Datasets:

robbd
/

epstein-index

title: DOJ Epstein Files, Data Set 9 (EFTA00196364)
source: DOJ Epstein Files, Data Set 9
sourceUrl: https://huggingface.co/datasets/ishumilin/epstein-files-ocr-complete
date: '2026-01-01'
category: DOJ Data Set
eftaNumber: EFTA00196364
ocrPages: 0
ocrChars: 30992
ocrElapsed: 0
parseTier: external
engine: ishumilin OCR pipeline (engine undisclosed; CC0 mirror)
externalSource: ishumilin-ocr-complete
externalLicense: CC0-1.0
externalCredit: ishumilin/epstein-files-ocr-complete (Hugging Face)
externalUrl: https://huggingface.co/datasets/ishumilin/epstein-files-ocr-complete

Statements

EFTA00196364

OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179

| | |

| :--- | :--- |

| ACCOUNT EXECUTIVE | FIRM |

| VISIT OUR WEBSITE | www.bearstearns.com |

What’s In This Statement

Financial Summary	3
Transaction Detail	3

```markdown


```markdown

CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY

FINANCIAL TRUST CO INC

C/O JEFFREY EPSTEIN

6100 RED HOOK CENTER

SUITE 63

ST THOMAS VI 00802


Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

Your Portfolio at a Glance

ACCOUNT NUMBER

STATEMENT PERIOD September 1, 2004

TAXPAYER NUMBER Not Available

THROUGH September 30, 2004

| LAST STATEMENT | August 31, 2004 |

| :--- | :--- |

FINANCIAL TRUST CO INC

Market Value of Your Portfolio

	Cash&Equivalent	$0	-168,945
NET EQUITY THIS PERIOD	0
NET EQUITY LAST STATEMENT	-168,945	Last statement's market value	Short market value
CHANGE SINCE LAST STATEMENT	168,945		Short market value

There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account.

SIPC	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.
027	10/01/04:07:49 001

V863

EFTA00196365


CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY

2 of 4

Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859

FINANCIAL TRUST CO INC

STATEMENT BACKER IS PRINTED ON THIS PAGE

027

EFTA00196366


BEAR
STEARNS

OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179

3 of 4

Cash Flow Analysis

	THIS PERIOD
OpeningBalance	-168,945.31
Securities Sold	168,945.31
Miscellaneous	10.32
Amount Credited	$168,955.63
Dividends/Interest Charged	-10.32
Amount Debited	-10.32
Net Cash Activity	168,945.31
ClosingBalance	$0.00

Cash Balance Summary

	OPENING	CLOSING
Margin	-168,945.31	0.00
Net Cash Balance	$-168,945.31	$0.00

Income Summary

Income Summary
	THIS PERIOD	YEAR TO DATE
Margin Int. Paid	-10.32	-89.77

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY

Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859

INVESTMENT ACTIVITY

```markdown

Transaction Detail


FINANCIAL TRUST CO INC

<table><thead><tr><th>STATEMENT PERIOD</th><td>September 1, 2004</td></tr></thead><tbody><tr><td>THROUGH</td><td>September 30, 2004</td></tr><tr><td>ACCOUNT NUMBER</td><td></td></tr><tr><td>TAXPAYER NUMBER</td><td>Not Available</td></tr><tr><td>LAST STATEMENT</td><td>August 31, 2004</td></tr></tbody></table>

<table><thead><tr><th>SETTLEMENT DATE</th><th>TRADE DATE</th><th>TRANSACTION</th><th>DESCRIPTION</th><th>SYMBOL/CUSIP</th><th>QUANTITY</th><th>PRICE</th><th>DEBIT AMOUNT</th><th>CREDIT AMOUNT</th></tr></thead><tbody><tr><td>09/01/04</td><td>08/30/04</td><td>CANCEL BUY</td><td>CALL TSY 4 3/4 08/14<br>EUROCALL STRK 101-8<br>EXP 10/08/2004<br>A/O S/D 08/31/04<br>AS OF 08/30/04<br>TO CXL PREVIOUS BUY</td><td>9Z72250</td><td>-25,000,000</td><td>0.67578</td><td></td><td>168,945.31</td></tr><tr><td colspan="8">TOTAL</td><td>$168,945.31</td></tr></tbody></table>

027

