HongKong ShanghaiInvestment Group (HSBC) ultimate parent in China uses \'Wells Fargo\' for over a decade extracting and compacting the economy of the USA in secret. Wells Fargo sells all consumer home mortgages in secret to franchies and controls over 80% of the real estate industry (wholesale - middle market - retail) causing substantive harm to the nation and citizens. A conspiracy for in secret Warburg and York private fund managers for over a decade using the SEC to re-engineer relationships under jurisidction of Federal Reserve and Congress remains unfair to the people for Congress is allowed to benefit from insider trading!

1. WFC HOLDINGS CORP SAVE AMERICA ONE MORTGAGE AT A TIME BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved Wells Fargo & Co 1

2. WELLS FARGO COMPANY 11/17/1998 Legal Status WFC HOLDINGS CORPORATION Private Managers (Warburg) (York) 4/14/2003 Formerly Jerboa Funding LLC 2007 Thirty-Eight Hundred Fund 0001422064 2 BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 6/4/2010

3. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved WFC HOLDINGS CORPORATION 3 11/1998 ‘WFC’ Wells Fargo Bank Mortgage & U.S. Banc/DE (merger) Vertical Integration – Ultimate parent HSBC China Hongkong Shanghai Investment Group not USA Co

5. 802 employees as of 23 April 2009

6. Key business areas:

7. Personal Financial Services

8. Commercial banking

9. Corporate and institutional banking Bitterroot Conspiracy© 4 6/4/2010

10. 1. Financial Rape BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved H O P E N O W When you lose lots of money against your will or unexpectedly. 2. Financial rape It is when somebody or someone takes advantage of your money when they know that you have it. WHO SERVED & OBSCURED CLEAR PERCEPTION AND DISCERNMENT 5 6/4/2010

11. FFEIC DATABASE WFC HOLDINGS CORP (0000105598) SIC: 6021 - National Commercial BanksState location: CA | State of Inc.: DE | Fiscal Year End: 1231 formerly: (until 1998-11-17) WELLS FARGO & CO Business Address420 MONTGOMERY STSAN FRANCISCO CA 94163 8004114932 Mailing Address343 SANSOME ST 3RD FLWELLS FARGO BANKSAN FRANCISCO CA 94163 Ownership Reports for Issuers: (Click on issuer name to see other owners for the issuer, or CIK for issuer filings.) BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 6 6/4/2010

12. WFC Holdings Corporation (“WFC Holdings”), a Delaware corporation with its principal offices at 420 Montgomery St., San Francisco , CA 94163 Deemed a control person of the Fund by its direct ownership of a majority of the outstanding shares of Wells Fargo Bank. Wells Fargo, a Delaware corporation with its principal offices at 420 Montgomery St., San Francisco , CA 94163 Deemed a control person of the Fund by its direct ownership of 100% of WFC Holdings and its ownership, directly or indirectly, of 100% of Wells Fargo Bank. Source: Thirty Eight Hundred Fund LLC · 'N-2' BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 7 6/4/2010

13. Bitterroot Asset Management, Inc.Control Person of the Fund (“Bitterroot”), a Cayman Islands exempted company with its principal offices at 3800 Howard Hughes Parkway, Suite 900, Las Vegas, Nevada89169-0925 Deemed a control person of the Fund by its direct ownership of 100% of the Feeder Fund. IntraWest Asset Management, Inc. (“IntraWest”), a Delaware corporation with its principal offices at 3800 Howard Hughes Parkway, Suite 900, Las Vegas, Nevada89169-0925, is deemed a control person of the Fund by its direct ownership of 100% of Bitterroot. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 8 6/4/2010

14. Feeder Fund and Wells Fargo. The Feeder Fund, a Cayman Islands exempted company with its principal offices at 3800 Howard Hughes Parkway, Suite 900, Las Vegas, Nevada89169-0925, is deemed a control person of the Fund by virtue of its ownership of 100% of the Common Shares. In turn, all of the Common Shares are ultimately indirectly beneficially owned through various entities controlled by Wells Fargo & Company (previously defined as Wells Fargo), a Delaware corporation. Wells Fargo is registered as a bank holding company, and financial holding under the Bank Holding Company Act of 1956, as amended BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 9 6/4/2010

15. Wells Fargo Bank, National Association (“Wells Fargo Bank”) A national banking association organized under the laws of the United States Principal offices located at 101 North Phillips Street, Sioux Falls , SD 57104 Deemed a control person of the Fund by its direct ownership of 100% of Iris. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 10 6/4/2010

