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CHINA DAILY Wednesday, October 18, 2017
document IMAGES-007-HOUSE_OVERSIGHT_023686.txt Oct 18, 2017 House Oversight Committee — Epstein Estate Records (Nov 2025)

CHINA DAILY Wednesday, October 18, 2017 G Five years on Robert Lawrence Kuhn Historical starting point for new stage of development he 19th National Congress of the Communist Party of China, which begins on October 18, will set the leadership and establish the policies for...

The proceeds of this offering will be used: (i} to expand operations, including through strategic
document IMAGES-007-HOUSE_OVERSIGHT_024472.txt Jul 1, 2006 House Oversight Committee — Epstein Estate Records (Nov 2025)

3. USE OF PROCEEDS The proceeds of this offering will be used: (i} to expand operations, including through strategic acquisitions in the U.S. and internationally, (ii) to develop new products and services, {iii} to repay, in whole or in part, $150 million of existing debt plus a...

APPENDIX A: The Argument in Notation
document IMAGES-001-HOUSE_OVERSIGHT_011127.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

APPENDIX A: The Argument in Notation Output and Cash Flow My focus will be on absolute rather than per capita values. The usual custom gives capital letters for the former and lower-case ones for the latter. I will prefer the upper case for stocks and flows, and the lower one f...

Fwd: raw text
email TEXT-001-HOUSE_OVERSIGHT_029766.txt Apr 3, 2011 House Oversight Committee — Epstein Estate Records (Nov 2025)

…trying to sell notes regarding massage appointments • Epstein gave $1 million to his friend Jean Luc Brunel when he was starting the modeling agency MC2 • According to a former bookkeeper, young girls were brought to the U.S. by MC2—often from Eastern Europe—then traveled on Epst...

Without much fanfare but with typical political controversy, the House and Senate successfully recon
document TEXT-001-HOUSE_OVERSIGHT_029438.txt Jan 2, 2018 House Oversight Committee — Epstein Estate Records (Nov 2025)

…this legislation was signed into law by President Trump on December 22, 2017. 4 This proposed change would be effective starting in 2018 and would not apply to taxable years beginning after December 31, 2025 (e.g. sunsets at the beginning of 2026). 5 There are nine states that im...

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...

growth theory says such restraint doesn’t happen. Data say the same. I apply the
document IMAGES-001-HOUSE_OVERSIGHT_011080.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

growth theory says such restraint doesn’t happen. Data say the same. I apply the same idea in next generation theory. My 3.5% is a rough estimate. What counts is the generation length. The length was probably higher, and the rate lower, before medicine and sanitation lowered mo...

nothing would prevent a sophisticated investor in the omnibus fund from
document IMAGES-001-HOUSE_OVERSIGHT_011095.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

nothing would prevent a sophisticated investor in the omnibus fund from manipulating correlation further down with derivatives as hedge funds do. Liquidity, Risk and Return Demand deposits in banks today can be withdrawn at any time. Time deposits cannot be attracted without e...

money pours out of the Northeast (and in some cases, from as far as London
document IMAGES-012-HOUSE_OVERSIGHT_033159.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

money pours out of the Northeast (and in some cases, from as far as London and Singapore) and into this already wealthy section of southeast Florida. Approximately 70 hedge and private equity funds are now headquartered here, many of which have set up shop in the last two years,...

Laffer Associates Game On [Updated 7/6/2016]
document IMAGES-008-HOUSE_OVERSIGHT_025302.txt Jul 6, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

Laffer Associates Game On [Updated 7/6/2016] voter turnout is up 66.6% over 2008 and 103.0% over 2012. | use both total turnout as well as equal weighted state turnout because our Electoral College system for selecting a president is a combination of both. These numbers are asto...

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...

support other parallel solutions, including
document IMAGES-008-HOUSE_OVERSIGHT_025060.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…rt other parallel solutions, including the political one. But FSA [has] become a jungle. ... My recommendation is... to start working on elite [forces that can]... initiate key attacks plus help as a buffer from potential warlords and fights among fragmented FSA factions. Plus, t...

Price objective basis & risk
document IMAGES-003-HOUSE_OVERSIGHT_014939.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Price objective basis & risk Alphabet (GOOGL / GOOG) Our price objective is $1025/$1025, representing 17x our core 2018 Google non-GAAP EPS estimate (excluding non-Google losses), plus $118/share in cash, or 21x core Google GAAP EPS plus cash. Alphabet has traded at 12-24x forw...

H (Distributed + Liquid Public) to Paid-in Capital: Calculated based on (1) called capital of a
document IMAGES-007-HOUSE_OVERSIGHT_024110.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

H (Distributed + Liquid Public) to Paid-in Capital: Calculated based on (1) called capital of a fund (based on individual called capital percentages and fund sizes across multiple funds) and (2) distributed capital of a fund (based on aggregating individual funds distributed capi...