“St. Mark”
description
Transcript of “St. Mark”
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“St. Mark”
Ron SaferManaging Partner
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Mark’s Rolein the
Organization
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No Secrets
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Tr. 827
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Tr. 857
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GOV
CNHI 27
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Audit Committee /Auditors Saw All
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Tr. 9011
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Tr. 9013
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Mark Creates An Audit Trail
Government’s Closing: “Whether KPMG identified this as a related-party transaction, had enough information to do that, that is totally besides the point in this case. It makes no difference at all. . . . It doesn’t matter that it is on the books and records. It doesn’t matter that there’s a paper trail that shows that money was paid.” (Tr. 13689.)
Government’s Closing: “Whether KPMG identified this as a related-party transaction, had enough information to do that, that is totally besides the point in this case. It makes no difference at all. . . . It doesn’t matter that it is on the books and records. It doesn’t matter that there’s a paper trail that shows that money was paid.” (Tr. 13689.)
Audit Committee
SECSECFilingsFilingsSECSEC
FilingsFilings
Public
RPTRPT
KPMG
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No Reason To Hide Anything
From The Audit Committee
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KIPNIS
TORYS 74
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Tr. 2165-2166
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1997
1998
1999
2000
2001
2002
2003
$26.5M(Inc.)
$32.0M(Ravelston)
$38.0M(Ravelston)
$37.8M(Ravelston & Moffat Mgmt.)
$30.8M(Ravelston, Moffat Mgmt.,
Black-Amiel Mgmt.)
$25.6M(Ravelston, Moffat Mgmt.,
Black-Amiel Mgmt.)
$26.0M(Ravelston, Moffat Mgmt.,
Black-Amiel Mgmt.)
$1.3M
$1.1M
$1.2M
$5.4M
$2.7M
$1.3M
(?)
$53M(Can West)
$5.2M(Osprey
I & II)
$216.7M $13.0M $58.2M
300,000
?
540,000
830,000
1,140,000
1,350,000
1,264,000
Total Monetary Compensation
Total Number of Stock Options
Granted
$288 Million+ 5.4 Million+
Sub-Total
ManagementFees
Salary, Bonuses and Other Monetary Compensation
Noncompetition Payments
StockOptions
Uncontested Compensation 1997-2003
Kipnis - Thompson Demonstrative 1
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Tr. 9127-9128
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Tr. 7070-7072
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Tr. 7070-7072
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Tr. 7070-7072
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SEC Filings
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KIPNIS
TORYS 21
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Tr. 7070-7072
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Tr. 7070-7072
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Tr. 12614
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Tr. 12612-12613
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Tr. 12612-12613
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What Was In It For Mark
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Tr. 857
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KIPNIS
TORYS 74
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KIPNIS
TORYS 74
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Tr. 9014
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He Lived Happily Ever After,
Considering The Alternative
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