From: Jeffrey Epstein <[email protected]> To: Paul S Barrett 4 Cc: Jes Staley <1 Subject: Re: 30yr swaps Date: Tue, 24 Aug 2010 20:24:32 +0000 yen? „ so far jpm recomendations. are a disater On Tue, Aug 24, 2010 at 4:19 PM, Jeffrey Epstein leevacation®gmail.com> wrote: ok On Tue, Aug 24, 2010 at 3:44 PM, Paul S Barrett <j Jeffrey Left you a message. > wrote: We should unwind the remainder of our 30yr swap exposure. Between the jobless claims and housing data the risk has substantially grown for a hard landing which would drive interest rates lower. We have 10MM of an outright swap and 10MM of a receiver swaption (4.35% strike) Let me know. Paul Paul Barrett, CFA Managing Director Global Investment Opportunities Group DPMorgan Private Bank 40W 57th Street, 33rd Floor, New York, NY 10019 (W) (F) EFTA00751036