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four year, license agreement with Aetrex Worldwide, Inc. GTX Corp’s eight patents for the GPS
document IMAGES-004-HOUSE_OVERSIGHT_018174.txt Jun 9, 2010 House Oversight Committee — Epstein Estate Records (Nov 2025)

four year, license agreement with Aetrex Worldwide, Inc. GTX Corp’s eight patents for the GPS Shoe cover a GPS transceiver module that is placed within the footwear and transmission of location coordinates to a central monitoring station which disseminates the location data throu...

Approaching 100% of GDP
document IMAGES-006-HOUSE_OVERSIGHT_021070.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…GDP USA Gross Federal Debt as % of GDP, 1940 — 2010 FIT wm — ee a = es me nn = i me Hs Ss 100% 80% 60% Debt Held By the Public Gross Debt As % of GDP 40% 20% 0% [ T T T T T T T 1940 1946 1952 1958 1964 1970 1976 1982 1988 1994 2000 2006 KP. Source: White House OMB. i USA...

Created and Compiled by Mary Meeker
document IMAGES-006-HOUSE_OVERSIGHT_020825.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

About USA Inc. Created and Compiled by Mary Meeker February 2011 This report looks at the federal government as if it were a business, with the goal of informing the debate about our nation’s financial situation and outlook. In it, we examine USA Inc.’s income statement and bal...

Cite as 349 F.Supp.2d 765 (S.D.N.Y. 2005)
document IMAGES-004-HOUSE_OVERSIGHT_017892.txt Sep 11, 2001 House Oversight Committee — Epstein Estate Records (Nov 2025)

…O is an unusually potent weapon . ‘courts should strive to flush out frivo- lous RICO allegations at an early stage of the litigation.’” Katzman v. Victoria’s Se- cret, 167 F.R.D. 649, 655 (S.D.N.Y.1996). [74] The Federal complaint asserts a RICO claim under § 1962(a), which st...

Millions of Americans have come to rely on Medicare and Medicaid — and spending has
document IMAGES-006-HOUSE_OVERSIGHT_020833.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…and spending has skyrocketed, to 21% of USA Inc.’s total expenses (or $724B) in F2010, up from 5% forty years ago. Together, Medicaid and Medicare — the programs providing health insurance to low-income households and the elderly, respectively — now account for 35% of total heal...

e Total government spending on healthcare (including Medicare, Medicaid and
document IMAGES-006-HOUSE_OVERSIGHT_020895.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Think About That... e Total government spending on healthcare (including Medicare, Medicaid and other programs) has risen 7x from 1.2% of GDP in 1960 to 8.2% in 2009 while total government spending on education has risen only 0.6x from 4% of GDP in 1960 to 6% in 2009. e Medicar...

Drive Sustainable 1 = 1
document IMAGES-006-HOUSE_OVERSIGHT_021033.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

….com USA Inc. | What Might a Turnaround Expert Consider? 383 Employment = Key to Growth in Federal Revenue & Expenses The deficit problem is exacerbated by the business cycle. A stagnant or declining job market means lower income (via tax revenue) and higher outlays (via entit...

Drill Down on One-Time Charges
document IMAGES-006-HOUSE_OVERSIGHT_020932.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… charges are directly or indirectly related to America’s real estate bubble and aggressive borrowing. First we look at the drivers of the real estate bubble (we call it ‘anatomy of a real estate bubble’), then we drill down on the past / present / future financial impact of the...

Debt Composition: Foreign Investors & Governments
document IMAGES-006-HOUSE_OVERSIGHT_020927.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…utual Funds a State & Local Governments = Private Pension Funds a Depository Institutions = Insurance Companies a Other Investors Note: Public debt ownership excludes Government Accounts Series (such as Social Security Trust Fund) as those holdings KP are intra-government a...

And What You Won't
document IMAGES-006-HOUSE_OVERSIGHT_020847.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

...And What You Won't We do not make policy recommendations. We try to help clarify some of the issues in a simple, analytically-based way. We aim to present data, trends, and facts about USA Inc.’s key revenue and expense drivers to provide context for how its financials have r...

US - Internet Coverage Cluster
document IMAGES-003-HOUSE_OVERSIGHT_014642.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

US - Internet Coverage Cluster BofA Merrill Lynch Investment rating Company ticker Bloomberg symbol Analyst BUY Alphabet GOOGL GOOGL US Justin Post Alphabet GOOG GOOG US Justin Post Amazon.com AMZN AMZN US Justin Post Bankrate RATE RATE US Nat Schindler eBay EBAY EBAY US Justin...

Medicare: Complex Social Insurance Program
document IMAGES-006-HOUSE_OVERSIGHT_020892.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…surance Program With Insufficient Funding e Social Insurance Program — Created in 1965 to provide health insurance to the elderly (65+). e Four Parts — A) Hospital Insurance (to cover inpatient expenses, introduced in 1965); B) Medical Insurance (optional outpatient expenses,...

TIMOTHY FERRISS, nominated as one of Fast Company’s “Most Innovative Business People of 2007,” is
document IMAGES-002-HOUSE_OVERSIGHT_014035.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…RRISS, nominated as one of Fast Company’s “Most Innovative Business People of 2007,” is an angel investor and author of the #1 New York Times, Wall Street Journal, and BusinessWeek bestseller The 4-Hour Workweek, which has been sold into 35 languages. He has been featured by mor...

Drive Growth: Education
document IMAGES-006-HOUSE_OVERSIGHT_021030.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Drive Growth: Education Better Education Improves General Labor Quality and Enables Specialization For More Efficiency KP www.kpcb.com USA Inc. | What Might a Turnaround Expert Consider? 377 Education = High Long-Term ROI* Investment Each $1 of Government Spending Could Gener...

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

…ur $60 PO, assigning a 0.9x multiple to 2017E TBV and 11x multiple on '17E blended NA and EM earnings. We have weighted the P/E and P/TBV factors equally at 40%, and our DCF analysis by 20%. Near term, we view C's current market multiple as overly discounted, but expect money ce...