From: Jeffrey Epstein <* evacatio mail.com>
To: Jes Staley <
Sent: 7/2412009 1:35:33 AM
Subject: point
1. no reason to wait for two years.. 2, take advantage of the economic climate to make immediate changes .
black an impediment. 3. It will take 18 months to two years to get it firing on all cylinders. 4. you are excited
about it, you have given it alot of thought.. 5 ONce Jamie decides which direction to take itin„ you will get it
done. If he wants to be as agressive as goldman , it needs to be surgical„ there are great people on the street. they
will not be availble for ever. good deals can be made. NOW 6. thisis the perfect time asset mangement , running
well„ get the investment bank cranking , you are the only real bank on the block .
SDNY_GM_00077210
Confidential Treatment Requested by JPMorgan Chase JPM-SDNY-00000337
EFTA_00187682
EFTA01300191