EFTA01529575.pdf

JPMorgan Chase Bank, N.A. JEFFREY EPSTEIN 345 Park Avenue, New York, NY 10154-1002 ACCT. For the Period 9/1/09 to 9/30/09 0000033004.00.0.20.00001.EPSTE21.20091002 JEFFREY E EPSTEIN ATTN: DARREN K INDYKE 301 EAST 66TH ST STE 10B NEW YORK NY 10065 Asset Account J.P. Morgan Private Bank Team Mary Casey Janet Young William Doherty III Online access Banker Client Service Team Client Service Team www.MorganOnline.com Table of Contents Account Summary Holdings Cash and Short Term Portfolio Activity 4 6 Page 2 Client News As a reminder, your available cash balance for withdrawal may be reduced if you are using the assets in your account as collateral for a loan or line of credit. Also, cash swept into a money market fund will not be available for withdrawal after the sweep deadline. Please contact your client service team for more details. Page 1 of 9 EFTA01529575 JEFFREY EPSTEIN ACCT. For the Period 9/1/09 to 9/30/09 Account Summary Asset Allocation Cash & Short Term Market Value Accruals Market Value with Accruals Beginning Ending Market Value 56,689.60 $56,689.60 9.67 $56,699.27 Market Value 56,699.27 $56,699.27 7.23 $56,706.50 Current Portfolio Activity Beginning Market Value Withdrawals & Fees Net Contributions/Withdrawals Income & Distributions Ending Market Value Accruals Market Value with Accruals $0.00 9.67 $56,699.27 7.23 $56,706.50 Period Value 56,689.60 Year-to-Date Value 56,505.52 (5.67) ($5.67) 199.42 $56,699.27 7.23 $56,706.50 Change In Value 9.67 $9.67 (2.44) $7.23 Estimated 124.17 Current Annual Income Allocation 100% 100% Page 2 of 9 EFTA01529576 JEFFREY EPSTEIN ACCT. For the Period 9/1/09 to 9/30/09 Account Summary Tax Summary Tax-Exempt Income Tax-Exempt Income CONTINUED Current Period Value 9.67 $9.67 Year-to-Date Value 199.42 $199.42 Page 3 of 9 EFTA01529577 JEFFREY EPSTEIN ACCT. For the Period 9/1/09 to 9/30/09 Cash & Short Term Summary Beginning Asset Categories Cash Market Value 56,689.60 Ending Market Value 56,699.27 Change In Value 9.67 Current Allocation 100% Current Market Value/Cost Market Value Tax Cost Estimated Annual Income Accrued Interest Yield Period Value 56,699.27 56,699.27 124.17 7.23 0.22% Page 4 of 9 EFTA01529578 JEFFREY EPSTEIN ACCT. For the Period 9/1/09 to 9/30/09 Cash & Short Term Detail Quantity Cash JP MORGAN INSTITUTIONAL TAX FREE MONEY MARKET SWEEP FUND (840) (SWEEP DEADLINE IS 11:30 AM EST) 7-Day Annualized Yield: .24% 56,699.27 1.00 56,699.27 56,699.27 124.17 7.23 0.22% Price Market Value Tax Cost Adjusted Original Estimated Unrealized Gain/Loss Annual Income Accrued Interest Yield Page 5 of 9 EFTA01529579 JEFFREY EPSTEIN ACCT. For the Period 9/1/09 to 9/30/09 Portfolio Activity Summary Beginning Cash Balance Transactions Income INFLOWS Total Inflows OUTFLOWS Total Outflows Fees $0.00 SWEEP ACCOUNT ACTIVITY Sweep Account Sales Sweep Account Purchases Total Sweep Account Activity Ending Cash Balance * Year to date information is calculated on a calendar year basis. (9.67) ($9.67) $0.00 Current Period Value 0.00 9.67 $9.67 Year-To-Date Value* - 199.42 $199.42 (5.67) ($5.67) 5.67 (199.42) ($193.75) -Page 6 of 9 EFTA01529580 JEFFREY EPSTEIN ACCT. For the Period 9/1/09 to 9/30/09 Portfolio Activity Detail INFLOWS & OUTFLOWS Settlement Date 9/1 Type Tax-Exempt Income Description JP MORGAN INSTITUTIONAL TAX FREE MONEY MARKET SWEEP FUND (840) (SWEEP DEADLINE IS 11:30 AM EST) SWEEP ACCOUNT ACTIVITY Settlement Date 9/30 Type Net Sweep Description JP MORGAN INSTITUTIONAL TAX FREE MONEY MARKET SWEEP FUND (840) (SWEEP DEADLINE IS 11:30 AM EST) Quantity 9.670 Amount (9.67) Quantity Per Unit Amount Amount 9.67 Page 7 of 9 EFTA01529581 JEFFREY EPSTEIN ACCT. For the Period 9/1/09 to 9/30/09 In Case of Errors or Questions About Your Electronic Transfers. Contact your J.P. Morgan Team at one of the telephone numbers on the front of th is statement or write us at 500 Stanton Christiana Road, 1/OPS, Newark,DE19713-2 107 as soon as you can, if you think your statement is wrong or if you need more information about a transferon the statement. We must hearfrom you no laterthan 60 days afterwe sent you the FIRSTstatement on which the erroror problem appeared. (1) Tellus yourna me and account number. (2) Describe the erroror the transferyou are unsure about , and explain as clearlyas you can why you believeit is in erroror why you needmore information. (3) tell us the dollaramount of the suspected error. Ifyou contact us orally, yo u must send us yourcomplaint or question in writing within 10 business days in o rderto preserveyourrights. We will investigateyour complaint and will correct any errorpromptly. Ifwe take mor e than 10 business days to do this (20 days for purchases using your debit card or for internationaltransactions),we will credit youraccount for the amount you think is in error, so that you will havethe use ofmoneyduring the time it takes us to complete our investigation. In case of errors or questions about your statement, including your line of cred it. Ifyou think that your statement is incorrect or if you need more information abo ut a transaction on your statement including a