From: Vahe Stepanian Sent: 6/7/2016 6:18:19 PM To: Stewart Oldfiel CC: Daniel Sabba Subject: RE: (No Subject) (I) Joseph Dursi ; Andrew King Brianna Fowler Yes, generally that's a good start. Happy to discuss further tmw morning. Vahe Stepanian Key Client Partners Deutsche Bank Securities Inc. Tel. Mobile Email Original Message--- From: Stewart Oldfield Sent: Tuesday, June 07, 2016 05:21 PM Eastern Standard Time To: Stewart Oldfield; Joseph Dursi; Andrew King Cc: Daniel Sabba; Vahe Stepanian; Brianna Fowler Subject: RE: (No Subject) [1] Classification: For Internal use only Vahe, When you look at margin release on certain securities (like we do for SK occasionally), do you just need CUSIPs? From: Stewart Oldfield Sent: Tuesday, June 07, 2016 5:18 PM To: Joseph Dursi; Andrew King Cc: Daniel Sabba; Vahe Stepanian; Brianna Fowler Subject: FW: (No Subject) [I] Classification: For Internal use only Have you guys looked at preferreds? From: Daniel Sabba Sent: Tuesday, June 07, 2016 5:01 PM To: Vahe Stepanian; Stewart Oldfield Subject: FW: (No Subject) Did u get this? Stew maybe this topic is a perfect entree for ISG? CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0073014 CONFIDENTIAL SDNY_GM_00219198 EFTA01376671