16. Wells Fargo-related entities interposed between Feeder Fund & Wells Fargo Violet Asset Management, Inc. (“Violet”), a Delaware corporation with its principal offices at 3800 Howard Hughes Parkway, Suite 900, Las Vegas, Nevada89169-0925, is deemed a control person of the Fund by its direct ownership of 100% of IntraWest. Pelican Asset Management, Inc. (“Pelican”), a Delaware corporation with its principal offices at 3800 Howard Hughes Parkway, Suite 900, Las Vegas, Nevada89169-0925, is deemed a control person of the Fund by its direct ownership of 100% of Violet. Iris Asset Management, Inc. (“Iris”), a Delaware corporation with its principal offices at 3800 Howard Hughes Parkway, Suite 900, Las Vegas, Nevada89169-0925, is deemed a control person of the Fund by its direct ownership of 100% of Pelican. Wells Fargo Bank, National Association (“Wells Fargo Bank”), a national banking association organized under the laws of the United States with its principal offices at 101 North Phillips Street, Sioux Falls, SD57104, is deemed a control person of the Fund by its direct ownership of 100% of Iris. WFC Holdings Corporation (“WFC Holdings”), a Delaware corporation with its principal offices at 420 Montgomery St., San Francisco, CA94163, is deemed a control person of the Fund by its direct ownership of a majority of the outstanding shares of Wells Fargo Bank. Wells Fargo, a Delaware corporation with its principal offices at 420 Montgomery St., San Francisco, CA94163, is deemed a control person of the Fund by its direct ownership of 100% of WFC Holdings and its ownership, directly or indirectly, of 100% of Wells Fargo Bank. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 11 6/4/2010

17. NUMBER OF HOLDERS OF SECURITIES AS OF MARCH 26, 2008 Number of Record Holders (1) The accounts, books or other documents required to be maintained by Section 31(a) of the 1940 Act, and the rules promulgated there under, are kept at the offices of the Registrant, 3800 Howard Hughes Parkway, Suite 900, Las Vegas, Nevada89169-0925, at the offices of its chief compliance officer at Two Portland Square, Portland, Maine04101 and at the offices of its custodian, transfer agent, administrator and fund accountant at 101 Barclay Street, 13th Floor, New York, New York10286. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 12 6/4/2010

18. chief compliance officer BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 13 6/4/2010

19. The Fund may directly originate senior loans and secured loans When the Fund acts as a primary lender, it will have a direct contractual relationship with the borrower, may participate in structuring the senior or secured loans, may enforce compliance by the borrower with the terms of the loan agreement and may, under contractual arrangements among the lenders, have rights with respect to any funds acquired by other lenders through set-off. As a lender, it will also have full voting and consent rights under the applicable loan agreement. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 14 6/4/2010

20. custodian, transfer agent Administrator Fund Accountant 101 Barclay Street 13th Floor New York, New York10286. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 15 6/4/2010

21. Wells Fargo is registered as a bank holding company and financial holding company under the Bank Holding Company Act of 1956, as amended. Mr. York and Mr. Wahlberg also receive compensation from Wells Fargo and other Wells Fargo-related entities Agreement Investment advisory services are provided to the Fund by Wells Capital Management Incorporated (the “Investment Adviser”), an indirect wholly own subsidiary of Wells Fargo, pursuant to an Investment Management Agreement (the “Advisory Agreement”), subject to the oversight of the Fund and the Fund’s Board of Directors The Principal Financial Officer is an affiliate of the Distributor due to his ownership in the Distributor. Wells Fargo has agreed to pay the tax liability for the period December 28, 2007 through December 31, 2007 which amounted to $8,475, after giving effect to $60,388 of non-deductible expenses. This amount was recorded as a payment by affiliate on the statement of operations BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 16 6/4/2010

22. Jerboa Funding LLC morphed Under Laws of Delaware on 4/15/2003 Formed as a limited liability company under the laws of the State of Delaware. December 28, 2007 Jerboa Funding LLC changed its legal name to Thirty-Eight Hundred Fund, LLC (12/19/07 – 4/14/03 Jerboa Funding, LLC had a separate SEC status for prior to registrationunder the 1940 Act liquidated its addets to cash and transferred all of its liabilities to a related entity. Is an indirectly owned subsidiary of Wells Fargo BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 17 6/4/2010

