Carl Levin actually said...

How long it took the regulators to figure out what was going on in the Flash Crash is a direct result of the fragmentation of regulation.

Levin points out that regulatory fragmentation delayed understanding of the Flash Crash.

12/07/2010

More Carl Levin Quotes

Seventy-two days out of 700 days. Is that correct?

It is a significant factor in all our transfer pricing policies, cost sharing or not.

Must they be made within those windows?

And so your analogy does not relate to the U.S. tax reality. It relates to a theoretical reality.