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Investor Presentaiton

USD T $3 $4 $5 $6 $7 $8 $9 T T Louisiana Tax Revenues Based on Pre-Katrina Payroll $1 billion below prediction 1990 1995 2000 2005 2010 2015 Year Tax Revenues Deviation from Prediction Louisiana Payroll Payroll in tens of billions of USD. Revenues in billions of USD. Recession dates shown with vertical lines. -1 0 1 Deviation (Billions USD) 2
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