# Profoundd archive — Epstein Files
# Bates number: EFTA01260699
# Title:        CONFIDENTIAL SDNYGM,351769
# Dataset:      9
# Pages:        108
# Images:       108 detected
# Tags:         epstein, doj, dataset-9, image-described
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#----------------------------------------------------------------------

=== SUMMARY ===
Statements CONFIDENTIAL SDNYGM,351769 EFTA_0032J461 EFTA01260699 rn 8 b.) Is/ t Is) O -n C in r OLLTSEOCIA19 -ANGS BEAR STEARNS orricz SERVICIVG YOUR Bear. Steams & Co Inc riiret FINANCIAL TRUST COMPANY INC CIO AMERICAN YACHT HARBOR ST THOMAS VI CO802-1348 0.DRED EMAOUOM ITS WHOLLY CIAKO SLASI.IANY /Mw Ytrt 11201.3419 FINANCIAL TRUST COMPANY INC STATEMENT Pomp December I. 2005 THROWS,. December 30.2005 COOLMT WISER TAXPAYER WAILER On Re LAST 'TAMAR Noverrter 30. 2035 Pursuant to your previously


=== EXTRACTED TEXT ===
Statements 
CONFIDENTIAL SDNYGM,351769 
EFTA_0032J461 
EFTA01260699
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8 b.) 
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OLLTSEOCIA19 -ANGS BEAR 
STEARNS orricz SERVICIVG YOUR 
Bear. Steams & Co Inc 
riiret 
FINANCIAL TRUST COMPANY INC 
CIO AMERICAN YACHT HARBOR 
ST THOMAS VI CO802-1348 0.DRED EMAOUOM ITS 
WHOLLY CIAKO SLASI.IANY 
/Mw Ytrt 11201.3419 
FINANCIAL TRUST COMPANY INC 
STATEMENT Pomp December I. 2005 
THROWS,. December 30.2005 
COOLMT WISER 
TAXPAYER WAILER On Re 
LAST 'TAMAR Noverrter 30. 2035 
Pursuant to your previously issued insInxtions. Bear Stearns Securities Cap, provides duplicate monthly statements and/or transaction confirmations to the 
third parties listed on the cover page of this statement. If you wish to modify or cease distribution to any of the recipients indicated. please contact your 
Account Executive. This reminder notice will continue to be provided to you on your guartaty statements. 
Third Party 
1 EPSTEIN A CO 
457 MADISON AVE 4Th FLOOR 
NEW YORK NY 10022 
027 I vrins,o•co WI 
EFTA01260700
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STEARNS OFFICE SERVICING YOUR ACCOUNT 
Bear. Steams 6 Co. Inc. 
Nov/telt Now Teak 10179 
ACCOUNT EACuTHE DENERMANARA 
TELEPHONE 
HSU OUR HUSSITE wmv.hearsteams.com 
What's In This Statement 
Financial Summary  3 
Your Portfolio Holdings  4 
Transaction Detail  6 
Fund Activity  6 
Your Messages  IIItIrIllt 1llLlla.RtlrltollnllulIIIInlll 
FINANCIAL TRUST COMPANY INC 
CIO AMERICAN YACHT HARBOR 
ST THOMAS V1 00802.1348 
Your Portfolio at a Glance Market Value of Your Portfolio 
TOTAL YAUJE or SECURITIES THIS PERIOD 37.445.002 
MONEY MARKET RAM BALANCE 9.438.024 Cells& Enthalara 
NET ECIUDY IRIS PERIOD $46.883.026 
NET EQUITY LAST STATEMENT 52.688.200 
CHANGE SINCE LAST STATEMENT -5.805.174 
There are no Stop Loss orders or other pending buy 
a sell open orders on file (or your account. 59.418 014 
515.334.419 
Erpites — $37.445002 
$37.353.781 
Nan won my ...44,e0”cneencia., sano.nreanns ea 442.••••0:92.. MN Currant market %a/c 
MIISR SUIDETWES man.. value MIMEO tnRCoan Ts 
9640U.T 097.ED SLESIODAY 
Ilea  . 
Sven tµ1 Ton 11201.3559 
FINANCIAL TRUST COMPANY INC 
STATETE7.7 PER192, December 1.2005 
mamma Defame.. 30.2005 
AGOO.? IATEIER 
Tup/ATA PARER On Pie 
Lay 574-rurra november 30.2005 
II any Sormation regarding 
2005 interest. *tends. 
macellaneous InCelne. gross 
proceeds a signal issue 
discount is reuired to be 
reported to the IRS for tha 
account. a Consolidated Form 
1099wi1 be mailed to you by 
January 31.20360( a 10425 
by maw, 15.2006. 
stcnit tunny in Ite rfeensioren poosos Ils M Ren070 'alm Cearret. 
DR gatemen sinDie to rettned To you' nter0S. Set Melt Pet M Intaltal sherancn. 
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027 1213106:00 CO CO1 VS99 
EFTA01260702
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STEARNS OFFICE SERVICING YOUR ACCOUNT 
Ben Stearns a .Inc. 
N wYY N w York 10179 
3 rc 
Cash Flow Analysis 
Re Klee Income Summary MISSERUM Ma MOATS 
Opening &liana 60.00 Di:Wends 101605.54 2.657.200.46 
Cron Balance Inc 0.00 2.395.40 
Woes Fuld 12.039.769.94 
Funds Deposited 6.000.000.00 Total 6103.605.54 52.659.595.86 
0 Ciyidendsfintemst 
Amount Credited 63.835.60 
518,103,605.54 Fenian Tax Withheld 
Margin nt. Paid 0.00 
0.00 .2.227.67 
-40,999.17 
-n 4.103.606.54 
-12.000.000.00 Portfolio Composition Money Fund 
Funds Wilhdrami 
C Amount Debited S-18.103.605.54 Cash/Cash Esiukekm 9.438.024 
in Closing Balance $0.00 Equities 37.445.002 
Total 546 883 026 
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ELLTS£00 -019-ANGS 
021 2.310509C0 MEOW THROWN ITS 
WOW( OWNED SVSSOARY 
is.Jew Yen 11201.1/40 
FINANCIAL TRUST COMPANY INC 
surcono PEF400 Detente 1.2035 
TITICUON OCCernber 30.2005 
ACCOUNT %MOM 
TAXPAYER Meer" On MO 
LAST STATENINT NoWITOCS 30.2005 
Your Portfolio 
Allocation 
COMI & EntlYNetC 
21% o• Equnies 
79% 
uwwws Tenn None <INN Datfle WO., thy. 
nth% willon. 1^.• aCato. ponafitace • On., 
in, snalao n.<  0.rsu ..cnIsso 
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Your Portfolio Holdings 
CASH 8 CASH EQUIVALENTS 
DESCRIPTIEN SMICOMS0 
DREYFUS CASH MANAGEMENT-Ct. A DCA 
ITISTFTLMOWLL SNARES 
EST. 30 DAY AVG YIELD 4.1100% 
TOTAL CASH & CASH EQUIVALENTS CUANIITT 
9.438.024.33 MAIM COMM CURRENT 
ORM YAM MIMS NOON( YRIIIM 
1.0000 9,438.024 358.645 3.8000 
59.438.024 5358.845 
EQUMES CLEARED MOV3H 
wrair MoTZ0 IIMSOTTR7 
ut 221 3.14 
FINANCIAL TRUST COMPANY INC 
STAMM, PIRTOD DiMnbel 1.2005 
TPROMT Doperter 30.2005 
ACCOUNT 'TOMER 
TAMPER MAW On rind 
LAST STATENTERT PkNernbet 30, 2005 
Equities & Options 
The research ratings for Bear Steams (BSC) are shown for certain securities covered by the Firm's Equity Research Department. The first rating represents the stock's total 
return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: 0 — Outperform; P = Peer Perform: U — Underperform. The second 
rating represents the rating of the coverage universe relative to the regional Coady market index. The key for the sector rating is as follows: MO = Market Overweight; MW —
Market Weight MU e Market Underweight. In cases where a BSC rating is present the name of an independent. third-party research provides and their rating may also be 
displayed. where such research is available. The various providers have normalized their ratings systems as follows: B — H = Hold: S = Sell. The ratings Information 
contained herein is for informational purposes only and is not intended to provide tax, legal or investment advice, Bear Stearns is neither soliciting any action based on such 
information, nor endorsing any recommendation or opinion expressed by any independent. thid-party research provider. The symbol indicates that continuing coverage of 
the subject company is temporarily not evadable due to legal reasons. 
Independent. third-party research o ' covered by the Firm's research is available to customers of Bear Stearns at no cost. Customers can access this research 
at www.bearsteams.com or can call to request that a copy of this research be sent to them. 
