Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Save to My Library
Look up keyword
Like this
4Activity
P. 1
SULLIVAN CROMWELL WAMU Indemnification Obligations -Purchase and Assumption Agreement FDIC as RECEIVER and JPMORGAN CHASE BANK NA (TOGETHER WITH ITS SUBSIDIARIES AND AFFILIATES "JPMC) relating to resolution of Washington Mutual Bank, Henderson, NV 'WMB'; JMPC's indemnity rigths claims FHFA as conservator of Fannie Mae GUARANTEE and Freddie Mac GUARANTOR and NCUA; Investigation Financial Crisis Inquiry Commission & Permanent Subcommittee on Investigations re: pro-failure events at WMB subject to indemnification Section 12.1 of Agreement. JPMC may decided to settle any such claims subjects indemnification; FDIC Receiver concents to our defending and if we deem prodent settling such claims; Notice of Additional Claims 'JPMC not a bona fide purchaser of the securities because of its insider knowledge of purported fraud' Washington Mutual Preferred Funding entities engaged in fraud, aided and abetted in fraud and made negligent misrepresentations. JPMC advising indemnification by FDIC purs

SULLIVAN CROMWELL WAMU Indemnification Obligations -Purchase and Assumption Agreement FDIC as RECEIVER and JPMORGAN CHASE BANK NA (TOGETHER WITH ITS SUBSIDIARIES AND AFFILIATES "JPMC) relating to resolution of Washington Mutual Bank, Henderson, NV 'WMB'; JMPC's indemnity rigths claims FHFA as conservator of Fannie Mae GUARANTEE and Freddie Mac GUARANTOR and NCUA; Investigation Financial Crisis Inquiry Commission & Permanent Subcommittee on Investigations re: pro-failure events at WMB subject to indemnification Section 12.1 of Agreement. JPMC may decided to settle any such claims subjects indemnification; FDIC Receiver concents to our defending and if we deem prodent settling such claims; Notice of Additional Claims 'JPMC not a bona fide purchaser of the securities because of its insider knowledge of purported fraud' Washington Mutual Preferred Funding entities engaged in fraud, aided and abetted in fraud and made negligent misrepresentations. JPMC advising indemnification by FDIC purs

Ratings: (0)|Views: 48 |Likes:
Published by Mary Cochrane
SULLIVAN CROMWELL WAMU Indemnification Obligations -Purchase and Assumption Agreement FDIC as RECEIVER and JPMORGAN CHASE BANK NA (TOGETHER WITH ITS SUBSIDIARIES AND AFFILIATES "JPMC) relating to resolution of Washington Mutual Bank, Henderson, NV 'WMB'; JMPC's indemnity rigths claims FHFA as conservator of Fannie Mae GUARANTEE and Freddie Mac GUARANTOR and NCUA; Investigation Financial Crisis Inquiry Commission & Permanent Subcommittee on Investigations re: pro-failure events at WMB subject to indemnification Section 12.1 of Agreement. JPMC may decided to settle any such claims subjects indemnification; FDIC Receiver concents to our defending and if we deem prodent settling such claims;
SULLIVAN CROMWELL WAMU Indemnification Obligations -Purchase and Assumption Agreement FDIC as RECEIVER and JPMORGAN CHASE BANK NA (TOGETHER WITH ITS SUBSIDIARIES AND AFFILIATES "JPMC) relating to resolution of Washington Mutual Bank, Henderson, NV 'WMB'; JMPC's indemnity rigths claims FHFA as conservator of Fannie Mae GUARANTEE and Freddie Mac GUARANTOR and NCUA; Investigation Financial Crisis Inquiry Commission & Permanent Subcommittee on Investigations re: pro-failure events at WMB subject to indemnification Section 12.1 of Agreement. JPMC may decided to settle any such claims subjects indemnification; FDIC Receiver concents to our defending and if we deem prodent settling such claims;

More info:

Published by: Mary Cochrane on Jul 05, 2012
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