23. CERTIFICATE OF FORMATION OF JERBOA FUNDING, LLC 4-14-2003 This Certificate of Formation of Jerboa Funding, LLC (the “Company”), dated as of April 14, 2003, is being duly executed and filed by Diana Lea-Kahle, as an authorized person, to form a limited liability company under the Delaware Limited Liability Company Act (6 Del. C. §18-101, et seq.). 1. The name of the limited liability company formed hereby is Jerboa Funding LLC. 2. The address of the Company’s registered office in the State of Delaware is c/o Corporation Service Company, 2711 Centerville Road, Suite 400, Wilmington, DE19808. The name of the Company’s registered agent for service of process at such address is Corporation Service Company. IN WITNESS WHEREOF, the undersigned has executed this Certificate of Formation of Jerboa Funding, LLC. /s/ Diana Lea-KahleDiana Lea-Kahle State of Delaware Secretary of State Division of Corporations Delivered 09:44 AM 04/15/2003 FILED 09:30 AM 04/15/2003 SRV 030245727 – 3647579 FILE BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 18 6/4/2010

24. SEC CERTIFICATE OF FORMATION OF JERBOA FUNDING, LLC 12-19-07 This Certificate of Amendment to Certificate of Formation of Jerboa Funding, LLC, a Delaware limited liability company (the “LLC”), dated as of December 19, 2007, has been duly executed and is being filed by the undersigned, as an authorized person of the LLC, in accordance with the provisions of 6 Del. C. §§ 18-202 and 18-204, to amend the original Certificate of Formation of the LLC, which was filed with the Secretary of State of the State of Delaware on April 15, 2003 (the “Certificate of Formation”), to form a limited liability company under the Delaware Limited Liability Company Act (6 Del. C. §§ 18-101, et seq.). 1. Name: The name of the limited liability company is Jerboa Funding, LLC. 2. Amendment. The Certificate of Formation is hereby amended by changing the name of the LLC to “The Thirty-Eight Hundred Fund, LLC”. IN WITNESS WHEREOF, the undersigned has executed this Certificate of Amendment to Certificate of Formation as of the date first-above written. By: /s/ Joseph R. York Name: Joseph R. York Title: Authorized Person State of Delaware Secretary of State Division of Corporations Delivered 03:51 PM 12/20/2007 FILED 03:51 PM 12/20/2007 SRV 071349083 – 3647579 FILE BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 19 6/4/2010

25. Delaware PAGE 1 The First State I, HARRIET SMITH WINDSOR, SECRETARY OF STATE OF THE STATE OF DELAWARE, DO HEREBY CERTIFY THE ATTACHED IS A TRUE AND CORRECT COPY OF THE CERTIFICATE OF AMENDMENT OF “JERBOA FUNDING, LLC”, CHANGING ITS NAME FROM “JERBOA FUNDING, LLC” TO “THE THIRTY—EIGHT HUNDRED FUND, LLC”, FILED IN THIS OFFICE ON THE TWENTIETH DAY OF DECEMBER, A.D. 2007, AT 3:51 O’CLOCK P.M. /s/ Harriet Smith WindsorHarriet Smith Windsor, Secretary of State 3647579 8100 071349083 You may verify this certificate online at corp.delaware.gov/authver.shtml [SEAL] AUTHENTICATION: 6260974 DATE: 12-21-07 BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 20 6/4/2010

26. 2007-08-03 STRUCTURED ASSET INVESTMENT NOTES LLC located at CHARLOTTE, NC was established as a Domestic Entity Other. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 21 6/4/2010

27. 12/28/07 InvestmentCompany Act of 1940 (the “1940 Act”) as a non-diversified, closed-end management investment company. Prior to registration under the 1940 Act, the Fund liquidated its assets to cash and transferred all of its liabilities to a related entity. From April 15, 2003 through December 28, 2007, the Fund operated as a private investment pool. Fund changed its name and filed a registration statement under the Investment Company Act of 1940 (the “1940 Act”) as a non-diversified, closed-end management investment company. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 22 6/4/2010

28. Thirty-Eight Hundred Investments Limited (“Common Shareholder”) an indirectly wholly owned subsidiary of Wells Fargo & Company (“Wells Fargo” Delaware corporation. Wells Fargo is registered as a bank holding company and financial holding company under the Bank Holding Company Act of 1956, as amended. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 23 6/4/2010

29. WELLS FARGO & COMPANY (OLD) WFC HOLDINGS CORP (NEW) Private Managers (Warburg) (York)Thirty-Eight Hundred Fund 0001422064Formerly Jerboa Funding LLCRenamed 2007-12-28 10 percent owner BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 24 6/4/2010

