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2.55 MB

Extraction Summary

6
People
3
Organizations
0
Locations
1
Events
2
Relationships
6
Quotes

Document Information

Type: Email correspondence / forwarded email chain
File Size: 2.55 MB
Summary

This document contains an email chain involving Jeffrey Epstein and associates of Leon Black (addressed as 'Leon'). The text includes a 2016 email from Alan Halperin to Epstein regarding a valuation discount, and a lengthy, contentious 2015 email from Epstein to Leon (via Melanie Spinella). In the 2015 email, Epstein characterizes Leon's family wealth as a '$6 billion dollar corp' with massive income but insufficient overhead/oversight, defends his 'high fees' by claiming to have generated billions in benefits, and aggressively criticizes Leon's office staff and financial management decisions.

People (6)

Name Role Context
Jeffrey E. Recipient/Sender
Uses email jeevacation@gmail.com; writing a long advisory/complaint email to 'Leon' regarding financial management.
Leon Recipient
Addressed as 'Leon,' (likely Leon Black). Described as having a '6 billion dollar corp' family structure.
Alan S. Halperin Sender (Forwarded)
Sent email regarding 'Valuation Discount' and Empire Valuation.
Melanie Spinella Recipient (Intermediary)
Received the email addressed to 'Leon' in 2015.
Brad Associate/Employee
Mentioned in context of 'corporate speak' and someone to speak to for 'flavor' regarding office issues.
Tom Associate
Mentioned as coming back from vacation.

Organizations (3)

Name Type Context
Empire Valuation
Mentioned by Alan Halperin regarding a valuation discount.
JPM
JPMorgan, referred to as 'jpm acct'.
House Oversight Committee
Document source/stamp (HOUSE_OVERSIGHT_023266).

Timeline (1 events)

Feb 23, 2015 (implied 'Yesterday')
Epstein spent 'hours upon hours' with Leon's office.
Leon's office
Jeffrey Epstein Brad (implied)

Relationships (2)

Jeffrey Epstein Financial Advisor / Client Leon
Epstein discusses managing Leon's '6 billion dollar' family finances, complains about fees, and critiques Leon's staff.
Jeffrey Epstein Professional Alan Halperin
Correspondence regarding valuation discounts and Empire Valuation.

Key Quotes (6)

"You and your family are a 6 billion dollar corp. with an income between 250 -500 million dollars per year."
Source
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Quote #1
"I have repeatedly urged you to get rid of the people in your office."
Source
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Quote #2
"you told me last week that the emotional reason was in order to be weaned off my group and not have to pay my high fees."
Source
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Quote #3
"ignoring the benefit of between 1.5 and 2b to the better."
Source
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Quote #4
"I am not your bookkeeper or accountant"
Source
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Quote #5
"As my acute disability ( selective memory) seems to have been raised as one of your concerns"
Source
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Quote #6

Full Extracted Text

Complete text extracted from the document (3,400 characters)

I ve have always given you my best advice, If you reflect on your financial life , you have been kept safe , had remarkable results and no disasters. I have repeatedly urged you to get rid of the people in your office. , you have repeatedly chosen to ignore my advice , you told me last week that the emotional reason was in order to be weaned off my group and not have to pay my high fees. ( though ignoring the benefit of between 1.5 and 2b to the better. ) . and no explosions. You have email after email ,where i remind you that I am not your bookkeeper or accountant ( in brads corporate speak his" finance dept ??!!) that it should be redone .I have reviewed a multitude of the silly reports given to you and have pointed out the continued numerous inaccuracies . your question " so what if the numbers are off , so what if the big deal??. I suggest you de risk you finances and make the tough decisions necessary - pay the right amounts ( high) to get the work done properly or , you are , Im afraid, certain to get an unhappy answer.. tom will be back from vacation. this week.
---------- Forwarded message ----------
From: Halperin, Alan S [Redacted]
Date: Thu, Apr 28, 2016 at 5:16 PM
Subject: Valuation Discount
To: "Jeffrey E."
I am attaching a draft response from Empire Valuation as to why it arrived at a valuation discount on the low end. Let’s discuss the response and next steps. Thanks. Alan
Date: Tue, Feb 24, 2015 at 8:20 AM
Subject:
To: Melanie Spinella <[Redacted]>
Leon,
Yesterday , I again spent hours upon hours of my time with your office. ,( speak to brad to get flavor) and you and i will discuss the results in gory gruesome detail on Friday. it mirrored many other weeks spent doing the things that I don;t have the time to do.
In order to keep things in perspective, maybe reviewing an analogy I have used before with you, might be helpful. You and your family are a 6 billion dollar corp. with an income between 250 -500 million dollars per year. It contains a few operating biz's , a large wide array of existing investments, in various categories , a desire to enter into others. A panoply of loans, notes. purchases, wide range of all types of taxes. , planes. boats homes. . trusts ,grats. a crazy number of bank accts. ( with no oversight ) . law firms, acct firms, 800 page tax returns, foreign firms. art consultants. construction consultants bill payers, home mgmt.,vast multitude of llc's , including foreign, and with all that you only have a combined overhead of less that 3 million dollars.
I have previously sent you the very same note that i have enclosed again below ,this time with highlights . I wrote it to you over a year ago. As my acute disability ( selective memory) seems to have been raised as one of your concerns , as a rule I try to memorialize things in writing in an attempt to lay out issues that I fear may later turn out to be a problem. ie what i would and wouldn't do , - my responsibilities. etc and those things that are not. below you will find details of things that I thought needed to be done, so that you wouldn't find yourself in the very place where you currently find yourself. however ,you chose to defer many of my suggestions- see below -,until only weeks ago. ! you chose to defer the jpm acct. the art partnership on and on - into this year. and though the 60- 50
HOUSE_OVERSIGHT_023266

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