Carl Levin actually said...

I think we have been really penny-wise and pound-foolish in the way we have funded our regulators.

Levin criticizes the inadequate funding of regulatory agencies compared to investor losses.

12/07/2010

More Carl Levin Quotes

But yet you hired Goldman Sachs in the end to help you out, is that correct?

Those Option ARMs... now have a delinquency rate of more than 50 percent, which means more than half of the underlying loans are now delinqu...

You should have been disturbed by what you heard here today, OK?

I think, Mr. Killinger, in your opening statement, you made reference to Wall Street's growing appetite for these products.