Nardello
Nardello & Co. LLC
Co.
565 Fifth Avenue
New York, NY lour
T:
F•
www.nardelloandco.com
PRIVILEGED AND CONFIDENTIAL
ATTORNEY CLIENT AND
WORK PRODUCT COMMUNICATION
MEMORANDUM
To: Brad S. Karp, Esq.
Lorin L. Reisner, Esq.
Paul, Weiss, Rifkind, Wharton & Garrison LLP
FROM: Nardello & Co. LLC
RE: Draft Transcript of Meeting with
DATE: August 24, 2015
is a draft transcript of a recording of a conversation between John Doe (JD) and
Mira which took place on August 19, 2015 at The Modem restaurant, 9 W 53rd St, New York,
New York 10019. The recording was made with the consent of JD. Notations of "UI" represent speech
that was unintelligible during our initial review.
The transcription is subject to revision.
Counter Speaker Conversation
No.
9:56 JD [Arrives at restaurant]
10:48 JD■ [Greetings and exchange of pleasantries; discussion of ■ hair color;
discussion of other clientele; discussion of menu.
15:10 JD [JD discusses weekend visit with his family and his sister's illness; he
discusses his melanoma foundation; They discuss melanoma and causes of
cancer]
19:13 JD How about you? How's life at the Gansevoort?
la Um, well, I went upstate with some Russian people. It was nice.
JD Upstate New York?
ill Yeah. Urn, so we spend time there. And then I have a girlfriend she says,
"come to my place." She rents her place on Airbnb. On the lower east side.
So I pack my stuff and I went to her place and there was no A/C.
JD These last few days...no a/c?
-. So I couldn't stay there. So I went to...I try Rivington hotel for a night.
Now I'm at Bowery.
JD You're doing what I did that summer — you're trying all these different
places. So what's your favorite?
I don't mind Bowery actually. But it's a four star hotel, you know
JD It's one of those urn... kinds ones that Ian Schrager did, like the Mondrian
or the Delano or something like that
It's like (UI)
EFTA01190807
PRIVILEGED AND CONFIDENTIAL
ATTORNEY CLIENT AND/OR Nardello
WORK PRODUCT COMMUNICATION
.Co.
JD It's more than a boutique
It's star studded. Yeah it's a boutique. I hear it's really popular among
celebrities
JD You'll fit ri t in. Lau hter
It's cozy you know. It has a good vibe which is nice. I don't know. Where
was your favorite hotel?
JD I like the suites at the Waldorf ...
JD [JD discusses various hotels he has stayed at and which he likes)
21:58 ■ When I went to Rivington, I walked in and I saw my girlfriend, she works
there. She works with clients.
JD The Irvington?
• The Rivington
JD I don't know it. Downtown?
■ It's downtown. On the lower east side. And she gave me a very, very good
price for a suite. It was like on the top floor. Practically the whole floor,
glass instead of (UI). And on 171° floor, so I can see the whole of
Manhattan...
JD So why did you move? You found it.
I had a reservation at the Bowery the next day. And ah, it was nice. At night
you can see the whole city. I think it's one of the things in New York you
can enjoy if you have a nice view at night. Which I never (UI). It's nice.
It's very peaceful. At the hotel (UI)
23:05 JD When did you decide to darken?
■ I went today and I said, you know, because I've been in the sun so long
they were getting lighter and I was like, can you add something to make it a
little darker. I guess my hair is so dry from being in the sun it just absorbed
really fast. But it's not the color. It's going to wash out
JD I remember when you went blond too. Which was dramatic also. But, ah, I
think your natural brown is actually the nicest.
I My natural is the best. I don't want to (UI) anymore
JD I agree. I always felt that.
• (UI) It makes it worse (UI)
23:51 JD It's nice to see you. I didn't feel great about our last lunch. Um, I haven't
felt great about the whole process over the last couple of months.
Um...You're someone that I cared about and I still care about. Um, so I
never quite understood why you just didn't come to me and say you wanted
some help. As opposed to threats and so forth. Um, but I felt bad also last
meeting...One, I think I did most of the talking. So I thought I should listen
more. Um...what's kind of come through...um...I don't know if you
remember the history...of course you do. You know what M.A.D is?
M.A.D? What's that?
JD So, when the Soviet Union and the US both developed nuclear
wea ons...atomic wea ns...ah...
25:15 [Waiter interrupts)
25:31 JD So they both convinced each other that they could hurt each other. Um, and,
they both got to a point of M.A.D. Which was Mutually Assured
Destruction
DRAFT: FOR DISCUSSION PURPOSES ONLY
2
EFTA01190808
PRIVILEGED AND CONFIDENTIAL
ATTORNEY CLIENT AND/OR Nardello
WORK PRODUCT COMMUNICATION
Co.
Mutually?
JD Assured Destruction.
OK
[Both chuckle]
JD And...
I was joking to someone that I was in the middle of World War 4 right now
JD And they got to that point and kind of said, ok, we now know we can both
destroy each. Let's see if there are rational, reasonable ways that we can
coexist um...and get a lot of what we both need. And so, you know, I think
we're at the point...we know that you can hurt me. You can hurt my
family. You can hurt (UI). Um, you know, I can live through if I have to.
But I'd rather not go that route. But I think you know, um, you can end up
with nothing or worse. Um, and obviously that's your decision to take.
But, there's no question we can hurt each other. As with the Soviet Union
and the US, I hope we come to the conclusion that those aren't sensible
pathways. Um...and that we've gotta find ways that we both can have some
of what we need. And, peacefully coexist. So that was what I hoped we
could work on. Um, even if it takes a little time. Um, I mean, you have the
ability to pull the trigger any time you want. Whether it's today, next
month, the month after, but I think it's worth both our whiles to try to reach
a better place. So, you know, one of things I wanted to try to do as I said, I
did a lot of the talking, I'd like to hear more. I mean, to me, the number you
threw out - $100 million — didn't make much sense. In terms of me. It's a
number. It's a nice get rich quick um, number but in terms of security and
comfort over a long period, urn, I'm not sure why that's a relevant number.
So I'd like to understand more from you what your needs really are and
how can I be helpful in fulfilling them.
/9: 11 I think I kind of made it very clear that I'm very, very upset emotionally,
you know, that our relationship didn't work. I don't know um, (UI) I really
(UI). It feels to me that I will never be able to trust anybody because I was
young and, you were married. I knew it wasn't going to go anywhere. I
think we spoke about it. It's a problem. It's really, really a problem. And
ah, urn...(long pause)... Um, also I made it kind of clear that urn, I think
some people who know about our relationship and it affects me and my son
and I'm not very confident that I can have the same career opportunities as
I had before I met you. Um, and even though I'm really, really upset, I
don't want to fight with you. I don't want to hurt. I don't want to do
anything you know, that's not good for you also. (UI)
3 1. 16 JD So, again, what are your needs that I can be helpful with? Like, I really
tried when I kind of came up with my last proposal. I tried to give a long
term period with (UI) for most people a million dollars a year after tax
generally takes care of being able to live comfortably, and have a sense of
security and I wanted to try and help you with your visa too. So certainly,
it was on my part it was a good faith attempt to address some of the needs
you outlined and especially um, in terms of you and living
comfortably
P:30 This is kind of the issue we have, right? I want to feel financially stable you
la know because I have a lot of other issues.
