Carl Levin actually said...

My problem comes particularly where you are selling a security to someone... and at the same time, you are betting against it.

We have to do a better job of striking the balance between what an informed client believes is important to his or her investing goals and w...

What do you think about selling securities which your own people think are crap? Does that bother you?

This is much more than a market maker. You are keeping a proprietary interest in a position that is exactly the opposite of what you are sel...