Carl Levin actually said...

OK, that is what I want to get to, the definition of fraud.

Levin seeks clarification on the definition of fraud as per the report.

08/03/2010

More Carl Levin Quotes

You don't get involved in $3 billion authorizations?

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?