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ke sense to you? The other comment has to do with withdrawing in excess of RMD calculation in the past. There's a reason for this. Until last year, Bainco was distributing $140,000 from the IRA to family members. Furthermore, as far as I can figure out, we were charged with the management fees for the
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
illennium in addition to the Pershing statement and will confirm that both are routinely supplied to our clients. You will also kindly be supplying Bainco and other relevant fee information as of 2016 year end for each of the relevant accounts. If we need additional information, I will let you know.
25.pdf Inline-Images: image001.png Some more pieces for the puzzle. Interestingly, although Katz (Bainco) states that Noam receives a hard copy of Pershing monthly statements, we never received them in our address in Cambridge. And Noam was never informed about how to access the Millennium statements vi
75 Lexington Avenue, 4th Floor New York, New York 10022 Richard: Internoliot hivcstorS Last week I sent a letter to Noam Chomsky confirming that Bainco will no longer manage or provide investment advice to his personal accounts and requesting instructions as to the transfer of assets. In response,
nce, please contact Isabel Scharmer (at ) to process this transfer; this is a matter of some urgency, as Noam's assets may no longer remain in the Pershing accounts where they are currently held. For our records, we would appreciate it if you would provide us with some information about HBRK Associates
ary 28 statements for Noam's three accounts at Pershing (his revocable trust and two IRAs). The Pershing accounts are technically sub-accounts under Bainco's Pershing account. Inasmuch as Bainco is no longer Noam's registered investment adviser, the assets in the sub-accounts should be moved immediately
t should we do about it? Forwarded message From: Richard Kahn <I Date: Tue, Mar 6, 2018 at 10:21 AM Subject: Fwd: Noam Chomsky's accounts at Pershing To: Noam Chomsky Noam Chomsky Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel fa: ce Begin forwa
of $150,000. This relates to the calculation of your IRA yearly required minimum distribution (RMD ), which is based on the year-end IRA valuation. Bainco uses two third parties to act as the holders of your investments. - Pershing holds the publicly-traded investments. - Millennium holds the "speci
imum distribution (RMD ), which is based on the year-end IRA valuation. Bainco uses two third parties to act as the holders of your investments. - Pershing holds the publicly-traded investments. - Millennium holds the "special" private investments, which as we discussed, have mostly failed. I am not s
of $150,000. This relates to the calculation of your =RA yearly required minimum distribution (RMD ), which is based on the year-end IRA valuation. Bainco uses two third parties to act as the holders of your investments. - Pershing holds the publicly-traded investments. - Millennium holds the "speci
imum distribution (RMD ), which is based on the year-end IRA valuation. Bainco uses two third parties to act as the holders of your investments. - Pershing holds the publicly-traded investments. - Millennium holds the "special" private investments, =hich as we discussed, have mostly failed. I am not
illennium in additio= to the Pershing statement and will confirm that both are routinely suppli=d to our clients. You will also kindly be supplying Bainco and other relevant fee information=as of 2016 year end for each of the relevant accounts. If we need additional information, I will let you know.
ria Chomsk wrote: =div dir="ltr"> Some more pieces for the puzzle. In=erestingly, although Katz (Bainco) states that Noam receives a hard copy o= Pershing monthly statements, we never received them in our address in Cam=ridge. And Noam was never informed about how to access the Millenniu= statements vi
hing to ask, beca=se I never heard of it before your letter and have no idea what it is. There are no further distributions. That was arr=nged with Bainco when it became clear to them and us that distributions to the family were almost exhausting the obligatory IRA withdrawals. On the promissory note,
from the Promissory Note specifies interest rates under two different conditions: 1) when there is a loan outstanding between the Marital Trust and Pershing; 2) when there is no such loan outstanding. At the moment there is no such loan outstanding. Therefore, the interest rate that applies is the Mid Te
hing to ask, beca=se I never heard of it before your letter and have no idea what it is. There are no further distributions. That was arr=nged with Bainco when it became clear to them and us that distributions to the family were almost exhausting the obligatory IRA withdrawals. On the promissory note,
from the Promissory Note specifies interest rates under two different conditions: 1) when there is a loan outstanding between the Marital Trust and Pershing; 2) when there is no such loan outstanding. At the moment there is no such loan outstanding. Therefore, the interest rate that applies is the Mid Te
f $150,000. This relates to the calculation of your IRA yearly required minimum distribution (RMD ), which is based on the year-end IRA valuation. Bainco uses two third parties to act as the holders of your investments. - Pershing holds the publicly-traded investments. EFTA00849506 - Millennium h
mum distribution (RMD ), which is based on the year-end IRA valuation. Bainco uses two third parties to act as the holders of your investments. - Pershing holds the publicly-traded investments. EFTA00849506 - Millennium holds the "special" private investments, which as we discussed, have mostly fail
Entities connected to both Bainco and Pershing

Jeffrey Epstein
PERSON
Noam Chomsky
PERSON
Valeria Chomsky
PERSON
Richard Kahn
PERSON
Marc Rich
PERSON
Princess Diana
PERSONLexington
LOCATIONHarry Chomsky
PERSON
Tucson
LOCATIONDiane
PERSON
Eric Trump
PERSONGene Landy
PERSONAvi Chomsky
PERSONDiana Chomsky
PERSONDeborah Pechet Quinan
PERSON
Joi Ito
PERSON
Condoleezza Rice
PERSONthe Marital Trust
ORGANIZATIONSam Bain
PERSON
Millennium
ORGANIZATION