EFTA Document EFTA01769388

From: Eileen Alexanderson Sent: Wednesday, July 11, 2012 12:56 PM To: jeffrey epstein' Subject: RE: follow up Bank of America, same as other credit =ine we have for previous purchases. Collateral=other art Leon owns. They require twice=the $ of the credit facility in collateral value. From: jeffrey =pstein [mailto:[email protected] Sent: Wednesday, July 11, 20=2 7:59 AM To: Eileen Alexanderson Subject: Re: follow up Re the painting . Which bank what collateral? Sent from my iPad On Jul 10, 2012, at 9:11 PM, Eileen Alexanderso wrote: Sorry, don't m=an to be impatient. My predicament is that we need to pay for the Munch within th= next two weeks or so. We have the bank lined up for financing but need to decide who is buying the painting- Leon, one of the trusts (and the 2006 Tr=st is really the only one big enough to do so), or another entity. From: Jeffrey=Epstein [[email protected]] Sent: Tuesday, July 10, 2012=08:48 PM To: Eileen Alexanderson Subject: Re: FW: follow up <=r> i would do nothin= until all the issues are known„ i would definilty not add the munch to any existing entitiy, . art loan, ultimate disposiotn, estate considerations. etc. I do not have the belief regardin turning =ff the income„ i have concerns that many pieces are not yet known.. &nbs=; questions about indepnedince of the trustees„ might be problematic, if th= sec filings are inconsistant. currently , there are many =pen questions, and i see no rush.. It might be deemed more importa=t that the trustees are not independent.. ie fulll emplyess under leons control to justify the no filing, of any financial' interest, or control. sorry, i know you would like fast answers.. Still working on the issues you raised in terms the way ownership is titled=on various filings-should have a conclusion on this tomorrow. Thank you!! EFTA_R1_00079958 EFTA01769388 Eileen Original Message From: Eileen Alexanderson Sent: Thursday, July 05, 2012 12:09 PM To: Jeffrey Epstein (jeevacation@g=ail.com <mailto:[email protected]> ) Subject: follow up Jeffrey, thinking back through dialogs with Carlyn & Elyse and looking =t some of my old notes from those dialogs that relate to our conversation thi= morning I offer the following: Regarding the issue of why turning off the income right now works is that i= would be the independent trustees turning off the income right, not Leon, a=d that the 2006 Trust was drafted purposely in anticipation of this. I believ= this relates to the language on page 30 in the attached. Also, Ada (from US Trust) at one point had suggested to Carlyn that we cons=der having the trustees turn of the income right in the 2006 Trust and then dec=nt the assets from the 2006 Trust into a new trust before proceeding with the =rt Partnership to insure a cleaner transaction. Also, on the subject of the 2006 Trust and other trust paying their own taxes-important implication for Black Family Partners would be that we no longer have a single taxpayer. Best, Eileen Original Message From: Sent: Thursday, July 05, 2012 12:06 PM To: Eileen Alexanderson Subject: Scan from a Xerox Color Please open the attached document. It was scanned and sent to you usi=g a Xerox Color. Number of Images: 60 Attachment File Type: PDF Device Name: NY_730_11_XRX_COPYR0OM Device Location: For more information on Xerox products and solutions, please visit http://www.xerox.comk=r> This email and any files transmitted with it are confidential and intended solely for the person or entity to whom they are addressed and may contain confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon this information by persons or entities other than the intended recipient is prohibited. If you have received this email in error please contact the sender and delete the material from 2 EFTA_R1_00079959 EFTA01769389 any computer. Apollo Global Management, LLC The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved=/font> <=:p> This email a=d any files transmitted with it are confidential<=pre> and intended=solely for the person or entity to whom they are<=pre> addressed an= may contain confidential and/or privileged material.&nb=p; Any review, retransmission, dissemination or <=pre> other use of= or taking of any action in reliance upon this information =y persons or entities other than the intended recipient is=prohibited. If you have received this email in error please=contact the sender and delete the material from <=pre> any computer= <=o:p> Apollo Globa= Management, LLC <=o:p> <=0:p> <=0:p> This email and any files transmitted with it are confidential and intended solely for the person or entity to whom they are addressed and may contain confidential and/or privileged =material. Any review, retransmission, dissemination or =other use of, or taking of any action in reliance upon this information by persons or entities other than the intended =recipient is prohibited. If you have received this email in =error please contact the sender and delete the material from =any computer. Apollo Global Management, LLC 3 EFTA_R1_00079960 EFTA01769390 =0 4 EFTA_R1_00079961 EFTA01769391