EFTA00200833¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
| | |¶
| :--- | :--- |¶
| ACCOUNT EXECUTIVE | ZICHERMAN, IRA |¶
| TELEPHONE | |¶
| VISIT OUR WEBSITE | www.bearstearns.com |¶
What’s In This Statement¶
Financial Summary 3¶
Your Portfolio Holdings … 4¶
Transaction Detail … 6¶
Fund Activity 6¶
Your Messages 8¶
JEFFREY EPSTEIN¶
C/O FINANCIAL TRUST COMPANY¶
ATTN JEANNE BRENAN¶
6100 RED HOOK QUATER B-3¶
ST THOMAS VI 00802¶
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
Your Portfolio at a Glance¶
| TOTAL VALUE OF SECURITIES THIS PERIOD* | 4,021,818 |
| NET CREDIT BALANCE | 116 |
| MONEY MARKET FUND BALANCE | 404,497 |
| NET EQUITY THIS PERIOD | $4,426,431 |
| NET EQUITY LAST STATEMENT | 4,507,195 |
| CHANGE SINCE LAST STATEMENT | -80,764 |
| *This portfolio includes one or more unpriced securities that are not reflected in the Total Value of Securities and the Net Equity This Period.* | |
| LAST STATEMENT | August 31, 2004 |¶
| :--- | :--- |¶
There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account.¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
STATEMENT PERIOD September 1, 2004¶
JEFFREY EPSTEIN¶
THROUGH September 30, 2004¶
Market Value of Your Portfolio¶
Please report any difference or non-receipt of checks or stocks, indicated as delivered to you, to Client Services at 800-634-1428; or write to Client Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859.¶
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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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
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Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859¶
JEFFREY EPSTEIN¶
STATEMENT BACKER IS PRINTED ON THIS PAGE¶
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BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
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Cash Flow Analysis¶
| THIS PERIOD | |
| OpeningBalance | $386,818.60 |
| Dividends/Interest | 17,794.07 |
| Amount Credited | $17,794.07 |
| Money Fund | -404,496.89 |
| Amount Debited | $-404,496.89 |
| Net Cash Activity | -386,702.82 |
| ClosingBalance | $115.78 |
Cash Balance Summary¶
| OPENING | CLOSING | |
| Cash | 386,818.60 | 115.78 |
| Net Cash Balance | $386,818.60 | $115.78 |
Income Summary¶
| THIS PERIOD | YEAR TO DATE | |
|---|---|---|
| Dividends | 17,678.29 | 75,467.07 |
| Credit Balance Int. | 115.78 | 840.11 |
| Total | $17,794.07 | $76,307.18 |
Portfolio Composition¶
| Cash/Cash Equivalent | 404,613 |
| Equities | 4,021,818 |
| Total | $4,426,431 |
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
STATEMENT PERIOD September 1, 2004¶
JEFFREY EPSTEIN¶
THROUGH September 30, 2004¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
Your Portfolio Allocation¶
| LAST STATEMENT | August 31, 2004 |¶
| :--- | :--- |¶
EFTA00200836¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
4 of 9¶
JEFFREY EPSTEIN¶
STATEMENT PERIOD September 1, 2004¶
Your Portfolio Holdings¶
CASH & CASH EQUIVALENTS¶
THROUGH September 30, 2004¶
AGCOUNT NUMBER¶
| DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|
| CASH BALANCE | 116 | |||||
| DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 1,5500% | DICXX | 404,496.89 | 1.0000 | 404,497 | 5,258 | 1.2999 |
| TOTAL CASH & CASH EQUIVALENTS | $404,613 | $5,258 |
TAXPAYER NUMBER On File¶
| LAST STATEMENT | August 31, 2004 |¶
| :--- | :--- |¶
EQUITIES¶
The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the Firm’s Equity Research Department. The first rating represents the stock’s total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: O = Outperform; P = Peer Perform; U = Underperform. The second rating represents the rating of the coverage universe relative to the regional broader market index. The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight; MU = Market Underweight. In cases where a BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed, where such research is available. The various providers have normalized their ratings systems as follows: B = Buy; H = Hold; S = Sell. The ratings information contained herein is for informational purposes only and is not intended to provide tax, legal or investment advice. Bear Stearns is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent, third-party research provider. The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons.¶