```markdown

10/01/04;07:49 001

EFTA00196367

```markdown

BEAR STEARNS


OFFICE SERVICING YOUR ACCOUNT

Bear, Stearns & Co. Inc.
383 Madison Avenue
New York, New York 10179

```markdown

CLEARED THROUGH ITS

CLEARLY WOUNDED SUBSIDIARY

Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

4 of 4

FINANCIAL TRUST CO INC

Transaction Detail (continued)

STATEMENT PERIOD September 1, 2004

```markdown

INTEREST


THROUGH September 30, 2004

ACCOUNT NUMBER

TAXPAYER NUMBER Not Available

| LAST STATEMENT | August 31, 2004 |

| :--- | :--- |

<table><thead><tr><th>DATE</th><th>DESCRIPTION</th><th>SYMBOL/CUSIP</th><th>QUANTITY</th><th>RATE (%)</th><th>DEBIT AMOUNT</th><th>CREDIT AMOUNT</th></tr></thead><tbody><tr><td rowspan="2">09/01/04</td><td>AVG BAL 168,945RT 2.199</td><td></td><td></td><td></td><td>10.32</td><td></td></tr><tr><td>021 OFFICE INTEREST 0804</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>TOTAL</td><td></td><td></td><td></td><td></td><td>-10.32</td><td></td></tr></tbody></table>

## MISCELLANEOUS

<table border="1"><tr><td>DATE
MO/DAY</td><td>TRANSACTION</td><td>DESCRIPTION</td><td>DEBIT AMOUNT</td><td>CREDIT AMOUNT</td></tr><tr><td>09/02/04</td><td>JOURNAL</td><td>FITO FITM</td><td></td><td>10.32</td></tr><tr><td>TOTAL</td><td></td><td></td><td></td><td>$10.32</td></tr></table>



```markdown

******* End of Statement*******

027


10/01/04;07:49 001

V863

EFTA00196368

OFFICE SERVICING YOUR ACCOUNT

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179

| | |

| :--- | :--- |

| ACCOUNT EXECUTIVE | FIRM |

| VISIT OUR WEBSITE | www.bearstearns.com |

What’s In This Statement

Financial Summary 3

Your Portfolio Holdings ... 3

Transaction Detail 4

```markdown


```markdown

CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY

FINANCIAL TRUST CO INC

C/O JEFFREY EPSTEIN

6100 RED HOOK CENTER

SUITE 63

ST THOMAS VI 00802

Bear, Steams Securities Corp.

One Metratech Center North

Brooklyn, New York 11201-3859

TAXPAYER NUMBER Not Available

| LAST STATEMENT | July 30, 2004 |

| :--- | :--- |

Your Portfolio at a Glance

ACCOUNT NUMBER

| NET DEBIT BALANCE | -168,945 |

| :--- | :--- |

THROUGH August 31, 2004

STATEMENT PERIOD July 31, 2004

FINANCIAL TRUST CO INC

There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account.

CHANGE SINCE LAST STATEMENT	-168,945

| NET EQUITY LAST STATEMENT | 0 |

| :--- | :--- |

*This portfolio includes one or more unpriced securities that are not reflected in the Total Value of Securities and the Net Equity This Period.

Market Value of Your Portfolio

Last statement's market value

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.

