Carl Levin actually said...

"If the value of the CACO transfer was treated the same as CSARL's intangibles were, as claimed by Pricewaterhouse, doesn't that create a huge tax liability?"

"I am not talking about that. I am asking about inventory systems."

"OK. And the key contacts in Caterpillar for you were the people in the company's Tax Department. Is that correct?"

"But wasn't the purpose to shift profits for tax purposes to a low-tax jurisdiction. Is that correct?"