31. Hong Kong Shanghai BankingCorporation Group BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 26 6/4/2010

32. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved Wells Fargo & Co Did John Stumpf lie in his “Testimony” before Congress 2/11/2009? Were his comments intended to deceive reasonable people? For the past decade did the foreign organization promoted Wells Fargo as a safe American Company. Has the FTC taken any measures to protect Consumers from Wells Fargo placing into the public domain for consume rconsumption products for sale vi the internet Why did Wells Fargo do all of the ‘Mortgage Corporation’ transactions in secret? Why did Wells Fargo do all fo the ‘Mortgage Corporation’ consumer home mortgage transactions in Security and Exchange Contradts with other Foreign Banks and Foreign Organizations? even through the actual business transactions all done on the SEC side contractually between foregin banks and foreign organizations and foreign wholly-owned subsidiaries, subsidiaries, affiliates show the exact opposite. Wells Fargo is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance across North America and internationally. The Feeder Fund and Wells Fargo, as a result of its indirect ownership of the Common Shares, effectively will be able to exert influence over the Fund’s management and policies and control all of the votes requiring shareholder approval. Bitterroot Asset Securities Corp private funding (formerally Jerboa Subsidiaries) are responsible Jeroba Subsidiaries (ThirtyEight Hundred Corp) 2006 Listing of Parents Subsidiaries attached. 27 6/4/2010

33. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved Thirty-Eight Hundred Fund 28 6/4/2010

34. Securities Broker/Dealer “SBD” And/Or Domestic Other Entity “DOE” 1185 --* WELLS FARGO ASSET SECURITIES CORPORATION (2495208) 922 DES MOINES IA DEO 21--* WELLS FARGO BROKERAGE SERVICES, LLC (2920867) 15 MINNEAPOLIS MN SBD 22 --* WELLS FARGO INVESTMENTS, LLC (2949233) 15 SAN FRANCISCO CA 27 --* WELLS FARGO FUNDS DISTRIBUTOR, LLC (3349483) 15 SAN FRANCISCO CA 265 --* H.D. VEST INVESTMENT SECURITIES, INC. (3043334) 263 IRVING TX SBD 474 ---* WELLS FARGO ASSET SECURITIES CORPORATION (2495208) 285 DES MOINES IA DEO 536 -------* WELLS FARGO SECURITIES, LLC (2983367) 534 SAN FRANCISCO CA SBD 744 ----* WELLS FARGO ASSET SECURITIES CORPORATION (2495208) 555 DES MOINES IA DEO 806 --------* WELLS FARGO SECURITIES, LLC (2983367) 804 SAN FRANCISCO CA SBD 964 ------* WELLS FARGO SECURITIES, LLC (2983367) 962 SAN FRANCISCO CA SBD 1185 --* WELLS FARGO ASSET SECURITIES CORPORATION (2495208) 922 DES MOINES IA DEO 871 ---* WELLS FARGO INSTITUTIONAL SECURITIES, LLC (3015993) 870 MINNEAPOLIS MN DEO BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 29 6/4/2010

35. Securities Broker/Dealer “SBD” Domestic Other Entity “DOE” 311 ---* AMERICAN SECURITIES COMPANY (1348651) 285 SAN FRANCISCOCA DEO 543 ---* AMERICAN SECURITIES COMPANY OF MISSOURI (3076293) 285 SAN FRANCISCO CA DEO 547 ---* AMERICAN SECURITIES COMPANY OF UTAH (3379891) 285 SAN FRANCISCO CA DEO 475 ---* AMERICAN SECURITIES COMPANY OF NEVADA (2525329) 285 SAN FRANCISCO CA DEO 581 ----* AMERICAN SECURITIES COMPANY (1348651) 555 SAN FRANCISCO CA DEO 745 ----* AMERICAN SECURITIES COMPANY OF NEVADA (2525329) 555 SAN FRANCISCO CA DEO 813 ----* AMERICAN SECURITIES COMPANY OF MISSOURI (3076293) 555 SAN FRANCISCO CA DEO 817 ----* AMERICAN SECURITIES COMPANY OF UTAH (3379891) 555 SAN FRANCISCO CA DEO 925 --* AMERICAN SECURITIES COMPANY (1348651) 922 SAN FRANCISCO CA DEO 952 --* AMERICAN SECURITIES COMPANY OF UTAH (3379891) 922 SAN FRANCISCO CA DEO 1006 --* AMERICAN SECURITIES COMPANY OF MISSOURI (3076293) 922 SAN FRANCISCO CA DEO 1008 --* AMERICAN SECURITIES COMPANY OF NEVADA (2525329) 922 SAN FRANCISCO CA DEO BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 30 6/4/2010

36. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 31 6/4/2010

37. STRUCTURED ASSET SECURITY CORP 27 TW FORTIS BANK BR GEBATWTP BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 32 6/4/2010

38. FFEIC PARENTS WELLS FARGO & COMPANY SHANCOM RECONSTRUCTION, INC. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 33 6/4/2010

39. SHANCOM RECONSTRUCTION, INC. (2151401) As of 12/31/2006 * SHANCOM RECONSTRUCTION, INC. (2151401) MONROVIA LIBERIA Foreign Banking Organization 2 -* EMPRESA INVERSIONES GENERALES, S.A. (2151399) 1 PANAMA CITY PANAMA Foreign Banking Organization 3 --* SHANGHAI COMMERCIAL BANK LIMITED (1242535) 2 HONG KONG HONG KONG Foreign Banking Organization 4 -* KRINEIN COMPANY (2151308) 1 GEORGE TOWN CAYMAN ISLANDS Foreign Entity Other 5 --* + SHANGHAI COMMERCIAL BANK LIMITED (1242535) 4 HONG KONG HONG KONG Foreign Banking Organization BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 34 6/4/2010

40. WELLS FARGO HSBC TRADE BANK, NATIONAL ASSOCIATION (2332808) 1995-10-05 WELLS FARGO HSBC TRADE BANK, NATIONAL ASSOCIATION located at 525 MARKET STREET, SAN FRANCISCO, CA was established as a National Bank. Foreign Organization domiciled in USA handing legal status as a National Bank BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 35 6/4/2010

41. 455 ----* PEAK HOME MORTGAGE, LLC (3357518) 313 OCEAN NJ Domestic Entity Other 654 -----* PEAK HOME MORTGAGE, LLC (3357518) 583 OCEAN NJ Domestic Entity Other 1141 ---* PEAK HOME MORTGAGE, LLC (3357518) 1024 OCEAN NJ Domestic Entity Other BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 36 6/4/2010

42. SHANGHAI COMMERCIAL BANK LIMITED 288 ---* + (1242535) 285 HONG KONG HONG KONG F o r e i g n B a n k i n SHANGHAI COMMERCIAL BANK LIMITED 12 QUEEN'S ROAD, CENTRAL HONG KONG, HONG KONG Institution Type: Foreign Banking Organization Primary Federal Regulator: Insurance: NOT APPLICABLE, NOT AVAILABLE, NOT INSURED RSSD ID: 1242535 FDIC Certificate #: 0 Routing Transit Number (RTN): 000000000 Activity: COMMERCIAL BANKING BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 37 6/4/2010

43. SHANGHAI COMMERCIAL BANK LIMITED Historical Event 1959-12-31 SHANGHAI COMMERCIAL BANK LIMITED located at 12 QUEEN'S ROAD, CENTRAL, HONG KONG, 0, HONG KONG was established as a Foreign Bank. 1978-09-17 SHANGHAI COMMERCIAL BANK LIMITED changed from Foreign Bank to Foreign Banking Organization. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 38 6/4/2010

44. SHANGHAI COMMERCIAL BANK LIMITED (1242535) SHANGHAI CMRL BK LA BR (1869352) 383 EAST VALLEY BOULEVARD, ALHAMBRA, CA 91801 SHANGHAI CMRL BK NY BR (64217) 125 EAST 56TH STREET, NEW YORK, NY 10022 SHANGHAI CMRL BK SF BR (748665) 231 SANSOME STREET, SAN FRANCISCO, CA 94104 BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 39 6/4/2010

45. WELLS FARGO HSBC TRADE BANK, NATIONAL ASSOCIATION (2332808) 2003-07-28 WELLS FARGO HSBC TRADE BANK, NATIONAL ASSOCIATION moved to ONE FRONT STREET, 20TH FLOOR SAN FRANCISCO, CA. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 40 6/4/2010

46. WELLS FARGO HSBC TRADE BANK, NATIONAL ASSOCIATION (2332808) 2010-05-10 WELLS FARGO HSBC TRADE BANK, NATIONAL ASSOCIATION was acquired by WELLS FARGO BANK, NATIONAL ASSOCIATION. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 41 6/4/2010

47. Wholesale Institution An institution this is not in the business of extending home mortgage, small-business, small-farm pr consumer loans to retail customers and for whichas designation as a wholesale bank is in effect. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 42 6/4/2010