DRAFT: FOR DISCUSSION PURPOSES ONLY
3
EFTA01190809
PRIVILEGED AND CONFIDENTIAL
ATTORNEY CLIENT AND/OR Nardello
WORK PRODUCT COMMUNICATION
,Co.
32:41 Waiter interru is
32:54 Um, I have a lot of issues. And, urn, somehow (UI) making me financially
stable would be a good thing to do. Urn....
JD What kind of issues?
■ I mean....My reputation. My, you know, my emotional well bring. Maybe
I'm getting paranoid sometimes, I don't know. Urn, I have to figure out
what I want to do, how I want to pursue it. You know, I have to make sure
my son studies well and feels comfortable.
[Long pause in conversation]
34:10 I mean, this last year has been a disaster. You know, me going from one
place to another. Ruining everything and starting from (UI). It's just
terrible.
34:21 JD Why? I mean again, it should have...I would have thought it would have
shown you that I care about you when, a year ago, when you had to leave, I
said "I'm sorry you have to leave, I'm going to give you a million dollars to
get settled" and you hadn't even asked me for anything at that time and it
was a lot more than (UI) had ever done before but I felt bad that you had to
leave frankly. And you settling down in a new place and having a good
sense of (UT) urn, so you knew you were getting a million and I gave you
half a million when you left and then there were three payments after that
the rest of the year. Why didn't you rent a place in Moscow when you
moved to Moscow? I was a little surprised the last time we got together
when you compared yourself to Nicolas Baku and that you were living out
of hotels for the whole year. Why?
35:50 ■ I rented a place in Moscow. And, then I started having problems in my
school and my son had problems in his school. And, I think it's all related
to my relationships. And, I was running away from issues in New York that
I had here. And urn, I find the same thing and...When I was moving to
London I already knew that I can't escape it, this is gonna probably (UI).
When I was living in NY I sort of thought it would stop but it didn't (UI).
36:37 JD Again, see I find this, and I'm not even not (UI). Number one, I've always
cared about you. You're someone that I liked, I cared about, you're
beautiful, you're smart. I respected you.
MI But why...
JD I mean, you really should know I've never badmouthed you to anybody. I
would never do that.
a But...
JD And, and I've never talked to anyone about you.
ill But were you aware that this is happening. That my son and me were
getting attacked?
JD No, I was not aware of that. No. I was not aware of that.
38:00 [Long pause]
38:08 JD If you were attacked, I am sorry, but I don't think that had much to do with
me. But it doesn't mean I don't care about you and want you to be secure
and comfortable.
[Pause]
■ I am really scared um, because I really don't understand who has been
doing, but I have a sick feeling about you. I don't understand who needs it,
DRAFT: FOR DISCUSSION PURPOSES ONLY
4
EFTA01190810
PRIVILEGED AND CONFIDENTIAL
ATTORNEY CLIENT AND/OR Nardello
WORK PRODUCT COMMUNICATION
.Co.
why do you need to do that, I really don't understand. And that's why I left
New York, I was ready to (U/I)
39:08 JD I mean what I remember is--
Yeah--
JD --is ou tellin • me ou had a visa roblem and that ou had to leave.
Yeah, because I thou ht ma be U --
JD I never heard you were bein attacked--
No, no, also you know maybe I thought it's you who was sick of me and I
thought maybe, you know, I thought maybe if you would care about me,
you'd find a job, you would help me with visa, I thought you were aware of
this issue, you know, I thought if you care about me, you would make my
life more comfortable, um, um, so.
39:46 JD I thought you had just graduated from Columbia. You were looking for a
job. I knew banking at Goldman would be tough, but I tried. Um, but one of
the things, you don't have a lot of patience. Um, you have a wonderful--
many wonderful qualities (laughs), but patience isn't one of them. I mean
people go for jobs. They get rejected all the time--
No, I know--
JD I mean I see it, I see it with my kids getting rejected. I see it with all of the
their friends ettin_• re'ected ...
No but 1--
40:29 JD ...and therefore, when they get rejected, they pick up and try again, and try
another place, and try another place. Job hunting is not the easiest thing. I
tried to explain to you that banking, especially at Goldman, was hard, but
that I wanted to try because there were some people I knew, but if not there,
then were other places we could try, if you wanted finance. If you didn't
want finance, then there was marketing positions. You could always do
something, as I said, in art, in the art world, so to me, Goldman was...yeah,
made for you, you go to bat, sometimes you strike out, then you go to bat
and you hit a home run.
41: IS E For me, it was very confusing the way our relationship suddenly...you
know, it was very confusing. Basically, I had a lot of feelings for you, but I
felt like I could not express it, I could not expect anything because I expect
you to take care of me but you're not my husband. It was tough. And you
know, when you have Mort making fun of you, and telling you that you
have to sleep with him otherwise he's going to fire you from his job and
other people...
JD I had nothing to do with Mort...
E ...I know, I know...but it was tough, it was really tough. You know, the day
I was leaving, someone put a German newspaper in front of my door, then
the woman came knocking at my door, saying "sorry for your loss, can you
please give me money?" It was insane.
JD I don't understand.
■ I don't understand either. You know, I don't know why, I don't understand
why someone would try to poison me, you know...
JD I'm sorry if I didn't take that seriously. I thought you were being dramatic.
I don't know why someone would try to poison you....
DRAFT: FOR DISCUSSION PURPOSES ONLY
5
EFTA01190811
PRIVILEGED AND CONFIDENTIAL
ATTORNEY CLIENT AND/OR Nardello
WORK PRODUCT COMMUNICATION
Co.
I know, I don't understand...
JD ...I thought maybe you had too much to drink, or maybe someone slipped
somethin in our drink, that's ssible.
I was sick for two weeks. I was (U/I) for two weeks. I mean, it was this,
like, Lewis Tappinger or Taschinger, something like that, Alexander von
Furstenberg made fun of me, basically everyone in the society was making
fun of me. I don't know, maybe they're friends of your wife?
JD These aren't friends of my wife. We're not friends with Alex von
Furstenberg.
--. I don't know, I don't know.
43:15 JD [laughs] These aren't people I mix with or she mixes with. [Pause] But I
have never talked about you to anybody. I thought this was our private
relationshi in that we cared about each other, I tried to be su ortive.
Maybe people just knew I was a little bit paranoid so they wanted to make
me feel uncomfortable. I don't know.
[JD praises the bread]
44:06 I think when I was poisoned I wasn't right at the job interview, during the
job interview.
JD Which job interview?
