From: Barry Josephson Sent: Tuesday, January 29, 2013 7:56 PM To: Jeff Epstein Subject: Leon Black Ho-Ho' and Twinkies haven't been properly marketed in 20 years. Should he j=mp in, there's a way to up the Hostess brand out of the box. Best, Barryl Message & typos

hange that I turned to commence the implementation of my strate=ic plan. My inquisitive nature was rewarded. There were 50 lots of 1-5 box=s each of Twinkies for sale from every corner of the US. And so I commence= the bidding. > Ebay is, in theory, a perfect market. If you have not used it, you must t=y

From: Barry Josephson Sent: Tuesday, January 29, 2013 7:56 PM To: Jeff Epstein Subject: Leon Black Ho-Ho' and Twinkies haven't been properly marketed in 20 years. Should he j=mp in, there's a way to up the Hostess brand out of the box. Best, Barryl Message & typos

etting depressed about the fact he would not be reappointed [as supervisor, after having quit], he just sat there in front of the TV set, bingeing on Twinkies.” In my notebook, | scribbled “Twinkie defense,” and wrote about it in my next report. In the wake of the Twinkie defense, a representative of the C