From: Barrett, Paul S
Sent: Monday, October 24, 2011 3:30 PM
To: Jeffrey Epstein
Cc: Giuffrida, David
Subject: To Do
Hi Jeffrey=o:p>
We should switch $1.5MM out of our Ford Motor Credit 2015's=(ytm 4.37%) into HCA (Hospital Corp of America) 6.550%
2016 ytm 5.90=.
We never hedged any of the corn in September. It is now up 10= since then. How do you feel about unwinding half the
position up here? =e have enough risk on in the portfolio and I would like to fade this recen= rally.
YTD +$4.4MM
&n=sp;
Let me know
Paul
Paul Barrett, CFA=/p>
Managing Director
=lobal Investment Opportunities Group
=PMorgan Private Bank
<=pan style=lont-size:10.5pt;font-family:Consolas:color:#1F497D1>212-62=-2770 (W) 212-310-0108 (F)
paul.s.barrett@jpmorgan.com <mailto:paul.s.barrett@jpmorgan.com>
</=iv>
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