From: Laurie Cameron
To: Jeffrey Epstein <jeevacation@gmail.com>
Subject: Re: a deal, finally, hope the damage can be reversed...
Date: Thu, 17 Oct 2013 12:34:59 +0000
Ok shld I call you this am or aft?
On Thursday, October 17, 2013, Jeffrey Epstein wrote:
lets talk today
On Thu, Oct 17, 2013 at 12:45 AM, Laurie Cameron wrote:
The damaged credibility that the US Govt has suffered is keeping the dollar under
pressure. I imagine that you saw the article in the N Y times and others about how the
dollar's role as a reserve currency is un deserved. It has been pushed down most
against the higher yielding Australian dollar and New Zealand dollar, both of which
benefit from the global economic focus which will now move back toward China. The
USD has just not bounced back as the treasuries have after the agreement on the raising
of the debt ceiling and the end of government shut down.
I am working to close the remaining positions with as little damage as possible. If it
were an easier market, I would have closed everything down and been out of JPM
already. Currently the GBP and JPY positions will benefit from a falling USD. The
AUD and NZD exposure are mostly covered by forward contracts. The Canadian dollar
position is the only position which is a long USD position which is unhedged.
Please let me know what you think about having me trade for you at DB. We discussed
modifying the IMA to include DB before the govt shutdown and the losses were
realized. Not sure if you prefer to close the relationship when JPM positions are wound
down or have me refocus at a new bank. I would like to continue very much. If I
continued, I would likely vary the durations of my options more than I did and keep
more strangles on with outside barriers.
Please let me know what you think about the next chapter. I have attached the
position. Overall p/1 still down $49ok.
***********************************************************
The information contained in this communication is
confidential, may be attorney-client privileged, may
constitute inside information, and is intended only for
the use of the addressee. It is the property of
Jeffrey Epstein
Unauthorized use, disclosure or copying of this
communication or any part thereof is strictly prohibited
and may be unlawful. If you have received this
EFTA00872312
communication in error, please notify us immediately by
return e-mail or by e-mail to jeevacation@gmail.com, and
destroy this communication and all copies thereof,
including all attachments. copyright -all rights reserved
EFTA00872313