EFTA01047857.txt

"When the IRS audits a partnership and makes an adjustment to the partnership's income or deductions, the IRS sends adjustment notices to the partners "

"The delta is Leon's (BFP's) allocable share of the adjustment of BRH Holdings, LP ordinary income as a result of an audit of the tax return of BRH Hol"

"Also, it's interesting that other non-founding executives at Apollo were also recently given assessment notices"

"The 360 assessment as a result of the BRH audit in my opinion is the show stopper....if Leon were to sign off on adjustment and pay the assessment pro"

"Guys-can I just mention and confirm some things... jeffrey's first reaction (which may or may not have changed)... I can call first thing Monday and c"

"you and jeffrey will touch bases in the mom as well... torn tries to reach out by phone monday (after he and jeffrey touch base today or tomorrow morn"

"Apollo can't answer question #2 (under Apollo) unless we tell them what our assessment is. JEE has asked that we not do that. you and jeffrey will tou"

"It is very surprising to me that Deloitte nor anyone Apollo knew of these audits. Suzanne Wong (or someone at Apollo or Deloitte) should be able to pr"