027 09/01/04:08:31 001

V862

EFTA00196369


CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY

2 of 4

Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859

FINANCIAL TRUST CO INC

STATEMENT BACKER IS PRINTED ON THIS PAGE

027

EFTA00196370


BEAR
STEARNS

OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179

3 of 4

Cash Flow Analysis

	THIS PERIOD
Opening Balance	$0.00
Securities Bought	-168,945.31
Amount Debited	$-168,945.31
Net Cash Activity	-168,945.31
Closing Balance	$-168,945.31

Income Summary

	THIS PERIOD	YEAR TO DATE
Margin Int. Paid	0.00	-79.45


CLEARED THROUGH ITS
WHOLLY OWNED SUBSDIARY

Portfolio Composition

	SHORT	LONG
Cash/Cash Equivalent	168,945
Total	$168,945

Cash Balance Summary

Bear, Steams Securities Corp.

One Metrotech Center North Brooklyn, New York 11201-3859

	OPENING	CLOSING
Margin	0.00	-168,945.31
Net Cash Balance	$0.00	$-168,945.31

STATEMENT PERIOD	July 31,2004
THROUGH	August 31,2004
ACCOUNT NUMBER
TAXPAYER NUMBER	Not Available
LAST STATEMENT	July 30,2004

FINANCIAL TRUST CO INC

CASH & CASH EQUIVALENTS

Your Portfolio Holdings

DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURRENT YIELD(%)
CASH BALANCE				-168,945
TOTAL CASH&CASH EQUIVALENTS				$-168,945

027

Your Portfolio Allocation


09/01/04;08:31 001

EFTA00196371


BEAR
STEARNS

OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179

4 of 4

Your Portfolio Holdings (continued)

EQUITIES

Equities & Options

DESCRIPTION	SYMBOL/CUSIP	ACCT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME
CALL TSY 4 3/4 08/14	9Z72250	MRGN	25,000,000	Unpriced
EUROCALL STRK 101-8 EXP 10/08/2004					$0	$0
Total Equities& Options					$0	$0
TOTAL EQUITIES


CLEARED THROUGH ITS

WHOLLY OWNED SUBSDIARY


Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

YOUR PRICED PORTFOLIOHOLDINGS	$-168,945

INVESTMENT ACTIVITY

```markdown

Transaction Detail


FINANCIAL TRUST CO INC

STATEMENT PERIOD July 31, 2004

```markdown

ACCOUNT NUMBER

THROUGH August 31, 2004

TAXPAYER NUMBER Not Available

| LAST STATEMENT | July 30, 2004 |

| :--- | :--- |

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
08/31/04	08/30/04	BOUGHT	CALL TSY 4 3/4 08/14 EUROCALL STRK 101-8 EXP 10/08/2004 AS OF 08/30/04	9Z72250	25,000,000	0.67578	168,945.31
TOTAL						$-168,945.31

027


09/01/04;08:31 001

EFTA00196372

OFFICE SERVICING YOUR ACCOUNT

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179

| | |

| :--- | :--- |

| ACCOUNT EXECUTIVE | FIRM |

| VISIT OUR WEBSITE | www.bearstearns.com |

What’s In This Statement

Financial Summary	1
Transaction Detail	2

```markdown


<table><tr><td>FINANCIAL TRUST CO INC</td></tr><tr><td>C/O JEFFREY EPSTEIN</td></tr><tr><td>6100 RED HOOK CENTER</td></tr><tr><td>SUITE 63</td></tr><tr><td>ST THOMAS VI 00802</td></tr></table>

Cash Flow Analysis

<table border="1"><tr><td></td><th>THIS PERIOD</th></tr><tr><td>OpeningBalance</td><td>$0.00</td></tr><tr><td>Miscellaneous</td><td>158.90</td></tr><tr><td>Amount Credited</td><td>$158.90</td></tr><tr><td>Dividends/Interest Charged</td><td>-79.45</td></tr><tr><td>Miscellaneous</td><td>-79.45</td></tr><tr><td>Amount Debited</td><td>$-158.90</td></tr><tr><td>ClosingBalance</td><td>$0.00</td></tr></table>

## Income Summary

```markdown

CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY

	THIS PERIOD	YEAR TO DATE
Margin Int. Paid	-79.45	-79.45

Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

FINANCIAL TRUST CO INC

STATEMENT PERIOD July 1, 2004

THROUGH July 30, 2004

| LAST STATEMENT | June 30, 2004 |

| :--- | :--- |

ACCOUNT NUMBER

TAXPAYER NUMBER Not Available

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.