ACC? WORM [SWARD 0JRRENT 
DESCRITTION STWOUCUSIP ME OMMY PRCE MIA ATORM INCCE/I 7110 OTT 
APPLE COMPUTER INC MPL CASH 20.003 71.8900 1,437.803 
SSC eanwc.. STOCK P/SECTOR and 
BOYARS ALTERNATWE VIEWPOINT 
RATNG: S 
BEAR STEARNS COMPANBES INC 85C CASH 130.000 115.5300 15,018,900 145,600 0.9694 
027 12/312:01:4103 CM VW* 
EFTA01260704
BEAR 
STEARNS CenCE SERVICOIG YOUR ACCOUNT 
Beet. Steams & Co. Inc. 
Now York Now York 10179 
5 a e Cer.ARED THROUGH OS 
111e0ttY OMCO SIMMAY 
boa x Satirrs Stoat 
IMO*. Ws Very Ii2outtso 
FINANCIAL TRUST COMPANY INC 
STATEMENT PER 00 December 1.2005 
Your Portfolio Holdings (continued) THRCVM 
.CCOtir WWI= 
TAXIPMR rteMEA Deter:we 30.2005 
00 Flo 
STAMM? November 30.2005 Equities & Options (c0 trued) 
PatVARCE1 ESTMTM CURCDU Of SMPTC.11 STIAIMMIM Cwomnr east VALUE &M.SANS MOW MID 00 
COLGATE PALA40LIVE CO CI. CASH 56.200 54.8500 3.082.570 65.192 2.1149 
NC RATING: STOCK 0/SECTOR PM 
ARGUS FLoiComENTAL RESEARO4 
0 RAMC: B 
DEERFIELD TRIARC CAP CORP 244572202 CASH 1,000,000 13.7000 13,700,000 
ACCREPTED INVESTORS 
-n ENVIRONMENTAL SOLUTIONS ESVM CASH 
WORLDWIDE NC 100.000 0.7000 70,000 
KERZHER INTERNATIONAL LTD KZI. CASH 10.000 68.7500 587.500 
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rn BSC RAMC STOCK 0/5ECTOR MW 
NED DAVE RESEARCH RATP/G: 
VECTOR GROUP LTD VCR CASH 159.589 18.1700 2.899.732 255.342 8.8057 
WYNN RESORTS LTD .,y44,4; CASS,
BSC RATING: STOCK P/SECTOR IOW 10.000 54.8500 548.500 
WALL STREET STRATEGIES RATING: B 
Total Equities& Options 537.445.002 5466.134 
r TOTAL EQUITIES 537,445.002 5466.134 
YOJR PORI F OLIO Fi0_0 [NGSES / ILIA I ED ANN'JAL INCOME $824,779 
YOUR PRICED FORTFOLIOHOLDINGS $46,883,026 SLLTS£00 -019-ANGS 
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Transaction Detail 
DEPOSITS AND WITHDRAWALS 
art TRANSACIION °ESCROW% BEN MAXIM MO MOM 
12/05/05 END WIRED MDASMI9121857FNDSWIRED TO 1,000,000.00 
0 12/05/05 ENO WIRED MDMICTS50710FNDS WIRED TO 
i Ei 10.000.000.00 
-n 12/14/05 END WIRED MDA*MI3131879FNDSWIRED TO 1,000,000.00 
12/15/05 FUNDS REC ENDS WIRED TO CITIBANK FROM 6.003.000.00 
C 
rn TOTAL S-12.000.000.00 $6.000,000.00 
MONEY FUND ACTIVITY 
r 
9LLTSEOCIA19 -ANGS 
IJ IpJ CLEAS$0 netoom rte Asore come) SuOSOART 
11201.3.59 
FINANCIAL TRUST COMPANY INC 
STATMEXT mew December 1.2005 
ToACIARE Dt«Otor 30.2005 
ACCOUEll ALMA* alla TAXPAYER .u, On Ole 
NIT VANS November 30 2005 
art 4•CYDAY TIONSACITAi OCICRIATON STWOCEICUSP tar MOM Omoe AYdslf 
12/01/05 OPENINGBALANCE 15.334.418.79 
12/01/05 DEADEND DREYFUS CASH MANAGEMENECL A DION 39.769.94 INSTITUTIONAL SHARES 
MONDAY DNOENO 
12/01/05 RONVEST DREYFUS CASH MANAGEMENT( A INCIOC 39.769.94 39,769.94 WSMUTOMAL SHARES 
MORD REINVEST 
12/05/05 SOLO DREYFUS CASH MANAGEMENT -CL A °IOU -1.000.000 1.0000 1.000.000.00 MSTINITIONAL SHARES 
12435/05 SOLD DREYFUS CASH MANAGEMENT -CL A OlOO .10.000,000 1.0000 10.000.000.00 INOWVIONAL SHARES 
021 12111/064•03 COI VON 
EFTA01260706
BEAR 
STEARNS OFFICE SERVICING TOUR ACCOUNT 
Rear. Steams & Co. Inc. 
New Ye& New Yak 10179 
7 we 
Transaction Detail (continued) rtgag011400UOM YS 
WHCSAN DATED 8898.10VRY 
a w Sten Searles . 
Wert Not Tart 11201.38S9 
FINANCIAL TRUST COMPANY INC 
STATEMENT PERICO December 1.2005 
ISROLOn Dectmter 30. 2005 
ACCOUr OSAISR ■ va.X.I.Y09 µ.AWOL on nie 
O 
m MONEY FUND ACTIVITY (cenbnuec0 
OMI 
SICSDAT 7IVICSACO:81 CCSOSPTION SOAllOUOJSIP COMFIT! MEC LAST STAOPPIST NONOTOOr 30.2005 
OEYI AMOS CREW MONT 
12/14/05 SOLD DREYFUS CASH MANAGEMENT.C.I. A 
INSTITUTIONAL SHARES 
12115/05 BOUGHT DREYFUS CASH MANAGEMENT.CL A 
INSTiTuTEN4l. SHARES 
12/29/05 SOUGHT DREYFUS CASH MANAGEMENT -C1. A 
OISTITLITCOLAL SHARES 
12/30105 CLOSINGBAL DIOCC 
DIC10I 
Dial( .1.000.000 
6.000.000 
63.635.60 1.0000 
1.0000 
1.0000 6.000.000.00 
63.835.60 1.000.000.00 
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H TOTAL S-6.103.605.54 $12.039.769.94 
DIVIDENDS 
DATE DISONPTION Ou.KITIY WE a: SUIT AlCiV4 CRUM MOONY 
12/29,05 VECTOR GROUP LT17 
RE° 21CtS PAY 12.13 t 159.589 0.4000 63.815.60 
r 553.835.60 LLLTSEOCINDANGS 027 12/II.05.09C0 COI V899 
EFTA01260707
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B e a 
Your messages 
19:g? As part of the National Association of Securities Dealer's (NASD) Investor 
Education Program, you may obtain ?(oration on the NASCfs Public 
'
m by contacting the NASD at telephone number 
a via the internet address which is yanii.nasdr.corn. In 
addition. a brochure explairting the Public Disclosure Program is available from 
the NASD upon request. 
Ere] or Statement 
025 12(3105090, COI CLEARED niROuoti ITS 
•Aitzto, OWVED RAISOlar 
n 11201.3019 
FINANCIAL TRUST COMPANY INC 
SThismorr Porkloo INCemter 1.2005 
?wows NOM:a 30.2005 
ACCOLKT ionER 
TAKPAYM 'week Onille 
tan irrArklana MOvernber 30.2005 
EFTA01260708
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6LLTSEOCLAID -ANCIS BEAR STEARNS orrict SERVICANG YOUR ACCOUNT 
Bear. Steams & Co. Inc. 
New Ye& Nen 10179 Ile.Suara Saks 
War, a at 
FINANCIAL TRUST COMPANY INC 
ACCOUNT DICUTNE ZIOIERMANIRA 
TELEPHONE 
RINI OUR WEBSTIE wabearsteams.cm ,
What's In This Statement 
Financial Summary 3 ..... 
FINANCIAL TRUST COMPANY INC STATEMENT PERCO 
NROUGm 
ArtetN7 SIAMER 
TAX.AvEli Madefft 
LMT STATEInia Isb.trIbet 1.7005 
AbAgriNt 30.)005 
On rile 
Coat 31.205 
Your Portfolio Holdings 4 FJO AMERICAN YACHT HARBOR 
Transaction Detail  6 
Fund Activity  6 
ST THOMAS V1 00802-1348 
Your Portfolio at a Glance Market Value of Your Portfolio 
TOTAL VALUE CC SECURITIES 'rtas PotiOD 37.353,781 Cash* Waders 616.334A19 
312096.339 
MONEY MARKET ROAD BALANCE 15.334.419 NSW — 337.353.781 
537.793.949: S-SCCO 
NET EQUITY MIS PERIO0 $52,688.200 El Etta ITWte WOW 
NET MUM LAST STATEMENT 49,871.187 IIIII lint statement's market value 
CI Etat Market vale 
CHANGE SINCE LAST STATEMENT 2.817.013 
These are no 'Stop loss' orders or other pending buy 
or sell open orders on file for your account. 