48. Branch(es) of WELLS FARGO BANK, NATIONAL ASSOCIATION (451965) JERSEY CITY DOWNTOWN BR (509204) 101 HUDSON ST, JERSEY CITY, NJ 07302 JERSEY CITY JOURNAL SQ BR (542108) 40 JOURNAL SQUARE, JERSEY CITY, NJ 07306 JERSEY CITY NEWPORT BR (3316609) 145 THOMAS GANGEMI DRIVE, JERSEY CITY, NJ 07310 BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 43 6/4/2010

50. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved Hong Kong Shanghai Banking Corporation Group BITTERROOT CONSPIRACY 45 6/4/2010

51. Tri-State Holdings BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 46 6/4/2010

53. Wells Fargo & Company owns 60% of Trade Bank and HSBC

54. owns 40%. Trade Bank is headquartered in San Francisco, California, with branch offices

55. in Los Angeles and San Francisco.

56. The bank also has loan production offices in Phoenix,

57. Arizona; El Monte and Fresno, California; Denver, Colorado; Minneapolis, Minnesota;

58. Portland, Oregon; Dallas, Fort Worth, Houston, and San Antonio, Texas; and Seattle,

59. Washington. The bank does not accept traditional retail or commercial deposits.

60. The WFC and HSBC rank among the largest institutions in their respective arenas. WFC

61. is the seventh largest bank holding company in the United States, with consolidated total

62. assets of $222 billion as of March 31, 2000. WFC conducts business through nearly 3,000

63. offices and 6,000 ATM’s located in 21 states. HSBC is one of the world’s largest

64. international banking and financial service organizations, with major commercial and

65. investment banking operations in more than 79 countries.

66. Charter Number 22897BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 47 6/4/2010

67. On January 1, 1996, Trade Bank received approval from the Office of the Comptroller of the Currency for designation as a wholesale bank under the CRA. The bank is devoted to international trade finance and international banking services. Its primary customers are middle-market companies that import, export or have overseas operations. Trade Bank offers letters of credit, collection services, various loan products of the Export-Import Bank of the United States, California Export Finance Office loans, loans against imports, and other commercial loan products tied to international trade finance. Funding is provided by borrowings and the deposits of affiliated financial institutions. Trade Bank reported total assets of $673 million, total loans of $645 million, and net tier one capital of $75 million as of March 31, 2000. There do not appear to be any legal, financial, or other factors impeding the bank’s ability to meet the needs of its assessment areas. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 48 6/4/2010

68. THE HONGKONG AND SHANGHAI BANKING CORPORATION (HSBC) LTD http://www.hsbc.com.bd/1/PA_1_1_S5/content/DAK2/attachments/factsheet-bd.pdf BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 49 6/4/2010

69. Jerboa Funding, LLC The Fund was formed on April 15, 2003 as Jerboa Funding, LLC. From its formation through December 28, 2007 , the Fund operated as a private investment pool. The Fund The Thirty-Eight Hundred Fund, LLC (“the Fund”), (previously Jerboa Funding, LLC) was formed as a limited liability company under the laws of the State of Delaware on April 15, 2003 BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 50 6/4/2010

70. Wells Fargo & Company (“Wells Fargo”). The Fund currently has one direct beneficial owner, Thirty-Eight Hundred Investments Limited (the “Feeder Fund”), a Cayman Islands exempted company, that owns all of the outstanding Common Shares, which were acquired prior to the registration of the Fund under the 1940 Act. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 51 6/4/2010

71. Wells Fargo An “exempted” company is a company incorporated under the laws of the Cayman Islands but exempted from paying tax to the Cayman Islands Government. The Feeder Fund may from time to time make additional capital contributions to the Fund without receiving additional Common Shares. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 52 6/4/2010

72. North America & Internationally Wells Fargo is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance across North America and internationally. The Feeder Fund and Wells Fargo, as a result of its indirect ownership of the Common Shares, effectively will be able to exert influence over the Fund’s management and policies and control all of the votes requiring shareholder approval. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 53 6/4/2010

73. The Thirty-Eight Hundred Fund, LLC DE Limited liability company (the “Company”) The Company is a closed-end investment company registered under the Investment Company Act of 1940. Principal executive offices: 3800 Howard Hughes Parkway, Suite 900, Las Vegas, Nevada89169. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 54 6/4/2010

74. The Thirty-Eight Hundred Fund, LLC December 28, 2007 Joseph R. York President and Chief Executive Officer Thirty-Eight Hundred Investments Limited 3800 Howard Hughes Parkway Las Vegas, NV89169-0925 Telephone Number: (702) 791-6346 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 55 6/4/2010

