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Och-Ziff Capital Management Group LLC Message Board

  • Oldanwisa Oldanwisa Mar 25, 2012 12:05 PM Flag

    Sch K-1 for filing 2011 taxes: Anyone rec'd

    It is Mar 24 and I have not rec'd any Sch K-1.
    Are 2011 shareholders supposed to receive one ?

    Have any of received ?

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    • Och Ziff is always slow to get out its Schedule Ks. Och Ziff is slow, lazy, stupid, and inept in just about everything that they do, from trading to administration, so this should be no surprise. Basically Och and his cronies skim off hundreds of millions are dollars off the top for themselves, and then run the organization on a shoe string budget, outsourcing the Schedule K preparations to a firm in Taiwan owned by a relative of the Ziff family. You will be lucky if you receive it before April 18.

 
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