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Table 17: Examples of management contracts
document IMAGES-003-HOUSE_OVERSIGHT_016165.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…e roll-out likely to boost private volumes Longer-term, the roll-out of private insurance would likely have a positive impact on volumes available for incumbent operators to capture. This will depend though on the available capacity of private operators at that time and level at...

helped cushion portfolio returns when markets declined. We won’t know until the data comes in, but w
document IMAGES-008-HOUSE_OVERSIGHT_025227.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…dequate bank capitalization; weak labor compensation as an Achilles heel of the US profits recovery, given its negative impact on spending; the political divide in Congress over how to deal with falling government revenue and rising entitlement spending; inflation risks in Asia a...

COLLABORATIVE INSIGHTS February 25, 2019
document IMAGES-008-HOUSE_OVERSIGHT_024887.txt Feb 25, 2019 House Oversight Committee — Epstein Estate Records (Nov 2025)

…vironment and social responsibility in its mission statement, views hemp as a “natural fiber that’s cultivated with low impact on the environment.” The brand’s assortment includes some hemp-based products made with 100% hemp, which it imports from China, or blended with other fib...

Nava and I voted, we attended an event for Labor supporters north of Tel Aviv
document IMAGES-001-HOUSE_OVERSIGHT_011788.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ings came as a shock: Barak, of One Israel, 58.5 percent; Netanyahu, Likud, 41.5 percent. It was a landslide. The full impact hit me only when I got to the fifth-floor suite in the Dan Hotel in Tel Aviv, our election-night headquarters. My three brothers, and Nava and our daught...

costs. Hospitals would be under pressure to be more flexible on prices to avoid any
document IMAGES-003-HOUSE_OVERSIGHT_016164.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

costs. Hospitals would be under pressure to be more flexible on prices to avoid any pressure should lower-cost packages impact their volumes. Vision implies a long process To us, the government's vision implies a two stage process over a long time-frame: e Inthe short-term: imp...

Emerging market equities
document IMAGES-007-HOUSE_OVERSIGHT_024154.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ses, but the exchange rate matters, too. Recent declines in oil prices are helping to reverse some of the inflationary impact Preference: overweight Recommendations Tactical (6 months) e In Asia, we expect Chinese equities to benefit as the Chinese economy avoids a hard land...

Morgan Stanley | RESEARCH
document IMAGES-008-HOUSE_OVERSIGHT_025569.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…9.5x. Although we use the higher multiple, this is on a lower value of fully taxed future performance fee earnings. The impact to valua- tion of future performance fees are mixed from company and can be seen in greater detail in the following appendix with company specific SOTP a...

Fwd: 2016 Election: Tax Changes Expected
email TEXT-001-HOUSE_OVERSIGHT_014516.txt Dec 15, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

…made during the campaign by both President-elect Trump and the House Republicans. We also discuss how these changes may impact your planning, both currently and in the future. Bank of America Merrill Lynch does not provide tax, accounting, regulatory or legal advice. Please consu...

° In November of 2006, at an event launching the new Center for Inquiry in Washington D.C., you met
document IMAGES-011-HOUSE_OVERSIGHT_031438.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…efore setting foot on the campus again. ° The letter also stated, “Dr. Krauss expressed regret about having a negative impact on you, and also his willingness to use this complaint as an opportunity to reflect and improve on his future interactions with students.” ° By then, yo...

Jakob Kellenberger
document IMAGES-004-HOUSE_OVERSIGHT_017083.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…rner Broadcasting System Inc. NYSE Euronext MercyCorps IHS University of Washington, iScale (Innovations for Scaling Impact) Right Start Foundation International Islamic Foundation for Ecology and Environmental Sciences Bahrain Telecommunications Co. (BATELCO) Bahrain Econ...

when China’s leadership intervened in the local
document IMAGES-003-HOUSE_OVERSIGHT_014565.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… all else being equal. Financial conditions are the mechanism by which shocks from China would have the most immediate impact on key developed economies such as the US. As mentioned above, one of the triggers of US recessions has been economic imbalances. While we do not see su...

Last year witnessed a growing repudiation of
document IMAGES-003-HOUSE_OVERSIGHT_014571.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… As we begin 2017, these winds of change are gaining force. Central banks are acknowledging the often counterproductive impact of ultra-easy monetary policy and shifting attention to the eventual withdrawal of accommodation. At the same time, the recovery in commodity prices and...

Equity volatility has been unusually low for much of 2017
document IMAGES-001-HOUSE_OVERSIGHT_012097.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…e how these strategies, in concert with various rapid fire trades generated by machine-learning based algorithms, could impact market movement and liquidity should there be an exogenous shock. Only time will tell. exposures Fear vs. Greed There is an adage that one should be f...