027 07/31/04:08:41 001

V858

EFTA00196373

```markdown

BEAR STEARNS


OFFICE SERVICING YOUR ACCOUNT
Bear, Stearns & Co. Inc.
383 Madison Avenue
New York, New York 10179

```markdown

CLEARED THROUGH ITS

CLEARLY WOUNDED SUBSIDIARY

Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859


2 of 3

FINANCIAL TRUST CO INC

```markdown

Transaction Detail


STATEMENT PERIOD July 1, 2004

## ```markdown

INTEREST

THROUGH July 30, 2004


ACCOUNT NUMBER

TAXPAYER NUMBER Not Available

| LAST STATEMENT | June 30, 2004 |

| :--- | :--- |

DATE	DESCRIPTION	DEBIT AMOUNT
07/01/04	AVG BAL 355,468RT 1.609	79.45
07/01/04	021 OFFICE INTEREST 0604
TOTAL		-79.45

MISCELLANEOUS

DATE MO/DAY	TRANSACTION	DESCRIPTION	DEBIT AMOUNT	CREDIT AMOUNT
07/02/04	JOURNAL	FITO TO FITM	79.45
07/06/04	JOURNAL	FITM FITO		158.90
TOTAL			-79.45	$158.90


******* End of Statement*******

027


07/31/04;08:41 001

V858

EFTA00196374


CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY


3 of 3

Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859

FINANCIAL TRUST CO INC

STATEMENT BACKER IS PRINTED ON THIS PAGE

027

EFTA00196375

OFFICE SERVICING YOUR ACCOUNT

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179

| | |

| :--- | :--- |

| ACCOUNT EXECUTIVE | FIRM |

| VISIT OUR WEBSITE | www.bearstearns.com |

What’s In This Statement

Financial Summary	1
Transaction Detail	2
Your Messages	3

```markdown


<table><tr><td>FINANCIAL TRUST CO INC</td></tr><tr><td>C/O JEFFREY EPSTEIN</td></tr><tr><td>6100 RED HOOK CENTER</td></tr><tr><td>SUITE 63</td></tr><tr><td>ST THOMAS VI 00802</td></tr></table>

## Cash Flow Analysis

<table border="1"><tr><td></td><th>THIS PERIOD</th></tr><tr><td>OpeningBalance</td><td>$0.00</td></tr><tr><td>Securities Sold</td><td>355,468.75</td></tr><tr><td>Amount Credited</td><td>$355,468.75</td></tr><tr><td>Securities Bought</td><td>-355,468.75</td></tr><tr><td>Amount Debited</td><td>$-355,468.75</td></tr><tr><td>ClosingBalance</td><td>$0.00</td></tr></table>

```markdown

CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY

Bear, Steams Securities Corp.

One Metratech Center North

Brooklyn, New York 11201-3859

FINANCIAL TRUST CO INC

STATEMENT PERIOD May 29, 2004

THROUGH June 30, 2004

ACCOUNT NUMBER

| LAST STATEMENT | March 31, 2004 |

| :--- | :--- |

TAXPAYER NUMBER Not Available

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.

027 07/01/04:13:31 001

V832

EFTA00196376

```markdown

BEAR STEARNS


OFFICE SERVICING YOUR ACCOUNT
Bear, Stearns & Co. Inc.
383 Madison Avenue
New York, New York 10179

```markdown

CLEARED THROUGH ITS
CLEARLY WOUNDED SUBSIDIARY

2 of 4


Bear, Steams Securities Corp.

One Metrotech Center North Brooklyn, New York 11201-3859

FINANCIAL TRUST CO INC

