Carl Levin actually said...

The Department of Defense, as are all Federal agencies, is currently operating under a continuing resolution (CR) that expires on March 4, 2011.

Levin discusses the budgetary constraints faced by the Department of Defense.

02/16/2011

More Carl Levin Quotes

You intended to keep short positions in all kinds of transactions we went into today.

You don't acknowledge it is big time. You said it was, what, a small net short.

You shut down all residential mortgage warehouses.

The bubble burst in 2007. We are looking at the causes of that bubble bursting.