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

… our DCF analysis by 20%. Near term, we view C's current market multiple as overly discounted, but expect money center banks will likely continue to trade at a discount to the regionals. Our 1x TBV multiple represents a 0.3x discount to our median multiple for our universe. Our...

« Marketing expense expected to ramp in 2017, which can weigh on earnings
document IMAGES-003-HOUSE_OVERSIGHT_014911.txt Apr 4, 2017 House Oversight Committee — Epstein Estate Records (Nov 2025)

…he core business and, relative to the overall small-cap sector, GRUB has more attractive margins and growth potential. Bankof America Merrill Lynch Internet/e-Commerce | 06 April2017 25 HOUSE_OVERSIGHT_014911

was his life so he might as well be dead. And if people regretted that they hadn't helped him
document IMAGES-008-HOUSE_OVERSIGHT_024626.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

was his life so he might as well be dead. And if people regretted that they hadn't helped him, well, now they could have a second chance because he was still alive. The obituary evoked inquiries from newspapers, wire services, foreign publications, radio and TV. “What's the mea...

this report or its contents
document IMAGES-002-HOUSE_OVERSIGHT_014431.txt Nov 14, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

this report or its contents. Bankof America 8 Japan Macro Watch | 14 November 2016 Merrill Lynch HOUSE_OVERSIGHT_014431

ane Group (CG), C-2-8, Neutral
document IMAGES-002-HOUSE_OVERSIGHT_014357.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…changed materially in last few weeks - continues to be tough. Global growth will continue to be muted, and despite the Bankof America a 2016 Future of Financials Conference | 17 November 2016 43 Merrill Lynch HOUSE_OVERSIGHT_014357

Chart 1: USDJPY vs yield spread Chart 2: USDJPY carry* gradually inching up
document IMAGES-002-HOUSE_OVERSIGHT_014425.txt Feb 10, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

…l a positive for USD/JPY’s uptrend. Overbought conditions can persist longer in uptrends, but at some point this could Bankof America 2 Japan Macro Watch | 14 November 2016 Merrill Lynch HOUSE_OVERSIGHT_014425

Unauthorized redistribution of this report is prohibited. This report is intended for amanda.ens@bam
document IMAGES-002-HOUSE_OVERSIGHT_014424.txt Mar 2, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

… to continue as we expect the pair to reach 115-120 by end-2017. We remain constructive about Japanese equities and see banks, insurance continue outperforming REITs near-term. Higher US rates (esp. if steepening) to boost USD/JPY USD/JPY performs best at the time of UST bear-st...

ahead. Once the laughter died down, Jules talked for a good 25 minutes about
document IMAGES-008-HOUSE_OVERSIGHT_024627.txt Nov 17, 2012 House Oversight Committee — Epstein Estate Records (Nov 2025)

ahead. Once the laughter died down, Jules talked for a good 25 minutes about some of the ups and downs of his writing career and how hard it is to make a living as any kind of a writer, let alone a “rock journalist.” and the people who created it, seriously. Now everybody write...

Best Directional Trades
document IMAGES-003-HOUSE_OVERSIGHT_014737.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… implied FF target © FOMC median Source: BofA Merrill Lynch Global Research Source: BofA Merrill Lynch Global Research Bankof America 2 Merrill Lynch Global Rates, FX & EM 2017 Year Ahead | 16 November 2016 7 HOUSE_OVERSIGHT_014737

demand. Our US economics team expects the stimulus to boost growth in H2 CY17 and
document IMAGES-002-HOUSE_OVERSIGHT_014418.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…n already pays about 75% of US military hosting costs. However, it seems fair to assume that Japan will be expected to Bankof America <2 Merrill Lynch Japan Economics Viewpoint | 18 November 2016 9 HOUSE_OVERSIGHT_014418

poetry and science
email IMAGES-008-HOUSE_OVERSIGHT_025511.txt Dec 2, 2014 House Oversight Committee — Epstein Estate Records (Nov 2025)

From: Lisa New is Sent: 12/2/2014 6:29:16 PM To: Jeffrey Epstein [[email protected]] Subject: poetry and science Importance: — High Dear Jeffrey, Apropos of our conversation of a few minutes ago, This proposal went to someone I thought was interested in the environment an...

expectations. The divergence between inflation breakevens and real yields seem to
document IMAGES-003-HOUSE_OVERSIGHT_014723.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…e to give the benefit of doubt to the new administration appears to be wearing thin. We would advise patience as there Bankof America <> Merrill Lynch Cause and Effect | 13 February 2017 3 HOUSE_OVERSIGHT_014723

GrubHub (Buy, $49 PO)
document IMAGES-003-HOUSE_OVERSIGHT_014910.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…be one-time in nature rather than an ongoing, longer-term focus for management. 24 Internet/e-Commerce | 06 April 2017 Bankof America <2 Merrill Lynch HOUSE_OVERSIGHT_014910

From: Gmax [[email protected]]
email IMAGES-011-HOUSE_OVERSIGHT_031332.txt Jun 2, 2011 House Oversight Committee — Epstein Estate Records (Nov 2025)

From: Gmax [[email protected]] Sent: 6/2/2011 2:20:56 PM To: [email protected] Importance: — High Dear President Obama: Iam writing today with a somewhat unusual request. First and foremost, I am asking that you return America to its August 20th, 1959 borders so that Hawaii...