```markdown

Transaction Detail


STATEMENT PERIOD May 29, 2004

## INVESTMENT ACTIVITY

THROUGH June 30, 2004

```markdown

ACCOUNT NUMBER

| LAST STATEMENT | March 31, 2004 |

| :--- | :--- |

TAXPAYER NUMBER Not Available

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
06/04/04	06/03/04	BOUGHT	PUT TSY 3 1/8 05/07 EUROPUT STRK 99-20 EXP 08/13/2004	9Z58526	50,000,000	0.71094	355,468.75
06/09/04	06/03/04	CANCEL BUY	PUT TSY 3 1/8 05/07 EUROPUT STRK 99-20 EXP 08/13/2004 A/O S/D 06/04/04 AS OF 06/03/04 TO CXL PREVIOUS BUY	9Z58526	-50,000,000	0.71094		355,468.75
TOTAL							-355,468.75	$355,468.75

027


07/01/04;13:31 001


V832

EFTA00196377


BEAR
STEARNS

OFFICE SERVICING YOUR ACCOUNT

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179

3 of 4

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY

Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859

FINANCIAL TRUST CO INC

STATEMENT PERIOD May 29, 2004 THROUGH June 30, 2004

ACCOUNT NUMBER

TAXPAYER NUMBER Not Available

LAST STATEMENT March 31, 2004

Effective no earlier than thirty (30) days from your receipt of this statement, we will compute interest regarding your short sales and marking-to-the market as follows:

The credit that appears on your statement due to short sales (including short sales against the box) is offset by a debit of like amount because Bear Stearns Securities has to borrow the same security in order to deliver it to the buying broker and has to provide its lender additional collateral of up to 105% of the settled short market value of the borrowed securities to secure such loan. This means that the debit balance on which interest is computed will be the difference between (i) up to 105% of the settled short market value of such short sales (across all currencies), which shall be calculated daily, and (ii) the proceeds of such short sales,

Notice Regarding a Change in The Statement of Interest Charges Pursuant to the "Truth-in-Lending" Rule 10 (b)-16 Regarding Short Sales And Marking-To-The-Market

Your messages

Any short positions in your account will be kept "marked-to-the market". This means that periodically the balance maintained in the short account will be adjusted to equal the market value of the short securities. Securities that are priced below five dollars per share may be valued at five dollars per share for short marking-to-the market purposes. If a security has been sold short (or sold short against the box) and has appreciated in market price over the selling price, interest will be charged on the amount of appreciation; if it depreciates in market price, interest will be correspondingly reduced by the drop in value. The appreciation or depreciation of securities sold short will be determined by Bear Stearns Securities based upon daily closing prices or quotations provided by pricing services, as applicable, or upon such factors as Bear Stearns Securities in its sole judgement deems pertinent.

Please note that the other sections of the "Truth-in-Lending" disclosure previously provided to you remain unchanged.


******* End of Statement*******

027


07/01/04;13:31 001

V832

EFTA00196378


CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY

4 of 4

Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859

FINANCIAL TRUST CO INC

STATEMENT BACKER IS PRINTED ON THIS PAGE

027

EFTA00196379

OFFICE SERVICING YOUR ACCOUNT

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179

| | |

| :--- | :--- |

| ACCOUNT EXECUTIVE | FIRM |

| VISIT OUR WEBSITE | www.bearstearns.com |

What’s In This Statement

Financial Summary 1

Transaction Detail ... 2

Your Messages ... 2

```markdown


<table><tr><td>FINANCIAL TRUST CO INC</td></tr><tr><td>C/O JEFFREY EPSTEIN</td></tr><tr><td>6100 RED HOOK CENTER</td></tr><tr><td>SUITE 63</td></tr><tr><td>ST THOMAS VI 00802</td></tr></table>

