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early on I told you I thought Tom remarkably careless . Eilleen goofy and your art lawyer not well
informed to say the least. you told me Tom was a senior partner. Eileen had headed the trading desk , and
Ralph Lerner had to know what he was doing as he wrote the book. . I said I thought you deserved
better ,should get better people and no , I am not an HR person. yesterday you told me that the reason
you have hired whomver you could find was to avoid being dependent on me. a decision by far , not the
best place to try to save money )
Joslin- who you say I hired . I neither found nor hired. With a two person given choice I approved joslin
over some woman that eileen preferred. against my repeated advice you and eileen decided the pay range
at under 300k . I told you at that time that I would personally pay the difference for a higher quality
person, that was years ago . I have sent over a hundred emails to you clearly saying he needs to be
closely managed by better professionals. initially , that referred to Eillen and Ada.and after, brad.
john
etc. THERE are many emails each and every month from me, telling you , he is slipping failing cracking
fragile. . crazy, nuts, heading towards incompetence. Unless YOU- TAKE ACTION! when I pressured
him for accurate numbers , you told him, to tell me, that he works for you and NOT for me. . When I
continued to press for accuracy from your office , you told me that they were now all afraid of me and i
should let brad communicate any requests, ( you now tell me " we know what Brad is"?). When I told you
you office needs to be reviewed and changed you told me i was being destructive rather than
constructive. when i ultimately confronted joslin, in an attempt to protect you, told him that his numbers
were wildly inaccurate , you told me that i had caused his ultimate resignation and now have an
affirmative obligation to fill in the resultant gap.
I did give you a bad number , and apologized as soon as i realized it. an error that was an embarrassment
for me , the fact that that the accurate number is still way below what you agreed to pay , has fallen by
the wayside.( the preposterous argument that the end of year transaction was Alans idea , which you now
know was not true and that me not receiving Phaidon documents was unexplainable. was your justification
though, for non - full payment )
Hopefully You will recall that when you initially asked for my help. I declined repeatedly with the
admonition that that having a financial arrangement is fraught with danger and could complitcate our
friendship (as you will be unhappy paying what you will view as a large sum. while choosing to ignore
the financial benefits, ). In Bedford , I repeated my concern. THE current circumstance is distressing to
me , I have done my utmost to keep you safe. and will continue to do so. reckless choices in
accounting or otherwise does not bode well. at each turn I have put your interests first , including in some
instances attempting to fight your choices.
your current circumstance needs nuanced attention. as you know, there are a few areas with very serious
consequences. whether it be , having Ada , form grats without review, brad doing phaidon without
review. payments make without review.merely in order to be weaned , is one more high risk choice.
review of outside accounting firms , CANNOT be done by brad. to have your accounting dept sit in on
Alans trust accounting lecture . in order to learn the filed is reminiscent of elieen reading the tax regs. (
she also was going to take a course)
I am here in New York today. should you like to resume

Date: Mon, May 2, 2016 at 12:51 AM
Subject: Fwd: Valuation Discount
To: Melanie Spinella [REDACTED]

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