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From: Jeffrey Epstein <[email protected]> To: "Barrett, Paul S" Subject: Re: Idea Date: Thu, 23 Aug 2012 02:00:10 +0000 unwind but hold off new note On Wed, Aug 22, 2012 at 1:52 PM, Barrett, Paul S < Jeffrey > wrote: We have $2MM of a SPS00 linked note that is up $220K with protection kicking in at 1260 (10% below current market). I think we should unwind this and go into a new note: 18 months SP500 Linked 0% coupon 22% buffer monitored at expiry only (SP500 needs to close below 1099 for your buffer to knock out) Unlimited upside exposure So we are simply raising the buffer level to kick in at today's levels as opposed to 1260. Let me know Paul Paul Barrett, CFA Managing Director EFTA00941786
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