATIONNippon
ORGANIZATION
Prince Charles
PERSON
Malaysia
LOCATION
George W. Bush
PERSON
Marc Rich
PERSONDeutsche Bank Securities Inc.
ORGANIZATION
Prince Andrew
PERSON
Frankfurt
LOCATION
Martha Stewart
PERSON
Norway
LOCATIONthe Kanto Local Finance Bureau
ORGANIZATION
Denmark
LOCATION