Pa ran a d COWES raci4ed as d.wnd a viv 
lc. no.. era *Ca SWAM ea Ike Eon Searles 
fire. @IS M,V. 1,307•3650 Ten suenury is Re MeTureaal paws aw. Rena Mae as s In anent 
TN. inter telt 04.14 04 Wanedbe ye.. ryas. See revere a br marten nftmeean 
027 I MITE 07 IS 001 VS90 
EFTA01260709
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ANIMMIMMIL. 
INNS FINANCIAL TRUST COMPANY INC 
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EFTA01260710
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STEARNS OMCZ SERVICING YOUR ACCOUNT 
Bear Steams 6 Co. Mc. 
New Tara. New York 10179 
3 da 
Cash Flow Analysis Income Summary 
TIC N1145 POMO VtAt TO WS 
Ccening Balance 54,531.74 ()Wands 336.901.61 2.553.594.92 
Credit Balance Ira. 0.00 2.395.40 
Securities Sold 2.682.277.75 
Money Fuld 6.103.61 Total 5336.901.61 52.555.990.32 
Funds Deposited 234.432.12 Fixer Tai Wahheld 0.00 .2.227.87 
EavidenisAnterest 330798.00 Margin Iii. Paid .4,531.74 .40,999.17 
Amaral Credited 53.253.611.48 
Money Fund 4.253.611.48 Portfolio Composition 
0MdendsAnterest Charged .4,531.74 Cashtash EquireleM 15,334,419 
Amount Debited S-3.258.143.22 Equities 37.353781 
Net Cash Activity .4,531.74 Total 552.688.200 
ClosIn9Balance 30.00 
San. -Virden et u1. bobble acami 000 me car eclarods,114 
teelerc md• Deafen *et 000s WON. 10.0.K1cns Des 
•Oplao n Torino. OEM. 
Cash Balance Summary 
MOM =SING 
Cash 4,53134 0.00 
Net Cash Balance 54.53134 $0.00 
027 1120105 0I 15 001 ri.rac0 TNROvaw Fri 
%%DOLLY OVflD BLOSSOMY 
Bet Sten Seelifitis 
FINANCIAL TRUST COMPANY INC 
STATEllea PER/“. NOVCDOCS 1.2005 
THROWN Navemba 30.2005 
ICCO, NT NUMBER 
TMPAYDI /MOOT On Fie 
IAST STATEMENT Wow 31. 2005 
CdSti aC 
30% Your Portfolio 
Allocation 
0n1.1.1 pylon Ctra Signe &VW 
/now .a1.••• The Scam oseaelase • 600A0 
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STEARNS OFFICE SERviaNG YouR ACCOLafr 
Beet Stearns & Co. Inc. 
19.1..reiv 0179 
4 as 
Your Portfolio Holdings 
CASH & CASH EQUIVALENTS 
War ESINAITO CAREX ULSCVIOR SIWOJELISIP CALW111Y Plea unit AMU& WOW ‘1ELO re 
DREYFUS CASH MANAGEMENT -CL A [ACV 15,334,418.79 1.0300 15.334.419 567.373 3.7000 NSTITuntwit SHARES Est. 3o DAY Ave YEto 3.9000% 
TOTAL CASH & CASH EQUIVALENTS 515.334.419 5567.373 
EQUITIES C&2 ThROV30.1 ITS 
%HOLLY DANED SUSitepAY 
Inc Swan Starnes Carp. 
MIIIMPONIS 
FINANCIAL TRUST COVPANY INC 
STAITWNY PS 0J Mriernbe 1.2035 
ne014., Novembe 30.2005 
AOCCLItt NUMBER 
TAX*AYER NUMBER 
LAST STATEMENT Mom Octabec 31.2005 
Equities & Options 
The research ratings for Bear Steams (BSC) are shown for certain securities COvered by the Firm's Equity Research Department. The first rating represents the stock's total return 
relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: 0 = Outperform: P - Peer Perform: U - Underperform. The second rating 
represents the rating of the coverage universe relative to the regional broader market index. The key for the sector rating is as follows: MO -. Market Overweight; MW - Market 
Weight: MU - Market Underweight. In cases ctiere a BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed. 
where such research is available. The various providers have normalized their ratings systems as follows: B - Buy: H . Hold: S - Sell. The ratings Pifcemanan contained herein 
is for informational purposes only and is not intended to provide tax, legal or investment advice. Bear Steams is neither soliciting any action based on such information, nor 
endorsing arty recommendation or opinion expressed by any independent. third-party research provider. The symbol indicates that continuing coverage of the subject 
company Is temporarily not available due to legal reasons. 
Independent. third-party research on certain companies covered by the Firm's research is available to customers of Bear Steams at no cost. Customers can access this research 
at vmw.bearstearrrs.com or can call to request that a copy of this research be sent to them. 
M.CT PAPAW ISMATI0 non OLICRPMN 511.01/CUSP ME 011.2011( POE MO AliMai. MOLE '11W aq 
APPLE COMPUTER INC MPL CASH 20.000 87.8200 1.356.400 BSC RATING: STOCK 0/SECTCO ION 
BOYARS ALTERNATIVE VIEWPOINT RAMC: S 
BEAR STEAK IS COMPANIES INC BSC CASH 130.000 110.9900 14.428,700 130,000 0.9010 
02i 12XN/01,314$ COI VON 
EFTA01260712
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STEARNS SIERYKA1.0 YOUR ACCOUNT 
Bear, Steams & Co. Inc. 
New York Now York 10179 
5 ye =ARCO THROWN ITS 
WICOY 0iVCD SURSI)Olte 
11•4101.1n SOTIMS 
ORO*. Pis et 20 SIS 
FINANCIAL TRUST COMPANY INC 
STATMert 'PROD NOtrtsR 1.2005 
Your Portfolio Holdings (continued) 
Equities & Options (continued) 
fit-C1 I:RUMOR SIVOX.<1.1. not IMMO WORT PRICE VOUS MIAOW alit POORE nwouen Nowetei 30.2035 
ACCOLN7 NUI/SkR 
WOAKR WORM On TM 
LAST STAMORT October 31.2006 
CURRDO TRIO 00 
COLGATE PALMOUVE CO CL CASH 56.200 54.5200 3.064.024 65.192 2.1277 
BSC RUNG: IRN 
MENTALOR 
ARGUS FUND  RESEARCH 
0 RATING: B 
DEERRELD TRIARC COP CORP 244572202 CASH 1.000.000 14.2100 14.210.000 
ACOZEOMED WVESTCRS 
-n ENVIRONIAENTAL SOLUTIONS ESVAN 
WORLIWAX WC CASH 100.000 0.7960 79.600 
KERZNER INTERNAnONAL LTD Kn. CASH 10.000 65.0100 850.100 
C 
in BSC RATING: STOCK OFSECTOR NW 
NED OARS RESEARCH RATING: El 
VECTOR GROUP LTD VGR CASH 159.589 18.8400 3.006.857 255.342 8.4926 
WYNN RESORTS LTD VANN CASH 10.000 55.8300 558.300 
8SC RATING: STOCK P/SECTOR NEW 
WALL STREET STRATEGIES RMING: li 
Total Equities&Options $37.353.781 $450,534 
r TOTAL EQUITIES 537.353.781 5450.534 
YOUR PORTFOLIOFOLDINGsE.,7 irv4*ED 51 017.907 
YOUR PRICEDPORTFOLIOHOLDINGS 552.688.200 ESLTS£00 -019-ANGS 
CI21 12201/0622133 COI PPM 
EFTA01260713
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BEAR MIS` STEARNS It" 10179
6 Cl 
Transaction Detail 
INVESTMENT ACTIVITY C.LARCD •IISOJGH C'S 
vist.Lr OMSO 5~01~ 
on 11201.3159 
FINANCIAL TRUST COMPANY INC 
sTANsorr mum ~tee 1.2005 
TsillOUCH NovertOtt 30.2005 
ACISOLAST ~Ma alit 
~AYER ~ER On FAA 
LAST slammer Omaha 31.2006 
5IØ MOE WE 0Alt nuaSTC113N OLSCRPTION MAIOUCUSP MAMIE PRICE OW ~LW 
11/21/05 JOURNAL CALL COLGATE PALM NOV 055 •••• 1941829K1 200 
DP 1111917005 
11/29/05 11/23/05 SOLD CROW NATUNT 
COLGATE PALMOLIVE CO Cl. -SO.0O3 53.70780 2.682.277.75 UNSOLCITED 
TOTAL 52.682.277.75 
DEPOSITS AND WITHDRAWALS 
OM libueSACIEW OCTERrow 
11i07/05 FUNDS REC ENDS VARED TOCITIBANK FROM OMIT "WW1 CREW MOUNT 
1MRNE NYC 
F0453110076701 91.131.25 
11/08/05 FUNDS REC ENDSWIRED TO CMBANK FROM 
INIORGAN CHASE 
10653120133N:el 
TOTAL 143.300.87 
5234.432.12 
MONEY FUND ACTIVITY 
DATE 
LOWY liwaCnoN CISCRIPMN 
11101/05 OPENINGBALANCE stmicucuso OLmmy max DEW AYOUB« WM »OM 
12.080.807.31 
11A)1/05 BOUGHT DREYFUS CASH MANAGEMENT -CL A DØ 4.531.74 1.0000 4.531.74 NSITTUTTONAL SHARES 
11/01/05 DIVIDEND DREYFUS CASH MANAGEMENT -CL A 
INSTINTIONAL SHARES MONTHLY ONDEND 6.103.81 
on vouosto:ss 001 1/99. 
