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EFTA00731082

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Dear Ms Reich. I write this to respond to your memo of feb 16 . In my email , I suggested that I was told that Mr Lefcourt would call me , now over a week, ago.. I am under strict instructions that this matter not be sent up to Mr. Epstein, until I and your firm agreed on the amounts and the facts.. Unfortunately, it still appears that after being shown numerous errors in your statements and invoices, you have yet to understand the accounting errors, inaccuracies, and the history of the billing issues. First let me assure you that I know Mr Epstein has the greatest affection for Mr. Lefcourt. He has never spoken about him or your firm in anything but glowing terms. That being said. On at least two separate occasions he at my prompting brought to Mr Lefcourts attention the seemingly impossible rate at which bills were being sent. In contrary to your assertions regarding the method of billing, your like every other firm, ws asked to not send detailed bills, as those bills would not be privelidged. He never discouraged the sending of bills, and we questioned the overly large amounts billed by your firm in comparison to every other.. Mr Lefcourt responded that he had checked both times, andthat the bills had been checked and re-checked. He stated that his whole firm was working for Jeffrey so that is what he should expect. I note that as these payment were in 2006 and early 2007, tax returns filed for those years must have reflected erros of serious size. In firms that have a multiple of your firms annual billings , and error of 50 k would not have gone unnoticed the magnitude of three quarters of a million dollars , in a small firm as yours is unexplainable especially considering the requests for them being verified on more than one occasion. As an example of what seems to be your continuing unfamiliarity with your firms own billing, you have made the laughable request that I present backup for your firms accounting that states " retainer for

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