To: Desmond shum From: Jeffrey Epstein Sent Sat 9/17/2011 1:44:49 AM Subject: Re: Carry trade currency risk? businesses are too complicated , leveraged securitties seem tomake more sense 2011/9/16 Desmond shum ‹ > With US interest rate at such low level and Ina sustained way. How to do a carry trade - borrow in US and invest in China? Buy a leveragable business? China is in for a period of credit squeeze. There are stable yield asset for purchase. I thought this is an interesting opportunity. Your thought? Desmond Shum ***** ****************************************************** The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to leevacationOgmail,com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA_R1_00254730 EFTA01857138