ain which is why he picked 1 y (2y options are not very liquid). Please see below, let us know your thoughts. Best Regards, Tazia — Forwarded by Tata Smith on 01/28/2014 11:58 AM -- From' Nav Gula To. Date. 0182882014 09:44 AM Subject: Depressed options volatility makes 'Renmimbi weaker' hedges ver

for 100k bbls 105/90.25 put the $20/bbl KO not given weight in Credit Risk Management's calculation model given the statistical unlikelihood. From Tata Smith/db/dbeom To: Jeffrey Epstein leevarationegmaileom Date: 03/14201412:57 PM Subject: Re: 11088 10590.25 [C] CONFIDENTIAL - PURSUANT TO FED. R. C