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Can we get the letter as soon as possible?

From: Hunter Biden <hbiden@rosemontseneca.com>
Date: Wednesday, April 17, 2013 3:46 PM
To: Arlene Busch <abusch@contegocapital.com>
Cc: Mike Mathis <mike@mmathisgroup.com>, Chuck Harple
<chuck@mmathisgroup.com>, 'Eric Schwerin' <eschwerin@rosemontseneca.com>
Subject: can we all get on conf call now pls

202-446-0483 (333188)


R. Hunter Biden
Rosemont Seneca Partners
Washington D.C.
202-333-1880


On Apr 17, 2013, at 2:25 PM, Arlene Busch wrote:

> Dan Loeb Gets $7 Million Break on Sandy Weill Yacht
> Text Size
>
> By: Kayla Tausche and Robert Frank
>
> Source: SuperYachtTimes.com <http://SuperYachtTimes.com>
> The 200-foot super yacht April Fool.
> Dan Loeb has become a billionaire searching out value in financial markets.
> Now, he's applying the same skills with yacht buying.
>
> Loeb‹founder of the hedge fund Third Point‹recently purchased a 200-foot yacht
> called "April Fool" for between $50 million and $52 million, according to
> people familiar with the sale. That marked a big discount from the most recent
> asking price of $59.6 million.
>
> The vessel was sold by Sandy Weill, the former CEO and chairman of Citigroup.
>
> "Dan got a very fair price," said someone familiar with the deal. "It's not a
> steal. But it's a great buy."
>
> Elissa Doyle, a spokeswoman for Third Point, could not be reached for comment.
>
> April Fool is widely considered one of the top yachts ever built by Feadship,
> the famed Dutch shipyard. Launched in 2006, April Fool has a huge master
> stateroom, a Jacuzzi on the fourth-level sun deck, a sauna, and sprawling
> outdoor dining lounge.
>
> The yacht first came onto the market in 2011 with a price of $69.5 million.
> But with a glut of yachts after the financial crisis, April Fool failed to
> sell. The price then dropped to $59 million last year.
>
> While the exact sale price isn't known, people familiar with the deal say Loeb
> paid between $50 million and $52 million.
>
> Sources say he has already been enjoying his new boat in the Bahamas.
>
> The sale also marks the shift of one generation of finance titans to the next.
> Weill, who built Citigroup throughout the 1980s and 1990s, has largely
> withdrawn from the world of finance and is downsizing his life. In an
> interview last year, he said he was selling April Fool because his grandkids
> had grown up and weren't using it as much for family vacations.
>
> In 2011, he sold his penthouse at the exclusive 15 Central Park West building
> for $88 million. Loeb also has an apartment in the building.
>
> "I'm trying to simplify," Weill said in the interview. "I think simpler is
> better."
>
> Loeb, on the other hand, seems to be embarking on his accumulation phase.
>
> Arlene Busch
> 312-498-9595
> abusch@contegocapital.com <mailto:abusch@contegocapital.com>