18 ø(d) TRANSFER OF A PERCENTAGE OF PROFITS.—
19 ¿
20 ø(1) DEPOSITS.—Not less than 20 percent of
21 any profit realized on the sale of each troubled asset
22 purchased under this Act shall be deposited as pro23
vided in paragraph (2).¿
24 ø(2) USE OF DEPOSITS.—Of the amount re25
ferred to in paragraph (1)—¿
22
O:\AYO\AYO08B94.xml [Discussion Draft]
1 ø(A) 65 percent shall be deposited into the
2 Housing Trust Fund established under section
3 1338 of the Federal Housing Enterprises Regu4
latory Reform Act of 1992 (12 U.S.C. 4568);
5 and¿
6 ø(B) 35 percent shall be deposited into the
7 Capital Magnet Fund established under section
8 1339 of that Act (12 U.S.C. 4569).¿
9 ø(3) TRANSFER TO TREASURY.—Revenues of,
10 and proceeds from the sale of troubled assets pur11
chased under this Act, øor from¿ the sale, exercise,
12 or surrender of warrants or senior debt acquired
13 under section ø113¿ shall be paid into the general
14 fund of the Treasury for reduction of the public
15 debt.¿

Why would we put money back into the funds that got us in trouble in the first place. Why not put all profits back into the Treasury to retire debt without going to these other funds???

Like I said. Can't they do what's right and not line pockets?

Government do whats right? Never.