From: Jeffrey M Matusow <

From: Jeffrey M Matusow < To: Jeevacation <jeevacation®gmail.com> Subject: RE: GS Date: Thu, 29 Apr 2010 14:41:30 +0000 we bought 30,000 shares at $159.1990 all in. Last trade was $159.85. Jeff Jeffrey M. Matusow JPMorgan Private Bank I 40 West 57th Street, 33rd Floor, New York, NY 10019 Email: IRS Circular 230 Disclosure: JPMorgan Chase & Co. and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any attachments) is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with JPMorgan Chase & Co. of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties. From: Jeevacation [mailto:jeevacation@gmail.com] Sent: Thursday, April 29, 2010 10:04 AM To: Jeffrey M Matusow Subject: Re: GS Buy bak the 30k Sent from my iPhone On Apr 29, 2010, at 9:47 AM, Jeffrey M Matusow GS trading up almost $3 today. $159.50 last trade. That is a forward PIE of 8.1x. For comparison Morgan Stanley is currentlyt trading at a forward P/E of 9.5x. > wrote: EFTA00733450 Your basis on the 20,000 shares is $160.42 Jeff Jeffrey M. Matusow JPMorgan Private Bank 140 West 57th Street, 33rd Floor, New York, NY 10019 Email: IRS Circular 230 Disclosure: JPMorgan Chase & Co. and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any attachments) is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with JPMorgan Chase & Co. of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties. 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://wwwjpmorgan.corn/pages/disclosures/email. EFTA00733451