EMAIL DETAILS

If Lawranne is still there I could probably call her. Who's the
client? JPM?

Eric D. Schwerin
eschwerin@rosemontseneca.com

Sent from my iPhone

On Mar 4, 2010, at 1:18 PM, "hbiden@rosemontseneca.com" <hbiden@rosemontseneca.com
> wrote:

> Can we get David Boies a meeting with Frank's staff on WaMu issue.
> Sent on the Sprint® Now Network from my BlackBerry®
>
> From: Nicholas Gravante <NGravante@BSFLLP.com>
> Date: Thu, 4 Mar 2010 13:19:12 -0500
> To: 'hbiden@rosemontseneca.com'<hbiden@rosemontseneca.com>
> Cc: Michael Endler<mendler@BSFLLP.com>
> Subject: Re: Washinton Mutual Issue
>
> Hunter,
>
> FYI, David is meeting with Sheila Bair on Monday in DC. Let me know
> if you have any luck with Frank or his staff.
>
> Regards,
> Nick
>
> From: Nicholas Gravante
> To: hbiden@rosemontseneca.com <hbiden@rosemontseneca.com>
> Cc: Michael Endler
> Sent: Wed Mar 03 11:21:46 2010
> Subject: FW: Washinton Mutual Issue
>
>
>
> Hunter,
>
>
>
> The email below is the general introduction email we have used when
> contacting folks an Capitol Hill. Please let me know if you need
> anything else.
>
>
>
> Thanks,
>
> Nick
>
>
>
>
>
> Here is text for an all purposes email
>
>
>
> You may remember that in September of 2008, JP Morgan bought most of
> the assets of Washington Mutual Bank for $1.88 billion from the
> FDIC. This transaction occurred on the same day WaMu was closed and
> the FDIC was appointed WaMu’s receiver. JPM has reported that it ha
> s made billions from its 2008 purchase of WaMu from the FDIC. JPMC
> a TARP recipient, is now claiming an additional $2.6 billion in WaMu
> tax refunds from the November 2009 stimulus package. Congress expr
> essly carved out TARP recipients—such as JPM—from those who could
> benefit from the November 2009 stimulus package. JPM argues nonethe
> less that there is a loophole in the law: Washington Mutual Bank, n
> ot JPMC, may claim the stimulus tax relief and then turn it over to
> JPM. JPM is now trying to obtain the FDIC’s consent to a settlemen
> t of claims that awards the $2.6 billion in stimulus refunds to a TA
> RP recipient (JPM) and the FDIC is urging a settlement that will per
> mit that result.
>
>
>
>
>
>
>
>
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