EFTA Document EFTA01740986

From: "Barrett. Paul S" To: Jeffrey epstein <jeevacation@gmail.com> Sent: Tuesday, November 1, 2011 4:33:50 PM Subject: RE: One other idea - what do you think OK Paul Barrett, CFA Managing Director Global Investment Opportunities Group JPMorgan Private Bank NY 10019 From: Jeffrey epstein [mailto:jeevacation@gmail.com] Sent: Tuesday, November 01, 2011 11:57 AM To: Barrett, Paul S Subject: Re: One other idea - what do you think Call me in two hours Sorry for all the typos .Sent from my iPhonc On Nov 1, 2011, at 11:45 AM, "Barrett, Paul S" Jeffrey Note pays a 10% coupon so long as the SPX does not hit 794 during life of trade. 1 year. 12M SPX CBEN 35% Cont Buffer — monitored daily COB 10% Cap 10% Coupon Issuer: Deutsche Bank This would be a substitute for HY. Given the big rally in HY we could switch $2MM in Haze and go into this. Let me know Paul Paul Barrett, CFA Managing Director wrote: EFTA_R1_00030714 EFTA01740986 Global Investment Opportunities Group JPMorgan Private Bank 40W 57th Street, 33rd Floor, New York, NY 10019 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 httv://www.ipmenzan.comipages/disclosurcs/cmail. EFTA_R1_00030715 EFTA01740987