Valuation Discount
[{"sender": null, "recipients": [], "timestamp": null, "subject": "Valuation Discount", "body": "and 2b to the better. ). and no explosions. You have email after email ,where i remind you that I am not\nyour bookkeeper or accountant (in brads corporate speak his\" finance dept ??!!) that it should be redone .I\nhave reviewed a multitude of the silly reports given to you and have pointed out the continued numerous\ninaccuracies. your question \" so what if the numbers are off , so what if the categories are off. whats the big\ndeal??. I suggest you de risk you finances and make the tough decisions necessary - pay the right amounts (\nhigh) to get the work done properly or , you are , Im afraid, certain to get an unhappy answer.. tom will be\nback from vacation. this week."}, {"sender": "Alan", "recipients": ["\"jeffrey E.\" <jeevacation@gmail.com>"], "timestamp": "Thu, Apr 28, 2016 at 5:16 PM", "subject": "Valuation Discount", "body": "I am attaching a draft response from Empire Valuation as to why it arrived at a valuation discount on the low\nend. Let’s discuss the response and next steps. Thanks."}, {"sender": null, "recipients": ["Melanie Spinel as", "Leon"], "timestamp": null, "subject": "Valuation Discount", "body": "Yesterday , | again spent hours upon hours of my time with your office. ,( speak to brad to get flavor) and\nyou and i will discuss the results in gory gruesome detail on Friday. it mirrored many other weeks spent doing\nthe things that I don;t have the time to do.\n\nIn order to keep things in perspective, maybe reviewing an analogy I have used before with you, might be\nhelpful. You and your family are a 6 billion dollar corp. with an income between 250 -500 million dollars per\nyear. It contains a few operating biz's , a large wide array of existing investments, in various categories ,\n\na desire to enter into others. A panoply of loans, notes. purchases, wide range of all types of taxes. _, planes.\nboats homes. . trusts ,grats. a crazy number of bank accts. ( with no oversight ) . law firms, acct firms, 800\npage tax returns, foreign firms. art consultants. construction consultants bill payers,\nhome mgmt.,vast multitude of Ilc's , including foreign, and with all that you only have a combined overhead\nof less that 3. million dollars.\n\nI have previously sent you the very same note that i have enclosed again below ,this time with highlights\n. I wrote itto you over a year ago. As my acute disability ( selective memory) seems to have been raised\nas one of your concerns , as arule I try to memorialize things in writing in an attempt to lay out issues that I\nfear may later turn out to be a problem. ie what i would and wouldn't do , - my responsibilities. ete and those\nthings that are not. below you will find details of things that I thought needed to be done, so that you\nwouldn't find yourself in the very place where you currently find yourself. however ,you chose to defer\nmany of my suggestions- see below -,until only weeks ago. ! you chose to defer the jpm acct. the art\npartnership on and on - into this year. and though the 60- 50 40 timber emails all carried with it a clear warning\nthat you needed to do something re personnel if it were to stabilize,- you chose to wait.\n\nONE YEAR AGO\nFeb 17 2014 i wrote:\n\nWith regard the more pressing issue I am uncertain of just how to proceed. I am torn, as my very strong\ninclination is not to be involved at all. It is extremely time consuming, delicate, fraught with many pitfall many\nthat will make you very upset and a major pain in the ass. I wrote you months ago that the quality of the people\ninvolved need to be upgraded. ( lucky for me these last issues arose way before the beginning of my\ninvolvement ) Iam also aware however of my overarching friendship obligations of ok, -given all the\ncomplexities who else can do it? problem.\n\nYour family office needs a daddy. children with good intentions are running around , sniping , nitpicking with"}]