03/16/2013

pdf

text

original

 
f.‐kde
; ?;
SUFF@XKI ( CWJNTEFF FF_
QCqF_TT,
8.;@7.55.1???
wkC)@I@q)F
;.\@ f.5;D35
TTTUqCkS
`}s
qhf kC;;SpekSq)) !q) SC
)@
S
Jcqjgew ;0& 7?;?
Heaen` Aepjs`q @isuwkice Cjwpjwkq`jiWece`xew jh Tksl`idqji Nuqukf Gkib& Leiaewsji& Iexkak&;8?; Gwki Sq.& Su`qe ;4?;
Akffks& Qe|ks 457?;
Kqqeiq`ji= Wed`jikf Cjuisef ,F`q`dkq`ji Gwkicl) (Aepuq A`wecqjw
,AWW
. H`fea Jpewkq`jis Gwkicl)
We=
iaeni`h`ckq`ji Jgf`dkq`jis
Aekw S`n
Te wehew qj qle _uwclkse kia Kssunpq`ji Kdweeneiq Tljfe Gkib& akqea
ks
jh Sepqengew 75& 7??< ,qle ‐Kdwekie`i‐) g kia knjid qle Heaewkf Aepjs`q
@isuwkice Cjwpjwkq`ji `i `qs cjwpjwkqe ckpkc`q ,
.
HA@C Cjwpjwkqe') kia ks wece`xewHA@C Wece`xew' kia& qjdeqlew t`ql HA@C Cjwpjwkqe&
.
HA@C') kia M_Njwdki Clkse
Skw` IK ,qjdeqlew t`ql `qs sugs`a`kw`es kia s`qukqes& 'M_NC') wefkq`id qj qle
wesjfuq`ji jh Tksl`idqji Nuqukf
Skib&
Leiaewsji Iexkak TNG') Ql`s feqqew
suppfeneiqs juw pw`jw `iaeni`h`ckq`ji ijq`ces kia pwjx`aes ju t`ql tw`qqei ijq`ce jhkaa`q`jikf nkqqews hjw tl`cl M_NC `s eiq`qfea qj `iaeni`h`ckq`ji wk`aew Secq`ji ;7; jhqle KdweeneiqQtj kaa`q`jikf nkqqews nk d`xe w`se qj M_NC‐s `iaeni`q w`dlqs
H`w}w&
pjqeiq`kf akni g qle Heaewkf Ljus`id H`ikice Kdeic ,
.
HLHK')& ks cjisewxkqjw jhHkii`e Nkc kia Hweaa`e Nkc& wefkq`id qj TNG‐s njwqdkde jw`d`ikq`ji kia sewx`c`idkcq`x`q`es Qle HLHK lks `ssuea sugpjeiks qj M_NC `i{u`w`id `iqj& knjid jqlew ql`ids&qle jw`d`ikq`ji kia sewx`c`id hf`es jh qle ljne fjkis gkcb`id secuw`q`es `i
tl`cl
Hkii`eNke kia Hweaa`e Nkc `ixesqea& kfjid t`ql qle jw`d`ikq`ji kia uiaewtw`q`id du`aef`iesqlkq tewe `i ehhecq tlei qljse fjkis
tewe
jid`ikfea
Secjia&
pjqeiq`kf cfk`ns g qleIkq`jikf Cwea`q Ui`ji Kan`i`sqwkq`ji wICUK')& ks cjisewxkqjw hjw qtj hk`fea cwea`qui`jis& wefkq`id qj cewqk`i njwqdkde.gkcbea secuw`q`es qlkq qle hk`fea cwea`q ui`jis lkakc{u`wea Qle ICUK lks `ssuea sugpjeiks qj M_NC `i{u`w`id `iqj& knjid jqlew ql`ids&njwqdkde.gkcbea seki`qkes qlkq tewe `ssuea jw uiaewtw`qqei g TNG eiq`q`es
 
wkde
7?;7
Heaewkf Aepjs`q @isuwkice Cjwpjwkq`ji
7.
@i k`q`ji& `q lks cjne qj juw kqqeiq`ji qlkq te nk lkxe `ikaxewqeiqf
jn`qqea qj pwjx`( ju t`ql hjwnkf tw`qqei ijq`ce jh qle
`ixesq`dkq`jis
g qle H`ikic`kf
Cw`s`s @i{u`wp Cjnn`ss`ji
eia
_ewnkieiq Su tn`tqqee
ji
@ixesq`dkq`jis& tl`cl pju
lkxe geei ktkwe jh kia te a`scussea t`ql juw cjuisef ji k iungew jh jccks`jis `i qle
pksq Ks ju kwe ktkwe qlese
`ixesq`dkq`jis wefkqea qj pn.hk`fuwe exeiqs
kq TNG kia kwesugmecq qj
`iaeni`ffeiq`ji uiaew Secq`ji ;7);
jh qle Kd`ckik`F M_NC lks `icuwwea
sugsqkiq`kf hees `i wespjia`id qj sugpjeiks `i cjiiecq`ji t`ql qle `ixesq`dkq`jis& kia qjqle e|qeiq qlewe te ki huwqlew sugpjeiks jw `i{u`w`es& nk `icuw huwqlew heesQj qle e|qeiq M_NC `icuws cjsqs kia e|peises `i cjiiecq`ji t`qlwespjia`id qj qlese sugpjeiks& `ixesq`dkq`id qlese `ssues& jw jqlewt`se aeheia`id `qsefhd`iikq ki cfk`ns& qlese qjj te sugmecq qj `iaeni`h`ckq`ji Te kwe kfsj kax`s`id juqlkq M_NC nk aec`ae qj seqqfe ki sucl cfk`ns& kff jh tl`cl tjufa ge sugmecq qj`iaeni`h`ckq`ji Te uiaewsqkia qle HA@C Wece`xew cjiseiqs qj juw aeheia`id kia `h te
aeki `q qj ge pnaeif& seqqf`id sucl cfk`ns
Ks ju kwe ktkwe hwjn pwex`jus cjwwespjiaeice ijq`h`id ju jh qle
HA@C‐s
`ew`kii`h`ckq`ji
jgf`dkq`jis `i jqlew nkqqews& qle nkqqews
`aeiq`h`ea
`i ql`s feqqew.
kwe ijq `iqeiaea qj ge e|lkusq`xe jw qj cjisq`quqe k sqkqeneiq qlkq ij jqlew hkcqs lkxe jwnk kiie qj juw kqqeiq`ji qlkq cjufa wesufq `i cfk`ns hjw tl`cl `wkaeusi`h`ckq`ji `spwjx`aea& kia te wesewxe qle w`dlq qj suppfeneiq ql`s ijq`ce ks kaa`q`jikf hkas jwc`wcunsqkices nk kw`seQlkib ju hjw juw b`ia kqqeiq`ji qj ql`s feqqewS`icewef&
))
 :
_&ewqK) Skcbs
cc
ki`ef _ CjjieFktweice I A`kieiMksji Bfe`i,M_Njwdki Clkse Gkib& IK)Mknes T`dkiaAkx`a Dckw`i
Bsaej Ijwewjss
,Heaewkf Aepjs`q @isuwkice Cjwpjwkq`ji)Qljnks W Ckf`hkij,AFK
_`pew
FF_)
 
