Jungen admitted that the backdated letter was created to falsely indicate that more than 90 days written notice was given to CSMC for liquidation of participation pool P-55 for certain investors, according to court documents.
Early in design, evidence-based design (EBD) strategies were introduced to the clinic staff and CSMC as a framework to inform how design strategies could be utilized and adapted to meet the CTC's needs.
Some CSMC implementation activities have included assisting in drafting the Colorado Medicaid State Plan Amendment and subsequent revisions; contributing to development of contracts between HCPF and school districts as well as the MOU between HCPF and CDE; providing feedback to the rules for school health and related services; participating in establishment of provider qualifications and identifying staff who meet those qualifications; developing written materials on the scope of services to be used in training local school district staff around the state; developing forms and procedures to document the delivery of services; developing software systems as a management tool for districts specific to Colorado; and providing technical assistance for the entire state.
Limited Protection from CS Representations and Warranties (R&W) Backstop: While the transaction benefits from notable rep and warranty improvements relative to the CSMC 2012-CIM3 transaction issued last year, Fitch believes that the backstop being provided by Credit Suisse (CS) is weaker relative to those provided in other Fitch rated post-crisis RMBS transactions due to the inclusion of a 36-month sunset on a number of provisions and the conditional clauses in the breach definition.
Terms of the directive were not disclosed, but the disbarment stems from the March 2009 state conservatorship of Prime Financial, which numbered among nearly two dozen small Wisconsin and Illinois CUs that suffered mortgage loan losses in the 2009 collapse of CSMC, one of the early CU victims of the economic recession.