2. June 2009: The Federal Reserve Transparency Act would require the first audit ever of the Federal Reserve. The bill has 234 sponsors, a comfortable majority of the members of the House, and is gaining momentum. The Obama administration should be delighted, given its commitment to transparency in government.

4. Portfolio Value Reductions

5. Highly unpredictable investment returns

6. Rampant fear changes investor priorities

7. Elevated Market Pressures

8. Financial Institutions Face Uncertainty

9. Liquidity issues for certain investments

10. Plight of traditional asset classes

12. Increased Portfolio Volatility & RiskExposure

13. Higherindividualinvestmentrisk

14. Precariousmarketconsistency

15. Rampant Corruption

16. Rogue Hedge Funds

17. Ponzi schemes

18. Black box funds

20. Have rigorous standardized processes been established for:

23. Level of Liquidity

24. How fast can I get out of the fund?

25. Risk Issues

26. How high is the volatility?

29. Full capital preservation for today’s volatile markets

30. Risk-Free investment funds with higher than average ROI

33. Guarantors can include:

34. Companies

35. Banks

36. AAA Banks

37. Governments

38. G-7 Governments1st rate fundsshouldinclude G-7 protection

40. Efficient access to capital invested

41. Nominal redemptionfees

42. Full Liquidity

44. Real-time liquidation;

45. Redemptionordersfulfilledinstantaneously;

46. The underlyingmarket positions to besoldintohighlyliquidmarkets (in real time);

48. Complete transparency of all key internal & external factors

49. Ability for the investor to check all transactions / internal processes

51. Complete due diligence documentation (DDQ) includingManagerment Team

52. All VerifiedAncillaryentities (i.e. Custodial, Accounting, Legal, etc.)

55. New breakthrough technologies combined with the essential requirement for full accountability, creates a new standard in the financial world... a standard which is anchored with full trust, liquidity and capital protection.

57. Thanks to standardization and new technologies, the HedgeFundindustrycanberevolutionized!

58. What Future do YOUwantfor yourindustry?

59. Thankyou ! Arnaud Saint-Paul arnaud@joyam.info +34.678.530.343 & Gregory Serber gregory@joyam.info +1.312.371.5741 http://joyam.info