EFTA01775260

From: Desmond shum Sent: Saturday, September 17, 2011 1:56 AM To: Jeffrey Epstein Subject: Re: Carry trade I think it is a relatively safe bet rmb will rise 5/7% per annum vs. U=D. I am thinking well leased office building and shopping mall. Desmond Shum 2011.9-17. 9:44. "Jeffrey Epstein" <[email protected]> a?BA currency risk? businesses are too complicated , leveraged securi=ties seem tomake more sense mn hm With US interest rate at such low level and Ina sustained way. How to do a =arry trade - borrow in US and invest in China? Buy a leveragable business?=br> China is in for a period of credit squeeze. There are stable yield asset fo= purchase. I thought this is an interesting opportunity. Your thought? Desmond Shum 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 EFTA_R1_00089102 EFTA01775260 communication in error, please notify us immediately by return e-mail or by e-mail to <mailto:[email protected]> [email protected] <mailto:[email protected]> , and=br> destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved 2 EFTA_R1_00089103 EFTA01775261