■ The one guy who works in the finance company we met to talk about my
possibilities for me to work because I stopped going out, I stopped going
out because I didn't want these thing (U/I). Like even when I went for job
interviews or to pick up my son, these things were happening, when people
were making fun of me.
JD You went out sometimes. You reminded me when you told me about Len,
about the rabbi's sons, you mentioned that you met a nice guy who was a
rabbi's son, or something like that. No?
44:50 I don't know anyone. Maybe people want to find out what kind of a
relationship we had, maybe they make jokes to see how I'm going to react,
but I am just sick and tired of it, you know?
JD As far as I knew, Len or Mort knew nothing about you and I. Anyhow, I'm
sorry you've gone through that. It wasn't my intent or even that said, why
would I even, I care about you, supporting you, why would I want you to be
badmouthed? And I enuinel didn't want ou to leave.
Ok
JD But what is it that you need to live off?
la Huh?
JD What is it that you need to live off? I mean, if you were to live in London,
what is the cost there? [pause] What is the cost for to go to a good
private school?
47:34 I How about this? You remember your last proposal?
JD No...
You said you want to help me with investor's visa, right?
JD Yep.
al How about instead of an investor's visa, we'll make a passport.
JD Right...
al ...Which is ten million.
DRAFT: FOR DISCUSSION PURPOSES ONLY
6
EFTA01190812
PRIVILEGED AND CONFIDENTIAL
ATTORNEY CLIENT AND/OR Nardello
WORK PRODUCT COMMUNICATION
Co.
JD Alri ht.
So that gives me something to do. I will be investing. That will be my job, I
will take care of that money, will try to make it bigger.
JD Alri ht.
Also, you promised me always to take care of me financially but now you
want it in twelve years, which is ok, but instead of one million, it would be
two million a year.
JD Again, I'm not saying "yes, no, maybe" or anything yet, I'm more again
just trying to understand your needs. So basically you're saying to me
you'd like the securi of a ass ort.
49:07 I want financial security for the rest of my life. I don't want to have to
worry about money ever again, that's what I want, in general. I don't want
to worry about money ever again, that's it.
JD To not worry about money, on a yearly basis, do you know what you need?
Urn, I will easily spend a million
JD [laughing] On what? Clothes, vacation?
Schools, etc. And I think...
JD ...And I'm not trying to be argumentative, I'm just trying to understand.
50:07 JD If you had the visa money, the passport money, where you have to invest
ten million, then why would you need the extra million for investment?
You're alread investin . Wouldn't that be du licative?
You have a passport separately
JD But it gets invested. You don't just buy the passport, you put it into British
securities
■ Well, who knows what happens then? You're investing in British bonds
that don't bring much.
JD You know, it could be in bonds, it could be partly in bonds, it could be
partly in stock. It could appreciate, it could go down...
a It could go down...it could go up, but if it goes down, then I have to have
money to top it up. If it goes down I have to keep the same level.
51:/1 JD I haven't studied this, but at the beginning of the summer I looked into a
little bit and I don't remember it totally, but I remember that there were
definite...ways of getting a visa: five years temporary with two million
pounds invested in British securities, then...
I Three years...
JD Then you could do something else...three years with a two year renewal, if
I remember...
--. Yeah, if you maintain, or something...
JD Then, there was something for five million and something for ten, but I
forget what those were. You know.
--. Probably ten. It's an expedited way of getting a passport — you invest five
million dollars to get a passport in three years, and ten to get it in two. But
what I think will be possible, from this ten, for less than half, you can buy a
house, or a home. You don't have to put all of it in...
JD You mean you can't do that with five? It has to be ten? I mean, I don't
know. It's all news to me. I'm just curious. (coughs]
You ok?
DRAFT: FOR DISCUSSION PURPOSES ONLY
7
EFTA01190813
PRIVILEGED AND CONFIDENTIAL
ATTORNEY CLIENT AND/OR Nardello
WORK PRODUCT COMMUNICATION
Co.
JD Yeah, I'm fine. I'm not sick sick, I'm just getting rid of the cough. Between
you and my sister, I'm not sleeping enough.
-. Of course, there could be difficulties, I don't know. But I think in that case
I think it will be fine. If I will work hard, I will be serious, I don't need to
prove anything to anybody, I don't need to listen to anybody (U/I). I just
want to be able to work and.. waiter interru ts, talks to JD
54:29 I just feel like I miss the high plan of everybody young and you know, I
have little patience for people who are stupid, so I think used to be
extremely brilliant businessman of the world like you.
JD Not the grand old age I was! I still wanna make sure in terms of doing
things that are interesting and fun.
■ I just want to make sure that my son doesn't suffer anymore and I feel
comfortable and safe and I owe him. I will never find anybody like you.
JD They're probably better
I swear to myself that I will never touch any man every again.
JD Yeah...I always thought you had an abusive relationship from what you
described with your ex. I don't know whether I buy into your view of man
or not giving me the benefit of the doubt, even though I think I was always
gracious (U/I)
55:58 ■ Well, of course, you have this thing where I think it's important for me that
you want (U/I). I don't want to be angry and upset, you know?
JD Uh-huh. Your experience at Columbia. That was pretty straightforward,
wasn't it? In terms of studies...
Well, everything was great, they wanted me to get a PhD and then again,
the news broke, they started treating me differently, the last semester, the
last two semesters...
JD You never told me that...
-. I never told you? I remember we came to the museum here and we were
looking at modals and this arts teacher, she was making jokes, she was
being really harsh
JD Who?
An arts teacher. Arts class. I took art class.
JD At MoMA?
■ At Columbia, I took art class and we came to (UK) and there were lilies,
you know, who did them...
JD The Monet? The Waterlilies.
■ And she says, "look at the lilies and tell me what you think about it?" And I
said, "well, it's so, it's done in a way where I think I could do it." And the
teacher says, "no, you can't" and everybody started laughing.
JD [laughs] Ok. Well, now are you projecting, that's a little bit of paranoia!
[both laugh]
I don't know, no?
JD My kids always tell me that about Mondrian. You know, it's just geometric
verticals and horizontals..."I could do that!" [laughs]. Or Malevich, with
the Black Circle...
.. ...the Black Square is more...
JD Or the Black Square...Um.
DRAFT: FOR DISCUSSION PURPOSES ONLY
8
EFTA01190814
PRIVILEGED AND CONFIDENTIAL
ATTORNEY CLIENT AND/OR Nardello
WORK PRODUCT COMMUNICATION
Co.
[conversation inaudible for next 20 secs]
59:14 -. (UI) terrible. I just — I want to make sure, you like when I was in London
and again like, people in the gym, and this and that, you know, I was like, I
can't...
JD What do you mean, "gym"?
You know, like (UI)
JD You mean an exercise gym?
■ Yeah. And um I am very strong, (UI) I feel like I cannot be a good mother,
I cannot take care of you...
JD Mmhm
Um. And urn. I must live, I must live a little (UI) I do something (UI)
01:00:21 JD I would like very much for you to feel secure. What kind of work would
you like to do?
