Carl Levin actually said...

"But you never heard from a bank that they really would prefer you to remove somebody, it is just not working out well with that person?"

"Whenever S&P made a criteria change to its RMBS model and that change was more conservative than the previous model, did S&P retest the old deals to see if their structure still passed for rating purp..."

"So that you felt Standard and Poor's should downgrade subprime, significantly."

"And should?"