q.‐kde
@ Cq
SUFF@XKI ( CWJNTEFF F@_
QFF-_TSICw ;3T4;
w.kkcj
XKCIN@F@@ @.7;?.4;7.!UJJ
;<<<
1h
4.h7:5
d
)-
k ))w& 
 
Muf ;7 7?;?
X`k Heaewkf E|pwess
Heaewkf Aepjs`q @isuwkice
Cjwpjwkq`ji
Wece`xew jh Tksl`idqji Nuqukf Gkib Leiac`sji& Iexkak
;8?; Gwki Sq Su`qe ;4?;Akffks& Qe|ks 457?;Kqqeiq`ji=
WCd`JE@@F
Cjuisef ,f`q`dkq`ji Gwkicl) (Aepuq A`wecqjw ,AWW . H`fea Jpewkq`jis Gwkicl)
We= Ijq`ce jh Kaa`q`jikf Cfk`ns
Aekw S`ws=
Te wehew qj qle _uwclkse kia Kknnpq`ji Kdwen|na Tljfe Gkib& akqea
ks jh Sepqengew 75 7T< ,qle Kdweeneiq') g kia knjid qle Hiacwk` Aepjs`q@isuwkice Cjwpjwkq`ji `i `qs cjwpjwkqe ckpkc`q CQA@C Cjwpjwkqe') kia ks wece`xew
,
.
HA@C Wc-|`xch‐ kia& qjdeqlew t`ql HA@C Cjwpjwkqe& 'HA@C') kia M_Njwdki Clkse
Gkib& IK
,qjdeqlew
t`ql `qs sugs`a`kw`es
kia
khh`f`kqes 'M_NC') wefkq`id qj qle
wesjfuq`ji jh Tksl`idqji Nuqukf Gkib Leiaewsji& Iexkak ,‐TNT) Ql`s @afewsuppfeneiqs juw pw`jw `iaeni`h`ckq`ji ijq`ces kia pnx`aes ju t`ql tw`qqei ijq`ce jh kikaa`q`jikf nk`few hjw tl`cl M_NC `s cuaaea qj `iaeni`h`ckq`ji uiaew Secq`ji ;7; jh qle
Kdweeneiq
Qle kaa`q`jikf nkqqew qlkq d`xes w`se qj M_NC‐s `iaeni`q w`dlqs `s qle
hjffjt`id kaxewskw pwjceea`id peia`id `i qle Ui`qea Sqkfes A`sqw`cq Gkibwupqc Cjuwq
hjw qle A`sqw`cq jh Aefktkwe=
@i
we
Tksl`sqqji
Nuqukf @ic)
C`x Kcq`ji Ij CX.?<.;7770& Kaxewskw Ckse Ij ;?.5;3<4& h`fea Muf 47?;?
`i ql`s iet kaxewskw pwjceea`id& qle qwuss pwehewwea cjisjwq`un seebs&knjid jqlew ql`ids& ,k) k aecfkwkqjw muadneiq qlkq qle qwusq secuw`q`es tewe iexewqwkishewwea qj TNG jw MHNC kia ,g) k aecfkwkqjw muadneiq qlkq M_NC tks ijq k gjik
h`ae puwclksew jh qle secuw`q`es geckuse jh `qs `is`ae bijtfeade jh puwpjwqea hwkua Qle
cjnpfk`iq kfsj cfk`ns qlkq qle Tkslndqji Nuqukf _wehewwea Huia`id eiq`q`es eidkdea `i

Activity (4)

You've already reviewed this. Edit your review.
1 hundred reads
1 thousand reads
pelliott123 liked this
dratty liked this

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->