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Correspondence · Aug. 15, 2007

R. Alexander Acosta letter to Bear Stearns counsel enclosing grand jury subpoena, Aug 2007

U.S. Attorney R. Alexander Acosta transmits a grand jury subpoena to Bear Stearns' records custodian via its attorney, discussing witness testimony and certification.Machine-written summary

U.S. Department of Justice

United States Attorney

Southern District of Florida

500 South Australian Ave., Suite 400

West Palm Beach, FL 33401

Facsimile:

August 15, 2007

VIA FACSIMILE

Dennis Block, Esq.

Cadwalader, Wickersham & Taft LLP

One World Financial Center

New York, NY 10281

Re: Subpoena to Bear Stearns Companies, Inc.

Dear Dennis:

As we discussed earlier today, I have attached a grand jury subpoena addressed to the Custodian of Records for Bear Stearns Companies, Inc. I have addressed the subpoena to the parent corporation, Bear Stearns Companies, but it is meant to include the subsidiary Bear, Stearns & Co., Inc. If you would like a separate subpoena for that entity, please let me know.

The subpoena calls for the presence of a witness before the grand jury, but if the Custodian of Records completes the attached records certification, his or her testimony will not be required.

Thank you for your assistance with this matter, and if you have any questions or concerns, please do not hesitate to contact me.

Sincerely,

R. Alexander Acosta

United States Attorney

By:

cc: Special Agen l, F.B.I.

Assistant United States Attorney

EFTA00189873