# EXHIBIT 154
From: Jes Staley <jes.staley@jornorgan.corn> To: leevacation@gmail.coms <jeevacation@gmail.com> Sent: 11/1/2009 1:37:54 PM Subject:

So when all hell breaks lose, and the world is crumbling, I will come here, and be at peace.

Presently, I'm in the hot tub with a of wine.

This is an amazing place. Truly amazing.

Next time, we're here together.

I owe you much. And I deeply appreciate our friendship. I have few so profound.

Best

Jes