EFTA01791775.pdf

From: Barrett, Paul S < Sent: Monday, May 9, 2011 8:30 PM To: Jeffrey Epstein Cc: Giuffrida, David Subject: XOM Structure Jeffreyc/=:p> =he recent pullback in XOM and the spike in vol leads to some interesting p=icing on an XOM Buffered Enhanced Note note: 12 mo CB=N on XOM=/o:p> $3mm notional Coup=n: =nbsp; 6.75% Cap: &nbs=; &=bsp; 20% Issuer: &nbs=; &=bsp; Soc Gen =nbsp; So you get the greater of 6=2E75% or the upside capped at 20% so long as we do not trade down 20%.</=pan> We should do=51MM in FT and $S00K in Haze. =span style='font-size:10.5pt;font-family:COnsolas;color:f11F497D'>=nbsp; Let me know Pauk=span> =span style='font-size:10.5pt;font-family:COnsolas;color:f11F497D'>=nbsp; Paul Barrett, CFA EFTA_R1_00122136 EFTA01791775 Managing Dir=ctor Global Investment Opportunities =roup WMorgan Private Bank=/span> &n=sp; This email is confidential and subject to im=ortant disclaimers and conditions including on offers for the purchase or =ale of securities, accuracy and completeness of information, viruses, conf=dentiality, legal privilege, and legal entity disclaimers, available at ht=p://www.jpmorgan.com/pages/disclosures/email. 2 EFTA_R1_00122137 EFTA01791776