Carl Levin actually said...

I should not have to remind you the FDIC has no role until the PFR (the primary regulator) rules on solvency.

Levin asserts the FDIC's lack of authority in bank solvency matters.

04/15/2010

More Carl Levin Quotes

From your perspectives, it was a turf battle. Protecting turf.

I mean, that is your email, so pretty good evidence contemporaneously.

Turf.

Thank you very much, Mr. Bowman.