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3.11 MB

Extraction Summary

16
People
6
Organizations
1
Locations
1
Events
2
Relationships
8
Quotes

Document Information

Type: Email
File Size: 3.11 MB
Summary

An email dated December 29, 2015, sent to Jeffrey Epstein (jeevacation@gmail.com), likely from Leon Black or a close associate. The sender harshly criticizes Epstein's office staff, particularly 'Brad' and 'Eileen,' for incompetence and lack of financial transparency regarding Phaidon and Regan Arts. The email concludes with specific instructions to restructure trusts, including the 'Judy Black trust,' appoint 'Suydam' as executor, and secure protections for 'Alex and Victoria' (Black's children).

People (16)

Name Role Context
Jeffrey Epstein Recipient
Addressed as 'To: Jeffrey Epstein <jeevacation@gmail.com>'. The email critiques the management of his family office a...
Leon Black Likely Sender/Subject
The subject line contains 'leon DO NOT SEND'. The content discusses 'Judy Black trust', 'Alex and Victoria' (Black's ...
Brad Staff Member
Described as incompetent, interfering, and a 'little man' using Epstein's power to appear larger. Accused of hiding d...
Eileen Staff Member
Former staff member compared to Brad. Described as 'self aware enough to know she was over her head'.
Joslin Staff Member
Mentioned as taking instructions from Eileen. Involved in 'tom conversation'.
Joe Staff Member
Spent time with the sender during the 'transaction of the year'.
John Staff Member/Associate
Spent time with sender. Possibly John Suydam.
Richard Associate/Trustee
Suggested to buy Artspace. Mentioned as 'no longer trustee'.
Suydam Proposed Executor
Likely John Suydam. Suggested to be made executor of the will.
Barry Proposed Backup Executor
Suggested as backup executor.
Judy Black Trust Beneficiary
Sender suggests to 'get rid of Judy Black trust'.
Alex Beneficiary
Sender suggests putting 'more protections in for Alex'.
Victoria Beneficiary
Sender suggests putting 'more protections in for Victoria'.
Tom Unknown
Mentioned in 'tom conversation with joslin'.
Debra Unknown
Mentioned in 'notes. debra, trustee notes'.
Ben Auditor?
Mentioned in 'bens audit'.

Organizations (6)

Name Type Context
Phaidon
Publishing company. Discussed regarding note restructure and merger with Artspace.
Regan Arts
Company with $9.8 million investment but missing P&L statements.
Artspace
Company with messy financials. Suggested merger with Phaidon.
JPM
JP Morgan. Mentioned regarding account activity.
Topco
Corporate entity mentioned in relation to unfinished business.
Midco
Corporate entity mentioned in relation to unfinished business.

Timeline (1 events)

2015
Most important transaction of the year
Office
Joslin Joe John Sender

Locations (1)

Location Context
Used in the phrase 'collection of Elysium misfits', likely a metaphorical reference or specific property nickname.

Relationships (2)

Jeffrey Epstein Financial Advisor / Client Leon Black
Sender (implied Black) gives instructions on Black's family trusts (Judy Black, Alex, Victoria) and assets (Phaidon) to Epstein.
Brad Employee / Employer Jeffrey Epstein
Brad works in Epstein's office; sender criticizes Brad's competence to Epstein.

Key Quotes (8)

"this - in spite of your collection of Elysium misfits. !!!"
Source
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Quote #1
"With Brad out of the office and unable to run his usual interference , the level of his utter incompetence was brought front and center"
Source
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Quote #2
"he is a little man , using your power, to appear larger"
Source
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Quote #3
"Eileen was self aware enough to know she was over her head , that is a huge difference"
Source
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Quote #4
"bad info is rampant ie 3 million in deductions Im told are taken for art space but on closer examination it turns out they cannot be used at all"
Source
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Quote #5
"sorry we never got one?" though 9.8 million invested, no p&l, nothing"
Source
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Quote #6
"get rid of Judy Black trust"
Source
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Quote #7
"put more protections in for Alex and Victoria"
Source
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Quote #8

Full Extracted Text

Complete text extracted from the document (4,315 characters)

especiaily as you seemed so peaceful happy and smiley ,getting yourself in shape and truly enjoying your family time. etc. however the situation in your family office is unresolved. I am aware that brad starts monday howver, two last days of the year madness. timber.deal not complete no jpm,acct activity no partnership docs , old stock sales not complete , no bank doc redo. no phaidon note restructure, ., no boat expense review. airplane same ,topco midco.etc still not finished ( trustee ) , projections mixed with fiction. , legal exp out of control. no care for admin, silly ( audit). tom conversation with joslin. notes. debra, trustee notes. trustees hiring . bens audit. interest payable made hoopjumping last day of year. after weeks and months. of lectures , gifts to discuss- staff. -houseproject mgmt. . I will continue to try , I had offered ajoint call with eileen before you left. as i said before , joslin takes instructions from eileen. he said it was made clear to him that he doesn't work for me but works for you. . I tried.
Date: Tue, Dec 29, 2015 at 7:26 AM
Subject: Fwd: leon DO NOT SEND, hand deliver.
To: Jeffrey Epstein
Transaction complete !
. this - in spite of your collection of Elysium misfits. !!!
With Brad out of the office and unable to run his usual interference , the level of his utter incompetence was brought front and center, he may be a step up from Eileen, but if he is , then it is not certainly not by much, . Though you and I have spent many many hours discussing the importance of details and mechanics. I was not shown one document re phaidon,- not one.. Brad wanted to keep it private between he and his so called " advisors " however as he was out of the office during the most important transaction of the year, I did get to spend time with joslin Joe and john, - the situation in your office is wholly ludicrous - to summarize - the list I provided to Brad last December - things I thought were a priority to get done after consulting with your office still remains virtually undone.
IT, still desperately needed- reporting flawed cumbersome and inaccurate . all done by hand as one -off exercises , - airplane: re structure, (my only suggested priority in june ) is really ,no further ahead, ,consultants up the kazoo but nothing at all done.( the office was told that i cannot even see the proposals received without brads specific authorization ) - brad has no idea even as to what questions to ask. he knows little of finance, is run roughshod over by almost everyone in the office. he is a little man , using your power, to appear larger . Eileen was self aware enough to know she was over her head , that is a huge difference. bad info is rampant ie 3 million in deductions Im told are taken for art space but on closer examination it turns out they cannot be used at all. ( ZERO benefit ) though you will be told yes they were deducted on the return they said that is the question they get asked ! " were they deducted " not -" is there a benefit " !! I asked for the balance sheet and P and L for Regan arts , a basic first step in order to check your financials. "sorry we never got one?" though 9.8 million invested, no p&l, nothing , a construction project run amok , no budget, the coo fired after only 3 months. , no clue . I can add that artspace financials are also a total mess.
As your friend and in order toturn the page. I will try to be constructive
The following is a list of things I think would be in your interest to get done asap .but definitely not by me .
i suggest you form new grats. , hire a high level tax partner. use your trading accounts as they remain the paramount requirement 16 months after i emailed to you their importance. , I suggest you consider having the 49percent of phaidon merged into artspance and have Richard buy artspace. re-do bank loans. no need to pay interest at higher rates on boat or plane. . as Richard is now no longer trustee. re-do will, make suydam executor , with Barry, and john as back up. pay 1 million a year for executor role. get rid of Judy Black trust, deal with gifts and their tax returns, . review amounts to kids at fixed ages. put more protections in for Alex and Victoria. , distribute some money to kids let them make decisions. ,
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