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Important Disclosures
document IMAGES-002-HOUSE_OVERSIGHT_014429.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Disclosures Important Disclosures FUNDAMENTAL EQUITY OPINION KEY: Opinions include a Volatility Risk Rating, an Investment Rating and an Income Rating. VOLATILITY RISK RATINGS, indicators of potential price fluctuation, are: A - Low, B - Medium and C - High. INVESTMENT RATINGS r...

Morgan Stanley | sesearcs NORTH AMERICA INSIGHT ~~
document IMAGES-008-HOUSE_OVERSIGHT_025583.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Morgan Stanley | sesearcs NORTH AMERICA INSIGHT ~~ Disclosure Section The information and opinions in Morgan Stanley Research were prepared by Morgan Stanley & Co. LLC, and/or Morgan Stanley C-T.V.M. S.A., and/or Morgan Stanley Mexico, Casa de Bolsa, S.A. de C.V., and/or Morgan...

COLLABORATIVE INSIGHTS February 25, 2019
document IMAGES-008-HOUSE_OVERSIGHT_024918.txt Feb 25, 2019 House Oversight Committee — Epstein Estate Records (Nov 2025)

COWEN COLLABORATIVE INSIGHTS February 25, 2019 Equity Research Price Targets: Cowen and Company, LLC assigns price targets on all companies covered in equity research unless noted otherwise. The equity research price target for an issuer's stock represents the value that the ana...

It follows that if real GDP is understated, then
document IMAGES-003-HOUSE_OVERSIGHT_014548.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

It follows that if real GDP is understated, then what appears to be a slow recovery is not as slow as reported and what appears to be a period of low productivity growth is not as low as reported. We believe that the evidence favors the mismeasurement argument. At a September 20...

First Bancorp Puerto Rico (FBP)
document IMAGES-002-HOUSE_OVERSIGHT_014382.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

First Bancorp Puerto Rico (FBP) We use a three-factor valuation framework (P/TBV, P/E, DCF) to arrive at our $6.50 price objective. We assign a 1.0x multiple to our 2Q17E TBV, below the 1.6X for peers, due to the overhang of PR fiscal issues that may reduce TBV. Our revised impl...

Important Disclosures
document IMAGES-003-HOUSE_OVERSIGHT_014496.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Disclosures Important Disclosures FUNDAMENTAL EQUITY OPINION KEY: Opinions include a Volatility Risk Rating, an Investment Rating and an Income Rating. VOLATILITY RISK RATINGS, indicators of potential price fluctuation, are: A - Low, B - Medium and C - High. INVESTMENT RATINGS r...

Department of Economics, Harvard University, v. November 9,2009
document TEXT-001-HOUSE_OVERSIGHT_019396.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…Obstfeld and Rogoff: pp. 558-567, 635-638, 648-653. IV. BANK RUNS AND THE PERSISTENCE OF THE GREAT DEPRESSION *Diamond, Douglas and Philip H. Dybvig, "Bank Runs, Deposit Insurance, and Liquidity," Journal of Political Economy 91(3): 401-19, June 1983. *Bernanke, Ben, "Nonmonetary...

Article 1. The Washington Post
document TEXT-001-HOUSE_OVERSIGHT_030156.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…Evolving Foreign Policy Richard Javad Heydarian Article 6. Foreign Affairs How Fatah-Hamas Unity Threatens U.S. Funding Douglas N. Greenburg and Derek D. Smith Article 7. TIME Why the Muslim Brotherhood Are Egypt's Best Democrats Bobby Ghosh Article 1. The Washington Post Av...

Re: My Wall Street 2 Story
email TEXT-001-HOUSE_OVERSIGHT_021241.txt Jan 12, 2010 House Oversight Committee — Epstein Estate Records (Nov 2025)

…inancial mentor who teaches him corruption. Oliver needed an old-fashioned villain to create drama, and he cast Michael Douglas as Gekko against type. Michael was not known as a heavy at the time, but as a charming, handsome, sensitive leading man. Oliver also saw the anger, conf...

Re: My Wall Street 2 Story
email TEXT-001-HOUSE_OVERSIGHT_021235.txt Jan 11, 2010 House Oversight Committee — Epstein Estate Records (Nov 2025)

…inancial mentor who teaches him corruption. Oliver needed an old-fashioned villain to create drama, and he cast Michael Douglas as Gekko against type. Michael was not known as a heavy at the time, but as a charming, handsome, sensitive leading man. Oliver also saw the anger, conf...

Text 001 House Oversight 028406
document TEXT-001-HOUSE_OVERSIGHT_028406.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…"scalable_image"},{"identifier":"_anf-author-1","layout":"authorLayout","role":"author","text":"By John D. McKinnon and Douglas MacMillan","textStyle":"authorStyle","type":"text"},{"identifier":"_anf-byline-1","layout":"bodyLayout","role":"byline","text":"September 24, 2018, 6:58...

Winner Woody Allen may have missed Hollywood’s
document TEXT-001-HOUSE_OVERSIGHT_013450.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…er Terry Richardson Rooney Mara Graydon Carter and Anna Scott APRIL 2012 • AVENUE MAGAZINE | 61 Fran Leibowitz Michael Douglas and Kirk Douglas Wendi Deng Murdoch Abbie Cornish Bar Refaeli Woody is not a member of the Academy because he doesn’t feel that films should be in compe...

Re: My Wall Street 2 Story
email TEXT-002-HOUSE_OVERSIGHT_032005.txt Jan 11, 2010 House Oversight Committee — Epstein Estate Records (Nov 2025)

…inancial mentor who teaches him corruption. Oliver needed an old-fashioned villain to create drama, and he cast Michael Douglas as Gekko against type. Michael was not known as a heavy at the time, but as a charming, handsome, sensitive leading man. Oliver also saw the anger, conf...

Re: My Wall Street 2 Story
email TEXT-002-HOUSE_OVERSIGHT_031999.txt Jan 12, 2010 House Oversight Committee — Epstein Estate Records (Nov 2025)

…inancial mentor who teaches him corruption. Oliver needed an old-fashioned villain to create drama, and he cast Michael Douglas as Gekko against type. Michael was not known as a heavy at the time, but as a charming, handsome, sensitive leading man. Oliver also saw the anger, conf...

iQmethod™ Measures Definitions
document IMAGES-003-HOUSE_OVERSIGHT_014883.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

iQmethod™ Measures Definitions Business Performance Numerator Denominator Return On Capital Employed NOPAT = (EBIT + Interest Income) * (1 - Tax Rate) + Goodwill Amortization Total Assets — Current Liabilities + ST Debt + Accumulated Goodwill Amortization Return On Equity Net...