EFTA01260714
BEAR 
STEARNS OFFICE SERVICING YOUR ACCOUNT 
Beer. Steams & Co. Inc. 
New York. New York 10179 
7 or. CLEARED Tegiar.n rtS 
vineur OAT= SIAS;PARY 
tota . SournsSitu.on 
Ortega. New Yen II2014859 
FINANCIAL TRUST COMPANY INC 
sneer KN.") Nerrember 1.2036 
Transaction Detail (continued) 
MONEY FUND ACTIVITY (conttued) 
tout nwouom Ncreber 30, 2005 
ACCOurir 
TO)AvER walla On Fla 
um *TAMAN! October 31.2005 
IOW OINSCOdi DtSCRPMC•1 StwePAWN 0_UT? owe can Merl GRECO /MOM 
11101/05 REINVEST DREYFUS CASH MANAGEMENT -CL A 6.103.61 8.103.81 
INSURITIONAL SNARLS 
C)ONMENO REINVEST 
0 11/07/05 BOUGHT DREYFUS CASH mANAGEmENT.CL A 
ISTITUTIONAL SNARES c403( 91.131.25 1.0300 91.131.25 
11/09/05 BOUGHT DREYFUS CASH PAANAGEmENTa A MOO( 143.300.87 1.0000 143.300.87 
-n 11/15/05 BOUGHT DiSirtuTIONAL SHARES 
DREYFUS CASH MANAGEMENT -CL A 
eismtmom. SNARES DIC)Cf 30798 1.0000 30,798.00 
C 
in 11/22105 
11/29/05 BOUGHT 
BOUGHT DREYFUS CASH MANAGEMENT -CL A 
INSFITLMONAL SHARES 
DREYFUS CASH MANAGE?: n. a A 
INSITTuTCHAL SHARES DIM( 
DION 295.468.26 
2,682,277.75 1.0000 
1.0000 295.468.26 
2.882.277.75 
11/30/05 CLOSINGBALANCE 15.334.418.79 
r 
S8LTS£00 -019-ANGS 
I8
IJ IpJ 
-3 TOTAL S-3 253 611.48 S6 103 81 
DIVIDENDS 
OAR COOIMPTCM SIMIOL/CUSP %WIN RATE (4 DONT WONT CREW DAIOUNI 
11/15/05 COLGATE PALMOUVE CO CL 106.200 0.2900 30.798.00 
REC 10/26/05 PAY 11/15/06 
11/21/05 DEERFIELD TMARC CAP CORP 244572202 300.000.03 
ACCREDITED INVESTORS RD 11/77 RD 11/21 WI 80000 
CSN ON ON 100=0 SIM 
CASH OF/ 
TOTAL 5330.798.00 
021 17/01/45:0713 CO1 Wee 
EFTA01260715
Fn 
I8
b.) 
b.) 
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00 
T4iNaGUNO0 98LTS£00-019-ANCIS BEAR 
STEARNS OFFCE SERVICE% YOUR ACCOUNT 
allagork 10179 
8 a s 
Transaction Detail (continued) 
INTEREST 
out OtSCRP/111 
1121105 INT 
10r2DIE)R.50CCO% 
BA!. 0 AVG 1169481 
TOTAL S-4.531.74 3111101101Se 0.LARCO naCtiCo r3 
wnOLLY Onna0 SVISOLARY 
eat 
assert 11201.3359 
FINANCIAL TRUST COMPANY INC 
STATILICXT MECO NOVenlEtt 1. 2005 
THROUGH tiOvernter 30.2005 
ACOXill tune% 
TAXPAELA mediel1 On FM 
tASE STATMENT October 31.2005 
202 110 air "NOM CREW MOON, 
4,531.74 
MISCELLANEOUS 
art Wow TRONSAL113,1 OfEatiensa DEBT OAOLV(2 CIOZO WOW 
11/22/05 XVRNAL JOURNAL FROM TYPE ITO 2 4.531,74 
11/22/05 JOURNAL JOURNAL FROM TYPE 1 TO 2 4,531.74 
TOTAL 1-4.531.74 54,531.74 
STOP] End of Statement 
017 11070607 15 001 AIM 
EFTA01260716
CLEARED TER016311 
ARCALY 016i0 Sut1SOLDAY 
OFFICE SERVICING YOUR ArrnuNT 
Bear. Steams 5 Co. Inc. 
BEAR 383 Madison Avenue 
New Tat New York 10179 
STEARNS Raw Stan Loran . 
013859 
COMPANY INC Pave 01 
FINANCIAL TRUST 
ACCOUNT EXECUTNE Zr.NERMAN.IRA 
TELEPHONE 
VISIT OUR WEBSITE vAny.bearsteams.com 
What's In This Statement 
Financial Summary 3 I 
FINANCIAL TRUST COMPANY INC /DAMARA? PERDO 
TAltou04 
Alm PC Y-61101 
MOAK* NVIALIER 
VAST STATEDEME October 1. 2005 
0cmer 31.2005 
D Fib
SepleArCer 30. 2005 
Your Portfolio Holdings 4 00 AMERICAN YACHT HARBOR 
Transaction Detail  
Fund Activity  7 
ST THOMAS VI 00802-1348 
0 
-n 
Your Portfolio at a Glance 
TOTAL VALUE OF SECURITIES TILLS PERIOD 37.785.848 C.° C.W.O.. Market Value of Your Portfolio 
S12.085.339 
P515.190 C 
in NET CREDIT BALANCE 4.532 [was 137.790.848: S-S,CCO 
582.488.888 S-8.000 MONEY MARKET EURO BALANCE 12.080.807 
Curter* ma,t NW 
r NET EQUITY ma PINGO 
NET FOUR LAST STATEMENT $49.871,187 
82,636.678 OMLas gatelwall =Met wAue 
slot motet Sue 
CHANGE SNCE LAST STATEMENT -32.765.491 
There are no 'Stop Loss' orders or other pending b
or sell open orders on file for your account 
En 
IS IJ 
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aLTS£00 -019-ANGS 
Pease ?Ann *AI 6 d o6fAcr RAD recnd a ad.nrsi b py 
CA., a an Own Swam N S. Ron Sawn 
116608. NY 11X14850. t TM wary is for menttAtel payesti eery. E N Mt rteried as • tic 6xurict 
6.6eallet Wad be Mime 'Cr you. Ian Sot Mtn< fa ICe rPCNrI 166.16119. 
021 110050S 34 001 11197 
EFTA01260717
r, nese, TO RS 
wrCt.LY DMCD SuO.SOTTRY 
1110111111Mit 
airsircerc 11.201.3859 
FINANCIAL TRUST COMPANY INC 
2 ergo 
0 z 
ii
C rn z -H 
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88LTS£00 -019-ANGS 
IJ IpJ 
C STATEMENT BACKER IS PRINTED ON THIS PAGE 
033 I1g%q&  001 V897 
EFTA01260718
rn 
IJ li) 
tBEAR 
STEARNS OFFICE SERVICING YOUR Accoun: 
Bear. Steams & Co. Inc. 
New York. New York 10179 
3 a .c 
Cash Flow Analysis 
MS MOO Income Summary ThisTDB ID Out 
Opening Ba lance 
Securities Sold 
Money Fund 
Dndends/Interest $0.00 
18.015.157.21 
670921.28 
223,003.00 Dwiderds 
Creek Balance Int. 
Total 
Foreign Tax Withheld 224.387.50 
0.00 
5224,387.50 
0.00 2.216.693.31 
2.395.40 
52.218088.71 
-2.227.67 
0 Miscelanecus 19.716.376.76 M.ngki Int Paid -30467.43 -38467.43 
TZ Amount Credited 538.625.458.25 
tl SectrlUes Soule -989.905.00 Portfolio Composition 
C 
in Money Fund 
DiudendsfIrr.erest Charged 
Mescellaneote • -12.584.554.08 
.36.467.43 
-25.000.000.00 940W 
Cashtash Equwalent 
Wits 5.000 ON 
12.085.339 
37.790.848 
Amount Debited S-38.620,926.51 Total 55.000 549,878.187 
Net Cash ActMty 4.531.74 
Clceltwpalance 54.531 74 
r 
68CESEOCIN9 -ANGS Sas ary trews a ash buts, soar, ape ay nal rade<
- an at a me a di Sr al fee Peewee I' acne 
KOWA a NAAS Cele 
Cash Balance Summary 
Cash 0.00 4.531.74 
Net Cash Balance $0.00 54.531.74 atom meows its 
MOLLY 00.40 SUOIMIXARY 
Ere t Srelestleordes 
Ereekte. New ark 2013•50 
FINANCIAL TRUST COMPANY INC 
sTATthea maw October 1. 2005 
"mown Oclobc. 31. 2005 
ACCOUNT IS ER 
TAXPAVTA NUMBER 0/1 FYI 
LAST STATVAPIT 54oternbw 30.2006 
Your Portfolio 
Allocation 
Cafe & EiawalC411-, 
24% 
Stahl (gut 
<1% 
Equhos 
75% 
teepee totem dIec orb' Mine eke eert 
narnt rat. The alocolom percener 4 Ozeked 
Fn Po ieesiA• tyleht al Ica. Kaltab 
021 C11,O5O6 14 COI 1697 
EFTA01260719
0 
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06LTS£00 -O19-ANGS 
IS b.) 
