EFTA00294815.txt

"investors in the HG Fund such as Epstein"

"In connection with Claimants' investments in the ABS Fund, Epstein received Private Placement Memoranda"

"Some investors, like FTC, chose to transfet their entire holdings from the HG Fund to the EL Fund"

"Ralph Cioffi and Matthew Tannin, the portfolio managers of the HG Funds"

"Ralph Cioffi and Matthew Tannin, the portfolio managers of the HG Funds"

"Epstein is FTC's sole shareholder."

"The C.O.U.Q. Foundation, Inc. ("COUQ") are entities that billionaire investor Jeffrey Epstein operates"

"Epstein began his career at Bear Stearns in 1977... abruptly departed the firm in 1981."

"Epstein began his career at Bear Stearns in 1977 after being personally recruited as a trader by Alan Greenberg"

"Respondents The Bear Stearns Companies, Inc... by their attorneys, Kramer Levin Naftalis & Frankel LLP"

"On July 18, 2007, BSAM sent letters to investors advising that the preliminary estimated return for June was -86%"

"KRAMER LEVIN NAFTALIS & FRANKEL LLP... Attorneys for Respondents The Bear Steams Companies, Inc."

"Marshall H. Fialun... Attorneys for Respondents The Bear Steams Companies, Inc."

"Stephen M. Sinaiko... Attorneys for Respondents The Bear Steams Companies, Inc."

"Gabrielle L. Gould... Attorneys for Respondents The Bear Steams Companies, Inc."

"Claimants have not adequately pleaded that the Beir Steams Respondents failed to disclose material information"

"On January 1, 2008, COUQ entered into an Assignment Agreement with YLK... hereby assigns, transfers and sets forth over to the Assignee all of the Ass"

""Major Investor No. I" invested $57,000,000 in the HG Funds... "Major Investor No. I" was Concord Management"

"Epstein maintained a close personal and professional relationship with Greenberg and Jimmy Cayne"

"From 2004 through 2007, Epstein, on behalf of a number of entities, including Fit and COUQ, invested at least $100,000,000 in various BSAM hedge funds"

"From 2004 through 2007, Epstein, on behalf of a number of entities, including Fit and COUQ, invested at least $100,000,000 in various BSAM hedge funds"

"billionaire investor Jeffrey Epstein operates from a 75-acre private island he owns in the U.S. Virgin Islands"

"there can be no breach of contract claim as against Bsc and BS&Co."

"there can be no breach of contract claim as against Bsc and BS&Co."

"Claimants would not have purchased the Funds at issue"

"FTC enjoyed substantial gains from its investments in the HG Funds"

"FTC enjoyed substantial gains from its investments in the HG Funds"

"The Subscription Agreements for the ABS Fund, which Epstein also signed on behalf of Claimants"

"Claimants' investments in the ABS Fund are in the process of being liquidated and repaid... Claimant FTC has been paid out nearly $3,000,000"

"this is in addition to COUQ's withdrawal of $3,000,000 from the ABS Fund"

"The Bear Stearns Respondents deny each and every allegation of wrongdoing and liability set forth or implied in the Amended Statement of Claim."

"Claimants' claims are premature, as they have not realized any loss with respect to their investments in the ABS Fund."

"The crux of Epstein's complaints simply is that Claimants lost money... losses due entirely to market forces outside of the Bear Stearns Respondents' "

"the Subscription Agreements for the HG Funds, which Epstein signed on behalf of FTC"

"BSAM sent letters to investors advising that the preliminary estimated return for June was -86% for the HG Fund"

"BSAM was optimistic that the ABS Fund could ultimately weather the "perfect storm""