To: Jeffrey Epstein[jeevacation@gmail.com]
From:

Sent: Tue 11/3/2009 10:48:49 PM

Subject: Basic Idea

JEDS, your investment office with big S - not committed, pledged only (you are final decision maker)

office in london and beijing within JPM - (JEDS, private investment arm of JPM ?)

JPM finances operation (4m/year?) and get co-investment rights, access to IB services we bring, access to Chinese wealth, right to buy stake in business later when it grows, etc...

We make deals and take a fee of all things where jpm participate/bring to them.

I run it for you, team can be ready in 12 weeks.

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