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‘Thanks. think the threat to use the MAC Is a bargaining chip, and we do not see It as a very likely scenario at all, Nevertheless, we need some analysis of that scenario so that we can explain to BAC with some confidence why we think it would be a foolish move and why the regulators will not condone it. My current thinking is that we should have a regulator call without treasury (including though occ and fdic) to work out our joint position, We then need a second call, perhaps with eer stat tan te Het oak ee implications with Treasury. “That all has to happen today, so anything we can do to move the regulators call up a bit would probably be helpful. Depending on how that ees, it might be principals only calling Lewis tonight or tomorrow morning. Talked to Lacker yesterday but have not spoken to Lewis since the call on Friday. BOG-BAC-ML-COGR.00019 S| oe = = A er e aia la i iN i Fela ~ Mime erhiteerbichiy fp ~ la cy « UTE. Sen caves, ie 254 ween. abdifoor ML ovis, Grecank brabern £34 lance Month, Levee; pO 4356.0 54 —> 13,5b\ (Pere, LIES bosses. > abt PZ, Meade grat ~ her (te Yo Tan fit ae ree Bb bliere g Some ah so Lord one is + meh advere ause L! iychuitton to call MHL chee bis ‘hn 80G-BAc-ML-coGRaGO172, The. ~ gure Abert Minter, ot- ML I Hin sated BS, hos 2 fap lili oe bods (et . 2 Cate, CE featrty anrnon at fog Hire) ~ eect paves fase ten . Pb GK vibeloan cbt b bs usconah losses baaed om hd trocensicte Makeuf, Mert Alara ose dn ste We hb ee = Sire Mallee at perrend 7 on + 20 pucks all F dnt belie so whee do cumal #507 Thane. “Hr rt bk Frithg +b ed ar non tle hye Conn LB ara Bich: A fic B00-84c-mL-cocROGDI7S

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