Carl Levin actually said...

Long Beach is terrible, . . . Repurchases, [early payment defaults], manual underwriting, very weak servicing/collection practices, and a weak staff.

Levin discusses ongoing problems at Long Beach, emphasizing management failures.

08/31/2006

More Carl Levin Quotes

continue to serve as an important strategic tool for General Petraeus' counterinsurgency campaign in Afghanistan.

I have been a long-time supporter of cost/benefit analyses and think they have a very critical role.

I think you know that is an important rule that is being considered.

Boy, that Timberwolf was one (EXPLETIVE DELETED) deal.