Investing business, no? Invest money. I would take care of it. Um. I'm not
going to do anything dramatic and crazy right away because I have to move
first. Maybe I'll find a job in the finance industry or I'll go work by myself,
we'll see. But I've been learning about (UI) companies a little bit (UI). I
don't know. And I'm sure...
01:01:22 JD So, let me — playing devil's advocate a little bit — just so I have — because I
want to think this all out
Yeah.
JD And I want us to get to a place where -
Yeah.
01:01:32 JD So ou et a bunch of mone u front...
Mmhm
JD ...An investment
Mmhm
JD And ou lose all of it...
We've been through this. I spend half and with the other half little by
little...
JD What happens when you lose that? I'm playing devil's advocate, just
thinking it out with you. How do we both get — I mean, we both — you have
need, I have needs...
--. Yeah
01:02:07 JD ...How do I get a sense of comfort — and the worst thing by the way (UI)
investing is that somebody feels, "Well heads I win, tails you lose." And
what I mean by that is there has to be UI. And if you feel, Okay, I can go
for that, it has a big upside, and then you lose the money because you feel
you can come back and say you need more, that's an impossible position
for me
I think I — art of the mone I have to allow to invest b someone else
JD How do I get a sense that you are secure and comfortable but that there's
finality? And that — you're coming back a few years from now and saying,
"Oh I reall wanted that UI but I lost the mone , I need more."
I don't know how — how to (UI)
1:03:47 JD I think — as I said — mutually we have need to have both our needs satisfied
to a certain degree.
DRAFT: FOR DISCUSSION PURPOSES ONLY
9
EFTA01190815
PRIVILEGED AND CONFIDENTIAL
ATTORNEY CLIENT AND/OR Nardello
WORK PRODUCT COMMUNICATION
Co.
Do you want — do you need like a written (UI)
JD I don't know. I don't have an answer right now but it's something I think —
I just need to think about. Urn. Because you want certain security and
assurances and I want certain security and assurances. Um. And that's how
we co-exist peacefully. Urn. And I don't care to comment more. Um...So, I
want to *ust--
Yeah
JD Think through everything. I'm trying to listen to everything you're saying
because I think that ou should be listened to.
01:04:43 Well I mean, I'm at the point where I don't live in New York, we don't see
each other, so there should be some kind of separate arrangement. I mean, I
mean, I can promise that you know if you agree to these terms I will not ask
for more. Um, I think...How do I know that you will keep your words?
You canpromise me ten billion dollars in ten ears -
JD Right
You know what I mean? How do I know that...
01:05:23 JD Well certainly the up-front — the up-front payment whatever it is if that's
the way we go —
Yeah, eah
JD That you have. Okay. So that there's no question about and then the rest
would have to be some type of a Trust. There could even be two meanings
to the word "trust"
Uh-huh
JD One, you could mist me. And two we could set up some kind of a special
Trust. Urn. I don't know, that's something lawyers can work —
Yeah
JD can work through so that you know you're still provided for if I get hit by a
truck tomorrow
Yeah, yeah, yeah, I think that's good.
01:06:02 JD Um. So. I mean, I think that can be probably worked through it may take a
little time to get it right but I think that's important for you as part of your
sense of securi . Urn.
Mmhm
JD But all I'm saying the security has to work both ways —
Definitely, yeah, mmhm. And I'm sure I'll, if you allow me, I'll come back
to you for advice
JD Mmhm
■ On how to manage and take care of it better the next time. There's
probably no one better than you. You know...
01:06:43 JD Do you have lawyers involved at this point?
■ Um, a friend of mine drove me somewhere yesterday, I don't even like the
friend of mine and I don't know, he wanted to go and meet with you and
talk to you outside. I do not feel comfortable, And I haven't said any
numbers. I haven't said. Just general picture. I think it's dangerous for me
to meet with you. It could be seen as a blackmail case.
JD Minim
You know
DRAFT: FOR DISCUSSION PURPOSES ONLY
10
EFTA01190816
PRIVILEGED AND CONFIDENTIAL
ATTORNEY CLIENT AND/OR Nardello
WORK PRODUCT COMMUNICATION
.Co.
01:07:17 JD Yea. I think we know each other well enough. Urn. But I mean I don't want
to go down those paths.
Yeah, yeah
01:07:30 JD Um. And I said, you know, a lawyer — well, it's up to you obviously
You think I should get lawyer?
JD I think on the one hand there are lawyers who would want to take a big part
of the payment. Um. If we work something out. So I think you have to —
Look —
JD Be careful about that.
-11 No — honestly —
JD On the other hand, having you know a lawyer, if we're getting to something
where a Trust is set up and, you know, something needs to be documented
you probably should have you know a lawyer or some type of
representation. I don't know. I think it's still early I think we should
probably, I think the best thing for you would be if we could work out some
type of an arrangement. And when you bring somebody in to get a
document or work through so you feel that you're not getting screwed and.
Um. And — and — but I think the danger of having one too early is they try
to grab on to, you know —
7 Yeah
JD A significant piece, which makes no sense for you
al I - I mean. I mean. Um. I trust you
JD Mmhm
■ I hope you trust me too and I hope you trust me too that I'm serious. I don't
want to squander it and then come back again
JD Mmhm
Urn. !just want to, you know. I'm very serious. Um. And I mean — I think —
I think right now I think (UI). So how do you want to proceed with this? Do
you have a, what do you think?
01:09:16 JD I know you're impatient. Urn. I also know it's within your — your
capability, if you want to pull a trigger, you can be hurtful. Um. So, I don't
think it takes anything away from you to — for us to take a little bit of time
to work this out and — but I want to say in good faith. Urn. I mean, this
could take a few months to work out to both our satisfaction. Um. I want to
be totally honest with you. Urn. I think my sister's going to die in the next
three or four weeks. As important as you are that is really weighing on me
significantly. I'm supposed to go away with my kids next week, I may cut
that short and just do it for a half week because of my sister. Urn. I want to
think about this visa passport, I want to look into it more. Urn. And so in
good faith I would tell you that you know, the next few months that I'd still
be happy to write you a check for a hundred thousand a month as I've done
the last few months in good faith so that you know I'm serious. And I want
to work something out with you.That meets a bunch of your needs and I
feel protected. Urn. And. You know, I think that we both have the same
goals, hopefully we'll find, um, a meeting of the minds as to the numbers,
DRAFT: FOR DISCUSSION PURPOSES ONLY
I1
EFTA01190817
PRIVILEGED AND CONFIDENTIAL
ATTORNEY CLIENT AND/OR Nardello
WORK PRODUCT COMMUNICATION
.Co.
but I also want to see if there are some smart ways to work through the
visa, work through the passport, the numbers, the investments. Um. I just
think that would be good for both of us. I'm not trying to put this off in any
way but I am trying to be realistic
Um.
