Case File
efta-01814205DOJ Data Set 10OtherEFTA01814205
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Unknown
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DOJ Data Set 10
Reference
efta-01814205
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2
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0
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EFTA DisclosureText extracted via OCR from the original document. May contain errors from the scanning process.
To:
PETER MANDELSON[
Fran:
Jeffrey Epstein
Sent
Mon 6/14/2010 12:08:44 PM
Subject Re:
i like it„ I don't like
This book is part candid autobiography and part history and describes what motivated me and
made me tick as I played( PLAYED) `third man' to two Prime Ministers, Tony Blair and
Gordon Brown. It is about why things happened, not just what happened. The rise, fall and future
of a political phenomenon( you ? ) that governed Britain for thirteen years. And what happened
to me and my life during this roller coaster ride.
This book is one third aurtobiogrphy, one third history, and one third opinion. .It describes my
various roles , my motivations and my views as the third man in NEw Labour. Tony and Gordon
and I crafted a political phenonmen that governed and guided Britain for thirteen years. . This
book will hopefully shed some light on how decisions were made in addition to describing there
outcomes. It is about my life my role and my participatition in this once in a life time ride.
On Mon, Jun 14, 2010 at 7:59 AM, PETER MANDELSON
wrote:
Not surprisingly, at this stage, those actually running the banks found their nerves and
judgement extremely tested. They did not know the scale of the crisis they faced and yet had
quickly to reach some very tough decisions about the government's involvement in their
businesses. HBOS's chairman was my old friend, Dennis Stevenson. I did not speak to him, or
his chief executive Andy Hornby, at this stage but later he described to me the 'perfect storm'
that had engulfed their business. I also knew the Lloyds TSB chairman, Victor Blank, because
he also chaired the company that owned the Mirror newspapers. Victor, rather unfairly I
thought, did not survive his bank's merger with HBOS following an outburst of shareholder
discontent. In the case of RBS, there was a wholesale and deserved clear out of executives and
board members with Stephen Hester coming in as new chief executive. In Stephen's case, it was
striking to me, just as in politics, what a difference the strength of personality and calm people
skills of a business leader can make to perceptions of their business. The same was true in the
case of Stephen Green of HSBC and Peter Sands at Standard Chartered, and John Varley at
Barclays.
**********
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