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Morgan Stanley | RESEARCH
document IMAGES-008-HOUSE_OVERSIGHT_025587.txt Jan 29, 2018 House Oversight Committee — Epstein Estate Records (Nov 2025)

Morgan Stanley | RESEARCH INDUSTRY COVERAGE: Brokers & Asset Managers COMPANY (TICKER) Michael J. Cyprys, CFA, CPA Apollo Global Management LLC (APO.N) Ares Management, L.P. (ARES.N) BlackRock Inc. (BLK.N) Charles Schwab Corp (SCHW.N) E*Trade Financial Corp (ETFC.O) Franklin...

There are two caveats. First, we do not make policy recommendations. We try to help clarify
document IMAGES-006-HOUSE_OVERSIGHT_020831.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

There are two caveats. First, we do not make policy recommendations. We try to help clarify some of the issues in a straightforward, analytical way. We aim to present data, trends, and facts about USA Inc.’s key revenue and expense drivers to provide context for how its financial...

US - Aerospace and Defense Coverage Cluster
document IMAGES-003-HOUSE_OVERSIGHT_014640.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

US - Aerospace and Defense Coverage Cluster BofA Merrill Lynch Investment rating Company ticker Bloomberg symbol Analyst BUY AerCap Holdings NV. AER AER US Kristine T. Liwag Air Lease Corporation AL ALUS Kristine T. Liwag Bombardier Inc. YBBD B BBD/B CN Ronald J. Epstein Booz A...

Presentation Premise
document IMAGES-006-HOUSE_OVERSIGHT_020845.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Presentation Premise For America to remain the great country it has been for the past 235 years, it must determine the best ways to honor the government’s fundamental mission derived from the Constitution: ...to form a more perfect union, establish justice, insure domestic tran...

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...

Post-Death Actions of Foundation Affecting Estate Tax Value
email IMAGES-010-HOUSE_OVERSIGHT_029344.txt Dec 27, 2013 House Oversight Committee — Epstein Estate Records (Nov 2025)

…ge003.png; image004.png; image005.png | thought of you when | read this article. Was this your idea? Alan WALL STREET Texas Billionaire's Heirs Save Some Money on Taxes 10Jun 27, 2014 1:26 PM EDT By Matt Levine e a ° A Every so often I hear a story that I find rather wonderfu...

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...

Explaining our taste for excessive harm
document TEXT-001-HOUSE_OVERSIGHT_012747.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Explaining our taste for excessive harm Marc D. Hauser Viking/Penguin For Jacques and Bert Hauser, my parents, my friends, and my reminder that life should be lived to its fullest Hauser Evilicious. Front matter 2 Pleasure is the greatest incentive to evil. ⎯⎯ Plato To witness s...

National Pub date: February 19, 2019
document TEXT-001-HOUSE_OVERSIGHT_016804.txt Feb 19, 2019 House Oversight Committee — Epstein Estate Records (Nov 2025)

National Pub date: February 19, 2019 Title: DEEP THINKING Subtitle: Twenty-Five Ways of Looking at AI By: John Brockman Length: 90,000 words Headline: Science world luminary John Brockman assembles twenty-five of the most important scientific minds, people who have been thinking...

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...

Adam Bly (born 1981 in Montreal, Canada) is founder
document IMAGES-004-HOUSE_OVERSIGHT_017533.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…r. Scott Bolton is the Director of the Space Sciences Department at Southwest Research Institute (SwRI) in San Antonio, Texas. Dr. Bolton is also the Principal Investigator for the Juno project, a project within NASA’s New Frontiers Program. Prior to being Director at SwRI, Dr. B...

Norfolk Southern (NSC)
document IMAGES-003-HOUSE_OVERSIGHT_014638.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ated IPO activity. Upside risks are sooner than expected rate hike, or better than expected pickup in the tech sector. Texas Instruments Inc. (TXN) Our $82 PO on TXN is based on14x FY17E EV/EBITDA, in line with high quality diversified and analog peers trading at 14x-15x, given...

User Name: DAVID SCHOEN
document TEXT-001-HOUSE_OVERSIGHT_016509.txt Feb 28, 2019 House Oversight Committee — Epstein Estate Records (Nov 2025)

…gainst another context of endemic underenforcement - crimes against inmates. See Alysia Santo, Preying on Prisoners: In Texas, Staffers Rarely Go to Jail for Sexually Abusing Inmates, Marshall Project (June 7, 2015), https://www.themarshallproject.org/2015/06/17/preying-on-prison...

We use an equal weighted, three-factor valuation framework (P/E, P/TBV, DCF) to arrive
document IMAGES-002-HOUSE_OVERSIGHT_014387.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…iting credit provision forecasts. Downside risks are a double dip in home prices and a prolonged low rate environment. Texas Capital Bancshares Inc. (TCBI) We use a three-factor valuation framework (P/TBV, P/E, DCF) to arrive at our $74 price objective and assign a 1.7x multipl...