## Cash Flow Analysis

<table border="1"><tr><td></td><th>THIS PERIOD</th></tr><tr><td>OpeningBalance</td><td>-0.50</td></tr><tr><td>Miscellaneous</td><td>0.50</td></tr><tr><td>Amount Credited</td><td>$0.50</td></tr><tr><td>Net Cash Activity</td><td>0.50</td></tr><tr><td>ClosingBalance</td><td>$0.00</td></tr></table>

## Cash Balance Summary

```markdown

CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY

Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

	OPENING	CLOSING
Margin	-0.50	0.00
Net Cash Balance	-0.50	$0.00

FINANCIAL TRUST CO INC

| LAST STATEMENT | February 27, 2004 |

| :--- | :--- |

STATEMENT PERIOD February 28, 2004

ACCOUNT NUMBER

THROUGH March 31,2004

TAXPAYER NUMBER Not Available

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.

027 04/01/04:12:31 001

V829

EFTA00196380


BEAR
STEARNS

OFFICE SERVICING YOUR ACCOUNT

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179


CLEARED THROUGH ITS

CLEARLY WOUNDED SUBSIDIARY


2 of 3


Bear, Steams Securities Corp.

One Metrotech Center North Brooklyn, New York 11201-3859

FINANCIAL TRUST CO INC

```markdown

Transaction Detail


STATEMENT PERIOD February 28, 2004

## INVESTMENT ACTIVITY

THROUGH March 31, 2004

```markdown

ACCOUNT NUMBER

TAXPAYER NUMBER Not Available

| LAST STATEMENT | February 27, 2004 |

| :--- | :--- |

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
03/24/04		EXPIRED	PUT TSY 1 7/8 1/06 EUROPUT STRK 99 24/32 EXP 03/17/2004		-25,000,000

MISCELLANEOUS

DATE MO/DAY	TRANSACTION	DESCRIPTION	DEBIT AMOUNT	CREDIT AMOUNT
03/25/04	JOURNAL	MISC ADJ TO CASH BAL		0.50
TOTAL				$0.50

Your messages

Excess SIPC Account Protection Update

Effective February 16, 2004, the commercial insurer through which Bear, Stearns Securities Corp. obtains excess SIPC protection changed to Customer Asset Protection Company ("CAPCO"), a New York licensed insurance company. CAPCO has an A+ financial strength rating from Standard and Poor's.

The Firm believes it is of the utmost importance that clients who purchase or hold mutual funds fully understand the intricacies of the pricing structures and rules which govern these investments. Recently, a joint Industry/NASD Task Force collaborated to create a Disclosure Statement to address these issues. We are providing this Disclosure Statement to you for the purpose of reinforcing these concepts and to initiate the opportunity for further discussion of these issues to the extent you have questions. You are encouraged to contact your financial professional with any questions you have regarding your investments. Additionally, you may review this information online at the following NASD web site:

027


04/01/04;12:31 001

V829

EFTA00196381


CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY


3 of 3

Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859

FINANCIAL TRUST CO INC

STATEMENT BACKER IS PRINTED ON THIS PAGE

027

EFTA00196382

OFFICE SERVICING YOUR ACCOUNT

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179

| | |

| :--- | :--- |

| ACCOUNT EXECUTIVE | FIRM |

| VISIT OUR WEBSITE | www.bearstearns.com |

What’s In This Statement

Your Portfolio Holdings ... 2

Transaction Detail ... 3

Your Messages 3

```markdown


<table border="1"><tr><td>FINANCIAL TRUST CO INC</td></tr><tr><td>C/O JEFFREY EPSTEIN</td></tr><tr><td>6100 RED HOOK CENTER</td></tr><tr><td>SUITE 63</td></tr><tr><td>ST THOMAS VI 00802</td></tr></table>

Cash Flow Analysis

<table border="1"><tr><td></td><td>THIS PERIOD</td></tr><tr><td>Opening Balance</td><td>$0.00</td></tr><tr><td>Miscellaneous</td><td>54,687.00</td></tr><tr><td>Amount Credited</td><td>$54,687.00</td></tr><tr><td>Securities Bought</td><td>-54,687.50</td></tr><tr><td>Amount Debited</td><td>$-54,687.50</td></tr><tr><td>Net Cash Activity</td><td>-0.50</td></tr><tr><td>Closing Balance</td><td>$-0.50</td></tr></table>

