Carl Levin actually said...

Now, in May 2012, after the media disclosure of the whale trades, the bank determined the new VaR model was not portraying the SCP's risk accurately.

Levin discusses the bank's failure to accurately assess risk after media disclosures.

03/14/2013

More Carl Levin Quotes

Now, Caterpillar, in its written statement submitted to the Subcommittee, says that even if it were stipulated that the changes made in 1999...

That was its purpose. Right?

You have seen it. But you just never heard it described as a virtual one?

Profits attributable to U.S.-created intangibles should not end up in a jurisdiction without substance.