75. Wells Fargo Capital Management The Feeder Fund and Wells Fargo Capital Management Incorporated, located at 525 Market Street, 10 th Floor, San Francisco , CA 94105 , serves as the Fund’s investment adviser. Wells Fargo will be able to exert influence over the Fund’s management and policies and control all of the votes requiring shareholder approval BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 56 6/4/2010

76. Title Resource Group The Investment Adviser is a registered investment adviser and a wholly owned subsidiary of Wells Fargo Bank, N.A., which is wholly owned by Wells Fargo & Company, a diversified financial services company. The Investment Adviser was created in 1996 from existing institutional businesses whose investment management teams have been in place since 1987. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 57 6/4/2010

77. Wells Fargo In turn, all of the Common Shares are ultimately indirectly beneficially owned through various controlled entities by Wells Fargo & Company (previously defined as Wells Fargo), a Delaware corporation with its principal offices at 420 Montgomery Street, San Francisco , California 94163 . Wells Fargo is registered as a bank holding company and financial holding company under the Bank Holding Company Act of 1956 BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 58 6/4/2010

78. Jerboa Funding LLC Renamed toThirty-Eight Hundred Fund LTD & LLC Fund by its direct ownership of 100% of IntraWest. Pelican Asset Management, Inc. (“Pelican”), a Delaware corporation with its principal offices at 3800 Howard Hughes Parkway, Suite 900, Las Vegas, Nevada89169-0925, is deemed a control person of the Fund by its direct ownership of 100% of Violet. Iris Asset Management, Inc. (“Iris”), a Delaware corporation with its principal offices at 3800 Howard Hughes Parkway, Suite 900, Las Vegas, Nevada89169-0925, is deemed a control person of the Fund by its direct ownership of 100% of Pelican. Wells Fargo Bank, National Association (“Wells Fargo Bank”), a national banking association organized under the laws of the United States with its principal offices at 101 North Phillips Street, Sioux Falls, SD57104, is deemed a control person of the Fund by its direct ownership of 100% of Iris. WFC Holdings Corporation (“WFC Holdings”), a Delaware corporation with its principal offices at 420 Montgomery St., San Francisco, CA94163, is deemed a control person of the Fund by its direct ownership of a majority of the outstanding shares of Wells Fargo Bank. Wells Fargo, a Delaware corporation with its principal offices at 420 Montgomery St., San Francisco, CA94163, is deemed a control person of the Fund by its direct ownership of 100% of WFC Holdings and its ownership, directly or indirectly, of 100% of Wells Fargo Bank. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 59 6/4/2010

79. FIRST INTERSTATE BANCORP (1023538) 1996-04-01 The acquired institution sold its assets to the acquiring institution. WELLS FARGO CAPITAL MARKET, INC. (1027385) 1992-08-01 The acquired institution sold its assets to the acquiring institution. WELLS FARGO COMPANY (DELAWARE) (1348820) 1987-06-30 The acquired institution sold its assets to the acquiring institution. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 60 6/4/2010

80. LEVY BANCORP (1026799) 1995-02-01 The acquired institution sold its assets to the acquiring institution. SAN DIEGO FINANCIAL CORPORATION (1024450) 1994-03-19 The acquired institution sold its assets to the acquiring institution. CAL REP BANCORP, INC. (1030910) 1993-12-11 The acquired institution sold its assets to the acquiring institution. FIRST INTERSTATE BANCORP OF TEXAS, INC. (1247437) 1993-06-24 The acquired institution sold its assets to the acquiring institution. FIRST INTERSTATE EQUITIES CORPORATION (1023761) 1991-01-01 The acquired institution sold its assets to the acquiring institution. FIRST INTERSTATE SERVICES COMPANY (1023583) BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 61 6/4/2010

81. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 62 6/4/2010

82. 1988-01-29 FIRST INTERSTATE BANCORP OF TEXAS, INC. located at 1000 LOUISIANA, HOUSTON, TX was established as a Bank Holding Company. 1993-04-17 FIRST INTERSTATE BANCORP OF TEXAS, INC. changed from Bank Holding Company to Domestic Entity Other. 1993-06-24 FIRST INTERSTATE BANCORP OF TEXAS, INC. was acquired by FIRST INTERSTATE BANCORP. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 63 6/4/2010

