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Re: navycmdr post# 318349

Wednesday, 10/21/2015 11:23:15 AM

Wednesday, October 21, 2015 11:23:15 AM

Post# of 796375
It seems as though TSY is taking the stance that they're giving the GSEs an unlimited lifeline that they don't need in exchange for perpetual profits just in case they may need to make a draw at a future time. They seem to think there's no limit to the amount of money they can sweep because their intention is to keep the checkbook open even if they never need it again.