📄 Extracted Text (529 words)
From: Paul Barrett
Sent: Thursday, January 3, 2019 5:46 PM
To: Jeffrey Epstein
Cc: Richard Kahn
Subject: RE: Follow up
Hi Jeffrey,
Happy New Year.
Have you had any further thoughts on a solution? Again, I am happy to work in any capacity that suits you.
Best,
Paul
Paul Barrett
Alpha Group Capital LLC
ew York, NY 10019
(o) (c)
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From: Paul Barrett
Sent: Friday, December 21, 2018 9:56 AM
To: Jeffrey Epstein <[email protected]>
Cc: Richard Kahn
Subject: RE: Follow up
Hi Jeffrey,
We are heading off to Europe tonight for a week. Please can you think about my proposal or come back with any other
ideas you might have. Again, I am happy to work with you in any capacity you need. If you no longer wish to work
together please can you pay me out through the end of the year and I will cease all syndicate trading and terminate the
Alpha Group Capital execution account currently being used to trade with the street that settles into your Interactive
Brokers accounts.
Hopefully we can find a solution.
Best,
Paul
Paul Barrett
Alpha Group Capital LLC
New York, NY 10019
(0) (c)
From: Paul Barrett
Sent: Monday, December 10, 2018 12:15 AM
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To: Jeffrey Epstein <[email protected] <mailto:jeevacation@gmail,com»
Cc: Richard Kahn >
Subject: Follow up
Hi Jeffrey,
I hope things are well.
I still have not heard from you regarding your suggestion for a revised proposal. It is obvious you no longer wish to work
together.
Considering we had a 2 year deal at $1.5mm, which was reduced down to $1.1mm based on other client fees, and no
performance clause built in to our contract, I think the following is a reasonable settlement:
- Pay me through December 31st <x-apple-data-detectors://6> at a pro-rata of $27SK
- Pay the $25K balance that is past-due 6 months dating from June
= $300K to void the remainder of the contract and amicably part ways.
Please note that even though I have not been paid since the June invoice I have continued to oversee your portfolio in
good faith in the absence of any new direction from you.
On the basis of a 2-year commitment from you, which was totally devoid of any performance clause or rules stipulating
management targets, I walked away from all my JPM stock and now my annual compensation is reduced by 66% until I
can sign more clients. In hindsight, we should have reviewed your portfolio together on a monthly basis from the very
beginning. I am sorry that the performance did not match your expectations. Perhaps a better understanding of how
you wanted the portfolio managed would have resulted in a different outcome.
If I am wrong and you want to continue to work together, please send your proposal this week. My Alpha Group
execution account guarantees you access across the street if you need it. And you keep the syndicate p/I.
Thank you.
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Paul
Paul Barrett
Alpha Group Capital LLC
New York, NY 10019
ca.ou :. an >
(O) (c)
Paul Barrett
Alpha Group Capital LLC
x-apple-data-detectors://0/1>
New York, NY 10019 <x-apple-data-detectors://0/1>
(o) (c)
4
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ℹ️ Document Details
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EFTA02607506
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