Carl Levin actually said...

the sheer size of the bank would say that there should be a maximum of cooperation, not to mention the fact that it is dictated by statute, as well.

Levin emphasizes the need for cooperation due to the bank's size and legal requirements.

04/15/2010

More Carl Levin Quotes

What consequences can you expect when most customers only make minimum payment in terms of the borrower's reaction to a payment shock?

We followed our normal protocols under the interagency agreement, and on August 14, we sent the OTS a letter.

That interagency position is not binding, is that correct?

On Exhibit 51b, if you will take a look at that exhibit, this is a 2005 memo entitled, 'Insured Institutions' Exposure to a Housing Slowdown...