Carl Levin actually said...

Wasn't there a recommendation in 2005 to take action against those officers?

Levin references a prior recommendation for action against loan officers under investigation.

04/12/2010

More Carl Levin Quotes

Trust is really about saying: 'Without me paying attention, I believe that the right things are happening in my best interests.'

You want to have disclosure, you want to have transparency, but you would agree it may take government action to get that transparency?

Let me have 10 seconds.

OK. There you want mandatory notification to the regulator.