IpJ 
00
00 
IN) BEAR STEARNS OFICE SERVICE% YOUR ACCOUNT 
Mile 10179 
4 er io 
Your Portfolio Holdings 
CASH & CASH EQUIVALENTS 
OESCSIV11011 
CASH BALANCE SYS.30L/CLISI OMWIrN TEFL 
4.532 ESI1kWIED CURRENT 
A108)AL MD OE) CLEARED 11.V..iCei rts 
%%mai, Onfa0 Sufism/ow 
sawn 11201.38..9 
FINANCIAL TRUST COMPANY INC 
surnahT KA00 October 72005 
name October 31.2005 
se-COuNT mA8801 
ionvER MWYA On Ft 
Lost stwowor Sweeter 30.2005 
DREYFUS CASH MANAGEMENT -Q. A DIDM 
risTrtunckAL SHARES 
EST 30 DAY AVG EMU) 3.7500% 
TOTAL CASH & CASH EQUIVALENTS 12,080,807.31 1.0000 12.080.807 410.747 3.4000 
$12.085.339 5410.747 
EQUITIES 
Equities & Options 
The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the FrMs Equity Research Department. The first rating represents the stock's total return 
relative to the other stocks covered by that Analyst. The key For the stock rating values is as follows: 0 = Outperform; P - Peer Perform: U = Underperfcem. The second rating 
represents the rating of the coverage universe relative to the regional broader market index. The key For the Sector rating is as follows: MO - Market Ovenveight: MW - Market 
Weight: MU = Market Underweight. In cases where a BSC rating is present. the name of an independent. thirdparty research provider and their rating may also be displayed. 
where such research is available. The various providers have normalized their ratings systems as follows: B - Buy: H Hold: S - Sell The ratings information contained herein 
is for informational pi/poses only and Is not intended to provide tax, legal or investment advice. Bear Stearns Is neither soliciting any action based on such information, nor 
endorsing any recommendation or opinion expressed by any independent. thin:Teeny research provider. The symbol indicates that continuing coverage of the subject 
company is temporarily not available due to legal reasons. 
Independent. thrd-party research o ' 'es covered by the FinlIS research is available to customers of Bear Stearns at no cost. Customers can access this research 
at www.bearstearns.com or can call to request that a copy of this research be sent to them. 
DESCRP104 Srull0LiEUS19 
APPLE COMPUTER INC AAPL 
8SC RATING: STOCK 0/SECTOR MW BOYARS ALTER/UTNE VIEWPOINT 
RATINGS ACC! 
CASH OluNfirr
20.1:100 PbCt PAMICEI tsnumeo 0.0111.00 
VALUE Walk NOW( 211.1.0 nn 
57.5900 1,151,800 
SEAR STEARNS COMPANIES INC BSC CASH 130,000 105.8000 13.754.000 130.000 0.9452 
027 11.01/05:00,14 001 
EFTA01260720
O-LANG NowuGm In 
"coy ONNEO SUSSIYARy 
IpJ-n 
C 
in 
r 
T6LTS£00 -019-ANGS BEAR 
STEARNS OFFICE SERVICING YOUR ACCOUNT 
Bear. Sten & Co. Inc. 
New York. Now York 10179 
5 a :c 
Your Portfolio Holdings (continued) 
Equities & Options (continued) 
ACCT MARCEL estwattO CURRENT DISCRPTIOW SIABOLCUSP NPL WORM Plea VALUE IANWL Itatbit TI(t0 rs) 
COLGATE PALMOLIVE CO CL CASH 106.200 52.9600 5.624.352 123.192 2.1903 
BSC RATING: STOCK WSECTOR Lew 
FueCRuM GLOBAL PARTNERS. LLC 
RABIC: B ileal a wan Smelts 
bticOr. N. at •70 4159 
FINANCIAL TRUST COMPANY INC 
STATEwbil EfR00 October 1.2005 
THA0-10.4 October 31.2005 
Accoun Mildl E 
TAXPAYZR wiA.Merg Ore Fle 
LAST STATACYT September 30.2005 
CALL COLGATE PALM NOY055•••• 11955 CASH .200 0.2500 4.000 
EXP 11119(2006 
DEERFIELD TRLARC CAP CORP 244572202 CASH 
ACCREDITED DIVESICRS 1.000.000 12.9700 12.970,000 
ENVIRONIMNTAL SOLUTIONS ESVAV CASH 100.000 0.5500 55.000 
WORLOWDE NC 
KERZNER INTERNATIONAL LTD KA CASH 10.000 58.3500 583.500 
BSC RAMC: STOCK 0/SECTOR MW 
NED DAMS RESEARCH RATING: H 
VECTOR GROUP LTD VGR CASH 159.589 19.9600 3.185.396 255.342 8.0180 
WYNN RESORTS LTD WYNN CASH 10.000 46.6800 466.800 
8SC RATING: STOCK MEMORIAM 
WALL STREET STRATEGIES 
RATING: H 
Total Equities& Opticms 337.785.848 6508.534 
TOTAL EQUITIES 637.785.848 5508.534 
YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME 6919.281 
YOUR PRICEOPORTFOLIOHOLDINGS 543871.187 
071 n01650334 00• YYt 
EFTA01260721
11 
m 
r 
Z6LTS£00 -IA19-ÅNGS 
1
8 b.) 
Ja IpJBEAR 
STEARNS OFFICE SERVICING YOUR ACCOUNT 
ladkork 10179 
6 el '0 
Transaction Detail 
INVESTMENT ACTIVITY 
SETTIDAEM MIX 
DATE DATE TRANS/03N 
10/06.05 1W WUL Manx 
BEAR STEARNS COMPANIES INC 
JOURNAL FROM TYPE 1 TO 2 Snmaucum. Limin 
BSC -450.000 0.EARED IIPIOV>1 r7s 
Vil*O.LY CAVED StALMARY 
~rte., 11}01-385D 
FINANCIAL TRUST COMPANY INC 
STATTWICT nag° October 1.Ø5 
THROJGH Ottobe 31. 2005 
FCCOL.IT ~MA ~ra 
1~mi:it WWI«. On Flo 
LAST STAUNCH, Smerntx« 30. 2005 
NOCE 00111 AVC4.41 CREW AMOUNT 
10/06/05 JOURNAL EQUITY OFFICE PROPERTIES TRUST EOP -110.000 541 JOURNAL FROM TYPE 1 TO 2 
JOURNAL BEAR STEARNS COMPANIES INC BSC 450.000 JOURNAL FROM TYPE 1 TO 2 10/06105 
10/06105 JOURNAL EQUITY OFFICE PRCPERTIES TRUST EOP 110.000 S8I 
JOURNAL FROM TYPE 1 TO 2 
10117/05 10/12/05 BOUGHT ARRA COMPUTER INC 
WITH RIGHTS TO PURCHASE COMMON 
SDI UNREDDER CERTNN CRCULISTANCE UNSOUCWE TAME A MKT RI THIS SECURITY AVG PRICE: IIETAILS ON REQUEST UNIT PRICE 49.435000 /APL 
10.24/05 20.000 49.49500 989.905.00 
JOURNAL O 
VS COMPANIES INC BSC µ .100.000 
T 7.14AT 1 
10127/05 1024/05 SOLD IMCNCAU REALTY CORP 
UNSOUCRED CU 48.100 41.90500 3.686.385.18 
10127/06 1024/05 SOLD TOO INC 
UNSOLICITED TOO 4,100 27.20240 111,274.17 
10127/05 1024/05 SOLD BEAR STEARNS COMPANIES INC 
UNSOLICITED BEAR STEAMS å CO. INC. 5 A 
VSP 7/14/059 sussicum OF DI06.26E ISSUER. 1 
EQUITY OFFICE PROPERTIES TRUST (OP -110.000 30.69360 3.369.549.87 581 
UNSOLICITED BSC -100,00) 104.54700 10,448,257.99 
10/27/05 1024/05 SOLD 
027 11/~01,4 Ø ven 
EFTA01260722
-n 
in 
r 
E6LISE00 -019-ANGS BBNR 
STURNS OFFICE SERVICING YON Accouorr 
Sew Stee0ö 8 Co Inc. 
