EFTA01776742

From: jeffrey epstein <[email protected]> Sent: Thursday, July 14, 2011 8:20 PM To: Barrett, Paul S Subject: Re: MS Note Ok Sorry for all the typos .Sent=from my iPhone On Jul 14, 2011, at 2:11 PM, "Barrett, Paul 5' wrote: Hi Jeffrey=/o:p> We should buy $1MM of a note linked t= Morgan Stanley. The note pays the greater of 12% or the upside of the stoc= capped at 30% so long that the stock does not trade down 25% from here. We=will trade this tomorrow. 1 yr maturity. Taxed at long term capital gains.<=:p> I can walk you through this trade=when you have time. I recommend $1MM. Paul =span style="font-size:10.5ptfont-family:Consolas;color:#1F497D">Paul Bar=ett, CFA Managing Directorg=pan> Global Investment Opportunities Group JPMorgan Private Bank EFTA_R1_00091577 EFTA01776742 This email is confidential and subject to important disclaimers and conditio=s including on offers for the purchase or sale of securities, accuracy and c=mpleteness of information, viruses, confidentiality, legal privilege, and l=gal entity disclaimers, available at http://www.jpmorgan.com/pages/disclosures/email <http://www.jpmorgan.com/pag=s/disdosures/email> . = 2 EFTA_R1_00091578 EFTA01776743