EFTA02546816
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File Details
- File Name
- EFTA02546816.pdf
- Data Set
- DS 11
- Type
- Category
- financial
- Size
- 207.6 KB
- Pages
- 3
Document Text
From: Valeria Chomsky Sent: Thursday, December 14, 2017 12:45 AM To: jeffrey E. Subject: Fwd: Call with Max - summary Do you have the e-mail from Max from November 30th, that D=borah mentioned in the second paragraph or her e-mail below? She wro=e that Max sent the e-mail to Richard. Could you please forwa=d it to us, if you have it? Thanks. =div dir="ltr">Valeria adiv> Forwarded message F=om: Deborah Pechet Quinan Date: Wed, Dec 13, 2017 at 12:36 PM Subject: Call with Max - s=mmary To: "Noam Chomsky <mailto <mailto "Richard-Kahn <mailtcS Dear Noam, Valeria and Richard, "Valeria=Chomsky I spoke with Max yesterday afternoon. He reite=ated his position that he is not prepared to make distributions without so=e level of financial disclosure. We discussed my view that the level=he would like to see is unreasonably intrusive. I proposed that a financial statement should be sufficient. He count=red that in addition to a financial statement he would require a statement=of current cash flows as he is concerned about "burn rate"=and how long the trust funds would be projected to last at the current burn rate given increasing life expectancies generally..=A0 Max =id not state that he would be willing to accept less disclosure than what =e requested in his November 30th email to Richard. I str=ssed that this particular request was unreasonably intrusive, disrespectfu= and paternalistic. I do believe Max would be amenable to some level of reduced disclosu