Carl Levin actually said...

Today's hearing will examine the money-laundering, drug-trafficking, and terrorist-financing risks created in the United States...

Levin outlines the focus of the hearing on financial risks from global banks.

07/16/2012

More Carl Levin Quotes

The reason that Option ARM loans were selected is because they were most likely to go delinquent.

Did they know, were they informed that loans with those or some of those characteristics had a greater propensity towards delinquency in WaM...

You say you adopted this shift to high-risk strategy in 2004 and 2005. Is that correct?

Did that surprise you? Did that trouble you, that suddenly delinquencies hit very hard?