EFTA01452352.pdf

From: Tazia Smith Sent: 1/29/2014 9:17:56 PM To: Paul Morris Subject: fw: Jeffrey - turkey. more than expected. Massive rally in the TRL and EM risk [II Attachments pic04535.gif; pic15084.gif classification: For internal use only Hi Paul - been one of those days (and still going), so apologies for my delayed update. vanit/Nav and I spoke with JE this morning at 11am. Was a good call. we are coming back tomorrow with a senario analysis on the long dated yen call. He focused on it and got it this conversation. He understood the overlay to owning real assets in Japan too. JE re-stated for vinite that all he wants is the trade (he did not sound annoyed) he just stated that he does not want market updates just the trade - Vinit repeated, for the record!, "we will from here on forward assume that you already have the information." Aside: I've taken to updating Harry more, he likes the updates and I feel better knowing we have communicated that to the client! That's the update! Please call me tomorrow if you want to discuss further, we'll clearly cc you on the USDJPY option email. TDS (Embedded image moved to file: pic04S3S.gif) Tazia Smith Director I Key client Partners - US Deutsche Bank Securities Inc Deutsche Asset & wealth Management 345 Park Avenue, 26th Floor New York. NY 10154 (Embedded image moved to file: pic15084.gif) Forwarded by Tazia Smith/db/dbcom on 01/29/2014 09:12 PM From: Jeffrey Epstein <[email protected]> To: vsahni Tazia Smith Date: 01/29/2014 05:58 AM Subject: Re: Jeffrey - turkey. more than expected. Massive rally in the TRL and EM risk today or tomorow lets speak on wed, Jan 29, 2014 at 4:19 AM, vsahni rote: don't like the entry points here, looked w pe ratios not great. there is a china trade which I like, needs to be managed and u also need to CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 109308 CONFIDENTIAL SDNY_GM_00255492 EFTA01452352