Subject: you have got to be kidding
From: Jeffrey Epstein <jeevacation@gmail.com>
Date: Thu, 22 Dec 2011 21:06:26 +0000
To: Jes Staley
"Erdoes, Mary E"
when you return„ please lets talk about the fact that i get emails saying
that I am up 3 million dollars YTD. and being suspicious , it turns out in
actuality I am down 2.5 million.. this is from your trading desk.. no
urgency,
Forwarded message
From: Barrett, Paul S <a>
Date: Fri, Dec 16, 2011 at 12:18 PM
Subject: ING Pfds
To: Jeffrey Epstein <jeevacation@gmail.com>
Cc: "Giuffrida, David J" ca
Jeffrey
We still own $2.5MM of the ING Pfds that we decided to hold when the market
sold off in Sept. The company is tendering for the pfds at $80 (they traded
as low as 68). We paid 97.00 back in June. I am inclined to accept the
tender offer. European sovereigns will need to re-finance on average $4.5Bln
per day for the entire year in 2012 so reducing our Europe specific exposure
makes sense. Loss would be $373K.
Account has been stable this month — Now up $3MM ytd.
EFTA01577466
Paul.
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