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Where Keynes and Kuznets and macroeconomic tradition have been right is in
document IMAGES-001-HOUSE_OVERSIGHT_011057.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Where Keynes and Kuznets and macroeconomic tradition have been right is in reasoning that pay and gross profit, meaning gross of depreciation, sum to the “expenditure” spent on consumption and gross investment. This fact of arithmetic is the logic behind Say’s law: pay plus profi...

Article 1. Wall Street Journal
document TEXT-001-HOUSE_OVERSIGHT_023458.txt Apr 16, 2011 House Oversight Committee — Epstein Estate Records (Nov 2025)

…ake it more difficult for the U.S. to exit smoothly from Iraq this year, as planned. And, perhaps most dire, it could exacerbate what many fear is a looming nuclear arms race in the region. Iran has long pursued a nuclear program that it insists is solely for the peaceful purpos...

The expected future flow we discount to present value, allowing for transfers too, is
document IMAGES-001-HOUSE_OVERSIGHT_010982.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

The expected future flow we discount to present value, allowing for transfers too, is exhaust plus transfer out less transfer in. This net difference is called cash flow. That is, cash flow = exhaust + transfer out - transfer in. (3.2) That’s the logic behind the present value...

Citigroup Inc. (C)
document IMAGES-002-HOUSE_OVERSIGHT_014380.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…e at our $33 price objective and assign a 1.2x multiple to our 2017E TBV in-line with other asset sensitive peers. We place a 15x multiple on our 2017E EPS, also in-line with its asset sensitive peer group. Our DCF assumes a two-stage cost of capital of 10% and a terminal growth...

dependent on what happens with deposit costs. SNV’s current sensitivity analysis
document IMAGES-002-HOUSE_OVERSIGHT_014342.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

dependent on what happens with deposit costs. SNV’s current sensitivity analysis assumes a 50-60% deposit beta. = SNV keenly focused on credit. Chief Credit Officer Kevin Howard noted expectations for net charge-offs to naturally tick up as recoveries become less of a benefit an...

Consider also the history of corporate leverage. Equities are riskier because bond
document IMAGES-001-HOUSE_OVERSIGHT_011082.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Consider also the history of corporate leverage. Equities are riskier because bond interest is paid first. If equities grew faster, however, leverage would constantly decline. That is not what we see. This inferred concentration of risk premium in cash flow rate is convenient f...

WL 2997881, at *22 (citing First Capital
document IMAGES-004-HOUSE_OVERSIGHT_017871.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

806 WL 2997881, at *22 (citing First Capital Asset Mgmt. v. Brickellbush, Inc. 218 F.Supp.2d 369, 395 (S.D.N.Y.2002)). As will be highlighted below, the complaints do not allege any specific facts from which the Court could infer that Prince Sultan, Prince Turki, Mohammed Abdull...

Case 1:19-cv-03377 Document 1-8 Filed 04/16/19 Page 8 of 16
document IMAGES-004-HOUSE_OVERSIGHT_018006.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… technical infringement, and it was thought that the executive committee asked that he resign after his two supporters, Ace Greenberg and Jimmy Cayne, were outnumbered. Greenberg says he can’t recall this; Cayne denies it happened, and Epstein has denied it as well. “Jeffrey Epst...

Cullen Finnerty, 30. The former college football star who led
document IMAGES-002-HOUSE_OVERSIGHT_013287.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Cullen Finnerty, 30. The former college football star who led Grand Valley State University’s team to three Division II national championships and won more than 50 games over four seasons as the school’s quarterback. Died between May 26 and May 28 of pneumonia after disappearin...

prison. Died Feb. 28
document IMAGES-002-HOUSE_OVERSIGHT_013280.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

prison. Died Feb. 28. March Bonnie Franklin, 69. The actress best known for playing divorced mother Ann Romano in the U.S. television show “One Day at a Time,” which aired from 1975 to 1984. Died March 1 of pancreatic cancer. James Strong, 68. Former CEO of Qantas Airways Ltd.,...

Stanislav Kuznetsov
document IMAGES-004-HOUSE_OVERSIGHT_017086.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Kiyoshi Kurokawa Tapio Kuula Nabil R. Kuzbari Maja Kuzmanovic Stanislav Kuznetsov Andrey R. Kuzyaev Kwak Seung-Jun Fawzi Kyriakos-Saad Rachel Kyte Carlos Labarthe Costas Huguette Labelle Maria Claudia Lacouture Francine Lacqua Peter Lacy Christine Lagarde Samir Lahoud Sam...

Explaining our taste for excessive harm
document TEXT-001-HOUSE_OVERSIGHT_012747.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…hest. What aim. What perfection. What wasted energy. With no more than a flinch, Paxton looked down at me, fury in his face, and grunted “What’s up with you?” With tears running and lips trembling, I sputtered “I can’t take it anymore. You, Joffe, and James are constantly hitting...

An investment in the Fund entails a significant degree of risk and, therefore, should be undertaken
document IMAGES-007-HOUSE_OVERSIGHT_024069.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…bstantial additional capital to support expansion or to achieve or maintain a competitive position. Such companies may face intense competition, including from companies with greater financial resources, more extensive development, manufacturing, marketing and service capabilitie...

portfolios are chosen for returns no higher and riskier than the year before. They
document IMAGES-001-HOUSE_OVERSIGHT_010959.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… is skill sets. Pay measures its transfer to products, whether in realized work currently created or from capital in place through human depreciation. That’s how! came to the pay rule. We see why it ought to startle economists. Macroeconomic tradition teaches the doctrine that...