File 027028
Email Chain About Penny Pritzker's Income Disclosure Error (File 027028)
Email correspondence discussing President Obama's Commerce Department nominee Penny Pritzker's $80 million income understatement in government financial disclosures, originally reported by the Washington Post.
Summary
Tom Pritzker forwards an email chain discussing news coverage of Penny Pritzker's Commerce Department nomination and her $80 million income disclosure error. The Washington Post article details how Pritzker, worth approximately $1.5 billion, understated her income and had to file a correction to her government-filed disclosures. The email chain includes forwarding from Marshall Eisenberg and Monice Kaczorowski from Neal, Gerber & Eisenberg law firm, discussing the disclosure issue and corrections made by Pritzker's advisers.
From: Pritzker, TomSent: 5/23/2013 3:15:37 AMTo: jeevacation@gmail.comSubject: Fwd: Pritzker AlertAttachments: image001.jpgImportance: HighI clearly did something wrong in my last life to have to deal w this bullshit. AND I warned her.-------- Original message --------From: "Eisenberg, Marshall E." <Date:To: "Pritzker, Tom" <Subject: Fwd: Pritzker AlertSent from my iPhoneBegin forwarded message:From: "Kaczorowski, Monice M."Date: May 22, 2013, 8:54:07 PM CDTTo:I."Subject: Pritzker AlertWashingtonPost.com<http://WashingtonPost.com>Copyright 2013 The Washington PostMay 22, 2013,"Miller, Glen""Richman, LawrenceSection: in-the-loopObama nominee Penny Pritzker's $80 million mistakePresident Obama's billionaire nominee to head the Commerce Department, Penny Prizker, understated herincome by $80 million.Emily HeilHey, these things happen: Penny Pritzker, President Obama's nominee to lead the Commerce Department,understated her income by some $80 million and had to file a correction to her government-fileddisclosures, Bloomberg is reporting.That might sound like a lot of money, but it's all relative. Pritzker, whose family founded the Hyatthotel chain, is worth about $1.5 billion. So it's easy to see how a few million — or 80 — could gomissing.Maybe she left it in the other purse?A spokeswoman told Bloomberg that the $80 million was "a substantial amount" and that Pritzker's adviserscorrected the error as soon as they realized it.Per Bloomberg: "Documents released last week show Pritzker received $32.2 million for a decade's worth ofconsulting on the restructuring of domestic trusts," but new filings indicated she made at least $80million more than that.Monice M. KaczorowskiChief Knowledge OfficerNEAL • GERBER • EISENBERGTwo North LaSalle Street • Suite 1700Chica o IL • 60602-3801directfaxmailto:mkaczorowski@ngelaw.com>www.nge law.com< ttp: www.ngelaw.com/<http://www.ngelaw.com<http://www.ngelaw.com/»[cid:image001.jpg@OlCE572E.7E4D4B70]<http://www.linkedin.com/pub/monice-kaczorowski/6/44/367/>Please consider the environment before printing this email.HOUSE OVERSIGHT 027028Confidentiality Notice: This communication is confidential and may contain privileged information. Ifyou have received it in error, please notify the sender by reply e-mail and immediately delete it and anyattachments without copying or further transmitting the same.HOUSE OVERSIGHT 027029