From: "Barry J. Cohen" To: Jeff Epstein <jeevacation®gmail.com> CC: Joseph Vinciguerra Subject: Returns Date: Fri, 13 Oct 2017 17:25:12 +0000 We had similar thoughts on the ring and interest. EY shot them down. On the income/expense disparity, we will talk to Arcadia next year. On the other, the nature of the expenses was such that we thought there was only one way to characterize them. Joe V will call you. Sent from my iPhone EFTA00986694