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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA00672138: Barrett and Privilege (DS9)

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This document is an email exchange between Paul S. Barrett of JPMorgan Private Bank and Jeffrey Epstein dated April 2, 2012, discussing investment strategy. Barrett recommends selling $1.2 million of Ford 7% 2015 bonds and proposes moving funds into a 3-year investment, noting a gain of $180,000 comprised of $136,000 from interest and $46,000 from capital appreciation.

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Excerpt 1
and conditions including on offers for the purchase or sale of securities, accuracy and completeness of information, viruses, confidentiality, legal **privilege**
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From: "**Barrett**, Paul S" To: Jeffrey Epstein Subject: RE: Swap idea Date: Mon, 02 Apr 2012 15:38:59 +0000 All in +$180,000 (136K
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from interest and 46K from capital appreciation) Paul **Barrett**, CFA Managing Director Global Investment Opportunities Group JPMorgan Private Bank 320 Park

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