EFTA02034098.pdf

N. N NN. Paul Barrett, CFA Managing Director Global Investment Opportunities Group 1PMorgan Private Bank 40W 57th Street, 33rd Floor, New York, NY 10019 (W) (F) EFTA_R1_00545663 EFTA02034098 From: Jeffrey Epstein [mailto:[email protected]] Sent: Monday, January 24, 2011 1:38 PM To: Barrett, Paul S Subject: Re: HI no to amr yes to digital fund send a chart on the turkey lire On Mon, Jan 24, 2011 at 7:35 PM, Barrett, Paul S wrote: Hi Jeffrey A couple of things: 1. AMR Convert back down to 113.00. We have SIMM. I think we should buy another SIMM. 2. We are launching a Digital Growth Fund — I think you should sign a NDA and see which names the fund has committed to. 3. We are going to offer separately managed accounts focusing on a) Internet Mobility b) Converts. These will be daily liquidity with a 35bp management fee and 15% performance fee. Let me know if this is of interest. 4. The Turkish Lira is down 11% since November. There was some technical selling by local banks which we think is overdone. I think we should buy a 6 month 1.5250 TRY call for 6 months and finance it with a 3 month 1.5600 TRY put with a 1.7000 Knock-In. This will pay us a small net credit. Let me know Paul Paul Barrett, CFA Managing Director Global Investment Opportunities Group EFTA_R1_00545664 EFTA02034099 JPMorgan Private Bank 40W 57th Street, 33rd Floor, New York, NY 10019 (W) (F) This email is confidential and subject to important disclaimers 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://wwwjnmorzan.corn/pagcs/disclosurestemail. 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 EFTA_R1_00545665 EFTA02034100