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understood that Hirshfield had previously done business with
Winer and thought well of him. Alter read the Poly Reclamation
offering memorandum and attended some meetings with other
partners who were considering an investment in the Plastics
Recycling transactions, including Hirshfield, Dan Carroll
(Carroll), Joseph Ferraro (Ferraro), Lonn Trost (Trost), and Alan
Parker (Parker), a tax partner at Shea & Gould. He understood
that Carroll had a background in engineering, and that Ferraro,
who at the time represented British Petroleum, had worked at a
plastics company for one or more summers during law school.
Martin Feinstein (Feinstein), an associate at Shea & Gould, also
reviewed the Plastics Recycling transactions for Alter and some
of Alter's clients.
Feinstein has a B.A. in economics from Brooklyn College and
graduated cum laude from the New York University Law School. He
is a member of the New York State bar, and during 1981 he also
was a certified public accountant (C.P.A.). Feinstein earned the
credits that enabled him to sit for the C.P.A. exam from New York
University. During law school, and for a time afterward,
Feinstein worked at an accounting firm. He then was employed by
a business management company, Vincent Andrews, Inc. (VAI). VAI
managed the finances of people primarily in the entertainment and
theatrical industry. Feinstein specialized in tax matters and
budgeting at VAI. He and Alter met in 1969 through a VAI client,
Bill Cullen, who at the time also was represented by Alter in a
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