On the recordOctober 11, 2011
I think those funds were being used for public purposes. And they have now been diverted to essentially private purposes by building up the capital of the banks.
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congress.govMike Capuano: “I think those funds were being used for public purposes. And they have now been diverted to essentially private purposes…”
Editor's note · Context
Capuano expresses concern over funds meant for public housing being diverted to bank capital.
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