(668900-£4-SNNOx~ANERL ‘TerawaaraNoo mesa a on sre se 9 Re ONDA SO son een nse rag OS sti nsw suet ny png imma aasae Smee cma neat soce este wee sg sour sasemnaeiccivorns. 032 su aoe dea oF UE nf006900-E%-swwnos- aad LaeRe: Fw: Counterparties Brian J.Gross ‘Sarah. Dahlgren Celvin witenel, "am Hennessy” Show Detais sarah -- that sounds fine to me on providing information to the Hill T will probably touch base with che House side at some point (after ATG does so) just to make sure they have the documents, and I will plan to give the "formal" head's up to the Senate side -- when we have the docs and know when AIG is telling the House eide (just 0 that everyone gets the information more or legs at the same time). on your first point ~~ ie that still up in the air about the GIC counterparties? Frankly, I think it makes sense to do it all now and not let it drag out ... Why release some info today and more info on Neds? To the extent there are going to be negative stories, let's get them all out CONFIDENTIAL FRBNY-TOWNS-R3-006893at once. (And I see no positive stories coming out of this, so that's not relevant.) ven it Kanjorski would like some "news" at their hearing, 1 think the greater good is achieved by releasing all of this at the same time -- and be done with it. Just my 2 cents ... Thanks for keeping me in the loop ... I'l wait until you hear back from Stasia and other decisions are made Brien sarah Dahigren/NY/ERS@= RS 10 Brian 9 Gross/BOARD/FRS@BOARD 03/13/2009 11:07 aM calvin Mitchell/M¥/ERS, "Jim Hennessy" Subject, Re: Fut counterparties (Document link: Brian J Gross) Couple of things -- 1 think we'd like AIG to issue a press release that also includes @ disclosure on GIC counterparties (municipalities!....but. their original intention was to do only the DK (and net provide the GIC nanes until Liddy's testimony) .... ‘The company also wants to be able to provide an advance copy of the 8K to their Hill contacts (principally Frank and Kanjoreki staffere) -- wo told then we would be providing =o Dodd and Shelby in advance (to be responsive to their requests to the ve)... T will talk with Stasia Kelly (GC of AIG) about timing so we are all on the same page (the company is trying te Does this sound okay? Sazah Dahlgcen Senior Vice President Federal Reserve Bank of New York office: 212-720-7537 Sent from my BlackBerry Handheld. s---- Original Message From: Brian.J.Gross, Sent: 03/13/2009 09:44 am AST To: Sarah Dakigren Subject: Re: Fa: Countexpartice ‘Thanks much, Sarah ~~ : got the attachments and all ... Cne question: Will this “announcement” be just vis the 8K, or w/press release from AIG? Will FRBNY be making any announcement? Just so you know ... My plan Would be to alert select Hill staff at 4:30 pm (or whenever appropriate! that AIG will be filing an amended OK CONFIDENTIAL FRBNY-TOWNS-R3-006894disclosing this information ... Once the document(s) aze filed, I would Like to be in a position to follow up and send then along Does that sound workable to you? Brian Sarah.Dahlgren@ny sfxb.org 03/13/2009 9:22 "Brian Gross" aM Subject Ew: Counterparties I hope the attachment comes through Sarah Dahlgren Senior Vice President Federal Reserve Bank of New York Sent From my BlackBerry Handheld. From: dames & Bergin Sent: 03/13/2009 12:13 aN EDT To: Rich Ashton; Kieran Fallon; April Snyder; Aligon Thro ce: Sarah Dahlgren; Alejandro Laforre; Zachary Taylor; Jane Hennessy Subject: Fw: Counterparties Fyi, attached is AIG's version of a revised @K on MLIII, Nevemtheieedeatt ‘Woutdshave=witheraunsthesconficentialityerequestuenstote. Ke talked to AIS this evening about our poeferencestoc@TSSIGSe"sounterparty nares and amounts ~ per our seniors’ wishes -qbutenobatondsSClesemcranchemname and cusip, which could be prejudicial to the management of the ML IIT portfolio. We would also like to include amount information aggregated by counterparty, not by line itom, to prevent the chance that the market could reyerse engineer om positions. We “a jow to get a conse if this type of redacted filing will be satisfactory to them, he aim is to get the new disclosures filed by end of day tomorrow Sent from my BlackSerry Wireless Handheld From: Sarah Dahlgren Sent: 03/12/2009 07:33 PM EDT Yor James Bergin; Alejandro Laforre; Stephanie Heller; "Ethan Janes! ce: James Hennessy Subject: Fw: Counterparties can you take a look at ~~ and perhaps we should talk in an hour or so? Sarah Dahlgren Senior Vice President CONFIDENTIAL FRBNY~-TOWNS-R3-006895Federal Reserve Bank of New York Office: 212-720-1837 Sent from my BlackSerry Handheld From: "Kelly, Anastasia" [Anastasia.Kelly@aig. com] Sent: 03/12/2009 07:25 EM AST To: Sarah Dahlgren; Janes Hennessy Co: "Shannon, Xathleen@Ny" Subject: FW: Counterparties Sazah and Jim: As we discussed, here are Kathy’s proposed SEC filings. 1 have not xead or reviewed, but I wanted te get it to you promptly. Stasia Kelly Vice Chaicman, Legal, Human Resources, Cozporate Communications and Corporate Affairs 70 Pine Street - 27th Floor Wew York, NY 10270 (212) 770-5426 (212) 425-2175 1 Anastasia. Kelly@aig.com Shannon, Kathleen@ny Sent: Thursday, March 12, 2009 7:16 eM To: Kelly, Anastasia Subject: Counterparties Importance: Kigh Attached are the following: Draft of letter withdrawing the request for confidential treatment, braft 8-K/A including full uncedacted version of the Shortfall Agreement and Schedule thereco Draft 10-K/A amending the Rkhibit Index to include hoth the original 8-K/A (including request for confidential treatment) and the new 8-K/A Usiess you disagree, I an also going to forward these to Bthar/Diego shortly. Please let mo know if you have any quectione [attachment "ny12532-#432395-vi-withdrawal Letter.doc" deleted by Brian J Gross/BOARD/#RS) [attachnen> 'NY12534-#201406-v2-AIG -_8-K A re_Shortfall_Agreement.doo" deleted by Brian J Gross /BOARD/FRs] [actachment "ML ILI Shortfall Agreement and Amendment.pdf" deleted by Brian J Gross/BOARO/FRS) (attachment. "wy12$34~4201402-v3-AIG_~_2008_10-K A re_Exhibit.doc" deleted by Brian J Gross /BORRD/ERS] CONFIDENTIAL FRBNY-TOWNS-R3-006896. Re: Fw: Counterparts commons FFrnsie ae) caine inomecs? 2131 thse tamouncenent” be Ju via che Of, x w/peeee xelaae faa CONFIDENTIAL FRENY-TOWNS-R3-006891ir Saran oenigreny Aejanaro taferea) tachery Tayler! Janes Renn ‘Slap, wostn cous be peejusicial co the management of the ME at] Suogectr rw coevonpartiee Stbyecet countacperticn A steett ote dee by ensita) Ietsccees CONFIDENTIAL -FRENY-TOWNS-R3-006892