# EXHIBIT 117
From Sent To: Subject jes Maley f rrday. December 7.2001 6.18 PM Re let rey Epstein

Mary would be great

les

Tad C. To les StaleyaglEMORGAN 12,07200' 0900 AM cc Subject Jeffrey Epstein

Jes - I showed the CPEP II secondary opportunity to Jeffrey lie sad he was rot interested in biddng based on ass write-downs taken to date in the JPMP direct portfolio I explained the accounting convention used to writedown investments in this portfolio and stressed t was too early for any gains to be realized I may gel Dave Kelso or John °tanner to dacuss tae nvestments wr him in mare detail.

Jonnifer Michell would like transfer the Epstein and Wexner relationship to my team. I Doug'', Mary Rath would be a good banker la help Laura Cameron and me cover Jeffrey She is smart, aggressive and I think would be able to interact well ve Jeffrey. Is tha O K wit you?

We would like to have a quck sl down vil you lo review our relationship he Jeffery.