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this financial disaster, with the tax loss used and the reputation enhanced, to go public as a branded community developer much as Ritz-Carlton and Four Seasons are thought of as branded hotel operators. The idea would be to have an institution or individual, or institutions and individuals, invest $15 mill
and on a friendly basis, separated our relationship with Lewie. In 2006 we invested $4 million to purchase one-third of Apes Hill Club, Barbados. South Padre Island proved a success in that we sold approximately 150 houses in 2005, 200 in 2006, 170 in 2007, and in each of these years had cash flow of $3 million
e tax loss used and the reputation enhanced, to go public as a branded EFTA_R1_01517498 EFTA02442485 community developer much as Ritz-Carlton and Four Seasons are thought of as branded hotel operators. The idea would be to have an institution or individual, or institutions and individuals, invest $15 mill
ime it paid its lawyers, court costs, and its debt of honor to directors, etc., it had approximately $4 million net remaining. In 2004 we purchased South Padre Island, our joint venture with the Lloyd Bentsen family in South Texas, from the fund run by Lewie Ranieri, and on a friendly basis, separated our relatio
this financial disaster, with the tax loss used and the reputation enhanced, to go public as a branded community developer much as Ritz-Carlton and Four Seasons are thought of as branded hotel operators. The idea would be to have an institution or individual, or institutions and individuals, invest $15 mill
ime it paid its lawyers, court costs, and its debt of honor to directors, etc., it had approximately $4 million net remaining. In 2004 we purchased South Padre Island, our joint venture with the Lloyd Bentsen family in South Texas, from the fund run by Lewie Ranieri, and on a friendly basis, separated our relatio
this financial disaster, with the tax loss used and the reputation enhanced, to go public as a branded community developer much as Ritz-Carlton and Four Seasons are thought of as branded hotel operators. The idea would be to have an institution or individual, or institutions and individuals, invest $15 mill
ime it paid its lawyers, court costs, and its debt of honor to directors, etc., it had approximately $4 million net remaining. In 2004 we purchased South Padre Island, our joint venture with the Lloyd Bentsen family in South Texas, from the fund run by Lewie Ranieri, and on a friendly basis, separated our relation
this financial disaster, with the tax loss used an= the reputation enhanced, to go public as a branded community developer much=as Ritz-Carlton and Four Seasons are thought of as branded hotel operators. The idea would be to have an institution or=20 individual, or institutions and individuals, invest $15 mi
time it paid its lawyers, court costs, a=d its debt of honor to directors, etc., it had approximately $4 million n=t remaining. In 2004 we purchased South Padre Island, our=20 joint venture with the Lloyd Bentsen family in South Texas, from the fu=d run by Lewie Ranieri, and on a friendly basis, separated our relat
s financial disaster, with t=e tax loss used and the reputation enhanced, to go public as a branded=20 community developer much as Ritz-Carlton and Four Seasons are thought=of as branded hotel operators. The idea would be to have=20 an institution or individual, or institutions and individuals, invest=$15 mi
, and on a friendly basis, separate= our relationship with Lewie. In 2006 we invested $4 milli=n to purchase one-third of Apes Hill Club, Barbados. South Padre Island proved a success in that we sold approximately 150 houses in 2005, 200 in 2006, 170 in 2007, and in ea=h of these years had cash flow of $3 million
Entities connected to both Four Seasons and South Padre Island

Jeffrey Epstein
PERSON
Barbados
LOCATION
Landmark
ORGANIZATIONSouth Padre
LOCATION
North Carolina
LOCATIONSt. Kitts
LOCATIONApes Hill
LOCATIONBarton
PERSONLewie Ranieri
PERSON
Ritz-Carlton
ORGANIZATIONSt. Lucia
LOCATION
Barry Diller
PERSON
the Board of Directors
ORGANIZATIONArcos Gardens
LOCATION
Lloyd Bentsen's
PERSONthe Court of Claims
ORGANIZATION
Golf Digest
ORGANIZATIONLake Presidential
LOCATION
South
LOCATIONApes Hill Club
ORGANIZATION