EMAIL DETAILS
SUBJECT:
Re: Washinton Mutual Issue
PRI: NORMAL
FROM:
E
eschwerin@rosemontseneca.com
DATE:
2010-03-04 18:26:31
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<78F51B5B-6EFE-48ED-9E25-C38252456FF6@rosemontseneca.com>
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H
hbiden@rosemontseneca.com
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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. > > > > > > > > > IRS Circular 230 disclosure: > To ensure compliance with requirements imposed by the IRS, unless we > expressly state otherwise, we inform you that any U.S. federal tax > advice contained in this communication (including any attachments) > is not intended or written to be used, and cannot be used, for the > purpose of (i) avoiding penalties under the Internal Revenue Code or > (ii) promoting, marketing or recommending to another party any > transaction or matter addressed herein. > > The information contained in this electronic message is confidential > information intended only for the use of the named recipient(s) and > may contain information that, among other protections, is the > subject of attorney-client privilege, attorney work product or > exempt from disclosure under applicable law. If the reader of this > electronic message is not the named recipient, or the employee or > agent responsible to deliver it to the named recipient, you are > hereby notified that any dissemination, distribution, copying or > other use of this communication is strictly prohibited and no > privilege is waived. If you have received this communication in > error, please immediately notify the sender by replying to this > electronic message and then deleting this electronic message from > your computer. [v.1
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