I You know I can meet you in Europe too so that —
No, but — ou understand —
JD If you have a problem coming here —
You understand that--
JD I'm "ust sa in: ou're dead serious about this
Mmhm. I am serious. I'm serious and I understand it could take couple of
months. Um. (UI — something in Russian?) Okay, it's fine. Um. You also
have to understand that because we couldn't make decision during the
summer and I was hoping to get (UI) visa to go to London. Um. My son is
practically missing another school year.
JD Mmhm
And I'm willing to do these sacrifices
01:12:29 JD Alri: ht
(UI) (So I was hoping sooner?)
JD So you're going to have him home-schooled in Moscow?
a Tardarsna
JD There are no public schools? Or are you saying The language is the issue?
Uh huh
JD So he doesn't speak Russian? How is he doing? Is he with his
grandparents?
01:13:13 • Yeah. Yeah. Um. (UI)
JD I want to work this out in a way that's good for both of us
What are your concerned about right now?
JD One, I want to do it smart, I want to think about the numbers. And I want to
think about investing and check out the visa and passport issue. I want to
see how to best both provide for you and (UI your son?) you (IU he does
need a?) future. I think it just needs some time. But the objective is to have
you be secure and (UI)
01:14:18 .1 I mean, if — you know, there is passport for London where I could go with
my son. Urn. Then there is also. Um. We can invest something here
JD Mmhm
In the US, Maybe where I will be getting something. You know? In my
name.
JD Mmhm
JD Something also to (UI)
01:14:53 1. I don't know the situation really how it works in London. I mean, it's
strange. Do you think it's probably the same if you invest there and here or
here it's much better?
JD I think it depends on what you want to — I — I think you can invest there
III Yeah
JD My guess is to get a UK — to get a UK visa or passport they want you
investing in the UK
DRAFT: FOR DISCUSSION PURPOSES ONLY
12
EFTA01190818
PRIVILEGED AND CONFIDENTIAL
ATTORNEY CLIENT AND/OR Nardello
WORK PRODUCT COMMUNICATION
Co.
Yeah, yeah, yeah
JD That would be my guess
Yeah, yeah
JD But I - I don't know the rules. But I would assume that then the question is
well, we'll figure it out
JD? (talking with waiter)
01:16:03 JD When are you thinking about going back?
Where?
JD I assume to Russia, if that's where is
JD Or London or wherever?
Um I don't know.
il It's very difficult and draining right now. I don't know what to tell him
because I don't know what (UI), you know, what's going on, what's going
to happen.
JD But if I may ask, what happened to the million dollars that I gave you last
year?
Going from one place to another it's not easy. I rented nice apartments
JD Elm?
I rented nice apartments. (UI)
01:17:56 JD I mean, you tried to put him in an English-speaking school in Russia? And
what ha ed?
I told you
JD You tell me but I don't understand it
One father —
JD You said some Saudi —
■ Saudi. Started bullying my son and telling him that his daughter was killing
herself because of him
JD So he was enrolled in the school?
• Mmhm
JD And a friend of the daughter?
Yeah
JD And the father said the daughter was in love with him?
01:18:37 ■ The daughter was, like, crying all the time and then she was saying that she
loves him, that she doesn't love him, and this and that, she wants to do this
and that. And then at some point the father started calling my son and
saying that she almost died because of him
JD This was in the fall of last year?
01:19:04 a Yeah. She was trying to kill herself. She cut her arms. She had to go to the
hospital and he had to talk to her, and she was in love and it's not her fault
And they're both 12 years old?
The father? lau hs)
■D
J No, no, no. and the girl
Yeah
JD Alright
01:19:26 ■ Um. And I mean — I thought that the teachers were also, kind of, treated me
strangely. And then when I went to principal she said that he's a Saudi
diplomat and he's friends with Americans and if you can make report to the
DRAFT: FOR DISCUSSION PURPOSES ONLY
13
EFTA01190819
PRIVILEGED AND CONFIDENTIAL
ATTORNEY CLIENT AND/OR Nardello
WORK PRODUCT COMMUNICATION
.Co.
United States then you cannot make report with Russia. And then they told
my son that it's not true that she was trying to kill herself and that I don't
need to gossip about it
JD You what?
And we don't need to gossip about it
JD What does that mean?
I don't know. I mean basically they decided to tell my son that a girl was
killing herself because of him. She was in love but she cannot run? (UI)
JD And so this is ou withdrew him from the school?
01:20:33 I withdrew him because the girl — the girl -
JD Because of that?
■ Yeah. Yeah. I just — I'm not sure what it was all about and I don't
understand why parents they think it's okay to do that to other children
JD Crazy store
01:21:07 IN It is crazy. It's insane. But it wasn't less insane in my school. I went to an
exam and they tortured me for six hours how come I don't understand what
coalition means
JD Coalition?
■ Yeah. And I gave them six different definitions from six books. They said
no, you don't understand what coalition means
JD And this was for what course?
- II For my math exam
JD This was for math?
I Math exam. Six hours.
01:21:36 JD In school in Moscow?
In school. I don't know -
JD This was for what type of a degree were you doing this?
a Graduate degree
JD For a graduate degree
al Yeah
01:21:45 JD So they accepted your degree from Columbia
III Mmhm
JD and you are now taking a graduate degree and -
I was but I was tortured
JD Over the definition of coalition?
01:22:07 JD And this is after how many months - how many months had you been in
school then?
After like five, six months. And then there were other inappropriate
remarks and jokes towards me
JD Like what?
01:22:26 ■ Um. Like I come to class, the guy sees me and he starts saying — he starts
talking about Milken and looks at me (laughs), says Milken, like, had a lot
of students, blah, blah, blab(UI)
JD Milken had students?
I think they were referring to (UI)you?, I don't know.
JD I didn't have students nor did Milken
DRAFT: FOR DISCUSSION PURPOSES ONLY
14
EFTA01190820
PRIVILEGED AND CONFIDENTIAL
ATTORNEY CLIENT AND/OR Nardello
WORK PRODUCT COMMUNICATION
.Co.
Urn. I like, I don't know, some kind of questioning, Endless questioning. It
is upsetting me because first of all people don't know what type of
relationship we had and they accuse me of all kinds of, you know, things
that — and they assume all kinds of reasons why I was with you. Nobody
knows, but they (UI own theses?). And everybody thinks that it's their
responsibility to tell it to me and it's pretty hurtful. You know? For me it
wasn't a game, to be with you; for me it was very real
JD I mean — again, I don't disbelieve it — it happened, it happened but, you
know, I've never heard anybody say anything about us being together
Because nobody's going to tell you anything. You are a man in power
■
JD Why in Russia would they bring that up?
I don't know
JD It's not as if people don't have relationships. It's not the most unusual rare
■ thing in the world
New York is small and —
JD New York's not small
— and in Moscow it's even...
■
JD It was good.
I can't even think about it, it hurts me so much. Hurts me so much. I really
don't know how to get out of it
01:25:19 JD Well it sounds like London's the place you want to live
■ I mean, my choice — I would prefer (UI) back to you whether we are
together or not. I don't know what's going to be the school situation with
my son. I mean, I'm sick and tired of (UI) my life and making sacrifices.
