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COLLABORATIVE INSIGHTS February 25, 2019
document IMAGES-008-HOUSE_OVERSIGHT_024916.txt Feb 25, 2019 House Oversight Committee — Epstein Estate Records (Nov 2025)

COWEN COLLABORATIVE INSIGHTS February 25, 2019 - VALUATION METHODOLOGY AND RISKS Valuation Methodology Cannabis: Our valuation methodology is primarily based on Relative EV-to-Sales (EV-to-Sales divided by Sales-Growth), followed by EV-to-Sales. Investment Risks Cannabis: Can...

New Leaf team five years ago and has made significant contributions to the NLV-II portfolio
document IMAGES-007-HOUSE_OVERSIGHT_024013.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

New Leaf team five years ago and has made significant contributions to the NLV-II portfolio. Jim Niedel MD PhD has worked with the team continuously for over twelve years and will continue to be a senior member of the NLV investment team for NLV-III, but will change his status to...

COLLABORATIVE INSIGHTS February 25, 2019
document IMAGES-008-HOUSE_OVERSIGHT_024903.txt Feb 25, 2019 House Oversight Committee — Epstein Estate Records (Nov 2025)

COWEN COLLABORATIVE INSIGHTS February 25, 2019 Additional Applications / Implications (Nadeau & Osborne) 2 Epilepsy & Psychiatric Conditions (Nadeau) For companies willing to invest in research and manufacturing, the development of FDA- approved cannabinoid-based drugs provid...

What Can’t You Teach? 37
document IMAGES-007-HOUSE_OVERSIGHT_023783.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

What Can’t You Teach? 37 The bottom line here is one of initial belief systems and fundamental personality characteristics, coupled with the notion of truly held goals. You cannot teach someone something that: e does not help them achieve some goal they actually hold e is not...

immediately. I used the audio adaptation. If you’re hungry for more, William Ury’s Getting Past No a
document IMAGES-002-HOUSE_OVERSIGHT_014032.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

immediately. I used the audio adaptation. If you’re hungry for more, William Ury’s Getting Past No and G. Richard Shell’s Bargaining for Advantage: Negotiation Strategies for Reasonable People are outstanding. These are the only negotiating books you’ll ever need. Response Magaz...

Compliance Program Case Study
document IMAGES-007-HOUSE_OVERSIGHT_022563.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

61 Compliance Program Case Study Recent DOJ and SEC actions relating to a financial institution’s real estate transactions with a government agency in China illustrate the benefits of implementing and enforcing a comprehensive risk-based compliance program. The case involved a...

No interest tax shield
document IMAGES-007-HOUSE_OVERSIGHT_023085.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

No interest tax shield Another key offset to the lower corporate tax rate is the proposed ending of the deduction of net interest expense. We assume that this rule would apply to new debt and that existing debt would be grandfathered. This tax shield removal would increase the c...

interest tax shield later in this report). Deleveraging balance sheets may also be spurred
document IMAGES-007-HOUSE_OVERSIGHT_023078.txt Jan 17, 2017 House Oversight Committee — Epstein Estate Records (Nov 2025)

interest tax shield later in this report). Deleveraging balance sheets may also be spurred by a continued environmwnt of rising interest. Leverage for S&P non-Financials has steadily been ticking up over the last few years, and, if we exclude the cash-rich Technology sector, lev...

3 Section 13(b)(2)(B) of the Exchange Act, 15 US.C. § 78m(b)(2)(B)
document IMAGES-007-HOUSE_OVERSIGHT_022616.txt Dec 15, 2008 House Oversight Committee — Epstein Estate Records (Nov 2025)

2228. Rep, No. 95-114, at 7. *3 Section 13(b)(2)(B) of the Exchange Act, 15 US.C. § 78m(b)(2)(B). *4 Section 13(b)(7) of the Exchange Act, 15 U.S.C. § 78m(b)(7). 225 See Complaint, SEC v. Siemens AG, supra note 48; Criminal Information, United States v. Siemens AG, supra note 4...

scrutiny than modest and routine gifts and entertainment
document IMAGES-007-HOUSE_OVERSIGHT_022561.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

59 scrutiny than modest and routine gifts and entertainment. Similarly, performing identical due diligence on all third- party agents, irrespective of risk factors, is often counter- productive, diverting attention and resources away from those third parties that pose the most s...

Sing, one of San Francisco’s six major community organizations representing Chinese
document IMAGES-006-HOUSE_OVERSIGHT_020493.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…s president Xi Jinping visited the United States in September 2015, one of the leaders of San Francisco’s local Chinese American community associations was listed as first among twenty prominent Chinese Americans honored by the Chinese president.?! Chinese Americans and the Chi...

as “so proud” and so “endowed with intelligence,” but who “have in the main given their
document IMAGES-004-HOUSE_OVERSIGHT_017419.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… million as “one of those peculiar facts which must be called free-floating” and concluded with a veiled threat to both American Jews and to Israel: “To put the matter brutally, many American Jewish leaders were capable of ignoring the Asian holocaust in favor of economic and mil...

Re: Fw
email IMAGES-005-HOUSE_OVERSIGHT_019322.txt Jul 23, 2018 House Oversight Committee — Epstein Estate Records (Nov 2025)

… from Salvini to Orban in view of the 2019 elections NEW YORK. The invasion of Europe has begun. Steve Bannon, 65, the American far-right guru who was Donald Trump’s right-hand man in the White House — but let go last summer following the racist violence in Charlottesville — is...