Equities & Options¶
Independent, third-party research on certain companies covered by the Firm’s research is available to customers of Bear Stearns at no cost. Customers can access this research at www.bearstearns.com or can call (800) 517-2327 to request that a copy of this research be sent to them.¶
| DESCRIPTION | SYMBOL/CUSIP | ACCT TYPE | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|---|
| CANHORN CHEMICAL CORP | CNCPF | CASH | 19 | Unpriced | |||
| FELCOR LODGING TRUST INC BSC RATING: STOCK U/SECTOR MW GREEN STREET ADVISORS, INC. RATING: S | FCH | CASH | 2,000 | 11.3100 | 22,620 |
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BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY¶
Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859¶
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Your Portfolio Holdings (continued)¶
Equities & Options (continued)¶
JEFFREY EPSTEIN¶
| DESCRIPTION | SYMBOL/CUSIP | ACCT TYPE | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|---|
| GLENBOROUGH REALTY TRUST INC BSC RATING: STOCK P/SECTOR MW SABRIENT SYSTEMS, L.L.C. RATING: H | GLB | CASH | 2,000 | 20.7700 | 41,540 | 2,800 | 6.7405 |
| GLIMCHER REALTY TRUST-SBI | GRT | CASH | 2,000 | 24.3000 | 48,600 | 3,846 | 7.9136 |
| HRPT PROPERTIES TR-SBI | HRP | CASH | 10,000 | 10.9900 | 109,900 | 8,400 | 7.6433 |
| HOSPITALITY PROPERTIES TRUST SBI | HPT | CASH | 2,000 | 42.4900 | 84,980 | 5,760 | 6.7781 |
| JOHNSON & JOHNSON BSC RATING: STOCK P/SECTOR MW BUCKINGHAM RESEARCH RATING: H | JNJ | CASH | 57,800 | 56.3300 | 3,255,874 | 65,892 | 2.0238 |
| KRAMONT REALTY TRUST | KRT | CASH | 2,000 | 18.6000 | 37,200 | 2,600 | 6.9892 |
| PAN PACIFIC RETAIL PROPERTIES INC | PNP | CASH | 436 | 54.1000 | 23,588 | 946 | 4.0105 |
| PENINSYLVANIA REAL ESTATE INVESTMENT TRUST-SBI | PEI | CASH | 1,794 | 38.6600 | 69,356 | 3,875 | 5.5871 |
| RAMCO GERSHENSON PROPERTIES TRUST-MD SBI | RPT | CASH | 12,000 | 27.0800 | 324,960 | 20,160 | 6.2038 |
| SIRIUS SATELLITE RADIO INC BSC RATING: STOCK O/SECTOR MW ATLANTIS RESEARCH RATING: H | SIRI | CASH | 1,000 | 3.2000 | 3,200 | ||
| Total Equities& Options | $4,021,818 | $114,279 | |||||
| TOTAL EQUITIES | $4,021,818 | $114,279 |
STATEMENT PERIOD September 1, 2004¶
THROUGH September 30, 2004¶
AGCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | August 31, 2004 |¶
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EFTA00200838¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS¶
CLEARLY WOUNDED SUBSIDIARY¶
6 of 9¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
JEFFREY EPSTEIN¶
Your Portfolio Holdings (continued)¶
STATEMENT PERIOD September 1, 2004¶
THROUGH September 30, 2004¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | August 31, 2004 |¶
| :--- | :--- |¶
| YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME | $119,537 |
| YOUR PRICED PORTFOLIOHOLDINGS | $4,426,431 |
Transaction Detail¶
MONEY FUND ACTIVITY¶
| DATE MO/DAY | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|---|
| 09/01/04 | OPENINGBALANCE | 0.00 |
| 09/02/04 | BOUGHT | DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES | DICXX | 386,818.60 | 1.0000 | 386,818.60 |
| 09/15/04 | BOUGHT | DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES | DICXX | 17,678.29 | 1.0000 | 17,678.29 |
| 09/30/04 | CLOSINGBALANCE | 404,496.89 | |
| TOTAL | -404,496.89 |
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BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
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JEFFREY EPSTEIN¶
Transaction Detail (continued)¶
STATEMENT PERIOD September 1, 2004¶
THROUGH September 30, 2004¶
DIVIDENDS¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | August 31, 2004 |¶
| :--- | :--- |¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE ($) | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|
| 09/07/04 | JOHNSON & JOHNSON REC 08/17/04 PAY 09/07/04 | JNJ | 57,800 | 0.2850 | 16,473.00 | |
| 09/15/04 | PAN PACIFIC RETAIL PROPERTIES INC REC 08/27/04 PAY 09/15/04 | PNP | 436 | 0.5425 | 236.53 | |
| 09/15/04 | PENNSYLVANIA REAL ESTATE INVESTMENT TRUST-SBI REC 09/01/04 PAY 09/15/04 | PEI | 1,794 | 0.5400 | 968.76 | |
