EFTA01577466

Subject: you have got to be kidding From: Jeffrey Epstein <[email protected]> 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 <[email protected]> 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. *********************************************************** 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 communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA01577467 EFTA01577468