Eric D. Schwerin
Rosemont Seneca Partners, LLC
(202) 333-1880
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Begin forwarded message:
From: "Jack Casey" <jcasey@meridiancompaniesllc.com>
Date: October 18, 2010 4:53:26 PM EDT
To: "Arlene Busch" <abusch@rosemontseneca.com>, "Eric Schwerin" <eschwerin@rosemontseneca.com>
Subject: PROJECT AMERICA - FREDDIE MAC UPDATE
CONFIDENTIAL
UPDATE
Arlene &
Eric:
The
attached letter was hand delivered to Freddie Mac Friday, October 15, 2010 at
NOON. I received a call from the Freddie Mac project manager Friday
afternoon confirming the investors would close if Treasury approved the
transaction.
A source
at FHFA just told us they have a copy of the reconsideration letter and
they are waiting for a transmittal request from Freddie Mac so it can be
forwarded to the Treasury for disposition.
We
need Treasury approval in WRITING
November 3, 2010 in order to meet Board Of Director Agendas to close by
year end during the lame duck session.
Thanks,
Jack
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