To: Lesley Gro From: Jeffrey Epstein Sent Tue 2/14/2012 12:51:05 PM Subject: Re: Fwd: lets call him tody On Tue, Feb 14, 2012 at 7:37 AM, Lesley Groff wrote: Will remind you Friday morning before leon comes to breakfast. Sent from my iPhone On Feb 13, 2012, at 7:31 PM, jeffity epstein <[email protected]> wrote: Remind me with Leon Sorry for all the typos .Sent from my iPhonc Begin forwarded message: From: "Nicholas L.Ribis" Date: February 13, 2012 2:26:23 PM EST To: "Jeffrey Epstein" <[email protected]> Jeffrey — recent public reports indicated that Caesars intends to auction 10 or more of their smaller regional casinos to focus on larger jurisdiction casinos, foreign properties and substantial debt reduction — my idea is to have Caesars spin off the properties to a company controlled by me for a higher purchase price by allocating a substantial amount of Caesar current debt( thereby reducing Caesars overall debt load ) and having a higher multiple on ebitda from those casinos than Caesars would achieve in an auction process — this would allow Caesars to quickly announce a sale of these properties at a very high price to a licensed entity without having licensing or financial outs in contract to sell the properties-I thought this was an interesting idea for Leon what do u think — call me -- Nick The information contained in this communication is confidential, may be attorney-client privileged, may EFTA_R1_00229746 EFTA01842648