From: Valeria Chomsky To: "jeffrey E." <[email protected]> Cc: Noam Chomsky Subject: Fwd: Chomsky - Gene Landy's request Date: Sat, 04 Nov 2017 15:53:09 +0000 Attachments: doc20170802090824.pdf Inline-Images: image001.png Jeffrey, I think there is an important piece in what Bainco called "manual adjustment" from Noam's IRA, in the amount of $150,000. We never received a clear explanation where the money went. Does the total amount of $150,000 really correspond to the loss of the investment that Bainco wrongly advised Noam. Please read below. Valeria Forwarded message From: Robert Katz Date: Wed, Aug 2, 2017 at 11:45 AM Subject: Chomsky - Gene Landy's request To: Gene Landy Cc: Noam Chomsky Valeria Chomsky , Sam Bain Jessica Foley , Mark O'Keefe Gene — As requested please find attached the electronic statements as of 12/31/16 for the IRA accounts held at Pershing. The "manual adjustment" is actually an increase to the Pershing IRA year-end 2016 account balance calculation for determining Noam's 2017 RMD. The increase reflects assets held outside of Pershing; at Millennium. You will please note that after Bainco's receipt of the Millennium 12/31/16 statement, 372 Outsmart announced that the company was closing its operations and that a final K-1 would be issued for 2016. Thus the value for 372 Outsmart will be reduced to $0 thereby changing the 12/31/16 Millennium IRA value to $75,000. However, in either case ($150,000 value or a $75,000 value); Mr. Chomsky has withdrawn an amount in excess of his 2017 RMD calculation (as he has done in the past). I hope this information helps. Best regards, EFTA00962351