EFTA02500409.pdf

From: jeffrey E. <jeevacation@gmail.com> Sent: Friday, May 22, 2015 5:04 PM To: Melanie Spinella Subject: Fwd: Fw: ART LOAN brad reviewed - Forwarded message From: Brad=Wechsler ce Date: Fri, May 22, 2015 at 12:44 =M Subject: Fw: ART LOAN To: Jeffrey Epstein cjeevacation@gmail.com <mailtoje=vacation@gmail,com» Perfect example on why we have to migrate off excel... Sent from my Verizon Wireless BlackBerry From: Richard Joslin Date: Fri, 22 May 2015 15:43:52 +0000 To: Brad Wechsler Subject: ART LOAN My spreadsheet calculates art loan interest and if t=ere is a draw down I calculate incremental interest on the draw down for t=e balance of the year. The thought was to have a dynamic spreadsheet that =s we plan cash flow/ art loan draw downs, the interest would follow. The interest calculation I s=owed was $6.2mm. Upon further review, my calculation for one of the drawdo=ns created an error in excel. The revised calculation was $5.6mm. =AO JEE not happy about error. I explained to him that in pressing for immediacy I don't have enough time to double check=my work and if I had more time I would have found bad cell reference =A0 Richard Joslin CFO Elysium Management LLC 445 Park Ave Ste. 1401 New York, NY 10022 1 EFTA_R1_01627348 EFTA02500409  please note =he information contained in this communication is confidential, may be =ttorney-client privileged, may constitute inside information, and is in=ended only for the use of the addressee. It is the property of JEEUnauthorized use, disclosure or copying of this communication or any p=rt thereof is strictly prohibited and may be unlawful. If you have rece=ved this communication in error, please notify us immediately by ret=rn e-mail or by e-mail to jeevacation@gmail.com cmailto:jeevacation@gmail.com> , and destroy this communication an= all copies thereof, including all attachments. copyright -all rights r=served 2 EFTA_R1_01627349 EFTA02500410