(UI) [I'm not going to?] go live somewhere in the Village and hide
JD The Village is the most desirable place in New York. Chelsea, The Village
and TriBeca are actually more expensive than Midtown, East Side, Upper
East Side
I think that for my son it would be good to experience another culture.
Maybe (UI) [September?) For me (UI) would be easier, I mean England is a
sophisticated place, it's not like Moscow. I mean business-wise and work-
wise it's (UI)
JD And — and - have you ever thought — I thought you mentioned, or maybe
not — about him going to a boarding school — or not?
Well. We — I — I applied to one boarding school, Le Rosey
■
JD Le Rosey?
Yeah
JD In Switzerland?
01:27:20 U Yeah. Um. Again I had the sense that they knew about us
JD No, (UI)
Um...
Look. I'm not — I'm not even going to (UI)
01:27:55 ' They basically when I sent them (UI) with my son's grades, and I was in
(UI) Chevalier at the time, (UI) go downstairs, the guy's waiting (UI),
waiting (UI) downstairs
JD Alright
01:27:52 • Um. And um. We met a couple of times and he kind of (UI)
DRAFT: FOR DISCUSSION PURPOSES ONLY
15
EFTA01190821
PRIVILEGED AND CONFIDENTIAL
ATTORNEY CLIENT AND/OR Nardello
WORK PRODUCT COMMUNICATION
Co.
■
JD Okay. Alright
And I didn't do it
JD Oka
Um. But then he said you can apply next year if you really want to...
JD How big a bribe?
in I didn't ask
JD (laughs)
1. (laughs) I should have asked
JD Maybe that's the way it works though, I don't know
Yeah. Maybe I should (UI)
JD Maybe that's the way it works
Yeah
JD Remember when we couldn't get our rooms (UI
[both laugh]
JD (UI) unfortunately. So yeah. I don't know
How was it?
JD (UI)
(UI)
JD You were always such a good mind-reader
01:29:21 JD That was a joke
I didn't (UI)
JD Always (UI). In terms of you and your brain
01:29:51 ■ You have to understand (UI). Spend it I have to take care of me and my son
and (UI). I would love to just be here and wait for you coming from work,
your family, etc., but you know, even if we didn't see each other - look, I
just want to feel comfortable.
1:30:43 JD I will be in London two days in mid-September.
I have an a artment there so ma be we decide what we are doin with that.
JD Are ou not allowed to o there?
I am allowed. I am a in 10,000 r month.
JD Ok
Ok [laughing] so I guess I'm keeping it, right? Or No? No?
[pause]
1:31:09 ■ I guess, at some point I have to go there to maybe pay some bills and make
sure, everything.
JD Yeah, I'll be in London I think the 15th and 16th
--. Of September?
JD Of September.
il. So what's the plan? Do you maybe...?
1:31:36 JD Well, let me try to think through some of this and get some expert advice
on how to craft and things. As I said, I'm away for most of next week and
then the last week. Labor Day is late, so the first week of September may
not be the best in terms of getting advisors, everybody's gone. In Europe,
everyone takes off the whole month of August.
1:32:10 .1. So...
JD Here everybody takes off the week before Labor Day.
So two - three weeks is...
DRAFT: FOR DISCUSSION PURPOSES ONLY
16
EFTA01190822
PRIVILEGED AND CONFIDENTIAL
ATTORNEY CLIENT AND/OR Nardello
WORK PRODUCT COMMUNICATION
Co.
JD So hopefully maybe by mid-September we can make some progress.
1:32:25 -. I guess we're not even going to be before that right?
JD If I'm not here and I don't have advisors or an hin .
So maybe I should just go to Russia, right?
JD And then maybe we could meet in London if you want in mid-September?
Or meet back here sometime in [UI]. To see if we can come to something.
[talking to waiter??]
JD Dessert? Yes? No?
1:33:05 We don't have to if you don't want to.
JD Well, 'cause it's better than the last thing.
a Ok. What do you mean expert advice?
1:33:20 JD Structuring a trust that gives you, you know, security, if I die.
Uh huh.
JD Um, I also want to figure out how to, if we're going to put some money — I
don't know if I'm there yet or not — on what you're suggesting. I want to
think about it and how that could be invested. Um, I also want to see
differences on visas. Um...
1:33:51 ■ Why can't we just like take, let's say, for example, 100 million. And put it,
right, somewhere. And then I will take a percent and then live out of that.
And then when you die, then I do whatever I want.
JD I think that's what you originally proposed [laughs]. Look, well number
one, I don't have 100 million. Number two, I'm not paying a $50 million
gift tax. Number three, uh, I don't know how one could ever explain
numbers like that to a bank. Um...
1:34:30 But you love me, you love me.
JD Number four,
You love me.
JD I don't think...
What...
JD ...the need and the merit is there. Number five, as I said, I'm used to
investing at 15, 20, 25 percent a year, not at 2 and half percent a year. Urn,
so there are a whole bunch of reasons. And a hundred is not...
l:34:56 a I mean it could be like 70 or something. I mean I don't know what's the,
you know how, where we're going to agree but, uh, but then we need to get
visa separately too, right?
JD Umhm.
■ And the trust, how do you usually work it? Trusts, that's how they work?
You put money somewhere and then you get something...
JD Well I'm not a lawyer.
-. Ok
JD So I want to talk to someone to see what we can put together.
[to waiter] Thanks.
1:35:33 JD I mean I thought what I proposed, which was $15 million, a million a year
and five years of the visa, gave you a lot of security and comfort. Um, I
think it was serious, recognizing that I want you to be taken care of with
Um, I want to try to make adjustments to try to have you have more
satisfaction, um, and more security and comfort, so. And as I said, I will
DRAFT: FOR DISCUSSION PURPOSES ONLY
17
EFTA01190823
PRIVILEGED AND CONFIDENTIAL
ATTORNEY CLIENT AND/OR Nardello
WORK PRODUCT COMMUNICATION
Co.
write $100,000 a month so that, um, you know. And you know you always
have the possibility of going to work. I think that would be silly for both of
us. But, um, you do.
1:36:32 No, I think we should, if you want to even talk about it (UI). If it's no good
for you then it's no good for me. No? Huh? Yes?
JD No it's not.
So the plan is, we're going to meet in a couple of weeks. You give me the
papers.
1:37:01 JD Probably three or four weeks.
Three or four weeks. You will get the paperwork.
JD Well, I will certainly have the structure that I can go through, a structure
and a proposal to see what we can do. Look I don't want to feel extorted,
but I do want to give you security. So.
[pause, talking about dessert]
1:37:43 What have you tried here?
JD [exhaling] What have I tried here.
Sweet warm custard, warm caramel financier.
[laughing]
1:38:03 Actually that sounds good. I'll have that.
JD Alright. Root beer ice cream...
[pause]
I :38:37 JD So you said a friend brought you to a lawyer. So you've talked to a friend
about this at this point?
