Political Quotes

Carl Levin: “Now, specialty lending is what Washington Mutual called its subprime operations after it abolished Long Beach as a…”

On the recordApril 12, 2010
Now, specialty lending is what Washington Mutual called its subprime operations after it abolished Long Beach as a separate entity and took over the subprime lending function itself, right?
Said by
Carl Levin
Democratic · Michigan

Editor's note · Context

Levin clarifies the terminology used by Washington Mutual regarding subprime lending.

Share

More from Carl Levin

Jan 10, 2020

I am prepared to close, and I yield myself such time as I may consume. Mr. Chair, while people may have all kinds of opinions on the underlying issue, this amendment is simply about sunshine. It simply is about good government: Will our…

govinfo.gov
Jan 10, 2020

May I inquire how much time I have remaining. The Acting CHAIR. The gentleman from Michigan has 45 seconds remaining.

govinfo.gov
Jan 13, 2021

For 2 months, Donald Trump used the biggest megaphone in the world to organize a campaign of outright lies to overturn a free and fair election. On January 6, he summoned and incited a mob of domestic terrorists to fight like hell and sent…

govinfo.gov
Feb 5, 2021

I look forward to discussing with my colleague a program that allows workers to unionize in the United States as freely as they do in Europe, and we achieve the same level of unionization those countries with larger numbers of…

govinfo.gov

Other voices in this conversation