## Cash Balance Summary

```markdown

CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY

	OPENING	CLOSING
Margin	0.00	-0.50
Net Cash Balance	$0.00	$-0.50

Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

Portfolio Composition

STATEMENT PERIOD January 31, 2004

FINANCIAL TRUST CO INC

ACCOUNT NUMBER

LAST STATEMENT

THROUGH February 27, 2004

	SHORT	LONG
Cash/Cash Equivalent	1
Total	$1

TAXPAYER NUMBER Not Available

SIPC

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.

027 02/28/04;11:32 001

V828

EFTA00196383


BEAR
STEARNS

OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179

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Your Portfolio Holdings

CASH & CASH EQUIVALENTS

DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURRENT YIELD (%)
CASH BALANCE				-1
TOTAL CASH & CASH EQUIVALENTS				$-1

EQUITIES

Equities & Options

DESCRIPTION	SYMBOL/CUSIP	ACCT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURRENT YIELD(%)
PUT TSY 17/8 1/06EUROPUT STRK 99 24/32EXP 03/17/2004		MRGN	25,000,000	Unpriced
Total Equities& Options					$0	$0
TOTAL EQUITIES					$0	$0
YOUR PRICED PORTFOLIOHOLDINGS					-1


CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY

Bear, Steams Securities Corp.

One Metrotech Center North Brooklyn, New York 11201-3859

FINANCIAL TRUST CO INC

STATEMENT PERIOD January 31,2004

THROUGH February 27, 2004

AGCOUNT NUMBER

TAXPAYER NUMBER Not Available

LAST STATEMENT

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V828

EFTA00196384


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

3 of 4

FINANCIAL TRUST CO INC

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Transaction Detail


STATEMENT PERIOD January 31, 2004

THROUGH February 27, 2004

## INVESTMENT ACTIVITY

TAXPAYER NUMBER Not Available

<table><thead><tr><th>SETLEMENT DATE</th><th>TRADE DATE</th><th>TRANSACTION</th><th>DESCRIPTION</th><th>SYMBOL/CUSIP</th><th>QUANTITY</th><th>PRICE</th><th>DEBIT AMOUNT</th><th>CREDIT AMOUNT</th></tr></thead><tbody><tr><td>02/06/04</td><td>02/05/04</td><td>BOUGHT</td><td>PUT TSY 1 7/8 1/06<br>EUROPUT STRK 99 24/32<br>EXP 03/17/2004<br>AS OF 02/05/04</td><td></td><td>25,000,000</td><td>0.21875</td><td>54,687.50</td><td></td></tr><tr><td colspan="6">TOTAL</td><td colspan="3">$-54,687.50</td></tr></tbody></table>

## MISCELLANEOUS

<table><thead><tr><th>DATE MO/DAY</th><th>TRANSACTION</th><th>DESCRIPTION</th><th>DEBIT AMOUNT</th><th>CREDIT AMOUNT</th></tr></thead><tbody><tr><td>02/09/04</td><td>JOURNAL</td><td>FITM FITO</td><td></td><td>54,687.00</td></tr><tr><td>TOTAL</td><td></td><td></td><td></td><td>$54,687.00</td></tr></tbody></table>

## Your messages



Excess SIPC Account Protection Update

Effective February 16, 2004, the commercial insurer through which Bear, Stearns Securities Corp. obtains excess SIPC protection changed to Customer Asset Protection Company ("CAPCO"), a New York licensed insurance company, CAPCO has an A+ financial strength rating from Standard & Poor's.

STOP

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******* End of Statement*******

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CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY

4 of 4

Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859

FINANCIAL TRUST CO INC

STATEMENT BACKER IS PRINTED ON THIS PAGE

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