I didn't say everything, I just, was like a general (UI). Look I'm sure, if I
mentioned your name there could be a lot of lawyers, a lot of friends who
would try to help me, you know.
JD Mmhm.
1:39:02 ■ Urn, I don't want to go that road. Um, I think, if number-wise it would
make sense, I can trust you. You know what I mean?
JD Mmhm.
I really don't want to talk about it. And even like, when we are going to
come up with something, I really want to keep it out of anybody's, you
know, I don't want to tell anybody anything about it. And that's why it is
important for me just to work and to be safe. You know? Then I don't, I'm
not dependent on anyone, etc. I'm not, you know, even my mother doesn't
know.
[laughing]
1:39:48 JD [laughs] Especially your mother. [laughing]
■ So it's for me it's kind of, you know, I have to keep everyone in the dark
but also...
[to waitress, ordering dessert]
JD So we're getting a financier
[waitress] Yes
JD And how is the bavarois?
[waitress] Delightful. Bavarian custard, vanilla custard.
JD Alright.
DRAFT: FOR DISCUSSION PURPOSES ONLY
IS
EFTA01190824
PRIVILEGED AND CONFIDENTIAL
ATTORNEY CLIENT AND/OR Nardello
WORK PRODUCT COMMUNICATION
Co.
And one cappuccino please.
[waitress] One ca uccino.
JD Two
[waitress] Two cappuccinos.
JD Ok.
--. You haven't had lunch?
JD No (UI) back to the office.
[pause]
1:40:45 What's going on with you? Otherwise?
JD Unun...it's alright, like I said it's been a tough six months, health-wise,
with various members of the family. Urn, the kids are all pretty good,
which is nice. And, business is ok, I wouldn't say it's great, it's not
terrible.
al Mmhm.
JD And, I mean, um, the big question mark out there is what's happening to
China these days.
Mmhm.
1:41:24 JD Nobody is quite sure what the real facts are, as opposed to the fabricated
ones. Everybody keeps talking, sudden degrade, versus x percent versus
five percent growth.
Mmhm.
JD Um, but it could be much worse. So much of it is mismanaged. It's going
to affect the commodities market, even industrial orders. Um, there's a lot
of nervousness about that. Now, it doesn't affect our business too much
except for natural resources you can see wild swings, a huge volatility in oil
prices and a lot of it has to do with China demand.
Yeah.
JD So.
1:42:16 • And oil is what now, like 45?
JD Yeah. You see, when you said 60 or more, you were way off. 45 is not
close to 60.
[laughs] It was for a while 60. [laughing] For a while it was 60.
[pause]
1:42:44 JD Have you kept up with Mon at all?
(UI) Scared of what (UI). You know (UI). I think he's a little bit
chauvinistic, no?
1:43:06 JD No, I hear he's having issues though with urn, he repeats himself a lot. He
had a desi and his com an the CEO and board asked him to...
I think he was an intelligent man.
JD I think so too, I agree with you. So back then, you are saying, am I a
chauvinist male? I don't know what's going on.
■ Even now it's hard to recover that, you know what I mean. It's difficult
right now. (UI) I mean he's not sure, but...
JD Yeah, no it is.
1:43:50 --. So work is good.
JD Ok.
III Ok.
DRAFT: FOR DISCUSSION PURPOSES ONLY
19
EFTA01190825
PRIVILEGED AND CONFIDENTIAL
ATTORNEY CLIENT AND/OR Nardello
WORK PRODUCT COMMUNICATION
.Co.
JD It's ok. We made some, you know in this country, with Obama you had a
huge amount of new regulations.
• Uh huh.
JD Um, which has made it much harder too rate certain t s of businesses.
Because I think rivate uities were been doin ve well.
JD Yeah
Now there's a lot of regulations even for them, for you, right?
1:44:18 JD Not so much forprivate e ui .
Uh huh.
JD But for other lending institutions there was. So, GE, the mighty General
Electric, um, had a huge division in terms of lending. But these regulations
really were hitting them. So they decided to sell over $100 billion of their
financial lending assets. So everybody was looking at all the different
pieces, which were in lots of different types of loans. We looked pretty
hard at a few divisions. Uh, we tried to buy them. But they just went for
too much. S nt a lot of months on that, for nothin . But, ou know, tried.
1:45:10 Yeah. And I think investments in general has become a little bit harder...
JD High price.
Because it's more volatile, right?
JD Well, it's volatile and things are fairly fully-priced. So there aren't a lot of
what we call bargains out there.
Yeah.
JD So the area we've been building up a lot is lending. So you can have loans
at five percent, you can have loans at ten percent, in different products with
more risk.
III Yeah
1:45:42 JD You can even have loans in the teens. So we try to develop a lot of
different products for a lot of our different clients. Um, so that's where
we've been focusing.
1:46:09 III Let me use the bathroom, I'll be right back.
JD Ok, I think they're back that way.
[long pause]
1:49:09 JD You look eat.
Thank you.
JD How much weight did you lose?
I lost weight because I was so depressed. And I was like so (UI) and (UI).
JD Whatever you did, it looks good.
(UI) I mean, now I'm back.
1:49:41 JD [laughing]
■ I'm back for a couple of months. And you haven't spoken to lawyers in
England, no. No? They are very friendly with, they really act strangely.
JD They are really friendly with who?
Like with a lot of Americans, Clinton. And they just very...
1:50:09 JD Linton?
Clinton, Clinton, like Bill Clinton.
JD Oh, Clinton. Law ers in En land that are friend with Clinton?
(UI) So, um, very strange. I guess lawyers could be shady, right?
DRAFT: FOR DISCUSSION PURPOSES ONLY
20
EFTA01190826
PRIVILEGED AND CONFIDENTIAL
ATTORNEY CLIENT AND/OR Nardello
WORK PRODUCT COMMUNICATION
Co.
JD Some, yes. [laughs] Bankers can be too.
Bankers can be too.
JD [laughing] So can, so can...
illi I have to be careful.
JD [laughing] So can everybody.
1:50:37 --. When you are nice, I have to be very careful of you.
JD So can everybody.
1. Are you finished?
JD I am. But, uh, why? What lawyers do you know in England?
a Immigrational lawyers.
JD Now Clinton hasn't done much in England. Now, Bloomberg has been
spending a lot of time in London.
Minlim.
1:51:00 JD I know he went on this Serpentine board, he is the head of it now, the
chairman. I don't know why he chose that, but it's a society thing in
London. Art, in the park.
Ahh yeah yeah yeah.
JD You know, the Serpentine.
MI Yeah, yeah. He's taking over the globe, just like me.
lau•hin•
JD Yeah, I'm surprised, I thought he would have bought the Financial Times.
It was sold to the J: anese.
He bou • ht it? No?
JD No he didn't. I thought he should have.
Yeah because he had the crisis, right? What he's going to do.
1:51:35 JD Well, he went back to his company where he has 30 billion in stock.
Yeah
JD Poor guy.