New Yoh. New Yen 0179 
7 co ,0 
Transaction Detail (continued) 
INVESTMENT ACTIVITY (ccn0luee) 
SE1TtDAENT TOME 
DATE DATE TIAKSACTIDit DISCR911091 SYMEICUCUSP ~MT+ pAKI CEDE! A11001rt mot Now 
10127/05 JOURNAL APPLE COMPUTER INC AAPI. 20.000 JCIANAL FROM TYPE 2 TO 1 
10127/05 JOURNAL BEAR STEARNS COMPANIES NC BSC 250.000 JOURNAL FROM WEE 2 TO 1 
10/27/05 DELIVERED TOO INC TOO -45.9C0 
DEL 7000005 
1027/05 JOURNAL APPLE COMPUTER INC AML -20.000 JOURNAL FROM TYPE 2 TO 1 
1012705 JOURNAL BEAR STEARNS COmPATIES NC BSC -250.0O3 
JOURNAL FROM TYPE 2 TO 1 
1O/28/05 10/25105 SOLD 'ROST FIN HAL) IFPSF -1CO,CCO 3.99590 399.690.00 EMU HYST CL 
UNSOUCTTED 82005102507438 I 8 051025 
REPORTED PNCE 
4.055900 DEFERENCE -0.060003 
10/31/05 DELIVERED BEAR STEARNS COMPANIES INC BSC .120.000 
DEL TO 05198 
TOTAL S-989,905.00 $18.015.157.21 
MONEY FUND ACTIVITY 0.EMED 7i440u0n n 
vmCkur 0~0 SuniCtun• 
Ziee. Reams Scants 
Ye Yen 11201-3859 
FINANCIAL TRUST COMPANY INC 
STATOJINT Elmo OaCter 1.2005 
niActaaK (Mote 31.2005 
ANT m/74ER 
TAXPAYER ran3ER On ne 
LAST STATeutwT Sigarnbe 30. 2005 
art 
MOP! TM/GAME« DESCAPTION 
10101/05 STISCUCUSIP .0UPInDY PRIZ2 om Masa CAMP /MOUNT 
OPENINGBALANCE 155.790.01 
10/03/06 BOUGHT DREYFUS CASH MANAGEMENT -CL A NON 512.591 1.0000 512.591.00 ESTITUTTONAL SHARES 
027 111OUDIce»34 001 Yile7 
EFTA01260723
rn 
IJ of/ 0 
-n z 
C 
in z 
r 
V6LTS£00 -019-ANGS BEAR 
STEARNS OFFCE SERYCIttG YOUR ACCOUNT 
BEVY Stearns & Co Inc. 
Y York 10179 ULM= ThROLG14 n 
WHO./..Y INAZD SUOSIOVAY 
ft Nal Ism 11201.3e19 
FINANCIAL TRUST COMPANY INC 
STATEmENT MOD:0 °STOW 1.2005 
Tp00.4.1 °mom 31.2005 
Transaction Detail (continued) 
MONEY FUND ACTIVITY (continua:) 
OAK MOONY TRAPSC111N DESCRIPTOR SYmbatitta, Oumbrrt nett ACCOuNT KAMER Min 
TOONYER MIMM31 On EIC 
LAST STATEMENT September 30.2035 
ban man Mob Alcoa 
10/03/05 DMDEND DREYFUS CASH MANAGEMENT -CL A 
edmunOeui. SHARES DOG 1.155.77 
MONTHLY DIVIDEND 
10/03/05 REINVEST DREYFUS CASH MANAGEMENT -CL A MOM 1,155.77 1,155.77 NSTITUTIONAL SHARES 
DMDEND REINVEST 
10/06/05 SOLD DREYFUS CASH MANAGEMENT -CL A DIC10( -669,536.78 1.0000 669.536.78 IISTRUTONAL SHARES 
10/06105 DMDENO DREYFUS CASH MANAGEmENT-a. A DIClOI 228.73 INSTITUTIONAL SHARES RESIDUAL DRICEND 
10/27/05 BOUGHT DREYFUS CASH MANAGEMENT -CL A (Ca 11.573.149.05 1.0000 11,573,149.05 INSMUTIONAL SHARES 
10/28/05 BOUGHT DREYFUS CASH MANAP-FIAFTG-CL A ' Dna 507.658.26 1.0000 507.658.26 RISTITUDONAL SHARES 
10/31/05 CLOSINGBALANCE 12 080,807.31 
TOTAL 5-12.594.554.08 5670.921.28 
DMDENDS 
DATE DESCOPTEM STMEOUOJEF 010MITI RODE CS) DEIR Alta CREDIT AMOUNT 
10/17/05 EQUITY OFFICE PROPERTIES TRUST EC. 110.000 0.5000 55,000.00 $81 
REC 09/3(105 PAY 10/17/05 
10/17/05 MACKGAU REALTY CORP bEc 10405/05 PAY 10417,05 Cu 88.100 0.6300 55.503.00 
WT 11/01.06:01114 CM 1007 
EFTA01260724
ETT 
8 IJ IJ 
00
00 
--.1 C)
0 
-n 
C 
in 
r 
S6LTS£00 -019-ANGS BEAR 
STEARNS OFFICE SERVICING YOUR ACCOUNT 
Bear. Steams E Co Pc. 
New Yn New Yen 10179 
9 •: 
Transaction Detail (continued) 
DIVIDENDS (conUnued) CAMEO 1149303n RS 
WHOWE OARED SuSSORRY 
Bev Suers Saanias 
Nat of 1201 3359 
FINANCLD TRUST COMPANY INC 
summer nano °tuber 1.2005 
THR0uPT OCIPX4 31.2005 
*moue WIPER X72 
TAIDARTIR RPM. On FIR 
WT PATDIEVT Septerber 30.2005 
OAR DESORPTION SWEIOUCUSP MAMMY RAM RI DEa AVOUP41 COW!' MOOR 
10/28/05 BEAR STEARNS COMPANIES LNC 
REC 10,18/05 PAY 10'28/05 BSC 650,000 0.2500 112.500.00 
TOTAL 5223.003.00 
INTEREST 
an COOltP/101 Slat LSI Ctmitry AAR rhi ORR AVOUN7 CREOR AMOUNI 
10/21/05 INT 08 
09/21 .111.5012814 
ML 6005850 RIG 9721862 36.467.43 
TOTAL 5-36,467.43 
MISCELLANEOUS 
aR 
TIIMISACTKAI CtSCSFIPPC`. OMR AMMO MCC masa MODAY 
10703/05 JOURNAL FROM 151.250.00 
10/03/05 JOURNAL FROM 381.341.00 
10104/05 CASH-UEU VECTOR GROUP LTD 9.78 
CASH IV LIEU OF .50000 
REC 09/2005 PAY 0929105 
10706435 JOURNAL. JOURNAL FROM TYPE 1 TO 2 669.546.54 
10/06/05 JOURNAL TO 25.000.000.00 
PERL 
10/06/05 JOURNAL JOURNAL FROM ME 1TO 2 669.546.54 
10/07/05 JOURNAL JOURNAL FROM TYPE 1 T02 228.73 
10107/05 JOURNAL JOURNAL FROM TYPE 1TO 2 228.73 
027 11.01/05113511 0D1 VIO7 
EFTA01260725
rn 
I8IpJ 
Ja 
DO IJBEAR 
STEARNS CefICE SERVICING YOuR ACCOUNT 
Sett Stearns C . Inc. 
N Y Yak 10179 
10 cri, rtnuati) TWR01.0. rIS 
VA•DU.Y OWNED SUBSONRY 
~rut 20 3113.9 
FINANCIAL TRUST COMPANY INC 
STATEMENT PIIROD OCOD« 1.2005 
THROW. Ocsater 31.2005 
Transaction Detail (continued) 
MISCELLANEOUS (continued) 
art ØY ~ACM« OtStAIPTEN. OM Amapa acccsea roan ~a 
TAXPAYER ~Mk On no 
LAr nitwit ~sr 30.2øs 
CREDO AVOW 
10/17105 JOURNAL JOURNAL FROM TYPE 1 TO 2 110,503.00 
10.07/05 JOURNAL JOURNAL FROM TYPE 1 TO 2 110.503.00 
1011705 JOURNAL FINAL REODAPTION 19,203,776.00 
z 
-n 10/2705 
1027/05 
10/28/05 JOURNAL 
JOURNAL 
JOURNAL JOURNAL FROM TYPE 2TO 1 
JOURNAL FROM TYPE 2TO 1 
JOURNAL FROM TYPE 2T01 7.775.489.70 7,775,489.70 
112,500.00 
10/28/05 JOURNAL JOURNAL FROM ME 2T01 112.500.00 
in z TOTAL 5-33.658267.97 528.384.644.73 
r 
96LTS£00 -IA19-ANGS STOP   End of Statemen 
027 ,:91N5Ø14 CO1 
EFTA01260726
ITT 
8 b.) IpJ 
00 O 
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C 
in 
r 
L6LTSEOCIA19 -ANGS BEAR 
STEARNS OFFICE SERvICING YOUR ACCOuvr 
Sem Stearns a Co. Inc. 
