To: jeevacation©gmail.com[jeevacation@gmail.com]: jeffrey epsteinlieeyacation©gmaitcomj From: Sent: Tue 2/14/2012 12:37:43 PM Subject: Re: Fwd: Will remind you Friday morning before Icon comes to breakfast. Sent from my iPhonc On Feb 13, 2012, at 7:31 PM, jeffrcy cpstcin <jecvacation@gmail,com> wrote: Remind me with Leon Sorry for all the typos .Sent from my iPhone Begin forwarded message: From: "Nicholas L.Ribis" <Nicholas.Ribis@ResortsINT com> Date: February 13, 2012 2:26:23 PM EST To: "Jeffrey Epstein" <jcevacation@gmail.com> 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 EFTA_R1_00510265 EFTA02009418