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Tuesday, January 27, 2015 4:11:25 PM
Mr. Williams: “What is Treasury doing with money received from GSE’s?” Mr. Watt: “I don’t know. Treasury uses it as they decide. Should it be used against deficit or general fund, or used to buildup capital in GSE’s?”
That statement is priceless. Watt knows very well what they are doing with the money.
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