McCormack responds to memorandums that John D. Webber sent to the Corporate Finance Committee concerning the IMG Classics Record Label and Trattoria Trax. He asks Webber to stop anything that has been or is being done until they have met and discussed it. Webber's attached memorandum concerning Trattoria Trax explains that they have to make a quick decision on a small film project using Sir Neville Marriner and provides some details pertaining to this project. Webber's attached memorandum concerning IMG Classics Record Label explains that Ian Maclay has put forward a definitive budget and cash flow for this label.
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