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From: To: Cc: Subject: Date: Attachments: Gary Cohen Cassidy Waskowicz; Sarah Zuckerman Sarah Knaus FW: Use of Secretary Jackson Quotes Monday, December 20, 2010 6:15:47 PM 2010-12-15 G Cohen Letter to Jackson re Use of Quotes.pdf Revise the quote as follows: At the Department of Housing and Urban Development, “we began to get rumors” that .... firms were “running wild, taking applications over the Internet, not verifying peoples’ income or their ability to have a job,” recalled Alphonso Jackson, the HUD secretary from 2004 to 2008, in an interview with the Commission. “Everybody was making a great deal of money. . . and there wasn’t a great deal of oversight going on.” RATHER THAN At the Department of Housing and Urban Development, “we began to get rumors” that “Ameriquest” and other firms were “running wild, taking applications over the Internet, not verifying peoples’ income or their ability to have a job,” recalled Alphonso Jackson, the HUD secretary from 2004 to 2008, in an interview with the Commission. “Everybody was making a great deal of money. . . and there wasn’t a great deal of oversight going on.” From: Steven Cousins [mailto:SCOUSINS@ArmstrongTeasdale.com] Sent: Monday, December 20, 2010 6:05 PM To: Gary Cohen Cc: Damon.Y.Smith@hud.gov; nancy.d.christopher@hud.gov Subject: Use of Secretary Jackson Quotes Mr.Cohen, Thank you for sending your letter of December 15,2010 respecting the possible use of Secretary Jackson's quote set forth in that letter.The Secretary grants permission to use the quote as it stands,save for the reference to "Ameriquest".Accordingly,any reference to "Ameriquest" should and must be stricken from the record. Upon further recollection as my client had the opportunity to examine his statement and reflect on occurrences that admittedly transpired sometime ago,he has come to the conclusion that " Ameriquest:" wasn't the company ,in that context,to which he was alluding.Many apologies for any confusion caused or miscommunication engendered in the Q&A.Happy Holidays to all. Steven Cousins From: Smith, Damon Y [mailto:Damon.Y.Smith@hud.gov] Sent: Thursday, December 16, 2010 8:06 AM To: Steven Cousins Subject: Fw: Use of Secretary Jackson Quotes Steve, See the attached document with a specific quote to be used by the FCIC in their report to Congress. Let me know if you have any questions or concerns. Damon From: Sarah Knaus [mailto:sknaus@fcic.gov] Sent: Wednesday, December 15, 2010 04:55 PM To: Kanovsky, Helen R Cc: Smith, Damon Y; Gary Cohen <gcohen@fcic.gov>; Cassidy Waskowicz <cwaskowicz@fcic.gov>; Sarah Zuckerman <szuckerman@fcic.gov> Subject: Use of Secretary Jackson Quotes At the request of Gary Cohen, please see the attached. Thank you, Sarah Knaus Financial Crisis Inquiry Commission 202-292-1394 sknaus@fcic.gov This email and its attachments may contain privileged and/or confidential materials and is intended solely for the use of the addressee. If you are not the intended recipient, it is prohibited that you use or disseminate any information found in the email or its attachments. Please delete all copies of it and its attachments and notify the Financial Crisis Inquiry Commission at 202-292-2799 immediately that you received this email in error. Although we attempt to sweep e-mail and attachments for viruses and spyware, we do not guarantee that either are virus-free or spyware-free and accept no liability for any damage sustained as a result of viruses or spyware. ***********************PRIVATE AND CONFIDENTIAL*********************** This transmission and any attached files are privileged, confidential or otherwise the exclusive property of the intended recipient or Armstrong Teasdale LLP. If you are not the intended recipient, any disclosure, copying, distribution or use of any of the information contained in or attached to this transmission is strictly prohibited. If you have received this transmission in error, please contact us immediately by e-mail (admin@armstrongteasdale.com) or telephone (314-621-5070) and promptly destroy the original transmission and its attachments. Opinions, conclusions and other information in this message that do not relate to the official business of Armstrong Teasdale LLP shall be understood as neither given nor endorsed by it.