EFTA01790710

From: Barrett, Paul S Sent: Tuesday, May 10, 2011 3:00 PM To: Jeffrey Epstein Subject: A few things Jeffrey The Barclays Pfd that we recommended for Haze has rallied again. I wo=ld pass on that for now. Instead we should allocate to the XOM note I se=t you yesterday. Our short JPY position comes off tomorrow. I =hink we move to the sidelines on this trade. We do think the JPY will we=ken but the timing has likely been pushed out 12-24 months.</=pan> <=pan style=lont-size:11.0pt;font-family:"Calibri","sans-serif">Please=confirm on both Thanks &nb=p; Paul =div> Paul Barre=t, CFA Managing Directorq=pan> Global Investment Opportunities Groupg=pan> JPMorgan Private Bank 40W 57th Stree New York, NY 10019<=p> EFTA_R1_00119810 EFTA01790710 This email is confidential and subject to important disclaimer= and conditions including on offers for the purchase or sale of securities= accuracy and completeness of information, viruses, confidentiality, legal=privilege, and legal entity disclaimers, available at http://www.jpmorga=.com/pages/disclosures/email. 2 EFTA_M_00119811 EFTA01790711