383 Madison AVMs 
II In Iul .11 ..... 
FINANCIAL TRUST COMPANY INC 
C/0 AMERICAN YACHT HARBOR 
ST THOMAS VI 00802-1348 CLIME° /1440..0. rTS 
wna. O'AttO SIASCMItY 
iBlialirn1 Sion*. 
BrCOthlt Nal RA 11/014850 
FINANCIAL TRUST COMPANY INC 
STAIS1SNT PER103 $ePteatr 1.2035 
YKROWN September 30.2005 
...W0 MT SWIM 
TAxPAYEA MAWR On no 
LAST STATOIENT AIM= 31.2005 
Pursuant to your previously issued instructions. Bear Stearns Sectaries Corp. provides duplicate monthly statements and/or Uansaction confirmations to the 
Wird parties listed on the cater page of this statement. If you wish to modify a cease distribution to any of the recipients indicated. please contact your 
Account Executive. This reminder notice will continue to be provided to you on your quarterly statements. 
Third Party 
1 EPSTEIN a CO 
457 MADISON AVE 4TH FLOOR 
NEW YORK NY 10022 
027 100105.11 SO 001 TUe 
EFTA01260727
CLEAPIO ThltOttoi its 
%WILY OWNED Putman 
CiFICE SERVICING YOUR ACCOUNT 
BEAR Inc 10'79 
STEARNS FINANCIAL TRUST COMPANY INC 
ACCOUNT EXECUTIVE ZICHERMAN.IRA S•ATE'N.NT Pf/000 September 1, 2005 
TELEPHONE MMID Seet Wilber 30. 2005 
VISIT OUR MOSHE wAvo.bearstraams.ccen 
What's In This Statement ICCOu,rt MASK as -manna HALER On Tie 
Financial Summary 3 FINANCIAL TRUST COMPANY INC LAST STAITVENT ALOUtt 31.2005 
Yotr Portfolio Holdings 4 C/0 AMERICAN YACHT HARBOR 
Transaction Detail  6 
0 
0 Fund Activity  
Your Messages  7 
9 ST THOMAS VI 00802-1348 
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86LTS£00 -019-ANGS Your Portfolio at a Glance 
TOTAL VALUE OF SECURITES TN6 PERIOD 82.480.888 Market Value of Your Portfolio 
s when _6%5.790 S10.836.205 
MONEY IAARKET FUND BAIANCE 165.790 ENulfes- 582.488.8ED S-8.000 
578.392.705 5..14,000 
NET mum ms PERIOD 682.636.678 OPTent POOH yatie 
NET ECTUTIV LAST STATEMENT 89.214.910 la Tau stmanwes mattat value 
Start market vale 
CHANGE SINCE LAST STATEMENT -6.578.232 
There are no 'Stop Loss' orders or other pending buy 
or sell open ceders on file for your account. 
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Cash Flow Analysis 
THIS PIRD3 Income Summary IRS PERIOD Yuan) Calk 
Opening Balance 30.00 Dmdends 73.541.80 1.992.305.81 
Credit Balance Int. 0.00 2395.40 
Money Find 11.012.745.80 
Funds Deposited 248.043.09 Total 573.541.80 51.994.701.21 
Divdendsamerest 80.796.00 Foreign Tax Withheld 0.00 -2.227.67 
Amount Credited 511.319.584.89 
Money Fund 419.584.89 Portfolio Composition 
Funds Weidman, .1.000.000.00 SHORT tag 
licallaneous -10.000.00100 Cash/Cash Equlralent 155.790 
Amount Debited 5-11.319.584.89 Equities 8.000 82.488.888 
Closing Balance 30.00 Total 38.000 582.644.678 
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CC* Menace Cm* NOM 
Pew York 11201485. 
FINANCIAL TRUST COMPANY INC 
STATEVEHT REMO September 1.2005 
TPROUGH Septeerte 30.2005 
ACCCURT 'Legate 
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tat frATERENT Augnl 31. 2005 
Your Portfolio 
Allocation 
L- [quotes 
99% 
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Your Portfolio Holdings 
CASH & CASH EQUIVALENTS 
alumni meows. 
DREYFUS CASH MANAGEMENTC1 A DICICE 
iNSTRIIIIONAL SHARES 
EST, 30 DAY AVG VELD 3.6200% 
TOTAL CASH di CASH EQUIVALENTS QUISTITY 
155,790.01 WEB MIMED OSLO MKE VW/ MOM P CO I MD ea 
1.0000 155.790 5,297 3.4001 
$155.793 $5.297 
EQUITIES met rot n01.3859 
FINANCIAL TRUST COMPANY INC 
3ThremexT et1000 Septrber 1.2005 
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Accattr V.A•INFI 
TAIMAYEA 
LAST STAR 14.0 Sermarrter 30.2005 
Co Fib 
AKust 31.2005 
Equities & Options 
The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the Firm's Equity Research Department. The first rating represents the stock's total return 
relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: 0 - Outperform: P — Peer Perform:LI= Underperform. The second rating 
represents the rating of the coverage universe relative to the regional broader market Index. The key for the sector rating is as follows: MO — Market Overweight MW - Market 
Weight; MU - Market Underweight. In cases vmere a 8SC rating is present, the name of an independent, third-party research provider and their rating may also be displayed. 
where Such research is available. The various providers have normalized their ratings systems as follows: B - Buy: H Hold: $ - Sell. The ratings information contained herein 
is for informational purposes only and Is not intended to provide tax, legal or imestment advice. Bear Stearns is neither' soliciting any action based on such information. nor 
endorsing any recommendation or opinion expressed by any independent, third-party research provider. The symbol indicates that continuing coverage of the subject 
company is temporarily not available due to legal reasons. 
Independent. third-party research on certain companies covered by the Firm's research is available to customers of Bear Steams at no cost. Customers can access this research 
at wwebearsteams.com or can call (800) 517-2327 to request that a copy of this research be sent to them. 
COMPTON SYLISOUCUSIP MST TIPC OUANTIY ACE WflU vaLC [smarm 1/101k. INCOME 0.0:5001 MD (Ml 
BEAR STEARNS COMPANIES INC BSC CASH 450,000 100.7500 49.387.500 450,000 0.9112 
COLGATE PALMOLIVE CO CL CASH 106,200 52.7900 5.606.298 123,192 2.1974 
BSC RAMS: STOCK 0/SECTOR MW 
FULCRUM GLOBAL PARTNERS. LW 
RATING: B 
CALL CCISATE PALM NO1/055"" 
ON 11/190005 CLIC55 CASH -200 0.4000 -8.000 
Oil 1093060130 COI MW 
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Bear. Steams & Co. ku. 
New York New York 10179 
5 a40 
Your Portfolio Holdings (continued) 
Equities & Options Dointinuec0 
COMMON SYMIOUCU9P ACC1 nx 01.11.460Y Neat WW1 SAM ESTWATE0 Waal POSSE CURRDR 
YIE10(%) 
DEERFIELD TRIARC CAP CORP 244572202 CASH 1,000.000 13.8500 13.850.000 
ACCREDITED INVESTORS 
EQUITY OFFICE PROPERTIES TRUST EDP CASH 110,000 32.7100 3,590.100 220,000 6.1143 5BI 
BSC RAMC: STOCK P/SECTOR MW 
GREEN STREET ADVISORS. INC. RATING: 
ENVIRONMENTAL SOLUMIS ESWW CASH 100,000 0.6700 67.000 wiNILDwC4 INC 
ip&OST FIN RAU IFPSF CASH 100,000 4.4890 448,900 8.200 1.8287 EUR1 laNST CL 
KERNER INTERNATIONAL LTD KR CASH 10.000 55.5500 555.500 BSC RATING: STOCK P/SECTOR MW 
NED DAYS RESEARCH RATING: B 
MACK.CALI REALTY CORP CU CASH 88.100 44.9400 3.959.214 222.012 5.6075 
BSC RAMC: STOCK P/SECTOR MW 
GREEN STREET NWISCOS, INC. 
RATING: H 
TOO INC TOO CASH 50.000 27.4300 1.371,500 
BSC RATING: STOCK P/SECTOR MW 
GARP RESEARCH RUNG: B 
VECTOR GROUP LTD VGR CASH 159,589 20.0100 3.193.376 255.342 7.9960 
VANN RESORTS LTD WYNN CASH 10.000 45.1500 451.500 
BSC RATING: STOCK 0/SECTOR MN 
WALL STREET STRATEGIES RATING: H 
Total Equities& Options 582.480.888 51.278.746 
TOTAL EQUITIES 582.480.888 51.278,746 
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stcoaSIS sew Von 11201.310 
FINANCIAL TRUST COMPANY INC 
STATEwfh7 nano Septerrter 1.2005 
noTotwa Septerrear 3o. 2005 
awn PIIMIOR 
TAYPAYER NUISER 011rb 
LAST STAMM? Await St 2006 • 
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Beat Steams & Co. Inc. 
