Carl Levin actually said...

"And that your private bankers and managers knew or should have known that the purpose of that referral to the outside advisers was to create the sham corporations."

"You have entered into a Deferred Prosecution Agreement with the United States in which it admitted facts, the bank, that related to past conduct, accepted responsibility for a violation of U.S. law, p..."

"The last discussion I have heard is a unilateral statement on the part of the President of Switzerland or the head of the banking industry in Switzerland saying that you are going to continue Swiss se..."

"Did you understand from that document, which is UBS' own memo, that Baker & McKenzie was telling you that you could do indirectly and knowingly what you could not do directly?"