<table><tr><th>From:</th><th>Richard Kahn</th></tr><tr><td>Sent:
To:</td><td>Monday, February 8, 2016 3:12 PM
Jeffrey E.</td></tr><tr><td>Subject:</td><td>Why a selloff in European banks is ominous</td></tr></table>

http://www.marketwatch.com/story/why-a-selloff-in-european-banks-is-ominous-2016-02-07

Richard Kahn
HBRK Associates Inc.
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New York, NY 10022
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