Carl Levin actually said...

"That is really a step forward."

"Now, sharing information across international lines is not just an ancient problem at HSBC, it is still a current problem."

"Well, when you say what you are legally permitted to do, were you legally permitted by the Caymans, by their law, to provide this?"

"Presumably, it will be caught by the same mechanism being applied in every one of your banks, wherever they are located."