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2.87 MB

Extraction Summary

11
People
6
Organizations
1
Locations
0
Events
2
Relationships
6
Quotes

Document Information

Type: Email / draft correspondence
File Size: 2.87 MB
Summary

A document containing a draft letter and an email segment, likely from Jeffrey Epstein to Leon Black (via Melanie Spinella). The text outlines a severe restructuring of the recipient's financial office (firing staff, selling assets like Artspace) and demands $40 million per year for Epstein's services, with strict upfront payment terms ($25M signing). It references IRS issues, estate planning, and specific employees (Barry, Joslin, John).

People (11)

Name Role Context
Jeffrey Epstein Author (implied)
Author of the draft/email, demanding compensation for financial services.
Leon Black Recipient (implied)
Addressed as 'Leon' in the bottom email section; context of 'Regan Arts' and 'Artspace' points to him.
Melanie Spinella Email Recipient
Addressed in the 'To:' line at the bottom of the document.
Barry Manager/Professional
Person the author has hope in; will oversee the new office structure.
Brad Associate
Author is concerned about him taking Barry's place.
John Employee
To be fired ('fire john').
Joslin Employee
To stay for a year or so; mentioned in relation to office incompetence.
Tom Employee
To stay for a year or so.
Heather Employee
The only person who should not be replaced ('except for heather everyone should be replaced').
Halperin Professional Advisor
Previous advisor; author claims recipient can do better than him.
Alan Professional/Editor
Given preliminary directions to edit an IRS response.

Organizations (6)

Name Type Context
IRS
Mentioned regarding '8865 mess' and a 'proposed response to the IRS'.
SEC
Mentioned in list of compliance issues.
Paul Weiss
Law firm mentioned in comparison regarding professional fees/errors.
Regan Arts
Entity to be shut down.
Artspace
Entity to be sold.
House Oversight Committee
Source of the document (Footer).

Locations (1)

Location Context
Mentioned in relation to a sale ('Miami sale').

Relationships (2)

Jeffrey Epstein Professional/Financial Leon Black
Epstein demanding fees for managing Leon's 'affairs', mentioning specific assets like Regan Arts.
Jeffrey Epstein Professional Trust Barry
Epstein writes 'I have great hope in Barry as you know.'

Key Quotes (6)

"I will no longer , not even for one day , work on your affairs . without the compensation that is long overdue."
Source
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Quote #1
"I will only work for the usual 40 million per year."
Source
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Quote #2
"you CANNOT file unreviewed audited documents. . CANNOT!!!"
Source
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Quote #3
"Sell Artspace and shut down regan arts."
Source
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Quote #4
"fire john .. joslin stays for a year. or so. so does tom and . except for heather everyone should be replaced with new."
Source
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Quote #5
"why is leon blaming me for .."
Source
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Quote #6

Full Extracted Text

Complete text extracted from the document (4,100 characters)

am concerned re brad taking barrys place re XXXX. In the beginning Barry will need to find and learn ACCURATE . org charts. books , balance sheets . trust valuations. are all a part. Barry will need 2 months to just get his arm around what is there , this is before any needed modifications.,
a way overdue re- fresh of your estate plan . . clats , trust. partnerships. grats. llcs. bank accounts , filing requirements. etc. the long awaited review of the brh tra and shareholders agreement to see how they fit into new plan. . " XXXXX" planning. art partnership engagement .. , airplane re-do. , buying another. . ? boat sale , Miami sale. . TRADING ACCOUNTS. . three years over due. . an accounting system. fire john .. joslin stays for a year. or so. so does tom and . except for heather everyone should be replaced with new. . Sell Artspace and shut down regan arts. . rationalize. cash flow reporting. cash mgmt. stock sales. sec irs. gaming. foreign reporting. the 8865 mess will take months to review now . . you CANNOT file unreviewed audited documents. . CANNOT!!! this will be very detailed work. . a self inflicted wound - all avoidable if professionals had been in place to limit . or contain it. . . you will need 3 new hires .a s there is no one in your office that is truly an A player. I have great hope in Barry as you know. He will need to be trained. note
; One year is my guesstimate After 4 years of telling you , that you could do better than Halperin, : im glad that you now are willing to follow barrys advice . I take no offense , in fact I take comfort in the fact that after only one conversation with Barry you are now convinced to make that change . will take a year or more.
I expect as a friend you will understand that
I will no longer , not even for one day , work on your affairs . without the compensation that is long overdue. . your unilateral idea of after care , not imposed on any other professional , except me, not paul weiss ,( caesars alone , a direct screw up on their part ) tom, akin, , no one. needs to end. . you and I had previously agreed no more of that , and this after you decided not to pay me per our agreement. to be fair I can not say im surprised as you have email after email , stating that , if you save a great deal of money, you wont want to pay , so limit it to 40m per year. - water under the bridge
If I can find the time to work , on your project , which is not by any means certain as I have said , I hope you understand that it now will have to be under my standard terms and conditions. and well documented so as to avoid any more of the he said she said. I never want to have any more uncomfortable money moments with you , I find it very distasteful. . so to be clear , my terms are as follows . I will only work for the usual 40 million per year. It needs to be paid, 25 million upon signing an agreement . 5 million every 2 months thereafter for 6 months ie march may june . this can begin if i am able in January. I will immediately stop work , if the payment is not received. If you want me to work this year until Jan 15 , it will be 10 million. paid upfront. after one year you will be left with a new estate plan a running office. staffed with professionals overseen by Barry. ( hallelujah ) a tax plan . and an investment that returns more than any painting you could possible own. . no agreement - no work. however - I of course will talk to Barry for the hour that i promised , and take your guidance as to what I should say.
her the last two places. ?
To: Melanie Spinella <[REDACTED]>
Leon please read the attached proposed response to the IRS , see if you can understand it !!!. Ive asked for a re-do. and given prelimiary directions to Alan to have it edited over the weekend
. If you are quarterbacking ,ok with me. just please let everyone know. you must deal with the outrageous incompetence in your family office .. Alans words " but I was told that.. , but I was told by the office (sic) that ... , BUT i was told by joslin,. , but I was told by . " why is leon blaming me for .." .
HOUSE_OVERSIGHT_023265

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