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we recommended remaining long equities overlayed with cheap hedges. The hedge

Ref Buy SPX Jun17 95% put contingent on US 5Y CMS > 2.15 5-Dec-16 1.04% 0% 19-Jun-17 In Dec-16 Release House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pages

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we recommended remaining long equities overlayed with cheap hedges. The hedge

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