EFTA00195532¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
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| ACCOUNT EXECUTIVE | GNMA GOVT BOND |¶
| VISIT OUR WEBSITE | www.bearstearns.com |¶
What’s In This Statement¶
Financial Summary 1¶
Your Portfolio Holdings … 1¶
Your Messages … 2¶
| FINANCIAL TRUST CO INC |
| C/O JEFFREY EPSTEIN |
| 6100 RED HOOK QUARTER |
| ST B3 |
| ST THOMAS VI 00802 |
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSIDIARY¶
Cash Flow Analysis¶
| THIS PERIOD | |
|---|---|
| Opening Balance | -0.02 |
| Closing Balance | -0.02 |
Cash Balance Summary¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
| LAST STATEMENT | March 31, 2006 |¶
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AGCOUNT NUMBER¶
| OPENING | CLOSING | |
| Margin | -0.02 | -0.02 |
| Net Cash Balance | $-0.02 | $-0.02 |
TAXPAYER NUMBER On File¶
THROUGH June 30, 2006¶
STATEMENT PERIOD June 1, 2006¶
FINANCIAL TRUST CO INC¶
Portfolio Composition¶
| SHORT | LONG |¶
| :--- | :--- |¶
Your Portfolio Holdings¶
CASH & CASH EQUIVALENTS¶
| DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|
| CASH BALANCE | ||||||
| TOTAL CASH & CASH EQUIVALENTS | ||||||
027¶
This summary is for informational purposes only. It is not intended as a tax document.¶
This statement should be retained for your records. See reverse side for important information.¶
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EFTA00195533¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
2 of 3¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
NOTICE OF CHANGE PURSUANT TO TRUTH IN LENDING SEC RULE 10b-16¶
The annual rate of interest charged on any credit extended to you by Bear, Stearns Securities Corp. (“BSSC”) for the purpose of purchasing, carrying or trading in any security or other property shall continue to be based on either the BSSC Margin Basis Rate, the BSSC Fed Funds Rate or the London Interbank Offered Rate (“LIBOR”), as notified to you upon request. The BSSC Margin Basis Rate will be quoted each business day by BSSC at our main office in New York. Factors affecting the determination of the BSSC Margin Basis Rate will include the short-term market interest rates quoted by money center banks and the Federal Reserve and the rate that BSSC is charged for borrowing money.¶
The purpose of this notice is to advise you that effective no earlier than thirty (30) days from your receipt of this statement:¶
Your messages¶
If BSSC makes changes in any of the credit terms and conditions described herein or if a change is required by law, we will notify you of such change within a reasonable period of time, unless such change results in the same or a higher rate to you, in which case we will provide you at least 30 days’ prior written notice. The annual rate of interest you are charged may fluctuate with changes in the BSSC Margin Basis Rate, the BSSC Fed Funds Rate, LIBOR, any of the rates quoted by Reuters or the rate provided by BSSC’s local bank. The changes in rates resulting from this fluctuation will be made without prior notice to you (as contrasted with changes in the credit terms and conditions, notice of which will be provided as described above).¶
The Truth-in-Lending disclosure previously provided to you shall continue to apply except as specifically noted above.¶
027¶
FINANCIAL TRUST CO INC¶
STATEMENT PERIOD June 1, 2006¶
THROUGH June 30, 2006¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | March 31, 2006 |¶
| :--- | :--- |¶
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The BSSC Fed Funds Rate shall be the rate for U.S. dollar funds, as quoted by an independent broker of such funds selected by BSSC for the first transaction completed on the opening of the business day on which such rate is determined.
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The rate of interest charged to you on any such credit extended to you in a currency other than US dollars shall be based on either (i) LIBOR, as such rate is compiled by the British Bankers Association and published on Bloomberg or Reuters, or (ii) any other rate quoted by Reuters that is applicable to the currency in which the obligation is denominated or, if a rate for such currency is not quoted by Reuters, the rate provided by BSSC’s local bank, as notified to you on request.
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In either case, the annual rate of interest will not exceed a specified percentage above the applicable rate, specifically (i) 3% above the BSSC Margin Basis Rate, (ii) 4% above the BSSC Fed Funds Rate, or (iii) 5% above LIBOR, any rate quoted by Reuters or the rate provided by BSSC’s local bank, and will appear on your monthly statements.
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The amount lent to you by BSSC upon which you are charged interest may include purchases of securities for which payment is made by check for which BSSC has not yet received credit.
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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
3 of 3¶
Bear, Steams Securities Corp. One Metratech Center North Brooklyn, New York 11201-3859¶
FINANCIAL TRUST CO INC¶
STATEMENT BACKER IS PRINTED ON THIS PAGE¶
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