To: Mortimer Zuckerman
Fran: Jeffrey E.
Sent Sat 7/12/2014 7:18:04 PM
I'm happy to hear from you, happy to see your stock at the 120 level. an increase in over 100
million in new net worth in only a few months . ( how long did it take for the first 100? ) I
assume, by your email , that as I predicted , you have not found a solution to your very complex
problem that meets all of your needs. Pm really sorry. I cherish our friendship and I know the
feeling is mutual. That being said, we have been down this road many times before. The last
time we went down this path , as my former emails stated, I hired, at your request ,a number of
people to work on your project. I have continued to pay them ,as i gave them my word when
they left their former job . I will fly from the Caribbean to have lunch with you anytime for any
reason . however if the meeting you have requested is in regards to wanting me to create a
structure and implement your much needed plan - my fee has always been and will continue to be
40 million dollars. payable up front now . and refunded in part .if unsuccessful . As you recall, I
have already found for you hundreds upon hundreds of millions of dollars of issues charity
clause etc . as perour past emails. You have in the past, in your words been unable emotionally
to come to grips with paying large fees. I respect that view as I respect you. If you still have
hesitations lets not even begin again - if you want to verify the the 40 million is my standard
e feel free to check with the Lawyer you liked at Paul Weiss , Alan Halperin .
M .. I understand from him that you recently bumped into each other.
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