From: Jeffrey Epstein <[email protected]> To: Paul S Barrett Subject: Re: Oil Date: Thu, 09 Dec 2010 16:41:41 +0000 yes, paul that seems to be the position on many of the things that we have bought over the past year. with much buying and sellling you must look at the results . same issue on the sm bond„ if it moves against you, why not take the quick loss. dividends etc.. instead of trying to double downon positions that have gone against the view. On Thu, Dec 9, 2010 at 11:38 AM, Paul S Barrett < > wrote: The switch into the GM Convert is a better place holder...earn a coupon and keep the upside. We still feel that we will make money on this position. Paul Barrett, CFA Managing Director Global Investment Opportunities Group JPMorgan Private Bank 40W 57th Street, 33rd Floor, New York, NY 10019 (W) (F) From: Jeffrey Epstein [mailto:jeevacationtegmail.com Sent: Thursday, December 09, 2010 11:33 AM To: Paul S Barrett Subject: Re: Oil a loss on the corn colloar a loss on the gm bonds„ what should we do. On Thu, Dec 9, 2010 at 11:30 AM, Paul S Barrett $30,000 - $119,000 > wrote: EFTA00898820