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Re: None

Tuesday, 03/19/2013 11:57:42 AM

Tuesday, March 19, 2013 11:57:42 AM

Post# of 797218
DeMarco speaking to Congress right now.

Was asked about the profits and said that the agreement with the Government required all profits to go to the US Treasury as dividends and none of it repayed any of the bailout. The US Government retains over $100 bil of liquidation preferrence over private investors and that was not change by how much they paid.