line of credit transaction, you m ust write to us on a separatesheet describing the errorand send it to: J.P. Morg an's Private Bank, 500 Stanton ChristianaRoad, 1/OPS3, Newark,DE19713-2107. We must hearfrom you no laterthan 6 0 days afterthe statement on which the erroror problem appearedis sent. You can contact yourclient servicespecialistbut doing so will not preserveyour rights. Pleasereviewyouraccount statement and promptly report any inaccuracyor discrepan cyincluding possible unauthorizedtrading activity, unrecordeddividendpayments, a nd unaccounted cash positions in writing to both the introducing broker, JPMSI a nd the clearing firm, JPMCC at the addresses shown on your statement. Any oral communication should be re-confirmed in writing to further protect your rights, including your rights u nder the Securities InvestorProtection Act (SIPA). If you have any questions ple ase contact your JPMSI Account Representativeor JPMSI ComplianceDepartmentat (212)483-2323. In your letter, please provide the following information: (1) your name and acco unt number; (2) the dollaramount of the suspected error; and (3) a description o f the errorand explanation, if you can, why you believethere is an error. Ifyou need more information, you must describe the item you are unsure about. Important Information about Pricing and Valuations Certain assets including but not limited to, pooled private investments, non-pub licly traded and infrequently traded securities, derivatives, partnership intere sts and tangible assets are generally illiquid, the value of which may have been providedto us by third parties who maynot be independent of the issueror manager. Such information is reflectedas o fthe last date providedto us, and is not independently verified. Prices, some ofwhich are providedby pricing servicesor othersources which we dee m reliable,are not guaranteedfor accuracyor as realizablevalues. Marketvalueinformation (including without limitation, prices, exchangerates, acc ruedincome and bond ratings) furnishedhereinhas been obtainedfrom sources that J .P. Morgan believesto be reliableand is furnishedfor the exclusiveuse of the cli ent. J.P. Morgan makes no representation,warrantyor guarantee,express or implied, tha t any quoted value representsthe actual terms at which transactions or securitie s could be bought or sold or new transactions could be enteredinto, or the actua 1 terms on which existing transactions or securities could be liquidated. The current price is the valueofthe financialasset share, unit or contract as pr iced at the close of the marketon the last dayofthe statement periodor the last EFTA01529582 availableprice. All valuesprovidedfor structured yielddeposits (forexample,JPMorgan London Time Deposits) reflectthe originaldeposit amount only. The current valuefor RealEstate, Minerallnterestsand MiscellaneousAssets maynot reflectthe most current valueof the asset. Valuations of over-the-counterderivativetransactions, including certain derivati ves-relateddeposit products, have been preparedon a mid-market basis. These valu ations are indicative values as of the close of business of the date of this sta tement and, except as otherwise agreedin writing, these valuationsdo not representthe actual terms at which tran sactions or securities could be bought or sold or new transactions could be ente redinto, or the actual terms on which existing transactions or securities could be liquidatedas of the date of this statement. We do not warrant their completeness or accuracy. These valuationsare derivedfrom proprietarymodels basedupon well-recognizedfinancialprinciples and we have, when necessaryto calculate the present valueof future cash flows, made reasonable estimates about relevantfuture market conditions. Valuationsbased on other models or diffe rentassumptions may yield differentresults. J.P. Morgan expresslydisclaims any r esponsibilityfor (1) the accuracyof the models or estimates used in deriving the valuations, (2) any errors or omissions in computing or disseminating the valuations, and (3)anyuses to which the valuationsare put. Valuations are providedfor information purposes only and are intendedsolelyfor yourown use. Pleasereferto the trade confirmation for deta ils ofeach transaction. Pleasereviewyourstatement promptly and report anydiscrepanciesimmediatelyto an a ccount officerwhose name appearson the contact page of this statement. The JPMorgan Funds or The JPMorgan Institutional Funds or The American Century F unds Shares of the funds are not bank deposits and are not guaranteedby any bank, gov ernmententity, or the FDIC. Return and share price will fluctuate and redemption valuemay be more or less than original cost. While the money marketfunds seekto maintain a stable net asset valueof$1.00 pershare, there is no assurancethat they will continue to do so. The estimatedannualincome and dividendyieldfigures for mutual funds represen tthe funds' most recentincome dividendannualized. The distributor ofthe JPMorgan Funds is JPMorgan Distribution Services,Inc., whi ch is an affiliateof the Bank. The Bankand its