83. 1972-04-11 WESTERN BANCORP COMPUTER SERVICES CORP located at EL SEGUNDO, CA was established as a Data Processing Servicer. 1974-12-31 WESTERN BANCORP COMPUTER SERVICES CORP was renamed to WESTERN BANCORP DATA PROCESSING COMPANY. 1979-12-31 WESTERN BANCORP DATA PROCESSING COMPANY moved to TORRANCE, CA. 1981-12-31 WESTERN BANCORP DATA PROCESSING COMPANY was renamed to FIRST INTERSTATE SERVICES COMPANY. 1990-01-01 FIRST INTERSTATE SERVICES COMPANY was acquired by FIRST INTERSTATE BANCORP. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 64 6/4/2010

84. Wells Fargo (TRUSTEE) Wells Fargo Bank, N.A. LENDER division of Wells Fargo Home Mortgage2701 Wells Fargo Way, Minneapolis MN Commercial Mortgage-Asset Backed Securities (CMBS) mers@wellsfargo.com US National Exchange TRG Title Resources Group BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 65 6/4/2010

85. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved Hong Kong Shanghai Banking Corporation Group Hong Kong Shanghai Banking Corporation Group BITTERROOT CONSPIRACY Wells Fargo & Company WFC Holdings Corp Jerboa Funding LLC & Thirty-Eight Hundred Fund Wells Fargo & Company WFC Holdings Corp Jerboa Funding LLC & Thirty-Eight Hundred Fund 66 6/4/2010

86. WELLS FARGO & COMPANY CA (1120754) WELLS FARGO BANK, NATIONAL ASSOC (451965) RELATED FINANCIAL, LLC (3072866) 2582 MIAMI FL Domestic Entity Other WILLIAM PITT MORTGAGE, LLC (3624313) 193 STAMFORD CT WELLS FARGO ASSET SECURITIES CORPORATION (2495208) BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 67 6/4/2010

87. RELATED ASSET ADVISORS More Information » RELATED CERVERA REALTY SERVICES Selling the Best of South Florida More Information » THE RELATED COMPANIES More Information » FORTUNE CONSTRUCTION COMPANY More Information » TRG MANAGEMENT More Information » CONDO LEASE FINDER More Information » BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 68 6/4/2010

88. FFIEC Institution History for RELATED FINANCIAL, LLC Federal Reserve Board home (3072866)3 institution history record(s) found. 2001-11-19 TRG FINANCIAL, LLC located at 2828 CORAL WAY, MIAMI, FL was established as a Domestic Entity Other. 2005-01-01 TRG FINANCIAL, LLC was renamed to RELATED FINANCIAL, LLC. 2008-12-30 Institution is closed. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 69 6/4/2010

89. TRG MANAGEMENT The Related Group was formed in 1979 and is the nation's leading builder of luxury condominiums and one of the country's premier multi-family real estate development firms. A few years later, the Principals formed The Related Management Company which later became TRG Management Company. This subsidiary was created on the premise that a professionally trained, centrally located property management staff can have a significant impact on the long-term operation and appreciation of apartment rental communities.The TRG Team works side-by-side with developers of The Related Group, from the initial conception of each development to ensure a successful real estate investment. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 70 6/4/2010

90. The Related Group MiamiHerald.com: Business — April 10, 2010 Hires Jay Massirman as new director Acquisition efforts in Related's core markets in the Southeast and in select markets nationwide. Massirman was managing director of Rivergate Companies and the Massirman Group, firms he founded in 2007 Read more: http://www.miamiherald.com/2010/04/10/1572593/the-related-group-hires-jay-massirman.html#ixzz0oOPGsm2S BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 71 6/4/2010

91. RELATED FINANCIAL, LLC (3072866) 3 institution history record(s) found.< Previous Page Next > Event Date Historical Event 2001-11-19 TRG FINANCIAL, LLC located at 2828 CORAL WAY, MIAMI, FL was established as a Domestic Entity Other. 2005-01-01 TRG FINANCIAL, LLC was renamed to RELATED FINANCIAL, LLC. 2008-12-30 Institution is closed. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 72 6/4/2010

92. Hongkong Shanghai Banking Corporation LtdWells Fargo Assets Broker/DealersJersey City New Jersey USA Wells Fargo HSBC Trade Bank Structured Asset Security Corp (SUBSIDIARY) BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 73 6/4/2010

93. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 74 6/4/2010

94. RELATED FINANCIAL, LLC (3072866) TRG FINANCIAL, LLC located at 2828 CORAL WAY, MIAMI, FL was established as a Domestic Entity Other. 2005-01-01 TRG FINANCIAL, LLC was renamed to RELATED FINANCIAL, LLC. 2008-12-30 Institution is closed. BITTEROOT CONSPIRACY-SAVE AMERICA ONE MORTGAGE AT A TIME (C) 2010 All Rights Reserved 75 6/4/2010