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modified will not likely change the outlook. LM feels its strong positioning in global
document IMAGES-002-HOUSE_OVERSIGHT_014354.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

modified will not likely change the outlook. LM feels its strong positioning in global distribution and product sets bodes well to perform in a new fiduciary world. ¢ Additionally, a lower potential U.S. corporate tax rate will not change its cash tax rate which is likely to be...

Global Cross Asset Strategy —- Year Ahead Bankof America
document IMAGES-002-HOUSE_OVERSIGHT_014432.txt Nov 30, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

Global Cross Asset Strategy —- Year Ahead Bankof America The Trump inflection ape ce Investment Strategy 30 November 2016 Corrected Key takeaways ee « Market response to Trump is logical but moves have been frontloaded. We now see USD & rates only modestly higher next year. Jam...

How Do Miners Process Individual Transactions? Division
document IMAGES-008-HOUSE_OVERSIGHT_025670.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Investment oldman Soc Management How Do Miners Process Individual Transactions? Division Illustrative Schematic of a Bitcoin Transaction Step 2: Miners Verify the Transfer Request and add Step 3: Block Containing Bob and Alice’s Stemi Beb wants teipay Alice 05 Bie it to the n...

Cannabis Investment Report
document IMAGES-008-HOUSE_OVERSIGHT_024750.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Cannabis Investment Report December 2017 Emerging and Anticipated International Legal Cannabis Markets Country GDP Rank 2017 Estimated Adult Population (in millions) Select Countries with Medical or Recreational Laws Germany 4 Brazil 8 Italy g Canada 10 Australia 3 Mexico 1...

Cannabis Investment Report | December 2017
document IMAGES-008-HOUSE_OVERSIGHT_024744.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Cannabis Investment Report | December 2017 m U.S. Legalized Cannabis Market Forecast Forecast Methodology The cannabis industry is driven by consumers, similar to other highly regulated industries such as alco- hol, tobacco and pharmaceuticals. Consequently, our methodology fo...

Tax cuts can be faster-acting than spending programs because they obviate the
document IMAGES-001-HOUSE_OVERSIGHT_011108.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…nstruction period. Freshwater economists argue plausibly that they are likely to prove ineffective. They foresee “rational expectations” of taxpayers as predicting eventual restoration of the taxes when full employment resumes. This gives a motive to save the tax cut rather than...

How Might One Think About Turning Around USA Inc.?
document IMAGES-006-HOUSE_OVERSIGHT_020851.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…tions for reducing expenses by focusing on entitlement reform and operating efficiency — Formula changes could help Social Security's underfunding, but look too draconian for Medicare/Medicaid; the underlying healthcare cost dilemma requires business process restructuring and rea...

Cannabis Investment Report | December 2017
document IMAGES-008-HOUSE_OVERSIGHT_024746.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Cannabis Investment Report | December 2017 U.S. Legalized Cannabis Market: Consumer Penetration Rate 25% — Path to Federal Legalization FDA Approves Cannabis-Derived Pharmaceuticals 20% : More States Adopt Medical Cannabis Laws More States Adopt Recreational Laws 15% FDA Ro...

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...

Will Cohen Cooperate? Tenuous Finances May Provide Crucial Clues
email TEXT-001-HOUSE_OVERSIGHT_020437.txt Apr 27, 2018 House Oversight Committee — Epstein Estate Records (Nov 2025)

…2018 8:25:30 PM To: jeffrey E. [[email protected]] Subject: Will Cohen Cooperate? Tenuous Finances May Provide Crucial Clues Importance: High shockingly it appears he has some money in real estate deals_ Will Cohen Cooperate? Tenuous Finances May Provide Crucial Clues 2018-04...

Price objective basis & risk
document IMAGES-003-HOUSE_OVERSIGHT_014939.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Price objective basis & risk Alphabet (GOOGL / GOOG) Our price objective is $1025/$1025, representing 17x our core 2018 Google non-GAAP EPS estimate (excluding non-Google losses), plus $118/share in cash, or 21x core Google GAAP EPS plus cash. Alphabet has traded at 12-24x forw...

she noticed, Epstein ate all the
document IMAGES-006-HOUSE_OVERSIGHT_022114.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

‘TERSON she noticed, Epstein ate all the t for both of them. She found it osedly brilliant man had left for he Marquis de Sade. And then a one of Epstein’s assistants —a ho told her, “Jeffrey wanted me tly. slish features and flowing blond : then, with a bad case of morn- , some...

best risk return."
document IMAGES-007-HOUSE_OVERSIGHT_024138.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Summary "With the global economy continuing to muddle through, we believe that US corporate bonds offer the best risk return." 36 UBS Economy The successful formation of a Greek government after the June 17 elections has reduced the risk of an imminent Greek exit from the Eur...