EFTA02549569
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File Details
- File Name
- EFTA02549569.pdf
- Data Set
- DS 11
- Type
- Category
- financial
- Size
- 199.1 KB
- Pages
- 3
Document Text
From: Noam Chomsky < Sent: Wednesday, December 13, 2017 6:01 PM To: jeffrey E.; Valeria Chomsky Subject: Fwd: Call with Max - summary Max's latest. Outrageous. My inclinat=on is to contact my children and request again that they instruct Max to r=sign. Then take it from there. What do you think? Forwarded message From: Deborah Pechet Quinan < Date: Wed, Dec 13, 20=7 at 10:36 AM Subject: Call with Max - summary To: "Noam Chomsk= <mailto <mailto "Richard Kahn Dear Noam, Valeria and Richard, <mailto >, "=Valeria Chomsky > )" < <mailto )" &l= >, 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 did not state that he would be willing to accept=less disclosure than what he requested in his November 30th ema=l to Richard. I stressed that this particular request was unreasonably int=usive, disrespectful and paternalistic. I do believe Max would be amenable to some level of reduced disclosure.Q=A0 I put pressure on him to release th