Email chain discussing high‑interest loan, trust structures, and art asset transfers involving Jeffrey Epstein and potential FBI involvement

having fun. Date: Mon, Nov 23, 2015 at 11:53 AM Subject: To: Melanie Spinella 25 minutes needed. 1 new and vastly improved plan, needs your thoughtful input. decisions on legacy paintings bronzes. books etc. 2. we need to reach fee agreement. and authorities.( alan and I spent time over the weekend, ) , hundred documents to be drafted. 3. gagosiaon 4 revolver .5 inspire - FBI . 6. Phaidon, solution. 7 plane. no need to reinvent the wheel. . ( rowen ). Date: Tue, Nov 24, 2015 at 2:41 PM Subject: Fwd: Loan To: Melanie Spinel ii Please talk to him Date: Tuesday, 24 November 2015 Subject: Loan To: Jeffrey Epstein <[email protected]> Cc: Melanie Spinella , "Alan S. Halperin’ Ada Clapp Joe Avantario Jeffrey-given the high daily interest cost (50k+/-) on $$ borrowed which you pointed out yesterday, here's what I'm thinking, but I want to be 100% on the same page as you: 1. Close next monday on the credit line, but don't borrow any $$. (We can, of course push closing back but my preference wld be to close.) 2. Right now, at barry's request, Irene Steiner, on behalf of the trustees is reviewing apol and apo-ol. While probably not impt on a "substantive" basis it was (a) impt to barry and (b) is likely good for leon. 3. We are hoping to have signature pages to the trustees (and returned to us) by early to mid next week. (Ada will oversee.) 4. We will then get the new trust to bofa who, moving quickly (according to them), will have an acct open the following week, 12/7-9. 5. We need to manage execution of paperwork associated with decanting which I assume occurs once apo-ol and bank acct are operative. (Ada I'm sure you'll be on top of this). 6. assume we will move $$ to pay down loan the day or day after (?) apo-01 bank acct open. As you know we cld do this as early as next monday/tuesday but then cash will be sitting in apo-1 while we're waiting for apo-01 bank acct. 7. If there are sales of assets (or Ilc's) from leon to apol or apo-01 that needs to be buttoned down and organized asap. 8. Same if you want another NEW trust in the mix as that will involve paperwork and opening an acct with bank. Let's discuss to make sure we're on the same page on process. B Sent from my Verizon Wireless BlackBerry Date: Mon, Nov 30, 2015 at 5:21 PM Subject: agenda To: Melanie Spinella 1 fees, amount and to what entities when and responsiblitis. 2. gagosian idea to save a minimum of 10 mill and maybe more. 3. ican walk you through carlyns screw up, 50 % would have made little difference and maybe made it worse. 4. we should have an all hands meeting with your family to talk about art distribution on death. . 5. phaidon, decantings ( already firmly in progress ) loans. (alan ) pent. ( with follow up ) all part of same elegant transaction, 6 asymetric risk worth at least 50- 60 no matter how you calculate. Ican explain. 7 lets get the money issue out of the way once and for all. I have my team set to start. HOUSE_OVERSIGHT_023295