From: Jeffrey Epstein <jeevacation®gmail.com>
To: Eileen Alexanderson
Subject: Re: Forwarded from my home email
Date: Sat, 26 Oct 2013 20:56:12 +0000
thanks, i woud like to see our the addition of rich joslin changes the mix
On Sat, Oct 26, 2013 at 3:32 PM, Eileen Alexanderson > wrote:
Original Message
From: Tom & Eileen [mailto:
Sent: Saturday, October 26, 2013 03:30 PM Eastern Standard Time
To: Eileen Alexanderson
Subject: Additional thoughts
Just a follow up to our conversation yesterday - There has certainly been an issue of timeliness with Alan and
maybe a push from Karp changes that. As I said to you yesterday, maybe Alan's client load needs to be
narrowed to enable him to service Leon Properly. We have questioned whether Alan is "smart" enough and
"well equipped" enough in terms of level of his planning experience but, thinking more about what has
transpired during the past several months, I would like to suggest maybe we need to think about this a little
differently.
Maybe the greater issue is difference of style. We knew Alan was a conservative practitioner when we hired
him. I believed that would be a complement to your style but I am feeling like, instead, it has created conflict.
Yes, in a few cases, the 'delay' may have been a function of Alan not having seen certain things done the way
you've suggested (raising the issue of whether he has sophisticated enough planning skills for a client like
Leon) but more often, I believe, he was conversant but disagreed, and the delay was a function of time spent
by Alan to research further to decide whether he could come around to agree with your plan. My observation
would be that both Alan and Ada are well able to hold there own when in debate with you which, in itself,
speaks well for both of them given the level at which you operate. I've told you previously that I am a great
believer in a dialog of constructive criticism getting a team to the best possible decision. Somehow, our dialogs
just seem more painful for both sides than they need to be. I know sometimes the dialog is necessary just for
you to get Alan where he needs to be on a subject, and sometimes I think Alan knows he is waging a losing
battle. I think Ada and Alan are very similar stylistically. I may be on thin ice here (without any legal
background) but from my perspective, I'm not sure Alan brings a much higher level of expertise than we have
with Ada. If we are going to pay for outside counsel that is something we should be looking for.
Having just presented the thought that maybe the issue is style rather than smarts, I must admit that the fact
that the quality of drafting in the documents we received for the new GRAT and related trusts has been
lacking, we can't dismiss the issue of "how well equipped". I know you said these are the sorts of documents
that should reflect Alan's longtime efforts to craft a good document that is then ready to go when needed. You
are the better judge, but it seems to me we did not have the same quality issues in the documents we received
in the planning steps earlier this year related to the substitution, will, etc.
To me, there is sort of a journey that you travel getting to a good working relationship with Leon. I've traveled
that path, and I see Ada doing that currently. Maybe Alan is just doing the same thing but I am not so sure. I
feel more like you and Leon should be deciding NOW whether you believe Alan can service Leon's needs
because, In my opinion, it is not fair to ask Alan to rearrange his book of business for us if you already believe
he is not up to the job. I will tell you Alan has put tremendous effort into servicing us and maybe a kick in the
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butt from Karp prompts Alan to move to the necessary level and this all works out fine. Personally, as a
Manager, I've never believed you are doing someone a favor by keeping them in a job they don't belong in.
Maybe we need to consider moving on after this leg of the planning. I am not completely sure, I just know this
is almost torturous. After one of his recent meetings with Leon, Alan said to me "I am not used to having
unhappy clients." Remember, he came well recommended by people Leon respects but Leon is not the typical
UHNW client. This is someone's career we are dealing with, and likewise, for Leon, this is of the utmost
importance for him and his family. Working with Leon is a great opportunity but it is not for everyone.
I send this in the spirit of providing good food for thought.
Best, Eileen
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