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2.49 MB
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Extraction Summary

1
People
8
Organizations
8
Locations
2
Events
1
Relationships
3
Quotes

Document Information

Type: Financial analysis/economic report
File Size: 2.49 MB
Summary

This document is a financial analysis report dated around late July 2011, discussing the European sovereign debt crisis with a focus on Greece, Germany's political stance, and the capacity of the EU lending facility (EFSF). It details the terms of a new EU aid package, analyzes the risks of contagion to Italy and Spain, and includes a chart from AllianceBernstein projecting lending capacity versus funding needs. The document bears a House Oversight Bates stamp, indicating it was part of the evidence files related to the Epstein investigation, likely serving as financial intelligence provided to him.

People (1)

Name Role Context
Chairman of the German Social Democratic Party Politician
Quoted referring to hedge funds as a 'swarm of locusts'

Organizations (8)

Name Type Context
IIF
Institute of International Finance; released document regarding bank participation
EU
Provider of lending facilities and austerity measures
EFSF
European Financial Stability Facility; lending entity
IMF
International Monetary Fund; part of the lending facility
ECB
European Central Bank; purchaser of Greek debt
Alliance Bernstein
Source of estimates and chart data regarding EU lending capacity
Moody's
Threatening to downgrade Italy
German Social Democratic Party
Mentioned in relation to hedge fund comment

Timeline (2 events)

July 21, 2011
Eurozone draft proposal and IIF press release
Europe
EU IIF
Two weeks prior to document
Discussion regarding Italy's fiscal status
Unknown
Author Recipient (likely Epstein or associate)

Locations (8)

Location Context
Primary subject of debt crisis analysis
Major financial backer; political decision maker
Recipient of EU loans
Recipient of EU loans
Potential recipient of aid
Potential recipient of aid; facing downgrade
Potential recipient of aid
General economic region

Relationships (1)

Author (Financial Analyst) Professional/Advisory Recipient (Epstein/Associate)
Phrase 'As we discussed two weeks ago' implies ongoing advisory relationship.

Key Quotes (3)

"The big question: would Germany still live up to the deal if Greece missed deficit targets"
Source
HOUSE_OVERSIGHT_025217.jpg
Quote #1
"swarm of locusts"
Source
HOUSE_OVERSIGHT_025217.jpg
Quote #2
"If the status quo in the periphery does not change, all the EU package does is allow the current approach more time to fail."
Source
HOUSE_OVERSIGHT_025217.jpg
Quote #3

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