Re: realestate.

Subject:

Re: realestate.

From:

"Eric Schwerin" eschwerin@rosemontseneca.com

To:

"Hunter Biden" hbiden@rosemontseneca.com

CC:

"darcher@rosemontseneca.com" darcher@rosemontseneca.com

Date:

2010-10-04 18:29

Agreed. One thing Hunter and I were talking about last week was to come up with the plan first and then seek out those who can help implement the plan. Rather than what we sometimes do - have someone come to us with a great idea and try and reverse engineer it to make it work. I am confident we can figure out how to work with Sam and Mohammed (and others) in a way that fits in with our goals.

Eric D. Schwerin

Rosemont Seneca Partners, LLC

1010 Wisconsin Ave., NW

Suite 705

Washington, DC 20007

(202) 333-1880

eschwerin@rosemontseneca.com

P Consider the environment before printing this email.

On Oct 4, 2010, at 6:25 PM, Hunter Biden wrote:

I think it could be real- but let's create a vehicle for all these Real and maybes to participate. How do we let these guys loose without an expectation of partnership. What's the standard- what's the standard plus? On one end we have Sam and on another we have Khan. Where do they fit on spectrum and how do we compensate. The idea is to use this crazy Rolodex to our advantage and not get embarassed.

R. Hunter Biden

202-333-1880

On Oct 4, 2010, at 5:56 PM, darcher@rosemontseneca.com wrote:

See below. Based on my last phone conversation with Mohammed he now apparently wants to open up Rosemont Realty in the Kingdom based on the appeal of its marketable operating history and its new "backers". Is this just a total waste of time to be talking to these guys? Do we have any validation that Mohammed is a real guy or has ever gotten anything done? I want to believe b/c I like to dream but please give me some feedback. D -
Sent via BlackBerry by AT&T
From: "Howard Carroll" <senhwc@carrollandsain.com>
Date: Mon, 4 Oct 2010 16:38:26 -0500
To: <darcher@rosemontseneca.com>
Cc: <mk@arctic-inv.com>
Subject: realestate.

Devon,
Mohammed has again asked that I keep in touch with you to see if you want to engage in the real estate business in the Kingdom.
Also to follow up on your access to Florida Power and Light for some very sizable work in joint venture with locals to expand the Saudi Electricity grid.
Please let me know a few good times to talk about both.
Howard
Sen. Howard W. Carroll
7250 N. Cicero Ave., Ste 201
Lincolnwood, IL 60712
senhwc@carrollandsain.com
847-568-7000 (p)
847-568-7008 (f)
312-401-4004 (m)
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