Subject:

RE: Washinton Mutual Issue

From:
"Nicholas Gravante" NGravante@BSFLLP.com
To:
"Hunter Biden" hbiden@rosemontseneca.com, "William Isaacson" Wisaacson@BSFLLP.com
CC:
"Michael Endler" mendler@BSFLLP.com, "eschwerin@rosemontseneca.com" eschwerin@rosemontseneca.com
Date:
2010-03-05 12:42

Hunter, the hang up is David’s schedule. We still don’t know if he can make a morning meeting, and we know the proposed afternoon meeting does not work because it will conflict with the FDIC meeting. Can we lock it in for the morning, but make them aware in case it makes a huge difference to them that, regardless whether Boies can make it personally, two of his partners will be there?

 


From: Hunter Biden [mailto:hbiden@rosemontseneca.com]
Sent: Friday, March 05, 2010 10:28 AM
To: William Isaacson; Nicholas Gravante
Cc: Michael Endler; eschwerin@rosemontseneca.com
Subject: Re: Washinton Mutual Issue

 

Have we settled on a time for Frank's staff. Let me know when you do so I can get back to them.  Thanks.

On Thu, Mar 4, 2010 at 7:37 PM, Hunter Biden <hbiden@rosemontseneca.com> wrote:

FYI, my contact at Treasury told me that Jake has been out of the office on vacation.   She’s going to touch base with Jake’s office and coordinate and get back to me tomorrow on a possible meeting.

 

R. Hunter Biden

Rosemont Seneca Partners, LLC

1010 Wisconsin Av., NW

Suite 705

Washington, DC 20007

202-333-1880

P Consider the environment before printing this email.

This message and any attachments (the "message") are confidential and intended solely for the addressees.  Any unauthorized use or dissemination is prohibited.

 

From: William Isaacson [mailto:Wisaacson@BSFLLP.com]
Sent: Thursday, March 04, 2010 7:01 PM
To: Nicholas Gravante; 'hbiden@rosemontseneca.com'
Cc: Michael Endler; 'eschwerin@rosemontseneca.com'


Subject: RE: Washinton Mutual Issue

 

I know David cannot do after 2:30 because we are meeting with the FDIC at 4. I will wait to share with client until we find out if David can do the morning meeting.

************************************
William A. Isaacson, Esq.
BOIES, SCHILLER & FLEXNER LLP
5301 Wisconsin Avenue, NW
Washington, D.C. 20015
General Number: 202.237.2727
Direct Number: 202.237.9607
Facsimile: 202.237.6131
Cell: 202.258.1443
www.BSFLLP.com

 

From: Nicholas Gravante
Sent: Thursday, March 04, 2010 6:59 PM
To: 'hbiden@rosemontseneca.com'; William Isaacson
Cc: Michael Endler; 'eschwerin@rosemontseneca.com'
Subject: Re: Washinton Mutual Issue

 

Thanks Hunter. Bill, can you pass this onto the client and I'll check David's schedule.

 


From: Hunter Biden <hbiden@rosemontseneca.com>
To: Nicholas Gravante
Cc: Michael Endler; Eric Schwerin <eschwerin@rosemontseneca.com>
Sent: Thu Mar 04 18:34:26 2010
Subject: RE: Washinton Mutual Issue

Nick-

 

Lawranne Stewart, Senior Counsel to Chairman Frank on the Financial Services Committee, will be happy to meet with David on Monday.  She had availability before 11am or after 2:30pm.  What time works best for David?  Let me know and I’ll confirm with Lawranne and get you her room number.

 

Best,

 

Hunter

 

R. Hunter Biden

Rosemont Seneca Partners, LLC

1010 Wisconsin Av., NW

Suite 705

Washington, DC 20007

202-333-1880

P Consider the environment before printing this email.

This message and any attachments (the "message") are confidential and intended solely for the addressees.  Any unauthorized use or dissemination is prohibited.

 

From: Nicholas Gravante [mailto:NGravante@BSFLLP.com]
Sent: Thursday, March 04, 2010 1:19 PM
To: 'hbiden@rosemontseneca.com'
Cc: Michael Endler
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 has 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 expressly carved out TARP recipients—such as JPM—from those who could benefit from the November 2009 stimulus package.  JPM argues nonetheless  that there is a loophole in the law: Washington Mutual Bank, not 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 settlement of claims that awards the $2.6 billion in stimulus refunds to a TARP recipient (JPM) and the FDIC is urging a settlement that will permit that result.

 

 

 

 


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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]