Subject: Comments
From: "Eric Schwerin" <[email-masked]>
To: "Michael Laffin" <[email-masked]>
Cc: "Hunter Biden" <[email-masked]>, "Katie Dodge" <[email-masked]>
Date: Mon, 20 Apr 2015 16:50:51 -0400

Mike-

Not sure if this is too late, but Hunter and I reviewed your thesis - and looked specifically at the conclusion.   Everything was great - well researched and well written.  Two general comments that we had.

1) You start off the concluding section by saying that the fact that mercenaries are made up
of "humans" introduces a sense of uncertainty and the possibility of
rogue actors.  But I don't see why that can't happen in the regular
military. I don't see the support for this conclusion.  It seems to me
like the lack of oversight may be the bigger problem.

2) There are too many dollar figures (and other currencies)
introduced in the conclusion - it seems to me that those should be in
the body of the thesis not being introduced in the conclusion.

Otherwise it is well researched - think the conclusion just needs to
be tighter.

Let us know if you want to discuss further.

Best,

Eric and Hunter

Eric D. Schwerin
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
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