From: David Stern <EIMINI=>

From: David Stern <EIMINI=> To: Jeffrey Epstein <jeevacation@gmail.com> Subject: Date: Wed, 06 Jul 2011 13:20:0I +0000 Separate from the wealth management concept: For your Jes meeting (also since he took over JPM international business in June), the one thing that would be interesting to explore is: you & me set up special investment vehicle/fund that invests in global assets (incl take private) that are relevant to China - natural resources, chemicals etc and maybe real estate (making full use of JPM resources to do the work) Initial capital from JPM and/or the West This vehicle will then grow to become the home of Chinese diversification capital (safe, cic, banks, insurance, etc). - independent but linked or partially owned by JPM (needs to be able to show independence & link to big JPM brand). - top chinese people will join as advisors etc. if needed EFTA00661028