Carl Levin actually said...

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...

Well, all year, they were over your permanent limit. They were hugely over it.

I do have a problem with taking a short position on a security that you are selling to your customer.

I think it is a very clear conflict of interest and I think we have got to deal with it.