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Thanks for the clarification. A good accountant should know. But, for the purposes of their dealing with the fruits of QE, how large can their operating expenses be? I guess they could write off the costs of contributions/bribes.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Mar 14th, 2016 at 04:21:11 PM EST
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