07/16/2013
https://www.congress.gov...
"But anyway, if we did that, what would you envision, seriously, to leverage with 50? Could you leverage it 10 times or 5 times?"
"I fear that the bank will simply be a new GSE or something like it and we will face another Fannie and Freddie-type entity that will cost the taxpayers money down the road."
"How do you remove politics from it?"
"The example Senator Kerry used of Fall River, Massachusetts, if they are going to do a water upgrade, some portion of that is going to be paid by the local ratepayers."