💰 Financial Record

payment

Transaction Details

Payer (From)
Payee (To)
Paul Barrett / Richard Kahn (Managed by) Linked to Paul Barrett / Richard Kahn (Managed by)
Transaction Date
July 01, 2018
Description

Trading losses described as 'a great deal of money'. References 'spy trades' (SPY ETF options) and a 'one day dip fof 25%'.

Additional Details
Date string: July 2018 (implied)
Amount string:
Source document: HOUSE_OVERSIGHT_031805.jpg

📄 Source Document

HOUSE_OVERSIGHT_031805.jpg
ESTATE Collection
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Document Summary

In this email from July 13, 2018, Jeffrey E. (Epstein) scolds Paul Barrett and Richard Kahn for incompetent stock trading that resulted in significant financial losses. He criticizes their strategy regarding 'spy trades' and Broadcom, calling them amateurs for panicking over news about a Trump visit and failing to execute proper options strategies. Epstein notes that due to their personal relationship, he has been more lenient than usual, stating the arrangement would have ended months ago if it were anyone else.

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