EFTA02440838.pdf

To: jeevacation©gmail.comfjeevacation©gmail.corn] From: Peggy Siegal Sent Tue 7/28/2009 7:16:40 PM Subject Fw: Bernie Medoff Title: Fw: Bernie Madoff Here is your answer...peg — Original Mt-- From: Ed Epsteines To: Peggy Siegal Sent: Tue Jul 28 15:03:36 2009 Subject: re: Bernie Medoff Yes that would work in dividing same trades over many accords, but his 7 main hedge funds had different roles, so he bought and sold different options in these dillerent accounts, which on paper had $40 billion. So you arc talking about a lot of papenvorks done every day. Maybe 3 to 5 thousand trades a day. Buy you are right, once they were entered the computer could find the CUSIP number Regards Ed www.cdwardjaycpstcin.com EFTA_R1_01514969 EFTA02440838