New York. New York 10179 
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Your Portfolio Holdings (continued) 
YOUR PORTFOLIOHOLDINGSESTIMATEO ANNUAL INCOME 51.284.043 
YOUR PRICED PORTFOLIOHOLDINGS 582.636.678 
Transaction Detail 
INVESTMENT ACTIVITY 
St171.11ANT 11>w 
0911 C.411 TWISACTION 01301111110N 
09/29/05 09/20/05 BOUGHT $11490UCUSIP CLEARED 1141w01 Nn 
v•VOtrf 0,910 Suisccory 
9ew Sion Sorb, 03, 
07e litotatti Caviar /..bm, 
froofr/r. 1,97 Vom 11201.3449 
FINANCOL TRUST COMPANY INC 
STATENENT 1111300 SiottoMbY 1.2005 
1141Ctral Sexembe 30.2005 
ACCOUNT KAISER 
TAXPAYER MASER On tie 
LAsT $TATOWC August 31, 2005 
OUMMY Mb= DENT AMMO MOM wean 
VECTOR GROUP CTO VGR 7,599 
SEE NOTE t ON RACK 
SYRON ON 151990 585 
REC 09(20105 PAY 09/29/05 
AS CC 09(20105 
TOTAL 
DEPOSITS AND WITHDRAWALS 
DUI 111ANSACTION DESCRWT1314 01ST MOUNT CREPT AMOUNT 
09/06/05 FUNDS REC FNOSVARED TO CITIBANK FROM 246.043.09 
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STMEARNS OFFICE SERVICING YOUR ACCOUNT 
Beer. Szeems 6 Co. Inc. 
New Yak New York 10179 
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Transaction Detail (continued) 
DEPOSITS AND WITHDRAWALS (continued) 
DUE 
09112/05 FND WIRED m0A4m8078538FNDSvARED TO TRANSACIICN DISCRPION COP MOW GREW MOAT 
S 
Ilk
0 TOTAL 34.000000.00 5246.043.09 
MONEY FUND ACTIVITY 1,000,000.00 POSTS£00 -019-ANGS FINANCIAL TRUST comFANy INC 
STATEMENT 02=0 Strp*MUI T. 2005 
Ti4tOLOI September 30.2005 
IKbWI WEER 
TaxPAYER want On rile 
tar smmicwr Augat 31.2006 
DATE 
MOIMY 'WM0411011 CESOOPTIM MICAS 010=7 pe1R 0011 M T CAM AMOUNT 
09101/05 OPENINCBALANCE 10.836.205.12 
09101/05 SOLD DREYFUS CASH MANAGEMENT -CL A DI00( W 40,000.000 1.0000 µ 10.000.000.00 INSTITOTENAL SHARES 
09/01/05 DIVIDEND DREYFUS CASH MANAGEMENT -EL A DIC)0( 12.745.80 
INSTITIMNAL SHARES 
MONTHLY DIVIDEND 
09/01/05 REINVEST DREYFUS CASH mANAGEmENT-CL A 
INSTITUTIONAL SNARES 
ormEND REINvEsT DIEU 1Z745.80 12.745.80 
09/07/05 BOUGHT DREYFUS CASH mANAGEMENT.D. A DIC)0( 246.043.09 1.0000 246.043.09 
INSTITUTIONAL SNARES 
09/12/05 SOLD DREYFUS CASH MANAGEMENT -EL A DIOcc .1.000000 1.0000 1.000.000.00 Renn.moNAL SHARES 
09/29/05 BOUGHT DREYFUS CASH MANAGEMENT -CL A DIEM 50,795 1.0300 60.796.00 INSTITUTIONAL SHARES 
09/30/05 CUDSING8ALANCE 155.790.01 
TOTAL S-319,584.89 511,012,745.80 
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Bear. Steams & CO. Inc. 
New York. New York 10179 
Transaction Detail (continued) 
DIVIDENDS 
CAR [ems: me 
049/29A7.5 VECTOR GROUP LTD VGR 161.990 0.4000 60.796.03 
REC 09/20.05 PAY 0929.05 
TOTAL SAIS0LaiS2P =ARM THROuOn ITS 
mai &MED SoliSCagre 
erriewer semis 
mope. wee Yew 201.3169 
FINANCIAL TRUST COMPANY INC 
summer new00 Sweeter 1.2005 
mecum September 30.2005 
AOCOUNT WSW 
TAXPAYER totite On Fie 
LAST STATINENT Myst 31.2005 
Ora! Stet In Ina MOST CREPT AMOUNT 
$60396.00 
MISCELLANEOUS 
OAT( 
mom' TRAKAC110N OESCS1PrOst 
09,01/05 JOURNAL 
TOTAL OE en ACM OISIST MUNI 
TOE 10.000.000.00 
5-10.000.000.00 
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Your messages 
ma-Bear. Steams Securities Cap. Net Capital and Net Capital Requirements: 
At May 31. 2005 and July 31. 2005. the Cornpanys net capital of 
approximately 44.1 billion and $3.9 billion was approximately 6% and 7% of 
aggregate debit items and exceeded the minimum regulatory net capital 
requirement of approximately 51.3 billion and S1.1 billion by approximately 
52.8 billion and 52.8 billion. all respectively. 
A complete copy of the Bear, Steams Securities Corp. Statement of Financial 
Condition is available on the web site wmv. ativety, to 
request a free printed copy please call - toil freefa' TM 11201.1.40 
FINANCIAL TRUST COMPANY INC 
STATEsell Pt /t00 SW.001W 1.2005 
Soxembee 30.2005 
ALMS( MAW 
TAXPAYER %MYR On Fie 
LAST STATEW%7 AtAgInt 31.2005 
Securities and other assets in your account are the firm's collateral for any 
margin loan made to you. If the securities and other assets in your account 
decline in value, so does the value of the collateral supporting your loan, and. 
as a result, the firm can take action. such as issue a margin call and/or sell 
securities or other assets in any of your accounts held with the member. in 
order to maintain the required equity in the account It is important that you 
fully understand the risks involved in trading securities on margin. these risks 
include the following: 
- You can lose more funds than you deposit in the margin account. 
- The firm can force the sale of Scarifies or other assets in your accOun(s). 
• The firm can sell your securities or other assets without contacting you. 
• You are not entitled to choose which securities or other assets in your 
account(s) are liquidated or sold to meet a margin call. 
- The firm can increase its 'house maintenance margin requirements at any 
time and is not required to provide you advance written notice. 
- You are not entitled to an extension of time on a margin call. 
027 100/01,1150 0:01 
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BEAR 
STERNS OXFCC SERviel% YOUR ACCOUNT 
mar10119 
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LOSTS£00 -01D-ANGS This statement is provided to explain Bear. Steams & Co. Inc.'s cBSC) 
payment for order flow practices. 
BSC routes a majority of orders for customer securities transactions to the 
primary market for such securities. Orders may also be routed to other market 
service vendors that assure executions pursuant to complex mathematical 
formulas at better than the national best bid or best offer (NBB0). BSC 
receives no cash payment or other consideration for such order routing other 
than favorable executions or executions of limit orders at no additional charge. 
End of Statement ITar CLVACO ThltOtS1 rts 'ASOLLY OWSED SJSSOORY 
FINANCIAL TRUST COMPANY INC 
sinnuen 'moo sexember 1.2005 
T.4.043.4 Sereornbee 30.2006 
ACCOINT MAW 
TAX.Verlt MAIM en Fit 
LAST STATEWNT Ateig 31. 200S 
Pursuant to SEC Rule tact



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[Image 1] The image shows a document with a table of numbers and text. The document appears to be a financial or accounting statement, given the columns with numerical values and the text that seems to be related to expenses or income. The top of the document has the word "CONFIDENTIAL" in bold, indicating that the information is sensitive and not meant to be shared publicly. The text is too small to read i

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[Image 4] The image shows a document with visible text and numbers, which appears to be a financial or accounting statement. The document is titled "CONFIDENTIAL" at the top and includes sections such as "Amount," "Date," and "Description." There are numerical figures and descriptions of transactions or expenses. The document is a scanned copy, and the text is slightly blurred, making it difficult to read a

[Image 5] The image shows a document with visible text and numbers, which appears to be a financial or accounting statement. The document is titled "CONFIDENTIAL" at the top, indicating that the information contained within is sensitive. The visible text includes a list of items or transactions, each with a description and a corresponding dollar amount. The document is a scanned copy, and the text is slight

[Image 6] The image shows a document with visible text that reads "CONFIDENTIAL" at the top. Below this heading, there is a section titled "Confidential Information" with a red line drawn through it, indicating that the information is not to be shared. The document appears to be a financial statement or report, with various sections and tables that include numbers and descriptions related to income, expense