| TOTAL | $17,678.29 | |||||
INTEREST¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE (%) | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|
| 09/21/04 | INTEREST ON CREDIT BALANCE ACCT AT 00,87500% 08/21 - 09/20 | 115.78 | ||||
| TOTAL | $115.78 | |||||
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EFTA00200840¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶
8 of 9¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
JEFFREY EPSTEIN¶
STATEMENT PERIOD September 1, 2004¶
Your messages¶
Bear, Stearns Securities Corp, Net Capital and Net Capital Requirements:¶
THROUGH September 30, 2004¶
A complete copy of the Bear, Stearns Securities Corp, Statement of Financial Condition is available on the web site www.bearstearns.com. Alternatively, to request a free printed copy please call - toll free 1-866-299-9331.¶
AGCOUNT NUMBER¶
At May 31, 2004 and July 31, 2004, the Company’s net capital of approximately $3.6 billion and $3.6 billion was approximately 6.8% and 6.5% of aggregate debit items and exceeded the minimum regulatory net capital requirement of approximately $1.1 billion and $1.1 billion by approximately $2.5 billion and $2.5 billion, all respectively.¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | August 31, 2004 |¶
| :--- | :--- |¶
Securities and other assets in your account are the firm’s collateral for any margin loan made to you. If the securities and other assets in your account decline in value, so does the value of the collateral supporting your loan, and, as a result, the firm can take action, such as issue a margin call and/or sell securities or other assets in any of your accounts held with the member, in order to maintain the required equity in the account. It is important that you fully understand the risks involved in trading securities on margin. These risks include the following:¶
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You can lose more funds than you deposit in the margin account,
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The firm can force the sale of securities or other assets in your account(s).
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The firm can sell your securities or other assets without contacting you.
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You are not entitled to choose which securities or other assets in your account(s) are liquidated or sold to meet a margin call.
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The firm can increase its “house” maintenance margin requirements at any time and is not required to provide you advance written notice.
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You are not entitled to an extension of time on a margin call.
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EFTA00200841¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
9 of 9¶
Bear, Steams Securities Corp.¶
One Metrotech Center North Brooklyn, New York 11201-3859¶
JEFFREY EPSTEIN¶
This statement is provided to explain Bear, Stearns & Co. Inc.’s (“BSC”) payment for order flow practices.¶
BSC routes a majority of orders for customer securities transactions to the primary market for such securities. Orders may also be routed to other market service vendors that assure executions pursuant to complex mathematical formulas at better than the national best bid or best offer (NBBO). BSC receives no cash payment or other consideration for such order routing other than favorable executions or executions of limit orders at no additional charge.¶
Pursuant to SEC Rule 11Ac1-6, please note the following:¶
Bear, Stearns & Co., Inc. will post its quarterly routing statistics at the following web link: http://www.bearstearns.com. Click on Individual Investor, Click on Equities, Click on Order Routing Practices.¶
Customers of Bear, Stearns & Co. Inc. may request information on any order executed within the prior six months from the time of the request. Specifically, you may request the identity of the venue to which the identified orders were routed for execution, whether the order was directed by you to that venue, and the time of the executions, if any, that resulted from such orders.¶
******* End of Statement*******¶
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