Yeah.
JD I happen to like him. Uh, I think he's very capable. But, uh, it wasn't like
he didn't have, you know, options. The thing he wants is the presidency of
the United States. But I don't think he can figure out a way to get that,
so...
1:51:59 • Why? Because he's Jewish?
JD Well, one, he's a little Jewish guy from New York. Uh, and two, I don't
think either the Democratic or the Republican party would nominate him
because he's too moderate.
Yeah
JD And I don't think in this country you can win as a third party candidate.
He seems like an intelligent man.
1:52:25 JD I think he is.
But what's the story with women?
JD I don't know. I honestly don't know. [laughs] Um, he's with somebody
that I've known for a while, she's from, she went to Dartmouth, Diana
Taylor, a nice lady, but I have no idea what really goes on. I mean, he's
married, he has two daughters. Um, but, I don't know, what do you think?
1:52:57 --. I don't know. I think, like your person in life, and your intelligence,
DRAFT: FOR DISCUSSION PURPOSES ONLY
21
EFTA01190827
PRIVILEGED AND CONFIDENTIAL
ATTORNEY CLIENT AND/OR Nardello
WORK PRODUCT COMMUNICATION
Co.
sometimes they have nothing to do with each other. Like he is not
necessarily going to be lucky or smart in relationships.
JD That's true.
That's true?
JD Well, I don't think it means you won't be...
Yeah yeah yeah
JD But I don't think it's a arantee that you will be.
Yeah, yeah
[pause]
I:53:33 ■ Also probably, when you have with a lot of money, it probably also
becomes very difficult, no?
JD What becomes very difficult?
Trusting.
JD Yes. Yeah, no, I mean, you question people's inotivations.
And then also that you are surrounded all the time, not all the time but a lot
times, by people who can make a lot of sacrifices for you and (UI) it
becomes, I don't know (UI)
ause]
I feel like I know
JD Huh?
I) (U
JD (UI) Greg
1:54:43 • So when are you leaving, you leaving next week?
JD Sunday
This Sunday?
JD Mmhm.
Fora week?
JD Maybe.
Where are you going?
[talking to waiter]
JD Probably to Sardinia and Corsica.
1:55:03 • Oh nice, on the boat?
JD But I'm not sure yet, because, uh, maybe with this chemotherapy procedure
in Pittsburgh with my sister, I'm going to go, I'm not sure yet.
Yeah.
[pause]
1:55:45 JD Much better.
How's it taste? You can try mine, try mine.
I :56:06 JD Ok, I think yours is better actually.
You can (UI) -- I
--.
JD No you ordered that, I ordered the vanilla, this is the vanilla thing.
a No this is financier.
JD Ohh is it? Huh.
a Yeah, this is yours.
JD I don't even know ill don't see one when I see one.
[pause]
1:56:34 JD So you'll go back to Russia? Maybe London?
DRAFT: FOR DISCUSSION PURPOSES ONLY
22
EFTA01190828
PRIVILEGED AND CONFIDENTIAL
ATTORNEY CLIENT AND/OR Nardello
WORK PRODUCT COMMUNICATION
Co.
Uh huh. Yeah.
[pause]
1:57:06 JD So where is the most fun place you went last year? I saw you were in
Portugal and ou were in the beach somewhere.
Maldives.
JD Maldives. I've never been to the Maldives.
I Very good.
JD Is it nice? Is that the Indian Ocean?
a Very good.
JD And where do you go in the Maldives?
1:57:36 al There's a lot of islands. I stay in a hotel where they have the room (UI)
JD I didn't know if there were any particularly nice resorts there, I've never
been.
It's really nice.
JD Now is that the Mauritius too? Is that in the Maldives too or is that totally
separately?
--. Maybe, I don't know.
JD I don't know, that's the other lace I hear eo le talk about.
1:58:04 I don't know, I will probably going to go to Russia. Maybe I will go to
London. I haven't had a vacation this summer.
JD Oh ou were in the Ham tons ou said. That doesn't count?
You say you can only see me in three more weeks. When are you going to
be in London again?
1:58:28 JD 15 and 16 . That'll be actually my first trip to London, in a year.
I And you'll have the paper ready by that time.
JD I don't know if it's a paper, but it'll be a structure I think. We can talk
numbers and structure and kind of put this into a solid form.
1:59:04 al So maybe that makes sense, right? Maybe we should meet in London?
Alright?
JD Yeah, that's fine.
■ I'll go see my son, see how he's doing there. Because my lawyers, very
strange, you know, I started working with them in London.
JD These are the immigration lawyers?
■ Yeah, and only like a week before I met with you, they told me that my son
cannot come back to school in London. Which I think, not true, because I
think the American passport it is still longer. But I don't know, I don't
want to risk. And hopefully my son will learn Russian in that school and he
will whatever, meanwhile, which is good for him, right?
1:59:53 JD Right. It's in Moscow?
■ Not in Moscow, in Tatarstan. He will be in Tatarstan. So I'll go there and
then maybe (UI). Yeah I think that's good. Alright?
JD Yeah.
That sounds good, right?
JD I mean London we can make that clear.
Ok
2:00:36 JD You want anything else. I'm glad we made it through a meal. Like you
dismissed me when (UI) and you left abruptly the last, so this is more
DRAFT: FOR DISCUSSION PURPOSES ONLY
23
EFTA01190829
PRIVILEGED AND CONFIDENTIAL
ATTORNEY CLIENT AND/OR Nardello
WORK PRODUCT COMMUNICATION
Co.
pleasant.
[speaking to waitress]
2:01:31 [waitress] How did you find the financier? How did you find the almond cake?
JD It was good.
[waitress] Would you like to hold on to it or shall I take it?
JD No I'm trying to find the right one, here you go.
They make you pay here.
JD Yeah
2:01:54 Usually you don't pay anywhere.
JD Yes I do. [laughs] Yes I do. I pay everywhere.
You don't have an account here I ess.
JD Not here, no. I don't eat here that often, urn, because the food is pretty
good but it's a little slow.
aJD mini.
2:02:20 So I don't usually take two hour lunches. So, the Four Seasons is usually
an hour and I have an account there, and that's usually an hour or
sometimes less. Although I find this very pleasant, looking out at the
garden.
[pause]
2:02:55 --. A penny for your thoughts.
JD Uh, well I'm sorry you've suffered. I don't believe it was me, that's why I
said I was kind of sad you didn't just come out and ask for help as opposed
to threatening to sue and extortion, but I am sad you suffered. I care about
you and I would like to see you happy.
ause
2:03:53 What's going on in your family life?
JD [exhales] Nothing terribly interesting. Trying to stay above water. Shall
we?
[gets up to leave]
JD Thank you.
[they say goodbye to restaurant staff]
2:04:54 JD Ok which way are you going? Alright I'm going to work. Bye, have a good
trip.
Bye. Talk to you later.
[end]
DRAFT: FOR DISCUSSION PURPOSES ONLY
24
EFTA01190830