To: Pritzker, Tom(IIIIIIIIIIIJPIMM.Mj From: Jeffrey Epstein Sent Fri 10/22/2010 11:22:07 AM Subject Re: difficult to write prescription without the x ray, however the debt can be structured to guarantee the instrument. not directly part of transaction- enabling whatever outcome is desired. . On Fri, Oct 22, 2010 at 7:19 AM, Pritzker, Tom <-' • wrote: If we have inditia of debt we could change tax characterization. Is that good or bad for the jews? From: Jeffrey Epstein Imailto:icevacation@gmail.com] Sent: Friday, October 22, 2010 06:11 AM To: Pritzker, Tom Subject: Re: not if its tiny, but looks at least like debt. , put can have definitive time lock- ins or out.s to facilitate whatever you decide.. for example cannot be excercised for --- months. no sale. on issuance possible, or reverse, On Fri, Oct 22, 2010 at 7:06 AM, Pritzker, Tom wrote: You're killing my cash flow if a coupon. Can do strip w piece of ups. Put will also facilitate disguised sale designation. From: Jeffrey Epstein limailto:icevacationaamail.com] Sent: Friday, October 22, 2010 05:59 AM To: Pritzker, Tom Subject: Re: issue a structured product that gives a small coupon, "? piece of up.? etc On Fri, Oct 22, 2010 at 6:56 AM, Jeffrey Epstein lcevacationasmail.com> wrote: i billion from the co On Fri, Oct 22, 2010 at 6:42 AM, Pritzker, Tom cs . wrote: :) Have to think about how to finance the put. It can be at a lower price than call, but still need 2 billion of credit behind the put. From: Jeffrey Epstein Imailto:icevacationtamail.coml Sent: Friday, October 22, 2010 04:55 AM To: Pritzker, Tom Subject: I. having a call on nick shares, even if it is a highher strike, different time, different terms, woudl leave him in-but out. 2. a tuned version, of the instrument , might want include a put, EFTA_R1_00471040 EFTA01982102 guaranteed by cash, therefore bankable at 92%. no tax at all. ************* 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 jecvacation@gmail.com, and destroy this communication and all copies thereof, including all attachments. *************************** ****** ************************** 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 jecvacation@gmail.com, and destroy this communication and all copies thereof, including all attachments. 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 EFTA_R1_00471041 EFTA01982103 return e-mail or by e-mail to jecvacation(iDgmail.com, and destroy this communication and all copies thereof, including all attachments. 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 jcevacationesmail.com, and destroy this communication and all copies thereof, including all attachments. 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 jeevacation@gmail.com, and destroy this communication and all copies thereof, including all attachments. EFTA_R1_00471042 EFTA01982104