Tazia Smith from Deutsche Bank Securities Inc. informs Jeffrey Epstein about the BRL step up notes in Southern Trust from JP, which are marking down more than 20%. The notes have a 15% barrier, and BRL is down 17% vs. USD from the initial strike. The final valuation dates are 3/20/14 and 4/14/14. Tazia seeks Jeffrey's view on the situation given the mark-to-market and his -10% rule.
documents/vol00010-efta01344639-pdf.pdf
{"key_people":["Jeffrey Epstein","Tazia Smith","Vahe Stepanian"],"document_date":"2013-11-12","document_type":"correspondence","key_locations":["New York, NY"],"key_organizations":["Deutsche Bank Securities Inc","Deutsche Asset & Wealth Management","Southern Trust"],"reference_numbers":["DB-SDNY-0030324","SDNY_GM_00176508","EFTA01344639"]}