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EXHIBIT 16
Case 2:04-cv—00790-EHC Document 151-19 Filed 05/12/2006 Page1 013

Price, Joel

From: Steinert, Ed ·
Sent: Wednesday, October 29, 2003 12:53 PM
To: Price, Joel
Subject: FW: Dear Marcela...
----- O riginal Message-——~
From: Steineit, Ed
Sent: Monday, August 25, 2003 11:22 AM
To: Johnson, Marcela
Subject: Dear MarceIa...
Wanted to speak to you in person...I don't like to hide behind e-maiIs...but I have the feeling that you really don't want to
speak to me right now-——so, here goes---
I thought about you all moming in church yesterday. l really don't know what is going on with our non-communication right
now, but it is something I want to air out and deal with, and hope you will too. I assume I have done or said something to
offend you deeply. lf this is the case, I am truly sorry...I can tell you that I have not done anything maliciously toward you. lf
I have offended you in any way, I honestly did not mean to, and I am asking for your forgiveness...
Please let me know what it is, so I can be sensitive to not do it in the future. I apologize for being so dense as to have to
ask you to do this, but I really am baffled as to what I must have done I! I want you to know that I think very highly of you,
and care about you as a person. It hurts me to know that I have done something to mess up our friendship and work
relationship. If you'd care to talk at all about it, I would really like to talk with you.
Thanks for responding, when you get the time .... I
O
Ed Stemert
Senior Trade Analyst
Charles Schwab ez Co., Inc.
Electronic Order Review (Boating) -
Trading Operations
E-Mail: €d.gg!°Qg][email protected]
Phone: 602-355-3045
Fax: 602-355-3233
WARNING: All e—mail sent to this address will be received by Charles Schwab & Co., Inc. comorate e-mail system and is subject to archival and
review by someone other than the recipient.
Any comments or statements made are not necessarily those of Charles Schwab & Co., Inc., its subsidiaries, or affiliates.
1
case 2:04-cv-00790-Eno Document 151 -19 Filed 05/12/2006 $9’3l€}’é‘E 8?§5‘

Price, Joel

From: Price, Joel
Sent: Wednesday, October 29, 2003 2:11 PM
To: Steinert, Ed
Subject: RE: Joel...
Thanks Ed. I appreciate your honesty, candor and openness and your sincere attempts to demonstrate noble intent in
repairing the relationships with both Marcela and Teresa. I also appreciate your efforts to avoid further conflicts and to l
, keep negative impacts from recurring on the teams. Cheri and I will work to preserve your intent and represent your
integrity regarding the emails you sent me copies of within our coaching settings. I want to assure you that we are doing
our best to correctly handle this. I also want to express that I appreciate the confidence and trust that you have shown in
me to feel comfortable to come and talk with me. That means a lot. lf you have any further need to talk for any reason, I
am available. Just let me know. Thank you.
—~-Original Message---- `
From: Steinert, Ed
Sent: Wednesday, October 29, 2003 1:54 PM ~
‘ T0: - Price, Joel
Subject: JoeI...
If-I didn‘t clarify this before, please feel free to share those e-malls with Cherie. I would be happy to answer any
questions she might have as well, either personally or via e—maiI.
Thanks again for your time!
Thanks,
O
Ed Stemert IFI
gnlgsesggsvab az Co., Inc. '
Electronic Order Review (Boating) -
Trading Operations
E-Mail: ed,;tg;[email protected]
Phone: 602-355-3045
Fax: 602-355-3233
WARNING: All e-mail sent to this address will be received by Charles Schwab & Co., Inc. corporate e—maiI system and is subject to archival
and review by someone other than the recipient.
Any comments or statements made are not necessarily those of Charles Schwab & Co., Inc., its subsidiaries, or affiliates.
1
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Case 2:04-cv—00790-EHC Document 151 -19 Frled 05/12/2006 P(aHl$v5%r°§

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