<table><tr><th>From:</th><th>Institutional Investor Daily</th></tr><tr><td>Sent:</td><td>Wednesday, December 14, 2011 4:29 PM</td></tr><tr><td>To:</td><td>jeeproject@yahoo.com</td></tr><tr><td>Subject:</td><td>Euro's Latest Low A Sign of Fresh Investor Doubt</td></tr></table>

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<http://ems.euromoney.com/ems/r.asp?cIndex=597023&=Index=1212506080&hurl=http%3A//www.institutionalinvestor.com> =!-- Newsletter Title -->Institutional Investor Daily Wednesda=, December 14, 2011 <=TR>
<http://=projectsline.com/iimag/images/x.gif> </=R> On InstitutionalInvestor.com today:
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=A style="PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 0px; PADDING-RIG=T: 0px; FONT-FAMILY: Georgia, 'Times New Roman', Arial; COLOR: #030303; FON=-SIZE: 18px; TEXT-DECORATION: none; PADDING-TOP: 0px"
href="http://ems.=uromoney.com/ems/r.asp?cIndex=597023&mIndex=1212506080&hurl=htt=%3A//www.institutionali
nvestor.com/Article/2948739/Euros-Latest-Low-A-S=gn-of-Fresh-Investor-Doubt.html">Euro's Latest Low A Sign of Fresh
In=estor Doubt

Euro's decline in va=ue to lowest point since January reflects poor returns and persistent fears=of sovereign defaults.

Read the f=ll story at institutionalinvestor.com.

<http://ems.euromoney.com/ems/r.asp?cIndex=597023&ml=dex=1212506080&hurl=http%3A//www.institutionalinvestor.com/Article/=948739/Euros-Latest-Low-A-Sign-of-Fresh-Investor-Doubt.html>

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=A style="PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 0px; PADDING-RIG=T: 0px; FONT-FAMILY: Georgia, 'Times New Roman', Arial; COLOR: #030303; FON=-SIZE: 18px; TEXT-DECORATION: none; PADDING-TOP: 0px" href="http://ems.=uromoney.com/ems/r.asp?cIndex=597023&mIndex=1212506080&hurl=htt=%3A//www.institutionali nvestor.com/Article/2948704/Should-Value-at-Risk=Be-Abandoned-Entirely.html">Should Value at Risk Be Abandoned Entirely?=/A>

Many banks are still u=ing the risk measure, known as Value at Risk (VaR), despite its failure lea=ing up to the 2008 financial meltdown.

Read the full story at institutionalinvestor.com.
<http://ems.euromoney.com/ems/r.asp?cl= dex=597023&mIndex=1212506080&hurl=http%3A//www.institutionalinvestor.com/Article/2948704/Should-Value-at-Risk-Be-Abandoned-Entirely.html>
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href="http://ems..=uromoney.com/ems/r.asp?cIndex=597023&mIndex=1212506080&hurl=htt=%3A//www.institutionali nvestor.com/Article/2948703/Hong-Kong-Dethrones-=nited-States-in-Latest-WEF-Rankings.html">Hong Kong Dethrones United St=tes in Latest WEF Rankings

World leaders to discu=s rankings, issues in Davos summit next month.

Read the full story at institutionalinvestor.com.=/A>
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tor.com/Article/2948703/Hong-Kong-Dethrones-United-States-in-Latest-=EF-Rankings.html>
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