affiliatesreceivecompensation fro m JPMorgan Funds for providing services. AmericanCenturyInvestmentServices,Inc. is the distributor of the AmericanCenturyFunds. AmericanCenturyInvestmentManagementInc. servesas investmen t advisorto its respectivefund familyand receivescompensation from that fund fam ilyfor providing investment advisoryand other services. Page 8 of 9 EFTA01529583 JEFFREY EPSTEIN ACCT. For the Period 9/1/09 to 9/30/09 Important Information RegardingAuction Rate Securities (ARS). ARS are debt or pr eferredsecurities with an interest or dividend rate reset periodicallyin an auct ion. Although there may be daily, weeklyand monthly resets, there is no guarante ethat there will be liquidity. If there are not enough bids at an auction to redeemthe securities availablefor sal e, the result maybe a failedauction. In a failedauction, there is no assuranceth at a secondarymarket will developor that the security will trade at paror anyoth er price reflectedon statements. Accordingly, investors should not relyon pricing information appearingin theirst atements with respect to ARS. If you have chosen one of the sweep mutual funds, you are notified that position s in the Prime Money Market Sweep Fund represent holdings in the JPMorgan Prime Money Market Fund; positions in the FederalMoney Market Sweep Fund represent hol dings in the JPMorgan FederalMoneyMarketFund; and positions in the TaxExemptMoneyMarketSweep Fund representholdings in the JPMorgan TaxExemptMoneyMarketFund. You should have receivedseparate confirmations for each securities transaction. All transactions are subject to the terms and conditions stated on the reverse s ide of such confirmations and are subject to the constitution, by-laws, customs and interpretations of the marketplacewhere executedand governedby and construed in accordance with the law s of the State of New Yorkand all applicablefederallaws and regulations. Further information with respect to commissions and other charges relatedto the executio n of transactions, including options transactions, has been included in confirmations that were pre viouslyfurnishedto you. Upon written request, JPMSI will promptly supply you wit h the latest such information. Shareholdersof certain JPMorgan Funds are chargeda redemption fee equalto 2% of the proceeds if they exchangeor redeemshares of such funds within 60 days of pur chase, subject to certain exceptions set forth in the prospectus of the applicab leFund. Please consult yourJ.P. Morgan representativefora list of the JPMorgan Funds that impose redemp tion fees. JPMSI, JPMCB or their affiliates(the "J.P. Morgan Companies")may provide adminis trative, custodial, sales, distribution or shareholderservices to JPMorgan Funds , American CenturyFunds, or funds established, sponsored, advised, or managedby third parties, and the J.P. Morgan Companiesmaybe compensatedfor such services. A financialstatement of this organizationis availableto you for personalinspecti on at its offices, or a copy will be mailedto you upon written request. Bank products and services are offered through JPMCB and its affiliates. Securit ies are offered by JPMSI and cleared through JPMCC. Ifa partialcall is made with respect to an issue of securities included in yourA ccount we will allocate the call by a method we deem fairand equitable. You must promptly adviseJPMSI ofmaterialchanges in yourinvestment objectivesor f inancialsituation. Unless you inform JPMSI otherwise, JPMSI will considerthe inf ormation currentlyin its files to be complete and accurate. JPMSI is not a bank and is a separate legal entity from its bank or thrift affil fates, including JPMCB. The securities sold, offered, or recommended by JPMSI: (1) Are not insured by the Federal Deposit Insurance Corporation, or any other g overnmental agency; (2) Are not deposits or other obligations of JPMSI's bank or thrift affiliates unless otherwise indicated), and are not guaranteed by or the responsibility of any such affiliates (unless explicitly stated otherwise); and (3) Involve investment risks, including possible loss of the principal invested. JPMSI's banking affiliatesmay be lenders to issuers of securities that JPMSI and erwrites, in which case proceeds of offerings underwritten by JPMSI may be used for the repaymentof such loans, and you should referto the disclosure documents relating to particular securities for discussion of any such lending relationships. The FederalReserver equires that JPMSI obtain your consent before it can obtain certain information EFTA01529584 from its bank or thrift affiliates, including their credit evaluationof you. We will assume that your continuing to transact business with JPMSI will constitute yourconsent to the sharing ofsuch i nformation by JPMSI and its bankor thrift affiliates,to the extent permitted by law. DEPOSITS IN FOREIGN BRANCHES ARE NOT INSURED BY THE FDIC, THE FEDERAL RESERVE BO ARD OR ANY OTHER GOVERNMENTAL AGENCY; AMOUNTS IN THE TIME DEPOSITS DO NOT HAVE T HE BENEFIT OF ANY DOMESTIC PREFERENCE APPLICABLE TO U.S. BANKS. Page 9 of 9 EFTA01529585 THIS PAGE INTENTIONALLY LEFT BLANK EFTA01529586