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Lexus LX470-1999 $25,275 Mercedes Benz 5430-2001 937,495 Zuckerman Personal Holdings $80,500,000 BR, Inc - ("Lazy 2" Motor Yacht) $25,000,000 USN Aviation - (ZWA, Inc.) $44,000,000 ZAS, LLC- (Waldorf Flight Services) $11,500,000 Real Property & Options $80,827,852 17 East 75th Street 95,527,852 21 Drew Lane
bused, short-term directional program that tradm in highly liquid futures and forward markets. Key Employee's: Richard Grinham, Angus Grinham All': Dialectic Antithesis Partners MBZ 1996 Trust, MBZ Crut Equity Long/Short - Dialectic Antithesis' principal investment philosophy is to short stocks using a long-term time horizo
sonal Assets 9/30/2007 $121,190,705 $121,490,705 Zuckerman Personal Holdings BR, Inc - ("Lazy Z" Motor Yacht) 9/30/2007 25,000,000 25,000,000 USN Aviation - (ZWA, Inc.) 9/30/2007 44,000,000 44,000,000 ZAS, LLC- (Waldorf Right Services) 9/30/2007 11,500,000 11,500,000 Total Zuckerman Personal Holdings 9/30/2
t) Family Trust Marketing, Inc. SIBZ CRUT USN CRUT News Trust Total AIP Onshore Hedge Funds Boronia Diversified Fund (AIP) 657,108 657,408 Dialectic Antithesis Partners (All') 1,000,171 1,000,171 Double Black Diamond Class C (All') 1,128,147 1,128,147 GEM Realty Securities LP (AIP) 1,162,079 1,162,079 HSK Fu
Lexus LX470-1999 325,275 Mercedes Benz S430-2001 $37,495 Zuckerman Personal Holdings 380,500,000 BR, Inc - ("Lazy 2" Motor Yacht) 325,000,000 USN Aviation - (ZWA, Inc.) 344,000,000 2AS, LLC- (Waldorf Flight Services) 311,500,000 Real Property & Options 380,827,852 17 East 75th Street $5,527,852 21 Drew Lane
5 Global Bonds $1,153,735 Templeton Global Bond Fund $1,153,735 AIP Onshore Hedge Funds $11,553,338 Boronia Diversified Fund (A115) $657,408 Dialectic Antithesis Partners (AIP) $1,000,171 Double Black Diamond Class C (AIP) $1,128,147 GEM Realty Securities LP (Al?) $1,162,079 HBK Fund II LP (AIP) $1,257,042 Ivor
Entities connected to both USN Aviation - (ZWA, Inc. and Dialectic Antithesis Partners
The MBZ News 1992
ORGANIZATION
Morgan Stanley
ORGANIZATIONMotor Yacht
ORGANIZATIONHarbor Drive
LOCATIONFamily Trust
ORGANIZATIONLeon Black
PERSONFrancisco Partners
ORGANIZATIONPequot / FMVP II
ORGANIZATION
Bank of America
ORGANIZATIONCore Club 55th Street LLC
ORGANIZATIONMariner Tricadia Credit Strat
ORGANIZATIONBank of America Revolving Line
ORGANIZATIONBlackstone Offshore Fund II
ORGANIZATIONQuadrangle Capital Partners
ORGANIZATIONJPM Chase - Money Mkt
ORGANIZATIONMorgan Stanley - Money Mkt
ORGANIZATIONTempleton Global Bond Fund
ORGANIZATIONJP Morgan Chase - East Hampton
ORGANIZATIONSeligman Tech Spectrum Fund
ORGANIZATIONT. Rowe 401(K
ORGANIZATION