McCarthy, Mary (Contractor) From: Juhas, Peter (IBD) Peter. Juhas@morganstanley cor] Sent: ‘Wednesday, February 18, 2009 11:31 PM To: Hsu, Michael Subject: Re: Contingency plan cutiine Mike | wil send materials we have put together before | leave on train for DC. in morning. Have not seen anything from Fed on ‘quantifying economic impact, but can glve you list of what we think are the affected parties. Pete From: Michael. Hsu@do.treas.gov To: Juhas, Peter (IBD) Sent: Wed Feb 18 21:56:09 2009 ‘Subject: Contingency plan outline When can we expect to get the contingency plan outline? From: Juhas, Peter (IBD) To: Hsu, Michael Sent: Wed Feb 18 17:37:13 2009 ‘Subject: Re: another idea... ‘Whatever is easter for you - just let me know. Thanks. From: Michael. Hsu@do.treas.gov To: Juhas, Peter (IBD) Sent: Wed Feb 18 17:24:15 2009 ‘Subject: Re: another idea... “The TARP offices are in a separate location, but not oo far. | can meet you there at Main Treasury. TARP have some ‘wing space there that we can use. From: Juhas, Peter (IBD) To: Hsu, Michael ‘Subject: RE: another idea... (Ok great. | think my other meeting should be over at 2 pm, so could stop by after that. Are you in the Treasury building itself? That is where my 1 pm takes place, Peter Juhas, Executive Director organ Stanley | Ivestment Baniong Dison 1585 Broadway | Flor 31 Now York,NY. 10036 Phono: + 212 751-7874 Fae #1 212 507-4208, Pater dhasOmorsansianio.com ‘roo0s72From: Michael.Hsu@do.treas.gov [mallto:Michael. Hsu@do.treas.gov} Sent: Wednesday, February 18, 2009 4:47 PM ‘To: Juhas, Peter (IBD) Subject: RE: another Idea... ‘A face-to-face would be great. Let me know what time works best for you. Looking forward to putting a face to the voice. From: Juhas, Peter (18D) [mallto:Peter Juhas@morganstanley com Sent: Wednesday, February 18, 2009 4:43 PM To: Hsu, Michael ‘Subject: RE: another idea... Mike: By the way, | spoke to Sarah re the AIG bankruptoy effects. There are a couple of pages that we have been working on seperately for Sarah that may be useful here in describing the potential impacts on other parties, Sarah sald she would talk to the Fed's economists fo see if they had a good way of quantifying some of these impacts. Pete Peter Juhas, Executive Director ‘Morgan Staniey| Investment Barking Dist 1509 Broaawey | Floor ‘New Yor NY. 10086, Phove: +1 212 781-7874 Fave 21 242 507-4208, p From: Michael Hsu@do. treas.gov [maito: Michael. Hsu@do.treas.gov] Sent: Wednesday, February 18, 2009 4:35 PM To: Juhas, Peter (IBD); Sarah.Dahlgren@ny-frb.org; Kieran Fallon@rb.gov Cet Matthew Kabaker@do.treas.gov; James. Lambright@do.treas.gov; Matthew. Rutherford@do.treas.gov ‘Subject: another Idea... ‘This is really Peter's idea, with some suggestions from Matt Kabaker, and a quick nod from Kieran. Not sure fit works from a legal or accounting perspective, but as @ TARP-friendly tool it would seer helpful to have, especialy insofar that it could be used to shore up the investment portfolios of certain subs to get them sold. Thoughts? tw, Lam going to try to take a crack at framing the "A prime” analysis that TG requested: 1 will try to circulate that later tonight. SOC acaue is wn vw aacenecctay and ay contin cntveniy iormaton. We So eck wae confidenvatty vy oftrananiaac. Fae are ots somrmuntoace terre uss, Gasemunatse, parting or copying le Sie proba pease estoy ek electron and paver ‘To00873coves ard rol tho sender mmeatly. Weave require by aplcabe rules vo advise YoU Vit we may ama agk BE Mark maka FE “ocurtceynsuméntsmenloned or may aie the suerte tat past pertormanc sa eats of abs ekuns, ‘Fra communicnvon a mended forthe soorumeea) and may conan conden Wforaten, we donot weiveeoniidentaity by misvansmisson. I Tis commerce Sormmrcaon mrt a7 use, eceonten, printing ox copying ssc prlionea; cease Ges al acon ae Paper aL Sy oi sence mesic. We a eae y appease rus to ace YOU Un we Fey oN oF ck 38 market oKer for ‘eturtesinatromenss mentioned or may seve the lebver; aed Eat past parormance Nt heave of are ets, That communion nlended for the sedremeol) and ay contain conden formation. we donot wove caridentaie by mistransmasion If oa ot aeeemichen in anor ty waa, lsarinston, pring 2 copying i utc prone please cetroy a secon and paper hse snd out tne soncer svmeatalp. We ara eqated by appa rules fo oni YOu MAE we may OW" OF ek BB market Maker "Or Seciten/induenss mentones or may sause he SSUers; and at pest pformanes at Incentive oF ube abun ‘Fas commnlcaron is abandod loc the aauresseas) and may conan cone rformaden. we donot waive eoniidenaty by misransmieion It Ths cm communion ner, ary wan, estaanaion, pti taping i icy ond ane detay a karo Sn pape Fee iy the sender Imvsatatey, Weare reared by applica resto s0vise you tat we ay aw or ath a9 market Maker f° Secuitesynateuerts mertoned or may ave the sluer; and tae pbt performance 1 nt Indeatve cute tums. ‘Tov0s74