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Answer on Asset Purchases Continued

FED
  • A: In terms of strategy, remains to be seen, have spent a lot of time
    looking at tools we have. We feel current stance is the appropriate one.
    We're, of course, prepared to adjust that stance as appropriate, what we
    deem as appropriate, to better foster achievement of our goals,
    of course.

Q: RE Blackrock, what did you speak to them about in March, April, and May?
  • A: Blackrock is our agent, I don't remember what I would have talked to them
    about. Don't have daily face-to-face interaction. Conflicts managed extremely
    carefully. Conversations would have been about what they're seeing in
    markets, exchanging information.
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